Mahindra Manulife Flexi Cap Fund is a Flexi Cap fund run by Mahindra Manulife Mutual Fund. On 30-09-2026, it managed ₹1,510 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.3% a year and its Regular plan returned 7.5% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.
NAV (Direct plan)
₹16.37
▼ 0.41% · 30-10-2026
NAV (Regular plan)
₹14.93
▼ 0.41% · 30-10-2026
Expense ratio
1.00%Direct2.49%Regular
1.00%
A year
Riskometer
Very High
Set by the fund house
3 year return
9.3%Direct7.5%Regular
9.3%
A year
Mahindra Manulife Flexi Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹16.37 (down 0.41% that day); Regular Plan Growth ₹14.93 (down 0.41% that day).
This fund (Direct plan)
₹16.3717
Mahindra Manulife Flexi Cap Fund Returns vs Nifty 500 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−2.66%
−5.60%
−3.28%
−8.56%
+9.29%
+9.80%
--
This fund (Regular)
−2.78%
−5.95%
−4.02%
−9.97%
+7.52%
+7.89%
--
Nifty 500 TRI
−0.75%
−6.05%
−2.83%
−7.34%
+10.22%
+8.81%
+12.51%
Flexi Cap average
−1.62%
−4.17%
+1.00%
−3.58%
+12.37%
+10.04%
--
Best in Flexi Cap
+0.85%
−0.17%
+8.85%
+6.40%
+18.32%
+15.53%
--
Worst in Flexi Cap
−6.55%
−8.89%
−7.46%
−10.21%
+6.61%
+3.93%
--
Rank in Flexi Cap
33/46
33/44
40/44
39/42
29/36
12/27
--
Category rows compare the Direct plans of 46 Flexi Cap funds. Rank 1 is the highest return.
Mahindra Manulife Flexi Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 500 TRI
2026to date
−8.94%
−10.10%
−7.51%
2025
+8.59%
+6.84%
+7.76%
2024
+16.60%
+14.64%
+16.24%
2023
+33.23%
+30.91%
+26.91%
2022
+3.48%
+1.37%
+4.25%
Mahindra Manulife Flexi Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 539 periods, one for each trading day from 26-08-2024 to 30-10-2026.
0%5%10%15%20%25%
Mahindra Manulife Flexi Cap Fund (Direct)
Nifty 500 TRI
Oct 2021 to Oct 2024Mar 2022 to Mar 2025Jul 2022 to Jul 2025Dec 2022 to Dec 2025Apr 2023 to Apr 2026Aug 2023 to Aug 2026
Mahindra Manulife Flexi Cap Fund (Direct)Nifty 500 TRI
0%
0%
Below 0%
0%
0%
0-5%
5%
4%
5-10%
20%
35%
10-15%
59%
56%
15-20%
16%
5%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,029
9.2%
−10.9%
44.7%
14%
8.3%
68%
2 years
782
18.3%
−3.5%
35.2%
5%
17.3%
82%
3 years
539
17.6%
8.1%
24.6%
0%
15.5%
79%
5 years
45
10.7%
9.0%
12.1%
0%
9.3%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
51
11.1%
−15.6%
46.7%
16%
10.2%
57%
2 years
39
15.3%
−6.0%
38.5%
8%
13.9%
85%
3 years
27
16.0%
1.6%
29.8%
0%
14.4%
81%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.
Mahindra Manulife Flexi Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Mahindra Manulife Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
−8.56%
−7.34%
Standard deviation
13.74%
14.48%
Sharpe ratio
-1.00
-0.87
Sortino ratio
-1.33
-1.16
Maximum drawdown
−14.8%
(31-03-2026)
−14.7%
(30-03-2026)
Beta
0.94
1.00
Alpha
−1.99%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mahindra Manulife Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+9.29%
+10.22%
Standard deviation
13.52%
14.30%
Sharpe ratio
0.24
0.29
Sortino ratio
0.33
0.40
Maximum drawdown
−16.9%
(28-02-2025)
−18.6%
(28-02-2025)
Beta
0.93
1.00
Alpha
−0.63%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mahindra Manulife Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+9.80%
+8.81%
Standard deviation
13.80%
14.36%
Sharpe ratio
0.29
0.21
Sortino ratio
0.39
0.28
Maximum drawdown
−17.2%
(20-06-2022)
−18.6%
(28-02-2025)
Beta
0.94
1.00
Alpha
+1.16%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Mahindra Manulife Flexi Cap Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+9.96%
+9.96%
Standard deviation
13.66%
14.28%
Sharpe ratio
0.31
0.30
Sortino ratio
0.42
0.40
Maximum drawdown
−17.2%
(20-06-2022)
−18.6%
(28-02-2025)
Beta
0.94
1.00
Alpha
+0.27%
0.00%
From daily NAVs, 25-08-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−20%−15%−10%−5%0%
Mahindra Manulife Flexi Cap Fund (Direct)
Nifty 500 TRI
20222023202420252026
Mahindra Manulife Flexi Cap Fund (Direct)Nifty 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Mahindra Manulife Flexi Cap Fund (Direct)
−17.2%
17-01-2022
20-06-2022
12-09-2022
3 months
−10.1%
Nifty 500 TRI
−18.6%
26-09-2024
28-02-2025
Not yet
--
−8.8%
From the Direct plan's daily NAV since 25-08-2021, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Mahindra Manulife Flexi Cap Fund vs Other Flexi Cap Funds
The five Flexi Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Mahindra Manulife Flexi Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Flexi Cap median
Cost rank (1 = cheapest)
Direct
0.52%
0.13%
0.01%
0.34%
1.00%
0.96%
25/46
Regular
1.83%
0.13%
0.01%
0.52%
2.49%
2.19%
34/46
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Flexi Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−9.97%
−8.56%
1.41%
₹90,030
₹91,440
3 years
7.52%
9.29%
1.77% a year
₹1,24,299
₹1,30,539
5 years
7.89%
9.80%
1.91% a year
₹1,46,186
₹1,59,592
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Mahindra Manulife Flexi Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 25-08-2021 to 30-10-2026: 63 instalments, ₹6,30,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planMahindra Manulife Flexi Cap Fund (Direct)
₹6,30,000
₹7,77,422
₹1,47,422
8.0%
Regular planMahindra Manulife Flexi Cap Fund (Regular)
₹6,30,000
₹7,39,767
₹1,09,767
6.1%
Nifty 500 TRI
₹6,30,000
₹7,71,561
₹1,41,561
7.7%
Category averageCategory average, 46 Flexi Cap funds
₹6,30,000
₹8,24,761
₹1,94,761
10.2%
₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L
Direct planMahindra Manulife Flexi Cap Fund (Direct)
Regular planMahindra Manulife Flexi Cap Fund (Regular)
Nifty 500 TRI
Category averageCategory average, 46 Flexi Cap funds
Amount invested
20222023202420252026
Direct planMahindra Manulife Flexi Cap Fund (Direct)Regular planMahindra Manulife Flexi Cap Fund (Regular)Nifty 500 TRICategory averageCategory average, 46 Flexi Cap fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Mahindra Manulife Flexi Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
96.8%Equity
Asset
Fund
Category
Equity
96.8%
94.3%
Cash and others
3.2%
4.6%
Market cap of stocks
Market cap
Fund
Category
Large Cap
51.4%
51.2%
Mid Cap
21.8%
19.0%
Small Cap
23.0%
21.9%
Not on AMFI's list
0.7%
1.9%
Share of the whole fund. Category: the average of the Flexi Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Mahindra Manulife Flexi Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks22.0%
