Question 1

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

Accepted Answer

Funds similar to Mahindra Manulife Multi Cap Fund Direct-Growth in the Equity: Multi Cap category include Nippon India Multi Cap Fund Direct-Growth, Kotak Multicap Fund Direct-Growth, and SBI Multicap 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 Multi Cap Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Mahindra Manulife Multi Cap Fund Direct-Growth is ranked 6 out of 19 funds in the Equity: Multi Cap category as of 16 Jul 2026. On a 5-year return basis it ranks 2 out of 9. 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 Multi Cap Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Mahindra Manulife Multi Cap Fund Direct-Growth has an expense ratio of 0.85%. The peers Nippon India Multi Cap Fund Direct-Growth has an expense ratio of 0.84% and Kotak Multicap Fund Direct-Growth has 0.61%. 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 Multi Cap Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Mahindra Manulife Multi Cap Fund Direct-Growth has an AUM of ₹6,926.02 crore. The peers Nippon India Multi Cap Fund Direct-Growth has an AUM of ₹54,584.6 crore and Kotak Multicap Fund Direct-Growth has ₹28,074.2 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: Multi Cap?

Accepted Answer

The top performing fund in the Equity: Multi Cap category on a 3-year basis is HSBC Multi Cap Fund Direct-Growth with a CAGR of 20.77% as of 16 Jul 2026. Mahindra Manulife Multi Cap Fund Direct-Growth has delivered 18.82% CAGR over the same period, ranking 6 out of 19 funds. You can view and compare the full category ranking on sharpely.

Question 6

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

Accepted Answer

On a risk-adjusted basis, Mahindra Manulife Multi Cap Fund Direct-Growth has a Sharpe ratio of 0.82 compared to the Equity: Multi Cap average of 0.72 as of 16 Jul 2026. It ranks 5 out of 19 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+6.24%	3.76%	11 / 35
3Y Return	+18.82%	16.90%	6 / 19
5Y Return	+17.27%	15.11%	2 / 9

Mahindra Manulife Multi Cap Fund Direct-Growth

Similar Funds

Funds in Equity: Multi Cap

Funds Tracking Nifty 500 Multicap 50:25:25 Total Return Index

Frequently Asked Questions

Funds in Equity: Multi Cap

Funds Tracking Nifty 500 Multicap 50:25:25 Total Return Index

Frequently Asked Questions