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 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹20.52 (as of 2026-10-01) |
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| AUM | ₹502 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Navin Matta |
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| Exit load | 1% for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 8.58% |
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| Sharpe ratio | 0.32 |
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| Standard deviation | 15.73% |
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| Max drawdown | −34.12% |
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| Alpha | -2.58 |
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| Beta | 0.95 |
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Over 5 years, captured 89.0% of NIFTY India Consumption's upside and 94.0% of its downside.
Market cap allocation
| Large cap | 62.6% |
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| Mid cap | 15.0% |
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| Small cap | 22.4% |
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Concentration
| Top 5 holdings | 30.1% |
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| Top 10 holdings | 44.0% |
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| Total holdings | 47 |
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Top holdings
- Mahindra & Mahindra Ltd. — 7.1%
- Eternal Limited — 6.8%
- Bharti Airtel Ltd. — 6.4%
- Titan Company Limited — 5.5%
- Bajaj Auto Limited — 4.2%
- Trent Ltd [Lakme Ltd] — 3.2%
- Maruti Suzuki India Ltd. — 3.0%
- ITC Ltd — 2.8%
- TVS Motor Company Ltd. — 2.5%
- Hindustan Unilever Ltd. — 2.4%
Top sectors
- Automobile — 23.2%
- Retail — 17.3%
- Consumer Durables — 14.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −10.6% | Q4 (Bottom) | #151 of 167 |
| 2025 | 1.3% | Q3 | #85 of 132 |
| 2024 | 21.3% | Q2 | #38 of 86 |
| 2023 | 27.0% | Q3 | #42 of 66 |
| 2022 | 7.8% | Q2 | #18 of 55 |