|Min SIP Amount||₹500|
|NAV||₹16.33 (23 Jul 2021)|
|Fund Started||18 Oct 2016|
|Fund Size||₹384 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.3%|
|HDFC Bank Ltd.||Financial||Equity||7.3%|
|ICICI Bank Ltd.||Financial||Equity||6.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.7%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.8%|
|State Bank of India||Financial||Equity||2.3%|
|Axis Bank Ltd.||Financial||Equity||2.1%|
|HCL Technologies Ltd.||Technology||Equity||2.1%|
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 18 Oct 2016. Ratish Varier is the Current Fund Manager of Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹384 Cr and the Latest NAV as of 23 Jul 2021 is ₹16.33.
The Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.