|Min SIP Amount||Not Supported|
|NAV||₹12.03 (12 May 2021)|
|Fund Started||16 Nov 2020|
|Fund Size||₹297 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.4%|
|Reliance Industries Ltd.||Energy||Equity||7.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.0%|
|State Bank of India||Financial||Equity||5.9%|
|Bharti Airtel Ltd.||Communication||Equity||5.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.5%|
|Larsen & Toubro Ltd.||Construction||Equity||3.5%|
|Steel Authority Of India Ltd.||Metals||Equity||3.1%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||3.1%|
Mahindra Manulife Focused Equity Yojana Direct IDCW is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 16 Nov 2020. Krishna Sanghvi is the Current Fund Manager of Mahindra Manulife Focused Equity Yojana Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹297 Cr and the Latest NAV as of 12 May 2021 is ₹12.03.
The Mahindra Manulife Focused Equity Yojana Direct IDCW is rated Very High risk. Exit load of 1% if redeemed within 1 year.
The scheme seeks to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.