Best Mahindra Equity 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.

Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.

These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.

Purpose: Invest here for your longer duration to get higher returns than debt funds.

Top 10 Mahindra Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Kotak Standard Multi Cap FundEquityModerately High0.2%4star20,100
Kotak Emerging Equity SchemeEquityModerately High-9.0%4star3,140
Kotak Small Cap FundEquityModerately High-12.7%3star975
Kotak Large & Mid Cap Opportunities FundEquityModerately High-4.5%3star2,254
Kotak Classic ContraEquityModerately High4.5%3star140
Kotak Tax Saver FundEquityModerately High-2.9%3star727
Kotak India Growth Fund - Series VEquityModerately HighN.A3star0
Mahindra Unnati Emerging Business YojanaEquityModerately HighN.A3star0
Kotak Bluechip FundEquityModerately High-0.8%2star1,280
Kotak Infrastructure & Economic Reform FundEquityHigh-17.9%2star374
Mahindra Kar Bachat YojanaEquityModerately High-8.2%1star289
Mahindra Badhat YojanaEquityModerately High-7.4%1star253
View All Top 10 Mahindra Mutual Funds

Let's have a closer look

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

Kotak Standard Multi Cap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 13.82% annualized returns in the last 3 years. In the last 1 year, it gave 0.22% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 0.22% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harsha Upadhyaya

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM20,100Cr
1Y Returns0.2%

Kotak Emerging Equity Scheme - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Mid Cap segment and provided 12.41% annualized returns in the last 3 years. In the last 1 year, it gave -9.04% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -9.04% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Pankaj Tibrewal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating4star
AUM3,140Cr
1Y Returns-9.0%

Kotak Smallcap Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Small Cap segment and provided 10.13% annualized returns in the last 3 years. In the last 1 year, it gave -12.66% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -12.66% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Pankaj Tibrewal

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM975Cr
1Y Returns-12.7%

Kotak Large & Mid Cap Opportunities Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large & Mid Cap segment and provided 12.24% annualized returns in the last 3 years. In the last 1 year, it gave -4.55% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.55% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harsha Upadhyaya

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM2,254Cr
1Y Returns-4.5%

Kotak Classic Contra - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Contra segment and provided 15.17% annualized returns in the last 3 years. In the last 1 year, it gave 4.53% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.53% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Deepak Gupta

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM140Cr
1Y Returns4.5%

Kotak Tax Saver Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided 11.84% annualized returns in the last 3 years. In the last 1 year, it gave -2.85% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.85% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harsha Upadhyaya

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM727Cr
1Y Returns-2.9%

Kotak India Growth Fund - Series V - Direct - Growth

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

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harsha Upadhyaya, Harish Krishnan

Launch Date14 May 2018
Min Investment Amt5,000
Groww Rating3star
AUM0Cr
1Y Returns-100.0%

Mahindra Unnati Emerging Business Yojana - Direct - Growth

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

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -100% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Equity mutual fund in India.

Fund Manager: V Balasubramanian

Launch Date29 Jan 2018
Min Investment Amt1,000
Groww Rating3star
AUM0Cr
1Y Returns-100.0%

Kotak Bluechip Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Large Cap segment and provided 9.66% annualized returns in the last 3 years. In the last 1 year, it gave -0.8% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -0.8% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harish Krishnan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM1,280Cr
1Y Returns-0.8%

Kotak Infrastructure & Economic Reform Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided 9.62% annualized returns in the last 3 years. In the last 1 year, it gave -17.89% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -17.89% returns in the last 1 year. Groww rated this fund as 2 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Harish Krishnan

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating2star
AUM374Cr
1Y Returns-17.9%

Mahindra Kar Bachat Yojana - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in ELSS segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -8.2% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.2% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ratish Varier

Launch Date17 Oct 2016
Min Investment Amt500
Groww Rating1star
AUM289Cr
1Y Returns-8.2%

Mahindra Badhat Yojana - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave -7.38% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -7.38% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ratish Varier

Launch Date10 May 2017
Min Investment Amt1,000
Groww Rating1star
AUM253Cr
1Y Returns-7.4%

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

What does investing in Mahindra Equity 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.

Investing Articles

Explore all Mutual Funds on Groww

Explore Mutual Funds
Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
MOST POPULAR ON GROWW
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | RELIANCE  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP BLACKROCK  | AXIS  | TATA  | L&T  | SUNDARAM  | DHFL PRAMERICA  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | ESCORTS  |