Mahindra Manulife Banking & Financial Services Fund - IDCW - Direct Plan

Other Plans and Options

Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW Jan 01, 2013 16.95 16.88 19.62 1.01 10,592.64
SBI Banking & Financial Services Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 22.89 21.04 19.94 0.76 9,273.44
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option Jan 01, 2013 18.30 19.14 23.63 0.98 7,543.30
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW Dec 14, 2013 18.29 17.11 19.08 1.06 3,606.47
TATA Banking & Financial Services Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 19.61 19.00 19.02 0.45 3,125.23

Fund Holdings as on 31-October-2025

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Axis Bank Limited

  • Kotak Mahindra Bank Limited

  • Triparty Repo

  • Bajaj Finance Ltd

  • State Bank of India

  • Max Financial Services Limited

  • Canara Bank

  • Multi Commodity Exchange of India Limited

  • RBL Bank Limited

  • Indian Bank

  • Motilal Oswal Financial Services Limited

  • Shriram Finance Limited

  • Karur Vysya Bank Limited

  • HDFC Life Insurance Company Limited

  • Nippon Life India Asset Management Limited

  • CreditAccess Grameen Limited

  • IDFC First Bank Limited

  • Tata Capital Limited

  • Cholamandalam Investment and Finance Company Limited

  • PNB Housing Finance Limited

  • Bank of Baroda

  • Ujjivan Small Finance Bank Limited

  • SBI Life Insurance Company Limited

  • KFin Technologies Limited

  • ICICI Lombard General Insurance Company Limited

  • Net Receivables / (Payables)

  • Prudent Corporate Advisory Services Limited

  • Aadhar Housing Finance Limited

  • IIFL Finance Limited

  • REC Limited

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Miscellaneous

  • Finance - Stock Broking

  • Finance - Others

  • Insurance

  • Finance - Housing

  • Finance - Asset Management

  • Depository Services

  • Finance Term Lending

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Fund Manager

  • Cash

  • Equity

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About Mahindra Manulife Banking & Financial Services Fund

Scheme Analysis

Mahindra Manulife Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Mahindra Manulife Mutual Fund. It was launched on 18-Jul-2025 and currently has an AUM of ₹348.20 crore. Mahindra Manulife Banking & Financial Services Fund is benchmarked against Nifty Financial Services - TRI as primary index.

The NAV of Mahindra Manulife Banking & Financial Services Fund ended up ₹0.02(0.18%)yesterday to ₹10.5513.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Mahindra Manulife Banking & Financial Services Fund is managed by Vishal Jajoo and Chetan Gindodia.

Fund House Contact

4th Floor, A-Wing, Mahindra Towers Dr. G M Bhosle Marg, P K Kurne Chowk, Worli, Mumbai - 400018

022-66327900