NAV : ₹ 33.359 as of 21 November, 2024
3Y Returns
▲16.29%
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Rating by Value Research
Over the past
Disclaimer: Past performance is not an indicator of future returns
Inclusive of GST
Exit load of 1% if redeemed within 3 months.
Fatema Pacha
Dec 2020 - Present
Mahindra Manulife Mutual Fund
Total AUM: 19558.45Cr
Mahindra Manulife Mutual Fund represents a collaboration between Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Ltd (MIMS). Mahindra & Mahindra Financial Services Limited, a key player in India's non-banking finance sector and a part of the Mahindra Group, partnered with MIMS, a member of the Manulife Financial group of companies and an indirect wholly owned subsidiary of Manulife Financial Corporation. MIMS, with a robust presence in Singapore, handles retail fund schemes, institutional client mandates, and manages assets on behalf of its insurance affiliate.
As of December 2023, the fund house reports total assets under management (AUM) reaching approximately Rs. 15320 crores.
Learn more about Mahindra Manulife Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
To start an SIP in Mahindra Manulife Multi Cap Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Mahindra Manulife Multi Cap Fund.
3. On the Mahindra Manulife Multi Cap Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
To invest in Mahindra Manulife Multi Cap Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Mahindra Manulife Multi Cap Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
To automate an SIP in Mahindra Manulife Multi Cap Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Mahindra Manulife Multi Cap Fund automatically, ensuring consistent contributions without manual intervention.
To withdraw or redeem your investment in Mahindra Manulife Multi Cap Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Mahindra Manulife Multi Cap Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Mahindra Manulife Multi Cap Fund is ₹33.36
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Mahindra Manulife Multi Cap Fund is ₹4,734.88 Cr.
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Mahindra Manulife Multi Cap Fund is ₹500
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Mahindra Manulife Multi Cap Fund is 1.84%
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Mahindra Manulife Multi Cap Fund is Exit load of 1% if redeemed within 3 months..