How to Invest in Mahindra Manulife Mid Cap Fund Direct Growth?

You can easily invest in Mahindra Manulife Mid Cap Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Mid Cap Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Mid Cap Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Mid Cap Fund Direct Growth provide?

The Mahindra Manulife Mid Cap Fund Direct Growth has been there from 30 Jan 2018 and the average annual returns provided by this fund is 36.18% since its inception.

How much expense ratio is charged by Mahindra Manulife Mid Cap Fund Direct Growth?

The term Expense Ratio used for Mahindra Manulife Mid Cap Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Mid Cap Fund Direct Growth is 0.54% as of 04 Dec 2023...

What is the AUM of Mahindra Manulife Mid Cap Fund Direct Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Mid Cap Fund Direct Growth is ₹1,553.59Cr as of 04 Dec 2023.

How to Redeem Mahindra Manulife Mid Cap Fund Direct Growth?

If you want to sell your Mahindra Manulife Mid Cap Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Mid Cap Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mahindra Manulife Mid Cap Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Mid Cap Fund Direct Growth?

The NAV of Mahindra Manulife Mid Cap Fund Direct Growth is ₹26.91 as of 01 Dec 2023.

What is the PE and PB ratio of Mahindra Manulife Mid Cap Fund Direct Growth?

The PE ratio ratio of Mahindra Manulife Mid Cap Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mahindra Manulife Mid Cap Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Mahindra Manulife Mid Cap Fund Direct Growth
Equity
Mid Cap
Very High Risk
38%
3Y annualised
+1.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹26.91
Min. SIP amount₹500
Rating3
Fund size₹1,553.59Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns36.2%32.4%23.7%19.9%
Category average29.2%26.7%20.1%NA
Rank with in category346NA
Understand terms
Holdings (70)NameSectorInstrumentAssets
REC Ltd.
FinancialEquity3.0%
Punjab National Bank
FinancialEquity2.9%
The Federal Bank Ltd.
FinancialEquity2.7%
Coal India Ltd.
EnergyEquity2.7%
Indus Towers Ltd.
CommunicationEquity2.5%
Piramal Enterprises Ltd.
HealthcareEquity2.3%
Max Healthcare Institute Ltd.
HealthcareEquity2.2%
Persistent Systems Ltd.
TechnologyEquity2.1%
ZF Commercial Vehicle Control Systems India Ltd.
AutomobileEquity2.0%
Vedant Fashions Ltd.
ServicesEquity2.0%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
Nov 2023 - Present
54%
Nov 2023 - 24 Nov 2023
54%
Nov 2023 - 23 Nov 2023
54%
Nov 2023 - 22 Nov 2023
54%
Nov 2023 - 21 Nov 2023
55%
Nov 2023 - 20 Nov 2023
55%
Nov 2023 - 19 Nov 2023
55%
Nov 2023 - 18 Nov 2023
55%
Nov 2023 - 17 Nov 2023
55%
Nov 2023 - 16 Nov 2023
55%
Nov 2023 - 15 Nov 2023
55%
Nov 2023 - 14 Nov 2023
55%
Nov 2023 - 13 Nov 2023
55%
Nov 2023 - 12 Nov 2023
55%
Nov 2023 - 11 Nov 2023
55%
Nov 2023 - 10 Nov 2023
55%
Nov 2023 - 09 Nov 2023
55%
Nov 2023 - 08 Nov 2023
55%
Nov 2023 - 07 Nov 2023
55%
Nov 2023 - 06 Nov 2023
56%
Nov 2023 - 05 Nov 2023
56%
Nov 2023 - 04 Nov 2023
56%
Nov 2023 - 03 Nov 2023
56%
Nov 2023 - 02 Nov 2023
56%
Oct 2023 - 01 Nov 2023
56%
Oct 2023 - 31 Oct 2023
56%
Oct 2023 - 30 Oct 2023
56%
