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Fund Overview
Fund Size
₹1,458 Cr
Expense Ratio
0.42%
ISIN
INF174V01AS2
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
23 Aug 2021
About this fund
Mahindra Manulife Flexi Cap Fund Direct Growth is a Flexi Cap mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 3 years, 3 months and 29 days, having been launched on 23-Aug-21.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹16.58, Assets Under Management (AUM) of 1457.54 Crores, and an expense ratio of 0.42%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹16.58, Assets Under Management (AUM) of 1457.54 Crores, and an expense ratio of 0.42%.
- Mahindra Manulife Flexi Cap Fund Direct Growth has given a CAGR return of 16.39% since inception.
- The fund's asset allocation comprises around 97.66% in equities, 0.00% in debts, and 2.34% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Flexi Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+20.36%
+24.37% (Cat Avg.)
3 Years
+19.03%
+17.96% (Cat Avg.)
Since Inception
+16.39%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,423.45 Cr | 97.66% |
| Others | ₹34.09 Cr | 2.34% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹133.87 Cr | 9.18% |
| ICICI Bank Ltd | Equity | ₹112.91 Cr | 7.75% |
| Reliance Industries Ltd | Equity | ₹65.05 Cr | 4.46% |
| Infosys Ltd | Equity | ₹63.17 Cr | 4.33% |
| Larsen & Toubro Ltd | Equity | ₹55.34 Cr | 3.80% |
| Axis Bank Ltd | Equity | ₹46.7 Cr | 3.20% |
| State Bank of India | Equity | ₹45.97 Cr | 3.15% |
| Tata Consultancy Services Ltd | Equity | ₹43.35 Cr | 2.97% |
| Bharti Airtel Ltd | Equity | ₹37.59 Cr | 2.58% |
| Hindustan Unilever Ltd | Equity | ₹36.94 Cr | 2.53% |
| Voltas Ltd | Equity | ₹36.93 Cr | 2.53% |
| Shree Cement Ltd | Equity | ₹34.58 Cr | 2.37% |
| Mahindra & Mahindra Ltd | Equity | ₹26.69 Cr | 1.83% |
| Dabur India Ltd | Equity | ₹26.36 Cr | 1.81% |
| Tata Power Co Ltd | Equity | ₹23.2 Cr | 1.59% |
| Havells India Ltd | Equity | ₹22.68 Cr | 1.56% |
| Page Industries Ltd | Equity | ₹21.88 Cr | 1.50% |
| Hindustan Petroleum Corp Ltd | Equity | ₹21.84 Cr | 1.50% |
| L&T Finance Ltd | Equity | ₹21.37 Cr | 1.47% |
| Power Grid Corp Of India Ltd | Equity | ₹19.76 Cr | 1.36% |
| Triparty Repo | Cash - Repurchase Agreement | ₹19.73 Cr | 1.35% |
| Kaynes Technology India Ltd | Equity | ₹18.56 Cr | 1.27% |
| Britannia Industries Ltd | Equity | ₹18.28 Cr | 1.25% |
| Asian Paints Ltd | Equity | ₹17.35 Cr | 1.19% |
| Wipro Ltd | Equity | ₹17.34 Cr | 1.19% |
| Navin Fluorine International Ltd | Equity | ₹17.32 Cr | 1.19% |
| Jyoti CNC Automation Ltd | Equity | ₹16.69 Cr | 1.15% |
| Bata India Ltd | Equity | ₹16.65 Cr | 1.14% |
| Vinati Organics Ltd | Equity | ₹16.6 Cr | 1.14% |
| NCC Ltd | Equity | ₹16.4 Cr | 1.13% |
| Suzlon Energy Ltd | Equity | ₹16.37 Cr | 1.12% |
| JK Cement Ltd | Equity | ₹16.04 Cr | 1.10% |
| Graphite India Ltd | Equity | ₹15.83 Cr | 1.09% |
| National Aluminium Co Ltd | Equity | ₹15.74 Cr | 1.08% |
| Gland Pharma Ltd | Equity | ₹15.64 Cr | 1.07% |
| Alembic Pharmaceuticals Ltd | Equity | ₹15.62 Cr | 1.07% |
| IndusInd Bank Ltd | Equity | ₹15.44 Cr | 1.06% |
| Piramal Pharma Ltd | Equity | ₹15.24 Cr | 1.05% |
| DOMS Industries Ltd | Equity | ₹14.98 Cr | 1.03% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹14.81 Cr | 1.02% |
| VIP Industries Ltd | Equity | ₹14.37 Cr | 0.99% |
| Net Receivables / (Payables) | Cash | ₹14.36 Cr | 0.99% |
| Cipla Ltd | Equity | ₹14.35 Cr | 0.98% |
| SKF India Ltd | Equity | ₹14.02 Cr | 0.96% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹13.99 Cr | 0.96% |
