Mahindra Manulife Equity Savings Fund
Equity SavingsModerately HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹21.54+0.10%1 day
- Return since launch
- 8.3%
- 52-week range
- ₹20.39 — ₹21.76
- AUM
- ₹530 Cr
Mahindra Manulife Equity Savings Fund is a Equity Savings hybrid fund from Mahindra Manulife Mutual Fund with ₹530 Cr under management, launched in 2017. Over three years it has returned 5.5% a year, against 7.6% for its category. The expense ratio is 2.80% and the SEBI riskometer reading is Moderately High.
Performance
Mahindra Manulife Equity Savings Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.3% against +2.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.6% | +0.1 pts | 3.5% | 1.8% |
| 2Y | 4.7% | +1.0 pts | 3.8% | 3.2% |
| 3Y | 5.5% | −2.1 pts | 7.6% | 4.4% |
| 5Y | 7.2% | +0.4 pts | 6.8% | 6.1% |
| 7Y | 8.5% | +0.7 pts | 7.9% | 7.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.8% | 0.0 pts | -0.8% | -0.9% |
| 3M | 0.9% | +0.2 pts | 0.6% | 0.3% |
| 6M | 4.8% | +0.6 pts | 4.2% | 3.6% |
| 1Y | 4.3% | +0.8 pts | 3.5% | 2.6% |
| 2Y | 3.3% | +0.2 pts | 3.1% | 2.6% |
| 3Y | 7.7% | +0.1 pts | 7.6% | 6.6% |
| 5Y | 6.7% | −0.1 pts | 6.8% | 5.9% |
| 7Y | 9.5% | +1.3 pts | 8.2% | 7.4% |
Since launch (10 Jan 2017): 8.3%
Calendar-year returns
Category average13.3%
16.3%
2.3%
14.6%
8.2%
7.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.1% | −0.2 pts | 7.3% |
| 2024 | 8.2% | −3.7 pts | 11.9% |
| 2023 | 14.6% | +0.3 pts | 14.3% |
| 2022 | 2.3% | −1.9 pts | 4.2% |
| 2021 | 16.3% | +2.8 pts | 13.6% |
| 2020 | 13.3% | +2.8 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.79%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.08%
- Brokerage
- 0.16%
- Transaction charges
- 0.00%
- Statutory levies
- 0.55%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Equity Savings TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 0.87 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.45 | 0.72 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.61 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 5.44 | 6.16 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Mahindra Manulife Equity Savings Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity35.6%
- Debt25.9%
- Other38.5%
Market cap split
- Large80.7%
- Mid7.2%
- Small12.1%
- P/E
- 21.80
- P/B
- 2.80
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 34.22% | ₹181 Cr | +0.24% | +94.56% | +95.76% |
| National Bank For Agriculture & Rural Development | Financial | 2.83% | ₹15.02 Cr | +1.92% | +1.86% | +1.82% |
| ICICI Bank Ltd. | Financial | 2.46% | ₹13.06 Cr | -7.28% | -7.56% | -4.72% |
| HDFC Bank Ltd. | Financial | 2.30% | ₹12.20 Cr | -4.06% | -4.66% | -5.04% |
| REC Ltd. | Financial | 1.92% | ₹10.19 Cr | +1.94% | +0.33% | +0.33% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.88% | ₹9.98 Cr | +0.57% | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.88% | ₹9.97 Cr | +1.90% | +1.82% | +1.84% |
| Brookfield India Real Estate Trust REIT | Construction | 1.62% | ₹8.58 Cr | +1.52% | +1.54% | +3.18% |
| Bharti Airtel Ltd. | Communication | 1.44% | ₹7.61 Cr | +1.53% | +1.50% | +1.13% |
| Reliance Industries Ltd. | Energy | 1.40% | ₹7.40 Cr | -5.06% | -5.06% | -5.00% |
