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Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct Plan download report


1 Lakh

Investment Grown to
₹ 1.49 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.44 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
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct-G 2.34 0.12 0.97 4.33 4.62 2.87 6.58 14.21 9.84 -- --
VR MIP TRI 2.55 -0.05 0.87 4.83 5.43 2.41 5.70 9.34 8.38 -- --
Hybrid: Equity Savings 2.57 0.04 0.67 3.47 4.34 2.63 5.59 10.48 8.14 -- --
Rank within category 12 1 1 4 11 11 6 1 1 -- --
Number of funds in category 21 21 21 21 21 21 21 21 13 9 0

As on 18-Aug-2022

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 - Direct Plan
4 star
Feb-17 6.58 14.21 9.84 0.62 439
SBI Equity Savings Fund - Direct Plan
4 star
May-15 4.64 11.38 8.67 0.64 2,402
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 9.25 11.28 9.16 1.10 1,926
Mirae Asset Equity Savings Fund - Direct Plan  | Invest Online
5 star
Dec-18 6.20 14.01 -- 0.40 561
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
3 star
Dec-14 6.89 8.77 7.89 0.45 5,021

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.97 24-Mar-2020 - 31-Mar-2020 -10.21 11-Mar-2020 - 18-Mar-2020
Month 10.93 24-Mar-2020 - 23-Apr-2020 -20.46 20-Feb-2020 - 23-Mar-2020
Quarter 18.96 23-Mar-2020 - 22-Jun-2020 -19.28 23-Dec-2019 - 23-Mar-2020
Year 48.61 23-Mar-2020 - 23-Mar-2021 -12.64 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct-G 13.06 11.22 0.85 0.89 1.49 2.25
VR MIP TRI 8.41 7.21 0.68 0.88 -- --
Hybrid: Equity Savings 9.77 9.05 0.72 0.79 1.15 0.61
Rank within category 1 21 4 5 21 3
Number of funds in category 22 22 22 22 22 22

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

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Number of Bonds 18
Average Maturity (yrs) 0.87
Top 10 Holdings (%) 33.57
Portfolio P/B Ratio 2.59
Portfolio P/E Ratio 18.59

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 Export-Import Bank 24/03/2023 Certificate of Deposit A1+ 0.00 - 3.44 3.29
equal 4.85% Bajaj Housing Finance 2022 Debenture AAA 0.00 - 2.42 2.27
down Export-Import Bank 14/09/2022 Certificate of Deposit A1+ 0.00 - 4.74 2.26
equal Reserve Bank of India 364-D 05/01/2023 Treasury Bills SOV 0.00 - 2.32 2.22
equal Reserve Bank of India 364-D 12/01/2023 Treasury Bills SOV 0.00 - 2.32 2.22
equal Reserve Bank of India 364-D 19/01/2023 Treasury Bills SOV 0.00 - 2.32 2.22
equal 5.69% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 3.32 2.20
up 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 2.10 1.63
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture AAA 1.19 - 1.92 1.19
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 1.17 - 1.92 1.17
new 7.38% GOI 20/06/2027 GOI Securities SOV 0.00 - 1.16 1.16
equal LIC Housing Fin. 165-D 11/10/2022 Commercial Paper A1+ 0.00 - 1.18 1.13
new Reserve Bank of India 364-D 13/10/2022 Treasury Bills SOV 0.00 - 1.13 1.13
equal 5.40% HDFC 2023 Bonds/NCDs AAA 1.12 - 1.80 1.12
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.15 1.10
equal 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 1.23 1.08
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.66 0.55
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 1.66 0.55

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 27.12 8.99 4.43 5.42
up State Bank of India Financial 13.45 6.65 1.50 4.55
equal ICICI Bank Financial 22.21 6.10 3.44 4.20
down Infosys Technology 29.90 5.90 2.60 3.37
equal Maruti Suzuki India Automobile 60.77 2.95 0.87 2.70
equal Ambuja Cements Materials 34.36 2.66 0.00 2.62
equal United Spirits Consumer Staples 56.56 3.79 0.00 2.57
equal HDFC Financial 19.82 8.06 2.34 2.44
equal ITC Consumer Staples 23.89 2.98 0.00 2.41
equal Hero Motocorp Automobile 21.89 2.49 0.00 2.02
equal Bharti Airtel Communication 78.28 2.70 0.57 1.94
equal Tata Consultancy Services Technology 31.89 4.55 1.59 1.84
up Kotak Mahindra Bank Financial 29.00 2.85 1.34 1.63
down NTPC Energy 9.47 1.72 0.00 1.63
up Tech Mahindra Technology 20.17 1.48 0.00 1.48
equal Axis Bank Financial 14.56 2.44 0.00 1.36
equal Larsen & Toubro Construction 28.94 3.12 1.16 1.28
equal Ashok Leyland Automobile -- 1.31 0.00 1.25
equal Grasim Industries Materials 13.60 1.67 0.00 1.19
new Escorts Kubota Automobile 34.04 1.14 0.00 1.14
up Indusind Bank Financial 15.80 1.25 0.00 1.11
equal Hindustan Unilever Consumer Staples 68.75 3.40 0.00 1.08
equal LIC Housing Fin. Financial 7.13 1.08 0.00 1.07
equal Zee Entertainment Services 28.31 1.55 0.00 1.06
equal Hindustan Aeronautics Capital Goods 14.07 1.13 0.00 0.99

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-Jul-2022

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:


0.12%

Change from previous, NAV as on 18-Aug-2022

Growth: ₹ 17.5035

IDCW: ₹ 14.7753


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

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. 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: 10.62%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 439 Cr (As on 31-Jul-2022)
Expense Ratio: 0.62% (As on 31-Jul-2022)
Risk Grade: Above Average
Return Grade: High
Turnover: 370.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW17-Mar-20220.8000

 17-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, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

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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