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Mahindra Manulife Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationHigh Risk
Direct
NAV (21-Nov-24)
₹11.14-0.29%1D
Returns (Since Inception)
11.40%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹538 Cr
Expense Ratio
0.38%
ISIN
INF174V01BW2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
13 Mar 2024
About this fund
This fund has been in existence for 8 months and 9 days, having been launched on 13-Mar-24.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹11.14, Assets Under Management (AUM) of 538.09 Crores, and an expense ratio of 0.38%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹11.14, Assets Under Management (AUM) of 538.09 Crores, and an expense ratio of 0.38%.
- Mahindra Manulife Multi Asset Allocation Fund Direct Growth has given a CAGR return of 11.40% since inception.
- The fund's asset allocation comprises around 35.86% in equities, 42.23% in debts, and 4.67% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Multi Asset Allocation 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.
Since Inception
+11.40%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹192.97 Cr | 35.86% |
| Debt | ₹227.22 Cr | 42.23% |
| Others | ₹117.9 Cr | 21.91% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Nippon India Silver ETF | Mutual Fund - ETF | ₹51.51 Cr | 9.57% |
| ICICI Pru Gold ETF | Mutual Fund - ETF | ₹43.25 Cr | 8.04% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹36.14 Cr | 6.72% |
| National Bank for Agriculture and Rural Development 7.68% | Bond - Gov't Agency Debt | ₹35.31 Cr | 6.56% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.12 Cr | 4.67% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹21.37 Cr | 3.97% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹18.72 Cr | 3.48% |
| Triparty Repo | Cash - Repurchase Agreement | ₹15.97 Cr | 2.97% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹15.37 Cr | 2.86% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹14.98 Cr | 2.78% |
| Brookfield India Real Estate Trust | Bond - Asset Backed | ₹14.49 Cr | 2.69% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹9.99 Cr | 1.86% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.97 Cr | 1.85% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹8.57 Cr | 1.59% |
| State Bank of India | Equity | ₹8.37 Cr | 1.55% |
| Divi's Laboratories Ltd | Equity | ₹7.83 Cr | 1.46% |
| ICICI Bank Ltd | Equity | ₹7.81 Cr | 1.45% |
| NTPC Ltd | Equity | ₹7.69 Cr | 1.43% |
| Net Receivables / (Payables) | Cash | ₹7.17 Cr | 1.33% |
| HDFC Bank Ltd | Equity | ₹7.07 Cr | 1.31% |
| LTIMindtree Ltd | Equity | ₹5.94 Cr | 1.10% |
| Infosys Ltd | Equity | ₹5.73 Cr | 1.06% |
| Tech Mahindra Ltd | Equity | ₹5.73 Cr | 1.06% |
| Aditya Vision Ltd | Equity | ₹5.69 Cr | 1.06% |
| ITC Ltd | Equity | ₹5.5 Cr | 1.02% |
| Kotak Mahindra Investments Limited 8.3721% | Bond - Corporate Bond | ₹5.06 Cr | 0.94% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.94% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.93% |
| Coromandel International Ltd | Equity | ₹4.83 Cr | 0.90% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹4.07 Cr | 0.76% |
| Grasim Industries Ltd | Equity | ₹3.86 Cr | 0.72% |
| Hindustan Petroleum Corp Ltd | Equity | ₹3.81 Cr | 0.71% |
| L&T Finance Ltd | Equity | ₹3.74 Cr | 0.70% |
| SBI Life Insurance Co Ltd | Equity | ₹3.64 Cr | 0.68% |
| IndusInd Bank Ltd | Equity | ₹3.55 Cr | 0.66% |
| Shree Cement Ltd | Equity | ₹3.41 Cr | 0.63% |
| Hero MotoCorp Ltd | Equity | ₹3.29 Cr | 0.61% |
| Tata Consumer Products Ltd | Equity | ₹3.25 Cr | 0.60% |
| Emami Ltd | Equity | ₹3.13 Cr | 0.58% |
| Tata Steel Ltd | Equity | ₹3.06 Cr | 0.57% |
| Reliance Industries Ltd | Equity | ₹2.97 Cr | 0.55% |
| Larsen & Toubro Ltd | Equity | ₹2.95 Cr | 0.55% |
| Tata Motors Ltd | Equity | ₹2.92 Cr | 0.54% |
| GAIL (India) Ltd | Equity | ₹2.9 Cr | 0.54% |