| Divi's Laboratories Ltd. | Healthcare | 1.35% | ₹7.18 Cr | +1.08% | +1.10% | +1.29% |
| Muthoot Finance Ltd. | Financial | 1.31% | ₹6.96 Cr | +0.40% | +0.37% | +0.37% |
| Embassy Office Parks REIT | Construction | 1.13% | ₹5.97 Cr | +1.11% | +1.51% | +2.31% |
| State Bank of India | Financial | 1.09% | ₹5.78 Cr | +1.00% | +1.83% | +1.30% |
| Mahindra Manulife Liquid Fund Direct -Growth | Unclassified | 1.01% | ₹5.35 Cr | +1.00% | +0.94% | +0.92% |
| SPR Auto Technologies Ltd. | Automobile | 0.97% | ₹5.14 Cr | +0.72% | +0.63% | +0.38% |
| TVS Credit Services Ltd. | Financial | 0.96% | ₹5.10 Cr | +0.97% | +0.94% | +0.95% |
| Bharti Telecom Ltd. | Communication | 0.95% | ₹5.05 Cr | +0.96% | +0.93% | +0.95% |
| Power Finance Corporation Ltd. | Financial | 0.94% | ₹4.99 Cr | +0.95% | — | — |
| Reserve Bank of India | Financial | 0.94% | ₹4.96 Cr | +0.93% | +1.77% | +0.89% |
| Aditya Vision Ltd. | Services | 0.89% | ₹4.72 Cr | +0.83% | +0.71% | +0.75% |
| Axis Bank Ltd. | Financial | 0.87% | ₹4.62 Cr | +1.03% | +1.05% | +1.11% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.85% | ₹4.49 Cr | -5.30% | -4.84% | -4.48% |
| Nexus Select Trust | Construction | 0.82% | ₹4.36 Cr | +0.81% | +1.63% | +3.50% |
| Kotak Mahindra Bank Ltd. | Financial | 0.76% | ₹4.04 Cr | -1.42% | -1.46% | -1.38% |
| LG Balakrishnan & Bros Ltd. | Automobile | 0.76% | ₹4.02 Cr | +0.80% | +0.98% | +0.76% |
| Persistent Systems Ltd. | Technology | 0.74% | ₹3.91 Cr | +0.54% | +0.34% | +0.42% |
| PTC Industries Ltd. | Metals & Mining | 0.74% | ₹3.90 Cr | +0.54% | +0.57% | +0.45% |
| Inox India Ltd. | Metals & Mining | 0.71% | ₹3.75 Cr | +0.53% | +0.46% | +0.45% |
| Tech Mahindra Ltd. | Technology | 0.70% | ₹3.70 Cr | +0.67% | +0.59% | -2.08% |
| Raajmarg Infra Investment Trust | Construction | 0.67% | ₹3.55 Cr | +0.62% | — | — |
| Godrej Industries Ltd. | Consumer Staples | 0.66% | ₹3.51 Cr | +0.67% | +0.64% | +0.65% |
| NTPC Ltd. | Energy | 0.65% | ₹3.42 Cr | +0.85% | +0.90% | +0.90% |
| Coromandel International Ltd. | Chemicals | 0.64% | ₹3.37 Cr | +0.69% | +0.83% | +0.87% |
| Eternal Ltd. | Services | 0.60% | ₹3.17 Cr | +0.46% | +0.36% | — |
| Bajaj Finance Ltd. | Financial | 0.58% | ₹3.07 Cr | -7.90% | -8.24% | -7.32% |
| Infosys Ltd. | Technology | 0.57% | ₹3.04 Cr | +0.59% | +0.87% | +1.04% |
| Piramal Finance Ltd. | Financial | 0.57% | ₹3.01 Cr | +0.57% | +0.55% | — |
| Shriram Finance Ltd | Financial | 0.57% | ₹3.00 Cr | +0.49% | +0.61% | — |
| Larsen & Toubro Ltd. | Construction | 0.56% | ₹2.98 Cr | -3.02% | -3.00% | -2.76% |
| Gland Pharma Ltd. | Healthcare | 0.56% | ₹2.94 Cr | +0.48% | +0.44% | +0.50% |
| Technocraft Industries (India) Ltd. | Metals & Mining | 0.54% | ₹2.87 Cr | +0.45% | +0.40% | +0.31% |
| Anthem Biosciences Ltd. | Healthcare | 0.53% | ₹2.81 Cr | +0.45% | +0.40% | — |
| Grasim Industries Ltd. | Materials | 0.52% | ₹2.76 Cr | +0.49% | +0.59% | +0.63% |
| Tata Steel Ltd. | Metals & Mining | 0.51% | ₹2.69 Cr | +0.58% | +0.56% | +0.72% |
| Nippon Life India Asset Management Ltd. | Financial | 0.49% | ₹2.58 Cr | +0.46% | — | — |
| GOI | Sovereign | 0.48% | ₹2.52 Cr | +1.90% | +0.92% | +0.74% |
| Maharashtra State | Others | 0.47% | ₹2.50 Cr | +0.47% | +0.46% | — |
