Risk | Moderately High |
---|---|
Min SIP Amount | ₹500 |
Expense Ratio | 2.29% |
NAV | ₹12.81 (22 Apr 2021) |
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Fund Started | 14 Mar 2019 |
Fund Size | ₹107 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 8.8% |
Reliance Industries Ltd. | Energy | Equity | 8.4% |
Infosys Ltd. | Technology | Equity | 7.3% |
State Bank of India | Financial | Equity | 5.8% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.6% |
Grasim Industries Ltd. | Construction | Equity | 4.7% |
HDFC Bank Ltd. | Financial | Equity | 4.4% |
Bharti Airtel Ltd. | Communication | Equity | 4.3% |
Wipro Ltd. | Technology | Equity | 3.1% |
Tata Consultancy Services Ltd. | Technology | Equity | 3.0% |
Mahindra Manulife Large Cap Pragati Yojana Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹107 Cr and the Latest NAV as of 22 Apr 2021 is ₹12.81.
The Mahindra Manulife Large Cap Pragati Yojana Regular 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.