| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹1238.5 (23 Jul 2019) |
|---|---|
| Fund Started | 04 Jul 2016 |
| Fund Size | ₹2,131 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Oil Corpn. Ltd. | Energy | CP | 3.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.4% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 2.7% |
| L&T Finance Ltd. | Financial | CP | 2.7% |
| TVS Srichakra Ltd. | Automobile | CP | 2.7% |
| Chennai Petroleum Corpn. Ltd. | Energy | CP | 2.7% |
| LIC Housing Finance Ltd. | Financial | CP | 2.7% |
| Indusind Bank Ltd. | Financial | CD | 2.7% |
| Reliance Industries Ltd. | Energy | CP | 2.5% |
| AU Small Finance Bank Ltd. | Financial | CD | 1.8% |
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.