Mahindra Manulife Investment Management Pvt. Ltd (MMIMPL) was incorporated on 20th June 2013 under the Companies Act, 1956. It is the Investment Manager of Mahindra Manulife Mutual Fund, offering a wide variety of investment solutions across India. As of 31st March 2021, it manages 16 schemes of Mahindra Manulife Mutual Fund. The company is a joint venture of Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd.(+)
Before April 2020, the Mahindra Manulife Investment Management Pvt. Ltd was known as Mahindra Asset Management Company Private Limited. However, on 29th April 2020, Manulife Singapore acquired 49% of the equity share capital of the Asset Management Company and became a co-sponsor of the mutual fund. Accordingly, Mahindra Mutual Fund was renamed Mahindra Manulife Mutual Fund and Mahindra Asset Management Company Private Limited as Mahindra Manulife Investment Management Pvt. Ltd.
The Mahindra Manulife Investment Management Pvt. Ltd offers several open-ended schemes for long-term financial growth, focusing primarily on the semi-urban areas. On 31st March 2021, the average assets under management in the 16 schemes of Mahindra Manulife Mutual Fund were Rs. 5,249 crore.
Mahindra Manulife Mutual Fund Key Information
Name of the Mutual Fund
Mahindra Manulife Mutual Fund
Date of Incorporation
20th June 2013
Sponsor Name
Mahindra and Mahindra Financial Services Limited
Trustee Name
Mahindra Manulife Trustee Private Limited
Managing Director & Chief Executive Officer
Mr. Ashutosh Bishnoi
Chief Operating Offier / Chief Finance Officer
Ms. Ashwini Sankhe
Auditor
Messrs. B. K. Khare & Co, 706/708, Sharda Chambers New Marine Lines, Mumbai – 400020.
Mahindra Manulife Mutual Fund Managers
Fatema Pacha
Ms. Fatema Pacha has been an Equity Fund Manager in Mahindra Manulife Mutual Fund since September 2020. She has over 14 years of work experience in equity research and fund management. She holds a PGDBM (Finance) from SP Jain Institute of Management and Research and a B.E. (Computers) degree from Thadomal Shahani Engineering College. Ms. Fatema also worked for ICICI Prudential Life Insurance Company and UTI Mutual Fund before joining Mahindra Manulife Mutual Fund.
Manish Lodha
Mr. Manish Lodha (both a Chartered Accountant and a Company Secretary) has around 20 years of work experience. He has worked in the mutual fund industry for 11 years and the insurance industry (in equity research and fund management) for four years. Before associating with MMIMPL as an Equity Fund Manager, Mr. Lodha worked in Canara HSBC OBC Life Insurance Co. Ltd. and Kotak Mahindra Mutual Fund as a Portfolio Manager, Equity Research. Before this, he had also taken several finance roles in BOC India Ltd. (Now Linde India Ltd.).
Amit Garg
Mr. Amit Garg has been working as a Fund Manager- Fixed Income at MMIMPL since April 2013. A Chartered Financial Analyst (CFA) and MMS in Finance, Mr. Garg has over 16 years of fixed-income market experience. Thus, he has a good knowledge of fixed market valuation and interest rate movements. Before this, he worked with Daiwa Mutual Fund as Junior Fund Manager and Dealer- Fixed Income.
Abhinav Khandelwal
Mr. Abhinav Khandelwal is an investment professional with over ten years of experience in Indian equity markets. Being a Chartered Accountant, he has an expert understanding of both the buy-side and sell-side of the equity market. Before joining MMIMPL in Dec 2021, he was an advisor to India dedicated Funds at Canara Robeco. He was also associated with Aegon Life Insurance. There he was responsible for handling fund management and equity research.
Mahindra Manulife Mid Cap Fund - Direct Growth is an Mid Cap scheme that was launched on 08-01-2018 and is currently under the management of our experienced fund manager Krishna Sanghavi. With an impressive
AUM of ₹3,398 Crores, this scheme's latest NAV is ₹35.3638 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Mid Cap Fund - Direct Growth scheme has delivered a return performance of 10.95% in the last 1 year, 23.08% in the last 3 years, and an 19.01 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Mid Cap Fund.
Mahindra Manulife Focused Fund - Direct Growth is an Focused scheme that was launched on 26-10-2020 and is currently under the management of our experienced fund manager Krishna Sanghavi. With an impressive
AUM of ₹1,971 Crores, this scheme's latest NAV is ₹28.066 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Focused Fund - Direct Growth scheme has delivered a return performance of 9.44% in the last 1 year, 21.37% in the last 3 years, and an 26.15 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Focused Fund.
Mahindra Manulife Multi Cap Fund - Direct Growth is an Multi Cap scheme that was launched on 20-04-2017 and is currently under the management of our experienced fund manager Fatema Pacha. With an impressive
AUM of ₹4,883 Crores, this scheme's latest NAV is ₹38.767 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Multi Cap Fund - Direct Growth scheme has delivered a return performance of 10.22% in the last 1 year, 18.50% in the last 3 years, and an 18.50 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Multi Cap Fund.
