HDFC Multi Cap Fund vs Mahindra Manulife Multi Cap Fund
Over the last 3 years, Mahindra Manulife Multi Cap Fund returned 18.4% a year against 12.2% for HDFC Multi Cap Fund (Direct plans). Data as of 12 Nov 2026.
| HDFC Multi Cap Fund | Mahindra Manulife Multi Cap Fund | |
|---|---|---|
| Category | Multi Cap | Multi Cap |
| Fund house | HDFC Mutual Fund | Mahindra Manulife Mutual Fund |
| Benchmark | NIFTY500 Multicap 50:25:25 TRI | NIFTY500 Multicap 50:25:25 TRI |
| Age | 4.9 years | 9.5 years |
| AUM on 30 Oct 2026 | ₹19,087 cr | ₹7,338 cr |
| Direct plan | ||
| Rating | C | A |
| Expense ratio | 0.95% | 0.95% |
| 1Y return | -1.4% | 12.2% |
| 3Y return (a year) | 12.2% | 18.4% |
| 5Y return (a year) | – | 14.9% |
| 3Y vs index | -0.7% | +5.5% |
| Rating score, rank | 15 · #23 of 23 | 69 · #4 of 23 |
| Regular plan | ||
| Rating | C | A |
| Expense ratio | 1.78% | 2.18% |
| 1Y return | -2.2% | 10.7% |
| 3Y return (a year) | 11.1% | 16.8% |
| 5Y return (a year) | – | 13.2% |
| 3Y vs index | -1.8% | +3.8% |
| Rating score, rank | 20 · #22 of 23 | 69 · #4 of 23 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | – | 100% |
| Deepest fall, 3Y | -20.2% | -20.2% |
| Volatility, 3Y | 15.6% | 16.2% |
| Max fall, 5Y | -20.2% | -20.6% |
| Down capture, 3Y | 100 | 95 |
| Stocks held | 119 | – |
| Top 10 holdings | 24% | – |
| Large / mid / small caps | 43 / 26 / 27% | – |
| Largest sector | Banks | – |
Common questions
HDFC Multi Cap Fund or Mahindra Manulife Multi Cap Fund: which is better?
On our track-record ratings (Direct plans), HDFC Multi Cap Fund is rated C and Mahindra Manulife Multi Cap Fund is rated A, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
HDFC Multi Cap Fund or Mahindra Manulife Multi Cap Fund: which has done better?
Over the last 3 years, Mahindra Manulife Multi Cap Fund returned 18.4% a year against 12.2% for HDFC Multi Cap Fund (Direct plans).
How much do HDFC Multi Cap Fund and Mahindra Manulife Multi Cap Fund overlap?
Holdings for one of these schemes are not available yet.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
More comparisons
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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