FAQ : Mahindra Manulife Equity Savings Fund - Growth - Direct Plan

Mahindra Manulife Equity Savings Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 15.49 7.94 11.22 N/A
Average Rolling Returns(%) 9.99 9.92 9.42 N/A

The Current NAV of Mahindra Manulife Equity Savings Fund - Growth - Direct Plan is ₹22.70.

You should look for a fund with better more consistent performance track record. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.

Mahindra Manulife Equity Savings Fund - Growth - Direct Plan fund’s expense ratio is 0.69%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mahindra Manulife Equity Savings Fund - Growth - Direct Plan is currently ₹572 Crores.

The Top three stocks are Ambuja Cement, HDFC Bank and Reliance Industries and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 32% of fund’s portfolio respectively.

Top three sectors of Mahindra Manulife Equity Savings Fund - Growth - Direct Plan fund are Miscellaneous, Others and BFSI accounting for 76% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Equity Savings it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mahindra Manulife Equity Savings Fund - Growth - Direct Plan Fund is Hybrid - Equity Savings.

Manish Lodha and Renjith Sivaram manage the Mahindra Manulife Equity Savings Fund - Growth - Direct Plan Fund.

Mahindra Manulife Equity Savings Fund - Growth - Direct Plan current PE ratio is 34.57 and PB ratio is 4.78

The asset allocation of Mahindra Manulife Equity Savings Fund - Growth - Direct Plan is Stocks : 31.47%, Debt : 135.16% and Gold : -66.68%

The minimum SIP amount for Mahindra Manulife Equity Savings Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00

The exit load for Mahindra Manulife Equity Savings Fund - Growth - Direct Plan is Nil upto 10% of units and 1% for remaining units on or before 15 days, Nil after 15 days

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