Mahindra Manulife Equity Savings Fund Direct IDCW

Hybrid
Arbitrage
Moderately High Risk
Payout
10.41%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 11 Oct 2024₹17.08
Min. SIP amount₹500
Rating3
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 Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.4%10.4%14.1%11.5%
Category average15.7%8.8%10.3%NA
Rank with in category1192NA
Understand terms

Holdings (107)

NameSectorInstrumentAssets
ConstructionEquity6.06%
EnergyEquity3.75%
GOI
SovereignGOI Sec3.47%
FinancialEquity3.45%
FinancialEquity3.25%
Consumer StaplesEquity3.18%
FinancialEquity3.10%
ConstructionREITs2.75%
HealthcareEquity2.71%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.65%
See All

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

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 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

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
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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