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Mahindra Manulife Focused Equity Yojana Direct IDCW-1.03%

0.00%
1 Year Return
Equity
Flexi Cap
All

Fund Details

Mahindra Manulife Focused Equity Yojana Direct IDCW

RiskVery High
Min SIP AmountNot Supported
Expense Ratio0.42%
NAV₹12.03 (12 May 2021)
Fund Started16 Nov 2020
Fund Size297 Cr

Comparison

Data not available
Pros
1. Lower expense ratio - 0.42%
Cons
1. Age is less than 5 years

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity9.4%
Infosys Ltd.TechnologyEquity7.8%
Reliance Industries Ltd.EnergyEquity7.5%
Housing Development Finance Corpn. Ltd.FinancialEquity7.0%
State Bank of IndiaFinancialEquity5.9%
Bharti Airtel Ltd.CommunicationEquity5.9%
Hindustan Unilever Ltd.FMCGEquity3.5%
Larsen & Toubro Ltd.ConstructionEquity3.5%
Steel Authority Of India Ltd.MetalsEquity3.1%
Kotak Mahindra Bank Ltd.FinancialEquity3.1%
See All

Fund Managers

Krishna Sanghvi
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Fatema Pacha
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Mahindra Manulife Focused Equity Yojana Direct IDCW Details

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.

Investment Objective

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.

Tax Implications

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
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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