MahindraManulife Banking & Financial Services Fund
NAV
₹10.44
as of 6 Oct 2026
MahindraManulife Banking & Financial Services Fund is an open-ended Sectoral/ Thematic scheme from Mahindra Manulife Mutual Fund managing ₹460 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹10.44 as of 6 Oct 2026. The expense ratio is 1.2% a year. Managed by Vishal Jajoo. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.2% / yr
- as of 31 Aug 2026
- Fund size
- ₹460 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- No
- Launched
- 18 Jul 2025
- ISIN
- INF174V01CO7
₹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 5 Oct 2026Benchmark: Nifty Financial Services TRI
MahindraManulife Banking & Financial Services Fund
₹103
+3% on ₹100 over 1.2 yrs
Sectoral/ Thematic average
₹99
−1% on ₹100 over 1.2 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -6.65% | – | – |
| 6 months | -0.68% | – | – |
| 1 year | 1.94% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 3.0%
- Median
- 11.5%
- Best
- 14.3%
4 windows over the last 15 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
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.
Right now
-8.3% below peak
Where the money actually is
Equity
96.8%
Cash
3.2%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
35 positions · top 10 = 59.1%
Market-cap mix
Large 59.9%Mid 21.9%Small 13.9%Other 4.4%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)95.3%
- ICICI Bank Ltd12.47%
- HDFC Bank Ltd8.33%
- Axis Bank Ltd7.27%
- State Bank of India5.58%
- Bajaj Finance Ltd5.22%
- Shriram Finance Ltd5.06%
- Multi Commodity Exchange of India Ltd4.34%
- Aditya Birla Capital Ltd3.89%
- Ujjivan Small Finance Bank Ltd Ordinary Shares3.85%
- SBI Life Insurance Co Ltd3.06%
- Technology1.5%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 68.0% a year.
The businesses it owns
- P/E (trailing)
- 19.8
- P/B
- 2.5
- Dividend yield
- 0.9%
- Net margin
- 29.3%
- Earnings growth
- 12.0%
- Avg market cap
- ₹1.96 lakh crore
Money in, money out
- Net flow, 12 months
- +₹143 cr
- Net flow, 3 months
- +₹14 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of MahindraManulife Banking & Financial Services Fund?
- ₹10.44 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of MahindraManulife Banking & Financial Services Fund?
- 1.2% a year for the Direct plan, as of 31 Aug 2026.
- How large is MahindraManulife Banking & Financial Services Fund?
- ₹460 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is MahindraManulife Banking & Financial Services Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages MahindraManulife Banking & Financial Services Fund?
- Vishal Jajoo, managing this fund for 1.1 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- Mahindra Manulife Business Cycle Fund₹1,357 crore
- Mahindra Manulife Manufacturing Fund₹673 crore
- Bank of India Business Cycle Fund₹463 crore
- LIC MF Consumption Fund₹461 crore
- Baroda BNP Paribas Banking and Financial Services Fund₹460 crore
- quant PSU Fund₹450 crore
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 Financial Services TRI) 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.