Question 1

Which funds are similar to Mahindra Manulife Consumption Fund Direct-Growth?

Accepted Answer

Funds similar to Mahindra Manulife Consumption Fund Direct-Growth in the Equity: Thematic-Consumption category include Aditya Birla Sun Life Consumption Direct Fund-Growth, Mirae Asset Great Consumer Fund Direct-Growth, and ICICI Prudential Bharat Consumption Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Mahindra Manulife Consumption Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Mahindra Manulife Consumption Fund Direct-Growth is ranked 8 out of 12 funds in the Equity: Thematic-Consumption category as of 16 Jul 2026. On a 5-year return basis it ranks 8 out of 11. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does Mahindra Manulife Consumption Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Mahindra Manulife Consumption Fund Direct-Growth has an expense ratio of 0.99%. The peers Aditya Birla Sun Life Consumption Direct Fund-Growth has an expense ratio of 0.94% and Mirae Asset Great Consumer Fund Direct-Growth has 0.65%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Mahindra Manulife Consumption Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Mahindra Manulife Consumption Fund Direct-Growth has an AUM of ₹494 crore. The peers Aditya Birla Sun Life Consumption Direct Fund-Growth has an AUM of ₹5,989.8 crore and Mirae Asset Great Consumer Fund Direct-Growth has ₹4,550.04 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Equity: Thematic-Consumption?

Accepted Answer

The top performing fund in the Equity: Thematic-Consumption category on a 3-year basis is Tata India Consumer Fund Direct-Growth with a CAGR of 15.59% as of 16 Jul 2026. Mahindra Manulife Consumption Fund Direct-Growth has delivered 10.91% CAGR over the same period, ranking 8 out of 12 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does Mahindra Manulife Consumption Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Mahindra Manulife Consumption Fund Direct-Growth has a Sharpe ratio of 0.38 compared to the Equity: Thematic-Consumption average of 0.39 as of 16 Jul 2026. It ranks 7 out of 11 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	-2.29%	-1.61%	13 / 24
3Y Return	+10.91%	11.29%	8 / 12
5Y Return	+12.35%	13.26%	8 / 11
10Y Return	—	14.50%	—

Mahindra Manulife Consumption Fund Direct-Growth

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