Holdings (29)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.88% |
| ICICI Bank Ltd. | Financial | Equity | 7.22% |
| Reliance Industries Ltd. | Energy | Equity | 6.3% |
| State Bank of India | Financial | Equity | 5.58% |
| ITC Ltd. | Consumer Staples | Equity | 4.52% |
| Grasim Industries Ltd. | Construction | Equity | 4.42% |
| Indus Towers Ltd. | Communication | Equity | 3.88% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.79% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.69% |
| Infosys Ltd. | Technology | Equity | 3.64% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.16% | 19.95% | NA% | 99.27% |
| Category Average | 7.37% | 13.55% | 22.22% | NA% |
| Rank Within Category | 43.00% | 9.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.43%
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 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.
Fund management
Education
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..
Managed Schemes
Canara Robeco Infrastructure Direct Growth
Canara Robeco Bluechip Equity Fund Direct Growth
Canara Robeco Equity Hybrid Fund Direct Growth
Canara Robeco Consumer Trends Fund Direct Growth
Canara Robeco Flexi Cap Fund Direct Growth
Canara Robeco Emerging Equities Fund Direct Growth
Canara Robeco ELSS Tax Saver Direct Growth
Mahindra Manulife Mid Cap Fund Direct Growth
Canara Robeco Small Cap Fund Direct Growth
Mahindra Manulife Focused Fund Direct Growth
Mahindra Manulife Asia Pacific REITs FoF Direct Growth
Mahindra Manulife Small Cap Fund Direct Growth
Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Managed Schemes
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Focused Fund Direct Growth