Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW
Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW: Mutual Fund Overview
Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW is an Multi Asset Allocation mutual fund with over 2.03 years of performance history. The scheme manages an AUM of ₹1075.14 Cr and has a NAV of ₹12.2361. It is rated 'Not Rated' stars by analysts. Investors can begin a SIP with as little as ₹500.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 14.8%.
Hybrid, Multi Asset Allocation, Principal at very high risk
1 Year Return 14.8% at 24 Mar 2026 03:04 PM
Fund Details
NAV 12.2361
Sub-Type Multi Asset Allocation
Rating Not Rated
Min. SIP Amount ₹500.0
Fund Age(Year) 2.03
Fund Size(in Crores) 1075.14
Fund Performance
1 Month -8.08%
3 Month -5.48%
6 Month 1.09%
1 Year 14.8%
3 Year 0.0%
5 Year 0.0%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (99.38%) Market Cap Small Cap 64.65 Mid Cap 30.08 Large Cap 4.65 Top Sectors Healthcare 75.13 Insurance 16.65 Consumer Staples 7.05 Services 0.56 Top Holding Biocon 4.89 Alivus Life Sciences 6.41 Adani Enterprises Ltd. - (Partly Paid-up) 0.56 Glaxosmithkline Pharma 2.38 Pfizer 6.93 Anthem Biosciences 9.25 Gland Pharma 1.46 Zydus Wellness 7.05 Viyash Scientific 9.05 Concord Biotech 2.91 Aster DM Healthcare 8.34 SMS Pharmaceuticals 9.98 HDFC Life Insurance 9.14 ICICI Prudential 7.5 Medplus Health Services 3.63 Aurobindo Pharma 9.89
Debt & Others (0.620000000000001%) Sector Allocation Net Payables -16.23 Fixed Deposits 10.63 Treasury Bills 6.22 Debt Credit Ratings Debt Category Reserve Bank of India 6.22 Others -5.6
Comparison with same funds
Equity, Flexi Cap funds 360 ONE Multi Asset Allocation Fund Regular - Growth Ret 1M -3.66% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds 360 ONE Multi Asset Allocation Fund Regular - IDCW Payout Ret 1M -3.66% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds 360 ONE Multi Asset Allocation Fund Regular - IDCW Reinvestment Ret 1M -3.66% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi Asset Allocation Fund Regular-Growth Ret 1M -10.97% Ret 1Y 9.64% Ret 3Y 15.31% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi Asset Allocation Fund Regular-IDCW Ret 1M -10.97% Ret 1Y 9.64% Ret 3Y 15.31% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi Asset Allocation Fund Regular-IDCW Reinvestment Ret 1M -10.97% Ret 1Y 9.64% Ret 3Y 15.31% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi-Asset Omni FoF Regular-Growth Ret 1M -6.79% Ret 1Y 12.48% Ret 3Y 17.6% Ret 5Y 13.15%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi-Asset Omni FoF Regular-IDCW Ret 1M -6.79% Ret 1Y 12.48% Ret 3Y 17.6% Ret 5Y 13.15%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi-Asset Omni FoF Regular-IDCW Payout Ret 1M -6.79% Ret 1Y 12.48% Ret 3Y 17.6% Ret 5Y 13.15%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi - Asset Passive FoF Regular-Growth Ret 1M -7.12% Ret 1Y 10.19% Ret 3Y 17.5% Ret 5Y 0%
Equity, Flexi Cap funds Aditya Birla Sun Life Multi - Asset Passive FoF Regular-IDCW Ret 1M -7.12% Ret 1Y 10.19% Ret 3Y 17.5% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.39%
Exit Load 0.5%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Renjith Sivaram Radhakrishnan
Education Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd
Pranav Nishith Patel
Education Mr. Patel has done B.E and M.Sc
Experience Prior to joining Mahindra Manulife Mutual Fund, he has worked with MSCI Services Pvt Ltd, FICCI and Infosys Ltd
Kush Sonigara
Education Mr. Sonigara is a B.Com (FM), FRM
Experience Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus Asset Management Co. Ltd., My Capital Solutions Pvt. Ltd. and TBNG Financial Consultants.
Rahul Pal
Education Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 10
Date of Incorporation 2024-03-13
Total AUM 33882.93
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW FAQs
How to invest in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
Investing in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The term expense ratio for Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW is 0.39% as of 24 Mar 2026.
What is the NAV of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The NAV of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW is ₹12.2361 as of 24 Mar 2026.
What is the AUM of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The AUM (Assets Under Management) of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW is ₹1075.14 Cr as of 24 Mar 2026.
What is the PE and PB ratio of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The PE ratio of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
Yes, you can invest in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW in the last 5 years?
The return of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW in the last 5 years is 0.0%.
What is the minimum SIP investment required in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The minimum SIP investment in Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW depends on the fund's scheme rules and usually starts at a small amount. For Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW, the minimum SIP amount is ₹500.0.
What is the current NAV of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The NAV of Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW, as of 24 Mar 2026, is ₹12.2361.
Who manages the Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW?
The fund managers responsible for Mahindra Manulife Multi Asset Allocation Fund Direct - IDCW are:
- Renjith Sivaram Radhakrishnan
- Pranav Nishith Patel
- Kush Sonigara
- Rahul Pal