Mahindra Manulife Consumption Fund
The Scheme seeks to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit from consumption led demand in India.
Growthvine rating: 1/5 — ranked #173 of 186 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹22.24 (as of 2026-11-11) |
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| AUM | ₹453 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Hemang Kapasi |
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| Exit load | 1% for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 8.12% |
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| Sharpe ratio | 0.16 |
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| Standard deviation | 16.20% |
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| Max drawdown | −34.12% |
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| Alpha | -1.56 |
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| Beta | 0.96 |
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Over 5 years, captured 87.6% of NIFTY India Consumption's upside and 90.1% of its downside.
Market cap allocation
| Large cap | 60.9% |
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| Mid cap | 14.8% |
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| Small cap | 24.3% |
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Concentration
| Top 5 holdings | 28.0% |
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| Top 10 holdings | 42.2% |
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| Total holdings | 48 |
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Top holdings
- Eternal Limited — 6.7%
- Bharti Airtel Ltd. — 6.7%
- Mahindra & Mahindra Ltd. — 6.3%
- Titan Company Limited — 4.5%
- Bajaj Auto Limited — 3.8%
- Trent Ltd [Lakme Ltd] — 3.2%
- ITC Ltd — 3.1%
- Maruti Suzuki India Ltd. — 2.9%
- TVS Motor Company Ltd. — 2.6%
- Hindustan Unilever Ltd. — 2.5%
Top sectors
- Automobile — 20.8%
- Retail — 16.8%
- Consumer Durables — 14.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −3.2% | Q4 (Bottom) | #147 of 167 |
| 2025 | 1.3% | Q3 | #84 of 132 |
| 2024 | 21.3% | Q2 | #39 of 87 |
| 2023 | 27.0% | Q3 | #43 of 67 |
| 2022 | 7.8% | Q2 | #18 of 56 |