Mahindra Mutual Fund Kar Bachat Yojana Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 18 Oct 2016. Ratish Varier is the Current Fund Manager of Mahindra Mutual Fund Kar Bachat Yojana Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹352 Cr and the Latest NAV as of 18 Oct 2019 is ₹12.44.
The Mahindra Mutual Fund Kar Bachat Yojana Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
The investment objective of the Scheme is to generate long - term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment