Holdings (76)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Prudential Gold Exchange Traded Fund | NA | Mutual Fund | 5.74% |
| Nippon India Silver ETF - Growth | NA | Mutual Fund | 5.4% |
| ICICI Securities Ltd. | Financial | CP | 3.89% |
| HDFC Bank Ltd. | Financial | Equity | 3.61% |
| TVS Credit Services Ltd. | Financial | NCD | 3.33% |
| Muthoot Finance Ltd. | Financial | NCD | 3.33% |
| HDFC Bank Ltd. | Financial | CD | 3.12% |
| ICICI Bank Ltd. | Financial | Equity | 3.06% |
| Bharti Airtel Ltd. | Communication | Equity | 2.49% |
| Nexus Select Trust | Construction | REITs | 2.13% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 18.94% | NA% | NA% | NA% |
| Category Average | 12.27% | 16.62% | 16.23% | NA% |
| Rank Within Category | 1.00% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.33%
Inclusive of GST
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, 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
Mahindra Manulife Income Plus Arbitrage Active FOF Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Dynamic Bond Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
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