Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth-0.78%

1Groww
1.75%
1 Year Return
Hybrid
Arbitrage
1.0 star
6M
1Y
All

Fund Details

Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.86%
NAV11.93 (08 Jul 2019)
Fund Started31 Jan 2017
Fund Size235 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth
1.8%
NA
NA
6.0%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 1.8% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    Cons
    1. Age is less than 3 years
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec5.1%
    HDFC Bank Ltd.FinancialEquity5.0%
    Reliance Industries Ltd.EnergyEquity4.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.5%
    Coastal Gujarat Power Ltd.EngineeringNCD3.4%
    REC Ltd.FinancialDebenture3.3%
    Infosys Ltd.TechnologyEquity3.2%
    HDFC Bank Ltd.FinancialFixed Deposits2.6%
    Larsen & Toubro Ltd.ConstructionEquity2.5%
    State Bank of IndiaFinancialEquity2.1%
    See All

    Fund Managers

    addSrinivasan Ramamurthy
    Education
    Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
    Experience
    Prior to joining Mahindra Mutual Fund, he has worked with IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.
    Funds Managed

    Other Details

    Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 31 Jan 2017. Rahul Pal, Ratish Varier is the Current Fund Manager of Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹235 Cr and the Latest NAV as of 08 Jul 2019 is ₹11.93.

    The Mahindra Dhan Sanchay Equity Savings Yojana Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

    Investment Objective

    The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

    Tax Implications

    Returns are taxed at 15% if sold before 1 year. Zero tax post one year.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
    Exit Load

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    About Mahindra Mutual Fund

    Address
    1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
    Phone
    022-66327900
    Launch Date
    03 Feb 2016
    Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    NA
    Website
    NA
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