Should I invest in Mahindra Manulife Consumption Fund?

We don't give personal investment advice. Mahindra Manulife Consumption Fund - Direct Plan -Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.7%. 5-year CAGR: 12.50%.

Mahindra Manulife

Mahindra Manulife Consumption Fund - Direct Plan -Growth

Latest NAV

₹24.7033

As of

17 Jul 2026

1,889 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	-0.05%	+0.07	133 / 258	Q3
1W	-0.09%	-0.18%	+0.09	118 / 258	Q2
2W	-0.06%	-0.17%	+0.12	156 / 259	Q3
1M	+0.96%	+1.63%	-0.66	183 / 259	Q3
3M	+2.51%	+4.83%	-2.32	183 / 259	Q3
6M	-1.68%	+4.61%	-6.29	208 / 250	Q4
YTD	-4.61%	+2.98%	-7.59	222 / 247	Q4
1Y	-2.29%	+5.46%	-7.74	196 / 235	Q4
2Y	-1.57%	+4.09%	-5.66	157 / 187	Q4
3Y	+11.11%	+15.93%	-4.82	120 / 148	Q4
4Y	+13.66%	+17.58%	-3.93	94 / 121	Q4
5Y	+12.50%	+13.72%	-1.22	72 / 110	Q3
7Y	+14.35%	+17.79%	-3.45	67 / 91	Q3
10Y	—	—	—	—	—
Inception	+12.48%	+12.07%	+0.41	149 / 259	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.61%	+3.40%	-8.01	220 / 244
2025	+1.95%	+4.41%	-2.45	120 / 208
2024	+23.13%	+23.18%	-0.05	69 / 155
2023	+29.56%	+33.51%	-3.96	75 / 127
2022	+9.53%	+4.32%	+5.20	45 / 116
2021	+23.88%	+34.43%	-10.54	75 / 104
2020	+11.30%	+21.19%	-9.89	62 / 94
2019	+1.07%	+9.30%	-8.23	74 / 85
2018	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+16.13%

82 windows

min -20.4% · max 52.1%

85% positive

3-Year rolling

+18.34%

58 windows

min 10.3% · max 26.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+18.49%

33 windows

min 12.5% · max 24.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+13.71%

9 windows

min 12.1% · max 14.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

14.20%

3-year · annualised

Sharpe ratio

0.35

vs risk-free 6.5%

Sortino ratio

0.52

Downside-only deviation

Max drawdown

-22.74%

Sep 2024 → Feb 2025

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹19.7420	17 Jul 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹13.0154	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹12.5868	17 Jul 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.8700	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹14.5000	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹22.0723	17 Jul 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹24.7900	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹72.8200	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.5242	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹24.7033
16 Jul 2026	₹24.6974
15 Jul 2026	₹24.6258
14 Jul 2026	₹24.5460
13 Jul 2026	₹24.6921
10 Jul 2026	₹24.7265
9 Jul 2026	₹24.6222
8 Jul 2026	₹24.4398
7 Jul 2026	₹24.8387
6 Jul 2026	₹24.8514

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mahindra Manulife Consumption Fund - Direct Plan -Growth is ₹24.7033. It's a Sectoral/Thematic Fund from Mahindra Manulife, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Consumption Fund - Direct Plan -Growth has NAV history starting from 16 Nov 2018, a track record of about 7 years 8 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mahindra Manulife Consumption Fund - Direct Plan -Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Consumption Fund - Direct Plan -Growth has delivered a absolute return of -2.29% — -7.74 pp behind the Sectoral/Thematic Fund category average of 5.46%. The fund ranks #196 of 235 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Mahindra Manulife Consumption Fund - Direct Plan -Growth has delivered a CAGR of 11.11% — -4.82 pp behind the Sectoral/Thematic Fund category average of 15.93%. The fund ranks #120 of 148 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Mahindra Manulife Consumption Fund - Direct Plan -Growth has delivered a CAGR of 12.50% — -1.22 pp behind the Sectoral/Thematic Fund category average of 13.72%. The fund ranks #72 of 110 in its category — the third (Q3) quartile.

₹1 lakh invested in Mahindra Manulife Consumption Fund - Direct Plan -Growth exactly 5 years ago would be worth approximately ₹180,192 today — a multiplier of 1.80×, based on the 5-year CAGR of 12.50%. The category average over the same window would have grown ₹1 lakh to ₹190,217.

A ₹10,000 monthly SIP in Mahindra Manulife Consumption Fund - Direct Plan -Growth over the last 5 years — total invested ₹600,000 — would be worth ₹777,688 today. That's an XIRR (money-weighted annualised return) of 10.31%.

Mahindra Manulife Consumption Fund - Direct Plan -Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,353,015 — XIRR 13.38%.

On a 5-year basis, Mahindra Manulife Consumption Fund - Direct Plan -Growth ranks #72 out of 110 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 13.72%; this fund delivered 12.50%.

The worst peak-to-trough decline Mahindra Manulife Consumption Fund - Direct Plan -Growth has experienced over the last 5-year window is 22.74% — its NAV fell from a high on 23 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mahindra Manulife Consumption Fund - Direct Plan -Growth averaged 18.49% (best 24.62%, worst 12.50%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.43 — weak risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Consumption Fund - Direct Plan -Growth returned 1.95% — lagging the Sectoral/Thematic Fund category average of 4.41% by 2.45 pp. It ranked #120 of 208 in its category that year.

Mahindra Manulife Consumption Fund - Direct Plan -Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mahindra Manulife Consumption Fund - Direct Plan -Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.7%. 5-year CAGR: 12.50%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Consumption Fund - Direct Plan -Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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