Holdings (34)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 4.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.36% |
| Canara Bank | Financial | CD | 4.36% |
| HDFC Bank Ltd. | Financial | CD | 4.35% |
| Godrej Properties Ltd. | Construction | CP | 4.35% |
| Godrej Industries Ltd. | Consumer Staples | CP | 4.34% |
| HDFC Bank Ltd. | Financial | CD | 4.34% |
| Reserve Bank of India | Financial | T-Bills | 4.34% |
| Reserve Bank of India | Financial | T-Bills | 4.33% |
| Bank Of Baroda | Financial | CD | 4.31% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.36% | 7.02% | 6.04% | 6.35% |
| Category Average | 6.25% | 6.83% | 5.67% | NA% |
| Rank Within Category | 13.00% | 4.00% | 3.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
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