Pharmaceuticals & Biotechnology9.7%
Retailing6.2%
Industrial Products4.8%
Finance4.8%
IT - Software4.1%
Automobiles3.7%
Construction3.5%
Telecom - Services3.4%
Healthcare Services3.2%
The ten largest of 31 sectors. The other 21 add up to 31.4%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
22.4%
22.2%
22.0%
−0.4%
Pharmaceuticals & Biotechnology
6.9%
8.2%
9.7%
+2.8%
Retailing
7.4%
6.3%
6.2%
−1.2%
Industrial Products
4.3%
4.4%
4.8%
+0.5%
Finance
6.1%
6.4%
4.8%
−1.3%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Mahindra Manulife Flexi Cap Fund Portfolio Holdings
As on 30-09-2026 · 72 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
ICICI Bank Limited
Banks
6.44%
−20.5%
HDFC Bank Limited
Banks
3.93%
0.0%
Axis Bank Limited
Banks
2.55%
+23.6%
Eternal Limited
Retailing
2.50%
+14.3%
Bharti Airtel Limited
Telecom - Services
2.49%
−20.7%
Bajaj Finance Ltd
Finance
2.38%
−23.3%
Larsen & Toubro Limited
Construction
2.02%
−11.0%
Kotak Mahindra Bank Ltd
Banks
1.92%
−12.0%
The Federal Bank Limited
Banks
1.91%
+17.4%
Reliance Industries Limited
Petroleum Products
1.81%
0.0%
UNO Minda Limited
Auto Components
1.74%
−3.0%
Divi's Laboratories Limited
Pharmaceuticals & Biotechnology
1.72%
New
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
1.69%
+17.8%
Adani Ports and Special Economic Zone Limited
Transport Infrastructure
1.67%
0.0%
Titan Company Limited
Consumer Durables
1.60%
+47.6%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
1.56%
0.0%
TVS Motor Company Limited
Automobiles
1.53%
−18.8%
RBL Bank Limited
Banks
1.52%
0.0%
Tech Mahindra Limited
IT - Software
1.50%
0.0%
IndusInd Bank Limited
Banks
1.50%
−16.6%
Engineers India Limited
Construction
1.50%
0.0%
Multi Commodity Exchange of India Limited
Capital Markets
1.46%
+17.5%
Dr. Lal Path Labs Limited
Healthcare Services
1.40%
+21.7%
Cochin Shipyard Limited
Industrial Manufacturing
1.35%
0.0%
Oil & Natural Gas Corporation Limited
Oil
1.35%
0.0%
Coforge Limited
IT - Software
1.34%
0.0%
LG Electronics India Ltd
Consumer Durables
1.33%
+23.4%
Ujjivan Small Finance Bank Limited
Banks
1.32%
New
Cartrade Tech Limited
Retailing
1.29%
New
Neuland Laboratories Limited
Pharmaceuticals & Biotechnology
1.27%
0.0%
Zydus Lifesciences Limited
Pharmaceuticals & Biotechnology
1.25%
+13.2%
Persistent Systems Ltd
IT - Software
1.22%
0.0%
Clean Max Enviro Energy Solutions Limited
Power
1.22%
New
Acme Solar Holdings Ltd
Power
1.22%
0.0%
Polycab India Limited
Industrial Products
1.21%
0.0%
Shriram Finance Limited
Finance
1.18%
0.0%
Carborundum Universal Limited
Industrial Products
1.16%
0.0%
Bajaj Auto Limited
Automobiles
1.16%
0.0%
Anthem Biosciences Limited
Pharmaceuticals & Biotechnology
1.13%
0.0%
Acutaas Chemicals Limited
Pharmaceuticals & Biotechnology
1.12%
0.0%
NMDC Limited
Minerals & Mining
1.12%
0.0%
Jubilant Ingrevia Limited
Chemicals & Petrochemicals
1.09%
0.0%
Aarti Industries Limited
Chemicals & Petrochemicals
1.06%
0.0%
Trent Limited
Retailing
1.05%
−18.2%
Astral Limited
Industrial Products
1.05%
+29.0%
Smartworks Coworking Spaces Ltd
Commercial Services & Supplies
1.05%
+99.9%
Aster DM Quality Care Limited
Healthcare Services
1.03%
+28.8%
Suzlon Energy Limited
Electrical Equipment
1.02%
+30.0%
Maruti Suzuki India Limited
Automobiles
1.01%
−21.6%
Grasim Industries Limited
Cement & Cement Products
1.01%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
0.99%
New
Varun Beverages Ltd
Beverages
0.97%
0.0%
Titagarh Rail Systems Limited
Industrial Manufacturing
0.96%
+17.5%
Tata Steel Limited
Ferrous Metals
0.96%
0.0%
InterGlobe Aviation Limited
Transport Services
0.92%
0.0%
Bandhan Bank Limited
Banks
0.89%
0.0%
Vodafone Idea Limited
Telecom - Services
0.89%
0.0%
Belrise Industries Ltd.
