Mutual Fund

Here are the details for the Mahindra Manulife Mid Cap Fund:

Description: The investment objective of the Scheme is to seek to generate long-term capital appreciation and provide long-term growth opportunities by investing in a portfolio constituted of equity and equity-related securities and derivatives predominantly in mid-cap companies.

Asset Class: Equity

Asset Sub-Class: Mid Cap

Performance & Returns:

• Return Rate:

  • 1-Year: 14.91%
  • 3-Year: 32.62%
  • 5-Year: 30.17%
  • Since Inception: 16.68%

• CAGR (Compound Annual Growth Rate):

  • 3-Year: 32.62%
  • 5-Year: 30.17%

• XIRR (Extended Internal Rate of Return): Specific XIRR data is not available in the provided sources.

Expense Ratio: 1.88%

Minimum Investment Amount:

• Lump Sum: ₹1,000 and in multiples of Re. 1 thereafter
• SIP (Systematic Investment Plan):
  • Weekly & Monthly SIP:
    • Minimum Amount: ₹500 and in multiples of Re. 1 thereafter
    • Minimum Installments: 6
  • Quarterly SIP:
    • Minimum Amount: ₹1,500 and in multiples of Re. 1 thereafter
    • Minimum Installments: 4

Lock-in Period: None

Exit Load:

• 1% if units are redeemed or switched out within 3 months from the date of allotment
• No exit load if units are redeemed or switched out after 3 months from the date of allotment

Please note that mutual fund investments are subject to market risks, and past performance is not indicative of future results. It's advisable to consult with a financial advisor before making investment decisions.