Compare Mutual Funds

Insights from Fund Comparison

• Both Nippon India Focused Fund (G) and Mahindra Manulife Focused Fund (IDCW) are Focused Fund, Equity schemes. Nippon India Focused Fund (G) is 19 yrs 4 m old and manages ₹8,496.66 Crs, whereas Mahindra Manulife Focused Fund (IDCW) is 5 yrs 5 m old with ₹2,238.45 Crs.
• Nippon India Focused Fund (G) is therefore older and larger, which may indicate more experience and investor confidence.
• Nippon India Focused Fund (G) has its top 3 sectors in Banks (23.98%), Power Generation & Distribution (9.24%), and Finance (7.69%), while Mahindra Manulife Focused Fund (IDCW) focuses on Banks (27.43%), IT - Software (7.44%), and Refineries (5.58%).
• The funds share exposure to Banks, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• Nippon India Focused Fund (G) holds ICICI Bank Limited (9.58%), Axis Bank Limited (7.44%), NTPC Limited (5.46%), Reliance Industries Limited (5.35%), and Infosys Limited (5.24%), whereas Mahindra Manulife Focused Fund (IDCW) holds ICICI Bank Limited (8.56%), Reliance Industries Limited (5.58%), State Bank of India (5.10%), Larsen & Toubro Limited (5.09%), and HDFC Bank Limited (4.92%).
• The funds share exposure to ICICI Bank Limited and Reliance Industries Limited, which makes their performance partly correlated. However, the unique holdings like Axis Bank Limited in Nippon India Focused Fund (G) and State Bank of India in Mahindra Manulife Focused Fund (IDCW) can create divergence depending on how these stocks perform.
• In terms of risk profile, Nippon India Focused Fund (G) has 96.94% equity and 0.00% debt, while Mahindra Manulife Focused Fund (IDCW) has 97.58% equity and 0.00% debt.
• Risk profile is similar for both funds.
• Nippon India Focused Fund (G) showed short-term strength over 6 Months (returns: -9.09%), outperforming Mahindra Manulife Focused Fund (IDCW) by 4.43%. However, other periods (3 Months, 1 Year, 3 Years, 5 Years, returns: -12.18%, 1.82%, 12.26%, 11.77% ) lagged behind, suggesting this could be a temporary upswing. Monitor for sustained momentum before making long-term decisions.