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4 star

Mahindra Manulife Mid Cap Unnati Yojana - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 2.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.05 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.

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.

Read more

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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 50.77 1.27 2.51 -3.86 4.02 14.06 57.07 26.31 -- -- --
S&P BSE 150 MidCap TRI 50.22 1.47 2.29 -2.51 5.00 13.88 52.90 25.88 -- -- --
Equity: Mid Cap 46.23 1.39 2.06 -2.95 3.96 16.03 50.99 25.64 -- -- --
Rank within category 9 23 2 22 13 22 8 13 -- -- --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 08-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Mid Cap Unnati Yojana - Direct Plan
4 star
Jan-18 57.07 26.31 -- 0.67% 845
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.10 28.29 20.85 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 47.61 29.10 24.55 0.46% 15,988
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.50 26.57 19.88 1.04% 11,919
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 67.67 38.55 24.37 0.32% 3,388

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.89 19-Sep-2019 - 26-Sep-2019 -17.99 16-Mar-2020 - 23-Mar-2020
Month 16.15 29-Jan-2021 - 02-Mar-2021 -32.97 20-Feb-2020 - 23-Mar-2020
Quarter 28.00 23-Mar-2020 - 22-Jun-2020 -27.12 23-Dec-2019 - 23-Mar-2020
Year 93.13 23-Mar-2020 - 23-Mar-2021 -22.37 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 24.39 20.76 0.99 1.06 0.80 3.81
S&P BSE 150 MidCap TRI 24.90 25.07 0.84 0.89 -- --
Equity: Mid Cap 24.31 23.18 0.89 0.94 0.90 1.57
Rank within category 14 3 5 5 2 5
Number of funds in category 23 23 23 23 23 23

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 59
Top 10 Stocks (%) 26.54
Top 5 Stocks (%) 13.92
Top 3 Sectors (%) 44.85
Portfolio P/B Ratio 2.67
Portfolio P/E Ratio 19.76

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,273 29,713
Giant (%) 4.57 5.01
Large (%) 7.92 14.39
Mid (%) 77.37 75.05
Small (%) 10.15 6.86
Tiny (%) -- 0.20

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Godrej Properties Construction -- 3.15 1.48 2.96
equal The Federal Bank Financial 10.71 3.58 0.00 2.88
up Canara Bank Financial 8.68 2.79 0.00 2.79
equal Atul Chemicals 39.70 3.89 0.00 2.70
equal Max Financial Services Financial 112.16 3.18 0.00 2.59
up State Bank of India Financial 15.22 2.56 0.00 2.56
equal CRISIL Services 54.76 3.05 0.00 2.55
up ABB India Ltd. Engineering 121.76 2.66 0.00 2.52
down Deepak Nitrite Chemicals 29.72 3.08 0.00 2.51
equal Honeywell Automation Engineering 81.30 3.91 1.26 2.48
equal Supreme Industries Chemicals 25.46 2.99 1.73 2.48
equal Grindwell Norton Metals 69.32 2.56 1.58 2.40
equal Dalmia Bharat Construction 28.73 2.80 0.00 2.38
equal Relaxo Footwears FMCG 109.90 2.09 1.04 2.05
up Power Finance Corporation Financial 2.52 2.05 0.00 2.05
equal Wabco India Automobile 98.73 2.05 0.00 2.03
equal Fortis Healthcare Healthcare 46.98 2.59 0.00 2.02
equal Mphasis Technology 44.45 2.65 1.36 1.92
new HCL Technologies Technology 27.48 1.90 0.00 1.90
equal Balkrishna Industries Automobile 30.28 2.03 0.00 1.89
equal Century Textiles & Industries Diversified 103.42 2.75 0.00 1.85
equal Bayer CropScience Chemicals 49.95 2.17 0.44 1.77
equal Jindal Steel & Power Metals 5.82 1.73 0.00 1.73
equal Jindal Stainless Metals 7.41 2.04 0.00 1.70
equal SAIL Metals 3.51 4.05 0.00 1.64

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— 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:

— V Balasubramanian since 01-Aug-2018

Education: Mr. Balasubramanian is M.Com, C.A and LLB

Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with IDBI Mutual Fund and Indian Bank.

Funds Managed:


1.27%

Change from previous, NAV as on 08-Dec-2021

Growth: ₹ 18.5910

IDCW: ₹ 18.0774


Investment Strategy

The scheme seeks to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies.

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 1% for redemption within 365 days

Basic Details

Fund House: Mahindra Manulife Mutual Fund
Launch Date: 30-Jan-2018
Return Since Launch: 19.61%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 845 Cr (As on 31-Oct-2021)
Expense: 0.67% (As on 31-Oct-2021)
Risk Grade: Low
Return Grade: Average
Turnover: 77.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW17-Sep-20210.5000

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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