Should I invest in Mahindra Manulife Multi Cap Fund?

We don't give personal investment advice. Mahindra Manulife Multi Cap Fund - Regular 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: 21.2%. 5-year CAGR: 15.85%.

Mahindra Manulife

Mahindra Manulife Multi Cap Fund - Regular Plan - Growth

Latest NAV

₹36.5021

As of

3 Jun 2026

2,228 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%	+0.31%	-0.62	23 / 24	Q4
1W	-1.70%	-1.36%	-0.34	17 / 24	Q3
2W	+0.45%	+0.44%	+0.02	10 / 24	Q2
1M	-0.04%	+0.01%	-0.05	13 / 24	Q3
3M	+5.17%	+2.68%	+2.50	4 / 24	Q1
6M	+1.72%	-2.02%	+3.74	3 / 24	Q1
YTD	+0.99%	-1.85%	+2.84	4 / 24	Q1
1Y	+6.64%	+2.67%	+3.97	5 / 24	Q1
2Y	+4.84%	+5.23%	-0.39	11 / 18	Q3
3Y	+18.50%	+16.58%	+1.92	5 / 13	Q2
4Y	+17.22%	+16.82%	+0.40	4 / 7	Q3
5Y	+15.85%	+13.54%	+2.31	1 / 3	Q2
7Y	+18.47%	+15.58%	+2.89	1 / 2	Q2
10Y	—	—	—	—	—
Inception	+15.37%	+11.40%	+3.98	7 / 24	Q2

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	+0.99%	-1.85%	+2.84	4 / 24
2025	+2.72%	+2.25%	+0.47	10 / 21
2024	+22.41%	+23.67%	-1.26	8 / 16
2023	+35.03%	+32.32%	+2.71	4 / 9
2022	+1.64%	+3.19%	-1.55	4 / 6
2021	+50.19%	+33.96%	+16.24	1 / 2
2020	+16.47%	+9.15%	+7.32	1 / 2
2019	+13.39%	+13.39%	+0.00	1 / 1
2018	-9.54%	-9.54%	+0.00	1 / 1
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

+17.76%

99 windows

min -22.5% · max 81.2%

79% positive

3-Year rolling

+19.86%

74 windows

min 0.1% · max 31.4%

100% positive

5-Year rolling

+20.43%

50 windows

min 12.1% · max 28.2%

100% positive

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

7-Year rolling

+18.38%

26 windows

min 15.9% · max 20.4%

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

15.88%

3-year · annualised

Sharpe ratio

0.75

vs risk-free 6.5%

Sortino ratio

1.33

Downside-only deviation

Max drawdown

-20.64%

Sep 2024 → Mar 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 Multi Cap Fund

Scheme	Fund house	NAV	As of
SBI Multicap Fund- Regular Plan- Growth Option	SBI	₹16.5029	3 Jun 2026
BANDHAN MULTI CAP FUND - GROWTH - REGULAR PLAN	Bandhan	₹16.8910	3 Jun 2026
Aditya Birla Sun Life Multi-Cap Fund-Regular Growth	Aditya Birla Sun Life	₹19.6900	3 Jun 2026
Motilal Oswal Multi Cap Fund Regular Plan Growth	Motilal Oswal	₹12.6810	3 Jun 2026
Mirae Asset Multicap Fund - Regular Plan - Growth	Mirae Asset	₹14.0030	3 Jun 2026
Kotak Multicap Fund-Regular Plan-Growth	Kotak	₹19.3110	3 Jun 2026
Edelweiss Multi Cap Fund - Regular Plan - Growth	Edelweiss	₹14.9606	3 Jun 2026
DSP Multicap Fund - Regular - Growth	DSP	₹11.6890	3 Jun 2026
HSBC Multi Cap Fund - Regular - Growth	HSBC	₹18.8944	3 Jun 2026
Canara Robeco Multi Cap Fund - Regular Plan - Growth Option	Canara Robeco	₹13.9700	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹36.5021
2 Jun 2026	₹36.6158
1 Jun 2026	₹36.5369
29 May 2026	₹36.7012
27 May 2026	₹37.1323
26 May 2026	₹37.0215
25 May 2026	₹36.8815
22 May 2026	₹36.4341
21 May 2026	₹36.4181
20 May 2026	₹36.3368

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 Multi Cap Fund - Regular Plan - Growth is ₹36.5021. It's a Multi Cap Fund from Mahindra Manulife, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Multi Cap Fund - Regular Plan - Growth has NAV history starting from 18 May 2017, a track record of about 9 years. 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 Multi Cap Fund - Regular Plan - Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Multi Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Multi Cap Fund - Regular Plan - Growth has delivered a absolute return of 6.64% — +3.97 pp ahead of the Multi Cap Fund category average of 2.67%. The fund ranks #5 of 24 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Mahindra Manulife Multi Cap Fund - Regular Plan - Growth has delivered a CAGR of 18.50% — +1.92 pp ahead of the Multi Cap Fund category average of 16.58%. The fund ranks #5 of 13 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mahindra Manulife Multi Cap Fund - Regular Plan - Growth has delivered a CAGR of 15.85% — +2.31 pp ahead of the Multi Cap Fund category average of 13.54%. The fund ranks #1 of 3 in its category — the second (Q2) quartile.

₹1 lakh invested in Mahindra Manulife Multi Cap Fund - Regular Plan - Growth exactly 5 years ago would be worth approximately ₹208,678 today — a multiplier of 2.09×, based on the 5-year CAGR of 15.85%. The category average over the same window would have grown ₹1 lakh to ₹188,707.

A ₹10,000 monthly SIP in Mahindra Manulife Multi Cap Fund - Regular Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹854,365 today. That's an XIRR (money-weighted annualised return) of 14.10%.

Mahindra Manulife Multi Cap Fund - Regular 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 ₹1,609,575 — XIRR 18.24%.

On a 5-year basis, Mahindra Manulife Multi Cap Fund - Regular Plan - Growth ranks #1 out of 3 funds in the Multi Cap Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 13.54%; this fund delivered 15.85%.

The worst peak-to-trough decline Mahindra Manulife Multi Cap Fund - Regular Plan - Growth has experienced over the last 5-year window is 21.25% — its NAV fell from a high on 18 Oct 2021 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 Multi Cap Fund - Regular Plan - Growth averaged 20.43% (best 28.25%, worst 12.15%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.60 — reasonable risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Multi Cap Fund - Regular Plan - Growth returned 2.72% — beating the Multi Cap Fund category average of 2.25% by 0.47 pp. It ranked #10 of 21 in its category that year.

Mahindra Manulife Multi Cap Fund - Regular 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 Multi Cap Fund - Regular 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: 21.2%. 5-year CAGR: 15.85%.

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

Mahindra Manulife Multi Cap Fund - Regular Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Multi Cap Fund

Recent NAVs

Frequently asked questions

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