Mahindra Manulife Small Cap Fund
The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related securities of small cap companies.
Growthvine rating: 4/5 — ranked #5 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹20.44 (as of 2026-10-23) |
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| AUM | ₹5,373 Cr |
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| Expense ratio | 1.59% |
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| Riskometer | Very High |
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| Fund manager | Krishna Sanghavi |
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| Exit load | 1% for redemption within 3 months |
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Performance & risk
| Sharpe ratio | 0.65 |
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| Standard deviation | 19.88% |
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| Max drawdown | −26.44% |
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| Alpha | 5.62 |
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| Beta | 0.88 |
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Over 5 years, captured 97.8% of NIFTY Smallcap 250's upside and 76.5% of its downside.
Market cap allocation
| Large cap | 12.7% |
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| Mid cap | 19.9% |
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| Small cap | 67.4% |
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Concentration
| Top 5 holdings | 17.7% |
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| Top 10 holdings | 29.5% |
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| Total holdings | 85 |
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| Index overlap | 17.3% |
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| Active share | 82.7% |
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Top holdings
- Multi Commodity Exchange of India Ltd — 4.6%
- Divis Laboratories Ltd. — 4.5%
- Jindal Saw Ltd. — 3.2%
- GARWARE HI-TECH FILMS LIMITED — 2.9%
- Supreme Petrochem Ltd. — 2.5%
- VOLTAMP TRANSFORMERS LIMITED — 2.5%
- Oil India Limited — 2.4%
- Neuland Laboratories Limited. — 2.4%
- Arvind Ltd. — 2.4%
- Usha Martin Ltd. — 2.1%
Top sectors
- Industrial Products — 17.1%
- Pharma & Biotech — 15.2%
- Automobile — 11.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 5.3% | Q2 | #14 of 34 |
| 2025 | −2.7% | Q2 | #11 of 30 |
| 2024 | 28.0% | Q2 | #9 of 28 |
| 2023 | 57.2% | Q1 (Top) | #1 of 24 |