Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth+0.33%

1Groww
1.88%
1 Year Return
Hybrid
Arbitrage
1.0 star
6M
1Y
All

Fund Details

Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.86%
NAV11.6 (23 Aug 2019)
Fund Started01 Feb 2017
Fund Size235 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth
1.9%
NA
NA
6.1%
Category Average
1.0%
5.7%
NA
-
Rank within category
3
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 1.9% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec6.6%
    Reliance Industries Ltd.EnergyEquity6.2%
    HDFC Bank Ltd.FinancialEquity5.1%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.5%
    Coastal Gujarat Power Ltd.EngineeringNCD4.3%
    ICICI Bank Ltd.FinancialEquity4.0%
    Larsen & Toubro Ltd.ConstructionEquity2.9%
    Tata Consultancy Services Ltd.TechnologyEquity2.8%
    Infosys Ltd.TechnologyEquity2.8%
    ITC Ltd.FMCGEquity2.7%
    See All

    Fund Managers

    addSrinivasan Ramamurthy
    Education
    Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
    Experience
    Prior to joining Mahindra Mutual Fund, he has worked with IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.
    Funds Managed

    Other Details

    Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 01 Feb 2017. Rahul Pal, Ratish Varier is the Current Fund Manager of Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹235 Cr and the Latest NAV as of 23 Aug 2019 is ₹11.6.

    The Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

    Investment Objective

    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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
    Exit Load

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    About Mahindra Mutual Fund

    Address
    1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
    Phone
    022-66327900
    Launch Date
    03 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,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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