Mahindra Manulife Aggressive Hybrid Fund Direct IDCW NAV today
AMFI: 147448ISIN: INF174V01804MUTF_IN: MAHI_MANU_AGRS_36IRXGMahindra Manulife Mutual FundAggressive Hybrid funds
Formerly Mahindra Hybrid Equity Nivesh Yojana, Mahindra Manulife Hybrid Equity Nivesh Yojana
NAV ₹18.9511
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹2,798 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.84%16 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 28.330 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 11130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 19 Jul 2019
Mahindra Manulife Aggressive Hybrid Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −3.64% | – | – | – | – |
| 1 month | −6.31% | – | 24 of 30 | −4.97% | −6.1% to −4.5% |
| 3 months | −6.40% | – | 29 of 30 | −3.97% | −5.1% to −3.7% |
| 6 months | −6.05% | – | 29 of 29 | −3.20% | −4.0% to −1.8% |
| 1 year | −9.73% | −0.92%to 30 Sep 2026 | 28 of 29 | −4.77% | −7.1% to −3.9% |
| 3 years | +10.02% | +8.11%to 30 Sep 2026 | 14 of 29 | +9.94% | +8.8% to +11.2% |
| 5 years | +9.67% | +7.57%to 30 Sep 2026 | 9 of 29 | +8.53% | +7.0% to +10.1% |
| 10 years | Needs 10 years | – | – | +10.98% | +9.3% to +12.4% |
₹10,000 put in on 23 Jul 2019 is ₹28,122 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: CRISIL Hybrid 35+65 - Aggressive Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Aggressive Hybrid funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −3.03% | −0.92% |
| 3 years | +10.85% | +8.11% |
| 5 years | +10.90% | +7.57% |
| Since launch | +16.05% | +11.25% |
Benchmark: CRISIL Hybrid 35+65 - Aggressive Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2021, +33.1%; lowest year to Dec 2022, +6.3%
Mahindra Manulife Aggressive Hybrid Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,11,817₹1,11,811 after stamp duty | −12.91% | −12.92% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,60,742₹3,60,723 after stamp duty | +0.14% | +0.13% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,26,912₹7,26,876 after stamp duty | +7.67% | +7.67% | ₹30 | |
| Since Jul 201987 instalments | ₹8,70,000 | ₹13,61,529₹13,61,476 after stamp duty | +12.19% | +12.19% | ₹38 |
10 years: Launched 19 Jul 2019, needs 10 years of history.
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 23 Jul 2019 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,543 windows−9.7%+19.6%+69.0%95.1%
3 years1,045 windows+9.8%+19.3%+28.3%100.0%
5 years557 windows+9.7%+19.4%+26.6%100.0%
10 yearsLaunched 19 Jul 2019, needs 11 years of history
Every 3 and 5-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Mahindra Manulife Aggressive Hybrid Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.33 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.86%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.19%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.96%, Jul 2026.Direct plan lowest 0.43%, Dec 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.49% | 1.67% |
| Brokerage | 0.09% | 0.09% |
| Transaction costs | None | None |
| Statutory levies | 0.26% | 0.41% |
Per cent of assets a year, filed for 16 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
10% of the units allotted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of Units. Any redemption in excess of the above limit shall be subject to the following exit load: An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- WeeklyMonthly: 500; Quarterly: 1500
- SIP instalments, at least
- WeeklyMonthly - 6, Quarterly - 4
- SIP dates
- Any Date of the month available under Monthly & Quarterly frequencies. Any day of the Week (except Saturday & Sunday) available under Weekly frequency
As listed for this plan on 24 Oct 2026.
Mahindra Manulife Aggressive Hybrid Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2,695 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 3.0%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Sep 2019.
Assets at each month end
The latest month end is the highest since Jul 2020.Lowest ₹130 Cr, Jul 2020.