Mahindra Manulife Consumption Fund - Dir Growth is an Sectoral / Thematic scheme that was launched on 19-10-2018 and is currently under the management of our experienced fund manager Navin Matta. With an impressive
AUM of ₹446 Crores, this scheme's latest NAV is ₹24.5474 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Consumption Fund - Dir Growth scheme has delivered a return performance of 9.85% in the last 1 year, 18.33% in the last 3 years, and an 14.87 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
Mahindra Manulife Aggressive Hybrid Fund-Dir Growth is an Aggressive Hybrid scheme that was launched on 28-06-2019 and is currently under the management of our experienced fund manager Fatema Pacha. With an impressive
AUM of ₹1,567 Crores, this scheme's latest NAV is ₹29.1809 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Aggressive Hybrid Fund-Dir Growth scheme has delivered a return performance of 15.25% in the last 1 year, 18.08% in the last 3 years, and an 20.36 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid Fund.
Mahindra Manulife Flexi Cap Fund - Direct Growth is an Flexi Cap scheme that was launched on 30-07-2021 and is currently under the management of our experienced fund manager Manish Lodha. With an impressive
AUM of ₹1,402 Crores, this scheme's latest NAV is ₹16.7064 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Flexi Cap Fund - Direct Growth scheme has delivered a return performance of 10.24% in the last 1 year, 17.53% in the last 3 years, and an 14.89 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Flexi Cap Fund.
Mahindra Manulife Large & Mid Cap Fund-Dir Growth is an Large & Mid Cap scheme that was launched on 06-12-2019 and is currently under the management of our experienced fund manager Manish Lodha. With an impressive
AUM of ₹2,415 Crores, this scheme's latest NAV is ₹28.2551 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Large & Mid Cap Fund-Dir Growth scheme has delivered a return performance of 3.89% in the last 1 year, 16.06% in the last 3 years, and an 21.47 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Large & Mid Cap Fund.
Mahindra Manulife ELSS Tax Saver Fund - Direct Growth is an ELSS scheme that was launched on 22-08-2016 and is currently under the management of our experienced fund manager Fatema Pacha. With an impressive
AUM of ₹895 Crores, this scheme's latest NAV is ₹32.0609 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife ELSS Tax Saver Fund - Direct Growth scheme has delivered a return performance of 9.45% in the last 1 year, 15.63% in the last 3 years, and an 14.61 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in ELSS.
Mahindra Manulife Large Cap Fund - Dir Growth is an Large Cap scheme that was launched on 22-02-2019 and is currently under the management of our experienced fund manager Fatema Pacha. With an impressive
AUM of ₹611 Crores, this scheme's latest NAV is ₹25.2452 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Large Cap Fund - Dir Growth scheme has delivered a return performance of 11.98% in the last 1 year, 15.46% in the last 3 years, and an 16.31 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Large Cap Fund.
Mahindra Manulife Balanced Advantage Fund-Dir Growth is an Dynamic Asset Allocation or Balanced Advantage scheme that was launched on 09-12-2021 and is currently under the management of our experienced fund manager Manish Lodha. With an impressive
AUM of ₹864 Crores, this scheme's latest NAV is ₹14.8819 as of 4/23/2025 12:00:00 AM.
Mahindra Manulife Balanced Advantage Fund-Dir Growth scheme has delivered a return performance of 8.64% in the last 1 year, 13.81% in the last 3 years, and an 12.66 since its launch. With
a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Dynamic Asset Allocation or Balanced Advantage.
Mahindra Manulife mutual fund has been growing rapidly since its inception, handling an AUM of about Rs. 72,720 crores as of March 2021. The fund has several offerings across categories to suit the needs of varied investors. The company’s market strength, as well as domestic track record, has also worked well. Moreover, they offer high-quality investment options across the landscape.
Yes, you can stop a SIP online at any time. You need to visit the website of Mahindra Manulife mutual fund and log in with your folio number to place a request for stopping the SIP. Alternatively, you can follow these steps to do it from your 5Paisa account:
Navigate to Mutual Fund order book
Go to the SIP section
Select the Mahindra Manu scheme you want to stop
Click on the ‘Stop SIP’ button
Your SIP will be stopped, and you can restart it anytime.
Mahindra Manulife mutual fund offers more than 16 fund options catering to the needs of different types of investors. However, not all these funds suit every investor’s goals. It is important to know your investment horizon, financial goals, and risk profile and align them with the fund objectives to identify the best fit.
With 5Paisa, you can easily invest in Mahindra Manulife mutual fund or any other investment option at zero commission. Investing with 5Paisa is safe and offers several other benefits like:
Professional management
Simple SIP investment process
Low minimum investment amount with SIPs starting at only Rs. 500
Liquidity transparency
Flexibility to select from a wide range of options
Mahindra Manulife offers many open-ended mutual fund schemes focusing on long-term financial growth. The company also offers products aimed particularly at rural markets. There are about 20 funds across categories like equity, debt, and hybrid.
You can start investing in Mahindra Manu mutual fund online through 5Paisa without hassle. Alternatively, you can visit the fund company’s official website to make an investment or even use one of the online or mobile platforms.
To increase the amount of SIP for the Mahindra Manulife mutual fund, you can use Step-Up or Top-Up SIPs. This feature was earlier available for a few funds only, but most of them now offer it. However, it is recommended that you check it with the fund house before doing it. If available, you can use the Step-Up calculator to determine the SIP amount before taking any decision.
You can visit a Mahindra Manulife mutual fund office nearby and submit a withdrawal form. You can also go to the fund’s official website and log in with the folio number to redeem your investment. It is also possible to withdraw your Mahindra Manulife mutual fund investment from any online portal like 5Paisa from where you invested.
No, you don’t necessarily need to open a Demat account to invest in mutual funds. With 5Paisa apps – Mobile Trading App and Invest App, it is easy to invest in mutual funds like Mahindra Manulife. You can download the 5Paisa Invest app and open a mutual fund account to start investing.