Sharpe ratio
0.33Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+8.94%1Y Absolute Return
-0.58%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mahindra Manulife Banking & Financial Services Fund - Direct - GrowthFund 1Y annualised return · 5Y history unavailable | ₹9,10,779 | ₹7,32,612 | ₹1,78,167 | +8.94% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.11
₹1 Lakh since launch₹1.11 Lakh
Fund age1.3 yrs
Fund information
Scheme code153674
ISININF174V01CO7
BenchmarkNIFTY Financial Services TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio1.16%
Exit loadExit load of 0.50%, if redeemed within 3 months.
Minimum SIP₹500 SIP
Return comparison
237th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +208.00% | — | — |
| 3M | +17.30% | — | — |
| 6M | +23.60% | — | — |
| 1Y | +8.94% | — | +4.16% |
| Since Launch | +10.99% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.48Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
19.01%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.70How well the fund rewarded investors relative to its biggest decline.
Good
Good return relative to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Allocation data has not been disclosed.
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 35 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 12.47% |
| HDFC Bank Ltd | Financial | Equity | 8.33% |
| Axis Bank Ltd | Financial | Equity | 7.27% |
| State Bank of India | Financial | Equity | 5.58% |
| Bajaj Finance Ltd | Financial | Equity | 5.22% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 5.06% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 4.34% |
| Aditya Birla Capital Ltd | Financial | Equity | 3.89% |
| Ujjivan Small Finance Bank Ltd | Financial | Equity | 3.85% |
| SBI Life Insurance Company Ltd | Financial | Equity | 3.06% |
Fund management
CH
Chetan Gindodia
Since 2025 · Prior to joining Mahindra Manulife Mutual Fund, he has worked with PGIM India MF, Alf Accurate Advisors, Multi-Act India and EY
Mr. Gindodia has done B.Com, CA and CFA
VI
Vishal Jajoo
Since 2025 · Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Losses and swings stayed contained — worst fall -15.7%, volatility 19.0%. Financial makes up 95% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -15.7%, volatility 19.0%.
- Recovered from its worst fall in 5 months.
Weaknesses
- None
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 19.0% volatility.
Risk drivers
- Financial makes up 95% — trouble in that sector hits the whole fund.