| K.P.R. Mill Ltd. | Textiles | 0.46% | ₹2.42 Cr | +0.38% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.45% | ₹2.40 Cr | +0.41% | +0.35% | — |
| S.P. Apparels Ltd. | Textiles | 0.45% | ₹2.39 Cr | +0.52% | +0.45% | +0.47% |
| L&T Finance Ltd. | Financial | 0.45% | ₹2.36 Cr | +0.40% | +0.61% | +0.98% |
| TVS Motor Company Ltd. | Automobile | 0.42% | ₹2.21 Cr | — | — | — |
| Tata Motors Ltd. | Automobile | 0.40% | ₹2.12 Cr | — | — | — |
| Union Bank of India | Financial | 0.39% | ₹2.07 Cr | +0.35% | +0.40% | — |
| Oil India Ltd. | Energy | 0.38% | ₹2.03 Cr | — | — | — |
| Hindalco Industries Ltd. | Metals & Mining | 0.38% | ₹2.03 Cr | -0.12% | -0.10% | -2.06% |
| Kirloskar Brothers Ltd. | Capital Goods | 0.38% | ₹2.01 Cr | +0.42% | +0.39% | +0.41% |
| Mahindra & Mahindra Ltd. | Automobile | 0.37% | ₹1.99 Cr | -3.92% | -4.12% | -5.68% |
| company:19482 | Automobile | 0.37% | ₹1.98 Cr | — | — | — |
| Canara Bank | Financial | 0.37% | ₹1.98 Cr | -5.70% | -6.48% | -4.32% |
| JK Cement Ltd. | Materials | 0.37% | ₹1.96 Cr | +0.37% | +0.43% | +0.53% |
| Ingersoll-Rand (India) Ltd. | Capital Goods | 0.37% | ₹1.94 Cr | — | — | — |
| Power Grid Corporation Of India Ltd. | Energy | 0.36% | ₹1.92 Cr | +0.40% | +0.39% | +0.31% |
| company:2530 | Metals & Mining | 0.36% | ₹1.91 Cr | — | — | — |
| Bharat Electronics Ltd. | Capital Goods | 0.36% | ₹1.91 Cr | — | — | — |
| Kajaria Ceramics Ltd. | Materials | 0.35% | ₹1.87 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.34% | ₹1.82 Cr | +0.52% | +0.46% | +0.35% |
| SBI Life Insurance Company Ltd. | Insurance | 0.34% | ₹1.81 Cr | +0.40% | +0.49% | +0.63% |
| ISGEC Heavy Engineering Ltd. | Capital Goods | 0.34% | ₹1.78 Cr | +0.44% | +0.40% | +0.34% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.33% | ₹1.77 Cr | +0.42% | +0.51% | +0.59% |
| Hindustan Unilever Ltd. | Consumer Staples | 0.33% | ₹1.75 Cr | +0.36% | +0.38% | -1.19% |
| Tata Power Company Ltd. | Energy | 0.33% | ₹1.74 Cr | +0.40% | — | — |
| Shree Cement Ltd. | Materials | 0.33% | ₹1.73 Cr | +0.36% | +0.53% | +0.71% |
| company:1270 | Consumer Staples | 0.31% | ₹1.67 Cr | — | — | — |
| Archean Chemical Industries Ltd. | Chemicals | 0.30% | ₹1.60 Cr | +0.33% | +0.34% | +0.39% |
| GAIL (India) Ltd. | Energy | 0.29% | ₹1.53 Cr | +0.43% | +0.42% | +0.63% |
| Jindal Steel Ltd. | Metals & Mining | 0.03% | ₹0.17 Cr | -3.46% | -3.36% | -2.58% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.00% | ₹0.00 Cr | -0.18% | -0.20% | +0.88% |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -0.84% | -0.96% | -0.70% |
| Titan Company Ltd. | Consumer Discretionary | -0.01% | ₹-0.05 Cr | -1.34% | -1.34% | — |
| Ambuja Cements Ltd. | Materials | -0.04% | ₹-0.23 Cr | -8.86% | -9.40% | -10.70% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | 3.90% | -2.45% | -6.35% |
| GOI | 1.88% | 0.48% | -1.40% |
| Maruti Suzuki India Ltd. | 0.43% | 0.00% | -0.43% |
| company:19482 | 0.00% | 0.37% | +0.37% |
| company:2530 | 0.00% | 0.36% | +0.36% |
| company:1270 | 0.00% | 0.31% | +0.31% |
| ITC Ltd. | 0.31% | 0.00% | -0.31% |
| Bajaj Finance Ltd. | -4.86% | -4.59% | +0.27% |
| Ambuja Cements Ltd. | -4.20% | -3.96% | +0.24% |