Oct 2023 - 29 Oct 2023
56%
Oct 2023 - 28 Oct 2023
56%
Oct 2023 - 27 Oct 2023
56%
Oct 2023 - 26 Oct 2023
56%
Oct 2023 - 25 Oct 2023
56%
Oct 2023 - 24 Oct 2023
56%
Oct 2023 - 23 Oct 2023
56%
Oct 2023 - 22 Oct 2023
56%
Oct 2023 - 21 Oct 2023
56%
Oct 2023 - 20 Oct 2023
56%
Oct 2023 - 19 Oct 2023
56%
Oct 2023 - 18 Oct 2023
56%
Oct 2023 - 17 Oct 2023
56%
Oct 2023 - 16 Oct 2023
56%
Oct 2023 - 15 Oct 2023
56%
Oct 2023 - 14 Oct 2023
56%
Oct 2023 - 13 Oct 2023
56%
Oct 2023 - 12 Oct 2023
56%
Oct 2023 - 11 Oct 2023
56%
Oct 2023 - 10 Oct 2023
56%
Oct 2023 - 09 Oct 2023
56%
Oct 2023 - 08 Oct 2023
56%
Oct 2023 - 07 Oct 2023
56%
Oct 2023 - 06 Oct 2023
56%
Oct 2023 - 05 Oct 2023
56%
Oct 2023 - 04 Oct 2023
56%
Oct 2023 - 03 Oct 2023
56%
Oct 2023 - 02 Oct 2023
56%
Sep 2023 - 01 Oct 2023
56%
Sep 2023 - 30 Sep 2023
56%
Sep 2023 - 29 Sep 2023
56%
Sep 2023 - 28 Sep 2023
56%
Sep 2023 - 27 Sep 2023
56%
Sep 2023 - 26 Sep 2023
56%
Sep 2023 - 25 Sep 2023
56%
Sep 2023 - 24 Sep 2023
56%
Sep 2023 - 23 Sep 2023
56%
Sep 2023 - 22 Sep 2023
56%
Sep 2023 - 21 Sep 2023
56%
Sep 2023 - 20 Sep 2023
56%
Sep 2023 - 19 Sep 2023
56%
Sep 2023 - 18 Sep 2023
56%
Sep 2023 - 17 Sep 2023
56%
Sep 2023 - 16 Sep 2023
56%
Sep 2023 - 15 Sep 2023
56%
Sep 2023 - 14 Sep 2023
56%
Sep 2023 - 13 Sep 2023
55%
Sep 2023 - 12 Sep 2023
55%
Sep 2023 - 11 Sep 2023
55%
Sep 2023 - 10 Sep 2023
55%
Sep 2023 - 09 Sep 2023
55%
Sep 2023 - 08 Sep 2023
55%
Sep 2023 - 07 Sep 2023
55%
Sep 2023 - 06 Sep 2023
55%
Sep 2023 - 05 Sep 2023
56%
Sep 2023 - 04 Sep 2023
56%
Sep 2023 - 03 Sep 2023
56%
Sep 2023 - 02 Sep 2023
56%
Aug 2023 - 01 Sep 2023
56%
Jul 2023 - 31 Aug 2023
59%
Jun 2023 - 31 Jul 2023
60%
May 2023 - 30 Jun 2023
62%
Apr 2023 - 31 May 2023
63%
Mar 2023 - 30 Apr 2023
65%
Feb 2023 - 31 Mar 2023
66%
Jan 2023 - 28 Feb 2023
63%
Dec 2022 - 31 Jan 2023
62%
Dec 2022 - 31 Dec 2022
62%
Dec 2022 - 31 Dec 2022
62%
Nov 2022 - 31 Dec 2022
62%
Nov 2022 - 30 Nov 2022
62%
Nov 2022 - 30 Nov 2022
62%
Oct 2022 - 30 Nov 2022
61%
Oct 2022 - 31 Oct 2022
61%
Oct 2022 - 31 Oct 2022
61%
Oct 2022 - 31 Oct 2022
61%
Sep 2022 - 31 Oct 2022
61%
Sep 2022 - 30 Sep 2022
61%
Sep 2022 - 30 Sep 2022
61%
Aug 2022 - 30 Sep 2022
62%
Aug 2022 - 31 Aug 2022
62%
Jul 2022 - 31 Aug 2022
64%
Jul 2022 - 31 Jul 2022
64%
Jun 2022 - 31 Jul 2022
65%
Jun 2022 - 30 Jun 2022
65%
May 2022 - 30 Jun 2022
65%
May 2022 - 31 May 2022
65%
Apr 2022 - 31 May 2022
65%
Apr 2022 - 30 Apr 2022
65%
Mar 2022 - 30 Apr 2022
68%
Mar 2022 - 31 Mar 2022
68%
Feb 2022 - 31 Mar 2022
68%
Feb 2022 - 28 Feb 2022
68%
Jan 2022 - 28 Feb 2022
68%
Dec 2021 - 31 Jan 2022
58%
Nov 2021 - 31 Dec 2021
62%
Oct 2021 - 30 Nov 2021
67%
Sep 2021 - 31 Oct 2021
71%
Aug 2021 - 30 Sep 2021
73%
Jul 2021 - 31 Aug 2021
72%
Jun 2021 - 31 Jul 2021
76%
May 2021 - 30 Jun 2021
79%
Apr 2021 - 31 May 2021
84%
Mar 2021 - 30 Apr 2021
84%
Feb 2021 - 31 Mar 2021
85%
Jan 2021 - 28 Feb 2021
88%
Dec 2020 - 31 Jan 2021
89%
Nov 2020 - 31 Dec 2020
89%
Oct 2020 - 30 Nov 2020
89%
Sep 2020 - 31 Oct 2020
89%
Aug 2020 - 30 Sep 2020
83%
Jul 2020 - 31 Aug 2020
86%
Jun 2020 - 31 Jul 2020
86%
May 2020 - 30 Jun 2020
86%
Apr 2020 - 31 May 2020
86%
Mar 2020 - 30 Apr 2020
86%
Feb 2020 - 31 Mar 2020
86%
Jan 2020 - 29 Feb 2020
92%
Dec 2019 - 31 Jan 2020
92%
