Mahindra Manulife Focused Fund Direct IDCW

Equity
Focused
Very High Risk
Payout
1M
6M
1Y
All
NAV: 29 Sep 2023₹16.30
Min. SIP amount₹500
RatingNA
Fund size₹826.71Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Focused
Absolute returns
3M6M1YAll
Fund returns10.9%14.0%19.8%91.5%
Category averageNANA17.7%NA
Rank with in category3264NA
Understand terms

Holdings (30)

NameSectorInstrumentAssets
FinancialEquity8.3%
FinancialEquity7.5%
EnergyEquity6.9%
FinancialEquity6.3%
TechnologyEquity5.6%
ConstructionEquity4.2%
EnergyEquity4.1%
FinancialEquity3.8%
ConstructionEquity3.5%
AutomobileEquity3.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.50%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Krishna Sanghvi
Oct 2020 - Present
View details

Education
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..
Also manages these schemes

Fatema Pacha
Dec 2020 - Present
View details

Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

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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