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Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 81/100 · Excellent
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.6%
- AUM (15%)₹1,196 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mahindra Manulife Mutual Fund · Hybrid · Multi Asset Allocation
₹14.59
AUM: ₹1,195 Cr
NAV updated 24 days ago
Plan
Regular
Option
Idcw
Risk
High
Expense Ratio
0.6%
Exit Load
Exit load of 0.5%, if redeemed within 3 months.
Fund Manager
Rahul Pal
Inception
Mar 2024
Sharpe Ratio
0.18
Std Dev (1Y)
11.4%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.75%
3m
+5.23%
6m
+3.64%
1y
+17.05%
3y
—
5y
—
10y
—
since inception
+11.69%
TopFund's Take on Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW
Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW ranks among the stronger performers in the Multi Asset Allocation category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 81/100.
Cost: At 0.6%, the expense ratio is roughly in line with the Multi Asset Allocation category average of 0.62% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.18 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 11.4% is on the lower side for a Multi Asset Allocation fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW
The current NAV (Net Asset Value) of Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is ₹14.59. NAV is updated every business day after market close by AMFI.
1Y: 17.05%
The expense ratio of Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is 0.6% per annum. This is the annual fee charged by the fund to manage your investment.
Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is managed by Rahul Pal at Mahindra Manulife Mutual Fund.
Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Yes, Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mahindra Manulife Multi Asset allocation Fund - Regular Plan - IDCW is ₹1,196 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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