Holdings (53)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 74.28% |
| Mahindra Manulife Low Duration Fund Direct - Growth | Unspecified | Mutual Fund | 13.93% |
| Mahindra Liquid Fund Direct -Growth | Unspecified | Mutual Fund | 7.57% |
| HDFC Bank Ltd | Financial | Equity | 6.93% |
| ICICI Bank Ltd | Financial | Equity | 6.46% |
| Hindalco Industries Ltd | Materials | Equity | 5.73% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 5.44% |
| Indus Towers Ltd | Technology | Equity | 4.97% |
| Repo | Unspecified | Repo | 4.65% |
| Axis Bank Ltd | Financial | Equity | 4.25% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.02% | 6.52% | 5.68% | 3.24% |
| Category Average | 6.13% | 6.80% | 5.60% | NA% |
| Rank Within Category | 30.00% | 25.00% | 23.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 1.07%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 30 days.
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
PGDBA
Experience
Prior to Joining the Mahindra Manulife Investment Management Pvt Ltd. He has worked with BOB Capita, SAFE Enterprises,Bajaj Allianz Life Insurance, HDFC Securities and Daiwa Capital.
Managed Schemes
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
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Dynamic Bond Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Multi Asset Allocation Fund Direct Growth
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth
Education
Diploma in Electronics & Communication
Experience
Prior to joining Mahindra Manulife AMC, he was associated with Edelweiss AMC, Way2wealth Brokers Pvt ltd.