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Based On 5-Year SIP, This Fund Is Good For Investments, Given Over 60% Returns

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Multi-cap funds invest in a diverse portfolio of large-cap, mid-cap, and small-cap stocks from various industries. These funds capitalise on opportunities across market capitalizations to generate optimal returns for investors. Multi-cap mutual funds require to invest at least 25% in large-cap, mid-cap, and small-cap stocks. Here, we have given the 2nd highest performing 5-SIP returns multi-cap fund with over 60% returns. Read to know more!

 

Mahindra Manulife Multi-Cap Badhat Yojana - Direct Plan-Growth

Mahindra Manulife Multi-Cap Badhat Yojana - Direct Plan-Growth

This Multi-Cap Equity fund is a 5-year-old fund launched on 11 May 2017 by the Mahindra Manulife Mutual Fund. It is a small-sized fund of its category. The current Asset Under Management (AUM) of this fund is Rs 1151.41 Crore. The Net Asset Value (NAV) as of 25th May 2022 is Rs 20.488. It has an expense ratio of 0.5%, which is less than its category average expense ratio when compared.

It is an open-ended highly risky rated fund for investments. It has been rated 4-Star by CRISIL. NIFTY 500 Multi-Cap 50:25:25 TRI is the fund's benchmark. Investment in this fund starts with Rs 1,000, the minimum investment amount required, whereas, for SIP the minimum required amount is Rs 500. This fund doesn't have any lock-in period. However, it charges 1% for redemption within 365 days of the investment. 

Absolute & Annualised Returns
 

Absolute & Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 15.29% average annual returns.

TenureAbsolute ReturnsAnnualised Returns
1 Year11.17%11.17%
2 Year106.75%43.57%
3 Year77.69%21.08%
5 Year103.93%15.31%
Since Inception104.88%15.29%

SIP Returns

In last 1 year, it has delivered negative returns.

TenureAbsolute ReturnsAnnualised Returns
1 Year-4.15%-7.62%
2 Year25.47%23.54%
3 Year43.74%25.06%
5 Year62.21%19.44%
Portfolio

Portfolio

The fund has a 96.2 per cent investment in Indian stocks, with 47.36 per cent in large-cap stocks, 19.41 per cent in mid-cap stocks, and 22.79 per cent in small-cap stocks.

The majority of the fund's money is invested in the financial, energy, capital goods, consumer staples, and technology sectors. In comparison to other funds in the category, the fund has taken less exposure in the financial and energy sectors.

The fund's top holdings include State Bank of India, ICICI Bank Ltd., ITC Ltd., Reliance Industries Ltd., and Infosys Ltd.

Disclaimer

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Thursday, May 26, 2022, 10:15 [IST]
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