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Mahindra Manulife Mutual Fund

Mahindra Manulife Aggressive Hybrid Fund

Mahindra Manulife Mutual Fund · Direct plan · Growth

3-year returns
11.3%
a year
NAV
₹29.97
▲ 0.86% · 18 Sept 2026
Fund size
₹2,791 Cr
Expense ratio
0.96%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹26.43 and has returned 9.55% a year over 3 years.

Returns, and where it stands

Against the average aggressive hybrid fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year-3.3%0.8%behind26 of 29
3 years11.3%10.9%ahead11 of 29
5 years11.5%10.2%ahead7 of 26
Every period, and the Regular plan →
PeriodDirectRegular
1 month-2.6%-2.7%
3 months-0.6%-0.9%
6 months2%1.3%
1 year-3.3%-4.7%
2 yearsp.a.0.5%-1%
3 yearsp.a.11.3%9.5%
5 yearsp.a.11.5%9.6%
7 yearsp.a.16.8%14.8%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jul 2019.

Plan

NAV history

▼ 3.28% in the last 1Y

28.129.831.518 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹14,356
XIRR (per year)
5.06%
Value today
₹1,94,356

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
10.7% a year
about the same as the aggressive hybrid fund average
Worst fall so far
−25.4%
Feb 2020 to Mar 2020, against −27.5% for the category.
Years that made money
96.4%
Of every one-year stretch it has been through.
Over any three years
10.5% to 28.3%
A year, at worst and at best. Typically 19.5%.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
23 Jul 2019
Portfolio turnover
0.77x
Expense ratio
0.96%
as of 31 Jul 2026

Managed by Rahul Pal, Amit Garg, Fatema Pacha, Kirti Dalvi

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Mahindra Manulife Aggressive Hybrid Fund against other funds in the Aggressive Hybrid Fund category
Fund1Y3Y5YExpenseFund size
Bank of India Aggressive Hybrid Fund14.27%17.3%14.83%0.6%₹2,051 Cr
Bandhan Aggressive Hybrid Fund5.44%13.93%11.48%0.87%₹2,410 Cr
HSBC Aggressive Hybrid Fund4.52%13.31%0.93%₹5,870 Cr
Quant Aggressive Hybrid Fund9.3%13.06%12.94%1.38%₹2,158 Cr
JM Aggressive Hybrid Fund-0.16%12.96%13.16%1.09%₹700 Cr
ICICI Prudential Aggressive Hybrid Fund-0.51%12.8%14.61%1.05%₹52,433 Cr
Mahindra Manulife Aggressive Hybrid Fund-3.28%11.28%11.48%0.96%₹2,791 Cr

About Mahindra Manulife Aggressive Hybrid Fund

Mahindra Manulife Aggressive Hybrid Fund is a aggressive hybrid fund managed by Mahindra Manulife Mutual Fund. Invest 65–80% in equity and the rest in debt.

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

The scheme's stated objective, as published by Mahindra Manulife Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹29.9679147446
DirectMonthly IDCW₹20.3731147448
RegularGrowth₹26.4302147447
RegularMonthly IDCW₹17.3004147449

Frequently asked questions

What is the NAV of Mahindra Manulife Aggressive Hybrid Fund today?

The NAV of Mahindra Manulife Aggressive Hybrid Fund (Direct plan, Growth) is ₹29.9679 and the Regular plan NAV is ₹26.4302, as of 18 Sept 2026.

What returns has Mahindra Manulife Aggressive Hybrid Fund given?

Over the last year the Direct plan returned -3.28%, and 11.28% a year over 3 years and 11.48% a year over 5 years. That places it 11 of 29 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Mahindra Manulife Aggressive Hybrid Fund?

The Direct plan charges 0.96% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Mahindra Manulife Aggressive Hybrid Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.

How much has Mahindra Manulife Aggressive Hybrid Fund fallen in the past?

Its deepest fall was 25.4% from 20 Feb 2020 to 23 Mar 2020. Of every one-year stretch in its history, 96% ended in a gain.

Which category does Mahindra Manulife Aggressive Hybrid Fund belong to?

It is a Aggressive Hybrid Fund from Mahindra Manulife Mutual Fund. Invest 65–80% in equity and the rest in debt.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Mahindra Manulife Aggressive Hybrid Fund taxed?

How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.