|Min SIP Amount||₹500|
|NAV||₹13.96 (02 Dec 2020)|
|Fund Started||11 May 2017|
|Fund Size||₹346 Cr|
|ICICI Bank Ltd.||Financial||Equity||6.7%|
|Reliance Industries Ltd.||Energy||Equity||6.5%|
|HDFC Bank Ltd.||Financial||Equity||5.8%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||5.3%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||2.9%|
|Maruti Suzuki India Ltd.||Automobile||Equity||2.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.7%|
Mahindra Manulife Multi Cap Badhat Yojana Direct Dividend is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 11 May 2017. Ratish Varier is the Current Fund Manager of Mahindra Manulife Multi Cap Badhat Yojana Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹346 Cr and the Latest NAV as of 02 Dec 2020 is ₹13.96.
The Mahindra Manulife Multi Cap Badhat Yojana Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 1 year.
The scheme seeks to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.