Mahindra Mutual Fund Kar Bachat Yojana Direct Growth+0.93%

2Groww
14.32%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
All

Fund Details

Mahindra Mutual Fund Kar Bachat Yojana Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.66%
NAV12.86 (19 Feb 2020)
Fund Started18 Oct 2016
Fund Size324 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mahindra Mutual Fund Kar Bachat Yojana Direct Growth
14.3%
6.1%
NA
7.8%
Category Average
11.8%
8.4%
11.1%
-
Rank within category
24
31
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 14.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.7%
    Bajaj Finance Ltd.FinancialEquity7.0%
    ICICI Bank Ltd.FinancialEquity5.3%
    Kotak Mahindra Bank Ltd.FinancialEquity5.1%
    Reliance Industries Ltd.EnergyEquity4.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.0%
    Honeywell Automation India Ltd.EngineeringEquity3.3%
    Siemens Ltd.EngineeringEquity3.2%
    State Bank of IndiaFinancialEquity3.0%
    Grindwell Norton Ltd.MetalsEquity2.7%
    See All

    Fund Managers

    Other Details

    Mahindra Mutual Fund Kar Bachat Yojana Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was introduced to investors on 18 Oct 2016. Ratish Varier is the Current Fund Manager of Mahindra Mutual Fund Kar Bachat Yojana Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹324 Cr and the Latest NAV as of 19 Feb 2020 is ₹12.86.

    The Mahindra Mutual Fund Kar Bachat Yojana Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the Scheme is to generate long - term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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
    04 Feb 2016
    Mahindra Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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