| NAV: 05 Jul 2022 | ₹13.94 |
| Min. SIP amount | ₹500 |
| Rating | 4 |
| Fund size | ₹425.91Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.4% | 11.1% | 8.8% | 9.7% |
| Category average | 20.4% | 8.3% | 8.2% | NA |
| Rank with in category | 7 | 2 | 2 | NA |
Holdings (62)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| ICICI Bank Ltd. | Financial | Equity | 4.0% |
| State Bank of India | Financial | Equity | 3.9% |
| Infosys Ltd. | Technology | Equity | 3.8% |
Export-Import Bank Of India | Financial | CD | 3.4% |
| Ambuja Cements Ltd. | Construction | Equity | 2.6% |
| United Spirits Ltd. | Consumer Staples | Equity | 2.6% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.4% |
| Tata Realty and Infrastructure Ltd. | Construction | Debenture | 2.4% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.62%
Inclusive of GST
Exit load
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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
Fatema PachaOct 2020 - PresentView details
Manish LodhaDec 2020 - PresentView details
Fund house & investment objective
Fund house contact details
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FAQs
How to Invest in Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
You can easily invest in Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW provide?
The Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW has been there from 01 Feb 2017 and the average annual returns provided by this fund is 3.39% since its inception.
How much expense ratio is charged by Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
The term
Expense Ratio used for Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is 0.62% as of 06 Jul 2022...
What is the AUM of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
The AUM, short for Assets Under Management of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is ₹425.91Cr as of 06 Jul 2022.
How to Redeem Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
If you want to sell your Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
What is the NAV of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
The NAV of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is ₹13.94 as of 05 Jul 2022.
