NAV on (11 Sep 2026 )
₹10.72 ▼
(-0.10%)
Fund Size
₹477.42 Crores
1Y Returns
9.11 %
The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the banking and financial services activities. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Mahindra Manulife Investment Management Pvt. Ltd.
Launch Date
June 27, 2025
Fund Manager
Mr. Vishal Jajoo
Initial Price
10
AUM Fund
477.42 Cr
Min investment
Rs 1000
Expense Ratio
2.87%
"Weekly - Rs. 500/- and in multiple of Re.1/- thereafter. Minimum installments 6.Monthly - Rs. 500/- and in multiple of Re.1/- thereafter. Minimum installments 6.Quarterly -Rs. 1,500/- and in multiple of Re.1/- thereafter. Minimum installments 4."
"An Exit Load of 0.5% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment.Nil if Units are redeemed / switched-out after 3 months from the date of allotment."
1 Month
-1.26%
6 Months
+5.12%
1 Year
+9.11%
2 Years (CAGR)
NA
3 Years (CAGR)
NA
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 35.05% | 0.00% | ₹274.51 | |
| 29.79% | 38.22% | ₹11.04 | |
| 27.70% | 23.26% | ₹7909.93 | |
| 19.48% | 79.64% | ₹922.02 | |
| 19.48% | 79.84% | ₹922.02 |
Q: What is the current NAV of Mahindra Manulife Banking & Financial Services Fund - IDCW?
A: The latest NAV of Mahindra Manulife Banking & Financial Services Fund - IDCW is ₹ 10.72 as on 11 Sep 2026.
Q: What type of mutual fund is Mahindra Manulife Banking & Financial Services Fund - IDCW?
A: Mahindra Manulife Banking & Financial Services Fund - IDCW is a 'Equity - Banking' type mutual fund managed by 'Mahindra Manulife Investment Management Pvt. Ltd.'.
Q: What is the expense ratio of Mahindra Manulife Banking & Financial Services Fund - IDCW?
A: The expense ratio of Mahindra Manulife Banking & Financial Services Fund - IDCW is 2.87%, which impacts overall returns.
Q: Who manages Mahindra Manulife Banking & Financial Services Fund - IDCW?
A: Mahindra Manulife Banking & Financial Services Fund - IDCW is managed by Mr. Vishal Jajoo, who oversees investment strategy and portfolio decisions.
Q: Is Mahindra Manulife Banking & Financial Services Fund - IDCW a good investment?
A: Mahindra Manulife Banking & Financial Services Fund - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Mahindra Manulife Banking & Financial Services Fund - IDCW?
A: The exit load of Mahindra Manulife Banking & Financial Services Fund - IDCW is "An Exit Load of 0.5% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment.Nil if Units are redeemed / switched-out after 3 months from the date of allotment.", applicable if redeemed within the specified period.
Q: How is Mahindra Manulife Banking & Financial Services Fund - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
