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.
Exit Load1.00%
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%.
Hemang Kapasi
Mr. Kapasi is B.Com (H), PGDBA (Finance) & CFA.
Prior to joining Mahindra Manulife AMC, he has worked with Canara Robecco AMC and ICICI Bank.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mahindra Manulife Consumption Fund is ₹20.64 as of 2026-10-12.
Mahindra Manulife Consumption Fund is classified as a Thematic-Consumption fund.
Mahindra Manulife Consumption Fund is managed by Mahindra Manulife Mutual Fund.
The Assets Under Management (AUM) of Mahindra Manulife Consumption Fund is ₹452.65 Cr.
The expense ratio of Mahindra Manulife Consumption Fund is 2.65%.
Mahindra Manulife Consumption Fund is managed by Hemang Kapasi.
The minimum SIP investment for Mahindra Manulife Consumption Fund is ₹500.
The exit load for Mahindra Manulife Consumption Fund is 1%.
As per the SEBI Riskometer, Mahindra Manulife Consumption Fund carries a Very High risk level.
Mahindra Manulife Consumption Fund has delivered -10.44% (1Y), 6.24% (3Y) and 8.08% (5Y) annualised returns as of 2026-10-12.
Mahindra Manulife Consumption Fund was launched on 2016-02-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
