Mahindra Manulife Small Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +4.6% annualized alpha (excess return) over its benchmark.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.08% | +1.11% | +2.97% |
| 3 Months | +1.48% | -1.13% | +2.61% |
| 6 Months | +11.33% | +7.86% | +3.47% |
| 1 Year | +14.30% | +11.28% | +3.02% |
| 3 Years CAGR | +17.30% | +13.50% | +3.80% |
| Since Inception | +22.91% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Small Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +15.63% | +13.95% | +1.68% |
| 2025 | -2.69% | -3.98% | +1.29% |
| 2024 | +27.96% | +25.60% | +2.36% |
| 2023 | +57.18% | +41.38% | +15.80% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -11.50% | +23.93% | +11.78% | +72.20% | 78.4% | 82.0% |
| 3-Year Rolling | +15.66% | +21.50% | +21.70% | +26.43% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-10-01 | 2025-03-03 | -26.4% | 5 months | 16 months |
| 2026-09-08 | 2026-10-23 | -11.6% | 1 months | Not yet recovered |
| 2024-02-06 | 2024-03-13 | -10.5% | 1 months | 1 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments ^ | 65% - 100%, Equity & Equity related instruments of other than Small Cap Companies: 0% - 35%, Money Market Instruments / other liquid instruments@ -)% - 35%,Units of mutual funds$ (Including Gold & Silver ETFs): 0% - 20% Units issued by REITs & InvITs - 0% - 10%. The Scheme may take exposure in equity derivative instruments to the extent of 50% of the Equity component. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as may be permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. # Definition of Small Cap Companies: 251st entities onwards in terms of full Market Capitalization. For the purpose of the above definition, the list of stocks/ REIT prepared by AMFI in this regard will be adopted.Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com |
Investment Objective & Strategy
The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related securities of small cap companies, However, there can be no assurance that the investment objective of the Scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 5,534 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Small Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Small Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| ITI Small Cap Fund | 6.5 | +19.94% | 2.20% | 68.7% | Rs 3,788 cr | Compare → |
| BANK OF INDIA Small Cap Fund | 5.7 | +17.53% | 2.24% | 85.3% | Rs 3,971 cr | Compare → |
| Invesco India Small Cap Fund | 7.6 | +19.90% | 1.83% | 76.7% | Rs 18,014 cr | Compare → |
| LIC MF Small Cap Fund | 4.9 | +16.17% | 2.63% | 84.8% | Rs 863 cr | Compare → |
| BANDHAN SMALL CAP FUND | 7.8 | +21.17% | 1.73% | 80.8% | Rs 38,024 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Small Cap Fund
What is the expense ratio of Mahindra Manulife Small Cap Fund?
Mahindra Manulife Small Cap Fund has a total expense ratio (TER) of 2.17% with a base expense ratio of 1.59%, compared to the Small Cap category median of 2.17%.
Who manages Mahindra Manulife Small Cap Fund?
Mahindra Manulife Small Cap Fund is managed by Krishna Sanghavi (tenure: 2.0 years since 2024-10-24).
What are the historical returns of Mahindra Manulife Small Cap Fund?
Mahindra Manulife Small Cap Fund delivered a 3-year CAGR of 17.3%. Its 1-year return stands at +14.30%.
How large is Mahindra Manulife Small Cap Fund?
Mahindra Manulife Small Cap Fund manages assets of Rs 5,534 cr, placing it in the 'comfortable' size band relative to Small Cap peers.
How is Mahindra Manulife Small Cap Fund scored on MFIQ?
Mahindra Manulife Small Cap Fund holds an MFIQ Score of 6.7/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Small Cap Fund?
Mahindra Manulife Small Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 18.43% with a maximum historical drawdown of -26.44%.