Holdings (71)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Reliance Industries Ltd | Energy & Utilities | Equity | 4.24% |
| JSW Energy Ltd | Energy & Utilities | Equity | 3.62% |
| Grasim Industries Ltd | Materials | Equity | 3.23% |
| Infosys Ltd | Technology | Equity | 2.96% |
| Bajaj Auto Ltd | Consumer Discretionary | Equity | 2.93% |
| Indus Towers Ltd | Technology | Equity | 2.71% |
| Vodafone Idea Ltd | Technology | Equity | 2.57% |
| Indusind Bank Ltd | Financial | Equity | 2.52% |
| Bandhan Bank Ltd | Financial | Equity | 2.5% |
| Adani Enterprises Ltd | Materials | Equity | 2.48% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 9.15% | NA% | NA% | NA% |
| Category Average | -0.62% | 16.84% | 19.90% | NA% |
| Rank Within Category | 2.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.91%
Inclusive of GST
Exit load
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. 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
Education
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience
Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd
Managed Schemes
Education
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd