|Min SIP Amount||₹500|
|NAV||₹11.20 (02 Dec 2020)|
|Fund Started||20 Aug 2018|
|Fund Size||₹119 Cr|
|JM Financial Asset Reconstruction Company Ltd||Financial||ZCB||5.1%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||4.4%|
|Manappuram Finance Ltd.||Financial||NCD||4.3%|
|Power Finance Corpn. Ltd.||Financial||Bonds||4.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.3%|
|AU Small Finance Bank Ltd.||Financial||Debenture||4.3%|
|Nayara Energy Ltd.||Energy||Bonds/NCD||4.2%|
Mahindra Manulife Credit Risk Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 20 Aug 2018. Rahul Pal is the Current Fund Manager of Mahindra Manulife Credit Risk Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹119 Cr and the Latest NAV as of 02 Dec 2020 is ₹11.20.
The Mahindra Manulife Credit Risk Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. For units more than 10% of the allotted, an exit load of 1% will be charged if redeemed within 12 months.
The Scheme seeks to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments while maintaining the optimum balance of yield, safety and liquidity.