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Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth-0.03%

18.27%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
All

Fund Details

Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.42%
NAV₹14.18 (14 Jan 2021)
Fund Started18 Oct 2016
Fund Size326 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
18.3%
3.9%
-
8.5%
Category Average
19.7%
6.6%
13.4%
-
Rank Within Category
21
27
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 18.3% returns per annum

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
6. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.42%
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Infosys Ltd.TechnologyEquity7.5%
Reliance Industries Ltd.EnergyEquity6.9%
HDFC Bank Ltd.FinancialEquity6.4%
ICICI Bank Ltd.FinancialEquity5.8%
Tata Consultancy Services Ltd.TechnologyEquity4.1%
Hindustan Unilever Ltd.FMCGEquity3.9%
Bharti Airtel Ltd.CommunicationEquity3.1%
Maruti Suzuki India Ltd.AutomobileEquity2.9%
Kotak Mahindra Bank Ltd.FinancialEquity2.8%
HCL Technologies Ltd.TechnologyEquity2.5%
See All

Fund Managers

Fatema Pacha
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Manish Lodha
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Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth Details

Mahindra Manulife ELSS Kar Bachat Yojana Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹326 Cr and the Latest NAV as of 14 Jan 2021 is ₹14.18.

The Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.

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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