Mahindra Low Duration Bachat Yojana Direct Growth is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 15 Feb 2017. Rahul Pal is the Current Fund Manager of Mahindra Low Duration Bachat Yojana Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹345 Cr and the Latest NAV as of 06 Dec 2019 is ₹1237.48.
The Mahindra Low Duration Bachat Yojana Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment