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Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan

Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan

HybridDirect GrowthHigh Risk

+19.72%

1Y annualised

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Buy, Hold or Sell?

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NAV : 28 Aug 2026

₹14.67

Min. SIP amount

₹500

Fund size (AUM)

1195 Cr

Expense ratio

0.36%

Launched on

13 Mar 2024

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
3,94,959

Stock Allocation

Stock nameSectorAllocation
Icici Prudential Gold EtfDomestic Mutual Funds Units - Gold7.50%
Hdfc Bank LimitedBank3.63%
Icici Bank LimitedBank2.99%

Fund Composition

1195 Cr

Large Cap

37.46%

Mid Cap

6.65%

Small Cap

9.70%

Others

46.20%

Sector Allocation

1195 Cr

Bank

12.61%

Corporate Debt

12.44%

Domestic Mutual Funds Units - Gold

7.50%

Finance

7.16%

Automobile & Ancillaries

4.98%

Healthcare

4.34%

Domestic Mutual Funds Units

3.92%

Commercial Paper

3.85%

Others

41.40%

Minimum investments

Min. for SIP500
Min. for Lumpsum--

Returns vs rankings

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

Exit load, stamp duty and tax

Exit load

0.50% on or before 3M, Nil after 3M

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

RP

Rahul Pal

Present

KS

Kush Sonigara

Present

Similar/Peer Fund Comparison

Fund name
3

360 ONE Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
K

Kotak Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
Q

Quant Multi Asset Allocation Fund(G)-Direct Plan

+23.43%
D

DSP Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
M

Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
H

HSBC Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
B

Bandhan Multi Asset Allocation Fund(G)-Direct Plan

+0.00%
N

Nippon India Multi Asset Allocation Fund(G)-Direct Plan

+20.48%

FAQs

Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan is a part of Mahindra Manulife Investment Management Private Limited, it was incepted on 13 Mar 2024. This fund is managed by Renjith Sivaram, Rahul Pal and Kush Sonigara. It is a Hybrid type of fund.

The current NAV of Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan is ₹14.67 (as of 28 Aug 2026).

Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan has delivered 19.72% in 1 year, 0.00% in 3 years, and 0.00% in 5 years (annualised).

The minimum SIP amount for Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan is ₹500.

The expense ratio of Mahindra Manulife Multi Asset Allocation Fund(G)-Direct Plan is 0.36%.

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