Our Opinion
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Our Opinion
Riskometer
Moderately High
₹24.5246 0.40%
As on 18-Mar-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mahindra Manulife Equity Savings Fund - Direct Plan
|
|
|
Moderately High
|
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0.83 |
|
 |
|
Low to Moderate
|
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0.50 |
||
 |
|
Moderately High
|
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0.69 |
||
|
|
Moderate
|
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0.65 |
||
|
|
Moderate
|
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0.63 |
₹553 Cr
1.00 (15)
1,000
1,000
500
6
About Mahindra Manulife Equity Savings Fund - Direct Plan
Mahindra Manulife Equity Savings Fund - Direct Plan is a hybrid mutual fund scheme of Mahindra Manulife Mutual Fund. Launched on February 01, 2017, it is currently managed by Rahul Pal, Kush Sonigara and Renjith Sivaram Radhakrishnan. The fund has an expense ratio of 0.83% with an overall AUM (Assets Under Management) of ₹553 Cr.
Mahindra Manulife Equity Savings Fund - Direct Plan invests about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
Investment Strategy
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
Suitability
Equity Savings funds are suitable for investors:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Mahindra Manulife Equity Savings Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Mahindra Manulife Equity Savings Fund - Direct Plan can be bought from the Mahindra Manulife Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Mahindra Manulife Equity Savings Fund - Direct Plan, is ₹24.5246 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
Bharti Telecom Ltd SR XXVIII Debenture 7.40 01/02/2029 |
3.60
|
|
REC Ltd SERIES 169 Debenture 8.37 07/12/2028 |
1.87
|
|
REC Ltd SR-147 Bonds 7.95 12/03/2027 |
1.83
|
|
National Bank For Agriculture & Rural Development SR 25C Bonds 7.44 24/02/2028 |
1.82
|
|
GOI Sec 6.33 05/05/2035 |
1.77
|
Over the past five years, Mahindra Manulife Equity Savings Fund - Direct Plan has delivered an annualised return of 10.47% as of 19-Mar-2026.
The minimum investment required to start investing in Mahindra Manulife Equity Savings Fund - Direct Plan is ₹1,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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