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5 star

Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Regular Plan


1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.56 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 15.73 -0.36 0.29 -2.32 1.01 7.32 20.30 12.79 -- -- --
VR MIP TRI 10.44 -0.46 0.39 -1.10 0.55 5.28 13.12 10.42 -- -- --
Hybrid: Equity Savings 11.84 -0.28 0.26 -0.97 0.72 5.34 14.58 9.39 -- -- --
Rank within category 3 18 9 23 9 3 3 1 -- -- --
Number of funds in category 23 23 23 23 23 23 23 18 13 3 0

As on 03-Dec-2021

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
5 star
Feb-17 20.30 12.79 -- 2.45% 344
HDFC Equity Savings Fund  | Invest Online
4 star
Sep-04 20.43 10.50 9.61 2.10% 2,516
Kotak Equity Savings Fund - Regular Plan  | Invest Online
4 star
Oct-14 13.01 9.79 9.46 2.18% 1,626
Axis Equity Saver Fund - Regular Plan
4 star
Aug-15 16.22 10.97 10.37 2.20% 1,053
ICICI Prudential Equity Savings Fund  | Invest Now
3 star
Dec-14 10.91 8.29 7.60 1.04% 4,506

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 46.19 23-Mar-2020 - 23-Mar-2021 -14.03 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.50 10.98 0.79 0.83 1.56 -1.06
VR MIP TRI 10.03 6.79 0.92 1.13 -- --
Hybrid: Equity Savings 9.32 9.22 0.63 0.69 1.26 -2.30
Rank within category 1 17 3 5 18 3
Number of funds in category 19 19 19 19 19 19

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 45
Number of Bonds 9
Average Maturity (yrs) 1.34
Top 10 Holdings (%) 39.41
Portfolio P/B Ratio 2.99
Portfolio P/E Ratio 23.42

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 5.69% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 3.32 2.88
new 8.00% Aditya Birla Housing Finance 2022 Debenture AAA 0.00 - 2.21 2.21
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture AAA 1.58 - 2.77 1.58
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 1.55 - 2.71 1.55
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.85 1.53
equal 7.09% REC 17/10/2022 Debenture AAA 1.49 - 2.61 1.49
equal 5.40% HDFC 2023 Bonds/NCDs AAA 1.46 - 2.53 1.46
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.66 1.45
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.66 1.44

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 31.17 8.99 4.55 5.58
equal State Bank of India Financial 14.74 6.65 1.50 5.39
equal HDFC Financial 24.08 8.06 2.40 4.98
equal ICICI Bank Financial 23.44 6.10 0.27 4.73
up United Spirits FMCG 77.06 3.79 0.00 3.79
equal Infosys Technology 34.93 5.90 2.57 3.41
equal Tata Consultancy Services Technology 36.81 4.55 1.24 3.32
equal HDFC Bank Financial 24.50 6.05 3.04 3.04
up Kotak Mahindra Bank Financial 38.01 2.85 1.34 2.29
equal Bharti Airtel Communication 139.49 2.70 0.50 1.99
up Axis Bank Financial 20.63 2.44 0.00 1.77
equal Hindustan Unilever FMCG 65.71 3.40 0.78 1.67
equal Larsen & Toubro Construction 28.92 3.12 1.32 1.62
up Grasim Industries Construction 18.36 1.53 0.00 1.53
up Sun Pharmaceutical Industries Healthcare 29.00 1.35 0.00 1.33
up Indusind Bank Financial 18.79 1.25 0.00 1.25
up ITC FMCG 19.14 2.98 0.00 1.17
equal Maruti Suzuki India Automobile 51.80 1.84 0.87 0.87
equal Escorts Automobile 27.75 0.89 0.00 0.82
equal Ultratech Cement Construction 33.27 1.09 0.00 0.80
up Deepak Nitrite Chemicals 29.60 1.37 0.00 0.79
equal Avenue Supermarts Services 226.32 0.83 0.00 0.79
equal SAIL Metals 3.26 1.20 0.00 0.78
equal Canara Bank Financial 8.33 0.73 0.00 0.73
equal Hindalco Inds. Metals 9.54 0.90 0.00 0.72

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-Oct-2021

Fund Manager

— Fatema Pacha since 16-Oct-2020

Education: Ms. Pacha has done PGDBM (Finance) and BE (Computers)

Experience: Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

Funds Managed:

— Manish Lodha since 21-Dec-2020

Education: Mr. Lodha is a Chartered Accountant and Company Secretary

Experience: Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Funds Managed:

— Rahul Pal since 10-Jan-2017

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

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

Funds Managed:


-0.36%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 15.5059

IDCW: ₹ 13.7037


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
Lock-in Period Not Applicable
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: 9.49%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 344 Cr (As on 31-Oct-2021)
Expense: 2.45% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: High
Turnover: 324.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW17-Sep-20210.4000

 22-Jan-20210.4000
 05-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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Time12:30 PM - 01:00 PM

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