Should I invest in Mahindra Manulife Equity Savings Fund?

We don't give personal investment advice. Mahindra Manulife Equity Savings 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: 7.8%. 5-year CAGR: 9.58%.

Mahindra Manulife

Mahindra Manulife Equity Savings Fund - Direct Plan -Growth

Latest NAV

₹24.7586

As of

3 Jun 2026

2,294 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%	+9.02%	-9.00	15 / 28	Q3
1W	-0.53%	+8.52%	-9.05	15 / 28	Q3
2W	-0.22%	+8.91%	-9.14	21 / 28	Q3
1M	-0.74%	+8.72%	-9.47	25 / 28	Q4
3M	+0.35%	+9.08%	-8.73	9 / 28	Q2
6M	-0.35%	+8.96%	-9.31	17 / 28	Q3
YTD	-0.73%	+8.58%	-9.31	16 / 28	Q3
1Y	+5.24%	+13.09%	-7.85	9 / 27	Q2
2Y	+6.09%	+9.64%	-3.55	13 / 25	Q3
3Y	+10.68%	+11.18%	-0.50	8 / 25	Q2
4Y	+10.06%	+10.46%	-0.40	9 / 23	Q2
5Y	+9.58%	+9.26%	+0.32	6 / 22	Q2
7Y	+10.82%	+8.67%	+2.15	2 / 20	Q1
10Y	—	—	—	—	—
Inception	+10.14%	+9.17%	+0.96	7 / 28	Q1

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	-0.73%	-0.46%	-0.28	14 / 26
2025	+8.73%	+16.65%	-7.92	9 / 25
2024	+10.05%	+10.84%	-0.78	14 / 25
2023	+16.36%	+12.95%	+3.41	7 / 24
2022	+4.24%	+3.90%	+0.33	13 / 23
2021	+18.09%	+11.99%	+6.10	1 / 22
2020	+15.01%	+8.57%	+6.44	1 / 22
2019	+10.58%	+7.11%	+3.47	4 / 18
2018	-1.10%	+2.46%	-3.56	14 / 14
2017	—	—	—	—

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

+10.40%

102 windows

min -10.3% · max 39.0%

93% positive

3-Year rolling

+11.30%

78 windows

min 0.6% · max 17.2%

100% positive

5-Year rolling

+11.77%

53 windows

min 8.8% · max 15.4%

100% positive

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

7-Year rolling

+11.15%

29 windows

min 10.3% · max 12.3%

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

5.04%

3-year · annualised

Sharpe ratio

0.76

vs risk-free 6.5%

Sortino ratio

1.61

Downside-only deviation

Max drawdown

-4.64%

Feb 2026 → Mar 2026

% positive months

72.2%

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 Equity Savings Fund

Scheme	Fund house	NAV	As of
HDFC Equity Savings Fund - Growth Option - Direct Plan	HDFC	₹74.6780	3 Jun 2026
Nippon India Equity Savings Fund - Segregated Portfolio 2 - Direct Plan - Growth Plan - Bonus Option	Nippon India	₹0.0000	3 Jun 2026
SBI Equity Savings Fund - Direct Plan - Growth	SBI	₹26.9209	3 Jun 2026
ICICI Prudential Equity Savings Fund - Direct Plan - Cumulative option	ICICI Prudential	₹24.6300	3 Jun 2026
Invesco India Equity Savings Fund - Direct Plan - Growth	Invesco	₹18.3233	3 Jun 2026
BANDHAN Equity Savings Fund-Direct Plan-Growth	Bandhan	₹35.5890	3 Jun 2026
quant Equity Savings Fund - Growth Option - Direct Plan	Quant	₹10.4797	3 Jun 2026
Aditya Birla Sun Life Equity Savings Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹25.3700	3 Jun 2026
Franklin India Equity Savings Fund- Growth Direct	Franklin India	₹18.3345	3 Jun 2026
Mirae Asset Equity Savings Fund- Direct Plan- Growth	Mirae Asset	₹22.3420	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹24.7586
2 Jun 2026	₹24.7547
1 Jun 2026	₹24.7490
29 May 2026	₹24.7619
27 May 2026	₹24.8897
26 May 2026	₹24.8904
25 May 2026	₹24.9088
22 May 2026	₹24.8178
21 May 2026	₹24.8090
20 May 2026	₹24.8141

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 03 Jun 2026, the NAV of Mahindra Manulife Equity Savings Fund - Direct Plan -Growth is ₹24.7586. It's a Equity Savings Fund from Mahindra Manulife, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Equity Savings Fund - Direct Plan -Growth has NAV history starting from 08 Feb 2017, a track record of about 9 years 3 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 Equity Savings Fund - Direct Plan -Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Equity Savings Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Equity Savings Fund - Direct Plan -Growth has delivered a absolute return of 5.24% — -7.85 pp behind the Equity Savings Fund category average of 13.09%. The fund ranks #9 of 27 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mahindra Manulife Equity Savings Fund - Direct Plan -Growth has delivered a CAGR of 10.68% — -0.5 pp behind the Equity Savings Fund category average of 11.18%. The fund ranks #8 of 25 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mahindra Manulife Equity Savings Fund - Direct Plan -Growth has delivered a CAGR of 9.58% — +0.32 pp ahead of the Equity Savings Fund category average of 9.26%. The fund ranks #6 of 22 in its category — the second (Q2) quartile.

₹1 lakh invested in Mahindra Manulife Equity Savings Fund - Direct Plan -Growth exactly 5 years ago would be worth approximately ₹157,985 today — a multiplier of 1.58×, based on the 5-year CAGR of 9.58%. The category average over the same window would have grown ₹1 lakh to ₹155,686.

A ₹10,000 monthly SIP in Mahindra Manulife Equity Savings Fund - Direct Plan -Growth over the last 5 years — total invested ₹600,000 — would be worth ₹746,997 today. That's an XIRR (money-weighted annualised return) of 8.69%.

Mahindra Manulife Equity Savings 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 ₹1,214,493 — XIRR 10.35%.

On a 5-year basis, Mahindra Manulife Equity Savings Fund - Direct Plan -Growth ranks #6 out of 22 funds in the Equity Savings Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 9.26%; this fund delivered 9.58%.

The worst peak-to-trough decline Mahindra Manulife Equity Savings Fund - Direct Plan -Growth has experienced over the last 5-year window is 7.81% — its NAV fell from a high on 17 Jan 2022 to a low on 20 Jun 2022. 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 Equity Savings Fund - Direct Plan -Growth averaged 11.77% (best 15.40%, worst 8.78%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.48 — weak risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Equity Savings Fund - Direct Plan -Growth returned 8.73% — lagging the Equity Savings Fund category average of 16.65% by 7.92 pp. It ranked #9 of 25 in its category that year.

Mahindra Manulife Equity Savings 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 Equity Savings 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: 7.8%. 5-year CAGR: 9.58%.

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

Mahindra Manulife Equity Savings Fund - Direct Plan -Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Equity Savings Fund

Recent NAVs

Frequently asked questions

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