Mahindra Manulife Multi Cap Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Mahindra Manulife Mutual Fund · Equity fund · Direct plan · IDCW

Multi CapDirect · IDCWRisk: Very High

NAV · 6 Nov 2026

₹33.0648 ▲ 0.41%

Mahindra Manulife Mutual Fund

Fund size₹7,383 crJuly - September 2026

1-month range₹30.38 – 33.06

1 year+4.91%

Expense ratio0.94%direct plan, a year

5 years+9.37%a year

What the fund does

The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

BenchmarkNifty 500 Multicap 50:25:25 TRI

Launched11 May 2017

Fund houseMahindra Manulife Mutual Fund

Fund managersFM-1 Mr. Vishal JajooFM 2 Mr. Neelesh Dhamnaskar

NAV history

Returns

1 week

+6.17%avg 5.5%

1 month

+2.43%avg 2.4%

3 months

+0.12%avg -1.2%

6 months

+6.08%avg 3.8%

This year

+4.40%avg 4.5%

1 year

+4.91%avg 4.9%

3 years (a year)

+13.19%avg 15.5%

5 years (a year)

+9.37%avg 13.8%

Bars: this plan; the thin mark is the Multi Cap average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+1.1
2025	-7.3	-7.8	+3.8	+2.8	+4.9	+4.6	-0.6	-3.9	+0.7	+5.3	+0.4	-0.7
2026	-1.9	+1.3	-14.1	+11.9	+1.9	+2.8	+2.2	+4.9	-5.2	-3.4	+6.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held7378 lines in all

Top 10 stocks30.0%of the fund

Equity92.8%stocks and equity derivatives

Debt & cash7.9%everything else

Where the money is

Equity 92.8%Cash & others 7.9%

Sectors (stocks held)

Pharmaceuticals & Biotechnology

16.2%

Banks

12.6%

Industrial Products

8.6%

Capital Markets

6.1%

Retailing

4.4%

IT - Software

3.8%

Cement & Cement Products

3.5%

Consumer Durables

3.3%

Stocks held 73

Holding	Sector / type	% of fund
Divi's Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	5.01%
Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	4.21%
ICICI Bank Limited INE090A01021	Banks	3.26%
HDFC Bank Limited INE040A01034	Banks	2.85%
Adani Enterprises Limited INE423A01024	Metals & Minerals Trading	2.79%
Neuland Laboratories Limited INE794A01010	Pharmaceuticals & Biotechnology	2.73%
Oil India Limited INE274J01014	Oil	2.47%
Torrent Pharmaceuticals Limited INE685A01028	Pharmaceuticals & Biotechnology	2.35%
APL Apollo Tubes Limited INE702C01027	Industrial Products	2.16%
PTC Industries Ltd INE596F01018	Industrial Products	2.15%
Avenue Supermarts Limited INE192R01011	Retailing	2.02%
Hindustan Zinc Limited INE267A01025	Non - Ferrous Metals	1.94%
Voltamp Transformers Limited INE540H01012	Electrical Equipment	1.90%
Jindal Saw Ltd INE324A01032	Industrial Products	1.87%
UltraTech Cement Limited INE481G01011	Cement & Cement Products	1.84%
State Bank of India INE062A01020	Banks	1.79%
Oracle Financial Services Software Limited INE881D01027	IT - Software	1.71%
P N Gadgil Jewellers Limited INE953R01016	Consumer Durables	1.58%
Adani Energy Solutions Limited INE931S01010	Power	1.57%
Alkem Laboratories Limited INE540L01014	Pharmaceuticals & Biotechnology	1.55%
Sun TV Network Limited INE424H01027	Entertainment	1.52%
Bajaj Auto Limited INE917I01010	Automobiles	1.43%
Bandhan Bank Limited INE545U01014	Banks	1.42%
Aarti Industries Limited INE769A01020	Chemicals & Petrochemicals	1.38%
Vodafone Idea Limited INE669E01016	Telecom - Services	1.33%
Supreme Industries Limited INE195A01028	Industrial Products	1.30%
Manappuram Finance Limited INE522D01027	Finance	1.28%
Radico Khaitan Limited INE944F01028	Beverages	1.25%
MphasiS Limited INE356A01018	IT - Software	1.22%
Maruti Suzuki India Limited INE585B01010	Automobiles	1.17%
Glenmark Pharmaceuticals Limited INE935A01035	Pharmaceuticals & Biotechnology	1.16%
Max Healthcare Institute Limited INE027H01010	Healthcare Services	1.08%
Godfrey Phillips India Limited INE260B01028	Cigarettes & Tobacco Products	1.08%
Kajaria Ceramics Limited INE217B01036	Consumer Durables	1.05%
Ujjivan Small Finance Bank Limited INE551W01018	Banks	1.05%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	1.03%
IndusInd Bank Limited INE095A01012	Banks	1.02%
Larsen & Toubro Limited INE018A01030	Construction	1.01%
Vedanta Aluminium Metal Limited INE1CDF01017	Non - Ferrous Metals	1.00%
Lenskart Solutions Limited INE956O01016	Retailing	0.99%
Motilal Oswal Financial Services Limited INE338I01027	Capital Markets	0.99%
Eternal Limited INE758T01015	Retailing	0.99%
Laurus Labs Limited INE947Q01028	Pharmaceuticals & Biotechnology	0.98%
Astral Limited INE006I01046	Industrial Products	0.94%
Nippon Life India Asset Management Limited INE298J01013	Capital Markets	0.92%
The Ramco Cements Limited INE331A01037	Cement & Cement Products	0.91%
Anthem Biosciences Limited INE0CZ201020	Pharmaceuticals & Biotechnology	0.88%
Sai Life Sciences Limited INE570L01029	Pharmaceuticals & Biotechnology	0.88%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.87%
JSW Steel Limited INE019A01038	Ferrous Metals	0.82%
Tech Mahindra Limited INE669C01036	IT - Software	0.82%
Reliance Industries Limited INE002A01018	Petroleum Products	0.80%
Tilaknagar Industries Limited INE133E01013	Beverages	0.78%
NTPC Limited INE733E01010	Power	0.78%
Max Financial Services Limited INE180A01020	Insurance	0.74%
Sagility Limited INE0W2G01015	IT - Services	0.72%
JK Cement Limited INE823G01014	Cement & Cement Products	0.71%
DCB Bank Limited INE503A01015	Banks	0.70%
Blue Star Limited INE472A01039	Consumer Durables	0.69%
Coal India Limited INE522F01014	Consumable Fuels	0.68%
Nitin Spinners Limited INE229H01012	Textiles & Apparels	0.63%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	0.61%
Union Bank of India INE692A01016	Banks	0.55%
Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	0.49%
InterGlobe Aviation Limited INE646L01027	Transport Services	0.40%
Arvind Fashions Limited INE955V01021	Retailing	0.38%
Oil & Natural Gas Corporation Limited INE213A01029	Oil	0.36%
Shriram Finance Limited INE721A01047	Finance	0.32%
Cholamandalam Financial Holdings Limited INE149A01033	Finance	0.28%
Oswal Pumps Limited INE0BYP01024	Industrial Products	0.20%
Hatsun Agro Product Limited INE473B01035	Food Products	0.19%
Piramal Finance Limited INE202B01038	Finance	0.16%
Gokaldas Exports Limited INE887G01027	Textiles & Apparels	0.12%

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Debt, money market and cash 5

Holding	Sector / type	% of fund
Triparty Repo	–	5.83%
Net Receivables / (Payables)	–	0.70%
Net Receivables / (Payables)	–	0.69%
Mahindra Manulife Liquid Fund -Direct Plan -Growth INF174V01044	–	0.67%
Margin placed with CCIL & ARCL	–	0.05%

From the fund house's monthly portfolio (mahindramanulife.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility16.9%yearly, from daily NAVs

Worst fall-25.98%31 Jan 2020 → 31 Mar 2020

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2017).

Where it can invest (limits from the scheme document)

Equity and Equity related Securities^ of which

75–100%

i) Large Cap Companies*

25–50%

ii) Mid Cap Companies**

25–50%

iii) Small Cap Companies***

25–50%

Money Market Instruments / other liquid instruments

0–25%

Units of mutual funds$

0–20%

Units issued by InvITs

0–10%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹7,383 cr across all plans · this plan ₹3.80 cr
Fund house	Mahindra Manulife Mutual Fund
Category	Equity · Multi Cap
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 0.94% · Regular 2.18% (5 Nov 2026)
Exit load	An Exit Load of 1% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment; Nil if Units are redeemed / switched-out after 3 months from the date of allotment.
Minimum investment	₹1,000 · additional ₹1,000
Scheme code (AMFI)	141223
ISIN	INF174V01366
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹46.2008	+10.38%
Regular · Growth	₹39.1340	+8.94%
Regular · IDCW	₹26.6929	+2.39%

Top Multi Cap funds (direct plans)

Fund	1 year	3 years (a year)
WhiteOak Capital Multi Cap Fund	+5.68%	+18.99%
LIC MF Multi Cap Fund	+7.86%	+18.46%
Mahindra Manulife Multi Cap Fund	+10.38%	+18.05%
HSBC Multi Cap Fund	+5.62%	+17.67%
ITI Multi Cap Fund	+12.23%	+17.50%
Kotak Multi Cap Fund	+2.70%	+17.14%
Edelweiss Multi Cap Fund	+4.95%	+16.80%
Union Multicap Fund	+9.69%	+15.94%

All Multi Cap funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Mahindra Manulife Multi Cap Fund - Direct Plan - IDCW today?

₹33.0648 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Mahindra Manulife Multi Cap Fund - Direct Plan - IDCW?

1 year: 4.91%, 3 years: 13.19% a year, 5 years: 9.37% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.