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Home>Mutual Funds>Mahindra Mutual Fund>Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW

Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW

Hybrid
Equity Savings
Moderately High Risk
Payout
15.68%
3Y annualised
+0.15% 1D
1M
6M
1Y
3Y
All
NAV: 17 Jan 2022₹15.63
Min. SIP amount₹500
Rating5
Fund size₹372.63Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA19.1%15.7%12.0%
Category averageNA20.4%8.3%NA
Rank with in categoryNA21NA
Understand terms

Holdings (53)

NameSectorInstrumentAssets
EnergyEquity4.8%
FinancialEquity4.2%
FinancialEquity4.0%
FinancialEquity4.0%
TechnologyEquity3.6%
TechnologyEquity3.4%
FMCGEquity3.3%
AutomobileEquity2.7%
FinancialNCD2.7%
AutomobileEquity2.4%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

3Y annualised returns higher than category average by 7.21%
Lower expense ratio: 0.72%
Consistently top ranked fund
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 2.43%

Expense ratio, exit load and tax

Expense ratio: 0.72%

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.

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 Pal
Jan 2017 - Present
View details
Fatema Pacha
Oct 2020 - Present
View details
Manish Lodha
Dec 2020 - Present
View details

Fund house & investment objective

Fund house contact details

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