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Top Mahindra Manulife Mutual Funds - SIP Schemes, Performance, Returns 2025

Mahindra Manulife Investment Management Private Limited manages assets under management (AUM) exceeding ₹15,000 cr as of Q2 FY 2025. In this article, we will explore a comprehensive list of Mahindra Manulife mutual funds in India, including their real-time performance and market insights.

Top Mahindra Manulife Mutual Funds in 2025

Top Mahindra Manulife Mutual Funds in India (2025)

Here's the list of top Mahindra Manulife mutual funds across equity, debt, hybrid funds offered by Mahindra Manulife Investment Management Private Ltd.

Created by

@82600328260032

Showing 1 - 20 of 25 results

last updated at 11:00 PM IST 
NameMFs (25)Sub CategorySub CategoryPlanPlanAUMAUMAMCAMCNAVNAVAbsolute Returns - 3MAbsolute Ret. - 3MAbsolute Returns - 1YAbsolute Ret. - 1YCAGR 3YCAGR 3YExpense RatioExpense RatioExit LoadExit LoadVolatilityVolatilitySharpe RatioSharpe Ratio
1.Mahindra Manulife Multi Cap Fund
Mahindra Manulife Multi Cap Fund
Multi Cap Fund
Multi Cap Fund
Growth
Growth
6,055.38
6,055.38
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.44
5.44
10.62
10.62
21.34
21.34
0.40
0.40
1.00
1.00
15.29
15.29
0.50
0.50
2.Mahindra Manulife Mid Cap Fund
Mahindra Manulife Mid Cap Fund
Mid Cap Fund
Mid Cap Fund
Growth
Growth
4,192.44
4,192.44
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
6.26
6.26
7.28
7.28
25.88
25.88
0.46
0.46
1.00
1.00
15.73
15.73
0.28
0.28
3.Mahindra Manulife Small Cap Fund
Mahindra Manulife Small Cap Fund
Small Cap Fund
Small Cap Fund
Growth
Growth
4,065.07
4,065.07
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.69
5.69
4.16
4.16
-
-
0.43
0.43
1.00
1.00
17.86
17.86
0.14
0.14
4.Mahindra Manulife Large & Mid Cap Fund
Mahindra Manulife Large & Mid Cap Fund
Large & Mid Cap Fund
Large & Mid Cap Fund
Growth
Growth
2,783.80
2,783.80
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.64
5.64
8.73
8.73
18.40
18.40
0.46
0.46
1.00
1.00
15.18
15.18
0.37
0.37
5.Mahindra Manulife Focused Fund
Mahindra Manulife Focused Fund
Focused Fund
Focused Fund
Growth
Growth
2,207.79
2,207.79
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.96
5.96
9.44
9.44
20.61
20.61
0.40
0.40
1.00
1.00
12.60
12.60
0.47
0.47
6.Mahindra Manulife Aggressive Hybrid Fund
Mahindra Manulife Aggressive Hybrid Fund
Aggressive Hybrid Fund
Aggressive Hybrid Fund
Growth
Growth
1,969.84
1,969.84
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
4.10
4.10
11.04
11.04
18.38
18.38
0.46
0.46
1.00
1.00
9.72
9.72
0.77
0.77
7.Mahindra Manulife Flexi Cap Fund
Mahindra Manulife Flexi Cap Fund
Flexi Cap Fund
Flexi Cap Fund
Growth
Growth
1,524.48
1,524.48
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.32
5.32
10.80
10.80
18.52
18.52
0.43
0.43
1.00
1.00
12.65
12.65
0.61
0.61
8.Mahindra Manulife Business Cycle Fund
Mahindra Manulife Business Cycle Fund
Thematic Fund
Thematic Fund
Growth
Growth
1,285.41
1,285.41
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
7.80
7.80
8.67
8.67
-
-
0.49
0.49
1.00
1.00
14.38
14.38
0.44
0.44
9.Mahindra Manulife Liquid Fund
Mahindra Manulife Liquid Fund
Liquid Fund
Liquid Fund
Growth
Growth
1,044.57
1,044.57
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
1.47
1.47
6.76
6.76
7.12
7.12
0.15
0.15
0.01
0.01
0.10
0.10
3.81
3.81
10.Mahindra Manulife ELSS Tax Saver Fund
Mahindra Manulife ELSS Tax Saver Fund
Equity Linked Savings Scheme (ELSS)
Equity Linked Savings Scheme (ELSS)
Growth
Growth
970.35
970.35
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.09
5.09
10.83
10.83
16.25
16.25
0.60
0.60
-
-
12.51
12.51
0.62
0.62
11.Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Balanced Advantage Fund
Balanced Advantage Fund
Balanced Advantage Fund
Growth
Growth
940.44
940.44
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
4.28
4.28
8.51
8.51
14.53
14.53
0.53
0.53
1.00
1.00
8.96
8.96
0.52
0.52
12.Mahindra Manulife Manufacturing Fund
Mahindra Manulife Manufacturing Fund
Thematic Fund
Thematic Fund
Growth
Growth
799.19
799.19
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
5.63
5.63
8.98
8.98
-
-
0.72
0.72
0.50
0.50
14.79
14.79
0.42
0.42
13.Mahindra Manulife Multi Asset Allocation Fund
Mahindra Manulife Multi Asset Allocation Fund
Multi Asset Allocation Fund
Multi Asset Allocation Fund
Growth
Growth
764.15
764.15
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
10.01
10.01
21.21
21.21
-
-
0.36
0.36
0.50
0.50
7.92
7.92
1.99
1.99
14.Mahindra Manulife Large Cap Fund
Mahindra Manulife Large Cap Fund
Large Cap Fund
Large Cap Fund
Growth
Growth
737.93
737.93
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
4.47
4.47
10.06
10.06
15.41
15.41
0.64
0.64
1.00
1.00
11.88
11.88
0.58
0.58
15.Mahindra Manulife Low Duration Fund
Mahindra Manulife Low Duration Fund
Low Duration Fund
Low Duration Fund
Growth
Growth
613.76
613.76
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
1.64
1.64
7.96
7.96
7.82
7.82
0.30
0.30
-
-
0.47
0.47
8.13
8.13
16.Mahindra Manulife Value Fund
Mahindra Manulife Value Fund
Value Fund
Value Fund
Growth
Growth
589.82
589.82
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
7.68
7.68
-
-
-
-
0.49
0.49
0.50
0.50
13.06
13.06
1.78
1.78
17.Mahindra Manulife Consumption Fund
Mahindra Manulife Consumption Fund
Sectoral Fund - Consumption
Sectoral Fund - Consumption
Growth
Growth
563.32
563.32
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
4.30
4.30
6.78
6.78
17.57
17.57
0.63
0.63
1.00
1.00
13.54
13.54
0.27
0.27
18.Mahindra Manulife Equity Savings Fund
Mahindra Manulife Equity Savings Fund
Equity Savings
Equity Savings
Growth
Growth
544.25
544.25
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
4.06
4.06
9.22
9.22
11.53
11.53
0.71
0.71
1.00
1.00
4.69
4.69
1.10
1.10
19.Mahindra Manulife Banking & Financial Services Fund
Mahindra Manulife Banking & Financial Services Fund
Sectoral Fund - Banks & Financial Services
Sectoral Fund - Banks & Financial Services
Growth
Growth
348.20
348.20
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
7.33
7.33
-
-
-
-
0.55
0.55
0.50
0.50
8.53
8.53
1.56
1.56
20.Mahindra Manulife Ultra Short Duration Fund
Mahindra Manulife Ultra Short Duration Fund
Ultra Short Duration Fund
Ultra Short Duration Fund
Growth
Growth
211.72
211.72
Mahindra Manulife Investment Management Private Limited
Mahindra Manulife Investment Management Private Limited
1.54
1.54
7.41
7.41
7.49
7.49
0.28
0.28
-
-
0.34
0.34
9.59
9.59

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.

Selection criteria: AMC: Mahindra Manulife Investment Management Private Limited | AUM: Sorted from Highest to Lowest

What are Mahindra Manulife Mutual Funds?

Mahindra Manulife Mutual Funds is a leading asset management company in India, offering a wide range of investment solutions across equity, debt, hybrid, and sectoral funds. The company is a joint venture between Mahindra Financial Services and Manulife Financial Corporation, with a strong focus on delivering consistent returns through carefully managed portfolios.

Key Information About Mahindra Manulife Investment Management Private Limited

Here are the key details about Mahindra Manulife Investment Management Private Limited-

Category Details
Company Name Mahindra Manulife Investment Management Pvt Ltd
Founded 1997
Ownership Joint venture between Mahindra Financial Services and Manulife Financial Corporation
Assets Under Management (AUM) ₹15,000 cr (as of Q2 FY 2025)
Headquarters Mumbai, Maharashtra, India
Products Offered Equity Funds, Debt Funds, Hybrid Funds, Sectoral Funds
Key Management Nilesh Shah (Managing Director)
Regulatory Authority SEBI (Securities and Exchange Board of India)
Mutual Fund Schemes Mahindra Mutual Fund offers over 20 schemes across different asset classes
Distribution Network Available through direct and regular plans, with access via platforms, brokers, and financial advisors
Sustainability Initiatives Focus on ESG (Environmental, Social, Governance) criteria in investment choices
Distribution Channels Online platforms, Distributors, Agents, Banks, and Direct Plans

Types of Funds Offered by Mahindra Manulife Mutual Funds

Mahindra Manulife Equity Funds

These equity funds, managed by Mahindra Manulife Mutual Fund, focus on long-term capital appreciation by investing in stocks across various sectors and market capitalisations. As of October 2025, the fund house manages 9 equity schemes, including large-cap funds, mid-cap funds, small-cap funds, flexi-cap funds, thematic fund, and sectoral funds like banking and consumption.

Mahindra Manulife Debt Funds

These debt funds primarily invest in fixed-income instruments like bonds and government securities, aiming to provide stable returns while preserving capital. Mahindra Manulife Mutual Fund manages 6 debt schemes, including liquid funds, short-duration funds, and dynamic bond funds.

Mahindra Manulife Hybrid Funds

Hybrid funds combine equity and debt instruments, providing a balanced approach to investing by offering potential for capital growth and regular income. Mahindra Manulife Mutual Fund offers 4 hybrid schemes, including the Mahindra Manulife Aggressive Hybrid Fund and the Mahindra Manulife Balanced Advantage Fund.

Mahindra Manulife Solution-Oriented Schemes

These funds are designed to help investors achieve specific financial goals such as retirement planning and children’s education. Mahindra Manulife Mutual Fund offers 2 solution-oriented schemes: the Mahindra Manulife Retirement Fund and the Mahindra Manulife Child Education Fund.

Overview Top Mahindra Manulife Mutual Fund Schemes

Mahindra Manulife Multi Cap Fund

Mahindra Manulife Multi Cap Fund invests across large, mid, and small-cap stocks, offering diversified exposure to various market segments. It aims to balance the potential for growth and stability by allocating investments across a wide range of sectors and market capitalisations.

Mahindra Manulife Small Cap Fund

Mahindra Manulife Small Cap Fund focuses on investing in small-cap stocks, which typically have higher growth potential. These stocks can offer higher returns but also come with increased volatility. The fund aims to capitalise on growth opportunities in emerging companies across various sectors.

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mid Cap Fund invests in mid-sized companies with a strong growth outlook. It seeks to capitalise on the potential of mid-cap stocks, which generally offer a balance between stability and growth, benefiting from a larger market presence while still having room to expand.

Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund invests in a blend of large-cap and mid-cap stocks. The fund aims to combine the stability of large-cap stocks with the growth potential of mid-cap stocks, providing diversified exposure to both segments in the Indian equity market.

Mahindra Manulife Focused Fund

Mahindra Manulife Focused Fund concentrates its investments in a smaller number of carefully selected stocks. It focuses on high-conviction opportunities in sectors with potential for substantial growth. The fund offers concentrated exposure, which may result in higher risk and potentially higher returns.

How to Invest in Mahindra Manulife Mutual Funds?

Here’s how you can identify and invest in top Mahindra Manulife Mutual Funds with Tickertape Mutual Fund Screener -

  1. Launch Tickertape Mutual Fund Screener.
  2. Add a filter “AMC” and select “Mahindra Manulife Investment Management Private Ltd”.
  3. Sort out the top Mahindra Manulife mutual funds based on over 50 fundamental and technical filters.
  4. After identifying the Mahindra Manulife mutual funds, that align with your investment thesis, click on “Place Order” to invest the Mahindra Manulife mutual funds.

With Tickertape Mutual Fund Screener, you can invest ‘lumpsum’ or start a ‘SIP’ in Mahindra Manulife mutual funds. Moreover, by connecting your portfolio , you can do a deep analysis of your portfolio and assess its performance.