Mahindra Manulife Aggressive Hybrid Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| ICICI BankBanks | Shares | Large cap5th | 4.79% | 134.15 | 10,15,000 | – | Feb 2020 |
| HDFC BankBanks | Shares | Large cap2nd | 4.69% | 131.21 | 18,51,432 | – | Sep 2019 |
| Mahindra Manulife Liquid Fund | Fund units | 4.65% | 130.04 | 7,00,649 | – | Sep 2026 | |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 2.32% | 64.93 | 5,47,000 | – | Jan 2020 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.13% | 59.56 | 3,39,000 | – | Oct 2021 |
| Axis BankBanks | Shares | Large cap15th | 1.89% | 52.93 | 4,31,765 | – | Apr 2024 |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 1.85% | 51.81 | 12,42,500 | – | Feb 2025 |
| Bajaj FinservFinance | Shares | Large cap27th | 1.79% | 50.03 | 2,89,000 | – | Oct 2024 |
| 7.71% Government of India 2066SOVEREIGN, 7.71% coupon, repaid 18 May 2066 | Bonds and bills | 1.70% | 47.49 | 47,50,000 | 7.86% | Aug 2026 | |
| EternalRetailing | Shares | Large cap37th | 1.58% | 44.18 | 13,80,550 | – | Mar 2026 |
| 7.24% Government of India 2055SOVEREIGN, 7.24% coupon, repaid 18 Aug 2055 | Bonds and bills | 1.53% | 42.71 | 45,00,000 | 7.83% | Sep 2025 | |
| Larsen & ToubroConstruction | Shares | Large cap8th | 1.53% | 42.69 | 1,13,534 | – | Jul 2019or earlier |
| Tech MahindraIT - Software | Shares | Large cap59th | 1.50% | 42.06 | 2,76,000 | – | Mar 2023 |
| Kirloskar Oil EnginesIndustrial Products | Shares | Small cap323rd | 1.41% | 39.59 | 1,71,800 | – | May 2026 |
| Adani Energy SolutionsPower | Shares | Large cap63rd | 1.40% | 39.18 | 2,98,000 | – | Jul 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Triparty Repo | 2.29% | 64.17 |
| Net Receivables / (Payables) | 1.21% | 34.86 |
| Margin placed with CCIL & ARCL | 0.06% | 1.80 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 4.79%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 18.58%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 27.39%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 24.07%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 60.4Taken over 97.09% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares73.87%
- Bonds and bills17.21%
- REIT and InvIT units1.36%
- Units of other funds4.65%
- Cash and receivables3.57%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap55.21%Category 61.15%
- Mid cap30.54%Category 20.62%
- Small cap14.25%Category 16.66%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 30 Aggressive Hybrid funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.18sectors
- Financial Services25.03%Category 23.06%
- Capital Goods7.92%Category 6.06%
- Healthcare6.85%Category 7.02%
- Automobile And Auto Components4.53%Category 5.67%
- Consumer Services4.15%Category 3.97%
- Consumer Durables3.65%Category 2.07%
- Oil Gas & Consumable Fuels3.19%Category 3.48%
- Metals & Mining3.05%Category 2.21%
- Power2.77%Category 2.36%
- Information Technology2.55%Category 3.92%
- Telecommunication2.13%Category 2.65%
- Chemicals2.11%Category 1.52%
- Fast Moving Consumer Goods1.65%Category 3.30%
- Construction1.53%Category 1.95%
- Construction Materials0.96%Category 1.04%
- Services0.68%Category 1.78%
- Textiles0.63%Category 0.29%
- Realty0.49%Category 0.48%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 30 Aggressive Hybrid funds. Category average. The sector's weight, less the futures sold on it, averaged over the 30 Aggressive Hybrid funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services16 companies | 25.03% | 24.59% | 26.02% | 27.19% | 22.71% | 21.61% | 22.93% | 26.55% | 26.49% | 25.97% | 27.23% | 25.52% | |
