| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.69% |
| NAV | ₹11.59 (07 Aug 2020) |
|---|---|
| Fund Started | 20 Aug 2018 |
| Fund Size | ₹107 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.2% |
| Edelweiss Rural & Corporate Services Ltd. | Financial | DDB | 8.5% |
| JM Financial Asset Reconstruction Company Ltd | Financial | ZCB | 5.5% |
| REC Ltd. | Financial | Bonds | 5.0% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 5.0% |
| Manappuram Finance Ltd. | Financial | NCD | 4.8% |
| Godrej Properties Ltd. | Construction | Bonds/Deb | 4.7% |
| Godrej Agrovet Ltd. | FMCG | CP | 4.6% |
| IDFC First Bank Ltd. | Financial | CD | 4.6% |
| Nayara Energy Ltd. | Energy | Bonds/NCD | 4.5% |
Mahindra Manulife Credit Risk Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹107 Cr and the Latest NAV as of 07 Aug 2020 is ₹11.59.
The Mahindra Manulife Credit Risk Fund Direct Growth 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 investment objective of the Scheme is 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. . However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.