MonitorDirect · Growth

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mutual Fund Equity Schemes - Mid Cap Fund8.6 years

The scheme seeks to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies.

NAV: 40.3071; 15 Sept 2026
1Y: +7.3%; Trailing CAGR
Upside capture: +94%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

NAV path pending

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+7.3%
3Y+16.8%
5Y+17.1%
10Yn/a
SI+18.5%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+9.8%
5Y+17.2%
10Yn/a

Since inception: +18.5%; Calendar-day CAGR
Excess 1Y: -3.2%; Category median, same plan and option
3Y win rate: +77%; Windows beating the median
3Y percentile: 22; Vs comparable share classes
Worst rolling 3Y: +11.6%; 1381 daily-ending windows
Median rolling 3Y: +25.7%; Calendar-day CAGR
Positive rolling 5Y: +100%; 888 daily-ending windows
SIP 3Y XIRR: +9.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +3.4%; Fund minus TRI
3Y excess: +2.4%; Fund minus TRI
Upside capture: +94%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 17 days; 103 recovered episodes
Longest recovery: 448 days; Trough to prior peak
Current spell: 33 days; Days below latest peak
Time below peak: +87%; NAV observations

7 Feb 2020 – 17 Nov 2020
Trough 23 Mar 2020 · recovered in 239 days
-33.1%
24 Sept 2024 – 21 Apr 2026
Trough 28 Feb 2025 · recovered in 417 days
-20.9%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.8%
31 Aug 2018 – 31 Dec 2019
Trough 9 Oct 2018 · recovered in 448 days
-14.8%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
22
Vs category
30
Consistency
65
Risk-adjusted
65
Drawdown
17
Mean
40

Portfolio

31 Aug 2026 · 62 holdings · top 10 are 27.0%.

Top 5: 15.0%
Top 10: 27.0%
Largest holding: 3.6%
Effective holdings: 52.0

The Federal Bank Ltd
Financial
3.6%
Indusind Bank Ltd
Financial
3.4%
Coforge Ltd
Technology
2.8%
Aditya Birla Capital Ltd
Financial
2.8%
L&T Finance Holdings Ltd
Financial
2.8%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 77% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Capture

Share of NIFTY MIDCAP 150 TRI gains and losses in up and down months.

Upside: +94%; Benchmark-up months
Downside: +81%; Lower is better

Risk

SEBI/AMFI Risk-o-Meter from AMC disclosures when available, otherwise the latest published scheme label.

Risk-o-Meter

Very High

LowVery high

Official rating as of 31 Aug 2026

Volatility: High; 16.9% annualized
Sharpe: 0.80; Vs 6.5% proxy
Sortino: 0.70; Downside only
Now: -6.2%; Below last peak
Max DD: -33.1%; Peak to trough

Size

AUM as of 31 Aug 2026.

AUM: ₹5,186.23 Cr; 31 Aug 2026

Manager

Current managers reported for this scheme.

Fund house: Mahindra Manulife Mutual Fund
Managers: Neelesh Dhamnaskar
Since 16 Feb 2026
Kirti Dalvi
Since 3 Dec 2024
Krishna Sanghavi
Since 24 Oct 2024

Share classes

Direct and Regular plans on this scheme.

Direct · GrowthThis view
Direct · IDCWShare class
Regular · GrowthShare class
Regular · IDCWShare class

Worth investigating

Same-category peers with enough history to inspect beside this fund.

All funds

MonitorDirect · Growth

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mutual Fund Equity Schemes - Mid Cap Fund8.6 years

NAV: 40.3071; 15 Sept 2026
1Y: +7.3%; Trailing CAGR
Upside capture: +94%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

Sept 2024 – Sept 2026

All funds

MonitorDirect · Growth

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mutual Fund Equity Schemes - Mid Cap Fund8.6 years

NAV: 40.3071; 15 Sept 2026
1Y: +7.3%; Trailing CAGR
Upside capture: +94%; Vs NIFTY MIDCAP 150 TRI
Downside capture: +81%; Lower is better