| Multi Commodity Exchange of India Ltd | Equity | ₹13.61 Cr | 0.93% |
| Eicher Motors Ltd | Equity | ₹13.29 Cr | 0.91% |
| GHCL Ltd | Equity | ₹13.24 Cr | 0.91% |
| Gokaldas Exports Ltd | Equity | ₹12.71 Cr | 0.87% |
| LTIMindtree Ltd | Equity | ₹12.52 Cr | 0.86% |
| Info Edge (India) Ltd | Equity | ₹12.38 Cr | 0.85% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹11.76 Cr | 0.81% |
| Manappuram Finance Ltd | Equity | ₹11.72 Cr | 0.80% |
| Tata Motors Ltd | Equity | ₹11.64 Cr | 0.80% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹11.44 Cr | 0.78% |
| Arvind Fashions Ltd | Equity | ₹10.54 Cr | 0.72% |
| InterGlobe Aviation Ltd | Equity | ₹9.85 Cr | 0.68% |
| Indian Hotels Co Ltd | Equity | ₹6.23 Cr | 0.43% |
| Ola Electric Mobility Ltd | Equity | ₹4.88 Cr | 0.33% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹2.68 Cr | 0.18% |
| Karur Vysya Bank Ltd | Equity | ₹1.19 Cr | 0.08% |
Allocation By Market Cap (Equity)
Large Cap Stocks
64.42%
Mid Cap Stocks
15.21%
Small Cap Stocks
17.70%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹431.58 Cr | 29.61% |
| Industrials | ₹252.1 Cr | 17.30% |
| Consumer Cyclical | ₹138.86 Cr | 9.53% |
| Technology | ₹136.37 Cr | 9.36% |
| Basic Materials | ₹130.86 Cr | 8.98% |
| Energy | ₹86.88 Cr | 5.96% |
| Consumer Defensive | ₹81.58 Cr | 5.60% |
| Healthcare | ₹72.29 Cr | 4.96% |
| Communication Services | ₹49.97 Cr | 3.43% |
| Utilities | ₹42.96 Cr | 2.95% |
Risk & Performance Ratios
Standard Deviation
This fund
13.27%
Cat. avg.
13.30%
Lower the better
Sharpe Ratio
This fund
0.94
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.49
Higher the better
Fund Managers
ML
Manish Lodha
Since August 2021
Fatema Pacha
Since August 2021
Additional Scheme Detailsas of 30th November 2024
ISIN INF174V01AS2 | Expense Ratio 0.42% | Exit Load 1.00% | Fund Size ₹1,458 Cr | Age 3 years 3 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Flexi Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Flexicap Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹51275.67 Cr | 20.9% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1313.95 Cr | 27.1% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1313.95 Cr | 25.6% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹5012.19 Cr | 37.1% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1287.64 Cr | 32.2% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1287.64 Cr | 30.0% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹84640.59 Cr | 25.2% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹84640.59 Cr | 26.1% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹12598.45 Cr | 47.4% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹12598.45 Cr | 46.1% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,10,238 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Flexi Cap Fund Direct Growth?
The NAV of Mahindra Manulife Flexi Cap Fund Direct Growth, as of 20-Dec-2024, is ₹16.58.
What are the returns of Mahindra Manulife Flexi Cap Fund Direct Growth?
The fund has generated 20.36% over the last 1 year and 19.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mahindra Manulife Flexi Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 97.66% in equities, 0.00% in bonds, and 2.34% in cash and cash equivalents.
Who manages the Mahindra Manulife Flexi Cap Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Flexi Cap Fund Direct Growth are:-
- Manish Lodha
- Fatema Pacha
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.