Mahindra Manulife Mid Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 63% of historical 3-year rolling periods.
- 5-Year CAGR of 14.19% demonstrates steady long-term compounding.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.77% | +4.07% | -0.30% |
| 3 Months | -6.18% | -1.98% | -4.20% |
| 6 Months | -1.05% | +3.41% | -4.46% |
| 1 Year | +3.38% | +3.63% | -0.25% |
| 3 Years CAGR | +14.83% | +15.02% | -0.19% |
| 5 Years CAGR | +14.19% | +12.65% | +1.54% |
| 7 Years CAGR | +20.11% | +19.98% | +0.13% |
| Since Inception | +16.24% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Mid Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +3.32% | +5.43% | -2.11% |
| 2025 | +1.23% | +1.71% | -0.48% |
| 2024 | +29.27% | +29.27% | 0.00% |
| 2023 | +47.01% | +37.88% | +9.13% |
| 2022 | +0.23% | +2.02% | -1.79% |
| 2021 | +49.77% | +48.43% | +1.34% |
| 2020 | +18.75% | +24.33% | -5.58% |
| 2019 | +5.36% | +5.15% | +0.21% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -23.23% | +20.68% | +10.69% | +89.99% | 78.8% | 44.1% |
| 3-Year Rolling | +9.24% | +23.67% | +23.65% | +34.83% | 100.0% | 63.4% |
| 5-Year Rolling | +11.84% | +22.89% | +23.47% | +34.00% | 100.0% | 39.3% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-07 | 2020-03-23 | -33.2% | 1 months | 8 months |
| 2021-10-18 | 2022-06-20 | -21.7% | 8 months | 11 months |
| 2024-09-24 | 2025-02-28 | -21.4% | 5 months | 14 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Securities of Mid Cap Companies^* | 65%- 100%, Equity and Equity related Securities of Non Mid Cap Companies^: 0%- 35% Units of mutual funds$ (Including Gold & Silver ETFs): 0% - 35% Units of mutual funds$ (Including Gold & Silver ETFs): 0% - 20% Units issued by REITs & InvITs: 0% - 10% ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Mid Cap Companies: 101st – 250th entities in terms of full Market Capitalization. For the purpose of this definition, the list of stocks / REIT prepared by AMFI in this regard will be adopted. The list of stocks / REIT to determine Mid Cap companies will be decided on a half yearly basis post release of the updated list of stocks / REIT by AMFI every six months which is based on the average full market capitalization data of the previous six months of the stocks / REIT as on the end of June and December of each year. In case of deviation, the portfolio of the Scheme would be rebalanced to bring it in line with the updated list within one month from the date of release of the updated list of stocks / REIT by AMFI. Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com |
Investment Objective & Strategy
The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 5,256 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Mid Cap 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 Mid Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Union Midcap Fund | 4.6 | +15.14% | 2.35% | 91.4% | Rs 1,996 cr | Compare → |
| Mirae Asset Midcap Fund | 4.0 | +14.21% | 2.01% | 101.6% | Rs 20,093 cr | Compare → |
| BARODA BNP PARIBAS Mid Cap Fund | 5.1 | +14.56% | 2.20% | 78.2% | Rs 2,617 cr | Compare → |
| LIC MF Mid Cap Fund | 2.9 | +13.62% | 3.07% | 105.1% | Rs 381 cr | Compare → |
| Kotak Mid Cap Fund | 5.0 | +14.87% | 1.49% | 93.4% | Rs 68,260 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Mid Cap Fund
What is the expense ratio of Mahindra Manulife Mid Cap Fund?
Mahindra Manulife Mid Cap Fund has a total expense ratio (TER) of 2.05% with a base expense ratio of 1.6%, compared to the Mid Cap category median of 2.11%.
Who manages Mahindra Manulife Mid Cap Fund?
Mahindra Manulife Mid Cap Fund is managed by Krishna Sanghavi.
What are the historical returns of Mahindra Manulife Mid Cap Fund?
Mahindra Manulife Mid Cap Fund delivered a 3-year CAGR of 14.83% and a 5-year CAGR of 14.19%. Its 1-year return stands at +3.38%.
How large is Mahindra Manulife Mid Cap Fund?
Mahindra Manulife Mid Cap Fund manages assets of Rs 5,256 cr, placing it in the 'comfortable' size band relative to Mid Cap peers.
How is Mahindra Manulife Mid Cap Fund scored on MFIQ?
Mahindra Manulife Mid Cap Fund holds an MFIQ Score of 5.0/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Mid Cap Fund?
Mahindra Manulife Mid Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 17.06% with a maximum historical drawdown of -33.21%.