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Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan is ₹11.31.
It is better to invest in a fund with a longer track record as Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 500, as the Funds portfolio is similar to its benchmark.
Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan fund’s expense ratio is 0.42%
The process for redemption is
The AUM of Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan is currently ₹498 Crores.
The Top three stocks are NTPC, SBI and ICICI Bank and account for 4% of its portfolio. Top 5 and 10 stocks of fund account for 7% and 13% of fund’s portfolio respectively.
Top three sectors of Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan fund are Others, BFSI and Miscellaneous accounting for 67% of the total portfolio.
Since this is a Hybrid - Multi Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan Fund is Hybrid - Multi Asset Allocation.
Renjith Sivaram and Rahul Pal manage the Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan Fund.
Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan current PE ratio is 36.48 and PB ratio is 5.43
The asset allocation of Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan is Stocks : 39.88%, Debt : 42.76% and Gold : 17.37%
The minimum SIP amount for Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00
The exit load for Mahindra Manulife Multi Asset Allocation Fund - Growth - Direct Plan is 0.50% on or before 3 months, Nil after 3 months