Holdings (69)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Max Healthcare Institute Ltd. | Healthcare | Equity | 3.23% |
| State Bank of India | Financial | Equity | 2.4% |
| Indian Bank | Financial | Equity | 2.23% |
| Voltas Ltd. | Consumer Discretionary | Equity | 2.19% |
| ICICI Bank Ltd. | Financial | Equity | 2.18% |
| Blue Star Ltd. | Consumer Discretionary | Equity | 2.17% |
| The Federal Bank Ltd. | Financial | Equity | 2.13% |
| HDFC Bank Ltd. | Financial | Equity | 2.04% |
| Coforge Ltd. | Technology | Equity | 1.97% |
| Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.97% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 8.96% | 21.45% | 31.68% | 12.35% |
| Category Average | 7.34% | 17.55% | 29.11% | NA% |
| Rank Within Category | 16.00% | 8.00% | 7.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.47%
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
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
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 Mid Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Flexi Cap Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Education
MMS (Finance), CFA level 2
Experience
Prior to Joining the Mahindra Manulife AMC he has worked with ENAM AMC, Angel Broking Ltd.