3 Year return

9.76%
Launched on January 2017 (7 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹564.07 Cr.

Expense Ratio

0.69% (inclusive of GST)

Exit Load

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.

Ratings

ARQ Rating
4.5

Ratings by other agencies

4
0
5

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Mahindra Manulife Mutual Fund Managers

ML

Manish Lodha

Fund Manager since Apr 2022

Fund House Details

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund Asset management company

AUM ₹28,150.34 Cr.
No. of Schemes 64
Setup Date 4 February 2016

Peer Comparison

Comparison with other similar funds

Schemes by Mahindra Manulife Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 13.27%
Expense Ratio 0.69%
Fund Manager Manish Lodha
Fund Size ₹564.07 Cr
Risk Profile Moderately High

AMC Contact Details

Name Mahindra Manulife Mutual Fund
Launch Date 4 February 2016
Addresss 1st Floor,Sadhna House, 570, P.B Marg, Worli, Mumbai - 400018
Contact 022 6632 7900 / 1800 419 6244
Email mfinvestors@mahindra.com
Website https://www.mahindramanulife.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment Nov 05 2024 is 16.925

What is the AUM of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment is 564.07 crore.

What is the expense ratio of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment is 0.69%

What are the returns of Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment since inception?

The Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment was launched on Jan 10 2017. The fund has delivered a CAGR of 11.2 since inception.

What is the minimum SIP amount to invest in Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment is 500.

How do I invest in Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mahindra Manulife Equity Savings Fund Direct Plan Dividend Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.