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MahindraManulife Banking & Financial Services Fund

Mahindra Manulife Mutual FundDirectOpen-endedSectoral/ ThematicRiskometer: Very High Risk

NAV

11.18

as of 21 Aug 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 ₹11.18 as of 21 Aug 2026. The expense ratio is 0.58% a year. Managed by Vishal Jajoo. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
0.58% / yr
as of 30 Jun 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 20 Aug 2026Benchmark: Nifty Financial Services TRI

Jul 2025Aug 2026
Growth of ₹100, MahindraManulife Banking & Financial Services Fund versus Sectoral/ Thematic average.

MahindraManulife Banking & Financial Services Fund

₹111

+11% on ₹100 over 1.1 yrs

Sectoral/ Thematic average

₹105

+5% on ₹100 over 1.1 yrs

Returns vs category

WindowFundCategory avgGap
3 months7.37%
6 months-0.12%
1 year12.10%

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.

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

-0.3% below peak

Jul 2025Deepest: -15.7%Aug 2026

Where the money actually is

Equity

96.2%

Cash

3.8%

Whole-portfolio split, as of 30 Jun 2026.

What it owns

32 positions · top 10 = 62.7%

Market-cap mix

Large 65.5%Mid 16.7%Small 13.9%Other 3.8%

as of 30 Jun 2026

Holdings by sector

  • Financial Services(10 in top 10)95.4%
    • ICICI Bank Ltd12.20%
    • HDFC Bank Ltd9.08%
    • Axis Bank Ltd8.72%
    • State Bank of India6.31%
    • Kotak Mahindra Bank Ltd5.76%
    • Shriram Finance Ltd5.15%
    • Bajaj Finance Ltd4.69%
    • Aditya Birla Capital Ltd3.86%
    • L&T Finance Ltd3.65%
    • Ujjivan Small Finance Bank Ltd Ordinary Shares3.24%
  • Technology0.8%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026.

The businesses it owns

P/E (trailing)
19.6
P/B
2.5
Dividend yield
0.7%
Net margin
27.5%
Earnings growth
13.0%
Avg market cap
₹2.17 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?
₹11.18 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of MahindraManulife Banking & Financial Services Fund?
0.58% a year for the Direct plan, as of 30 Jun 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 year.

Where this fund sits

Other Sectoral/ Thematic 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 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.