Mahindra Manulife Multi Asset Allocation Fund
Mahindra Manulife Mutual Fund · Multi Asset Allocation · Regular plan, growth option
NAV (₹), 1 Oct 2026
13.4576
1-day change
-0.53%
1Y return
6.7%
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 15 Mar 2024 to 1 Oct 2026
Returns vs Multi Asset Allocation median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.7% | -4.0% |
| 3 months | -1.4% | -2.0% |
| 6 months | 4.8% | 3.2% |
| Year to date | 0.7% | -0.8% |
| 1 year | 6.7% | 5.6% |
| 3 years (CAGR) | n/a | 12.8% |
| 5 years (CAGR) | n/a | 11.7% |
| 7 years (CAGR) | n/a | 12.6% |
| 10 years (CAGR) | n/a | 10.4% |
| Since first NAV (CAGR) | 12.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 14.2% | 10.9% |
| 3Y rolling median | n/a | 13.0% |
| 3Y rolling worst | n/a | 3.7% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 9.9% |
| 5Y rolling worst | n/a | 0.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 9.9% |
| Sharpe ratio | n/a | 0.67 |
| Sortino ratio | n/a | 0.96 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −9.7% | −12.3% |
| Maximum drawdown, last 10Y | n/a | −27.3% |
| Maximum drawdown, last 5Y | n/a | −10.7% |
| Current drawdown | −4.7% | −6.1% |
| Recovery time of worst fall | 136 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2020 (median 22.4)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
1,48,138.00 +0.17%
IBJA close, 1 Oct 2026 · ₹ per 10 g (999)
- 1Y +25.6% · 3Y +35.9% p.a. · 5Y +25.2% p.a. (index fund NAV, after costs)
- −15.0% from its 52-week high (proxy NAV)
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.88% a year and the Direct plan's 0.57%, a gap of 1.31%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹31,10,572.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 30 Sep 2026: TER reduced from 1.92% to 1.88% (AMFI TER disclosure)
- 29 Sep 2026: TER increased from 1.91% to 1.92% (AMFI TER disclosure)
- 28 Sep 2026: TER increased from 1.90% to 1.91% (AMFI TER disclosure)
- 25 Sep 2026: TER reduced from 1.91% to 1.90% (AMFI TER disclosure)
- 24 Sep 2026: TER increased from 1.90% to 1.91% (AMFI TER disclosure)
- 16 Sep 2026: TER reduced from 1.91% to 1.90% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 1.90% to 1.91% (AMFI TER disclosure)
- 3 Sep 2026: TER reduced from 1.91% to 1.90% (AMFI TER disclosure)
- 2 Sep 2026: TER increased from 1.90% to 1.91% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Renjith Sivaram | n/a | |
| Navin Matta | n/a | |
| Rahul Pal | n/a | |
| Kush Sonigara Fund Manager 5 | n/a | |
| Pranav Patel * Note | n/a | |
| the scheme shall be managed by | n/a | |
| Manish Lodha | n/a | |
| Renjith Sivaram | n/a | |
| Rahul Pal | n/a | |
| Pranav Patel effective January 5 | n/a |
Objective: The investment objective of the Scheme is to seek to generate long-term capital appreciation and income by investing in equity and equity related securities, debt & money market instruments, Gold/Silver ETFs and Exchange Traded Commodity Derivatives (ETCDs) as permitted by SEBI from time to time. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equity & Equity related instruments^*: 35% - 80%, Debt and Money Market Securities#$ (including TREPS (Tri-Party Repo) and Reverse Repo in Government Securities):1 0% -55%, Units of Gold/Silver ETFs & other Gold and Silver related instruments (including Exchange Traded Commodity Derivatives (ETCDs) @ as permitted by SEBI from time to time%: 10%-30%, Units issued by REITs & InvITs: 0%-10%. %including through ETCDs and/or any other mode of investment in commodities (apart from Gold and Silver), as permitted by SEBI from time to time. ^ including derivative instruments to the extent of 50% of the equity component of the Scheme. *The Scheme may invest in Foreign Securities (includin…
Benchmark (tier 1): 45% NIFTY 500 TRI + 40% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold +5% Domestic Price of Silver
Exit load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of Units. Any redemption in excess of the above limit shall be subject to the following exit load: - An Exit Load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; - Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.
