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| NAV: 10 Jan 2025 | ₹22.79 |
| 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 | 9.4% | 9.4% | 12.5% | 10.9% |
| Category average | 9.9% | 8.3% | 9.3% | NA |
| Rank with in category | 12 | 11 | 2 | NA |
Understand terms
Peer Comparison
| Hybrid, Equity Savings funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HSBC Equity Savings Fund Direct Growth | 5 | 21.2% | 13.7% | 477.96 |
Kotak Equity Savings Fund Direct Growth | 5 | 11.5% | 11.6% | 7,643.87 |
Edelweiss Equity Savings Fund Direct Growth | 4 | 13.5% | 10.5% | 508.67 |
SBI Equity Savings Fund Direct Growth | 4 | 10.4% | 9.9% | 5,410.46 |
ICICI Prudential Equity Savings Fund Direct Growth | 4 | 8.8% | 8.9% | 12,168.01 |
Holdings (123)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Ambuja Cements Ltd. | Construction | Equity | 5.04% |
HDFC Bank Ltd. | Financial | Equity | 4.40% |
GOI | Sovereign | GOI Sec | 3.66% |
ICICI Bank Ltd. | Financial | Equity | 3.22% |
Reliance Industries Ltd. | Energy | Equity | 3.03% |
Bajaj Finance Ltd. | Financial | Equity | 3.00% |
ITC Ltd. | Consumer Staples | Equity | 2.91% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.60% |
Brookfield India Real Estate Trust REIT | Construction | REITs | 2.60% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 2.53% |
Larsen & Toubro Ltd. | Construction | Equity | 2.47% |
Tech Mahindra Ltd. | Technology | Equity | 2.17% |
Godrej Industries Ltd. | Consumer Staples | NCD | 1.75% |
LIC Housing Finance Ltd. | Financial | Bonds | 1.73% |
Reserve Bank of India | Financial | T-Bills | 1.71% |
Reserve Bank of India | Financial | T-Bills | 1.67% |
Reserve Bank of India | Financial | T-Bills | 1.66% |
Infosys Ltd. | Technology | Equity | 1.44% |
Canara Bank | Financial | Equity | 1.32% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.29% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.23% |
State Bank of India | Financial | Equity | 1.23% |
Muthoot Finance Ltd. | Financial | NCD | 1.23% |
Divi's Laboratories Ltd. | Healthcare | Equity | 1.22% |
NTPC Ltd. | Energy | Equity | 1.22% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.21% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 1.16% |
Tata Motors Finance Ltd. | Financial | ZCB | 1.06% |
Indusind Bank Ltd. | Financial | Equity | 1.01% |
Coal India Ltd. | Energy | Equity | 0.92% |
LTIMindtree Ltd. | Technology | Equity | 0.92% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.89% |
Bharti Telecom Ltd. | Communication | Debenture | 0.88% |
Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.88% |
Bharti Telecom Ltd. | Communication | Debenture | 0.87% |
Shriram Finance Ltd | Financial | Debenture | 0.87% |
Grasim Industries Ltd. | Construction | Equity | 0.86% |
Reserve Bank of India | Financial | T-Bills | 0.85% |
Reserve Bank of India | Financial | T-Bills | 0.84% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.84% |
Asahi India Glass Ltd. | Construction | Equity | 0.83% |
GAIL (India) Ltd. | Energy | Equity | 0.82% |
Shree Cement Ltd. | Construction | Equity | 0.81% |
Persistent Systems Ltd. | Technology | Equity | 0.78% |
Tata Consumer Products Ltd. | Consumer Staples | Equity | 0.75% |
Wipro Ltd. | Technology | Equity | 0.73% |
LG Balakrishnan & Bros Ltd. | Automobile | Equity | 0.72% |
Aditya Vision Ltd. | Services | Equity | 0.72% |
GOI | Sovereign | GOI Sec | 0.70% |
Godrej Properties Ltd. | Construction | NCD | 0.69% |
Coromandel International Ltd. | Chemicals | Equity | 0.68% |
Reserve Bank of India | Financial | T-Bills | 0.68% |
Havells India Ltd. | Capital Goods | Equity | 0.64% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.63% |
Godrej Industries Ltd. | Consumer Staples | Debenture | 0.61% |
GOI | Sovereign | GOI Sec | 0.61% |
Nitin Spinners Ltd. | Textiles | Equity | 0.56% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.54% |
L&T Finance Ltd. | Financial | Equity | 0.54% |
ZF Commercial Vehicle Control Systems India Ltd. | Automobile | Equity | 0.51% |
