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Mahindra Mutual Fund Kar Bachat Yojana - Regular Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.75 Lakh

Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.45 -1.56 -1.08 -2.12 1.07 12.31 9.26 3.21 -- -- --
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 -- -- --
Equity: ELSS 0.71 -1.71 -0.80 -1.99 2.45 13.26 12.69 7.93 -- -- --
Rank within category 25 9 23 15 24 20 23 26 -- -- --
Number of funds in category 32 32 32 32 32 31 30 28 25 23 22

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.01 (19-Sep-2019 - 26-Sep-2019) -5.53 (01-Oct-2018 - 09-Oct-2018)
Month 11.64 (23-Aug-2019 - 23-Sep-2019) -12.00 (07-Sep-2018 - 09-Oct-2018)
Quarter 12.61 (05-Aug-2019 - 04-Nov-2019) -10.66 (04-Jun-2019 - 03-Sep-2019)
Year 28.03 (26-Dec-2016 - 26-Dec-2017) -13.34 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.89 11.73 -0.07 -0.10 0.85 -6.05
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: ELSS 10.46 13.00 0.37 0.53 0.95 -1.09
Rank within category 32 4 32 32 4 33
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Stocks (%) 42.79
Top 5 Stocks (%) 26.83
Top 3 Sectors (%) 55.33
Portfolio P/B Ratio 3.66
Portfolio P/E Ratio 28.60

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 96,004 90,653
Giant (%) 50.41 50.67
Large (%) 19.58 15.11
Mid (%) 25.51 25.96
Small (%) 4.50 8.61
Tiny (%) -- 0.26

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 25.23 9.70 5.32 7.56
equal ICICI Bank Financial 36.13 8.48 0.00 5.27
equal Kotak Mahindra Bank Financial 36.78 5.21 0.00 5.21
down Bajaj Finance Financial 53.00 6.95 0.00 4.44
equal Reliance Industries Energy 21.12 5.19 0.00 4.35
equal HDFC Financial 18.18 4.09 0.00 4.09
equal Honeywell Automation Engineering 65.24 3.45 0.00 3.45
equal Grindwell Norton Metals 37.04 2.95 0.00 2.95
equal State Bank of India Financial 24.53 5.82 0.00 2.94
equal Larsen & Toubro Construction 18.10 3.76 0.00 2.53
equal SKF India Engineering 33.03 2.52 0.00 2.39
equal GSK Consumer Healthcare FMCG 34.74 2.31 0.00 2.31
down Siemens Engineering 43.13 3.29 0.00 2.22
equal ITC FMCG 16.65 6.04 0.00 2.17
down Nestle India FMCG 79.99 2.76 0.00 2.13
up Tata Consultancy Services Technology 24.50 2.05 0.00 2.05
down ACC Construction 19.21 3.00 0.00 2.05
equal Ultratech Cement Construction 35.94 2.04 0.00 2.04
equal P&G Hygiene & Health Care FMCG 85.79 2.10 0.00 2.03
up Bharti Airtel Communication -- 2.02 0.00 2.02
equal ABB Engineering 83.60 2.33 0.00 2.02
equal Cholamandalam Invest. & Fin. Financial 20.01 3.08 0.00 2.02
down Pfizer Healthcare 36.91 2.57 0.00 1.98
down Bajaj Auto Automobile 16.37 2.98 0.00 1.96
equal Wabco India Automobile 72.44 2.07 0.88 1.96

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Srinivasan Ramamurthy since 20-Jan-2020

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:


-1.56%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 11.8046

Dividend: ₹ 10.8355


Investment Strategy

The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Mahindra Mutual Fund
Launch Date: 18-Oct-2016
Return Since Launch: 5.07%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 324 Cr (As on 31-Jan-2020)
Expense: 2.18% (As on 31-Jan-2020)
Risk Grade: Average
Return Grade: Low
Turnover: 59.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend10-Nov-20171.0000

Contact Information

AMC: Mahindra Asset Management Company Private Limited

Address: 1st Floor - Sadhana House, Behind Mahindra Towers, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

Email: [email protected]

Website: www.mahindramutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM