Can I invest in SIP and Lumpsum in Mahindra Manulife Mid Cap Fund (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mahindra Manulife Mid Cap Fund (IDCW). Minimum lumpsum investment Mahindra Manulife Mid Cap Fund (IDCW) is ₹1,000 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

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

The latest NAV (Net Asset Value) of Mahindra Manulife Mid Cap Fund (IDCW) is Mahindra Manulife Mid Cap Fund (IDCW) is ₹23.50 as on 2025-03-11.

Which are the biggest stock holdings of Mahindra Manulife Mid Cap Fund (IDCW)?

The 5 biggest stock holdings of Mahindra Manulife Mid Cap Fund (IDCW) are: Max Healthcare (3.19%), St Bk of India (2.87%), Indian Bank (2.33%), Voltas (2.20%), Federal Bank (2.17%)

What are the top sectors Mahindra Manulife Mid Cap Fund (IDCW) invests in?

A majority of Mahindra Manulife Mid Cap Fund (IDCW) 's AUM worth ₹3,067.16 (Cr) is invested in these 3 top sectors: Banks : 11.43% Auto Components : 10.76% Finance : 7.61%

Mutual Funds
Mahindra Manulife Mid Cap Fund (IDCW)

Mahindra Manulife Mid Cap Fund (IDCW)

Mid Cap Fund

Invest Now

NAV
23.50(0.48%)
Fund Size (CR)
₹3,326.35
Expense Ratio
1.88
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
15.98%

Absolute Return: -17.25%

Annualized Return: 0%

Basic Details

Scheme Manager

Krishna Sanghavi

Bench Mark

Nifty Midcap 150 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	3 March 2025	10216.27	2.16%	-	1.51%	17/119
1 Month	10 February 2025	9474.04	-5.26%	-	-6.58%	7/119
3 Month	10 December 2024	8256.24	-17.44%	-	-17.51%	53/119
6 Month	10 September 2024	8320.77	-16.79%	-	-16.82%	67/119
1 Year	7 March 2024	10298.35	2.98%	2.98%	4.32%	81/119
3 Year	10 March 2022	17568.65	75.69%	20.64%	18.71%	34/103
5 Year	9 March 2020	30029.82	200.30%	24.57%	23.71%	43/95
Since Inception	30 January 2018	28701.90	187.02%	15.98%	18.55%	94/119

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 April 2024	1,20,000	133014.18	10.85%	10.85%
3 Year	1 April 2022	3,60,000	539772.28	49.94%	14.46%
5 Year	1 April 2020	6,00,000	1109893.75	84.98%	13.09%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.85%

Standard Deviation

0.97%

Beta

0.76%

Sharpe Ratio

-0.01%

Treynor's Ratio

0.28%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Max Healthcare	3.19%	1000000	97.81	Equity	Healthcare
St Bk of India	2.87%	1280000	88.17	Equity	Banks
Indian Bank	2.33%	1400000	71.51	Equity	Banks
Voltas	2.20%	510000	67.33	Equity	Consumer Durables
Federal Bank	2.17%	3750000	66.61	Equity	Banks
ICICI Bank	2.16%	550000	66.23	Equity	Banks
HDFC Bank	2.15%	380000	65.83	Equity	Banks
Blue Star	2.15%	344496	66.06	Equity	Consumer Durables
Jindal Steel	2.05%	735000	62.93	Equity	Steel
Coforge	1.98%	82574	60.79	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Motilal Oswal Midcap Fund-Dir (G)	24488.00	-7.58%	-21.99%	-15.11%	15.25%	29.05%
Motilal Oswal Midcap Fund-Dir (IDCW)	24488.00	-7.58%	-21.99%	-15.11%	15.25%	29.05%
Invesco India Midcap Fund - Direct (G)	5645.33	-6.55%	-17.90%	-13.33%	13.39%	22.27%
Invesco India Midcap Fund - Direct (IDCW)	5645.33	-6.55%	-17.90%	-13.34%	13.38%	22.24%
Edelweiss Mid Cap Fund - Direct (IDCW)	8268.27	-6.98%	-18.50%	-14.42%	10.38%	22.89%

News

Mahindra Manulife Mutual Fund announces Change in Designation of Key Personnel
Mahindra Manulife Mutual Fund has announced note that, Mr. Ashwani Wadhwa and Mr. Nitesh Chhabra have been redesignated as 'Co- Head ' Distribution' and shall also act as Key Personnel of MMIMPL with effect from December 23, 2024.
Details of Mr. Ashwani Wadhwa
Designation: Co - Head - Distribution
Details of Mr. Nitesh Chhabra
Designation: Co - Head - Distribution
Powered by Capital Market - Live News