Auto Components
0.85%
0.0%
MTAR Technologies Limited
Electrical Equipment
0.83%
0.0%
Adani Enterprises Limited
Metals & Minerals Trading
0.82%
0.0%
Elgi Equipments Limited
Industrial Products
0.81%
+11.9%
Radico Khaitan Limited
Beverages
0.78%
0.0%
Vishal Mega Mart Limited
Retailing
0.77%
0.0%
Doms Industries Limited
Household Products
0.73%
0.0%
Manipal Health Enterprises Ltd
Healthcare Services
0.73%
+83.5%
Piramal Finance Limited
Finance
0.72%
+50.9%
Kirloskar Oil Engines Limited
Industrial Products
0.61%
0.0%
Arvind Fashions Limited
Retailing
0.58%
0.0%
Tata Capital Limited
Finance
0.53%
−59.4%
Schaeffler India Limited
Auto Components
0.52%
0.0%
One 97 Communications Limited
Financial Technology (Fintech)
0.51%
New
K.P.R. Mill Limited
Textiles & Apparels
0.50%
0.0%
Mahindra Manulife Flexi Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Limited
↓Reduced
−20.5%
6.44%
Bajaj Finance Ltd
↓Reduced
−23.3%
2.38%
Bharti Airtel Limited
↓Reduced
−20.7%
2.49%
Axis Bank Limited
↑Added
+23.6%
2.55%
Eternal Limited
↑Added
+14.3%
2.50%
Larsen & Toubro Limited
↓Reduced
−11.0%
2.02%
Kotak Mahindra Bank Ltd
↓Reduced
−12.0%
1.92%
IndusInd Bank Limited
↓Reduced
−16.6%
1.50%
The Federal Bank Limited
↑Added
+17.4%
1.91%
TVS Motor Company Limited
↓Reduced
−18.8%
1.53%
UNO Minda Limited
↓Reduced
−3.0%
1.74%
Divi's Laboratories Limited
↑New
New
1.72%
Torrent Pharmaceuticals Limited
↑Added
+17.8%
1.69%
Titan Company Limited
↑Added
+47.6%
1.60%
Multi Commodity Exchange of India Limited
↑Added
+17.5%
1.46%
Dr. Lal Path Labs Limited
↑Added
+21.7%
1.40%
Tata Capital Limited
↓Reduced
−59.4%
0.53%
Info Edge India Ltd
↓Sold out
−100%
was 1.39%
Maruti Suzuki India Limited
↓Reduced
−21.6%
1.01%
Trent Limited
↓Reduced
−18.2%
1.05%
LG Electronics India Ltd
↑Added
+23.4%
1.33%
Ujjivan Small Finance Bank Limited
↑New
New
1.32%
Cartrade Tech Limited
↑New
New
1.29%
Zydus Lifesciences Limited
↑Added
+13.2%
1.25%
Clean Max Enviro Energy Solutions Limited
↑New
New
1.22%
Tata Power Company Limited
↓Sold out
−100%
was 1.12%
Godrej Properties Limited
↓Sold out
−100%
was 1.09%
Astral Limited
↑Added
+29.0%
1.05%
Smartworks Coworking Spaces Ltd
↑Added
+99.9%
1.05%
Aster DM Quality Care Limited
↑Added
+28.8%
1.03%
Suzlon Energy Limited
↑Added
+30.0%
1.02%
Hindustan Aeronautics Limited
↑New
New
0.99%
Titagarh Rail Systems Limited
↑Added
+17.5%
0.96%
Voltas Limited
↓Sold out
−100%
was 0.91%
Crompton Greaves Consumer Electricals Limited
↓Sold out
−100%
was 0.89%
Elgi Equipments Limited
↑Added
+11.9%
0.81%
Manipal Health Enterprises Ltd
↑Added
+83.5%
0.73%
Piramal Finance Limited
↑Added
+50.9%
0.72%
Mankind Pharma Limited
↓Sold out
−100%
was 0.63%
One 97 Communications Limited
↑New
New
0.51%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Mahindra Manulife Flexi Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.00%
Expense ratio (Regular)
2.49%
Category
Flexi Cap
Risk
Very High
