| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹1223.4 (20 May 2019) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹3,050 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 4.6% |
| Edelweiss Commodities Services Ltd. | Financial | CP | 4.6% |
| Piramal Enterprises Ltd. | Healthcare | CP | 4.4% |
| Axis Bank Ltd. | Financial | CD | 3.5% |
| Dewan Housing Finance Corpn. Ltd. | Financial | CP | 3.2% |
| Himadri Speciality Chemical Ltd. | Energy | CP | 2.5% |
| Dalmia Bharat Sugar and Industries Ltd. | FMCG | CP | 2.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.3% |
| Axis Bank Ltd. | Financial | CD | 2.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.3% |
Mahindra Mutual Fund started their mutual fund on 04/02/2016 and its managing total assets of ₹2,241 Cr. Its ranked at 31 as per total assets at end of 30th Sep 2017.
Mahindra is one of the leading brands in the country and has garnered trust of customers across the nation. Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL).
Mahindra provides various schemes across different market capitalization in various categories. It focuses mainly in the rural and semi-urban areas. The fact that Mahindra concentrates more on financially empowering masses in the rural area, makes it stand out in the mutual fund industry and it aspires to become the best financial service provider to people who live in semi-urban and rural areas.
The motto of the company is therefore unique because it not only wants to revolutionize the financial industry, it also aims at building a change within the community, by helping investors who do not hail from an urban set-up.