Mahindra Manulife Mid Cap Fund(IDCW-Payout)
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Business Overview
Mahindra Manulife Mid Cap Fund is designed for investors seeking long-term capital appreciation through investments in mid-cap stocks. This fund is ideal for those looking to diversify their portfolio and tap into the growth potential of mid-sized companies in India. With a focus on quality and growth, it aims to deliver attractive returns while managing risk effectively. The IDCW-Payout option allows investors to receive regular income, making it suitable for those seeking both growth and income.
- Focus on mid-cap stocks for growth potential
- Ideal for long-term investors
- Offers regular income through IDCW-Payout
- Diversifies investment portfolio
- Managed by experienced professionals
Investment Thesis
Mahindra Manulife Mid Cap Fund stands out due to its robust promoter credibility and a strong focus on digital services, positioning it well for future growth. With attractive valuations compared to peers, this fund offers a compelling opportunity for investors seeking to capitalize on the mid-cap segment's potential.
- Strong backing from the Mahindra Group enhances credibility.
- Focus on digital services aligns with market trends and consumer behavior.
- Attractive valuation metrics compared to industry peers.
- Potential for significant capital appreciation in the mid-cap segment.
- Experienced management team with a proven track record.
Peer Perspective
Mahindra Manulife Mid Cap Fund trades at a slight premium compared to peers like Axis Midcap Fund and Kotak Emerging Equity Fund. A sustained improvement in margin stability could trigger a rerating.
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10BusinessHighThe fund is invested in mid-cap companies which are generally in growth sectors, but specific business models vary.
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10GrowthHighThe fund has shown consistent revenue and profit growth over the past few years.
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10ProfitabilityHighROE and ROCE are above industry averages, but OCF is slightly below net profit.
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8ValuationHighP/E and P/B ratios are in line with peers, indicating fair valuation.
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7BalanceHighThe fund maintains a healthy debt/equity ratio and good liquidity.
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6GovernanceGoodPromoter holding is strong, but there are minor concerns regarding pledging.
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5DriversGoodGrowth catalysts are present, but execution risks remain due to market volatility.
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5TechnicalsGoodMarket sentiment is neutral with moderate liquidity.