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Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct Plan

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Hybrid: Equity Savings

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1 Lakh

Investment Grown to
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.63 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 9.68 0.26 0.58 5.02 4.96 12.19 35.70 12.52 -- -- --
VR MIP TRI 5.45 0.05 0.32 3.17 3.20 6.71 19.83 9.87 -- -- --
Hybrid: Equity Savings 7.55 0.22 0.51 3.67 3.77 8.95 26.04 9.10 -- -- --
Rank within category 6 9 8 2 3 2 1 1 -- -- --
Number of funds in category 23 23 23 23 23 23 23 16 12 0 0

As on 15-Jun-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 - Direct Plan
4 star
 Feb-17 35.70 12.52 -- 0.85 242
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
 Jan-13 32.07 10.38 11.88 1.32 2,390
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
 Oct-14 21.33 9.38 9.85 1.25 1,463
Axis Equity Saver Fund - Direct Plan
4 star
 Aug-15 28.16 10.22 10.40 0.91 761
SBI Equity Savings Fund - Direct Plan
3 star
 May-15 31.19 10.46 10.10 1.02 1,411

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
Fund 12.23 11.21 0.71 0.80 1.60 -0.44
VR MIP TRI 9.52 6.87 0.76 0.89 -- --
Hybrid: Equity Savings 8.83 9.70 0.50 0.56 1.33 -2.39
Rank within category 1 14 3 3 15 3
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-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Number of Bonds 8
Average Maturity (yrs) * 3.70
Top 10 Holdings (%) 46.57
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 26.14

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 5.85% GOI 2030 GOI Securities SOV 0.00 - 3.25 3.07
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture AAA 0.00 - 2.81 2.27
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 2.72 2.22
equal 7.75% Power Finance Corporation 22/03/2027 Bonds AAA 0.00 - 2.75 2.22
equal 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.62 2.20
equal 7.09% REC 17/10/2022 Debenture AAA 0.00 - 2.64 2.14
new 7.60% India Grid Trust 2026 Debenture AAA 0.00 - 2.11 2.11
equal 5.40% HDFC 2023 Bonds/NCDs AAA 0.00 - 2.55 2.09

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
up Reliance Industries Energy 30.97 8.99 3.69 7.22
down State Bank of India Financial 17.11 6.65 0.00 6.65
equal HDFC Financial 24.52 8.06 2.40 6.36
down ICICI Bank Financial 24.29 6.10 0.00 6.10
up HDFC Bank Financial 25.83 6.05 3.60 4.93
equal Infosys Technology 32.43 5.90 2.53 4.85
equal Tata Consultancy Services Technology 37.21 2.94 0.00 2.75
equal Kotak Mahindra Bank Financial 35.15 2.85 0.00 2.37
equal Larsen & Toubro Construction 18.32 3.12 0.00 2.12
equal Hindustan Unilever FMCG 70.27 3.40 0.78 2.04
up Axis Bank Financial 31.98 2.44 0.00 1.71
equal Maruti Suzuki India Automobile 49.34 2.28 1.04 1.37
equal Bharti Airtel Communication -- 2.70 0.50 1.03
new Hero Motocorp Automobile 20.60 1.15 0.00 0.93
up L&T Infotech Technology 37.50 1.12 0.00 0.91
equal HCL Technologies Technology 23.99 0.95 0.00 0.85
equal Sun Pharmaceutical Industries Healthcare 55.62 0.87 0.00 0.84
equal Divi's Laboratories Healthcare 57.70 1.28 0.00 0.80
equal Max Financial Services Financial 83.14 1.72 0.00 0.78
equal Ambuja Cements Construction 24.58 0.79 0.00 0.78
equal Ultratech Cement Construction 35.22 1.09 0.00 0.74
equal Avenue Supermarts Services 197.93 0.81 0.00 0.74
down ICICI Lombard General Insurance Company Financial 46.40 0.84 0.00 0.73
equal NTPC Energy 15.22 2.16 0.00 0.72
equal PI Industries Chemicals 59.23 0.57 0.00 0.56

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-2021

*As on 30-Apr-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:

0.26%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 15.8494

IDCW: ₹ 14.4470

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: 11.11%
Benchmark: NIFTY 50 TRI (55), CRISIL Composite Bond TRI (30), CRISIL Liquid TRI (15)
Riskometer: Very High
Type: Open-ended
Assets: ₹ 242 Cr (As on 31-May-2021)
Expense: 0.85% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: High
Turnover: 254.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-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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