| Capital Goods9 companies | 7.92% | 8.69% | 7.65% | 6.31% | 5.26% | 3.90% | 2.40% | 3.41% | 2.71% | 3.30% | 3.85% | 2.83% | |
| Healthcare7 companies | 6.85% | 6.82% | 6.07% | 6.38% | 6.38% | 5.96% | 5.51% | 4.47% | 4.50% | 4.32% | 4.17% | 4.27% | |
| Automobile And Auto Components4 companies | 4.53% | 4.81% | 4.67% | 3.58% | 3.76% | 4.25% | 4.59% | 4.27% | 4.03% | 4.45% | 4.16% | 3.45% | |
| Consumer Services4 companies | 4.15% | 4.28% | 4.31% | 5.30% | 6.39% | 6.69% | 6.07% | 5.89% | 4.46% | 4.47% | 3.98% | 4.43% | |
| Consumer Durables4 companies | 3.65% | 3.91% | 3.77% | 3.68% | 3.17% | 3.62% | 3.48% | 3.96% | 3.93% | 4.21% | 4.36% | 4.75% | |
| Oil Gas & Consumable Fuels2 companies | 3.19% | 2.50% | 2.72% | 2.89% | 4.55% | 5.04% | 6.23% | 5.92% | 5.45% | 5.46% | 4.73% | 4.66% | |
| Metals & Mining3 companies | 3.05% | 3.03% | 2.35% | 0.92% | 1.48% | 2.33% | 1.65% | 0.65% | 0.61% | 0.78% | 1.08% | 1.36% | |
| Power3 companies | 2.77% | 2.21% | 2.67% | 1.57% | 1.80% | 3.05% | 2.60% | 2.00% | 1.79% | 0.81% | 0.94% | 1.11% | |
| Information Technology2 companies | 2.55% | 2.53% | 3.10% | 3.60% | 6.36% | 6.07% | 6.64% | 6.59% | 7.86% | 7.73% | 7.51% | 7.05% | |
| Telecommunication1 company | 2.13% | 2.20% | 2.54% | 3.59% | 3.91% | 3.99% | 3.40% | 2.58% | 2.73% | 2.91% | 2.95% | 2.80% | |
| Chemicals3 companies | 2.11% | 2.31% | 2.38% | 2.56% | 2.42% | 2.14% | 1.93% | 1.49% | 1.60% | 1.90% | 1.92% | 1.26% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 8.05%Lines stating a yield: 87.97% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 7.19%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 233days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 223days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 1.41years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign4.43%
- AAA5.53%
- AA5.31%
Loans of under a year
- A1+1.94%
Other
- Overnight lending2.35%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month2.71%
- 1 to 3 months0.81%
- 3 to 6 months1.49%
- 6 to 12 months3.11%
- 1 to 3 years6.39%
- 3 to 5 years0.62%
- 5 to 10 yearsNone
- Over 10 years4.43%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 1.32%BHARTI TELECOM LIMITED
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 5.04%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 8.48%
Per cent of the fund's net assets. Lent outside the government: 12.78% of the fund, to 24 borrowers; the borrower is named for 97.03% of it, its group for 27.23%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 109.39% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 54.24% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 3
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 12
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 4
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 85
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 4.24%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 14.03%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Mahindra Manulife Liquid Fund | New | 4.65% | 0.00% | +4.65 pts | +7,00,649 |
| ICICI Securities Limited 2026 | Matured | – | 1.79% | −1.79 pts | – |
| Infosys | Sold out | – | 1.62% | −1.62 pts | −3,99,495 |
| 7.71% Government of India 2066 | Added | 1.70% | 0.45% | +1.25 pts | +35,00,000 |
| Coforge | New | 1.05% | 0.00% | +1.05 pts | +1,68,000 |
