Mahindra Manulife Mid Cap Fund shows strong performance

In a recent episode of Top Funds on Business Today TV, experts discussed the Mahindra Manulife Mid Cap Fund. This fund has gained attention as the Nifty index continues its rally, reaching 23,051.75, and the Sensex reaching 75,898.42. The Mahindra Manulife Mid Cap Fund has a net asset value (NAV) of ₹33.773 per unit and total assets under management (AUM) of ₹3,067 crore. Since launching in January 2018, it has achieved a compound annual growth rate (CAGR) of 18.6%. Investors who have made a seven-year systematic investment plan (SIP) of ₹10,000 have seen it grow to ₹19.86 lakh, reflecting a CAGR of 24.2%. The fund includes 67 different stocks, with its top 10 holdings making up 23.3% of the total portfolio. Some of the largest equity holdings are in companies like Max Healthcare, SBI, Indian Bank, Voltas, Federal Bank, ICICI Bank, Bluestar, HDFC Bank, and Jindal Steel. Viewers can watch the episode for expert insights on the fund's historical performance and what to expect in the current market. Please note that this information is for educational purposes, and it's important to do thorough research and consult a financial advisor before investing.