Mahindra Manulife Large Cap Pragati Yojana Direct Growth+0.20%

4
3.82%
1 Year Return
Equity
Large Cap
6M
1Y
All

Fund Details

Mahindra Manulife Large Cap Pragati Yojana Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.68%
NAV10.09 (07 Aug 2020)
Fund Started14 Mar 2019
Fund Size92 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Manulife Large Cap Pragati Yojana Direct Growth
3.8%
NA
NA
0.7%
Category Average
-16.9%
0.9%
7.0%
-
Rank within category
19
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.68%
    2. 1Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 5 years
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity9.6%
    ICICI Bank Ltd.FinancialEquity7.7%
    Hindustan Unilever Ltd.FMCGEquity7.4%
    Reliance Industries Ltd.EnergyEquity6.7%
    Tata Consultancy Services Ltd.TechnologyEquity5.7%
    Bharti Airtel Ltd.CommunicationEquity4.9%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.8%
    Infosys Ltd.TechnologyEquity4.4%
    Kotak Mahindra Bank Ltd.FinancialEquity3.7%
    Bharat Petroleum Corpn. Ltd.EnergyEquity3.7%
    See All

    Mahindra Manulife Large Cap Pragati Yojana Direct Growth Details

    Mahindra Manulife Large Cap Pragati Yojana Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 14 Mar 2019. V Balasubramanian is the Current Fund Manager of Mahindra Manulife Large Cap Pragati Yojana Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹92 Cr and the Latest NAV as of 07 Aug 2020 is ₹10.09.

    The Mahindra Manulife Large Cap Pragati Yojana Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 1 year.

    Investment Objective

    The Scheme seeks to provide long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in large cap companies.

    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)

    ₹1000
    Min for First Investment
    ₹1000
    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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