| ICICI Securities Limited 2026 | Matured | – | 0.90% | −0.90 pts | – |
| REC Limited 2026 | Sold out | – | 0.89% | −0.89 pts | −25,00,000 |
| Aegis Vopak Terminals | New | 0.87% | 0.00% | +0.87 pts | +8,24,494 |
| Piramal Finance | Added | 1.01% | 0.19% | +0.82 pts | +1,15,891 |
| 6.4% LIC Housing Finance Limited 2026 | Sold out | – | 0.73% | −0.73 pts | −20,50,000 |
| HDFC Bank | Added | 4.69% | 3.98% | +0.71 pts | +2,85,000 |
| 8.55% Aditya Birla Real Estate Limited 2029 | New | 0.71% | 0.00% | +0.71 pts | +20,00,000 |
| 6.85% National Bank For Agriculture and Rural Development 2029 | Sold out | – | 0.70% | −0.70 pts | −20,00,000 |
| Clean Max Enviro Energy Solutions | New | 0.66% | 0.00% | +0.66 pts | +1,38,462 |
| Tech Mahindra | Added | 1.50% | 0.91% | +0.59 pts | +1,20,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 ICICI Bank | 5.39%Added | 5.62%Added | 5.28% | 5.41%Added | 5.76%Added | 5.96%Added | 5.87%Added | 5.72% | 5.90% | 5.73% | 5.29%Cut | 4.79% |
 HDFC Bank | 6.45%Cut | 6.71%Added | 6.40% | 6.06%Added | 5.78%Added | 5.77%Added | 5.54% | 5.23% | 5.29% | 4.61% | 3.98%Cut | 4.69%Added |
| Mahindra Manulife Liquid Fund | Sold out | – | 2.85%Bought again | Sold out | – | 1.95%Bought again | Sold out | – | 4.49%Bought again | Sold out | – | 4.65%Bought again |
 Reliance Industries | 4.66% | 4.73% | 4.84%Added | 4.36%Added | 4.19% | 4.32% | 3.23%Cut | 2.92% | 2.89%Added | 2.72% | 2.50% | 2.32% |
 Bharti Airtel | 2.32% | 1.87%Cut | 1.82% | 1.69% | 1.56% | 2.29%Added | 2.82%Added | 2.68% | 2.56% | 2.54% | 2.20% | 2.13% |
 Axis Bank | 2.70%Added | 2.63%Cut | 2.62%Added | 2.75%Cut | 2.68% | 2.23%Cut | 0.92%Cut | 1.03%Added | 2.13%Added | 1.81% | 1.81% | 1.89%Added |
 Kotak Mahindra Bank | 1.41% | 1.46%Added | 1.47% | 1.43%Added | 1.40% | 1.86%Added | 1.83% | 2.81%Added | 2.71% | 2.51% | 1.87%Cut | 1.85% |
 Bajaj Finserv | 3.01% | 3.16%Added | 2.99% | 3.04%Added | 2.99% | 2.29%Cut | 2.23% | 2.23% | 2.10% | 2.23% | 2.09% | 1.79% |
| 7.71% Government of India 2066 | – | – | – | – | – | – | – | – | – | – | 0.45%Bought | 1.70%Added |
 Eternal | – | – | – | – | – | 1.00%Bought again | 1.40%Added | 1.39% | 1.38% | 1.47% | 1.50% | 1.58%Added |
| 7.24% Government of India 2055 | 0.76% | 1.21%Added | 1.18% | 1.17% | 1.12% | 1.14% | 1.06% | 1.03% | 1.01% | 0.92% | 1.55%Added | 1.53% |
 Larsen & Toubro | 2.36%Cut | 2.30% | 2.24% | 1.89%Cut | 1.98% | 2.10%Added | 2.01%Cut | 2.00% | 1.92% | 1.70% | 1.65% | 1.53% |
 Tech Mahindra | 0.70%Added | 0.98%Added | 1.07%Added | 1.17% | 0.96%Added | 1.05% | 1.02% | 1.00% | 0.89% | 0.98% | 0.91% | 1.50%Added |
 Kirloskar Oil Engines | – | – | – | – | – | – | – | 0.33%Bought | 0.39% | 0.33% | 1.29%Added | 1.41% |
 Adani Energy Solutions | – | – | – | – | – | – | – | – | – | 1.86%Bought | 1.51% | 1.40% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 78.0% in Aug 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Aggressive Hybrid funds (29 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.11.99%
10.71%Lowest12.17%Average15.85%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.7.43%
6.35%Lowest7.67%Average9.34%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.43
0.02Lowest0.38Average0.66Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.63
0.02Lowest0.56Average1.07Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −11.29% | 2 Jan 2026 | 30 Mar 2026 | Not yet |
| 3 years | −12.27% | 27 Sep 2024 | 28 Feb 2025 | 25 Jun 2025 |