Nov 2019 - 31 Dec 2019
92%
Oct 2019 - 30 Nov 2019
92%
Sep 2019 - 31 Oct 2019
92%
Aug 2019 - 30 Sep 2019
92%
Jul 2019 - 31 Aug 2019
92%
Jun 2019 - 31 Jul 2019
92%
May 2019 - 30 Jun 2019
92%
Apr 2019 - 31 May 2019
92%
Mar 2019 - 30 Apr 2019
97%
Feb 2019 - 31 Mar 2019
97%
Jan 2019 - 28 Feb 2019
78%
Dec 2018 - 31 Jan 2019
76%
Nov 2018 - 31 Dec 2018
55%
Oct 2018 - 30 Nov 2018
59%
Sep 2018 - 31 Oct 2018
62%
Aug 2018 - 30 Sep 2018
63%
Jul 2018 - 31 Aug 2018
66%
Jun 2018 - 31 Jul 2018
67%
May 2018 - 30 Jun 2018
72%
Apr 2018 - 31 May 2018
72%
Mar 2018 - 30 Apr 2018
72%
Feb 2018 - 31 Mar 2018
72%
Jan 2018 - 28 Feb 2018
72%
Expense ratio, exit load and taxExpense ratio: 0.54%Inclusive of GST
Exit loadExit load of 1% if redeemed within 3 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAbhinav Khandelwal
Feb 2022 - Present
View details
Education
Mr. Khandelwal is Chartered Accountant
Experience
Prior to joining Canara Robeco Mutual Fund he has worked with Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
Also manages these schemes
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Small Cap Fund Direct Growth
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Flexi Cap Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Small Cap Fund Direct Growth
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
 Mahindra Manulife Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. V Balasubramanian is the Current Fund Manager of Mahindra Manulife Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 01 Dec 2023 is ₹26.91.
The Mahindra Manulife Mid Cap Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1% if redeemed within 3 months.
;
Investment ObjectiveThe scheme seeks 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.
;
Fund benchmarkNIFTY Midcap 150 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
Feb 2016
E-mail
[email protected]
Website
www.mahindramutualfund.com
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Mahindra Manulife Mid Cap Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	36.2%	32.4%	23.7%	19.9%
Category average	29.2%	26.7%	20.1%	NA
Rank with in category	3	4	6	NA

Name	Sector	Instrument	Assets
REC Ltd.	Financial	Equity	3.0%
Punjab National Bank	Financial	Equity	2.9%
The Federal Bank Ltd.	Financial	Equity	2.7%
Coal India Ltd.	Energy	Equity	2.7%
Indus Towers Ltd.	Communication	Equity	2.5%
Piramal Enterprises Ltd.	Healthcare	Equity	2.3%
Max Healthcare Institute Ltd.	Healthcare	Equity	2.2%
Persistent Systems Ltd.	Technology	Equity	2.1%
ZF Commercial Vehicle Control Systems India Ltd.	Automobile	Equity	2.0%
Vedant Fashions Ltd.	Services	Equity	2.0%

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr

Date of Incorporation	04 Feb 2016

Fund benchmark	NIFTY Midcap 150 Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹1,553.59Cr

Mahindra Manulife Mid Cap Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (70)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.54%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Abhinav KhandelwalFeb 2022 - PresentView details

Manish LodhaDec 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Abhinav Khandelwal
Feb 2022 - Present
View details

Manish Lodha
Dec 2020 - Present
View details