Share:

Mahindra Manulife Investment Management Private Limited has launched a new fund offer for Mahindra Manulife Flexi Cap Yojana. The fund is open for subscription between July 30, 2021, and August 13, 2021.

Read on to find out more about the NFO. 

Investment Objective

Mahindra Manulife Flexi Cap Yojana is an open-ended dynamic equity scheme investing across large-cap, mid-cap, small-cap stocks.

Invest in direct mutual funds

  • Enjoy 0% commission
  • SIP starting at ₹500

Indicative Asset Allocation

Types of Instruments  Indicative allocation  (% of total assets)  Risk Profile
Minimum Maximum
Equity & Equity related instruments ^ 65% 100% High
Debt and Money Market Securities (including TREPS (Tri-Party Repo), Reverse Repo)  0% 35% Low to Medium 
Units issued by REITs & InvITs. 0% 10% Medium to High

^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing, and other purposes as may be permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. 

Fund Details

Scheme name Mahindra Manulife Flexi Cap Yojana 
Type of scheme An open-ended dynamic equity scheme investing across large-cap, mid-cap, small-cap stocks
NFO Dates July 30, 2021 – August 13, 2021
Fund Managers Ms. Fatema Pacha, Mr. Manish Lodha
Benchmark Nifty 500 Index TRI
Minimum Amount for Application during NFO Rs. 1,000 and in multiples of Re. 1/- after that
Minimum Additional Purchase Amount Rs.1000 and in multiples of Re.1/- after that.
Minimum Redemption/Switch-Out Amount Rs. 1,000 and or 100 units or account balance, whichever is lower in respect of each Option. 
Load a) Entry Load: N.A

b) Exit Load: 

(i) 0.5%:  if units are redeemed/switched out up to 3 months from the date of allotment; 

(ii) Nil: if units are redeemed/switched out after 3 months from the date of allotment.

Plans Direct and Regular
Options
  1. Growth 
  2. Income Distribution cum Capital Withdrawal Option / IDCW Option
Minimum SIP Amount Rs 500 for a minimum of 6 months

Benchmark

Nifty 500 TRI (Total Return Index) 

The Nifty 500 benchmark represents the top 500 companies based on full market capitalisation.

A Total Return Index reflects the returns on the index arising from: 

(a) Listed stock price movements and 

(b) Dividend receipts from those stocks.

Fund Managers

Ms. Fatema Pacha

Ms. Fatema Pacha has been working as a Fund Manager (Equity) at Mahindra Manulife Investment Management Pvt. Ltd (MMIMPL) since September 30, 2020. In the past 10 years, she worked with ICICI Prudential Life Insurance as Fund Manager (Equity) and UTI Mutual Fund as Research Analyst (Equity). 

Other funds managed by her are:

  • Co-Fund Manager of Mahindra Manulife Rural Bharat and Consumption Yojana,
  • Mahindra Manulife ELSS Kar Bachat Yojana, 
  • Mahindra Manulife Multi-Cap Badhat Yojana, 
  • Mahindra Manulife Large Cap Pragati Yojana and, 
  • Mahindra Manulife Focused Equity Yojana
  • Co-Fund Manager of the equity portion of Mahindra Manulife Equity Savings Dhan Sanchay Yojana and, 
  • Mahindra Manulife Hybrid Equity Nivesh Yojana

Mr. Manish Lodha 

Mr. Manish Lodha has been a Fund Manager (Equity) at Mahindra Manulife Investment Management Pvt. Ltd since December 02, 2020. In the past 10 years, he worked with Canara HSBC OBC Life Insurance Co Ltd as Assistant Fund Manager (equity) and Kotak Mahindra Mutual Fund as Research Analyst (Equity). 

Other funds managed by him are:

  • Co-Fund Manager of Mahindra Manulife ELSS Kar Bachat Yojana, 
  • Mahindra Manulife Multi-Cap Badhat Yojana, 
  • Mahindra Manulife Mid Cap Unnati Yojana and,
  • Mahindra Manulife Top 250 Nivesh Yojana  
  • Co-Fund Manager of the equity portion of Mahindra Manulife Arbitrage Yojana, 
  • Mahindra Manulife Equity Savings Dhan Sanchay Yojana and, 
  • Mahindra Manulife Hybrid Equity Nivesh Yojana.

Share:

Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.