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2 star

Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Regular Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.92 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 2.17 -0.11 0.95 1.29 8.55 20.01 9.24 3.17 -- -- --
VR MIP TRI 2.05 -0.02 0.14 0.24 4.73 11.94 7.01 6.33 -- -- --
Hybrid: Equity Savings 1.29 0.01 0.59 0.86 6.57 14.21 5.95 3.39 -- -- --
Rank within category 9 20 5 5 3 1 4 9 -- -- --
Number of funds in category 23 23 23 23 23 23 23 14 10 0 0

As on 18-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Regular Plan
2 star
Feb-17 9.24 3.17 -- 2.43 201
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 8.77 5.90 7.33 2.20 1,367
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 4.23 5.02 7.30 1.49 1,146
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 5.39 5.04 6.28 2.33 689
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 2.31 2.84 7.35 2.05 3,004

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.93 (24-Mar-2020 - 31-Mar-2020) -10.24 (11-Mar-2020 - 18-Mar-2020)
Month 10.77 (24-Mar-2020 - 23-Apr-2020) -20.57 (20-Feb-2020 - 23-Mar-2020)
Quarter 18.45 (23-Mar-2020 - 22-Jun-2020) -19.58 (23-Dec-2019 - 23-Mar-2020)
Year 12.55 (19-Feb-2019 - 19-Feb-2020) -14.03 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.70 10.67 -0.14 -0.15 1.55 -3.48
VR MIP TRI 6.45 6.54 0.20 0.22 -- --
Hybrid: Equity Savings 3.80 9.12 -0.12 -0.11 1.29 -3.03
Rank within category 10 14 9 9 14 11
Number of funds in category 16 16 16 16 16 16

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

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 40
Number of Bonds 9
Average Maturity (yrs) 5.30
Top 10 Holdings (%) 44.14
Portfolio P/B Ratio 2.83
Portfolio P/E Ratio 22.83

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture AAA 0.00 - 2.96 2.73
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 2.98 2.71
equal 7.75% Power Finance Corp. 22/03/2027 Bonds AAA 0.00 - 2.88 2.66
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 2.66 2.63
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 5.81 2.59
equal 7.09% REC 17/10/2022 Debenture AAA 0.00 - 2.78 2.58
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 2.79 2.49
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 2.26 1.51
equal 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.26 1.22

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 36.70 8.99 0.00 7.55
equal HDFC Financial 14.08 8.06 0.00 6.20
equal Infosys Technology 25.08 5.90 0.00 5.71
equal HDFC Bank Financial 20.41 6.05 0.00 5.29
equal ICICI Bank Financial 25.08 5.20 0.00 3.94
equal State Bank of India Financial 7.96 4.13 0.00 3.93
equal Hindustan Unilever FMCG 71.98 3.40 0.00 3.25
equal Tata Consultancy Services Technology 29.46 2.94 0.00 2.83
equal Bharti Airtel Communication -- 2.59 0.00 2.27
equal Kotak Mahindra Bank Financial 29.72 2.36 0.00 2.10
equal ITC FMCG 15.25 3.63 0.00 1.81
equal Wabco India Automobile 156.33 1.75 0.00 1.66
equal Axis Bank Financial 80.21 2.44 0.00 1.63
equal Coromandel International Chemicals 18.96 1.52 0.00 1.49
equal Larsen & Toubro Construction 15.08 3.12 0.00 1.38
equal Deepak Nitrite Chemicals 19.85 1.36 0.00 1.36
equal Wipro Technology 18.60 2.38 0.00 1.35
equal Maruti Suzuki India Automobile 52.16 2.28 0.00 1.35
equal Divi's Laboratories Healthcare 55.67 1.28 0.00 1.28
equal Muthoot Finance Financial 12.95 1.38 0.00 1.12
equal Zydus Wellness FMCG 72.87 1.11 0.00 1.11
equal L&T Infotech Technology 29.88 1.06 0.00 1.06
equal Sanofi India Healthcare 43.93 1.02 0.00 1.02
up Eicher Motors Automobile 44.54 1.04 0.00 0.93
equal Cipla Healthcare 39.52 0.93 0.00 0.92

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-Aug-2020

Fund Manager

— Rahul Pal since 10-Jan-2017

Education: Mr. Pal is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Mahindra Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Funds Managed:

— Srinivasan Ramamurthy since 01-Aug-2018

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:


-0.11%

Change from previous, NAV as on 18-Sep-2020

Growth: ₹ 12.0811

Dividend: ₹ 11.3437


Investment Strategy

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Mahindra Manulife Mutual Fund
Launch Date: 01-Feb-2017
Return Since Launch: 5.35%
Benchmark: NIFTY 50 TRI (55), CRISIL Composite Bond (30), CRISIL Liquid (15)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 201 Cr (As on 31-Aug-2020)
Expense: 2.43% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 187.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend05-Aug-20190.0620

 27-Mar-20190.0531
 28-Mar-20180.0400
 15-Dec-20170.2000
 15-Sep-20170.1500
 16-Jun-20170.1500

Contact Information

AMC: Mahindra Manulife Investment Management Private Limited

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

Phone: 022-66327900

Email: [email protected]

Website: http://www.mahindramanulife.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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