Fund Details
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.85% |
| NAV | ₹15.88 (16 Apr 2021) |
|---|---|
| Fund Started | 11 May 2017 |
| Fund Size | ₹451 Cr |
Returns
Comparison
1. Lower expense ratio - 0.85%
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 5.1% |
| State Bank of India | Financial | Equity | 4.1% |
| Infosys Ltd. | Technology | Equity | 3.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
| Tata Power Co. Ltd. | Energy | Equity | 2.6% |
| Dalmia Bharat Ltd. | Construction | Equity | 2.4% |
| HDFC Bank Ltd. | Financial | Equity | 2.3% |
| Steel Authority Of India Ltd. | Metals | Equity | 2.3% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.1% |
Fund Managers
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW Details
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹451 Cr and the Latest NAV as of 16 Apr 2021 is ₹15.88.
The Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW is rated Very 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.