Mahindra Manulife MF announces change in Fund Manager of the following schemes

Mahindra Manulife Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 01 January 2025

Change in Fund Managers of the Scheme:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Business Cycle Fund	Mr. Krishna Sanghavi Mr. Renjith Sivaram Mr. Pranav Patel(#)	Mr. Krishna Sanghavi Mr. Renjith Sivaram
Mahindra Manulife Manufacturing Fund	Mr. Renjith Sivaram Mr. Manish Lodha Mr. Pranav Patel(#)	Mr. Renjith Sivaram Mr. Manish Lodha
Mahindra Manulife Asia Pacific REITs FOF	Mr. Pranav Patel(#) Mr. Amit Garg	Mr. Krishna Sanghavi Mr. Amit Garg
Mahindra Manulife Equity Savings Fund	Mr. Manish Lodha Mr. Renjith Sivaram Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Manish Lodha Mr. Renjith Sivaram Mr. Rahul Pal
Mahindra Manulife Multi Asset Allocation Fund	Mr. Renjith Sivaram Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Renjith Sivaram Mr. Rahul Pal
Mahindra Manulife Short Duration Fund	Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Rahul Pal

Powered by Capital Market - Live News

Mahindra Manulife MF announces change in Fund Manager of the following scheme
Mahindra Manulife Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 23 December 2024
Change in Fund Managers of the Scheme:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)

Mahindra Manulife Small Cap Fund Mr. Krishna Sanghavi
Mr. Manish Lodha Mr. Vishal Jajoo
Mr. Krishna Sanghavi
Mr. Manish Lodha

Powered by Capital Market - Live News

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Small Cap Fund	Mr. Krishna Sanghavi Mr. Manish Lodha	Mr. Vishal Jajoo Mr. Krishna Sanghavi Mr. Manish Lodha

Fund House Details & Investment Objective

Date of Incorporation

8 January 2018

Total AUM (Cr)

₹3067.16

Mahindra Manulife Mid Cap Fund (IDCW) is an Mid Cap Fund-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 8 January 2018, this fund is managed by Krishna Sanghavi. With assets under management (AUM) worth ₹3,067.16 (Cr), as of 11 March 2025, Mahindra Manulife Mid Cap Fund (IDCW) is categorized as a Mid Cap Fund within its segment. The fund has generated a return of 15.98% since its launch.
The current NAV of Mahindra Manulife Mid Cap Fund (IDCW) is ₹23.5, as on 11 March 2025. The fund's benchmark index is Nifty Midcap 150 TRI. You can invest in Mahindra Manulife Mid Cap Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% - If Units are redeemed/switched-out upto 3 months from the date of allotment. Nil - If Units are redeemed/switched-out after 3 months from the date of allotment. The fund has generated 20.64% and 24.57% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 93.58% in Equity, 4.94% in Debt and 1.48% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 11.43% in Banks, 10.76% in Auto Components, 7.61% in Finance, 6.78% in Pharmaceuticals & Biotech, 6.26% in IT-Software

FAQs

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

Mahindra Manulife Mid Cap Fund (IDCW) is a popular fund in the Mid Cap Fund segment. The fund has generated a return of 15.98% since inception. Looking to invest in Mahindra Manulife Mid Cap Fund (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Mid Cap Fund (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mahindra Manulife Mid Cap Fund (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mahindra Manulife Mid Cap Fund (IDCW) today and reap the benefits of this Mid Cap Fund fund!

How much returns has Mahindra Manulife Mid Cap Fund (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Mahindra Manulife Mid Cap Fund (IDCW) has generated annualised return of 2.98%. In the long-term, the fund has generated 20.64% and 24.57% in 3 and 5 years respectively. Since its inception, the fund has generated 15.98% returns.

What is the expense ratio of Mahindra Manulife Mid Cap Fund (IDCW) Direct Growth?

The expense ratio of Mahindra Manulife Mid Cap Fund (IDCW) Direct Growth is 1.88%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

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

The Assets Under Management (AUM) of Mahindra Manulife Mid Cap Fund (IDCW) is ₹3,067.16 (Cr) as of 2025-03-11 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mahindra Manulife Mid Cap Fund (IDCW) Direct Growth?

Redeeming or selling units of Mahindra Manulife Mid Cap Fund (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mahindra Manulife Mid Cap Fund (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mahindra Manulife Mid Cap Fund (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).