- Mutual Funds
- Mahindra Mutual Fund
- Mahindra Manulife Consumption Fund (RIDCW-A)
Formerly Mahindra ManuRuralBharat&ConsmpRegIDCW-R
Mahindra Manulife Consumption Fund (RIDCW-A)
₹ 16.1556
NAV (Apr 16)
Sectoral / thematic - consumption 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
₹ 16.1556
NAV (Apr 16)
Fund Returns
Last 1Y | 30.5% |
Last 3Y | 16.9% |
Last 5Y | 12.6% |
Last 10Y | NA |
Since Inception | 12.2% |
6 Month CAGR | 9.4% |
Scheme Information
The investment objective of the Scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India.
Expense Ratio | 2.38 |
Launched (6y ago) | Nov 16, 2018 |
AUM in Crores | 159.071 |
ISIN | INF174V01648 |
Lock-in | No Lock-in |
Benchmark | Nifty India Consumption TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 11.9 |
Standard Deviation (5yr) | 17.7 |
Beta (3yr) | 0.71 |
Beta (5yr) | 0.98 |
Sharpe Ratio (3yr) | 0.925 |
Sharpe Ratio (5yr) | 0.478 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mahindra Manulife Consumption Fund (RIDCW-A) | 9,99,927 | 2,67,315 | 12.6% | |
| 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
itc ltd
7%bharti airtel ltd
6.3%net receivables / (payables)
5.1%maruti suzuki india ltd
5.1%mahindra & mahindra ltd
3.9%Allocation by Sector
consumer cyclical
35.7%consumer defensive
33.8%communication services
9.7%industrials
5.7%real estate
3.8%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 21,475 cr | ||
₹ 14,075 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.5% | ||
10.6% | 9.1% | ||
5.5% | 5.9% | ||
7.6% | 8.2% | ||
7.6% | 8.2% |
Mahindra Manulife Consumption Fund (RIDCW-A) Review
Mahindra Manulife Consumption Fund (RIDCW-A) is a Sectoral / Thematic - Consumption Equity fund and has delivered an annualised return of 12.2% over a period of 5 years. The fund was previously known as Mahindra ManuRuralBharat&ConsmpRegIDCW-R. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Abhinav Khandelwal, Fatema Pacha.
Nav of Mahindra Manulife Consumption Fund (RIDCW-A) as of 4/16/2024 is ₹16.16 with the total AUM as of 4/18/2024 is ₹159.071. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife Consumption Fund (RIDCW-A) was launched on Nov 16, 2018. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mahindra Manulife Consumption 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 Consumption 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 India Consumption TR INR.
Mahindra Manulife Consumption Fund (RIDCW-A) is rated as a 1 fund in Equity and delivered 30.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife Consumption Fund (RIDCW-A).
Frequently Asked Questions
What is Mahindra Manulife Consumption Fund (RIDCW-A)?
How to invest in Mahindra Manulife Consumption Fund (RIDCW-A)?
You can invest in Mahindra Manulife Consumption 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 Consumption Fund (RIDCW-A)?
The minimum sip amount for Mahindra Manulife Consumption Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mahindra Manulife Consumption Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mahindra Manulife Consumption Fund (RIDCW-A) is a Not Recommended fund. You can investMahindra Manulife Consumption 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 Consumption Fund (RIDCW-A)?
The expense ratio of the Mahindra Manulife Consumption Fund (RIDCW-A) is 2.38% for regular plan.