| Hindalco Industries Ltd | Equity | ₹2.87 Cr | 0.53% |
| Maruti Suzuki India Ltd | Equity | ₹2.79 Cr | 0.52% |
| Voltas Ltd | Equity | ₹2.67 Cr | 0.50% |
| ISGEC Heavy Engineering Ltd | Equity | ₹2.63 Cr | 0.49% |
| Persistent Systems Ltd | Equity | ₹2.53 Cr | 0.47% |
| Coal India Ltd | Equity | ₹2.52 Cr | 0.47% |
| Kirloskar Brothers Ltd | Equity | ₹2.5 Cr | 0.46% |
| JK Cement Ltd | Equity | ₹2.42 Cr | 0.45% |
| Kotak Mahindra Bank Ltd | Equity | ₹2.38 Cr | 0.44% |
| Petronet LNG Ltd | Equity | ₹2.33 Cr | 0.43% |
| Escorts Kubota Ltd | Equity | ₹2.27 Cr | 0.42% |
| CESC Ltd | Equity | ₹2.24 Cr | 0.42% |
| Nitin Spinners Ltd | Equity | ₹2.21 Cr | 0.41% |
| S.P. Apparels Ltd | Equity | ₹2.21 Cr | 0.41% |
| Syrma SGS Technology Ltd | Equity | ₹2.19 Cr | 0.41% |
| Triveni Engineering & Industries Ltd | Equity | ₹2.18 Cr | 0.41% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹2.15 Cr | 0.40% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹2.09 Cr | 0.39% |
| Hindustan Unilever Ltd | Equity | ₹2.05 Cr | 0.38% |
| INOX India Ltd | Equity | ₹2.04 Cr | 0.38% |
| KEI Industries Ltd | Equity | ₹2.03 Cr | 0.38% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹1.96 Cr | 0.36% |
| Oil & Natural Gas Corp Ltd | Equity | ₹1.92 Cr | 0.36% |
| Oil India Ltd | Equity | ₹1.9 Cr | 0.35% |
| Jyothy Labs Ltd | Equity | ₹1.85 Cr | 0.34% |
| PTC Industries Ltd | Equity | ₹1.82 Cr | 0.34% |
| Piramal Enterprises Ltd | Equity | ₹1.8 Cr | 0.34% |
| Technocraft Industries (India) Ltd | Equity | ₹1.8 Cr | 0.33% |
| REC Ltd | Equity | ₹1.78 Cr | 0.33% |
| Archean Chemical Industries Ltd | Equity | ₹1.78 Cr | 0.33% |
| Dabur India Ltd | Equity | ₹1.73 Cr | 0.32% |
| Carborundum Universal Ltd | Equity | ₹1.64 Cr | 0.30% |
| Bharat Petroleum Corp Ltd | Equity | ₹1.55 Cr | 0.29% |
| Indraprastha Gas Ltd | Equity | ₹1.51 Cr | 0.28% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹40.14 Cr | 7.46% |
| Basic Materials | ₹24.18 Cr | 4.49% |
| Industrials | ₹22.34 Cr | 4.15% |
| Technology | ₹22.11 Cr | 4.11% |
| Consumer Cyclical | ₹21.26 Cr | 3.95% |
| Consumer Defensive | ₹19.68 Cr | 3.66% |
| Energy | ₹17.01 Cr | 3.16% |
| Utilities | ₹14.34 Cr | 2.66% |
| Healthcare | ₹11.9 Cr | 2.21% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF174V01BW2 | Expense Ratio 0.38% | Exit Load No Charges | Fund Size ₹538 Cr | Age 8 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Composite Bond 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 Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3664.46 Cr | 21.4% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3664.46 Cr | 23.2% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹4500.39 Cr | 27.2% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹4500.39 Cr | 25.6% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹6574.01 Cr | 20.6% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3025.56 Cr | 34.3% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.8% | 1.0% | ₹4415.49 Cr | 27.6% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹50648.49 Cr | 23.4% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3759.76 Cr | 18.8% |
| Motilal Oswal Multi Asset Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹103.59 Cr | 7.7% |
Risk Level
Your principal amount will be at High Risk
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Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
The NAV of Mahindra Manulife Multi Asset Allocation Fund Direct Growth, as of 21-Nov-2024, is ₹11.14.
What is the portfolio composition of Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as 35.86% in equities, 42.23% in bonds, and 4.67% in cash and cash equivalents.
Who manages the Mahindra Manulife Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Multi Asset Allocation Fund Direct Growth are:-
- Rahul Pal
- Renjith Radhakrishnan
- Pranav Patel
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.