Minimum application: ₹1,000
Allotment date: 13 Mar 2024
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.88% | 2.16% |
| AUM, whole scheme (₹ crore) | 1,214 | 1,913 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 8.2% | 7.0% TRI |
Official benchmark: NIFTY 500 TRI 45% + CRISIL Composite Bond Index 40% + Domestic Price of Physical Gold 10% + Domestic Price of Silver 5% (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Multi Asset Allocation Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.7% | n/a | – |
| 2025 | 20.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,017 | 1.6% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Multi Asset Allocation
Plan / option: Regular · Growth
AMFI scheme code: 152441
ISIN: INF174V01BT8
First NAV in MFIC data: 15 Mar 2024
History: 2.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Mirae Asset Multi Asset Allocation Fund | Multi Asset Allocation | 0.97 | n/a |
| Union Multi Asset Allocation Fund | Multi Asset Allocation | 0.96 | n/a |
| Bajaj Finserv Multi Asset Allocation Fund | Multi Asset Allocation | 0.96 | n/a |
| Nippon India Multi Asset Allocation Fund | Multi Asset Allocation | 0.96 | 16.7% |
| Axis Multi Asset Allocation Fund | Multi Asset Allocation | 0.95 | 11.9% |
| Aditya Birla Sun Life Multi Asset Allocation Fund | Multi Asset Allocation | 0.95 | 13.6% |
Questions about Mahindra Manulife Multi Asset Allocation Fund
- What is the latest NAV of Mahindra Manulife Multi Asset Allocation Fund?
- The NAV of the Regular plan (growth option) was ₹13.4576 on 1 Oct 2026, as published by AMFI.
- Which category is Mahindra Manulife Multi Asset Allocation Fund in?
- It is classified as Multi Asset Allocation in AMFI's daily NAV file. MFIC compares it with 37 Multi Asset Allocation schemes (Regular plans).
- What was the largest fall in Mahindra Manulife Multi Asset Allocation Fund's NAV?
- The largest peak-to-trough fall in its available history was 9.7%.
- What is the expense ratio (TER) of Mahindra Manulife Multi Asset Allocation Fund?
- The total expense ratio of the Regular plan is 1.88% a year, as disclosed to AMFI (median of Multi Asset Allocation Regular plans: 2.16%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Mahindra Manulife Multi Asset Allocation Fund?
- Assets under management of the whole scheme were ₹1,214 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Mahindra Manulife Multi Asset Allocation Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Mahindra Manulife Multi Asset Allocation Fund?
- According to its Scheme Summary Document, Mahindra Manulife Multi Asset Allocation Fund is managed by Renjith Sivaram, Navin Matta, Rahul Pal, Kush Sonigara Fund Manager 5, Pranav Patel * Note, the scheme shall be managed by, Manish Lodha, Renjith Sivaram, Rahul Pal, Pranav Patel effective January 5.
- What is the exit load of Mahindra Manulife Multi Asset Allocation Fund?
- As stated in its scheme documents: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of Units. Any redemption in excess of the above limit shall be subject to the following exit load: - An Exit Load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; - Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Mahindra Manulife Multi Asset Allocation Fund?
- The minimum application amount is ₹1,000. SIP details: SIP - Weekly / Monthly: 500; Quarterly: 1500, SWP - Monthly: 500; Quarterly: 500, STP - Daily / Weekly / Monthly: 500; Quarterly: 1500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 8.3% and the Regular plan's by 6.7%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.