| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| Mahindra Liquid Fund | Debt | Low | 7.6% | 4star | ₹2,999 | |
| Mahindra ALP-Samay Bachat Yojana | Debt | Moderately Low | 7.9% | 3star | ₹233 | |
| Mahindra Unnati Emerging Business Yojana | Equity | Moderately High | -7.5% | 3star | ₹449 | |
| Mahindra Kar Bachat Yojana | Equity | Moderately High | -8.7% | 1star | ₹305 | |
| Mahindra Dhan Sanchay Yojana | Hybrid | Moderately High | -0.9% | 1star | ₹285 | |
| Mahindra Badhat Yojana | Equity | Moderately High | -6.8% | 1star | ₹280 | |
| View All Top 10 Mahindra Mutual Funds |
Mahindra is one of the leading brands in the country and has garnered trust of customers across the nation. Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL).
Mahindra provides various schemes across different market capitalization in various categories. It focuses mainly in the rural and semi-urban areas. The fact that Mahindra concentrates more on financially empowering masses in the rural area, makes it stand out in the mutual fund industry and it aspires to become the best financial service provider to people who live in semi-urban and rural areas.
The motto of the company is therefore unique because it not only wants to revolutionize the financial industry, it also aims at building a change within the community, by helping investors who do not hail from an urban set-up.
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.63% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.63% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Rahul Pal
| Launch Date | 3 Jul 2016 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 4star |
| AUM | ₹2,999Cr |
| 1Y Returns | 7.6% |
Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.9% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.9% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.
Fund Manager: Rahul Pal
| Launch Date | 14 Feb 2017 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 3star |
| AUM | ₹233Cr |
| 1Y Returns | 7.9% |
Fund Performance: This fund has consistently beaten its benchmark in Diversified segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -7.5% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -7.5% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.
Fund Manager: V Balasubramanian
| Launch Date | 29 Jan 2018 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 3star |
| AUM | ₹449Cr |
| 1Y Returns | -7.5% |
Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -8.66% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.66% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ratish Varier
| Launch Date | 17 Oct 2016 |
|---|---|
| Min Investment Amt | ₹500 |
| Groww Rating | 1star |
| AUM | ₹305Cr |
| 1Y Returns | -8.7% |
Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -0.87% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.87% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Hybrid mutual fund in India.
Fund Manager: Rahul Pal, Ratish Varier
| Launch Date | 31 Jan 2017 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 1star |
| AUM | ₹285Cr |
| 1Y Returns | -0.9% |
Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -6.85% returns.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.85% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.
Fund Manager: Ratish Varier
| Launch Date | 10 May 2017 |
|---|---|
| Min Investment Amt | ₹1,000 |
| Groww Rating | 1star |
| AUM | ₹280Cr |
| 1Y Returns | -6.8% |
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Tax saving or ELSS funds fall under Section 80 'C' of the Income Tax Act and are exempted up to a limit of Rs.1,50,000. These funds predominantly invest in equity and equity related mutual funds, which means, they provide decent returns to invetors. These schemes are extremely popular among retail investors due to the above reasons.
Equity funds invest in equity and equity related derivatives, which makes these funds volatile, but they provide substantial returns as well. These funds are ideal for investors who aim at obtaining long-term capital appreciation and are willing to take a certain amount of risk for it.
Debt funds are less volatile than equity funds and basically invest in money market instruments and government securities. these funds are not affected greatly by market forces and provide constant returns throughout. They are model investing tools for investors who aim to attain a regular income through mutual funds.
Hybrid funds aim to achieve wealth appreciation in the long-run and generate income in the short-run via a balanced portfolio. Hybrid funds can be differentiated as per their asset allocation. Some types of hybrid funds have a higher equity allocation while others allocate more to debt.
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