Formerly Mahindra MF Dhan Sanchay Yojana Reg DP
₹ 12.7871
NAV (Mar 03)
Neutral
However, Scripbox does not recommend investing in equity savings mutual funds.
Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments.
These funds are close to equity funds in terms of market linked fluctuations.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
4 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
207 Cr. Medium within the category
Category View
Relatively Poor. The category has a relatively poor investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
High Risk
2.46 %
Expense Ratio
Feb 01, 2017
Launched (4y ago)
₹ 207
AUM in Crores
INF174V01168
ISIN
No Lock-in
Lock-in
CRISIL Liquid Fund TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Hybrid Funds
Aggressive Hybrid
26 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
Aggressive Hybrid
20 Years
Age
Track Record
Multi Asset Allocation
20 Years
Age
Track Record
Conservative Hybrid
18 Years
Age
Track Record
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 5,089 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 17 equity,19 debt and 9 hybrid funds.
Diversified
₹ 384 Cr
Fund Size
13.2%
3Y returns
Large Cap
₹ 98 Cr
Fund Size
N/A
3Y returns
Aggressive Hybrid
₹ 149 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
5.9%
3Y returns
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
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Mahindra Manulife Equity Savings Dhan Sanchay Yojana (DP-A) is a equity savings hybrid fund and has delivered an annualised return of 9.0% over a period of 4 years .The fund was previously known as Mahindra MF Dhan Sanchay Yojana Reg DP.The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd..The fund managers are Fatema Pacha, Manish Lodha, Rahul Pal, Srinivasan Ramamurthy
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. However, there is no assurance that the objective of the scheme will be realized.
The Mahindra Manulife Equity Savings Dhan Sanchay Yojana (DP-A) fund was launched on Feb 01, 2017. The NAV (Net Asset Value) of this equity savings hybrid as of 2021-03-03 is ₹ 12.7871. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 206.058. The category risk of the Mahindra Manulife Equity Savings Dhan Sanchay Yojana (DP-A) fund is High Risk. The fund charges 2.46 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 47.3% in this asset class. The top three holdings of the fund are national bank for agriculture and rural development,7.57% govt stock 2033 and power finance corporation limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Liquid Fund TR INR
Mahindra Manulife Equity Savings Dhan Sanchay Yojana (DP-A) has a score of 2 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Mahindra Manulife Equity Savings Dhan Sanchay Yojana (DP-A) has a score of 3 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.