MF Gyan
sectorHigh risk6 years oldCooling recently (last 6m ≈ 3% p.a.)

Mahindra Manulife Focused Fund - Direct Plan - Growth

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Mahindra Manulife Mutual Fund. It's been running since 19 Nov 2020.

Latest price per unit
₹29.6155
▲ 0.35% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹3.8k gain · 3.8% / year
Invested 3 years ago
₹1.51 L
▲ ₹51.1k gain · 14.8% / year
Invested 5 years ago
₹1.95 L
▲ ₹95.4k gain · 14.3% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.97 L
Gain / loss+₹16.7k
XIRR (annualised)6.15%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.98 L
Projected gain*+₹18.1k
*at this fund's historical rate of 6.15% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 19 other funds in Equity Schemes - Focused Fund

Same plan
1-year return
3.83%median 1.81% (+2.03%)
Rank #10 of 20Beats 53% of peers
3-year return
14.76%median 12.36% (+2.40%)
Rank #4 of 20Beats 84% of peers
5-year return
14.33%median 10.37% (+3.96%)
Rank #3 of 20Beats 89% of peers
Bumpiness (3Y)
13.85%median 15.11% (-1.26%)
Rank #7 of 20Less risky than 68% of peers
Worst-ever drop
-16.47%median -34.15% (+17.68%)
Rank #20 of 20Less risky than 0% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 7 years were positive.

+8%
2020
+42%
2021
+9%
2022
+31%
2023
+22%
2024
+8%
2025
-2%
2026
Best year
2021 · 41.72%
Worst year
2026 · -1.57%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
13.9%

The value swings roughly 14% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-16.47%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mahindra Manulife Focused Fund - Direct Plan - Growth against other sector funds.

Technical details (for the pros)
CAGR — 1 year3.83%
CAGR — 3 years14.76%
CAGR — 5 years14.33%
CAGR — since launch20.61%
Volatility — 1 year (annualised)12.38%
Volatility — 3 years (annualised)13.85%
Max drawdown — 1 year-11.60%
Max drawdown — 3 years-16.47%
Sharpe ratio — 1 year (rf=6%)-0.17
Sharpe ratio — 3 years (rf=6%)0.58

Fund info

Fund house
Mahindra Manulife Mutual Fund
Category
Equity Schemes - Focused Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF174V01AG7
ISIN (Div re-invest)
—
Fund code
148567
First price on record
19 Nov 2020 · 1,428 daily prices

About Mahindra Manulife Focused Fund - Direct Plan - Growth

Mahindra Manulife Focused Fund - Direct Plan - Growth is a Equity Schemes - Focused Fund offered by Mahindra Manulife Mutual Fund under the Direct plan with the Growth option. It has approximately 6 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of Mahindra Manulife Focused Fund - Direct Plan - Growth is ₹29.6155 (as of 4 Sep 2026). Historically, it has delivered 3.83% over the last year, 14.76% CAGR over 3 years, 14.33% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 13.9% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 16.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mahindra Manulife Focused Fund - Direct Plan - Growth?+

The latest NAV of Mahindra Manulife Focused Fund - Direct Plan - Growth is ₹29.6155 as of 4 Sep 2026, up 0.35% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mahindra Manulife Focused Fund - Direct Plan - Growth?+

Mahindra Manulife Focused Fund - Direct Plan - Growth has delivered 1-year return 3.83%, 3-year CAGR 14.76%, 5-year CAGR 14.33%, since-inception CAGR 20.61%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mahindra Manulife Focused Fund - Direct Plan - Growth belong to?+

Mahindra Manulife Focused Fund - Direct Plan - Growth is categorised as Equity Schemes - Focused Fund. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is Mahindra Manulife Focused Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 13.9%, Mahindra Manulife Focused Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mahindra Manulife Focused Fund - Direct Plan - Growth a direct plan?+

Mahindra Manulife Focused Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mahindra Manulife Focused Fund - Direct Plan - Growth?+

Mahindra Manulife Focused Fund - Direct Plan - Growth has NAV history available from 19 Nov 2020 — approximately 6 years of track record and 1,428 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.