Mahindra Manulife Multi Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +3.4% annualized alpha (excess return) over its benchmark.
- 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 | +5.90% | +5.58% | +0.32% |
| 3 Months | +0.93% | +0.66% | +0.27% |
| 6 Months | +8.48% | +7.75% | +0.73% |
| 1 Year | +10.38% | +6.20% | +4.18% |
| 3 Years CAGR | +16.41% | +14.36% | +2.05% |
| 5 Years CAGR | +13.13% | +10.91% | +2.22% |
| 7 Years CAGR | +19.47% | +16.96% | +2.51% |
| Since Inception | +15.69% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Multi Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +10.66% | +7.13% | +3.53% |
| 2025 | +3.37% | +2.69% | +0.68% |
| 2024 | +23.44% | +23.44% | 0.00% |
| 2023 | +34.23% | +31.30% | +2.93% |
| 2022 | +1.64% | +1.64% | 0.00% |
| 2021 | +50.81% | +47.86% | +2.95% |
| 2020 | +16.63% | +18.82% | -2.19% |
| 2019 | +13.85% | +6.75% | +7.10% |
| 2018 | -9.89% | -10.92% | +1.03% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -25.15% | +17.79% | +9.17% | +95.73% | 79.6% | 72.5% |
| 3-Year Rolling | -3.02% | +19.92% | +20.54% | +36.23% | 99.0% | 100.0% |
| 5-Year Rolling | +10.98% | +20.02% | +20.47% | +32.10% | 100.0% | 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 | -34.5% | 1 months | 7 months |
| 2021-10-18 | 2022-06-20 | -21.2% | 8 months | 12 months |
| 2024-09-27 | 2025-03-03 | -20.6% | 5 months | 14 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Securities^ of which | 75% - 100%, (i) Large Cap Companies* : 25% - 50%, (ii) Mid Cap Companies** : 25% - 50%, (iii) Small Cap Companies*** : 25% - 50% Money Market Instruments / other liquid instruments: 0% - 25% Units of mutual funds$ (including Gold & Silver ETFs) : 0% - 20% Units issued by 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. @other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. $The Scheme may invest in units of Overnight Funds, Liquid Funds and Money Market Mutual Funds subject to compliance with Clause 3 of Sixth Schedule of the Regulations read with Clause 13.14.11 of SEBI Master Circular *Definition of Large Cap Companies: 1st – 100th entities in terms of full Market Capitalization. **Definition of Mid Cap Companies: 101st – 250th entities in terms of full Market Capitalization. ***Definition of Small Cap Companies: 251st entities onwards in terms of full Market Capitalization. For the purpose of these definition, the list of stocks/REIT prepared by AMFI in this regard will be adopted.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 provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. 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 7,968 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as stretched relative to Multi 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 Multi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Bank of India Multi Cap Fund | 6.0 | +16.75% | 2.44% | 95.0% | Rs 1,478 cr | Compare → |
| Kotak Multi Cap Fund | 7.0 | +16.08% | 1.79% | 108.0% | Rs 31,944 cr | Compare → |
| LIC MF Multi Cap Fund | 6.1 | +16.69% | 2.14% | 106.9% | Rs 2,344 cr | Compare → |
| HSBC Multi Cap Fund | 5.9 | +15.86% | 2.03% | 105.2% | Rs 6,760 cr | Compare → |
| WhiteOak Capital Multi Cap Fund | 7.6 | +16.99% | 2.21% | 91.2% | Rs 4,710 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Multi Cap Fund
What is the expense ratio of Mahindra Manulife Multi Cap Fund?
Mahindra Manulife Multi Cap Fund has a total expense ratio (TER) of 2.18% with a base expense ratio of 1.53%, compared to the Multi Cap category median of 2.21%.
Who manages Mahindra Manulife Multi Cap Fund?
Mahindra Manulife Multi Cap Fund is managed by Vishal Jajoo (tenure: 0.3 years since 2026-07-21).
What are the historical returns of Mahindra Manulife Multi Cap Fund?
Mahindra Manulife Multi Cap Fund delivered a 3-year CAGR of 16.41% and a 5-year CAGR of 13.13%. Its 1-year return stands at +10.38%.
How large is Mahindra Manulife Multi Cap Fund?
Mahindra Manulife Multi Cap Fund manages assets of Rs 7,968 cr, placing it in the 'stretched' size band relative to Multi Cap peers.
How is Mahindra Manulife Multi Cap Fund scored on MFIQ?
Mahindra Manulife Multi Cap Fund holds an MFIQ Score of 5.8/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Multi Cap Fund?
Mahindra Manulife Multi Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.80% with a maximum historical drawdown of -34.53%.