Mahindra Manulife Banking & Financial Services Fund
Mahindra Manulife Banking & Financial Services Fund
Sectoral-BankingRank #8
Not Rated
NAV (2026-07-14)
₹10.76
AUM
₹450.83 Cr
Exp. Ratio: 2.87%
RISK LEVEL
Very High
Returns & Performance
1 Year----
3 Year----
5 Year----
Since Launch7.61%--
Fund vs Category Average
Pros & Cons
Pros
✔No lock-in period
✔Overall top-10 rank in category (#8)
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖Higher expense ratio (2.87%)
ISININF174V01CL3
NAV₹10.76
NAV Date2026-07-14
AUM₹450.83 Cr
Expense Ratio2.87%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2016-02-04
INVESTMENT OBJECTIVE
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the banking and financial services activities.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Chetan Gindodia
Mr. Gindodia has done B.Com, CA and CFA
Prior to joining Mahindra Manulife Mutual Fund, he has worked with PGIM India MF, Alf Accurate Advisors, Multi-Act India and EY
