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Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW)

Last Updated NAV Date: 29 Jul 2026

3 Year Returns

N/A

NAV (₹)

10.6725

1 Day NAV Change

0.86%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 500
Min. Lumpsum Amount₹ 1000
AUM₹ 450.83 Cr
Expense Ratio2.94%
Lock-in PeriodNo Lock-in Period
Inception Date18 Jul 2025
Fund Age1 Yrs

Exit Load

An Exit Load of 0.5% is payable if Units are redeemed / switched-out up to 3 months from the date of allotment Nil If Units are redeemed / switched-out after 3 months from the date of allotment.

Fund’s Investment Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the banking and financial services activities. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

Calculate Your Mutual Fund Returns

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return0.00%
3 Month Return2.93%
6 Month Return-0.53%
1 Year Return7.40%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 30 Jun 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
55.30%249.308
Finance
32.67%147.291
E-Commerce/App based Aggregator
3.38%15.248
Insurance
3.05%13.768
Financial Services
2.98%13.416
Stock/ Commodity Brokers
2.62%11.795

Stock Holdings

Last Updated: 30 Jun 2026
NameAllocationWeightageValue (in Cr.)Sector
ICICI Bank
12.20%55.005Banks
HDFC Bank
9.08%40.915Banks
Axis Bank
8.72%39.321Banks
SBI
6.31%28.435Banks
Kotak Mah. Bank
5.76%25.987Banks
Shriram Finance
5.15%23.219Finance
Bajaj Finance
4.69%21.15Finance
Aditya Birla Cap
3.86%17.383Finance
L&T Finance Ltd
3.65%16.47Finance
Ujjivan Small
3.24%14.585Banks

Fund Manager Details

Mr. Jajoo joined ITI AMC in January 2023 and has over 15 years of work experience in Investment Management. Past Experience: December 2014 - January 2023 with Tata Investments Corporation limited as Senior Investment Manager; February 2011 - December 2014 with Nirmal Bang Securities Pvt. Ltd. as Research Analyst. C.A., PGDM (Finance), MBA (Investments)

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Mahindra Manulife Mutual Fund

Funds Managed

27

Assets Managed

₹ 34,805.24 Cr

Contact Details

www.mahindramanulife.com

Registered Address

No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070

Managing Director

Anthony Heredia

Chief Executive Officer

Mr.Anthony Heredia

Compliance Officer

Ravi Dayma

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Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

You can withdraw your investment from Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) is ₹ 1000 for Lumpsum and ₹ 500 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) over the past three years is N/A.
The current NAV of Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) is 10.6725.
The Expense ratio of Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) is 2.94%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) fund is ₹ 450.83 Cr. It represents the total assets held and managed by the fund.
The exit load for Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) is An Exit Load of 0.5% is payable if Units are redeemed / switched-out up to 3 months from the date of allotment Nil If Units are redeemed / switched-out after 3 months from the date of allotment..
The fund managers of the Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) are Vishal Jajoo, Chetan Gindodia. However, with management's discretion, the fund manager could also change during the tenure.
Mahindra Manulife Banking & Financial Services Fund-Reg (IDCW) was launched on 18 Jul 2025. Since then, the fund has formed an NAV (Net Asset Value) of 10.6725.

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