Tithi

Mahindra Manulife Mid Cap Fund - Direct Plan - Growth

Mahindra Manulife Mutual Fund

Equity Schemes - Mid Cap Fund

Best SIP day: the 22nd.

Best SIP day for this fund

The 22nd

Date effect

The 22nd had the highest full-history XIRR for this fund. It sits 0.19 pp above the middle of the month, over 8.7 years.

Why the 22nd

  1. Highest return of all 28 dates
    20.011%

    Full-history XIRR, 0.19 pp above the middle of the month (19.822%).

  2. How far apart the 28 dates are
    0.26 pp

    From the 9th (19.748%) up to the 22nd. Wider than the 0.25 pp a date effect needs, and the order of dates held across the history (0.64, above 0.6).

  3. What the spread is worth
    ₹19,858

    Between the highest- and lowest-value dates (the 22nd and the 27th) on a notional ₹10,000 a month: 0.8% of the ₹25.5 lakh it grew to over 8.7 years.

Missing one instalment costs more than picking this date over a typical one.

Higher than todayLower than todayTodayBest dayNot a SIP date

Each SIP date shows its full-history XIRR. Dates shaded as “higher than today” beat today’s date; the other shade fell short. Weakest to strongest across all 28 is 0.26 pp, and the deeper the fill, the further from today’s figure that date sat. Tap a date (1–28) to compare it with the named day; that does not change the answer.

Loading the calendar

Does not change the named day.

The 22nd · Date effect · 0.26 pp range