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2 star

Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Regular Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.75 Lakh

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 -2.29 0.50 1.30 4.52 10.79 -2.71 1.97 2.45 -- -- --
VR MIP TRI -0.05 0.30 0.95 2.79 7.54 -0.34 3.19 6.45 -- -- --
Hybrid: Equity Savings -2.17 0.34 1.08 3.21 7.61 -2.53 0.56 3.00 -- -- --
Rank within category 12 2 5 2 1 12 10 10 -- -- --
Number of funds in category 23 23 23 23 23 23 22 14 8 0 0

As on 09-Jul-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 1.97 2.45 -- 2.42 190
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 4.08 5.74 6.68 2.16 1,395
ICICI Prudential Equity Savings Fund  | Invest Now
4 star
Dec-14 0.43 4.56 6.73 1.36 1,157
Axis Equity Saver Fund - Regular Plan  | Invest Online
4 star
Aug-15 1.63 5.16 -- 2.35 688
HDFC Equity Savings Fund  | Invest Online
3 star
Sep-04 -2.47 2.47 6.65 2.04 3,141

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 2.42 10.44 -0.28 -0.30 1.53 -4.05
VR MIP TRI 6.06 6.50 0.12 0.13 -- --
Hybrid: Equity Savings 2.94 9.00 -0.24 -0.23 1.29 -3.35
Rank within category 13 14 10 11 14 14
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Number of Bonds 9
Average Maturity (yrs) 5.20
Top 10 Holdings (%) 39.31
Portfolio P/B Ratio 2.53
Portfolio P/E Ratio 18.87

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 7.26% GOI 14/01/2029 GOI Securities SOV 1.97 - 7.78 3.12
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 2.98 2.93
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture -- 0.00 - 2.88 2.88
equal 7.83% IRFC 21/03/2027 Bonds -- 0.00 - 2.83 2.83
equal 7.75% Power Finance Corp. 22/03/2027 Bonds -- 0.00 - 2.76 2.76
down 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture -- 0.00 - 4.80 2.68
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs -- 0.00 - 2.67 2.67
equal 7.09% REC 17/10/2022 Debenture -- 0.00 - 2.67 2.67
equal 8.75% Muthoot Finance 24/06/2020 Debenture -- 0.00 - 2.64 2.64

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
down HDFC Financial 15.72 8.06 0.00 6.19
equal HDFC Bank Financial 22.68 6.05 0.00 5.03
down Reliance Industries Energy 31.35 8.99 0.00 4.62
down Infosys Technology 20.06 4.87 0.00 4.51
equal ICICI Bank Financial 25.08 5.20 0.00 3.51
up Hindustan Unilever FMCG 75.69 3.35 0.00 3.35
down State Bank of India Financial 8.99 4.13 0.00 3.17
equal Tata Consultancy Services Technology 25.58 2.94 0.00 2.62
up Bharti Airtel Communication -- 2.59 0.00 2.59
equal ITC FMCG 15.70 4.27 0.00 1.98
equal Kotak Mahindra Bank Financial 31.51 2.36 0.00 1.94
new Wabco India Automobile 82.52 1.75 0.00 1.75
equal Larsen & Toubro Construction 13.89 3.12 0.00 1.45
equal Maruti Suzuki India Automobile 31.95 2.28 0.00 1.35
equal Axis Bank Financial 69.10 2.44 0.00 1.34
equal Coromandel International Chemicals 20.80 1.34 0.00 1.34
equal Dabur India FMCG 57.88 1.24 0.00 1.20
new Wipro Technology 13.02 2.38 0.00 1.12
equal Muthoot Finance Financial 13.90 1.38 0.00 1.10
equal Deepak Nitrite Chemicals 11.87 1.09 0.00 1.05
equal Divi's Laboratories Healthcare 41.96 1.04 0.00 1.04
equal Sanofi India Healthcare 43.00 1.02 0.00 1.02
equal NTPC Energy 13.41 2.22 0.00 0.93
equal Zydus Wellness FMCG 55.89 1.01 0.00 0.91
equal Cipla Healthcare 33.30 0.89 0.00 0.89

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-May-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:


0.50%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 11.5538

Dividend: ₹ 10.8486


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: 4.29%
Benchmark: NIFTY 50 TRI (55), CRISIL Composite Bond (30), CRISIL Liquid (15)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 190 Cr (As on 31-May-2020)
Expense: 2.42% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 201.00%

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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