Launch date | 31 May 2024 |
Allotment date | 24 Jun 2024 |
End date | 14 Jun 2024 |
NAV | ₹10.00 |
Inclusive of GST
Exit load of 0.5%, if redeemed within 3 months.
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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) | NA |
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Total AUM | ₹29,056.67Cr |
Date of Incorporation | 04 Feb 2016 |
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Mahindra Manulife Manufacturing Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Manish Lodha is the Current Fund Manager of Mahindra Manulife Manufacturing Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹29,057 Cr and the Latest NAV as of 18 Feb 2025 is ₹8.41. The Mahindra Manulife Manufacturing Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.5%, if redeemed within 3 months. ;
The Scheme seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. ;
Fund benchmark | BSE India Manufacturing Total Return Index |
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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