|Min SIP Amount||₹500|
|NAV||₹15.20 (19 Jan 2021)|
|Fund Started||11 May 2017|
|Fund Size||₹392 Cr|
|ICICI Bank Ltd.||Financial||Equity||7.4%|
|HDFC Bank Ltd.||Financial||Equity||6.5%|
|Reliance Industries Ltd.||Energy||Equity||5.6%|
|Bharti Airtel Ltd.||Communication||Equity||3.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.6%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.2%|
|Axis Bank Ltd.||Financial||Equity||3.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
|Larsen & Toubro Ltd.||Construction||Equity||2.8%|
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹392 Cr and the Latest NAV as of 19 Jan 2021 is ₹15.20.
The Mahindra Manulife Multi Cap Badhat Yojana Direct Growth 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.