Mahindra Manulife Banking & Financial Services Fund Direct-growth

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  • RSI
3 Months Returns : 0.00%
Fund NAV

Fund Overview of Mahindra Manulife Banking & Financial Services Fund Direct-growth

  • ₹286.6 Cr
    AUM
  • ₹10.54
    NAV
  • 0.50%
    Expense Ratio
  • Equity
    Fund Category
As on Mon Nov 10, 2025

Asset Allocation

equities

94.61%

other assets or cash equivalents

5.39%
Large Cap: 73.94%
Mid Cap: 13.80%
Small Cap: 12.26%
Other: 0.00%
Top Holdings
Repo
22.40%
Hdfc Bank Ltd
19.41%
Hdfc Bank Ltd
16.30%
Icici Bank Ltd
17.46%
Icici Bank Ltd
15.11%
 
Top Sectors
Financial
166.75%
Unspecified
33.25%
Detailed Portfolio Analysis
As on Mon Nov 10, 2025
Invest Now

About Fund

About Mahindra Manulife Banking & Financial Services Fund Direct-growth

Mahindra Manulife Banking & Financial Services Fund Direct-growth is one Equity mutual fund offered by Mahindra Manulife Mutual Fund. Launched on 18 Jul 2025, the fund aims Long term capital appreciation. Investment predominantly in a portfolio of equity and equity related securities of companies engaged in banking & financial services activities. It manages assets worth ₹286.6 crore as on Thu Jul 31, 2025. The expense ratio stands at 0.5%.
The portfolio allocation consists of 94.61% in equities, 5.39% in other assets or cash equivalents. Managed by Chetan Gindodia, it has delivered a return of 0.00% in the last year, a total return since inception of 2.07%.

Read more
  • Vishal Jajoo

    Fund Manager

  • Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)

    Manager Education

  • Chetan Gindodia

    Fund Manager

  • Mr. Gindodia has done B.Com, CA and CFA

    Manager Education

Fund Details

Fund Names Mahindra Manulife Banking & Financial Services Fund Direct-growth
Inception Date 18 Jul 2025
Lock In No Lock-in
SIP Minimum Investment amount ₹ 500
SWP Minimum Investment amount ₹ 500
STP Minimum Investment amount ₹ 500
 
Risk Principal at very high risk
Category Average Annual Returns 10.43
More Details

Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
Aditya Birla Sun Life Banking & Financial Services Fund Direct-growth trend ₹3,497 3.11% 6.26% 13.05% 16.96% 19.03%
Aditya Birla Sun Life Banking & Financial Services Fund Regular-growth trend ₹3,497 3.02% 6.02% 12.02% 15.86% 17.89%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 1.18% 4.33% 10.07% 14.23% 16.12%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 1.18% 4.33% 10.07% 14.23% 16.12%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 1.18% 4.33% 10.07% 14.23% 16.12%
Aditya Birla Sun Life Nifty Bank Etf-growth trend ₹2,658 2.33% 5.52% 12.99% 12.43% 15.79%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 1.10% 4.09% 9.17% 13.35% 15.22%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 1.10% 4.09% 9.17% 13.35% 15.22%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 1.10% 4.09% 9.17% 13.35% 15.22%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 1.10% 4.09% 9.17% 13.35% 15.22%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Mahindra Manulife Mutual Fund

increase growth is based on 1-month returns of the funds

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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
Aditya Birla Sun Life Banking & Financial Services Fund Regular-growth trend ₹3,497 ₹63.05 15.86% 17.89% 14.77%
Aditya Birla Sun Life Banking & Financial Services Fund Direct-growth trend ₹3,497 ₹70.92 16.96% 19.03% 15.92%
Aditya Birla Sun Life Nifty Bank Etf-growth trend ₹2,658 ₹59.20 12.43% 15.79% -
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 ₹55.21 13.35% 15.22% 13.42%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 ₹55.21 13.35% 15.22% 13.42%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 ₹61.87 14.23% 16.12% 14.43%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 ₹55.21 13.35% 15.22% 13.42%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 ₹61.87 14.23% 16.12% 14.43%
Taurus Banking & Financial Services Fund Regular-growth trend ₹12 ₹55.21 13.35% 15.22% 13.42%
Taurus Banking & Financial Services Fund Direct-growth trend ₹12 ₹61.87 14.23% 16.12% 14.43%
View More
Top funds are based on Fund AUM

