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| NAV: 20 Dec 2024 | ₹16.91 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹564.07Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Equity Savings
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 11.8% | 10.9% | 12.7% | 11.1% |
| Category average | 11.8% | 9.5% | 9.6% | NA |
| Rank with in category | 11 | 10 | 2 | NA |
Understand terms
Peer Comparison
| Hybrid, Equity Savings funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Edelweiss Equity Savings Fund Direct IDCW | 4 | 14.4% | 11.2% | 508.67 |
Edelweiss Equity Savings Fund Direct IDCW Monthly | 4 | 14.4% | 11.2% | 508.67 |
UTI Equity Savings Fund Direct IDCW Quarterly | 4 | NA | NA | 594.41 |
UTI Equity Savings Fund Direct IDCW Monthly | 4 | NA | NA | 594.41 |
UTI Equity Savings Fund Direct IDCW | 4 | NA | NA | 594.41 |
Holdings (123)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Ambuja Cements Ltd. | Construction | Equity | 4.95% |
HDFC Bank Ltd. | Financial | Equity | 4.42% |
ICICI Bank Ltd. | Financial | Equity | 3.23% |
Reliance Industries Ltd. | Energy | Equity | 3.19% |
GOI | Sovereign | GOI Sec | 3.19% |
Bajaj Finance Ltd. | Financial | Equity | 2.86% |
ITC Ltd. | Consumer Staples | Equity | 2.84% |
Brookfield India Real Estate Trust REIT | Construction | REITs | 2.71% |
Larsen & Toubro Ltd. | Construction | Equity | 2.53% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 2.47% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.43% |
Tech Mahindra Ltd. | Technology | Equity | 2.15% |
Godrej Industries Ltd. | Consumer Staples | NCD | 1.73% |
LIC Housing Finance Ltd. | Financial | Bonds | 1.72% |
Reserve Bank of India | Financial | T-Bills | 1.69% |
Reserve Bank of India | Financial | T-Bills | 1.65% |
Reserve Bank of India | Financial | T-Bills | 1.64% |
Infosys Ltd. | Technology | Equity | 1.41% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.37% |
Canara Bank | Financial | Equity | 1.33% |
NTPC Ltd. | Energy | Equity | 1.32% |
State Bank of India | Financial | Equity | 1.28% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 1.25% |
Divi's Laboratories Ltd. | Healthcare | Equity | 1.22% |
Muthoot Finance Ltd. | Financial | NCD | 1.21% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.20% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.16% |
Canara Bank | Financial | CD | 1.14% |
Indusind Bank Ltd. | Financial | Equity | 1.04% |
Tata Motors Finance Ltd. | Financial | ZCB | 1.04% |
LTIMindtree Ltd. | Technology | Equity | 1.01% |
Grasim Industries Ltd. | Construction | Equity | 0.91% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.88% |
Bharti Telecom Ltd. | Communication | Debenture | 0.87% |
Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.87% |
Shriram Finance Ltd | Financial | Debenture | 0.86% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.86% |
Reserve Bank of India | Financial | T-Bills | 0.86% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.86% |
GAIL (India) Ltd. | Energy | Equity | 0.85% |
Coal India Ltd. | Energy | Equity | 0.84% |
Reserve Bank of India | Financial | T-Bills | 0.84% |
Shree Cement Ltd. | Construction | Equity | 0.82% |
Reserve Bank of India | Financial | T-Bills | 0.82% |
Tata Consumer Products Ltd. | Consumer Staples | Equity | 0.78% |
Asahi India Glass Ltd. | Construction | Equity | 0.74% |
LG Balakrishnan & Bros Ltd. | Automobile | Equity | 0.73% |
Persistent Systems Ltd. | Technology | Equity | 0.71% |
Wipro Ltd. | Technology | Equity | 0.69% |
GOI | Sovereign | GOI Sec | 0.69% |
Godrej Properties Ltd. | Construction | NCD | 0.69% |
Reserve Bank of India | Financial | T-Bills | 0.67% |
Aditya Vision Ltd. | Services | Equity | 0.67% |
Havells India Ltd. | Capital Goods | Equity | 0.65% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.65% |
Coromandel International Ltd. | Chemicals | Equity | 0.64% |
GOI | Sovereign | GOI Sec | 0.62% |
Godrej Industries Ltd. | Consumer Staples | Debenture | 0.61% |
L&T Finance Ltd. | Financial | Equity | 0.56% |
ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 0.52% |
Nitin Spinners Ltd. | Textiles | Equity | 0.51% |
Dabur India Ltd. | Consumer Staples | Equity | 0.50% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.49% |
Syrma SGS Technology Ltd. | Capital Goods | Equity | 0.49% |
Tata Motors Ltd. | Automobile | Equity | 0.44% |
