| Launch date | 26 Oct 2020 |
| Allotment date | 17 Nov 2020 |
| End date | 09 Nov 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.41%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Krishna SanghaviOct 2020 - PresentView details
Fatema PachaDec 2020 - PresentView details
Fund house & investment objective
| 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 Focused Equity Yojana Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Krishna Sanghvi is the Current Fund Manager of Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 17 Nov 2020 is ₹10.00. The Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1% if redeemed within 3 months. ;
| Fund benchmark | NA |
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