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2 star

Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct Plan


Hybrid: Equity Savings

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.84 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 -2.15 -0.85 -0.64 4.25 11.23 -3.08 2.74 3.94 -- -- --
VR MIP TRI -0.52 -0.59 -0.32 2.48 7.33 -1.06 2.40 5.97 -- -- --
Hybrid: Equity Savings -2.28 -0.63 -0.68 2.82 7.78 -3.20 0.71 3.63 -- -- --
Rank within category 12 22 11 2 1 12 7 8 -- -- --
Number of funds in category 23 23 23 23 23 23 21 14 7 0 0

As on 14-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 - Direct Plan
2 star
Feb-17 2.74 3.94 -- 0.74 198
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 4.75 6.13 7.31 1.21 1,395
ICICI Prudential Equity Savings Fund - Direct Plan  | Invest Now
4 star
Dec-14 0.08 4.79 -- 0.70 1,159
Axis Equity Saver Fund - Direct Plan  | Invest Online
4 star
Aug-15 1.91 5.87 -- 1.02 688
HDFC Equity Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 -2.88 2.98 7.50 1.27 3,141

Best & Worst Performance

Best (Period) Worst (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 14.35 (19-Feb-2019 - 19-Feb-2020) -12.64 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.35 10.45 -0.09 -0.10 1.53 -2.12
VR MIP TRI 6.06 6.50 0.12 0.13 -- --
Hybrid: Equity Savings 4.08 9.00 -0.11 -0.10 1.29 -2.21
Rank within category 9 14 10 10 14 9
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 40
Number of Bonds 9
Average Maturity (yrs) * 5.20
Top 10 Holdings (%) 40.71
Portfolio P/B Ratio 2.65
Portfolio P/E Ratio 20.41

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 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 2.98 2.80
equal 8.20% National Bank Agr. Rur. Devp 16/03/2028 Debenture -- 0.00 - 2.88 2.79
equal 7.83% IRFC 21/03/2027 Bonds -- 0.00 - 2.83 2.74
equal 7.75% Power Finance Corp. 22/03/2027 Bonds -- 0.00 - 2.76 2.72
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture -- 0.00 - 4.80 2.63
equal 7.09% REC 17/10/2022 Debenture -- 0.00 - 2.67 2.60
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs -- 0.00 - 2.67 2.55
down 7.26% GOI 14/01/2029 GOI Securities SOV 1.63 - 7.78 1.63
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 1.26 1.26

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 33.59 8.99 0.00 6.29
down HDFC Financial 14.62 8.06 0.00 6.03
down HDFC Bank Financial 21.59 6.05 0.00 5.13
equal Infosys Technology 21.36 4.87 0.00 4.60
equal ICICI Bank Financial 23.75 5.20 0.00 3.57
equal Hindustan Unilever FMCG 79.19 3.40 0.00 3.40
equal State Bank of India Financial 8.43 4.13 0.00 3.36
equal Tata Consultancy Services Technology 26.88 2.94 0.00 2.66
equal Bharti Airtel Communication -- 2.59 0.00 2.52
equal Kotak Mahindra Bank Financial 29.85 2.36 0.00 2.07
equal ITC FMCG 15.89 4.27 0.00 1.87
equal Wabco India Automobile 82.64 1.75 0.00 1.67
equal Coromandel International Chemicals 21.03 1.50 0.00 1.50
equal Larsen & Toubro Construction 13.44 3.12 0.00 1.41
equal Axis Bank Financial 66.31 2.44 0.00 1.35
down Maruti Suzuki India Automobile 30.98 2.28 0.00 1.17
equal Wipro Technology 15.27 2.38 0.00 1.11
down Muthoot Finance Financial 13.85 1.38 0.00 1.08
equal Sanofi India Healthcare 43.97 1.02 0.00 0.99
equal Deepak Nitrite Chemicals 12.32 1.09 0.00 0.96
equal Divi's Laboratories Healthcare 43.18 1.04 0.00 0.95
equal Zydus Wellness FMCG 54.94 1.01 0.00 0.89
equal NTPC Energy 13.09 2.22 0.00 0.87
equal L&T Infotech Technology 25.95 0.86 0.00 0.86
equal Cipla Healthcare 33.28 0.89 0.00 0.84

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 30-Jun-2020

*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:


-0.85%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 12.2792

Dividend: ₹ 11.5263


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: 6.13%
Benchmark: NIFTY 50 TRI (55), CRISIL Composite Bond (30), CRISIL Liquid (15)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 198 Cr (As on 30-Jun-2020)
Expense: 0.74% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: 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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM