Holdings (38)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct - Growth | NA | Mutual Fund | 17.06% |
| Mahindra Manulife Liquid Fund Direct -Growth | NA | Mutual Fund | 9.24% |
| Ultratech Cement Ltd. | Construction | Equity | 7.59% |
| Bajaj Finance Ltd. | Financial | Equity | 6.35% |
| Tata Power Company Ltd. | Energy | Equity | 6.05% |
| ICICI Bank Ltd. | Financial | Equity | 5.93% |
| Axis Bank Ltd. | Financial | Equity | 5.67% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 5.17% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 4.58% |
| Tata Steel Ltd. | Metals & Mining | Equity | 4.54% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.33% | 6.65% | 5.65% | 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: 0.36%
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
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
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
Diploma in Electronics & Communication
Experience
Prior to joining Mahindra Manulife AMC, he was associated with Edelweiss AMC, Way2wealth Brokers Pvt ltd.