Top Mahindra Manulife Mutual Fund Managers

Fatema Pacha

Fatema Pacha manages key equity schemes at Mahindra Manulife. With over 17 years of experience, she has worked across equity research and portfolio management at UTI Mutual Fund and ICICI Prudential Life. She focuses on building high-conviction portfolios using a bottom-up approach.

Manish Lodha

Manish Lodha is an equity fund manager with more than two decades in financial services. A Chartered Accountant and Company Secretary, he has managed multi-cap and mid-cap portfolios and brings expertise in fundamental analysis and valuation.

Amit Garg

Amit Garg oversees Mahindra Manulife’s debt funds. With over 15 years in fixed-income markets, he manages duration and credit risk while maintaining steady returns. He is a CFA charterholder and has previously worked with Daiwa Asset Management.

Abhinav Khandelwal

Abhinav Khandelwal co-manages equity funds and contributes to research-driven stock selection. A Chartered Accountant with more than 14 years of experience, he focuses on disciplined, data-backed portfolio construction.

Krishna Sanghavi

Krishna Sanghavi leads Mahindra Manulife’s equity strategies and manages the Focused and Multi Cap Funds. With nearly three decades in finance, he combines experience from insurance and mutual funds to design balanced, high-quality equity portfolios.

Risks Associated with Mahindra Manulife Mutual Funds

Market Risk

When you invest in Mahindra Manulife equity funds like the Multi Cap or Small Cap Fund, you're exposed to market risk. Stock market volatility can cause big swings in value. These funds get particularly shaky during market corrections or when the economy takes a downturn.

Interest Rate Risk

Debt funds, like the Mahindra Manulife Liquid Fund and Mahindra Manulife Dynamic Bond Fund, react to interest rate changes. Here's what happens: when rates go up, existing bond prices drop. That fall affects what the debt fund returns to you.

Credit Risk

This is something to watch out for, especially with debt funds that put money into corporate bonds or other credit instruments. Sometimes an issuer can't make its bond payments. When that happens, it hurts the fund's performance. Lower-rated bonds carry even more of this risk.

Liquidity Risk

You run into liquidity risk when a fund owns assets that are tough to sell without hurting their price. This pops up more often in smaller funds or ones that focus on specific sectors. During market downturns, especially, buyers for these underlying assets can be hard to find.

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Factors to Consider Before Investing in Mahindra Manulife Mutual Funds

Investment Strategy

Every fund follows its own investment strategy. Some zero in on large-cap stocks, others on mid-cap stocks, and some on fixed-income securities. You'll want to understand how the fund manager picks investments and what they do with them. That knowledge helps you figure out how the fund might perform when market conditions change.

Fund Allocation

How does the fund spread its money around? It divides assets across different sectors, market caps, or fixed-income instruments. This split has a big impact on the fund's risk-return profile. Take a good look at whether the fund's asset allocation fits with what you're trying to achieve, how much risk you can stomach, and when you'll need the money.

Expense Ratio

Running a fund costs money—administrative expenses, marketing, and management fees. The expense ratio captures all these costs. Yes, Mahindra Manulife's funds usually have competitive expense ratios. But here's the thing: these costs chip away at your net returns over time. The impact shows up more clearly when you're in it for the long haul.

Diversification

Diversification is one of those fundamental investing principles you can't ignore. Mahindra Manulife Mutual Funds give you different levels of diversification based on which fund you pick. Take equity funds—they might spread investments across multiple sectors. Hybrid funds do something different: they mix equity and debt to balance out risk and return. When you understand how diversified a fund is, you get a clearer picture of what kind of risk you're taking on.

Documents Required to Invest in Mahindra Manulife Mutual Fund

Here are a few documents you may require to invest in Mahindra Manulife Mutual Funds

  1. Know Your Customer (KYC) Compliance
  2. Common Application Form
  3. Proof of Identity (PoI)
  4. Proof of Address (PoA)
  5. Proof of Bank Account
  6. Additional Documents for Specific Categories (e.g., Non-Individuals, HUF, Partnership Firms)
  7. NRI Investors: Overseas Address Proof, Bank Account Proof, FIRC/Banker’s Certificate

Note: For latest details visit Mahindra Manulife’s official AMC website.