Dabur India Ltd. | Consumer Staples | Equity | 0.49% |
GOI | Sovereign | GOI Sec | 0.44% |
Tata Realty and Infrastructure Ltd. | Construction | Debenture | 0.44% |
TVS Credit Services Ltd. | Financial | Debenture | 0.44% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.43% |
Inox India Ltd. | Metals & Mining | Equity | 0.42% |
Tata Motors Ltd. | Automobile | Equity | 0.41% |
PTC Industries Ltd. | Metals & Mining | Equity | 0.41% |
Kei Industries Ltd. | Capital Goods | Equity | 0.40% |
CESC Ltd. | Energy | Equity | 0.38% |
Triveni Engineering & Industries Ltd. | Consumer Staples | Equity | 0.38% |
Afcons Infrastructure Ltd. | Construction | Equity | 0.36% |
Syrma SGS Technology Ltd. | Capital Goods | Equity | 0.35% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.34% |
JK Cement Ltd. | Construction | Equity | 0.34% |
Archean Chemical Industries Ltd. | Chemicals | Equity | 0.34% |
ISGEC Heavy Engineering Ltd. | Capital Goods | Equity | 0.33% |
Reserve Bank of India | Financial | T-Bills | 0.33% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.33% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 0.33% |
REC Ltd. | Financial | Equity | 0.33% |
Technocraft Industries (India) Ltd. | Metals & Mining | Equity | 0.33% |
Escorts Kubota Ltd. | Automobile | Equity | 0.32% |
Tega Industries Ltd. | Metals & Mining | Equity | 0.32% |
Carborundum Universal Ltd. | Metals & Mining | Equity | 0.31% |
Bank Of Baroda | Financial | Equity | 0.31% |
Kirloskar Brothers Ltd. | Capital Goods | Equity | 0.31% |
Piramal Enterprises Ltd. | Healthcare | Equity | 0.31% |
Gland Pharma Ltd. | Healthcare | Equity | 0.31% |
Bharti Airtel Ltd. | Communication | Equity | 0.30% |
Petronet LNG Ltd. | Energy | Equity | 0.30% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.28% |
Jyothy Labs Ltd. | Consumer Staples | Equity | 0.28% |
S.P. Apparels Ltd. | Textiles | Equity | 0.28% |
Grasim Industries Ltd. - (Partly Paid Equity1) | Construction | PPE | 0.02% |
Voltas Ltd. | Consumer Discretionary | Futures | -0.07% |
Tata Consumer Products Ltd. | Consumer Staples | Futures | -0.21% |
GAIL (India) Ltd. | Energy | Futures | -0.23% |
Indusind Bank Ltd. | Financial | Futures | -0.24% |
NTPC Ltd. | Energy | Futures | -0.27% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.29% |
Persistent Systems Ltd. | Technology | Futures | -0.29% |
Grasim Industries Ltd. | Construction | Futures | -0.36% |
SBI Life Insurance Company Ltd. | Insurance | Futures | -0.37% |
Infosys Ltd. | Technology | Futures | -0.43% |
Coal India Ltd. | Energy | Futures | -0.44% |
Dabur India Ltd. | Consumer Staples | Futures | -0.49% |
Havells India Ltd. | Capital Goods | Futures | -0.65% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -0.68% |
Wipro Ltd. | Technology | Futures | -0.73% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.84% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -1.21% |
Tech Mahindra Ltd. | Technology | Futures | -1.22% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -1.30% |
Canara Bank | Financial | Futures | -1.33% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -1.92% |
Larsen & Toubro Ltd. | Construction | Futures | -2.01% |
ICICI Bank Ltd. | Financial | Futures | -2.06% |
Reliance Industries Ltd. | Energy | Futures | -2.35% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -2.55% |
Bajaj Finance Ltd. | Financial | Futures | -2.72% |
HDFC Bank Ltd. | Financial | Futures | -3.30% |
Ambuja Cements Ltd. | Construction | Futures | -5.07% |
See All
Pros and cons
Category: Hybrid Equity Savings
Pros
3Y and 5Y annualised returns higher than category average
Lower expense ratio: 0.72%
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 0.48%
Expense ratio, exit load and tax
Expense ratio: 0.72%
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
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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 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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