Mahindra Manulife Equity Savings Fund- Regular Reinvestment

An open ended scheme investing in equity, arbitrage and debt

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Hybrid

Last Dividend Date: 14th March 2024 Last Dividend: 1.00000000

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit Load 3 Months10% *
*10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 calendar days from the date of allotment of Units.

Any redemption in excess of the above limit shall be subject to the following exit load:
» An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 15 calendar days from the date of allotment of Units;
» Nil - If Units are redeemed / switched-out after completion of 15 calendar days from the date of allotment of Units.

Fund Manager (Equity) : Mr. Manish Lodha

Total Experience: Combined work experience of over 23 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 21, 2020

Fund Manager : Mr. Renjith Sivaram

Total Experience: 14 years of experience in the field of equity research.

Experience in managing this fund : Managing since July 3, 2023

Fund Manager (Debt) : Mr. Rahul Pal

Total Experience: Collectively over 22 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since February 1, 2017

Fund Manager : Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments)

Total Experience: Collectively over 14 years of experience in the field of ESG and Sustainability.

Experience in managing this fund : Managing since January 5, 2024

This Product is Suitable for investors who are seeking**

  • Long term capital appreciation and generation of income
  • Investment in equity and equity related instruments, arbitrage opportunities and debt and money market instruments.

Scheme Riskometer

Mahindra Manulife- Scheme Risko Meter Moderate

Mahindra Manulife Equity Savings Fund

Benchmark Riskometer

As per AMFI Tier I Benchmark i.e. Nifty Equity Savings TRI

Mahindra Manulife- Benchmark Risko Meter Moderate

**Investor should consult their financial advisers if in doubt about whether the product is suitable for them.

  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

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. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Product Benefits:

  • Flexible Asset Allocation Feature in dynamic market scenarios
  • Balances the risk of equity with investments in debt and derivative securities
  • Regular investments in the scheme may let you accumulate wealth to realise your dreams .

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Equity Savings Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Oct 31, 2024)
Managed by Mr. Manish Lodha (Equity) and Mr. Renjith Sivaram and Mr. Rahul Pal (Debt) and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments) 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 15.45 7.91 11.21 9.23 11,549 12,573 17,019 19,826 19.8260
Direct Plan - Growth Option 17.38 9.82 13.13 11.26 11,743 13,256 18,545 22,868 22.8680
Nifty Equity Savings TRI^ 14.90 8.56 10.07 9.70 11,495 12,801 16,162 20,494 5960.98
CRISIL 10 Yr Gilt Index^^ 10.67 5.59 5.44 5.38 11,070 11,779 13,037 15,009 4802.0617

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 1-Feb-17. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Pursuant to change in Fund Management Responsibilities, the scheme shall be managed by Mr. Manish Lodha, Mr. Renjith Sivaram, Mr. Rahul Pal and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investment) effective January 5, 2024.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.