| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.86% |
| NAV | ₹11.57 (10 Jul 2020) |
|---|---|
| Fund Started | 11 May 2017 |
| Fund Size | ₹312 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Reliance Industries Ltd. | Energy | Equity | 4.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.9% |
| Bharti Airtel Ltd. | Communication | Equity | 4.4% |
| Infosys Ltd. | Technology | Equity | 3.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.9% |
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 ₹312 Cr and the Latest NAV as of 10 Jul 2020 is ₹11.57.
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 investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.
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.