Mahindra Manulife Mutual Fund · Direct Growth · SEBI Category: Multi Cap
Mahindra Manulife Multi Cap Fund is a joint venture between the Mahindra Group (one of India's most respected conglomerates) and Manulife Asset Management (a leading Canadian insurance and investment company). The fund follows a focused portfolio approach within the multi cap mandate, maintaining conviction in fewer but well-researched stocks across all three market cap segments.
The fund's investment philosophy combines Manulife's global investment framework with India-specific market knowledge. The fund managers focus on businesses with sustainable competitive advantages, strong management teams and long-term earnings visibility. The portfolio is deliberately concentrated — often 35 to 50 stocks — reflecting high conviction in each position.
Manish Lodha and Fatema Pacha co-manage the Mahindra Manulife Multi Cap Fund. Manish Lodha leads the equity strategy and brings research-driven, quality-focused stock selection skills. Fatema Pacha contributes to portfolio construction across market caps. Together they apply Mahindra Manulife's investment framework to build a diversified multi cap portfolio.
For current co-manager details and full biography, refer to the latest Mahindra Manulife Mutual Fund factsheet on AMFI or the AMC website.
Informational points to help you form your own view — not judgements or recommendations.
Live data. Current fund highlighted. Click any fund name for full analysis.
| Fund | NAV | AAUM | 1Y Return | 3Y CAGR | 5Y CAGR | Sharpe (3Y) |
|---|---|---|---|---|---|---|
| Nippon India Multi Cap Fund | ₹324.01 | ₹48.4K Cr Jan–Mar 2026 | -0.1% | +18.3% p.a. | +20.1% p.a. | 0.99 |
| ICICI Prudential Multicap Fund | ₹934.21 | ₹15.7K Cr Jan–Mar 2026 | +6.5% | +19.8% p.a. | +17.2% p.a. | 1.15 |
| Kotak Multicap Fund | ₹20.70 | ₹23.1K Cr Jan–Mar 2026 | +6.1% | +21.7% p.a. | — | 1.10 |
| Mahindra Manulife Multi Cap Fund ▲ | ₹43.06 | ₹6.0K Cr Jan–Mar 2026 | +8.3% | +20.4% p.a. | +18.0% p.a. | 1.00 |
| Franklin India Multi Cap Fund | ₹10.50 | ₹4.8K Cr Jan–Mar 2026 | +4.7% | — | — | — |
Calculated from 2,229 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.
1M / 3M / 6M / 1Y — simple point-to-point return · 3Y / 5Y / 10Y — CAGR (compounded annual growth rate)
Based on all rolling windows in full NAV history. Dates show the start and end of each period.
Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.
Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →
How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.
Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.
Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →
Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.
See how Mahindra Manulife Multi Cap Fund ranks against other Multi Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.
New fund analysis, articles and market insights — no spam, no selling. Unsubscribe anytime.
Found this useful? Share it
Found an error? Have a suggestion? We read every response.