Mahindra Manulife Value Fund - Direct Plan - IDCW

Mahindra Manulife Value Fund - Direct Plan - IDCW ranks among the stronger performers in the Value Fund category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 84/100.

Cost: At 0.18%, the expense ratio is meaningfully cheaper — about 72% below the Value Fund category average of 0.64% (based on 14 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.56 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 15.09% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.