Mahindra Manulife Mutual Fund
Mahindra Manulife Investment Management Pvt. Ltd (MMIMPL) was incorporated on 20th June 2013 under the Companies Act, 1956. It is the Investment Manager of Mahindra Manulife Mutual Fund, offering a wide variety of investment solutions across India. As of 31st March 2021, it manages 16 schemes of Mahindra Manulife Mutual Fund. The company is a joint venture of Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd.
Best Mahindra Manulife Mutual Fund
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
Mahindra Manulife Mid Cap Fund - Direct Growth
|
3,461 | 28.10% | 30.02% | |
Mahindra Manulife Focused Fund - Direct Growth
|
1,880 | 23.22% | - | |
Mahindra Manulife Multi Cap Fund - Direct Growth
|
4,858 | 22.87% | 26.23% | |
Mahindra Manulife Consumption Fund - Dir Growth
|
423 | 21.89% | 19.54% | |
Mahindra Manulife Large & Mid Cap Fund-Dir Growth
|
2,538 | 19.79% | - | |
Mahindra Manulife Aggressive Hybrid Fund-Dir Growth
|
1,503 | 19.10% | 21.05% | |
Mahindra Manulife Flexi Cap Fund - Direct Growth
|
1,458 | 19.03% | - | |
Mahindra Manulife ELSS Tax Saver Fund - Direct Growth
|
931 | 16.84% | 19.86% | |
Mahindra Manulife Large Cap Fund - Dir Growth
|
595 | 15.44% | 17.15% | |
Mahindra Manulife Equity Savings Fund - Dir Growth
|
580 | 10.90% | 12.72% |
Before April 2020, the Mahindra Manulife Investment Management Pvt. Ltd was known as Mahindra Asset Management Company Private Limited. However, on 29th April 2020, Manulife Singapore acquired 49% of the equity share capital of the Asset Management Company and became a co-sponsor of the mutual fund. Accordingly, Mahindra Mutual Fund was renamed Mahindra Manulife Mutual Fund and Mahindra Asset Management Company Private Limited as Mahindra Manulife Investment Management Pvt. Ltd.
The Mahindra Manulife Investment Management Pvt. Ltd offers several open-ended schemes for long-term financial growth, focusing primarily on the semi-urban areas. On 31st March 2021, the average assets under management in the 16 schemes of Mahindra Manulife Mutual Fund were Rs. 5,249 crore.
Mahindra Manulife Mutual Fund Key Information
Mahindra Manulife Mutual Fund Managers
Top 10 Mahindra Manulife Mutual Fund to Invest
- Mahindra Manulife Mid Cap Fund - Direct Growth
- ₹ 500
- ₹ 3,461
- 28.10%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 3,461
- 3Y Return
- 28.10%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 3,461
- 3Y Return
- 28.10%
- Mahindra Manulife Focused Fund - Direct Growth
- ₹ 500
- ₹ 1,880
- 23.22%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,880
- 3Y Return
- 23.22%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,880
- 3Y Return
- 23.22%
- Mahindra Manulife Multi Cap Fund - Direct Growth
- ₹ 500
- ₹ 4,858
- 22.87%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 4,858
- 3Y Return
- 22.87%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 4,858
- 3Y Return
- 22.87%
- Mahindra Manulife Consumption Fund - Dir Growth
- ₹ 500
- ₹ 423
- 21.89%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 423
- 3Y Return
- 21.89%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 423
- 3Y Return
- 21.89%
- Mahindra Manulife Large & Mid Cap Fund-Dir Growth
- ₹ 500
- ₹ 2,538
- 19.79%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 2,538
- 3Y Return
- 19.79%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 2,538
- 3Y Return
- 19.79%
- Mahindra Manulife Aggressive Hybrid Fund-Dir Growth
- ₹ 500
- ₹ 1,503
- 19.10%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,503
- 3Y Return
- 19.10%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,503
- 3Y Return
- 19.10%
- Mahindra Manulife Flexi Cap Fund - Direct Growth
- ₹ 500
- ₹ 1,458
- 19.03%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,458
- 3Y Return
- 19.03%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 1,458
- 3Y Return
- 19.03%
- Mahindra Manulife ELSS Tax Saver Fund - Direct Growth
- ₹ 500
- ₹ 931
- 16.84%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 931
- 3Y Return
- 16.84%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 931
- 3Y Return
- 16.84%
- Mahindra Manulife Large Cap Fund - Dir Growth
- ₹ 500
- ₹ 595
- 15.44%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 595
- 3Y Return
- 15.44%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 595
- 3Y Return
- 15.44%
- Mahindra Manulife Equity Savings Fund - Dir Growth
- ₹ 500
- ₹ 580
- 10.90%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 580
- 3Y Return
- 10.90%
- Min SIP Investment Amt
- ₹ 500
- AUM (Cr.)
