Mahindra Manulife Focused Fund Direct Growth
EquityFocused FundVery High Risk
Direct
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,785 Cr
Expense Ratio
0.37%
ISIN
INF174V01AG7
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
17 Nov 2020
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹29.96, Assets Under Management (AUM) of 1784.83 Crores, and an expense ratio of 0.37%.
- Mahindra Manulife Focused Fund Direct Growth has given a CAGR return of 33.45% since inception.
- The fund's asset allocation comprises around 96.21% in equities, 0.00% in debts, and 3.79% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Focused 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
+52.14%
+40.13% (Cat Avg.)
3 Years
+25.50%
+18.13% (Cat Avg.)
Since Inception
+33.45%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹1,717.13 Cr | 96.21% |
| Others | ₹67.7 Cr | 3.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹153.5 Cr | 9.08% |
| Reliance Industries Ltd | Equity | ₹115.07 Cr | 6.81% |
| Infosys Ltd | Equity | ₹108.6 Cr | 6.42% |
| ITC Ltd | Equity | ₹88.17 Cr | 5.21% |
| State Bank of India | Equity | ₹81.13 Cr | 4.80% |
| ICICI Bank Ltd | Equity | ₹80.79 Cr | 4.78% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹79.27 Cr | 4.69% |
| Hindustan Unilever Ltd | Equity | ₹75.76 Cr | 4.48% |
| Grasim Industries Ltd | Equity | ₹73.14 Cr | 4.33% |
| GAIL (India) Ltd | Equity | ₹56.63 Cr | 3.35% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹51.58 Cr | 3.05% |
| Kotak Mahindra Bank Ltd | Equity | ₹50.62 Cr | 2.99% |
| Triparty Repo | Cash - Repurchase Agreement | ₹46.23 Cr | 2.73% |
| Power Finance Corp Ltd | Equity | ₹44.29 Cr | 2.62% |
| Coal India Ltd | Equity | ₹42.61 Cr | 2.52% |
| IndusInd Bank Ltd | Equity | ₹42.12 Cr | 2.49% |
| NTPC Ltd | Equity | ₹41.6 Cr | 2.46% |
| Tech Mahindra Ltd | Equity | ₹38.86 Cr | 2.30% |
| Hero MotoCorp Ltd | Equity | ₹38.09 Cr | 2.25% |
| Maruti Suzuki India Ltd | Equity | ₹38.04 Cr | 2.25% |
| HCL Technologies Ltd | Equity | ₹36.71 Cr | 2.17% |
| Century Textiles & Industries Ltd | Equity | ₹34.6 Cr | 2.05% |
| Oil India Ltd | Equity | ₹33.61 Cr | 1.99% |
| United Spirits Ltd | Equity | ₹31.94 Cr | 1.89% |
| Biocon Ltd | Equity | ₹31.34 Cr | 1.85% |
| Jindal Steel & Power Ltd | Equity | ₹29.05 Cr | 1.72% |
| Thomas Cook India Ltd | Equity | ₹28.18 Cr | 1.67% |
| Triveni Engineering & Industries Ltd | Equity | ₹27.69 Cr | 1.64% |
| Hindalco Industries Ltd | Equity | ₹26.78 Cr | 1.58% |
| Ramco Cements Ltd | Equity | ₹24.78 Cr | 1.47% |
| Kirloskar Oil Engines Ltd | Equity | ₹22.15 Cr | 1.31% |
| Net Receivables / (Payables) | Cash | ₹17.91 Cr | 1.06% |
Allocation By Market Cap (Equity)
Large Cap Stocks
77.30%
Mid Cap Stocks
12.25%
Small Cap Stocks
6.66%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹452.45 Cr | 26.76% |
| Consumer Defensive | ₹223.56 Cr | 13.22% |
| Energy | ₹191.29 Cr | 11.31% |
| Basic Materials | ₹188.36 Cr | 11.14% |
| Technology | ₹184.17 Cr | 10.89% |
| Consumer Cyclical | ₹104.31 Cr | 6.17% |
| Utilities | ₹98.23 Cr | 5.81% |
| Healthcare | ₹82.92 Cr | 4.90% |
| Communication Services | ₹79.27 Cr | 4.69% |
| Industrials | ₹22.15 Cr | 1.31% |
Risk & Performance Ratios
Standard Deviation
This fund
12.69%
Cat. avg.
12.86%
Lower the better
Sharpe Ratio
This fund
1.47
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.78
Higher the better
Fund Managers
Krishna Sanghavi
Since November 2020
Fatema Pacha
Since December 2020
Additional Scheme Detailsas of 31st July 2024
ISIN | INF174V01AG7 | Expense Ratio | 0.37% | Exit Load | 1.00% | Fund Size | ₹1,785 Cr | Age | 17 Nov 2020 | 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 Focused Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Focused Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3661.19 Cr | 35.0% |
| Tata Focused Equity Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1876.86 Cr | 42.0% |
| Tata Focused Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1876.86 Cr | 40.0% |
| Kotak Focused Equity Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3661.19 Cr | 36.9% |
| DSP Focus Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2592.52 Cr | 42.9% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.98 Cr | 26.4% |
| Union Focused Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹426.98 Cr | 25.1% |
| 360 ONE Focused Equity Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7986.59 Cr | 38.3% |
| 360 ONE Focused Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹7986.59 Cr | 39.6% |
| ICICI Prudential Focused Equity Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹9745.36 Cr | 48.7% |
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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Focused Fund Direct Growth?
What are the returns of Mahindra Manulife Focused Fund Direct Growth?
What is the portfolio composition of Mahindra Manulife Focused Fund Direct Growth?
Who manages the Mahindra Manulife Focused Fund Direct Growth?
- Krishna Sanghavi
- Fatema Pacha
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.