| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.81% |
| NAV | ₹11.78 (29 Oct 2020) |
|---|---|
| Fund Started | 20 Aug 2018 |
| Fund Size | ₹119 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.0% |
| JM Financial Asset Reconstruction Company Ltd | Financial | ZCB | 5.1% |
| REC Ltd. | Financial | Bonds | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.4% |
| Power Finance Corpn. Ltd. | Financial | Bonds | 4.3% |
| Manappuram Finance Ltd. | Financial | NCD | 4.3% |
| AU Small Finance Bank Ltd. | Financial | Debenture | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.2% |
| Northern ARC Capital Ltd. | Financial | CP | 4.2% |
| Nayara Energy Ltd. | Energy | Bonds/NCD | 4.2% |
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 ₹119 Cr and the Latest NAV as of 29 Oct 2020 is ₹11.78.
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 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.