Fund Overview
Fund Size
₹1,492 Cr
Expense Ratio
0.37%
ISIN
INF174V01AS2
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
23 Aug 2021
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹17.64, Assets Under Management (AUM) of 1491.53 Crores, and an expense ratio of 0.37%.
- Mahindra Manulife Flexi Cap Fund Direct Growth has given a CAGR return of 20.51% since inception.
- The fund's asset allocation comprises around 97.92% in equities, 0.00% in debts, and 2.08% 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
+37.34%
+40.20% (Cat Avg.)
3 Years
+20.42%
+18.63% (Cat Avg.)
Since Inception
+20.51%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,460.51 Cr | 97.92% |
| Others | ₹31.01 Cr | 2.08% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹127.25 Cr | 8.53% |
| ICICI Bank Ltd | Equity | ₹102.45 Cr | 6.87% |
| Infosys Ltd | Equity | ₹99.5 Cr | 6.67% |
| Reliance Industries Ltd | Equity | ₹63.91 Cr | 4.29% |
| Larsen & Toubro Ltd | Equity | ₹50.59 Cr | 3.39% |
| Tata Consultancy Services Ltd | Equity | ₹47.15 Cr | 3.16% |
| State Bank of India | Equity | ₹41.43 Cr | 2.78% |
| Axis Bank Ltd | Equity | ₹39.25 Cr | 2.63% |
| Voltas Ltd | Equity | ₹38.83 Cr | 2.60% |
| Hindustan Unilever Ltd | Equity | ₹38.34 Cr | 2.57% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹35.99 Cr | 2.41% |
| Shree Cement Ltd | Equity | ₹29.97 Cr | 2.01% |
| Dabur India Ltd | Equity | ₹29.92 Cr | 2.01% |
| Tata Motors Ltd | Equity | ₹29.35 Cr | 1.97% |
| Asian Paints Ltd | Equity | ₹28.77 Cr | 1.93% |
| Oil & Natural Gas Corp Ltd | Equity | ₹26.46 Cr | 1.77% |
| Britannia Industries Ltd | Equity | ₹24.59 Cr | 1.65% |
| Wipro Ltd | Equity | ₹24.12 Cr | 1.62% |
| L&T Finance Ltd | Equity | ₹23.88 Cr | 1.60% |
| Triparty Repo | Cash - Repurchase Agreement | ₹23.39 Cr | 1.57% |
| IndusInd Bank Ltd | Equity | ₹22.09 Cr | 1.48% |
| Maruti Suzuki India Ltd | Equity | ₹21.71 Cr | 1.46% |
| Avenue Supermarts Ltd | Equity | ₹21.68 Cr | 1.45% |
| Hindustan Petroleum Corp Ltd | Equity | ₹20.95 Cr | 1.40% |
| Info Edge (India) Ltd | Equity | ₹19.81 Cr | 1.33% |
| Suzlon Energy Ltd | Equity | ₹18.69 Cr | 1.25% |
| Colgate-Palmolive (India) Ltd | Equity | ₹18.53 Cr | 1.24% |
| Tata Power Co Ltd | Equity | ₹17.82 Cr | 1.19% |
| Piramal Pharma Ltd | Equity | ₹17.29 Cr | 1.16% |
| JK Cement Ltd | Equity | ₹16.7 Cr | 1.12% |
| Alembic Pharmaceuticals Ltd | Equity | ₹16.63 Cr | 1.11% |
| Gland Pharma Ltd | Equity | ₹16.55 Cr | 1.11% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹16.33 Cr | 1.09% |
| Navin Fluorine International Ltd | Equity | ₹16.28 Cr | 1.09% |
| DOMS Industries Ltd | Equity | ₹16.17 Cr | 1.08% |
| NCC Ltd | Equity | ₹16.11 Cr | 1.08% |
| Page Industries Ltd | Equity | ₹15.73 Cr | 1.05% |
| Graphite India Ltd | Equity | ₹15.69 Cr | 1.05% |
| Bata India Ltd | Equity | ₹15.69 Cr | 1.05% |
| SKF India Ltd | Equity | ₹14.78 Cr | 0.99% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹14.74 Cr | 0.99% |
| Manappuram Finance Ltd | Equity | ₹14.68 Cr | 0.98% |
| Finolex Industries Ltd | Equity | ₹14.45 Cr | 0.97% |
| Delhivery Ltd | Equity | ₹14.26 Cr | 0.96% |
| Vinati Organics Ltd | Equity | ₹14.18 Cr | 0.95% |
| NBCC India Ltd | Equity | ₹13.79 Cr | 0.92% |
| The South Indian Bank Ltd | Equity | ₹13.58 Cr | 0.91% |
| CESC Ltd | Equity | ₹13.58 Cr | 0.91% |
| Kaynes Technology India Ltd | Equity | ₹13.31 Cr | 0.89% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹12.84 Cr | 0.86% |
| Bajaj Electricals Ltd | Equity | ₹12.84 Cr | 0.86% |
| Multi Commodity Exchange of India Ltd | Equity | ₹12.52 Cr | 0.84% |
| VIP Industries Ltd | Equity | ₹12.51 Cr | 0.84% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹12.39 Cr | 0.83% |
| Net Receivables / (Payables) | Cash | ₹7.63 Cr | 0.51% |
| Gokaldas Exports Ltd | Equity | ₹6.58 Cr | 0.44% |
| Ola Electric Mobility Ltd | Equity | ₹5.4 Cr | 0.36% |
| LTIMindtree Ltd | Equity | ₹1.85 Cr | 0.12% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.88%
Mid Cap Stocks
16.78%
Small Cap Stocks
19.49%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹397.15 Cr | 26.63% |
| Industrials | ₹239.07 Cr | 16.03% |
| Technology | ₹172.62 Cr | 11.57% |
| Consumer Cyclical | ₹150.87 Cr | 10.12% |
| Consumer Defensive | ₹133.06 Cr | 8.92% |
| Energy | ₹111.32 Cr | 7.46% |
| Basic Materials | ₹105.9 Cr | 7.10% |
| Healthcare | ₹63.31 Cr | 4.24% |
| Communication Services | ₹55.8 Cr | 3.74% |
| Utilities | ₹31.4 Cr | 2.11% |
Risk & Performance Ratios
Standard Deviation
This fund
12.70%
Cat. avg.
12.92%
Lower the better
Sharpe Ratio
This fund
1.09
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.85
Higher the better
Fund Managers
Manish Lodha
Since August 2021
Fatema Pacha
Since August 2021
Additional Scheme Detailsas of 31st July 2024
ISIN | INF174V01AS2 | Expense Ratio | 0.37% | Exit Load | 1.00% | Fund Size | ₹1,492 Cr | Age | 23 Aug 2021 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 | 1.4% | 1.0% | ₹53783.10 Cr | 32.9% |
| Baroda BNP Paribas Flexi Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1369.11 Cr | 41.9% |
| Baroda BNP Paribas Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1369.11 Cr | 40.2% |
| JM Flexicap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹3855.23 Cr | 57.5% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1184.49 Cr | 48.8% |
| ITI Flexi Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1184.49 Cr | 46.2% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | 1.3% | 2.0% | ₹75956.22 Cr | 37.1% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹75956.22 Cr | 38.1% |
| Motilal Oswal Flexicap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹11728.02 Cr | 53.6% |
| Motilal Oswal Flexicap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹11728.02 Cr | 52.3% |
About the AMC
Total AUM
₹4,96,460 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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- Manish Lodha
- Fatema Pacha
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