Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd. joined hands together to bring Mahindra Manulife Mutual Funds into the Indian mutual fund market.
With a customer-centric approach and a brilliant track record of fulfilling customer goals, the entity has been one of the top-notch members of the industry.
Mahindra & Mahindra Financial Services Limited and Manulife Investment Management together bring a perfect blend of global wealth and asset management skills.
Mahindra Manulife Mutual Funds brings forth a diverse set of mutual funds, including multi-cap, large-cap, mid-cap, flexi-cap, small-cap, aggressive hybrid, ELSS, etc.
According to the latest available financial data, Mahindra Manulife Mutual Funds has an AUM of over Rs 19091.98 crore (as on Mar 2024).
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
Mahindra Manulife Liquid Fund | Debt | Moderate | 7.4% | 5 | ₹1,061 |
Mahindra Manulife Mid Cap Fund | Equity | Very High | 60.9% | 4 | ₹2,433 |
Mahindra Manulife Focused Fund | Equity | Very High | 48.6% | 4 | ₹1,339 |
Mahindra Manulife Large & Mid Cap Fund | Equity | Moderately High | 46.3% | 4 | ₹2,142 |
Mahindra Manulife ELSS Fund | Equity | Very High | 16.4% | 4 | ₹658 |
Mahindra Manulife Aggressive Hybrid Fund | Hybrid | Moderately High | 32.3% | 4 | ₹1,138 |
Mahindra Manulife Large Cap Fund | Equity | Moderately High | 31.7% | 4 | ₹448 |
Mahindra Manulife Low Duration Fund | Debt | Moderate | 7.6% | 4 | ₹561 |
Mahindra Manulife Consumption Fund | Equity | Very High | 36.7% | 3 | ₹177 |
Mahindra Manulife ELSS Tax Saver Fund | Equity | Very High | 31.5% | 3 | ₹858 |
Mahindra Manulife Equity Savings Fund | Hybrid | Moderately High | 19.6% | 3 | ₹485 |
Mahindra Manulife Ultra Short Duration Fund | Debt | Moderately Low | 7.5% | 3 | ₹220 |
Mahindra Manulife Overnight Fund | Debt | Low | 6.8% | 3 | ₹148 |
Mahindra Manulife Arbitrage Fund | Hybrid | Low | 6.8% | 2 | ₹70 |
Mahindra Manulife Dynamic Bond Fund | Debt | Moderate | 7.0% | 2 | ₹64 |
| View All |
| Mutual fund name | Mahindra Manulife Mutual Fund | |||||
| Asset management company name | Mahindra Manulife Mutual Fund | |||||
| AMC Setup Date | 4 February 2016 | |||||
| AMC Incorporation Date | 20 June 2013 | |||||
| Sponsor name | Mahindra and Mahindra Financial Services Ltd. | Manulife Investment Management (Singapore) Pte. Ltd. | ||||
| Trustee organisation | Mahindra Manulife Trustee Pvt. Ltd. (Formerly Mahindra Trustee Company Pvt. Ltd.) | |||||
| Name of trustees | Mr. Manohar G. Bhide | Mr. Gautam G. Parekh | Mr. A.K. Sridhar | Mr. Suneet K. Maheshwari | Mr. Nilesh Sathe | Mr. Michael C Fitzgerald |
| MD and CEO | Mr. Anthony Heredia | |||||
| CIO | Mr. Krishna Sanghavi, Mr. Rahul Pal | |||||
| Compliance Officer | Mr. Ravi Dayma | |||||
| Investor Service Officer | Ms. Pooja Vineet Deherkar |
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
Like most other popular Mutual Funds in India, investing in Mahindra Manulife Mutual Funds online takes minimal time. Thanks to unified platforms like Groww, you can start investing very soon.
Here are the steps which you must follow:
Step 1. The first step is to sign in to Groww using your password and Log-in ID. In case you are a first-time visitor, you may choose to register your account for free with Groww. Registration is easy and requires minimal documentation.
Step 2. Upload any proof of your identity. Accepted documents in this section include PAN, Aadhaar, Voter ID Card, a valid driving license from any of the 29 states of Union Territories, valid ID proof provided by either the State of Central Governments, a Passport etc.
Step 3. You must now verify your address. Any document which mentions both your name and your permanent residence will suffice.
Step 4. You have to choose your risk appetite. Go to the Mahindra Manulife Mutual Funds section on the Groww website and click on risk level you choose. You can select any one of high, moderate and low risks.
Step 5. After the risk factor is settled, select the Mahindra Manulife Mutual Funds in which you plan to invest straight from our website.
