Fund Overview
Fund Size
₹5,035 Cr
Expense Ratio
0.27%
ISIN
INF174V01BK7
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
14 Dec 2022
About this fund
Mahindra Manulife Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 1 years, 8 months and 24 days, having been launched on 14-Dec-22.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹21.98, Assets Under Management (AUM) of 5034.87 Crores, and an expense ratio of 0.27%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹21.98, Assets Under Management (AUM) of 5034.87 Crores, and an expense ratio of 0.27%.
- Mahindra Manulife Small Cap Fund Direct Growth has given a CAGR return of 57.54% since inception.
- The fund's asset allocation comprises around 93.44% in equities, 0.00% in debts, and 6.56% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Small 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
+61.05%
+45.35% (Cat Avg.)
Since Inception
+57.54%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹4,704.34 Cr | 93.44% |
| Others | ₹330.54 Cr | 6.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹188.29 Cr | 3.74% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹151.6 Cr | 3.01% |
| GAIL (India) Ltd | Equity | ₹144.58 Cr | 2.87% |
| Triparty Repo | Cash - Repurchase Agreement | ₹142.24 Cr | 2.83% |
| Century Textiles & Industries Ltd | Equity | ₹140.13 Cr | 2.78% |
| Anant Raj Ltd | Equity | ₹119 Cr | 2.36% |
| PCBL Ltd | Equity | ₹110.59 Cr | 2.20% |
| Grasim Industries Ltd | Equity | ₹110.51 Cr | 2.19% |
| Firstsource Solutions Ltd | Equity | ₹109.38 Cr | 2.17% |
| CESC Ltd | Equity | ₹108.69 Cr | 2.16% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹106.24 Cr | 2.11% |
| Apar Industries Ltd | Equity | ₹106.14 Cr | 2.11% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹102.81 Cr | 2.04% |
| Bharat Bijlee Ltd | Equity | ₹102.4 Cr | 2.03% |
| Granules India Ltd | Equity | ₹100.88 Cr | 2.00% |
| Godrej Industries Ltd | Equity | ₹94.89 Cr | 1.88% |
| REC Ltd | Equity | ₹93.09 Cr | 1.85% |
| Minda Corp Ltd | Equity | ₹93.07 Cr | 1.85% |
| Reliance Industries Ltd | Equity | ₹90.33 Cr | 1.79% |
| Emami Ltd | Equity | ₹89.86 Cr | 1.78% |
| Birlasoft Ltd | Equity | ₹87.83 Cr | 1.74% |
| Kirloskar Oil Engines Ltd | Equity | ₹81.46 Cr | 1.62% |
| PNB Housing Finance Ltd | Equity | ₹74.91 Cr | 1.49% |
| Sanghvi Movers Ltd | Equity | ₹73.15 Cr | 1.45% |
| Thomas Cook India Ltd | Equity | ₹72.99 Cr | 1.45% |
| Central Depository Services (India) Ltd | Equity | ₹72.79 Cr | 1.45% |
| Piramal Pharma Ltd | Equity | ₹68.66 Cr | 1.36% |
| Orient Cement Ltd | Equity | ₹66.37 Cr | 1.32% |
| Varroc Engineering Ltd Ordinary Shares | Equity | ₹64.87 Cr | 1.29% |
| INOX India Ltd | Equity | ₹64.69 Cr | 1.28% |
| Arvind Ltd | Equity | ₹64.16 Cr | 1.27% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹63.44 Cr | 1.26% |
| Kalpataru Projects International Ltd | Equity | ₹61.69 Cr | 1.23% |
| Cyient Ltd | Equity | ₹61.49 Cr | 1.22% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹60.21 Cr | 1.20% |
| Steel Authority Of India Ltd | Equity | ₹58.92 Cr | 1.17% |
| Jyothy Labs Ltd | Equity | ₹57.95 Cr | 1.15% |
| NLC India Ltd | Equity | ₹57.57 Cr | 1.14% |
| Electronics Mart India Ltd | Equity | ₹56.98 Cr | 1.13% |
| Finolex Industries Ltd | Equity | ₹56.93 Cr | 1.13% |
| Tega Industries Ltd | Equity | ₹56.82 Cr | 1.13% |
| Kirloskar Brothers Ltd | Equity | ₹56.07 Cr | 1.11% |
| Aadhar Housing Finance Ltd | Equity | ₹55.59 Cr | 1.10% |
| Voltamp Transformers Ltd | Equity | ₹55.21 Cr | 1.10% |
| Texmaco Rail & Engineering Ltd | Equity | ₹53.73 Cr | 1.07% |
| Great Eastern Shipping Co Ltd | Equity | ₹53.72 Cr | 1.07% |
| Birla Corp Ltd | Equity | ₹51.26 Cr | 1.02% |
| ICRA Ltd | Equity | ₹49.74 Cr | 0.99% |
| Emcure Pharmaceuticals Ltd | Equity | ₹48.98 Cr | 0.97% |
| NBCC India Ltd | Equity | ₹48.93 Cr | 0.97% |
| Natco Pharma Ltd | Equity | ₹47.43 Cr | 0.94% |
| MOIL Ltd | Equity | ₹47.2 Cr | 0.94% |
| Triveni Engineering & Industries Ltd | Equity | ₹47.11 Cr | 0.94% |
| D B Corp Ltd | Equity | ₹46 Cr | 0.91% |
| BEML Ltd | Equity | ₹45.65 Cr | 0.91% |
