3 Year return

0
Launched on February 2024 (0 year)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

High Risk

Scheme Information

Asset Under Management

₹328.37 Cr.

Expense Ratio

0.42% (inclusive of GST)

Exit Load

0.5% - If Units are redeemed/switched-out upto 3 Months from the date of allotment. Nil - If Units are redeemed/switched-out after 3 Months from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

Mahindra Manulife Mutual Fund Managers

RS

Renjith Sivaram

Fund Manager since May 2024

Fund House Details

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund Asset management company

AUM ₹22,564.81 Cr.
No. of Schemes 64
Setup Date NA

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 NA
Expense Ratio 0.42%
Fund Manager Renjith Sivaram
Fund Size ₹328.37 Cr
Risk Profile 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.

FAQs

What is today's NAV of Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout Jul 16 2024 is 11.2851

What is the AUM of Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout is 328.37 crore.

What is the expense ratio of Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout is 0.42%

What are the returns of Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout since inception?

The Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout was launched on Feb 20 2024. The fund has delivered a CAGR of 12.85 since inception.

What is the minimum SIP amount to invest in Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout is 500.

How do I invest in Mahindra Manulife Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

  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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

  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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

  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 Multi Asset Allocation Fund Direct Plan IDCW Payout Payout?

  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.