Benchmark
Nifty 500 TRI
Launch date
23-08-2021
Minimum investment
₹1,000
Minimum additional investment
₹1,000
AUM
₹1,509.58 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
149104
ISIN (Direct)
INF174V01AS2
Scheme code (Regular)
149101
ISIN (Regular)
INF174V01AP8
NAV history
From 25-08-2021, 5.2 years
Exit load
Exit load 1% if redeemed within 3 months.
Tax on Mahindra Manulife Flexi Cap Fund returns
Mahindra Manulife Flexi Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹16.3717
30-10-2026
direct
IDCW
₹13.1808
30-10-2026
regular
Growth
₹14.9329
30-10-2026
regular
IDCW
₹11.8213
30-10-2026
About Mahindra Manulife Flexi Cap Fund
Mahindra Manulife Flexi Cap Fund is a mutual fund from Mahindra Manulife Mutual Fund. Its category is Flexi Cap. It was launched on 23-08-2021. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 72 securities.
Fund Manager
$ Mr. Neelesh Dhamnaskar
Fund manager of Mahindra Manulife Flexi Cap Fund, since 16-02-2026
Kirti Dalvi
Fund manager of Mahindra Manulife Flexi Cap Fund, since 21-07-2026
Frequently Asked Questions for Mahindra Manulife Flexi Cap Fund
What is the current NAV of Mahindra Manulife Flexi Cap Fund?
The Direct plan NAV is ₹16.3717. The Regular plan NAV is ₹14.9329, as on 30-10-2026.
What are the returns of Mahindra Manulife Flexi Cap Fund?
The Direct plan returned −8.56% in 1 year, +9.29% a year over 3 years, +9.80% a year over 5 years. The Regular plan returned −9.97% in 1 year, +7.52% a year over 3 years, +7.89% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Mahindra Manulife Flexi Cap Fund?
The Direct plan charges 1.00% a year. The Regular plan charges 2.49% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Mahindra Manulife Flexi Cap Fund?
Mahindra Manulife Flexi Cap Fund managed ₹1,509.58 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Mahindra Manulife Flexi Cap Fund?
At the end of September 2026 the largest holdings were ICICIBANK (6.44%), HDFCBANK (3.93%), AXISBANK (2.55%), ETERNAL (2.50%), BHARTIARTL (2.49%). The fund held 72 securities in all.
What did Mahindra Manulife Flexi Cap Fund buy and sell in September 2026?
It bought 6 new stocks: Hindustan Aeronautics Limited, Cartrade Tech Limited, Divi's Laboratories Limited, Ujjivan Small Finance Bank Limited, Clean Max Enviro Energy Solutions Limited. It sold out of 6: Voltas Limited, Tata Power Company Limited, Crompton Greaves Consumer Electricals Limited, Godrej Properties Limited, Mankind Pharma Limited. It added shares in 17. It reduced 11.
How do I invest in Mahindra Manulife Flexi Cap Fund?
Through Mahindra Manulife Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.
Who is the fund manager of Mahindra Manulife Flexi Cap Fund?
$ Mr. Neelesh Dhamnaskar (since 16-02-2026), Kirti Dalvi (since 21-07-2026).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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