Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW - Latest NAV[15.63], MF Performance & Returns 2022

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
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: 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
Reliance Industries Ltd.
EnergyEquity4.8%
Housing Development Finance Corpn. Ltd.
FinancialEquity4.2%
ICICI Bank Ltd.
FinancialEquity4.0%
State Bank of India
FinancialEquity4.0%
Infosys Ltd.
TechnologyEquity3.6%
Tata Consultancy Services Ltd.
TechnologyEquity3.4%
United Spirits Ltd.
FMCGEquity3.3%
Maruti Suzuki India Ltd.
AutomobileEquity2.7%
Bajaj Housing Finance Ltd.
FinancialNCD2.7%
Hero Motocorp Ltd.
AutomobileEquity2.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
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%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.72%
31 Oct 2021 - 30 Nov 2021
0.72%
30 Sep 2021 - 31 Oct 2021
0.72%
31 Aug 2021 - 30 Sep 2021
0.72%
31 Jul 2021 - 31 Aug 2021
0.72%
30 Jun 2021 - 31 Jul 2021
0.72%
31 May 2021 - 30 Jun 2021
0.76%
30 Apr 2021 - 31 May 2021
0.85%
31 Mar 2021 - 30 Apr 2021
0.85%
28 Feb 2021 - 31 Mar 2021
0.85%
31 Jan 2021 - 28 Feb 2021
0.87%
31 Dec 2020 - 31 Jan 2021
0.86%
30 Nov 2020 - 31 Dec 2020
0.86%
31 Oct 2020 - 30 Nov 2020
0.86%
30 Sep 2020 - 31 Oct 2020
0.86%
31 Aug 2020 - 30 Sep 2020
0.74%
31 Jul 2020 - 31 Aug 2020
0.74%
30 Jun 2020 - 31 Jul 2020
0.74%
31 May 2020 - 30 Jun 2020
0.74%
30 Apr 2020 - 31 May 2020
0.66%
31 Mar 2020 - 30 Apr 2020
0.66%
29 Feb 2020 - 31 Mar 2020
0.67%
31 Jan 2020 - 29 Feb 2020
0.78%
31 Dec 2019 - 31 Jan 2020
0.78%
30 Nov 2019 - 31 Dec 2019
0.80%
31 Oct 2019 - 30 Nov 2019
0.80%
30 Sep 2019 - 31 Oct 2019
0.80%
31 Aug 2019 - 30 Sep 2019
0.86%
31 Jul 2019 - 31 Aug 2019
0.86%
30 Jun 2019 - 31 Jul 2019
0.86%
31 May 2019 - 30 Jun 2019
0.86%
30 Apr 2019 - 31 May 2019
0.86%
31 Mar 2019 - 30 Apr 2019
0.62%
28 Feb 2019 - 31 Mar 2019
0.62%
31 Jan 2019 - 28 Feb 2019
0.80%
31 Dec 2018 - 31 Jan 2019
0.77%
30 Nov 2018 - 31 Dec 2018
0.57%
31 Oct 2018 - 30 Nov 2018
0.63%
30 Sep 2018 - 31 Oct 2018
0.66%
31 Aug 2018 - 30 Sep 2018
0.67%
31 Jul 2018 - 31 Aug 2018
0.70%
30 Jun 2018 - 31 Jul 2018
0.70%
31 May 2018 - 30 Jun 2018
0.67%
30 Apr 2018 - 31 May 2018
0.69%
31 Mar 2018 - 30 Apr 2018
0.68%
28 Feb 2018 - 31 Mar 2018
0.82%
31 Jan 2018 - 28 Feb 2018
0.83%
31 Dec 2017 - 31 Jan 2018
0.83%
30 Nov 2017 - 31 Dec 2017
0.98%
31 Oct 2017 - 30 Nov 2017
0.84%
Expense ratio, exit load and taxExpense ratio: 0.72%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementRahul 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
Mahindra Manulife Liquid Fund Regular IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Daily
Mahindra Manulife Liquid Fund Direct IDCW Weekly
Mahindra Manulife Liquid Fund Regular Growth
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Liquid Fund Regular IDCW Weekly
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Low Duration Fund Regular IDCW Daily
Mahindra Manulife Low Duration Fund Regular IDCW Weekly
Mahindra Manulife Low Duration Fund Regular IDCW Monthly
Mahindra Manulife Low Duration Fund Direct IDCW Daily
Mahindra Manulife Low Duration Fund Direct IDCW Weekly
Mahindra Manulife Low Duration Fund Direct IDCW Monthly
Mahindra Manulife Low Duration Fund Regular Growth
Mahindra Manulife Dynamic Bond Yojana Regular Growth
Mahindra Manulife Dynamic Bond Yojana Regular IDCW Quarterly
Mahindra Manulife Dynamic Bond Yojana Direct Growth
Mahindra Manulife Dynamic Bond Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Direct Growth
Mahindra Manulife Ultra Short Term Fund Regular Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Mahindra Manulife Short Term Fund Regular Growth
Mahindra Manulife Short Term Fund Direct Growth
Mahindra Manulife Short Term Fund Direct IDCW
Mahindra Manulife Balanced Advantage Yojana Direct Growth
Fatema Pacha
Oct 2020 - Present
View details
Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