| Divi's Laboratories Ltd. | 1.14% | 1.35% | +0.21% |
| Tega Industries Ltd. | 0.19% | 0.00% | -0.19% |
| Bharti Airtel Ltd. | 1.62% | 1.44% | -0.18% |
| PTC Industries Ltd. | 0.58% | 0.74% | +0.16% |
| ICICI Bank Ltd. | -4.02% | -4.13% | -0.11% |
| Jindal Steel Ltd. | -1.54% | -1.64% | -0.10% |
| Axis Bank Ltd. | 0.96% | 0.87% | -0.09% |
| HDFC Bank Ltd. | -2.02% | -1.94% | +0.08% |
| Aditya Vision Ltd. | 0.97% | 0.89% | -0.08% |
| Gland Pharma Ltd. | 0.48% | 0.56% | +0.08% |
| Kotak Mahindra Bank Ltd. | -0.70% | -0.77% | -0.07% |
| Technocraft Industries (India) Ltd. | 0.47% | 0.54% | +0.07% |
| SBI Life Insurance Company Ltd. | 0.40% | 0.34% | -0.06% |
| LG Balakrishnan & Bros Ltd. | 0.70% | 0.76% | +0.06% |
| K.P.R. Mill Ltd. | 0.40% | 0.46% | +0.06% |
| Titan Company Ltd. | -0.78% | -0.83% | -0.05% |
| Coromandel International Ltd. | 0.69% | 0.64% | -0.05% |
| Larsen & Toubro Ltd. | -1.42% | -1.47% | -0.05% |
| Grasim Industries Ltd. | 0.47% | 0.52% | +0.05% |
| Anthem Biosciences Ltd. | 0.48% | 0.53% | +0.05% |
| Sun Pharmaceutical Industries Ltd. | -2.85% | -2.80% | +0.05% |
| SPR Auto Technologies Ltd. | 0.92% | 0.97% | +0.05% |
| Eternal Ltd. | 0.55% | 0.60% | +0.05% |
| Inox India Ltd. | 0.66% | 0.71% | +0.05% |
| Tata Consumer Products Ltd. | 0.38% | 0.33% | -0.05% |
| Ingersoll-Rand (India) Ltd. | 0.32% | 0.37% | +0.05% |
| Tech Mahindra Ltd. | 0.74% | 0.70% | -0.04% |
| Union Bank of India | 0.35% | 0.39% | +0.04% |
| State Bank of India | 1.05% | 1.09% | +0.04% |
| Canara Bank | -1.77% | -1.81% | -0.04% |
| Shriram Finance Ltd | 0.53% | 0.57% | +0.04% |
| NTPC Ltd. | 0.68% | 0.65% | -0.03% |
| Shree Cement Ltd. | 0.36% | 0.33% | -0.03% |
| Raajmarg Infra Investment Trust | 0.64% | 0.67% | +0.03% |
| Tata Power Company Ltd. | 0.36% | 0.33% | -0.03% |
| TVS Motor Company Ltd. | 0.45% | 0.42% | -0.03% |
| S.P. Apparels Ltd. | 0.42% | 0.45% | +0.03% |
| Tata Motors Ltd. | 0.37% | 0.40% | +0.03% |
| Bharat Electronics Ltd. | 0.33% | 0.36% | +0.03% |
| Power Grid Corporation Of India Ltd. | 0.39% | 0.36% | -0.03% |
| Hindustan Aeronautics Ltd. | 0.43% | 0.45% | +0.02% |
| Oil India Ltd. | 0.36% | 0.38% | +0.02% |
| Kirloskar Brothers Ltd. | 0.40% | 0.38% | -0.02% |
| JK Cement Ltd. | 0.39% | 0.37% | -0.02% |
| Hindustan Unilever Ltd. | 0.35% | 0.33% | -0.02% |
| Mahindra Manulife Liquid Fund Direct -Growth | 0.99% | 1.01% | +0.02% |
| Archean Chemical Industries Ltd. | 0.32% | 0.30% | -0.02% |
| Brookfield India Real Estate Trust REIT | 1.60% | 1.62% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.36% | 0.34% | -0.02% |
| Persistent Systems Ltd. | 0.72% | 0.74% | +0.02% |
| Reserve Bank of India | 0.92% | 0.94% | +0.02% |
| L&T Finance Ltd. | 0.43% | 0.45% | +0.02% |
| Embassy Office Parks REIT | 1.11% | 1.13% | +0.02% |
| ISGEC Heavy Engineering Ltd. | 0.35% | 0.34% | -0.01% |
| Tata Steel Ltd. | 0.52% | 0.51% | -0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 1.87% | 1.88% | +0.01% |
| Kajaria Ceramics Ltd. | 0.34% | 0.35% | +0.01% |
| Nexus Select Trust | 0.81% | 0.82% | +0.01% |
| Others | 0.08% | 0.07% | -0.01% |
| Piramal Finance Ltd. | 0.56% | 0.57% | +0.01% |
| Hindustan Petroleum Corporation Ltd. | -0.09% | -0.08% | +0.01% |
