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Mahindra Manulife Aggressive Hybrid Fund Direct - Growth

Previously called: Mahindra Manulife Hybrid Equity Nivesh Yojana Direct-G

NAV as of(Aug 11, 2023)

20.93 -0.32 % 1-D Change

19.92% p.a.

You get upto 1.68%extra returns

ET Money Rank

This fund has been live for less than 5 years, which is the minimum duration to qualify for ET Money ranking. We'll include it in the ranking as soon as it crosses 5 years.

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ET Money's Fund Report Card - Mahindra Manulife Aggressive Hybrid Fund

ET Money Rank

3

Out of 29

ranking
Performance Quality info

Excellentdrop-arrow

Generated returns consistently

5/5

Increased returns for each unit of additional risk info

4/5

Downside Protection info

Gooddrop-arrow

Controlled losses during market corrections

4/5

Delivered returns without frequent ups and downs

2/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

This fund vs
Show performance of:

Scheme Details

VRO Rating4
Expense ratio0.63% As on Apr 30, 2023
Exit Load1.0%info
AUM (Fund Size) 770 Crs
Lock-inNo Lockin
Age4 yrs 1 m Since Jun 28, 2019
BenchmarkCRISIL Hybrid 35+65 Aggressive
Min. Investment

SIP 500 &

Lumpsum 1000

About Mahindra Manulife Aggressive Hybrid Fund

Mahindra Manulife Aggressive Hybrid Fund Direct - Growth is a Aggressive Hybrid mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 4 yrs 1 m, having been launched on 28/06/2019. Mahindra Manulife Aggressive Hybrid Fund Direct - Growth has ₹770 Crores worth of assets under management (AUM) as on 30/06/2023 and is small fund of its category. The fund has an expense ratio of 0.63%, which is less than what most other Aggressive Hybrid funds charge. Currently, the fund has a 76.42% allocation to equity and 20.62% to Debt.
  • Mahindra Manulife Aggressive Hybrid Fund Direct - Growth returns of last 1-year are 15.25%. Since launch, it has delivered 19.92% average annual returns. The fund has doubled the money invested in it every 4 yrs.
  • Mahindra Manulife Aggressive Hybrid Fund Direct - Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
  • The fund's equity portion is primarily invested in Financial, Technology, Capital Goods, Consumer Staples, Unclassified sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
  • The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
  • The fund's top 5 holdings are in GOI, HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., State Bank of India.
.....

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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Apr 30, 2023
Allocation by Market Cap

Large Cap 47.71%

Mid Cap 12.9%

Small Cap 15.81%

Other Cap 0%

Allocation by Sector

Financial 22.24%

Technology 7.64%

Capital Goods 5.47%

Consumer Staples 4.8%

Top Debt Holdings

GOI 11.98%

Small Industries Devp. Bank of India Ltd. 1.9%

Rural Electrification Corpn. Ltd. 1.31%

Power Finance Corpn. Ltd. 1.3%

Allocation by Credit Quality

SOV 11.98%

AAA 4.81%

A1+ 3.18%

Cash & Call Money 2.96%

Allocation by Instruments

GOI Securities 11.98%

Commercial Paper 3.18%

Debenture 2.86%

Non Convertible Debenture 2.6%

Other Holdings

Others 1.68%

Comparison with aggressive hybrid Funds

as on Aug 13, 2023
Average
1.76%
2.38% p.a
This fund

Lowest
0.0%

Highest
4.89%
Pick time period to see return
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Trailing Returns and Ranks

as on Jun 01, 2023
PeriodTrailing returnsCategory average
1 month2.38%1.76%
3 months9.52%8.18%
6 months13.35%11.66%
1 year15.27%13.51%
3 years23.5%20.36%

Riskometer

Level of Risk in the Scheme

Very High

Investors understand that their principal will be at Very High risk

Mahindra Manulife Aggressive Hybrid Fund

HYBRID AGGRESSIVE HYBRID

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments.

  • Std. Dev : 11.33
  • Alpha : 5.6
  • Beta : 0.88
  • Sharpe : 1.64
  • Sortino : 3.2
  • Profile

    Rahul Pal

    Mr. Pal is a B.Com (H) and Chartered Accountant.

    Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

  • Profile

    Fatema Pacha

    Ms. Pacha has done PGDBM (Finance) and BE (Computers)

    Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

  • Profile

    Manish Lodha

    Mr. Lodha is a Chartered Accountant and Company Secretary

    Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund

# SCHEMES

19

See all schemes

TOTAL AUM:

₹10,262 Crs

As on Jun 30, 2023

  • Phone: 022-66327900
  • Address: 1st Floor -
    Sadhana House,
    570 - P.B. Marg, Worli,
    Mumbai, 400018

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Frequently Asked questions

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

How are the returns of Mahindra Manulife Aggressive Hybrid Fund ?

The Mahindra Manulife Aggressive Hybrid Fund is a 4 yrs 1 m old fund and has delivered average annual returns of 19.92% since inception.

Mahindra Manulife Aggressive Hybrid Fund Returns

1-Year3-YearSince Inception
15.27%23.5%19.92%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Mahindra Manulife Aggressive Hybrid Fund for Aug 11, 2023 is 20.93.

Mahindra Manulife Aggressive Hybrid Fund has an ET Money Rank of # 3 of 29 and a consistency rating of 5.

This indicates the fund has not only delivered solid returns in the past but has done so with exceptional consistency. All this means Mahindra Manulife Aggressive Hybrid Fund can be a good addition to your portfolio.

On ET Money, Investing in Mahindra Manulife Aggressive Hybrid Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Mahindra Manulife Aggressive Hybrid Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Mahindra Manulife Aggressive Hybrid Fund is 0.63%. .

Redeeming your investments in Mahindra Manulife Aggressive Hybrid Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Aggressive Hybrid Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Mahindra Manulife Aggressive Hybrid Fund is ₹770 Crs.

The Mahindra Manulife Aggressive Hybrid Fund's equity portion has been invested in the stocks of the following companies

CompanyPercentage of Portfolio
HDFC Bank Ltd.6.31%
ICICI Bank Ltd.6.27%
Reliance Industries Ltd.4.46%
State Bank of India4.13%
Infosys Ltd.3.66%
Tata Consultancy Services Ltd.2.5%
Axis Bank Ltd.2.18%
Larsen & Toubro Ltd.2.14%
Ultratech Cement Ltd.1.93%
Bharti Airtel Ltd.1.78%

The Mahindra Manulife Aggressive Hybrid Fund's equity portion is primarily invested in the following sectors -

SectorPercentage of Portfolio
Financial22.24%
Technology7.64%
Capital Goods5.47%
Consumer Staples4.8%
Unclassified4.46%
Automobile4.33%
Metals & Mining3.78%
Materials3.33%
Healthcare3.28%
Services3.2%

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mahindra Manulife Aggressive Hybrid Fund's debt portion's allocation by credit quality is given below
Credit QualityPercentage of Portfolio
SOV11.98%
AAA4.81%
A1+3.18%

The top 3 debt holdings of Mahindra Manulife Aggressive Hybrid Fund are as follows

Holding NamePercentage of Portfolio
GOI11.98%
Small Industries Devp. Bank of India Ltd.1.9%
Rural Electrification Corpn. Ltd.1.31%