Holdings (49)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Tata Consultancy Services Ltd. | Technology | Equity | 5.14% |
| Reliance Industries Ltd. | Energy | Equity | 4.03% |
| Axis Bank Ltd. | Financial | Equity | 3.92% |
| Grasim Industries Ltd. | Construction | Equity | 2.79% |
| Indus Towers Ltd. | Communication | Equity | 2.76% |
| CESC Ltd. | Energy | Equity | 2.74% |
| State Bank of India | Financial | Equity | 2.48% |
| Tech Mahindra Ltd. | Technology | Equity | 2.3% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.23% |
| LMW Ltd. | Capital Goods | Equity | 2.19% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 3.71% | 18.16% | 26.24% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.5%
Inclusive of GST
Exit load
Exit load of 0.50%, 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
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