| Nippon Life India Asset Management Ltd. | 0.48% | 0.49% | +0.01% |
| Mahindra & Mahindra Ltd. | -2.12% | -2.13% | -0.01% |
| Small Industries Devp. Bank of India Ltd. | 0.94% | 0.94% | 0.00% |
| Hindalco Industries Ltd. | -0.05% | -0.05% | 0.00% |
| Infosys Ltd. | 0.57% | 0.57% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.95% | 0.95% | 0.00% |
| Godrej Industries Ltd. | 0.66% | 0.66% | 0.00% |
| Muthoot Finance Ltd. | 1.31% | 1.31% | 0.00% |
| Bharti Telecom Ltd. | 0.95% | 0.95% | 0.00% |
| Bank Of Baroda | -0.37% | -0.37% | 0.00% |
| Maharashtra State | 0.47% | 0.47% | 0.00% |
| REC Ltd. | 1.92% | 1.92% | 0.00% |
| TVS Credit Services Ltd. | 0.96% | 0.96% | 0.00% |
| GAIL (India) Ltd. | 0.29% | 0.29% | 0.00% |
| Power Finance Corporation Ltd. | 0.94% | 0.94% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹3,230 Cr | 2.25% | 4.9% | 7.1% | 8.8% |
 Kotak Equity Savings Fund | ₹10,684 Cr | 2.12% | 3.2% | 6.0% | 8.3% |
 Mirae Asset Equity Savings Fund | ₹2,041 Cr | 1.73% | 3.4% | 6.4% | 8.3% |
 Edelweiss Equity Savings Fund | ₹1,660 Cr | 2.15% | 8.1% | 8.7% | 9.5% |
 HSBC Equity Savings Fund | ₹1,475 Cr | 2.46% | 7.4% | 9.0% | 10.8% |
 Baroda BNP Paribas Equity Savings Fund | ₹289 Cr | 2.81% | 2.3% | 5.4% | 7.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
Fund managers
- Kush SonigaraMr. Sonigara is a B.Com (FM), FRMPrior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus Asset Management Co. Ltd., My Capital Solutions Pvt. Ltd. and TBNG Financial Consultants.
- Rahul PalMr. Pal is a B.Com (H) and Chartered Accountant.Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
- Renjith Sivaram RadhakrishnanMr. Sivaram is an MBA in Finance and holds a Bachelorâs degree in Mechanical engineeringPrior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months4.78% absolute | ₹60,000 | ₹62,868 | 4.78% | |
| 1 year4.29% annualised | ₹1,20,000 | ₹1,22,825 | 2.35% | |
| 3 years7.65% annualised | ₹3,60,000 | ₹4,05,794 | 12.72% | |
| 5 years6.74% annualised | ₹6,00,000 | ₹7,15,126 | 19.19% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Mahindra Manulife Equity Savings Fund?
The NAV of Mahindra Manulife Equity Savings Fund is ₹21.54 as on 25 Sep 2026.
What is the expense ratio of Mahindra Manulife Equity Savings Fund?
The expense ratio of Mahindra Manulife Equity Savings Fund is 2.80% per year.
What is the minimum SIP amount for Mahindra Manulife Equity Savings Fund?
You can start a SIP in Mahindra Manulife Equity Savings Fund with ₹3,000 a month.
What returns has Mahindra Manulife Equity Savings Fund given?
Mahindra Manulife Equity Savings Fund has returned 3.6% over 1 year, 5.5% over 3 years and 7.2% over 5 years (annualised).
Is there a lock-in or exit load on Mahindra Manulife Equity Savings Fund?
Lock-in: None. Exit load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days..
How risky is Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund is rated Moderately High on the SEBI riskometer and belongs to the Equity Savings category.
Which fund house manages Mahindra Manulife Equity Savings Fund?
Mahindra Manulife Equity Savings Fund is managed by Mahindra Manulife Mutual Fund, which runs 27 schemes with ₹34,805 Cr under management.