Mahindra Manulife Equity Savings Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 99% of 3-year investment horizons.
- 5-Year CAGR of 6.71% demonstrates steady long-term compounding.
- Expense ratio (2.82%) is higher than category median (2.19%), which creates fee drag over time.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.21% | +2.96% | +0.25% |
| 3 Months | +1.26% | +1.17% | +0.09% |
| 6 Months | +4.29% | +3.88% | +0.41% |
| 1 Year | +4.27% | +4.14% | +0.13% |
| 3 Years CAGR | +8.21% | +8.21% | 0.00% |
| 5 Years CAGR | +6.71% | +7.26% | -0.55% |
| 7 Years CAGR | +9.50% | +8.53% | +0.97% |
| Since Inception | +8.34% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Equity Savings Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +3.67% | +3.40% | +0.27% |
| 2025 | +7.12% | +6.70% | +0.42% |
| 2024 | +8.31% | +11.07% | -2.76% |
| 2023 | +14.64% | +14.27% | +0.37% |
| 2022 | +2.28% | +2.49% | -0.21% |
| 2021 | +16.33% | +12.79% | +3.54% |
| 2020 | +13.31% | +11.09% | +2.22% |
| 2019 | +8.98% | +7.85% | +1.13% |
| 2018 | -3.52% | +1.32% | -4.84% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -13.75% | +8.44% | +6.56% | +46.19% | 88.6% | - |
| 3-Year Rolling | -2.25% | +9.45% | +9.95% | +17.87% | 98.9% | - |
| 5-Year Rolling | +5.85% | +9.64% | +9.32% | +15.55% | 100.0% | - |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-20 | 2020-03-23 | -20.6% | 1 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Securities of which | 65% - 85% (i) Equity and Equity Related Instruments (unhedged / Net Long Equity Exposure)*^: 15% - 40% (ii) Equity and Equity Related Instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged) *: 25% - 70% Debt and Money Market Securities: 15% - 35% Units issued by REITs & InvITs: 0% - 10% Exchange Traded Commodity Derivatives (ETCDs)@, Gold ETFs, Silver ETFs and mutual fund units: 0% - 20% In the absence of suitable arbitrage opportunities, the investment manager may choose to have a lower equity exposure. In such defensive circumstances the asset allocation will be as per the below table: Equity and Equity related Securities of which: 45% - 70% (i) Equity and Equity Related Instruments (unhedged / Net Long Equity Exposure)*^: 30% - 65% (ii) Equity and Equity Related Instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged) *: 5% - 15% Debt and Money Market Securities^: 30% - 55% Units issued by REITs & InvITs: 0% - 10% ETCDs@, Gold ETFs, Silver ETFs and mutual fund units : 0% - 20% *Equity allocation is measured as the Gross exposure to equities, equity related instruments and derivatives. The Scheme will enter into derivatives transactions for hedging and/or portfolio balancing. The derivative positions will be hedged against corresponding positions in either equity or derivative markets depending on the strategies involved and execution costs. On the total portfolio level, the Scheme does not intend to take a net short exposure to equity markets. Unhedged positions in the portfolio (investments in equity shares without corresponding exposure to equity derivative) shall not exceed 40% of the net assets, under normal circumstances and 65% of the net assets, under defensive circumstances. ^ The Scheme may take exposure in equity derivative instruments (as part of the Unhedged Equity component) to the extent of 40% of the Unhedged Equity component. Further, the Scheme may use derivatives for such purposes as maybe permitted by the Regulations, including for the purpose of hedging and portfolio balancing, based on the opportunities available and subject to guidelines issued by SEBI from time to time. |
Investment Objective & Strategy
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 530 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Equity Savings schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Equity Savings Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Equity Savings Fund | 4.9 | +8.68% | 2.83% | - | Rs 278 cr | Compare → |
| UTI Equity Savings Fund | 5.5 | +7.91% | 2.06% | - | Rs 821 cr | Compare → |
| Axis Equity Savings Fund | 4.6 | +8.83% | 2.68% | - | Rs 872 cr | Compare → |
| SBI Equity Savings Fund | 4.0 | +7.60% | 2.00% | - | Rs 5,386 cr | Compare → |
| Kotak Equity Savings Fund | 6.3 | +9.02% | 2.12% | - | Rs 10,417 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Equity Savings Fund
What is the expense ratio of Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund has a total expense ratio (TER) of 2.82% with a base expense ratio of 2.08%, compared to the Equity Savings category median of 2.19%.
Who manages Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund is managed by Renjith Sivaram (tenure: 3.4 years since 2023-07-01).
What are the historical returns of Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund delivered a 3-year CAGR of 8.21% and a 5-year CAGR of 6.71%. Its 1-year return stands at +4.27%.
How large is Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund manages assets of Rs 530 cr, placing it in the 'comfortable' size band relative to Equity Savings peers.
How is Mahindra Manulife Equity Savings Fund scored on MFIQ?
Mahindra Manulife Equity Savings Fund holds an MFIQ Score of 2.8/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 5.24% with a maximum historical drawdown of -20.57%.