Detailed Portfolio

Stocks Sector % of Holding Value
RepoUnspecified22.40%₹64.19 Cr
Hdfc Bank LtdFinancial19.41%₹55.61 Cr
Hdfc Bank LtdFinancial16.30%₹52.09 Cr
Icici Bank LtdFinancial17.46%₹50.03 Cr
Icici Bank LtdFinancial15.11%₹48.27 Cr
Axis Bank LtdFinancial7.86%₹25.12 Cr
Kotak Mahindra Bank LtdFinancial6.85%₹21.88 Cr
Bajaj Finance LtdFinancial6.44%₹20.58 Cr
State Bank Of IndiaFinancial6.12%₹19.54 Cr
Net ReceivablesUnspecified5.46%₹15.69 Cr
RepoUnspecified4.49%₹14.35 Cr
Axis Bank LtdFinancial4.66%₹13.36 Cr
Bajaj Finance LtdFinancial3.74%₹10.72 Cr
State Bank Of IndiaFinancial3.70%₹10.59 Cr
Canara BankFinancial2.85%₹9.12 Cr
Kfin Technologies LtdFinancial2.68%₹8.57 Cr
Hdfc Life Insurance Co LtdFinancial2.62%₹8.37 Cr
Sbi Life Insurance Company LtdFinancial2.55%₹8.15 Cr
Canara BankFinancial2.76%₹7.90 Cr
Multi Commodity Exchange Of India LtdFinancial2.42%₹7.75 Cr
Indian BankFinancial2.32%₹7.42 Cr
Rbl Bank LtdFinancial2.30%₹7.35 Cr
Hdfc Life Insurance Co LtdFinancial2.40%₹6.88 Cr
Karur Vysya Bank LtdFinancial2.14%₹6.84 Cr
Nippon Life India Asset Management LtdFinancial1.87%₹5.99 Cr
Nippon Life India Asset Management LtdFinancial1.96%₹5.61 Cr
Shriram Transport Finance Company LtdFinancial1.94%₹5.55 Cr
Sbi Life Insurance Company LtdFinancial1.92%₹5.49 Cr
Shriram Transport Finance Company LtdFinancial1.70%₹5.42 Cr
Indian BankFinancial1.88%₹5.40 Cr
Kotak Mahindra Bank LtdFinancial1.76%₹5.05 Cr
Motilal Oswal Financial Services LtdFinancial1.48%₹4.74 Cr
Idfc First Bank LtdFinancial1.36%₹4.35 Cr
Cholamandalam Investment & Finance Company LtdFinancial1.32%₹4.23 Cr
Karur Vysya Bank LtdFinancial1.46%₹4.18 Cr
Pnb Housing Finance LtdFinancial1.38%₹3.94 Cr
Icici Lombard General Insurance Company LtdFinancial1.23%₹3.93 Cr
Cholamandalam Investment & Finance Company LtdFinancial1.32%₹3.79 Cr
Manappuram Finance LtdFinancial1.12%₹3.57 Cr
Pnb Housing Finance LtdFinancial1.08%₹3.45 Cr
Prudent Corporate Advisory Services LtdFinancial1.02%₹3.26 Cr
Manappuram Finance LtdFinancial1.12%₹3.21 Cr
Dhfl Vysya Housing Finance Limited EqFinancial0.96%₹3.06 Cr
Net ReceivablesUnspecified0.90%₹2.91 Cr
Max Financial Services LtdFinancial0.88%₹2.81 Cr
Rbl Bank LtdFinancial0.98%₹2.80 Cr
Rec LtdFinancial0.95%₹2.73 Cr
Rec LtdFinancial0.81%₹2.57 Cr
Iifl Finance LtdFinancial0.86%₹2.45 Cr
Iifl Finance LtdFinancial0.73%₹2.32 Cr
Creditaccess Grameen LtdFinancial0.49%₹1.57 Cr
Idfc First Bank LtdFinancial0.48%₹1.38 Cr
View More

Frequently Asked Questions

Mahindra Manulife Banking & Financial Services Fund Direct-growth

What is the current AUM of Mahindra Manulife Banking & Financial Services Fund Direct-growth?

As of Thu Jul 31, 2025, Mahindra Manulife Banking & Financial Services Fund Direct-growth manages assets worth ₹286.6 crore

What is the long-term performance of Mahindra Manulife Banking & Financial Services Fund Direct-growth?

  • Since Inception: 2.07%

What is the portfolio composition of Mahindra Manulife Banking & Financial Services Fund Direct-growth?

Equity: 94.61%, Others: 5.39%.

Who manages Mahindra Manulife Banking & Financial Services Fund Direct-growth?

Mahindra Manulife Banking & Financial Services Fund Direct-growth is managed by Chetan Gindodia from Mahindra Manulife Mutual Fund.

What is the market-cap allocation of Mahindra Manulife Banking & Financial Services Fund Direct-growth?

Large Cap: 73.94%, Mid Cap: 13.80%, Small Cap: 12.26%.

Which are the top companies Mahindra Manulife Banking & Financial Services Fund Direct-growth has invested in?

  • Repo – 22.40% of the fund's portfolio
  • HDFC Bank Ltd – 19.41% of the fund's portfolio
  • HDFC Bank Ltd – 16.30% of the fund's portfolio
  • ICICI Bank Ltd – 17.46% of the fund's portfolio
  • ICICI Bank Ltd – 15.11% of the fund's portfolio

Which are the major sectors Mahindra Manulife Banking & Financial Services Fund Direct-growth focuses on?

  • Financial – 166.75% of the fund's portfolio
  • Unspecified – 33.25% of the fund's portfolio
View more FAQ's

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^Returns as on 10th Jan’25. Tata AIA Life Top 200 ULIP Fund has delivered 18% returns over the last 10 years. Past performance is not necessarily indicative of future results. This disclaimer is specifically regarding a ULIP fund and is not related to mutual funds. Source: Morningstar.

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