Holdings (99)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.4% |
| ICICI Bank Ltd. | Financial | Equity | 5.28% |
| Reliance Industries Ltd. | Energy | Equity | 4.84% |
| Infosys Ltd. | Technology | Equity | 3.47% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.99% |
| Mahindra Manulife Liquid Fund Direct -Growth | NA | Mutual Fund | 2.85% |
| Axis Bank Ltd. | Financial | Equity | 2.62% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.54% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.24% |
| State Bank of India | Financial | Equity | 2% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.65% | 18.58% | 18.40% | 25.87% |
| Category Average | 4.72% | 14.31% | 13.94% | NA% |
| Rank Within Category | 7.00% | 5.00% | 5.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.44%
Inclusive of GST
Exit load
Exit load for units more than 10% of the investments, an exit load of 1% if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Managed Schemes
Education
Mr Garg is a B.Com, MMS Finance, CFA
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.
Managed Schemes
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth
Mahindra Manulife Asia Pacific REITs FoF Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Liquid 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
Education
MMS (Finance), CFA level 2
Experience
Prior to Joining the Mahindra Manulife AMC he has worked with ENAM AMC, Angel Broking Ltd.