GOI | Sovereign | GOI Sec | 0.44% |
Inox India Ltd. | Metals & Mining | Equity | 0.43% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.43% |
National Bank For Agriculture & Rural Development | Financial | FRB | 0.43% |
Tata Realty and Infrastructure Ltd. | Construction | Debenture | 0.43% |
TVS Credit Services Ltd. | Financial | Debenture | 0.43% |
Kei Industries Ltd. | Capital Goods | Equity | 0.39% |
REC Ltd. | Financial | Equity | 0.35% |
CESC Ltd. | Energy | Equity | 0.35% |
Archean Chemical Industries Ltd. | Chemicals | Equity | 0.35% |
Escorts Kubota Ltd. | Automobile | Equity | 0.34% |
Kirloskar Brothers Ltd. | Capital Goods | Equity | 0.34% |
Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 0.34% |
Piramal Enterprises Ltd. | Healthcare | Equity | 0.33% |
ISGEC Heavy Engineering Ltd. | Capital Goods | Equity | 0.33% |
Reserve Bank of India | Financial | T-Bills | 0.33% |
Bank Of Baroda | Financial | Equity | 0.32% |
Carborundum Universal Ltd. | Metals & Mining | Equity | 0.31% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.31% |
Bharti Airtel Ltd. | Communication | Equity | 0.31% |
JK Cement Ltd. | Construction | Equity | 0.31% |
PTC Industries Ltd. | Metals & Mining | Equity | 0.30% |
Jyothy Labs Ltd. | Consumer Staples | Equity | 0.30% |
Gland Pharma Ltd. | Healthcare | Equity | 0.30% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.29% |
Petronet LNG Ltd. | Energy | Equity | 0.29% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.28% |
S.P. Apparels Ltd. | Textiles | Equity | 0.27% |
Technocraft Industries (India) Ltd. | Metals & Mining | Equity | 0.25% |
Grasim Industries Ltd. - (Partly Paid Equity1) | Construction | PPE | 0.02% |
Voltas Ltd. | Consumer Discretionary | Futures | -0.07% |
Tata Consumer Products Ltd. | Consumer Staples | Futures | -0.22% |
GAIL (India) Ltd. | Energy | Futures | -0.24% |
Indusind Bank Ltd. | Financial | Futures | -0.24% |
Persistent Systems Ltd. | Technology | Futures | -0.27% |
NTPC Ltd. | Energy | Futures | -0.29% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.30% |
Grasim Industries Ltd. | Construction | Futures | -0.38% |
SBI Life Insurance Company Ltd. | Insurance | Futures | -0.38% |
Infosys Ltd. | Technology | Futures | -0.43% |
Coal India Ltd. | Energy | Futures | -0.47% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -0.66% |
Havells India Ltd. | Capital Goods | Futures | -0.66% |
Wipro Ltd. | Technology | Futures | -0.69% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.91% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -1.08% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -1.17% |
Tech Mahindra Ltd. | Technology | Futures | -1.21% |
Canara Bank | Financial | Futures | -1.34% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -1.80% |
Larsen & Toubro Ltd. | Construction | Futures | -2.05% |
ICICI Bank Ltd. | Financial | Futures | -2.07% |
ITC Ltd. | Consumer Staples | Futures | -2.10% |
Reliance Industries Ltd. | Energy | Futures | -2.48% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -2.49% |
Bajaj Finance Ltd. | Financial | Futures | -2.88% |
HDFC Bank Ltd. | Financial | Futures | -3.30% |
Ambuja Cements Ltd. | Construction | Futures | -4.98% |
See All
Pros and cons
Category: Hybrid Equity Savings
Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.69%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
1Y annualised returns lower than category average by 0.09%
Expense ratio, exit load and tax
Expense ratio: 0.69%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 15 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rahul PalJan 2017 - PresentView details
Rahul Pal
Jan 2017 - Present
View details
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Manish LodhaDec 2020 - PresentView details
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Renjith Sivaram RadhakrishnanJul 2023 - PresentView details
Renjith Sivaram Radhakrishnan
Jul 2023 - Present
View details
Education
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd
Also manages these schemes
Pranav Nishith PatelJan 2024 - PresentView details
Pranav Nishith Patel
Jan 2024 - Present
View details
Fund house & investment objective
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]Website
www.mahindramutualfund.com
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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