Mahindra Mutual Fund Kar Bachat Yojana Regular Dividend+1.59%

2
-19.94%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
All

Fund Details

Mahindra Mutual Fund Kar Bachat Yojana Regular Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.37%
NAV8.68 (28 May 2020)
Fund Started18 Oct 2016
Fund Size273 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Mutual Fund Kar Bachat Yojana Regular Dividend
-19.9%
-5.7%
NA
-1.5%
Category Average
-21.0%
-6.2%
3.5%
-
Rank within category
24
29
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with -19.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity8.7%
    ICICI Bank Ltd.FinancialEquity6.6%
    Reliance Industries Ltd.EnergyEquity6.4%
    Infosys Ltd.TechnologyEquity4.2%
    Bharti Airtel Ltd.CommunicationEquity4.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.9%
    Tata Consultancy Services Ltd.TechnologyEquity3.3%
    Kotak Mahindra Bank Ltd.FinancialEquity3.0%
    Larsen & Toubro Ltd.ConstructionEquity3.0%
    Honeywell Automation India Ltd.EngineeringEquity2.6%
    See All

    Fund Managers

    Mahindra Mutual Fund Kar Bachat Yojana Regular Dividend Details

    Mahindra Mutual Fund Kar Bachat Yojana Regular 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 Mutual Fund Kar Bachat Yojana Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹273 Cr and the Latest NAV as of 28 May 2020 is ₹8.68.

    The Mahindra Mutual Fund Kar Bachat Yojana Regular Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    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.

    Tax Implications

    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)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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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