|Min SIP Amount||₹500|
|NAV||₹11.37 (10 Jul 2020)|
|Fund Started||18 Oct 2016|
|Fund Size||₹265 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.5%|
|ICICI Bank Ltd.||Financial||Equity||6.0%|
|Reliance Industries Ltd.||Energy||Equity||5.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||5.0%|
|Bharti Airtel Ltd.||Communication||Equity||4.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.4%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.0%|
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹265 Cr and the Latest NAV as of 10 Jul 2020 is ₹11.37.
The Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
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%.