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Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend-0.13%

15.30%
1 Year Return
Hybrid
Arbitrage
2.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend

RiskHigh
Min SIP Amount₹500
Expense Ratio2.43%
NAV₹12.87 (21 Jan 2021)
Fund Started01 Feb 2017
Fund Size206 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
15.3%
6.6%
-
8.0%
Category Average
10.5%
5.8%
8.3%
-
Rank Within Category
3
7
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 15.3% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
8. Higher expense ratio - 2.45%
9. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Housing Development Finance Corpn. Ltd.FinancialEquity7.8%
Reliance Industries Ltd.EnergyEquity7.6%
Infosys Ltd.TechnologyEquity5.3%
ICICI Bank Ltd.FinancialEquity5.2%
State Bank of IndiaFinancialEquity4.7%
HDFC Bank Ltd.FinancialEquity3.8%
ITC Ltd.FMCGEquity3.0%
Hindustan Unilever Ltd.FMCGEquity2.9%
Tata Consultancy Services Ltd.TechnologyEquity2.8%
GOISovereignGOI Sec2.7%
See All

Fund Managers

Rahul Pal
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Fatema Pacha
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Manish Lodha
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Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend Details

Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 01 Feb 2017. Rahul Pal, Ratish Varier is the Current Fund Manager of Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹206 Cr and the Latest NAV as of 21 Jan 2021 is ₹12.87.

The Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Dividend is rated 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

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.

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
04 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,
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