| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.68% |
| NAV | ₹10.09 (07 Aug 2020) |
|---|---|
| Fund Started | 14 Mar 2019 |
| Fund Size | ₹92 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.6% |
| ICICI Bank Ltd. | Financial | Equity | 7.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 7.4% |
| Reliance Industries Ltd. | Energy | Equity | 6.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.8% |
| Infosys Ltd. | Technology | Equity | 4.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.7% |
| Bharat Petroleum Corpn. Ltd. | Energy | Equity | 3.7% |
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.
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.
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.