Launch date | 09 Dec 2021 |
Allotment date | 30 Dec 2021 |
End date | 23 Dec 2021 |
NAV | ₹10.00 |
Inclusive of GST
For units in excess of 10% of the investment 1% will be charged for redemption within 3 months.
0.005% (from July 1st, 2020)
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.
Min. for 1st investment | ₹1,000 |
Min. for 2nd investment onwards | ₹1,000 |
Min. for SIP | ₹500 |
Rank (total assets) | #28 in India |
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Total AUM | ₹4,742.00Cr |
Date of Incorporation | 04 Feb 2016 |
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Mahindra Manulife Balanced Advantage Yojana Direct - Growth - NFO is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 30 Dec 2021 is ₹10.00. The Mahindra Manulife Balanced Advantage Yojana Direct - Growth - NFO is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. For units in excess of 10% of the investment 1% will be charged for redemption within 3 months. ;
Fund benchmark | NA |
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