Holdings (29)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 4.94% |
| Godrej Industries Ltd. | Consumer Staples | CP | 4.93% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 4.89% |
| Export-Import Bank Of India | Financial | CP | 4.88% |
| Tata Housing Devp. Co. Ltd | Construction | CP | 4.88% |
| ICICI Home Finance Company Ltd. | Financial | CP | 4.88% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.87% |
| HDFC Bank Ltd. | Financial | CD | 4.86% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.86% |
| Axis Bank Ltd. GDR/GDS | Financial | CD | 4.86% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 6.33% | 7.03% | 6.14% | 6.35% |
| Category Average | 6.25% | 6.83% | 5.67% | NA% |
| Rank Within Category | 6.00% | 4.00% | 2.00% | 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
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
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 Liquid Fund Direct Growth
Mahindra Manulife Low Duration 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 Asia Pacific REITs FoF Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth