Top 10 Mahindra Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Kotak Debt HybridHybridModerate7.9%4star253
Kotak Equity Arbitrage FundHybridModerately Low7.1%4star15,629
Kotak Equity Savings FundHybridModerately High3.7%4star1,950
Kotak Equity HybridHybridModerately High1.7%3star1,402
Kotak Balanced Advantage FundHybridModerately High7.3%2star2,916
Mahindra Dhan Sanchay YojanaHybridModerately High3.6%1star231
View All Top 10 Mahindra Mutual Funds

Best Mahindra Hybrid Mutual Funds

Mahindra is one of the leading brands in the country and has garnered trust of customers across the nation. Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL).

Mahindra provides various schemes across different market capitalization in various categories. It focuses mainly in the rural and semi-urban areas. The fact that Mahindra concentrates more on financially empowering masses in the rural area, makes it stand out in the mutual fund industry and it aspires to become the best financial service provider to people who live in semi-urban and rural areas.

The motto of the company is therefore unique because it not only wants to revolutionize the financial industry, it also aims at building a change within the community, by helping investors who do not hail from an urban set-up.

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Kotak Debt Hybrid Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Conservative segment and provided 7.11% annualized returns in the last 3 years. In the last 1 year, it gave 7.88% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.88% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM253Cr
1Y Returns7.9%

Kotak Equity Arbitrage Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided 6.72% annualized returns in the last 3 years. In the last 1 year, it gave 7.12% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.12% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM15,629Cr
1Y Returns7.1%

Kotak Equity Savings Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Equity Savings segment and provided 7.67% annualized returns in the last 3 years. In the last 1 year, it gave 3.72% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.72% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date12 Oct 2014
Min Investment Amt5,000
AUM1,950Cr
1Y Returns3.7%

Kotak Equity Hybrid Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 7% annualized returns in the last 3 years. In the last 1 year, it gave 1.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 1.74% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM1,402Cr
1Y Returns1.7%

Kotak Balanced Advantage Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Balanced Advantage segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 7.25% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.25% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹1,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Hybrid mutual fund in India.

Launch Date12 Jul 2018
Min Investment Amt1,000
AUM2,916Cr
1Y Returns7.3%

Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Arbitrage segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 3.6% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.6% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹1,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Hybrid mutual fund in India.

Launch Date31 Jan 2017
Min Investment Amt1,000
AUM231Cr
1Y Returns3.6%

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What does investing in Mahindra Hybrid Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in Mahindra Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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