- ₹ 580
- 3Y Return
- 10.90%
Closed NFO
-
-
31 May 2024
Launch Date
14 Jun 2024
Closed Date
Frequently Asked Questions
Mahindra Manulife mutual fund has been growing rapidly since its inception, handling an AUM of about Rs. 72,720 crores as of March 2021. The fund has several offerings across categories to suit the needs of varied investors. The company’s market strength, as well as domestic track record, has also worked well. Moreover, they offer high-quality investment options across the landscape.
To calculate the Mahindra mutual fund SIP, you should take into consideration things like:
- The amount of investment
- The SIP tenure
- Number of Mahindra Manulife mutual fund SIPs already paid, if any
- Expected rate of interest
Yes, you can stop a SIP online at any time. You need to visit the website of Mahindra Manulife mutual fund and log in with your folio number to place a request for stopping the SIP. Alternatively, you can follow these steps to do it from your 5Paisa account:
- Navigate to Mutual Fund order book
- Go to the SIP section
- Select the Mahindra Manu scheme you want to stop
- Click on the ‘Stop SIP’ button
Your SIP will be stopped, and you can restart it anytime.
Mahindra Manulife mutual fund offers more than 16 fund options catering to the needs of different types of investors. However, not all these funds suit every investor’s goals. It is important to know your investment horizon, financial goals, and risk profile and align them with the fund objectives to identify the best fit.
With 5Paisa, you can easily invest in Mahindra Manulife mutual fund or any other investment option at zero commission. Investing with 5Paisa is safe and offers several other benefits like:
- Professional management
- Simple SIP investment process
- Low minimum investment amount with SIPs starting at only Rs. 500
- Liquidity transparency
- Flexibility to select from a wide range of options
Mahindra Manulife offers many open-ended mutual fund schemes focusing on long-term financial growth. The company also offers products aimed particularly at rural markets. There are about 20 funds across categories like equity, debt, and hybrid.
You can start investing in Mahindra Manu mutual fund online through 5Paisa without hassle. Alternatively, you can visit the fund company’s official website to make an investment or even use one of the online or mobile platforms.
To increase the amount of SIP for the Mahindra Manulife mutual fund, you can use Step-Up or Top-Up SIPs. This feature was earlier available for a few funds only, but most of them now offer it. However, it is recommended that you check it with the fund house before doing it. If available, you can use the Step-Up calculator to determine the SIP amount before taking any decision.
You can visit a Mahindra Manulife mutual fund office nearby and submit a withdrawal form. You can also go to the fund’s official website and log in with the folio number to redeem your investment. It is also possible to withdraw your Mahindra Manulife mutual fund investment from any online portal like 5Paisa from where you invested.
No, you don’t necessarily need to open a Demat account to invest in mutual funds. With 5Paisa apps – Mobile Trading App and Invest App, it is easy to invest in mutual funds like Mahindra Manulife. You can download the 5Paisa Invest app and open a mutual fund account to start investing.