Mahindra Manulife Multi Cap Badhat Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Regular IDCW
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Regular Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct IDCW
Mahindra Manulife Rural Bharat And Consumption Yojana Regular IDCW
Mahindra Manulife Large Cap Pragati Yojana Direct Growth
Mahindra Manulife Large Cap Pragati Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Mahindra Manulife Focused Equity Yojana Direct Growth
Mahindra Manulife Focused Equity Yojana Direct IDCW
Mahindra Manulife Focused Equity Yojana Regular Growth
Mahindra Manulife Flexi Cap Yojana Regular Growth
Mahindra Manulife Flexi Cap Yojana Direct Growth
Mahindra Manulife Balanced Advantage Yojana Direct Growth
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining MMIMPL, 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
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
Mahindra Manulife Multi Cap Badhat Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Regular IDCW
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Mahindra Manulife Mid Cap Unnati Yojana Regular IDCW
Mahindra Manulife Mid Cap Unnati Yojana Direct IDCW
Mahindra Manulife Mid Cap Unnati Yojana Regular Growth
Mahindra Manulife Mid Cap Unnati Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Top 250 Nivesh Yojana Direct Growth
Mahindra Manulife Top 250 Nivesh Yojana Direct IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Mahindra Manulife Flexi Cap Yojana Regular Growth
Mahindra Manulife Flexi Cap Yojana Direct Growth
Mahindra Manulife Balanced Advantage Yojana Direct Growth
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
 Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme 
 Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Rahul Pal, Ratish Varier is the Current Fund Manager of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 17 Jan 2022 is ₹15.63.
The Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
...Read more
Investment Objective
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage op
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
...Read more
Fund benchmarkNIFTY Equity Savings TRI
Scheme Information Document(SID)
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
NA
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
www.camsonline.com
Compare funds
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
VS
Add mutual fund to compare
FAQsHow 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 19.06% 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 0.72% as of 18 Jan 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 ₹372.63Cr as of 18 Jan 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?
You can select either SIP  or Lumpsum  investment of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW based on your investment objective and risk tolerance.
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 ₹15.63 as of 17 Jan 2022.
What is the PE and PB ratio of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW?
The PE ratio ratio of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	6M	1Y	3Y	All
Fund returns	NA	19.1%	15.7%	12.0%
Category average	NA	20.4%	8.3%	NA
Rank with in category	NA	2	1	NA

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Equity	4.8%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.2%
ICICI Bank Ltd.	Financial	Equity	4.0%
State Bank of India	Financial	Equity	4.0%
Infosys Ltd.	Technology	Equity	3.6%
Tata Consultancy Services Ltd.	Technology	Equity	3.4%
United Spirits Ltd.	FMCG	Equity	3.3%
Maruti Suzuki India Ltd.	Automobile	Equity	2.7%
Bajaj Housing Finance Ltd.	Financial	NCD	2.7%
Hero Motocorp Ltd.	Automobile	Equity	2.4%

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr

Date of Incorporation	04 Feb 2016

Fund benchmark	NIFTY Equity Savings TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestGroww AcademySitemap
ⓒ 2016-2022 Groww. All rights reserved, Built with ♥in India

Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	5
Fund size	₹372.63Cr