|Min SIP Amount||₹500|
|NAV||₹11.31 (18 Sep 2020)|
|Fund Started||18 Oct 2016|
|Fund Size||₹304 Cr|
|ICICI Bank Ltd.||Financial||Equity||7.0%|
|HDFC Bank Ltd.||Financial||Equity||6.1%|
|Reliance Industries Ltd.||Energy||Equity||6.1%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.8%|
|Bharti Airtel Ltd.||Communication||Equity||3.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.3%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.0%|
|Larsen & Toubro Ltd.||Construction||Equity||2.8%|
|Axis Bank Ltd.||Financial||Equity||2.7%|
Mahindra Manulife ELSS Kar Bachat Yojana Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹304 Cr and the Latest NAV as of 18 Sep 2020 is ₹11.31.
The Mahindra Manulife ELSS Kar Bachat Yojana Direct Dividend is rated Moderately 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%.