Mahindra Manulife Equity Savings Fund Direct Growth

Hybrid
Equity Savings
Moderately High Risk
11.75%
3Y annualised
-0.35% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Feb 2023₹17.56
Min. SIP amount₹500
Rating4
Fund size₹435.21Cr

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
1Y3Y5YAll
Fund returns1.5%11.8%9.0%9.8%
Category average2.1%7.7%6.1%NA
Rank with in category1611NA
Understand terms

Holdings (63)

NameSectorInstrumentAssets
Ambuja Cements Ltd.ConstructionEquity7.7%
ICICI Bank Ltd.FinancialEquity4.6%
Infosys Ltd.TechnologyEquity3.9%
Reliance Industries Ltd.EnergyEquity3.8%
Bajaj Finance Ltd.FinancialEquity3.7%
GOISovereignGOI Sec3.5%
State Bank of IndiaFinancialEquity3.1%
Housing Development Finance Corporation Ltd.FinancialEquity2.7%
Muthoot Finance Ltd.FinancialBonds/Deb2.5%
REC Ltd.FinancialNCD2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 0.64%

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

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

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

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

Amit Hiremath
Dec 2022 - 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
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,

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