Fund Details
Mahindra Manulife Multi Cap Badhat Yojana Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.86% |
| NAV | ₹13.96 (02 Dec 2020) |
|---|---|
| Fund Started | 11 May 2017 |
| Fund Size | ₹346 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.86%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
1. Age is less than 5 years
2. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| 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% |
| Infosys Ltd. | Technology | Equity | 4.9% |
| 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% |
Fund Managers
Mahindra Manulife Multi Cap Badhat Yojana Direct Dividend Details
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.
Investment Objective
The scheme seeks to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality.
Tax Implications
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.