NAV path pending

NAV

15 Sept 2026 · +7.3% over 1Y

40.3071

Sept 202535.0604 – 42.961Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+7.3%
3Y+16.8%
5Y+17.1%
10Yn/a
SI+18.5%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+9.8%
5Y+17.2%
10Yn/a

Since inception: +18.5%; Calendar-day CAGR
Excess 1Y: -3.2%; Category median, same plan and option
3Y win rate: +77%; Windows beating the median
3Y percentile: 22; Vs comparable share classes
Worst rolling 3Y: +11.6%; 1381 daily-ending windows
Median rolling 3Y: +25.7%; Calendar-day CAGR
Positive rolling 5Y: +100%; 888 daily-ending windows
SIP 3Y XIRR: +9.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +3.4%; Fund minus TRI
3Y excess: +2.4%; Fund minus TRI
Upside capture: +94%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-6.2%

Feb 2018-26.4% – 0.0%Sept 2026

Average recovery: 17 days; 103 recovered episodes
Longest recovery: 448 days; Trough to prior peak
Current spell: 33 days; Days below latest peak
Time below peak: +87%; NAV observations

7 Feb 2020 – 17 Nov 2020
Trough 23 Mar 2020 · recovered in 239 days
-33.1%
24 Sept 2024 – 21 Apr 2026
Trough 28 Feb 2025 · recovered in 417 days
-20.9%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.8%
31 Aug 2018 – 31 Dec 2019
Trough 9 Oct 2018 · recovered in 448 days
-14.8%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
22
Vs category
30
Consistency
65
Risk-adjusted
65
Drawdown
17
Mean
40

Portfolio

31 Aug 2026 · 62 holdings · top 10 are 27.0%.

Top 5: 15.0%
Top 10: 27.0%
Largest holding: 3.6%
Effective holdings: 52.0

The Federal Bank Ltd
Financial
3.6%
Indusind Bank Ltd
Financial
3.4%
Coforge Ltd
Technology
2.8%
Aditya Birla Capital Ltd
Financial
2.8%
L&T Finance Holdings Ltd
Financial
2.8%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 77% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+7.3%
3Y+16.8%
5Y+17.1%
10Yn/a
SI+18.5%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+9.8%
5Y+17.2%
10Yn/a

Since inception: +18.5%; Calendar-day CAGR
Excess 1Y: -3.2%; Category median, same plan and option
3Y win rate: +77%; Windows beating the median
3Y percentile: 22; Vs comparable share classes
Worst rolling 3Y: +11.6%; 1381 daily-ending windows
Median rolling 3Y: +25.7%; Calendar-day CAGR
Positive rolling 5Y: +100%; 888 daily-ending windows
SIP 3Y XIRR: +9.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +3.4%; Fund minus TRI
3Y excess: +2.4%; Fund minus TRI
Upside capture: +94%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 17 days; 103 recovered episodes
Longest recovery: 448 days; Trough to prior peak
Current spell: 33 days; Days below latest peak
Time below peak: +87%; NAV observations

7 Feb 2020 – 17 Nov 2020
Trough 23 Mar 2020 · recovered in 239 days
-33.1%
24 Sept 2024 – 21 Apr 2026
Trough 28 Feb 2025 · recovered in 417 days
-20.9%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.8%
31 Aug 2018 – 31 Dec 2019
Trough 9 Oct 2018 · recovered in 448 days
-14.8%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
22
Vs category
30
Consistency
65
Risk-adjusted
65
Drawdown
17
Mean
40

Portfolio

31 Aug 2026 · 62 holdings · top 10 are 27.0%.

Top 5: 15.0%
Top 10: 27.0%
Largest holding: 3.6%
Effective holdings: 52.0

The Federal Bank Ltd
Financial
3.6%
Indusind Bank Ltd
Financial
3.4%
Coforge Ltd
Technology
2.8%
Aditya Birla Capital Ltd
Financial
2.8%
L&T Finance Holdings Ltd
Financial
2.8%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 77% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Capture

Share of NIFTY MIDCAP 150 TRI gains and losses in up and down months.

Upside: +94%; Benchmark-up months
Downside: +81%; Lower is better

Risk

SEBI/AMFI Risk-o-Meter from AMC disclosures when available, otherwise the latest published scheme label.

Risk-o-Meter

Very High

LowVery high

Official rating as of 31 Aug 2026

Volatility: High; 16.9% annualized
Sharpe: 0.80; Vs 6.5% proxy
Sortino: 0.70; Downside only
Now: -6.2%; Below last peak
Max DD: -33.1%; Peak to trough

Size

AUM as of 31 Aug 2026.

AUM: ₹5,186.23 Cr; 31 Aug 2026

Manager

Current managers reported for this scheme.

Fund house: Mahindra Manulife Mutual Fund
Managers: Neelesh Dhamnaskar
Since 16 Feb 2026
Kirti Dalvi
Since 3 Dec 2024
Krishna Sanghavi
Since 24 Oct 2024

Share classes

Direct and Regular plans on this scheme.

Direct · GrowthThis view
Direct · IDCWShare class
Regular · GrowthShare class
Regular · IDCWShare class

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · +7.3% over 1Y

40.3071

Sept 202535.0604 – 42.961Sept 2026

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y+7.3%
3Y+16.8%
5Y+17.1%
10Yn/a
SI+18.5%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.9%
3Y+9.8%
5Y+17.2%
10Yn/a

Since inception: +18.5%; Calendar-day CAGR
Excess 1Y: -3.2%; Category median, same plan and option
3Y win rate: +77%; Windows beating the median
3Y percentile: 22; Vs comparable share classes
Worst rolling 3Y: +11.6%; 1381 daily-ending windows
Median rolling 3Y: +25.7%; Calendar-day CAGR
Positive rolling 5Y: +100%; 888 daily-ending windows
SIP 3Y XIRR: +9.8%; Simulated monthly SIP

Official benchmark

Date-aligned against NIFTY MIDCAP 150 TRI. Capture ratios use common month-end observations through 15 Sept 2026.

1Y excess: +3.4%; Fund minus TRI
3Y excess: +2.4%; Fund minus TRI
Upside capture: +94%; Benchmark-up months
Downside capture: +81%; Lower is better

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-6.2%

Feb 2018-26.4% – 0.0%Sept 2026

Average recovery: 17 days; 103 recovered episodes
Longest recovery: 448 days; Trough to prior peak
Current spell: 33 days; Days below latest peak
Time below peak: +87%; NAV observations

7 Feb 2020 – 17 Nov 2020
Trough 23 Mar 2020 · recovered in 239 days
-33.1%
24 Sept 2024 – 21 Apr 2026
Trough 28 Feb 2025 · recovered in 417 days
-20.9%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.8%
31 Aug 2018 – 31 Dec 2019
Trough 9 Oct 2018 · recovered in 448 days
-14.8%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
22
Vs category
30
Consistency
65
Risk-adjusted
65
Drawdown
17
Mean
40

Portfolio

31 Aug 2026 · 62 holdings · top 10 are 27.0%.

Top 5: 15.0%
Top 10: 27.0%
Largest holding: 3.6%
Effective holdings: 52.0

The Federal Bank Ltd
Financial
3.6%
Indusind Bank Ltd
Financial
3.4%
Coforge Ltd
Technology
2.8%
Aditya Birla Capital Ltd
Financial
2.8%
L&T Finance Holdings Ltd
Financial
2.8%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 77% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.

Mahindra Manulife Mid Cap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

WhiteOak Capital Mid Cap Fund

Helios Mid Cap Fund

HSBC Midcap Fund

BANDHAN MID CAP FUND

JM Mid Cap Fund

Mahindra Manulife Mid Cap Fund

Mahindra Manulife Mid Cap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

WhiteOak Capital Mid Cap Fund

Helios Mid Cap Fund

HSBC Midcap Fund

BANDHAN MID CAP FUND

JM Mid Cap Fund

Mahindra Manulife Mid Cap Fund

Returns

Official benchmark

Drawdown

Dimensions

Portfolio

Decision