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Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW)

Multi Asset Allocation • OPEN
NAV as of May 20, 2026
₹13.90
1 day change
Returns since inception
16.26%
CAGR
AUM (Fund size)
₹1,098 Cr
NAV: ₹ 13.90
as on May 20, 2026
Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW)

Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) Overview

AUM (Fund size) ₹ 1,098 Cr
Expense ratio 0.30 %
Exit load 0.5% - 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.
Plan type Direct Fund
Risk High
Lock-in Period Nil
Benchmark 45% NIFTY 500 TRI + 40% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold + 5% Domestic Price of Silver (First Tier Benchmark)
Min. investment SIP: ₹500    Lumpsum: ₹1,000
Age 2 yrs 3 m since Feb 20, 2024
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Debt
19.65%
Others
18.29%
Banks
11.62%
Pharmaceuticals & Biotech
4.98%
Power
3.20%

Top Holdings

ICICI Gold ETF 10.15%
Mahindra Manulife Liquid Fund - Direct (G) 6.87%
HDFC Bank 3.94%
ICICI Bank 2.94%
Net CA & Others 2.86%
Bharti Airtel 2.51%
Muthoot Finance 2.47%
TVS Credit Serv. 2.47%
Reliance Industr 2.39%
HDFC Bank 2.39%

Scheme Information

Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) was launched on 20/02/2024. The fund manages ₹1,098 Cr in assets. Its current expense ratio is 0.30%.

Fund Manager: Renjith Sivaram

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FAQs on Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW)

The current expense ratio of Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) is 0.30%.

The AUM of Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) is ₹1,098 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Mahindra Manulife Multi Asset Allocation Fund-Dir (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹13.90.

Minimum SIP starts from ₹500.

Redemption can be done via AMC website or your investment platform.

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