Conclusion

Mahindra Manulife Mutual Funds offer a variety of strategies suited to different market conditions. From the volatility of small-cap funds to the stability of debt schemes, each fund type brings its own opportunities and risks. Understanding their investment philosophy, risks, and allocation strategies empowers investors to make well-informed decisions, balancing risk with return. Investors can also utilise tools like the Tickertape Mutual Fund Screener to sort through mutual funds offered by Mahindra Manulife, based on the 50+ filters available for a comparative analysis.

Frequently Asked Questions on Mahindra Manulife Mutual Funds

  1. How to start a Mahindra Manulife mutual fund SIP online?

    Here’s how you can start a SIP in Mahindra Manulife Mutual Funds,

    1. Launch Tickertape Mutual Fund Screener.
    2. Select the Mahindra Manulife Mutual Funds that aligns with your investment goals.
    3. Click on “Place Order” and select the option “SIP”. Enter the SIP amount and confirm “OK”

    Your order will be placed.

  2. How to calculate Mahindra Manulife mutual fund returns?

    Here’s how you can calculate returns on your Mahindra Manulife mutual fund investement -
    Absolute Return = ((Current NAV - Initial NAV) / Initial NAV) * 100

    With this formula you can measure how much your investment has grown in total. Moreover, you can also use Tickertape Mutual Fund Screener to get latest data on the Mahindra Manulife mutual fund’s performance.

  3. Does Mahindra Manulife offer tax-free mutual fund schemes?

    Mahindra Manulife offers tax-saving options, particularly through its Equity Linked Savings Scheme (ELSS). While the returns are subject to long-term capital gains tax, these funds allow investors to claim tax deductions under Section 80C of the Income Tax Act.

    Disclaimer: You can check the latest information about Mahindra Manulife ELSS funds on Tickertape Mutual Fund Screener.

  4. How do I cancel/stop Mahindra Manulife mutual fund SIP?

    To cancel Mahindra Manulife mutual fund SIP, please refer to the official website.

    Disclaimer: Please do your own research or consult your financial advisor before making financial decision.

  5. How to withdraw money from Mahindra Manulife mutual funds?

    Here’s how to withdraw/redeem from Mahindra Manulife mutual fund on Tickertape Mutual Fund Screener -

    1. Step 1 - Select the Mahindra Manulife mutual fund you want to redeem
    2. Step 2 - It will automatically redirect you to smallcase app. There you’ve to login to your smallcase account using your registered email or broker login.
    3. Step 3 - Go to the “Investments” or “Portfolio” tab from the bottom navigation bar.
    4. Step 4 - Find the Mahindra Manulife mutual fund you want to withdraw under “Mutual Funds” section (or “My Investments”),
    5. Step 5 - Tap on the mutual fund name to open its details page.
    6. Step 6 - Choose the ‘Redeem’ option. It will start the withdrawal process.
    7. Step 7 - Select withdrawal type - By Amount, By Units, or Full Redemption.
    8. Step 8 - Confirm your bank account details.
    9. Step 9 - Tap on ‘Redeem’ / ‘Confirm’ to confirm redemption.

  6. What are the redemption charges of the Mahindra Manulife mutual funds?

    Mahindra Manulife mutual funds do not levy any redemption charges. However, an exit load may apply if units are redeemed within a specified period from the date of investment. You can check the latest specific scheme details for charges on Tickertape Mutual Fund Screener.

  7. Which are the top-performing Mahindra Manulife mutual funds?

    Here are the top Mahindra Manulife mutual funds based on their 5Y CAGR:

    1. Mahindra Manulife Mid Cap Fund
    2. Mahindra Manulife Multi Cap Fund
    3. Mahindra Manulife Large & Mid Cap Fund
    4. Mahindra Manulife ELSS Tax Saver Fund
    5. Mahindra Manulife Aggressive Hybrid Fund

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. How to increase the SIP amount in Mahindra Manulife mutual funds?

    You can do it from your broker account or from Mahindra Manulife mutual fund official website.

  9. How to choose the best Mahindra Manulife mutual funds before investing?

    Here’s how to choose the best Mahindra Manulife mutual fund for investing -

    1. Assess your risk tolerance.
    2. Analyse the fund’s performance on Tickertape Mutual Fund Screener.
    3. Compare the expense ratio.
    4. Evaluate portfolio diversification across sectors, market caps, and asset classes.
    5. Understand tax implications as equity and debt funds are taxed differently.
    6. Check for exit load and lock-in period.


    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.