Mahindra Manulife Mid Cap Unnati Yojana

Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Equity

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit Load 1 Yr1% *
*» An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 12 months from the date of allotment of Units; » Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units.

Fund Manager : Mr. V. Balasubramanian

Total Experience: Collectively over 38 years of work experience of which around 20 years have been in the Mutual Fund Industry and 8 years in Treasury function of nationalised bank

Experience in managing this fund : Managing since August 1, 2018

Fund Manager : Mr. Manish Lodha

Total Experience: Combined work experience of over 20 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 21, 2020

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This Product is Suitable for investors who are seeking*

  • Long term capital appreciation;
  • Investment predominantly in equity and equity related securities including derivatives of mid cap companies.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

The investment objective of the Scheme is to seek 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. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Product Benefits:

  • Selection of focused sustainable businesses from across sectors
  • Potential to generate higher risk adjusted returns in the long term
  • Active management of portfolio with primary investments in mid-caps

Investment Style:

The scheme would invest minimum 65% in Mid Cap companies and upto 35% in stocks in other than mid-caps. Bottom up stock selection would focus on market leaders in smaller markets or focused single-line businesses in larger markets, that have shown growth and are likely to be tomorrow’s large caps.

Fund Performance:
Mahindra Manulife Mid Cap Unnati Yojana CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Feb 26, 2021)
Managed by Mr. V. Balasubramanian and Mr. Manish Lodha 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Mahindra Manulife Mid Cap Unnati Yojana- Reg - Growth 31.99 10.78 N/A 9.43 13189.1519 13592.43 N/A 14119.8819 13.1939
Mahindra Manulife Mid Cap Unnati Yojana- Dir - Growth 34.11 12.77 N/A 11.38 13400.6617 14336.9899 N/A 14902.2376 13.9324
S&P BSE Mid Cap Index TRI^ 38.51 7.61 N/A 5.36 13838.3685 12457.1658 N/A 12687.1673 24218.69
Nifty 50 Index TRI^^ 31.37 12.88 N/A 10.71 13127.0967 14377.949 N/A 14392.6737 20644.88

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18.Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr V. Balasubramanian is managing this fund since August 1,2018 and he manages 5 schemes of Mahindra Manulife Mutual Fund. Mr. Manish Lodha is managing this fund since December 21, 2020 and he manages 5 schemes of Mahindra Manulife Mutual Fund.

For performance of other schemes managed by Mr. V. Balasubramanian click here

For performance of other schemes managed by Mr. Manish Lodha click here

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.