Home>NFOs>Mahindra Mutual Fund>Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO

Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO

Equity
Focused
Moderately High Risk
Launch date26 Oct 2020
Allotment date17 Nov 2020
End date09 Nov 2020
NAV₹10.00

Fund Overview

Overview of Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year.

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.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Krishna Sanghvi
Oct 2020 - Present
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Fatema Pacha
Dec 2020 - Present
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Fund house & investment objective

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Rank (total assets)#28 in India
Total AUM4,742.00 Cr
Date of Incorporation04 Feb 2016

Mahindra Manulife Focused Equity Yojana Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made av
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 1000. Exit load of 1% if redeemed within 1 year.
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Fund house contact details

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