NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹11.17
0.92%
NAV as on 06 Apr 26, 12:00 AM
risk
value fund
equity
NAV as on 06 Apr 26, 12:00 AM
risk
value fund
equity
8.98%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
10.63%p.a.
Since Inception
About Mahindra Manulife Value Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Value Fund -Growth scheme from Mahindra Manulife Investment Management Private Limited. It is a Value Fund mutual fund scheme that predominantly invests in Value Fund stocks of companies. Launched on Mar 2025, Mahindra Manulife Value Fund -Growth is Value Fund fund of its category with 706.1 Cr fund under management as on Apr 2026. The expense ratio of this fund is less than that of most other Fund category Value Fund funds.
- Mahindra Manulife Value Fund -Growth delivered 9.0% annual returns during the last year. It has delivered 10.6% average annual returns since the fund was launched.
- Mahindra Manulife Value Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments of companies which are undervalued (or are trading below their intrinsic value). However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Top 10 Holdings
Lakshmi Machine Works Ltd
0.96%
The Ramco Cements Ltd
2.14%
Manappuram Finance Ltd
1.36%
NCC Ltd
0.82%
National Aluminium Company Ltd
0.83%
NMDC Ltd
1.39%
PNB Housing Finance Ltd
1.12%
Punjab National Bank
1.01%
Reliance Industries Ltd
2.67%
REC Ltd
1.71%
Fund Managers
- Krishna Sanghavi (Feb 2025 - Present)
- Vishal Jajoo (Feb 2025 - Present)
Key Information
View Scheme Document
Mahindra Manulife Value Fund -Growth SIP Calculator
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₹0(+0.0%)
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Fixed Deposit
NRI Mutual Fund Tax on Mahindra Manulife Value Fund -Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mahindra Manulife Value Fund -Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mahindra Manulife Value Fund -Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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