|Min SIP Amount||Not Supported|
|NAV||₹12.12 (24 Feb 2021)|
|Fund Started||16 Nov 2020|
|Fund Size||₹219 Cr|
|ICICI Bank Ltd.||Financial||Equity||9.0%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.1%|
|Reliance Industries Ltd.||Energy||Equity||6.8%|
|Bharti Airtel Ltd.||Communication||Equity||5.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.7%|
|Grasim Industries Ltd.||Construction||Equity||3.7%|
|Nestle India Ltd.||FMCG||Equity||2.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.8%|
|Max Financial Services Ltd.||Financial||Equity||2.6%|
Mahindra Manulife Focused Equity Yojana Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹219 Cr and the Latest NAV as of 24 Feb 2021 is ₹12.12.
The Mahindra Manulife Focused Equity Yojana Direct Dividend 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.