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Mahindra Manulife Mid Cap Fund

Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks

Type : Mutual Fund

Asset Class : Equity

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit Load 1 Yr1% *
*» An Exit Load of 1% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment;
» Nil if Units are redeemed / switched-out after 3 months from the date of allotment.

Fund Manager (NULL) : Mr. Ratish Varier

Mahindra Manulife Mid Cap Fund

Investors Understands that their principal will be at risk

  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Product Benefits:

  • Selection of focused sustainable businesses from across sectors
  • Potential to generate higher risk adjusted returns in the long term
  • Active management of portfolio with primary investments in mid-caps

Investment Style:

The scheme would invest minimum 65% in Mid Cap companies and upto 35% in stocks in other than mid-caps. Bottom up stock selection would focus on market leaders in smaller markets or focused single-line businesses in larger markets, that have shown growth and are likely to be tomorrow’s large caps.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Mid Cap Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 31, 2023)
Managed by Mr. Rahul Pal and Mr. Amit Garg 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 24.35 31.15 17.17 15.41 12,442 22,556 22,095 22,271 22.2708
Direct Plan - Growth Option 26.38 33.33 19.14 17.42 12,646 23,704 24,013 24,521 24.5211
Nifty Midcap 150 TRI^ 24.56 33.31 16.87 14.65 12,463 23,690 21,816 21,467 18,453.64
Nifty 50 TRI^^ 9.50 20.58 11.83 11.87 10,953 17,532 17,495 18,710 28,243.74

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Manish Lodha is managing this fund since December 21, 2020. Mr. Abhinav Khandelwal is managing this fund since February 1, 2022

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.