- Mutual Funds
- Mahindra Mutual Fund
- Mahindra Manulife Mid Cap Fund (RIDCW-A)
Formerly Mahindra Manu Mid Cp Unnt Yjn Reg IDCW-R
Mid cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 27.1305
NAV (Jul 25)
Fund Returns
Last 1Y | 60.1% |
Last 3Y | 26.7% |
Last 5Y | 30.4% |
Last 10Y | NA |
Since Inception | 20.4% |
6 Month CAGR | 26.2% |
Scheme Information
The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. However,there can be no assurance that the investment objective of the Scheme will be achieved.
Expense Ratio | 1.9 |
Launched (6y ago) | Jan 23, 2018 |
AUM in Crores | 2872.974 |
ISIN | INF174V01481 |
Lock-in | No Lock-in |
Benchmark | Nifty Midcap 150 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 15 |
Standard Deviation (5yr) | 19 |
Beta (3yr) | 0.96 |
Beta (5yr) | 0.83 |
Sharpe Ratio (3yr) | 1.319 |
Sharpe Ratio (5yr) | 1.133 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mahindra Manulife Mid Cap Fund (RIDCW-A) | 16,19,933 | 8,87,321 | 30.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
persistent systems ltd
3.3%max healthcare institute ltd ordinary shares
3.1%indus towers ltd ordinary shares
3%hdfc bank ltd
2.9%ltimindtree ltd
2.8%Allocation by Sector
financial services
19.2%consumer cyclical
16.4%industrials
14.8%basic materials
13.1%healthcare
10.9%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 24,345 cr | ||
₹ 21,459 cr | ||
₹ 16,283 cr | ||
₹ 59,364 cr | ||
₹ 45,470 cr |
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.5% | ||
10.3% | 9.5% | ||
5.9% | 5.9% | ||
7.3% | 8.6% | ||
7.3% | 8.6% |
Mahindra Manulife Mid Cap Fund (RIDCW-A) Review
Mahindra Manulife Mid Cap Fund (RIDCW-A) is a Mid Cap Equity fund and has delivered an annualised return of 20.1% over a period of 6 years. The fund was previously known as Mahindra Manu Mid Cp Unnt Yjn Reg IDCW-R. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Abhinav Khandelwal, Manish Lodha.
Nav of Mahindra Manulife Mid Cap Fund (RIDCW-A) as of 7/25/2024 is ₹27.13 with the total AUM as of 7/26/2024 is ₹2872.974. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife Mid Cap Fund (RIDCW-A) was launched on Jan 23, 2018. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mahindra Manulife Mid Cap Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mahindra Manulife Mid Cap Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Midcap 150 TR INR.
Mahindra Manulife Mid Cap Fund (RIDCW-A) is rated as a 3 fund in Equity and delivered 59.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife Mid Cap Fund (RIDCW-A).
Frequently Asked Questions
What is Mahindra Manulife Mid Cap Fund (RIDCW-A)?
How to invest in Mahindra Manulife Mid Cap Fund (RIDCW-A)?
You can invest in Mahindra Manulife Mid Cap Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mahindra Manulife Mid Cap Fund (RIDCW-A)?
The minimum sip amount for Mahindra Manulife Mid Cap Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mahindra Manulife Mid Cap Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mahindra Manulife Mid Cap Fund (RIDCW-A) is a Neutral fund. You can investMahindra Manulife Mid Cap Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mahindra Manulife Mid Cap Fund (RIDCW-A)?
The expense ratio of the Mahindra Manulife Mid Cap Fund (RIDCW-A) is 1.9% for regular plan.