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Mahindra Manulife Large Cap Pragati Yojana Direct Growth+0.89%

20.33%
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 Ratio0.80%
NAV₹13.23 (20 Jan 2021)
Fund Started14 Mar 2019
Fund Size100 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
20.3%
-
-
15.9%
Category Average
19.8%
9.7%
15.1%
-
Rank Within Category
26
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 20.3% returns per annum

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
ICICI Bank Ltd.FinancialEquity8.4%
Infosys Ltd.TechnologyEquity8.0%
Reliance Industries Ltd.EnergyEquity7.0%
HDFC Bank Ltd.FinancialEquity6.0%
Housing Development Finance Corpn. Ltd.FinancialEquity5.9%
Tata Consultancy Services Ltd.TechnologyEquity4.2%
Larsen & Toubro Ltd.ConstructionEquity4.1%
Ultratech Cement Ltd.ConstructionEquity4.0%
Indus Towers Ltd.CommunicationEquity3.4%
State Bank of IndiaFinancialEquity3.3%
See All

Fund Managers

Fatema Pacha
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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 ₹100 Cr and the Latest NAV as of 20 Jan 2021 is ₹13.23.

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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