Mahindra Mutual Fund is a joint venture of Mahindra & Mahindra Financial Services and Manulife Investment Management. With its thrust on innovation and customer-centric solutions, Mahindra Mutual Fund provides a diversified suite of investment solutions across asset classes such as equity, debt & others to help individuals and businesses accumulate wealth and achieve long-term financial objectives.
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Funds handpicked based on 5-star rating, consistent returns and low risk. Learn more
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Equity
Fixed Income
Hybrid
Commodity
Rating
AUM
Fund house1
Fund Plan1
Risk
Minimum SIP Amount
Fund Lockin Period
Net Expense Ratio
Return
23 funds
3Y CAGR
Expense ratio
Return vs category
Risk vs category
Mahindra Manulife Mid Cap Fund
Equity • Mid Cap • Direct Growth3Y CAGR
26.53%
Expense ratio
0.45%
Returns vs category
Risk vs category
Mahindra Manulife Multi Cap Fund
Equity • Multi Cap • Direct Growth3Y CAGR
23.91%
Expense ratio
0.4%
Returns vs category
Risk vs category
Mahindra Manulife Focused Fund
Equity • Focussed • Direct Growth3Y CAGR
22.54%
Expense ratio
0.39%
Returns vs category
Risk vs category
Mahindra Manulife Large & Mid Cap Fund
Equity • Large and Mid Cap • Direct Growth3Y CAGR
19.84%
Expense ratio
0.45%
Returns vs category
Risk vs category
Mahindra Manulife Aggressive Hybrid Fund
Hybrid • Aggressive • Direct Growth3Y CAGR
19.47%
Expense ratio
0.46%
Returns vs category
Risk vs category
Mahindra Manulife Flexi Cap Fund
Equity • Flexi Cap • Direct Growth3Y CAGR
19.23%
Expense ratio
0.42%
Returns vs category
Risk vs category
Mahindra Manulife Consumption Fund
Equity • Consumption • Direct Growth3Y CAGR
17.79%
Expense ratio
0.65%
Returns vs category
N/A
Risk vs category
N/A
Mahindra Manulife ELSS Tax Saver Fund
Equity • ELSS (Tax Savings) • Direct Growth3Y CAGR
17.21%
Expense ratio
0.6%
Returns vs category
Risk vs category
Mahindra Manulife Large Cap Fund
Equity • Large Cap • Direct Growth3Y CAGR
16.67%
Expense ratio
0.65%
Returns vs category
Risk vs category
Mahindra Manulife Balanced Advantage Fund
Hybrid • Dynamic • Direct Growth3Y CAGR
15.81%
Expense ratio
0.53%
Returns vs category
Risk vs category
About
AMC Summary
As of December 2024, Mahindra Mutual Fund has assets under management of ₹28,280.86 crore. It has an array of investment solutions, among them best-selling schemes such as Mahindra Manulife Liquid Fund, Mahindra Manulife Focused Fund, and Mahindra Manulife ELSS Fund, each of which is aligned to varying financial objectives and risk profiles.
Mahindra Mutual Fund key information
Some of the key information about Mahindra Mutual Funds is:
- Mutual fund name: Mahindra Mutual Fund
- AMC set up date: February 4, 2016
- Headquarters: Mumbai
- Trustee organisation: Mahindra Manulife Trustee Private Limited
- MD and CEO: Anthony Heredia
- Chief Investment Officer: Krishna Sanghavi
How to invest in Mahindra Mutual Funds?
Below is a step-by-step guide on how to invest in Mahindra Mutual Funds:
Online Investment
To invest in a hassle-free and paperless way, you can use the Mahindra Mutual Funds website or reliable apps like Upstox. Start by registering or logging in on the app of your choice.
Select your investment horizon: short term, medium term or long term & pick a fund suitable to your risk profile (low risk, medium risk or high risk). Once you opt for an appropriate mutual fund scheme, you can invest lump sum at one time or in installments via SIP. Make the payment, and your investment will be visible in your portfolio within 3-4 working days.
Offline Investment
If you seek a physical process, go to a Mahindra Mutual Fund branch or an authorised dealer. Complete an investment form and submit documents like proof of identity and address. After choosing your preferred fund and SIP or lump sum investment option, pay through cheque, demand draft or bank transfer. Once the process is over, you will receive a confirmation receipt and folio number for future reference.
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Frequently Asked Questions
How do I obtain the Mahindra Mutual Funds statement?
You can fetch your Mahindra Mutual Fund statement from the website and enter your account log in. Alternatively, you may request it via email, SMS or through your investment portal. If required, call customer care or visit a branch and pick up a hard copy.
What is the time taken for Mahindra Mutual Funds redemption?
Redemption time varies based on the type of fund. Equity funds are credited in 2-3 business days, and debt funds are credited in 1-2 business days. Liquid funds are credited within 24 hours. The funds are credited in your registered bank account.
How to increase the SIP amount in Mahindra Mutual Funds?
It is easy to increase your SIP amount. Login to your investment platform, choose your current SIP, and opt for the "Step-Up SIP" or "Change SIP" option. You may either raise the amount at regular intervals or create a new SIP with a higher contribution.
How to redeem Mahindra Mutual Funds?
Go to the official Mahindra Mutual Fund website or your investment portal such as Upstox. Choose the fund you want to redeem, input the units number or amount and confirm. The funds will be transferred to your registered bank account within the normal redemption time.
How to start the Mahindra Mutual Funds SIP?
It is easy to start an SIP with Mahindra Mutual Fund. Go to their website or a reliable investment portal like Upstox, select your desired fund, select SIP mode, provide the amount and frequency, do KYC and confirm payment details. Your SIP will begin on the date you select.
Should I invest in Mahindra Mutual Fund?
Mahindra Mutual Fund has several schemes based on objectives and risk classes. If you want to generate long-term wealth or want stable returns, you can select their funds based on your objectives. Research deeply or consult an advisor before investing.
What are the Mahindra Mutual Fund redemption charges?
Redemption fees vary based on the scheme. Some schemes have an exit load if the scheme is redeemed within a certain period, such as 1% for a redemption within a year. Liquid and ultra-short-term schemes might have reduced or no fees. Always read the scheme information prior to redemption.
What determines tax on Mahindra Mutual Fund returns?
Taxes on mutual funds vary based on the type of fund and your holding period. Your equity fund gains exceeding ₹1.25 lakh after a year are charged 12.5%, and the short-term gains will attract 20% tax. The Debt fund gains are taxed according to your income tax bracket.
Which is the best Mahindra Mutual Fund?
Mahindra Manulife Mid Cap Fund is one of the funds you can consider, which has provided a return of 23.64% in a 3-year span. The overall pick depends on your risk appetite and investment goal. It is awalways advisable to do your own research before zeroing in on a particular Mahindra Mutual Fund.