Mahindra Manulife Mid Cap Fund - Direct Plan - IDCW

Open Ended Schemes(Equity Scheme - Mid Cap Fund)Very High Risk★★★★★vs Nifty Midcap 150 TR 17 BenchmarkISIN INF174V01523

NAV · 06-Jul-2026

₹31.9103

+4.32%

+1.66%

1Y (CAGR)

+4.12%

3Y (CAGR)

+18.45%

5Y (CAGR)

+13.58%

Since inception (CAGR)

+15.65%

NAV history

hover for values

Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

17.49%

Downside dev (3y)

15.39%

Max drawdown (3y)

-22.1%

Sharpe (3y)

0.68

SIP XIRR (3y)

+8.97%

SIP XIRR (5y)

+14.13%

Calendar-year returns

2020 +20.7%2021 +48.1%2022 -3.9%2023 +40.6%2024 +26.0%2025 -1.2%

Vs benchmark — Nifty Midcap 150

3y monthly · 36 months of overlap

Beta

0.99

Alpha (p.a.)

-0.83%

Up capture

97.9%

Down capture

102.7%

Correlation

0.97

Fund facts

Fund managerKrishna Sanghavi · Neelesh Dhamnaskar · Kirti Dalvi

AUM₹48,656 Cr

Expense ratio0.42% · 2026-05-31

TER · AMFI officialDirect 0.74% · Regular 2.09% (2026-06-30)

Launch date08-Jan-2018

Plan typeOpen Ended · Equity

Min lumpsum₹1,000

Min SIP₹500

Lock-inNone

Volatility17.59

AMCMahindra Manulife Investment Management Pvt Ltd

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

scheme documents ↗