Mutual Fund

Here are the details for the Mahindra Manulife Manufacturing Fund:

1. Description:

• The Mahindra Manulife Manufacturing Fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies engaged in the manufacturing theme.

2. Asset Class:

• Equity

3. Asset Sub-Class:

• Thematic (Manufacturing Sector)

4. XIRR (Extended Internal Rate of Return):

• Specific XIRR data is not available as the fund has not completed one year since its launch.

5. Return Rate:

• Since inception (June 24, 2024) to March 13, 2025: Approximately -16.45%

6. 5-Year Return:

• Not applicable, as the fund was launched on June 24, 2024, and has not completed five years.

7. CAGR (Compound Annual Growth Rate):

• Since inception (June 24, 2024) to March 13, 2025: Approximately -16.45%

8. Expense Ratio:

• Regular Plan: 2.32%
• Direct Plan: 0.69%

9. Minimum Investment Amount:

• Lump Sum: ₹1,000
• Additional Investment: ₹1,000
• SIP (Systematic Investment Plan): ₹500

10. Lock-in Period:

• None

11. Exit Load:

• 0.5% if redeemed within 3 months

Additional Information:

• Fund Size (AUM): ₹749.91 Crores (as of January 31, 2025)

• Net Asset Value (NAV): ₹8.35 (as of March 13, 2025)

• Risk Level: Very High

• Fund Manager: Mr. Renjith Sivaram (since June 24, 2024)

• Top Holdings (as of February 28, 2025):

  • Mahindra & Mahindra Ltd.: 4.35%
  • Reliance Industries Ltd.: 3.86%
  • Hindalco Industries Ltd.: 3.44%
  • Divi's Laboratories Ltd.: 2.76%
  • Hindustan Unilever Ltd.: 2.63%

Please note that mutual fund investments are subject to market risks. It's advisable to consult with a financial advisor before making investment decisions.