- Mutual Funds
- Mahindra Manulife Equity Savings Fund - Dir (G)
Mahindra Manulife Equity Savings Fund - Dir (G)
Equity Savings
- NAV 23.11 (-0.15%)
- Fund Size (Cr) ₹543.63
- Expense Ratio 0.71
- Scheme Type Active Fund
-
Value Research
- Minimum investment ₹1000
- Minimum Additional Investment ₹1000
- Minimum SIP Investment ₹500
- Minimum Withdrawal ₹1000
-
Exit Load
1%
- Return Since Launch 11.56%
Basic Details
Manish Lodha
NIFTY Equity Savings Index TRI
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
-
Investment Type
-
Monthly Investment
₹ -
Expected Returns Rate
% -
Time Period
yrs
Total of your Investment will be
₹ 0
Returns
-
Invested Amount
0
-
Estimated Returns
0
-
Select Scheme
-
Investment Type
-
Monthly Investment
₹ -
Time Period
Total of your Investment will be
₹ 0
Returns
-
Invested Amount
0
-
Estimated Returns
0
Risk Ratios
-
Standard Deviation
1.68% -
Beta
0.44% -
Sharpe Ratio
0.73% -
Treynor’s Ratio
0.14% -
Jension’s Alpha
1.64%
Asset Allocation
There is no Asset Allocation data.
Sector Allocation
There is no Sector Allocation data.
Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
-
Mahindra Manulife Equity Savings Fund - Dir (G)
- 543.63
- 1.92%
- 4.48%
- 9.90%
- 17.46%
- 11.09%
-
HSBC Equity Savings Fund - Direct (IDCW-Q)
- 449.96
- 1.31%
- 4.01%
- 17.53%
- 25.95%
- 13.11%
-
HSBC Equity Savings Fund - Direct (G)
- 449.96
- 1.31%
- 4.01%
- 17.53%
- 25.95%
- 13.78%
-
ICICI Pru Equity Savings Fund - Dir (IDCW-Q)
- 11403.31
- 1.36%
- 3.77%
- 5.93%
- 25.82%
- 13.92%
-
HSBC Equity Savings Fund - Direct (IDCW-M)
- 449.96
- 1.30%
- 4.01%
- 16.26%
- 24.58%
- 13.37%
-
Invesco India Equity Savings Fund - Direct (G)
- 264.46
- 2.53%
- 5.51%
- 15.06%
- 23.99%
- 11.71%
News
-
Mahindra Manulife MF Announces change in benchmark index under its schemes
Mahindra Manulife Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:
Change in name of Benchmark of Mahindra Manulife Small Cap Fund
Scheme Name Name of Existing Benchmark Revised Name of Benchmark Mahindra Manulife Small Cap Fund S&P BSE 250 Small Cap Index TRI BSE 250 Small Cap Index TRI Mahindra Manulife Manufacturing Fund S&P BSE India Manufacturing TRI BSE India Manufacturing TRI Powered by Capital Market - Live News
-
Mahindra Manulife Mutual Fund Announces Resignation of Key Personnel
Mahindra Manulife Mutual Fund has announced that Mr. Raul Ignatius Rebello has been appointed as an Associate Director on the Board of MMIMPL with effect from April 30, 2024.
Details of Mr. Raul Ignatius Rebello
Age: 46 years
Designation: Associate Director
Qualification: Postgraduate in Management from the Goa Institute of Management.
Powered by Capital Market - Live News
-
Mahindra Manulife Mutual Fund Announces change in fund manager
Mahindra Manulife MF has announced change in fund manager under the following scheme, with effect from 02 May 2024.
Change in Fund Management Responsibilities:
Scheme Name Existing Fund Manager New Fund Manager Mahindra Manulife Aggressive Hybrid Fund 1. Ms. Fatema Pacha (Equity Portion) 2. Mr. Manish Lodha (Equity Portion)
3. Mr. Rahul Pal (Debt Portion)
1. Ms. Fatema Pacha (Equity Portion) 2. Mr. Manish Lodha (Equity Portion)
3. Mr. Rahul Pal (Debt Portion)
4. Mr. Amit Garg (Debt Portion)
Powered by Capital Market - Live News
Fund House Details & Investment Objective
-
Date of Incorporation
10-Jan-2017
-
Total AUM (Cr)
₹543.63
Mahindra Manulife Equity Savings Fund - Dir (G) is an Equity Savings-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in Jan 2017, this fund is managed by Manish Lodha. With assets under management (AUM) worth ₹543.63 (Cr), as of 18-Sep-2024, Mahindra Manulife Equity Savings Fund - Dir (G) is categorized as a Equity Savings within its segment. The fund has generated a return of 11.56% since its launch.
The current NAV of Mahindra Manulife Equity Savings Fund - Dir (G) is ₹23.11, as on 18-Sep-2024. The fund’s benchmark index is NIFTY Equity Savings Index TRI. You can invest in Mahindra Manulife Equity Savings Fund - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 days from the date of allotment of units. 1.00% If redeemed/switched out on or before completion of 15 days from the date of allotment of Units; Nil - If redeemed/switched out after 15 days from the date of allotment of Units.
The fund has generated 11.09% and 14.71% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 68.4% in Equity, 29.95% in Debt and 1.65% in cash and cash equivalents
The top 5 sectors the fund invests in are: 35.13% in Cash & Others, 28.39% in Debt, 12.22% in Banks, 9.39% in Cement & Cement Products and 5.77% in IT-Software.
FAQs on Mahindra Manulife Equity Savings Fund - Dir (G)
Mahindra Manulife Equity Savings Fund - Dir (G) is a popular fund in the Equity Savings segment. The fund has generated a return of 11.56% since inception. Looking to invest in Mahindra Manulife Equity Savings Fund - Dir (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Equity Savings Fund - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Mahindra Manulife Equity Savings Fund - Dir (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Mahindra Manulife Equity Savings Fund - Dir (G) today and reap the benefits of this Equity Savings fund!
In the short term, i.e., 1 year, Mahindra Manulife Equity Savings Fund - Dir (G) has generated annualised return of 17.46%. In the long-term, the fund has generated 11.09% and 14.71% in 3 and 5 years respectively. Since its inception, the fund has generated 11.56% returns.
The expense ratio of Mahindra Manulife Equity Savings Fund - Dir (G) Direct Growth is 0.71%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of Mahindra Manulife Equity Savings Fund - Dir (G) is ₹543.63 (Cr) as of 18 September 2024. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of Mahindra Manulife Equity Savings Fund - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Mahindra Manulife Equity Savings Fund - Dir (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Mahindra Manulife Equity Savings Fund - Dir (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in Mahindra Manulife Equity Savings Fund - Dir (G). Minimum lumpsum investment Mahindra Manulife Equity Savings Fund - Dir (G) is ₹1000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of Mahindra Manulife Equity Savings Fund - Dir (G) is ₹23.11 as on 18 September 2024.
The 5 biggest stock holdings of Mahindra Manulife Equity Savings Fund - Dir (G) are:
Ambuja Cements (6.13%), Reliance Industr (3.6%), Bajaj Finance (3.34%), ICICI Bank (3.26%), ITC (3.19%)
A majority of Mahindra Manulife Equity Savings Fund - Dir (G) 's AUM worth ₹543.63 (Cr) is invested in these 3 top sectors:
- Cash & Others: 35.13%
- Debt: 28.39%
- Banks: 12.22%
Power your investments with our smart trading platforms
For a powerful, stable and secure experience,
download m.Stock App & set up your lifetime Zero brokerage account @ one-time fee of ₹999
-
Scan QR code to download
- OR
-
Enter number to get app link
+91
