• Home
  • Mutual Funds
  • Mahindra Manulife Banking & Financial Services Fund Growth

Mahindra Manulife Banking & Financial Services Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

Showing Funds Performance since Sep 07, 2020

Mahindra Manulife Banking & Financial Services Fund Growth Fund Overview

Min. investment

SIP ₹500 & Lump. ₹1000

AUM (Fund size)

₹451 Cr

Lock In Period

N/A

Expense Ratio

2.94

Exit Load

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

Benchmark

Nifty Financial Services Total Return

Mahindra Manulife Banking & Financial Services Fund Growth Calculate Returns

You would have got

close_grey_icon
No Data Found
Your Investment Amount
  • 1
  • 2
  • 3
  • 4
  • 5

Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.72-0.8216.11
6M-0.751.0140.05
1Y6.932.93105.34
3Y0.0010.88199.53

Portfolio Analysis

  • Equity: 96.15%
  • Debt: 3.85%
  • Others
As on: 2026-06-30
View allocation % by

1. ICICI Bank Limited12.20%
2. HDFC Bank Limited9.08%
3. Axis Bank Limited8.72%
4. Kotak Mahindra Bank Ltd5.76%
5. Ujjivan Small Finance Bank Limited3.24%
6. Karur Vysya Bank Limited3.01%
7. Bandhan Bank Limited2.12%
8. DCB Bank Limited0.93%

1. Shriram Finance Limited5.15%
2. Bajaj Finance Ltd4.69%
3. L&T Finance Limited3.65%
4. Cholamandalam Investment and Finance Company Limited2.20%
5. Fedbank Financial Services Ltd1.37%

1. Aditya Birla Capital Limited3.86%
2. Max Financial Services Limited2.94%
3. Tata Capital Limited1.60%
4. Angel One Limited1.56%
5. 360 One WAM Limited0.95%

1. State Bank of India6.31%
2. Union Bank of India0.96%
3. Indian Bank0.85%

1. ICICI Prudential Asset Management Company Limited2.18%
2. Nippon Life India Asset Management Limited2.06%

1. PB Fintech Limited2.49%
2. One 97 Communications Limited0.76%

1. SBI Life Insurance Company Limited2.94%

1. BSE Limited2.86%

1. PNB Housing Finance Limited1.14%
2. Repco Home Finance Limited0.57%

About Fund Mahindra Manulife Banking & Financial Services Fund Growth

Mahindra Manulife Banking & Financial Services Fund Growth managed by Mahindra Manulife Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹451 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.94. Under the expert guidance of Vishal Jajoo ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Vishal Jajoo

Mr. Vishal Jajoo holds Chartered Accountant, PGDM (Finance), MBA (Investments). Mr. Jajoo joined ITI Asset Management Limited in January 2023 and has over 15 years of work experience in Investment Management. Prior to joining ITI Mutual Fund he was associated withTata Investments Corporation limited as Senior Investment Manager; with Nirmal Bang Securities Pyt. Ltd. as research analyst.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Invesco India Consumption Fund Growth0565 CR2.74
Kotak Services Fund Growth0749 CR2.6
Mahindra Manulife Banking & Financial Services Fund Growth0450 CR2.94
HDFC Defence Fund Growth510,529 CR1.8
Nippon India Taiwan Equity Fund Growth31,191 CR2.6
Fund Name1Y3Y
This FundInvesco India Consumption Fund Growth00
This FundKotak Services Fund Growth00
This FundMahindra Manulife Banking & Financial Services Fund Growth6.93470
This FundHDFC Defence Fund Growth24.0562161.7861
This FundNippon India Taiwan Equity Fund Growth102.5633187.3688

Mahindra Manulife Banking & Financial Services Fund Growth FAQs

Mahindra Manulife Banking & Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mahindra Manulife Banking & Financial Services Fund Growth is 2.94. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mahindra Manulife Banking & Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : -0.72%
  • 6 Months : -0.75%
  • 1 Year : 6.93%
  • 3 Years : 0.00%
Returns of Mahindra Manulife Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 10.7329 as on Jul 31,2026. Since inception, the return has been 0.00%.

You can invest in Mahindra Manulife Banking & Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mahindra Manulife Banking & Financial Services Fund Growth is ₹451 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mahindra Manulife Banking & Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.