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Mahindra Mutual Fund Kar Bachat Yojana - Direct Plan


1 Lakh

Investment Grown to
₹ 1.25 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.83 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 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 5.67 0.41 8.66 7.09 7.72 -- --
S&P BSE 200 TRI 9.52 1.72 8.77 10.63 13.88 -- --
Equity: ELSS 8.37 1.10 8.26 9.40 12.24 -- --
Rank within category 22 28 20 23 31 -- --
Number of funds in category 35 38 37 35 34 29 1

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 11.80 (23-Aug-2019 - 23-Sep-2019) -11.83 (07-Sep-2018 - 09-Oct-2018)
Quarter 13.08 (05-Aug-2019 - 04-Nov-2019) -10.28 (04-Jun-2019 - 03-Sep-2019)
Year 31.18 (26-Dec-2016 - 26-Dec-2017) -11.46 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.12 11.88 0.20 0.30 0.84 -3.79
S&P BSE 200 TRI 13.76 12.78 0.63 1.00 -- --
Equity: ELSS 12.22 13.45 0.48 0.73 0.96 -0.59
Rank within category 31 4 31 31 3 29
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 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 43.65
Top 5 Stocks (%) 27.15
Top 3 Sectors (%) 59.03
Portfolio P/B Ratio 3.80
Portfolio P/E Ratio 28.74

Portfolio Aggregates

Fund Benchmark Category
Average Mkt Cap (Rs Cr) 1,03,538 3,01,056 96,702
Giant (%) 50.43 64.44 52.39
Large (%) 21.55 20.06 15.16
Mid (%) 24.91 15.30 24.27
Small (%) 3.11 0.21 8.53
Tiny (%) -- -- 0.27

Value Research Fund Style

Sector Allocation vis-à-vis Benchmark

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 29.57 9.70 5.32 7.50
up Bajaj Finance Financial 49.61 6.47 0.00 6.47
equal ICICI Bank Financial 67.66 8.48 0.00 4.90
equal Reliance Industries Energy 23.90 5.19 0.00 4.56
equal HDFC Financial 33.50 3.94 0.00 3.72
equal ITC FMCG 21.38 6.04 0.00 3.62
equal Kotak Mahindra Bank Financial 39.32 3.56 0.00 3.56
equal Honeywell Automation Engineering 58.62 3.27 0.00 3.27
equal Siemens Engineering 48.01 3.29 0.00 3.03
equal State Bank of India Financial 29.35 5.82 0.00 3.02
equal Nestle India FMCG 75.07 2.76 0.00 2.76
equal Larsen & Toubro Construction 19.37 3.76 0.00 2.74
equal ACC Construction 14.98 3.00 0.00 2.69
equal Grindwell Norton Metals 35.26 2.70 0.00 2.52
equal Pfizer Healthcare 38.99 2.44 0.00 2.44
down Marico FMCG 35.85 3.12 0.51 2.43
equal SKF India Engineering 31.58 2.52 0.00 2.35
equal Bajaj Auto Automobile 18.11 2.98 0.00 2.34
equal GSK Consumer Healthcare FMCG 33.05 2.22 0.00 2.21
equal ABB Engineering 86.00 2.33 0.00 2.13
equal P&G Hygiene & Health Care FMCG 89.70 2.10 0.00 2.01
equal Ultratech Cement Construction 36.68 1.88 0.00 1.88
equal Cholamandalam Invest. & Fin. Financial 20.32 3.08 0.00 1.84
equal Pidilite Industries Chemicals 62.76 2.09 0.00 1.81
equal Hindalco Inds. Metals 80.15 3.38 0.00 1.77

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 30-Nov-2019

Fund Manager

— V Balasubramanian since 01-Aug-2018

Education: Mr. Balasubramanian is M.Com, C.A and LLB

Experience: Prior to joining Mahindra Mutual Fund, he has worked with IDBI Mutual Fund and Indian Bank.

Funds Managed:


0.78%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 12.6148

Dividend: ₹ 11.5760


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
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 340 Cr (As on 30-Nov-2019)
Expense: 0.68% (As on 30-Nov-2019)
Risk Grade: Below Average
Return Grade: Below Average
Turnover: --

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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM