ad
Mahindra Manulife Equity Savings Fund(G)-Direct Plan

Mahindra Manulife Equity Savings Fund(G)-Direct Plan

HybridDirect GrowthMedium Risk

+9.44%

5Y annualised

Expert Rating Locked 🔒

Subscribe to unlock the ratings

  • Lorem ipsum dolor sit amet, consectetur adipiscing elit.
  • Mattis eget etiam curabitur a cras malesuada pulvinar.

Buy, Hold or Sell?

Unlock our SEBI-RIA verdict on this fund.

Locked

NAV : 28 Aug 2026

₹25.84

Min. SIP amount

₹500

Fund size (AUM)

535 Cr

Expense ratio

0.71%

Launched on

01 Feb 2017

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

8,000

3M6M1Y3Y
Total investment
2,88,000
Would've become
3,38,293

Stock Allocation

Stock nameSectorAllocation
Net Receivables / (Payables)Cash & Cash Equivalents And Net Assets22.91%
Kotak Mahindra Bank LimitedBank13.37%
Icici Bank LimitedBank4.69%

Fund Composition

535 Cr

Large Cap

16.35%

Mid Cap

2.85%

Small Cap

7.12%

Others

64.91%

Sector Allocation

535 Cr

Cash & Cash Equivalents And Net Assets

27.14%

Bank

19.28%

Corporate Debt

12.21%

Finance

8.21%

Automobile & Ancillaries

4.19%

Government Securities

3.06%

Treasury Bills

2.44%

Healthcare

2.43%

Others

17.49%

Minimum investments

Min. for SIP500
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Equity)

Exit load, stamp duty and tax

Exit load

Nil upto 10% of units and 1% for remaining units on or before 15D, Nil after 15D

No exit load after holding period

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

RS

Renjith Sivaram

Present

NM

Navin Matta

Present

RP

Rahul Pal

Present

KS

Kush Sonigara

Present

Similar/Peer Fund Comparison

Fund name
H

HSBC Equity Savings Fund(G)-Direct Plan

+13.79%
E

Edelweiss Equity Savings Fund(G)-Direct Plan

+11.82%
W

WOC Equity Savings Fund(G)-Direct Plan

+0.00%
M

Mahindra Manulife Equity Savings Fund(G)-Direct Plan

+10.23%
C

Capitalmind Flexi Cap Fund(G)-Direct Plan

+0.00%
M

Mirae Asset Equity Savings Fund(G)-Direct Plan

+10.58%
B

Baroda BNP Paribas Equity Savings Fund(G)-Direct Plan

+10.18%
A

Axis Equity Savings Fund(G)-Direct Plan

+10.22%

FAQs

Mahindra Manulife Equity Savings Fund(G)-Direct Plan is a part of Mahindra Manulife Investment Management Private Limited, it was incepted on 01 Feb 2017. This fund is managed by Renjith Sivaram, Navin Matta, Rahul Pal and Kush Sonigara. It is a Hybrid type of fund.

The current NAV of Mahindra Manulife Equity Savings Fund(G)-Direct Plan is ₹25.84 (as of 28 Aug 2026).

Mahindra Manulife Equity Savings Fund(G)-Direct Plan has delivered 8.49% in 1 year, 10.23% in 3 years, and 9.44% in 5 years (annualised).

The minimum SIP amount for Mahindra Manulife Equity Savings Fund(G)-Direct Plan is ₹500.

The expense ratio of Mahindra Manulife Equity Savings Fund(G)-Direct Plan is 0.71%.

PRO Mutual Fund Advisory is Univest's personalised mutual fund advisory service. We analyse your portfolio, risk protile and goals to recommend the right mix of funds for you.

Anyone looking for personalised fund guidance—whether you're starting your MF journey or existing investors who want guidance on improving or restructuring their existing MF portfolio

Our recommendations are built on your profile, risk level, goals, existing portfolio, and Univest's proprietary fund ratings, not generic lists or trending funds.

A. Basic (PRO MF) - Get a personalised basket built for your goals and risk level, along with a complete portfolio health check, quarterly rebalancing guidance, and smart insights to optimise your returns.
B. Premium Advisory - Everything in Basic, plus dedicated 1:1 expert calls, deeper portfolio reviews, personalised reports, and priority support to help you make confident, well-guided investment decisions.

You can choose to execute them from any platform you already use. However, executing on Univest gives you a smoother experience with one-click investing and effortless rebalancing

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down