Skip to main content

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mutual FundDirectOpen-endedMid Cap FundRiskometer: Very High Risk

NAV

42.8

as of 21 Aug 2026

Mahindra Manulife Mid Cap Fund is an open-ended Mid Cap Fund scheme from Mahindra Manulife Mutual Fund managing ₹5,186 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹42.8 as of 21 Aug 2026. The expense ratio is 0.43% a year. Managed by Krishna Sanghavi. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
0.43% / yr
as of 30 Jun 2026
Fund size
₹5,186 crore
as of 31 Jul 2026
Exit load
1%
SIP available
Yes
Launched
23 Jan 2018
ISIN
INF174V01507

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026Benchmark: NIFTY Midcap 150 Index

Aug 2021Aug 2026
Growth of ₹100, Mahindra Manulife Mid Cap Fund versus Mid Cap Fund average.

Mahindra Manulife Mid Cap Fund

₹257

+157% on ₹100 over 5.0 yrs

Mid Cap Fund average

₹229

+129% on ₹100 over 5.0 yrs

Returns vs category

WindowFundCategory avgGap
3 months5.15%7.27%-2.12
6 months10.29%10.05%+0.24
1 year14.46%9.87%+4.59
3 years (CAGR)22.00%19.78%+2.22
5 years (CAGR)19.25%17.77%+1.48

Category average across 29 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y)
0.85
Sharpe ratio (5Y)
0.80
Sortino ratio (3Y)
1.37 vs category 1.05
Standard deviation (3Y)
17.30%
Beta (3Y)
0.94
Alpha (3Y)
2.97%
Deepest fall (5Y)
-20.45%

Distance below its own peak

Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.

Deepest fall

-20.4%

Right now

-0.3% below peak

Jul 2023Deepest: -20.4%Aug 2026

Ahead of its benchmark in 67% of months (window: 3y, monthly) — benchmark: NIFTY Midcap 150 Index, name shown only.

Where the money actually is

Equity

98.1%

Cash

1.9%

Whole-portfolio split, as of 30 Jun 2026.

What it owns

61 positions · top 10 = 26.0%

Market-cap mix

Large 9.0%Mid 75.5%Small 13.6%Other 1.9%

as of 30 Jun 2026

Holdings by sector

  • Financial Services(6 in top 10)30.8%
    • The Federal Bank Ltd3.32%
    • IndusInd Bank Ltd2.89%
    • Nippon Life India Asset Management Ltd Ordinary Shares2.67%
    • L&T Finance Ltd2.61%
    • Bank of Maharashtra2.37%
    • PB Fintech Ltd2.33%
  • Industrials(2 in top 10)26.2%
    • AIA Engineering Ltd2.59%
    • KEI Industries Ltd2.58%
  • Healthcare9.9%
  • Consumer Cyclical8.1%
  • Basic Materials7.5%
  • Consumer Defensive5.1%
  • Technology(1 in top 10)4.6%
    • Coforge Ltd2.21%
  • Communication Services2.6%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 62.0% vs category 54.0% a year.

Other top holdings

  • JSW Energy Ltd2.42%

The businesses it owns

P/E (trailing)
31.3 vs category 32.0
P/B
3.8 vs category 4.5
Dividend yield
0.8% vs category 0.7%
Net margin
16.4% vs category 16.4%
Earnings growth
12.3%
Avg market cap
₹58,519 crore

Money in, money out

Net flow, 12 months
+740 cr
Net flow, 3 months
+252 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Mahindra Manulife Mid Cap Fund?
₹42.8 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Mahindra Manulife Mid Cap Fund?
0.43% a year for the Direct plan, as of 30 Jun 2026.
How large is Mahindra Manulife Mid Cap Fund?
₹5,186 crore under management as of 31 Jul 2026, in the Mid Cap Fund category.
How risky is Mahindra Manulife Mid Cap Fund?
Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
What are the 5-year returns of Mahindra Manulife Mid Cap Fund?
19.25% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 17.77%. Past returns do not predict future returns.
What is the worst 3-year return of Mahindra Manulife Mid Cap Fund?
21.4% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Apr 2022. The median was 25.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Mahindra Manulife Mid Cap Fund?
Krishna Sanghavi, managing this fund for 1.8 years.

Where this fund sits

Other Mid Cap Fund funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.