| 5 years | −13.44% | 17 Jan 2022 | 17 Jun 2022 | 9 Sep 2022 |
| Since Jul 2019 | −25.41% | 20 Feb 2020 | 23 Mar 2020 | 28 Aug 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| May 2025 to Aug 202616 months | Very High | HighCRISIL Hybrid 35+65 - Aggressive Index |
| Apr 20251 month | Very High | Very HighCRISIL Hybrid 35+65 - Aggressive Index |
| Mar 20251 month | Very High | HighCRISIL Hybrid 35+65 - Aggressive Index |
| Oct 2021 to Feb 202541 months | Very High | Very HighCRISIL Hybrid 35+65 - Aggressive Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Mahindra Manulife Aggressive Hybrid Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Kirti DalviPrimary(Equity portion); Equity Portion | Dec 2025 | −6.39%over 318 days | – | – | 17.0% | 23.2% | 6 | ₹9,895 Cr₹2,753 Cr alone |
| Vishal JajooComanage(Equity portion); Equity Portion | Jul 2026 | −4.46%over 87 days | – | – | – | – | 3 | ₹11,271 Cr |
| Rahul PalComanage(Debt portion); Debt Portion | Jul 2019 | +15.95%a year | – | – | – | – | 11 | ₹7,491 Cr |
| Amit GargComanage(Debt portion); Debt Portion | May 2024 | +5.03%a year | – | – | 20.6% | 21.1% | 7 | ₹5,533 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Mahindra Manulife Large & Mid Cap FundKirti Dalvi | Dec 2025 | −0.79%over 318 days | −5.26% | +4.46 pts | ₹2,753 Cr |
| Mahindra Manulife Focused FundKirti Dalvi | Jul 2026 | −6.23%over 87 days | −4.41% | −1.82 pts | ₹1,930 Cr |
| Mahindra Manulife Flexi Cap FundKirti Dalvi | Jul 2026 | −3.84%over 87 days | −4.41% | +0.57 pts | ₹1,510 Cr |
| Mahindra Manulife Large Cap FundKirti Dalvi | Dec 2025 | −8.91%over 318 days | −8.40% | −0.51 pts | ₹647 Cr |
| Mahindra Manulife Innovation Opportunities FundKirti Dalvi | Jan 2026 | +5.71%over 256 days | −1.74% | +7.45 pts | ₹257 Cr |
| Mahindra Manulife Multi Cap FundVishal Jajoo | Nov 2025 | +5.57%over 347 days | −3.78% | +9.35 pts | ₹7,457 Cr |
| Mahindra Manulife Value FundVishal Jajoo | Mar 2025 | +13.25%a year | +7.11% | +6.14 pts | ₹1,015 Cr |
| Mahindra Manulife Multi Asset allocation FundRahul Pal | Mar 2024 | +14.13%a year | – | – | ₹1,214 Cr |
| Mahindra Manulife Liquid FundRahul Pal | Jul 2016 | +6.22%a year | – | – | ₹1,041 Cr |
| Mahindra Manulife Balanced Advantage FundRahul Pal | Dec 2021 | +9.95%a year | – | – | ₹879 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Canara Robeco Aggressive Hybrid FundCanara Robeco Mutual Fund | 33.35% | 28 |
| Aditya Birla Sun Life Aggressive Hybrid FundAditya Birla Sun Life Mutual Fund | 32.86% | 27 |
| Bandhan Aggressive Hybrid FundBandhan Mutual Fund | 31.68% | 23 |
| Axis Aggressive Hybrid FundAxis Mutual Fund | 30.84% | 29 |
| Nippon India Aggressive Hybrid FundNippon India Mutual Fund | 30.04% | 23 |
| Groww Aggressive Hybrid FundGroww Mutual Fund | 29.37% | 25 |
| Mirae Asset Aggressive Hybrid FundMirae Asset Mutual Fund | 29.30% | 25 |
| Sundaram Aggressive Hybrid FundSundaram Mutual Fund | 28.66% | 23 |
| ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 28.40% | 30 |
| PGIM India Aggressive Hybrid Equity FundPGIM India Mutual Fund | 28.16% | 20 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Mahindra Manulife Multi Asset allocation FundMahindra Manulife Mutual Fund | 30.48% |
| Mahindra Manulife Equity Savings FundMahindra Manulife Mutual Fund | 30.39% |
| Mahindra Manulife Balanced Advantage FundMahindra Manulife Mutual Fund | 30.36% |
| Mahindra Manulife Arbitrage FundMahindra Manulife Mutual Fund | 21.50% |
As the fund house states it, for Sep 2026.
