Should I invest in Mahindra Manulife Flexi Cap Fund?

We don't give personal investment advice. Mahindra Manulife Flexi Cap 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. 5-year CAGR: 11.62%.

Mahindra Manulife

Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth

Latest NAV

₹17.3430

As of

17 Jul 2026

1,205 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	+0.31%	+0.10%	+0.21	21 / 104	Q1
1W	-0.08%	-0.02%	-0.06	62 / 103	Q3
2W	+0.23%	+0.10%	+0.13	46 / 102	Q2
1M	+1.19%	+1.52%	-0.33	66 / 101	Q3
3M	+1.90%	+5.34%	-3.44	71 / 100	Q3
6M	-2.51%	+9.00%	-11.51	92 / 99	Q4
YTD	-3.84%	+4.61%	-8.44	93 / 99	Q4
1Y	-1.32%	+18.02%	-19.35	81 / 90	Q4
2Y	+0.39%	+9.96%	-9.58	78 / 84	Q4
3Y	+11.92%	+13.26%	-1.34	51 / 76	Q3
4Y	+15.47%	+15.27%	+0.20	19 / 41	Q2
5Y	+11.62%	+14.07%	-2.46	27 / 34	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+11.88%	+11.59%	+0.28	57 / 104	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	-3.84%	+0.72%	-4.55	42 / 44
2025	+7.89%	+3.69%	+4.20	11 / 39
2024	+16.44%	+20.93%	-4.49	29 / 40
2023	+32.82%	+29.96%	+2.86	10 / 34
2022	+3.48%	+1.56%	+1.92	12 / 34
2021	—	—	—	—

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

+16.06%

48 windows

min -2.6% · max 42.9%

92% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+17.91%

24 windows

min 11.9% · max 23.7%

100% positive

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

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

13.23%

3-year · annualised

Sharpe ratio

0.43

vs risk-free 6.5%

Sortino ratio

0.72

Downside-only deviation

Max drawdown

-16.93%

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 Flexi Cap Fund

Scheme	Fund house	NAV	As of
HDFC Flexi Cap Fund - Growth Option - Direct Plan	HDFC	₹2,248.7410	17 Jul 2026
Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option	Nippon India	₹17.9459	17 Jul 2026
SBI Flexicap Fund - DIRECT PLAN - Growth Option	SBI	₹121.4251	17 Jul 2026
ICICI Prudential Flexicap Fund - Direct Plan - Growth	ICICI Prudential	₹21.1200	17 Jul 2026
Invesco India Flexi Cap Fund - Direct Plan - Growth	Invesco	₹20.6200	17 Jul 2026
BANDHAN Flexi Cap Fund-Direct Plan-Growth	Bandhan	₹232.8250	17 Jul 2026
quant Flexi Cap Fund - Growth Option-Direct Plan	Quant	₹122.1976	17 Jul 2026
Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹2,165.0600	17 Jul 2026
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option	Motilal Oswal	₹67.6885	17 Jul 2026
Franklin India Flexi Cap Fund - Direct - Growth	Franklin India	₹1,808.6718	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹17.3430
16 Jul 2026	₹17.2890
15 Jul 2026	₹17.3125
14 Jul 2026	₹17.2437
13 Jul 2026	₹17.3462
10 Jul 2026	₹17.3568
9 Jul 2026	₹17.1821
8 Jul 2026	₹17.0595
7 Jul 2026	₹17.3560
6 Jul 2026	₹17.4038

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 Flexi Cap Fund - Direct Plan -Growth is ₹17.3430. It's a Flexi Cap Fund from Mahindra Manulife, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth has NAV history starting from 25 Aug 2021, a track record of about 4 years 10 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

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

Over the trailing 1-year window, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth has delivered a absolute return of -1.32% — -19.35 pp behind the Flexi Cap Fund category average of 18.02%. The fund ranks #81 of 90 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth has delivered a CAGR of 11.92% — -1.34 pp behind the Flexi Cap Fund category average of 13.26%. The fund ranks #51 of 76 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth has delivered a CAGR of 11.62% — -2.46 pp behind the Flexi Cap Fund category average of 14.07%. The fund ranks #27 of 34 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth exactly 5 years ago would be worth approximately ₹173,233 today — a multiplier of 1.73×, based on the 5-year CAGR of 11.62%. The category average over the same window would have grown ₹1 lakh to ₹193,154.

A ₹10,000 monthly SIP in Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth over the last 3 years — total invested ₹360,000 — would be worth ₹394,255 today. That's an XIRR (money-weighted annualised return) of 5.99%.

Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹394,255 — XIRR 5.99%.

On a 5-year basis, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth ranks #27 out of 34 funds in the Flexi Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 14.07%; this fund delivered 11.62%.

The worst peak-to-trough decline Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth has experienced over the last 3-year window is 16.93% — its NAV fell from a high on 24 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 3-year rolling windows, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth averaged 17.91% (best 23.75%, worst 11.92%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.43 — weak risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth returned 7.89% — beating the Flexi Cap Fund category average of 3.69% by 4.20 pp. It ranked #11 of 39 in its category that year.

Mahindra Manulife Flexi Cap 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 Flexi Cap 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. 5-year CAGR: 11.62%.

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