| Nitin Spinners Ltd | Equity | ₹42.87 Cr | 0.85% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹41.66 Cr | 0.83% |
| Kajaria Ceramics Ltd | Equity | ₹39.71 Cr | 0.79% |
| Archean Chemical Industries Ltd | Equity | ₹38.58 Cr | 0.77% |
| Aarti Industries Ltd | Equity | ₹37.44 Cr | 0.74% |
| Sula Vineyards Ltd | Equity | ₹37.32 Cr | 0.74% |
| Gateway Distriparks Ltd | Equity | ₹37.3 Cr | 0.74% |
| Lakshmi Machine Works Ltd | Equity | ₹36.66 Cr | 0.73% |
| KEI Industries Ltd | Equity | ₹35.79 Cr | 0.71% |
| Chalet Hotels Ltd | Equity | ₹34.15 Cr | 0.68% |
| Sobha Ltd | Equity | ₹31.44 Cr | 0.62% |
| Triveni Turbine Ltd | Equity | ₹29.73 Cr | 0.59% |
| JK Paper Ltd | Equity | ₹29.2 Cr | 0.58% |
| Safari Industries (India) Ltd | Equity | ₹29.14 Cr | 0.58% |
| Asahi India Glass Ltd | Equity | ₹26.09 Cr | 0.52% |
| Karnataka Bank Ltd | Equity | ₹23.77 Cr | 0.47% |
| eClerx Services Ltd | Equity | ₹23.59 Cr | 0.47% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹22.69 Cr | 0.45% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹19 Cr | 0.38% |
| Bandhan Bank Ltd | Equity | ₹17.01 Cr | 0.34% |
| Gujarat Industries Power Co Ltd | Equity | ₹3.01 Cr | 0.06% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹2.07 Cr | 0.04% |
| Grasim Industries Ltd Partly Paid Up Fv1 | Equity | ₹1.43 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
8.71%
Mid Cap Stocks
7.27%
Small Cap Stocks
75.35%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹1,354.03 Cr | 26.89% |
| Basic Materials | ₹690.21 Cr | 13.71% |
| Consumer Cyclical | ₹507 Cr | 10.07% |
| Financial Services | ₹493.15 Cr | 9.79% |
| Healthcare | ₹368.76 Cr | 7.32% |
| Utilities | ₹313.85 Cr | 6.23% |
| Consumer Defensive | ₹295.68 Cr | 5.87% |
| Technology | ₹239.8 Cr | 4.76% |
| Communication Services | ₹197.6 Cr | 3.92% |
| Real Estate | ₹152.51 Cr | 3.03% |
| Energy | ₹90.33 Cr | 1.79% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
14.74%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
1.30
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.64
Higher the better
Fund Managers
ML
Manish Lodha
Since December 2022
AK
Abhinav Khandelwal
Since December 2022
Additional Scheme Detailsas of 31st July 2024
ISIN | INF174V01BK7 | Expense Ratio | 0.27% | Exit Load | 1.00% | Fund Size | ₹5,035 Cr | Age | 14 Dec 2022 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 250 SmallCap Index 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 Small-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹33068.53 Cr | 36.9% |
| PGIM India Small Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹1533.12 Cr | 36.7% |
| PGIM India Small Cap Fund Regular Growth Very High Risk | 2.1% | 0.0% | ₹1533.12 Cr | 34.5% |
| HDFC Nifty Smallcap 250 ETF Very High Risk | 0.2% | - | ₹433.50 Cr | 51.6% |
| Sundaram Small Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3414.68 Cr | 39.6% |
| Bandhan Emerging Businesses Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹6640.27 Cr | 75.8% |
| Bandhan Emerging Businesses Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹6640.27 Cr | 73.3% |
| Quant Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹25534.99 Cr | 51.9% |
| Axis Small Cap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹23399.15 Cr | 37.4% |
| Axis Small Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹23399.15 Cr | 38.9% |
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 Small Cap Fund Direct Growth?
The NAV of Mahindra Manulife Small Cap Fund Direct Growth, as of 05-Sep-2024, is ₹21.98.
What is the portfolio composition of Mahindra Manulife Small Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 93.44% in equities, 0.00% in bonds, and 6.56% in cash and cash equivalents.
Who manages the Mahindra Manulife Small Cap Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Small Cap Fund Direct Growth are:-
- Manish Lodha
- Abhinav Khandelwal
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.
©2021-2022 Dezerv. All Rights Reserved
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.
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.