Holdings (30)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.05% |
| Reliance Industries Ltd. | Energy | Equity | 6.73% |
| ICICI Bank Ltd. | Financial | Equity | 6.26% |
| State Bank of India | Financial | Equity | 5.48% |
| Indus Towers Ltd. | Communication | Equity | 4.52% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.42% |
| ITC Ltd. | Consumer Staples | Equity | 4.31% |
| Grasim Industries Ltd. | Construction | Equity | 4.02% |
| Infosys Ltd. | Technology | Equity | 3.98% |
| Bajaj Finance Ltd. | Financial | Equity | 3.65% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.09% | 25.91% | NA% | 99.27% |
| Category Average | 3.89% | 20.21% | 21.95% | NA% |
| Rank Within Category | 50.00% | 10.00% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.4%
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
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
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Focused Fund Direct Growth