Skip to main content

Mahindra Manulife Multi Cap Fund

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

NAV

46.99

as of 21 Aug 2026

Mahindra Manulife Multi Cap Fund is an open-ended Multi Cap Fund scheme from Mahindra Manulife Mutual Fund managing ₹7,184 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹46.99 as of 21 Aug 2026. The expense ratio is 0.41% a year. Managed by Fatema Pacha. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
0.41% / yr
as of 30 Jun 2026
Fund size
₹7,184 crore
as of 31 Jul 2026
Exit load
1%
SIP available
Yes
Launched
11 May 2017
ISIN
INF174V01341

₹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 500 Multicap 50:25:25

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

Mahindra Manulife Multi Cap Fund

₹231

+131% on ₹100 over 5.0 yrs

Multi Cap Fund average

₹204

+104% on ₹100 over 5.0 yrs

Returns vs category

WindowFundCategory avgGap
3 months9.47%7.32%+2.15
6 months11.23%8.97%+2.26
1 year13.70%10.00%+3.70
3 years (CAGR)19.23%16.96%+2.27
5 years (CAGR)16.77%15.55%+1.22

Category average across 19 funds, as of 20 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)
0.74
Sharpe ratio (5Y)
0.73
Sortino ratio (3Y)
1.17 vs category 0.87
Standard deviation (3Y)
16.43%
Beta (3Y)
0.97
Alpha (3Y)
3.93%
Deepest fall (5Y)
-19.21%

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

-19.2%

Right now

At a peak

Jul 2023Deepest: -19.1%Aug 2026

Ahead of its benchmark in 58% of months (window: 3y, monthly) — benchmark: NIFTY 500 Multicap 50:25:25, name shown only.

Where the money actually is

Equity

98.2%

Cash

1.8%

Whole-portfolio split, as of 30 Jun 2026.

What it owns

82 positions · top 10 = 27.7%

Market-cap mix

Large 43.4%Mid 26.4%Small 28.5%Other 1.8%

as of 30 Jun 2026

Holdings by sector

  • Financial Services(4 in top 10)26.6%
    • ICICI Bank Ltd3.65%
    • Nippon Life India Asset Management Ltd Ordinary Shares2.64%
    • BSE Ltd2.23%
    • Aditya Birla Capital Ltd2.22%
  • Industrials(2 in top 10)16.7%
    • Larsen & Toubro Ltd3.15%
    • InterGlobe Aviation Ltd2.34%
  • Healthcare(2 in top 10)13.1%
    • Neuland Laboratories Ltd3.25%
    • Divi's Laboratories Ltd2.71%
  • Basic Materials(1 in top 10)12.7%
    • APL Apollo Tubes Ltd2.38%
  • Consumer Cyclical9.4%
  • Technology5.4%
  • Consumer Defensive5.4%
  • Energy(1 in top 10)4.8%
    • Adani Enterprises Ltd3.13%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 124.4% vs category 56.3% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The businesses it owns

P/E (trailing)
26.4 vs category 26.4
P/B
3.9 vs category 3.9
Dividend yield
0.9% vs category 0.9%
Net margin
15.9% vs category 15.9%
Earnings growth
11.6%
Avg market cap
₹86,854 crore

Money in, money out

Net flow, 12 months
+892 cr
Net flow, 3 months
+309 cr

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

Quick answers

What is the NAV of Mahindra Manulife Multi Cap Fund?
₹46.99 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 Multi Cap Fund?
0.41% a year for the Direct plan, as of 30 Jun 2026.
How large is Mahindra Manulife Multi Cap Fund?
₹7,184 crore under management as of 31 Jul 2026, in the Multi Cap Fund category.
How risky is Mahindra Manulife Multi Cap Fund?
Its SEBI Riskometer reading is "Very High Risk". Go-anywhere equity across company sizes. India's biggest active shelf.
What are the 5-year returns of Mahindra Manulife Multi Cap Fund?
16.77% a year over the last 5 years (Direct plan, CAGR), against a Multi Cap Fund average of 15.55%. Past returns do not predict future returns.
What is the worst 3-year return of Mahindra Manulife Multi Cap Fund?
16.6% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Mar 2022. The median was 21.3% 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 Multi Cap Fund?
Fatema Pacha, managing this fund for 5.8 years.

Where this fund sits

Other Multi 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 500 Multicap 50:25:25) 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.