Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth | Mahindra Manulife Banking & Financial Services Fund - Direct Plan NAV Today [10.31], Performance & History

Equity Sectoral Thematic Direct

Regular

Direct

1 Year Absolute Returns

NAV (₹) on 09 Mar 2026

10.31

1 Day NAV Change

-2.21%

Risk Level

Very High Risk

Rating

Mahindra Manulife Banking & Financial Services Fund - Direct Plan is a Equity mutual fund categorized under Sector, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 27 Jun ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

27 Jun 2025

Min. Lumpsum Amount

₹ 1,000

Fund Age

0 Yrs

AUM

₹ 404.91 Cr.

Benchmark

Nifty Financial Services Total Return

Expense Ratio

0.55%

Scheme Type

Open Ended

Exit Load

0.50%

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	-	-	-	-
Category returns	-3.40%	7.20%	7.47%	23.94%

Fund Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the banking and financial services ... Read more

AMC Details

Name

Mahindra Manulife Investment Management Pvt. Ltd.

Date of Incorporation

04 Feb 2016

CEO

Mr. Anthony Heredia

CIO

Mr. Rahul Pal, Mr. Krishna Sanghavi

Type

Pvt.Sector-Joint Venture (Indian)

Address

1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai, Maharashtra, India - 400018

Website

http://www.mahindramutualfund.com

[email protected]

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Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Tata Ethical Fund - Direct Plan Sector Direct	₹223.87	1.56%	32.98%	70.86%	₹3,762	0.71%	Very High
Tata Ethical Fund - Direct Plan Sector Direct	₹223.87	1.56%	32.98%	70.86%	₹3,762	0.71%	Very High
Tata Ethical Fund - Direct Plan Sector Direct	₹407.80	1.56%	32.98%	70.91%	₹3,762	0.71%	Very High
Sundaram Financial Services Opportunities Fund - Direct Plan Sector Direct	₹34.33	6.57%	32.73%	37.43%	₹1,676	0.76%	Very High
Sundaram Financial Services Opportunities Fund - Direct Plan Sector Direct	₹34.33	6.57%	32.73%	37.43%	₹1,676	0.76%	Very High
Aditya Birla Sun Life ESG Integration Strategy Fund -... Sector Direct	₹16.05	2.23%	32.10%	49.16%	₹600	1.41%	Very High
Aditya Birla Sun Life ESG Integration Strategy Fund -... Sector Direct	₹16.05	2.23%	32.10%	49.16%	₹600	1.41%	Very High
DSP Natural Resources and New Energy Fund Diversified Regular	₹30.93	17.32%	32.05%	54.34%	₹1,765	2.02%	Very High
DSP Natural Resources and New Energy Fund Diversified Regular	₹30.93	17.32%	32.05%	54.34%	₹1,765	2.02%	Very High
ICICI Prudential Housing Opportunities Fund - Direct Plan Sector Direct	₹14.55	0.28%	32.03%	0.00%	₹2,402	1.19%	Very High

Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Mahindra Manulife Equity Savings Fund Hybrid Regular	₹20.78	7.36%	32.07%	48.16%	₹556	2.36%	Moderate
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹18.43	-1.67%	31.82%	35.72%	₹2,115	1.99%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹18.43	-1.67%	31.82%	35.72%	₹2,115	1.99%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,115	1.99%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,115	1.99%	Very High
Mahindra Manulife Dynamic Bond Fund Income Regular	₹11.38	-1.78%	0.28%	4.13%	₹74	1.60%	Moderate
Mahindra Manulife Dynamic Bond Fund Income Regular	₹11.38	-1.78%	0.28%	4.13%	₹74	1.60%	Moderate
Mahindra Manulife Flexi Cap Fund Diversified Regular	₹13.10	-1.99%	27.42%	0.00%	₹1,549	2.05%	Very High
Mahindra Manulife Flexi Cap Fund Diversified Regular	₹13.10	-1.99%	27.42%	0.00%	₹1,549	2.05%	Very High
Mahindra Manulife Overnight Fund - Direct Plan Liquid Direct	₹1,393.19	5.54%	27.30%	39.32%	₹209	0.09%	Low

FAQs

What is the current NAV of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth?

The current Net Asset Value (NAV) of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth is ₹10.31 as of 09 Mar 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth?

The Assets Under Management (AUM) of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth is ₹404.91 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth?

Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth has delivered returns of 0.00% (1 Year), 0.00% (3 Year), 0.00% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth?

Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth?

The minimum lumpsum investment required for Mahindra Manulife Banking & Financial Services Fund - Direct Plan Growth is ₹1,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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