Mahindra Manulife Aggressive Hybrid Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹1.00 a unit, Mar 2025.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 8 Oct 2026 | ₹0.18 | 0.92% | ₹19.5307 | ₹19.4830 |
| 7 Sep 2026 | ₹0.18 | 0.87% | ₹20.7999 | ₹20.5860 |
| 7 Aug 2026 | ₹0.18 | 0.84% | ₹21.3501 | ₹21.2179 |
| 7 Jul 2026 | ₹0.18 | 0.85% | ₹21.2604 | ₹20.7672 |
| 8 Jun 2026 | ₹0.18 | 0.88% | ₹20.4573 | ₹20.3899 |
| 7 May 2026 | ₹0.18 | 0.84% | ₹21.3849 | ₹21.1264 |
| 7 Apr 2026 | ₹0.18 | 0.88% | ₹20.5533 | ₹20.9605 |
| 9 Mar 2026 | ₹0.18 | 0.84% | ₹21.3190 | ₹21.3606 |
| 9 Feb 2026 | ₹0.18 | 0.79% | ₹22.6714 | ₹22.5863 |
| 7 Jan 2026 | ₹0.18 | 0.78% | ₹23.0941 | ₹22.6801 |
| 8 Dec 2025 | ₹0.15 | 0.65% | ₹22.9088 | ₹22.7393 |
| 7 Nov 2025 | ₹0.15 | 0.65% | ₹22.9466 | ₹22.8880 |
All 18 payouts since 22 Jan 2021.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2021
- 31 DecBenchmarkBenchmark: CRISIL Hybrid 25+75 - Aggressive Index to CRISIL Hybrid 35+65 - Aggressive Index
Fund details
Objective
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Asset allocation
- Equity and Equity Related Instruments^: 65% - 80%
- Debt and Money Market Instruments^ (including TREPS and Reverse Repo): 20% - 35%
- Units issued by REITs & InvITs: 0% - 10%
- Exchange Traded Commodity Derivatives (ETCDs)@, Gold ETFs, Silver ETFs and mutual fund units: 0% - 15% ^ ^including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing, and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time.Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com
Type of scheme
An open ended hybrid scheme investing predominantly in equity and equity related instruments
- Stated category
- Other Equity Schemes
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- CRISIL Hybrid 35+65 Aggressive Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 28 Jun 2019 to 12 Jul 2019
- Units first allotted
- 19 Jul 2019
- Open for sale again
- 23 Jul 2019
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 147446 | INF174V01788 | MAHI_MANU_AGRS_1N0FSIG | 23 Jul 2019 | |
| Regular Growth | 147447 | INF174V01754 | MAHI_MANU_AGRS_PJVLSD | 23 Jul 2019 | |
| Direct IDCW | 147448 | INF174V01804 | INF174V01796 | MAHI_MANU_AGRS_36IRXG | 23 Jul 2019 |
| Regular IDCW | 147449 | INF174V01770 | INF174V01762 | MAHI_MANU_AGRS_WO24HF | 23 Jul 2019 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Fund Factsheet - August 2026 (opens in a new tab)Mahindra Manulife Mutual Fund, Aug 2026
Statement of additional information
- SAI Mahindra Manulife Mutual Fund (opens in a new tab)Mahindra Manulife Mutual Fund, Oct 2026
Annual report
- Mahindra Manulife Mutual Fund Annual Report FY 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
- Mahindra Manulife Mutual Fund ABRIDGED Annual Report FY 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure on Risk-o-meter level of schemes - FY - 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 2026 (opens in a new tab)Mahindra Manulife Mutual Fund, Sep 2026