Step 6. If you are planning to invest a lump sum amount at once, choose the option that says “Invest One Time”. On the other hand, most people plan to set up a new SIP. Click on “Start SIP” to start investing at once.
Remember that risks and amounts invested both come into play to yield dividends. The higher the risk, the greater the returns. However, if there is market turbulence and Mutual Funds buckle under the pressure, those with highest risk levels may face exposure. Low risks likewise translate to lower yields. If you have confidence in your judgment or have access to quality service, you can opt for medium-risk Mutual Funds.
Note that your investment will reflect in your Groww account within 3-4 working days only.
Ms Fatema Pacha holds a PGDBM (Finance) from SP Jain Institute of Management & Research, Mumbai and a BE (Computers) from Thadomal Shahani Engineering College, Mumbai.
With more than 17 years of experience in equity research and fund management, she has been associated with many renowned companies, such as ICICI Prudential Life Insurance and UTI Mutual Fund.
Mr Manish Lodha carries an experience of more than 22 years during which he has worked in the Mutual Fund Industry, Life Insurance Industry, etc.
He worked with Kotak Mahindra Mutual Fund and Canara HSBC OBC Life Insurance Co Ltd before joining Mahindra Manulife Mutual Funds.
He is a Chartered Accountant and a Company Secretary.
With an experience of over 17 years, Mr Amit Garg has been working in the Fixed Income field successfully. Prior to joining Mahindra Manulife Mutual Funds, he was associated with Daiwa Asset Management (India) Pvt. Ltd. and Darashaw & Co. Private Limited.
He has done MMS in Finance and is also a Chartered Financial Analyst (CFA).
Mr Abhinav Khandelwal, a qualified Chartered Accountant, has an experience of more than 14 years in the fund management and equity research field.
He was earlier associated with Canara Robeco Asset Management and Aegon Life Insurance before joining Mahindra Manulife Mutual Funds.
Mr Renjith Sivaram Radhakrishnan has an extensive experience of over 13 years in the equity research field. Before being associated with Mahindra Manulife Mutual Funds, he worked with Antique Stock Broking, ICICI Securities, and B&K Securities.
He holds a Bachelor’s degree in Mechanical engineering and is also an MBA in Finance.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.7% & 5.35%. The Mahindra Manulife Liquid Fund comes under the Debt category of Mahindra Mutual Funds.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,061Cr |
| 1Y Returns | 7.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 28.63% & 28.82%. The Mahindra Manulife Mid Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Mid Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,433Cr |
| 1Y Returns | 60.9% |
Fund Performance: The Mahindra Manulife Focused Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Focused Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,339Cr |
| 1Y Returns | 48.6% |
Fund Performance: The Mahindra Manulife Large & Mid Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Large & Mid Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹2,142Cr |
| 1Y Returns | 46.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 23.75% & 17.14%. The Mahindra Manulife ELSS Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife ELSS Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹658Cr |
| 1Y Returns | 16.4% |
Fund Performance: The Mahindra Manulife Aggressive Hybrid Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Aggressive Hybrid Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,138Cr |
| 1Y Returns | 32.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 17.41% & 18.14%. The Mahindra Manulife Large Cap Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Large Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹448Cr |
| 1Y Returns | 31.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.82% & 6.33%. The Mahindra Manulife Low Duration Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Low Duration Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹561Cr |
| 1Y Returns | 7.6% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 21.24% & 18.23%. The Mahindra Manulife Consumption Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Consumption Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹177Cr |
| 1Y Returns | 36.7% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 20.84% & 20.12%. The Mahindra Manulife ELSS Tax Saver Fund comes under the Equity category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹858Cr |
| 1Y Returns | 31.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.44% & 13.32%. The Mahindra Manulife Equity Savings Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Equity Savings Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹485Cr |
| 1Y Returns | 19.6% |
Fund Performance: The Mahindra Manulife Ultra Short Duration Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Ultra Short Duration Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹220Cr |
| 1Y Returns | 7.5% |
Fund Performance: The Mahindra Manulife Overnight Fund comes under the Debt category of Mahindra Mutual Funds.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹148Cr |
| 1Y Returns | 6.8% |
Fund Performance: The Mahindra Manulife Arbitrage Fund comes under the Hybrid category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Arbitrage Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹70Cr |
| 1Y Returns | 6.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.91% & 5.68%. The Mahindra Manulife Dynamic Bond Fund comes under the Debt category of Mahindra Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Mahindra Manulife Dynamic Bond Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹64Cr |
| 1Y Returns | 7.0% |
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