Rating : ★ ★ ★ ★ ☆

Mahindra Manulife Large Cap Pragati Yojana Regular Growth

Equity

  

Large Cap Fund

NAV

14.0188 +0.1298

(as on 24 Jun, 2022)

RETURNS

11.45 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

3%

Asset Size

158.24 Cr.

(As of 31 May, 2022)

Benchmark

IISL Nifty 100 TR INR

Riskometer

Investors understand that their principal will be at Risk.

Objective

The investment objective of the Scheme is to provide long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in large cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved

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Fund manager

V Balasubramanian

Exit load

1 %

Minimum sip

₹500

Minimum investment

₹1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Industries Ltd

8.64%

HDFC Bank Ltd

8.37%

ICICI Bank Ltd

7.72%

Infosys Ltd

5.63%

Sector Allocation

About the Scheme Type

FundsLarge Cap Mutual Funds invest in companies with large market capitalization, and who ae well-established players with good track record. Large cap funds are one of the less riskiest investment avenues and pose an attractive option for investors with lower risk appetite or who are relatively risk-averse. After SEBI’s re-categorization the large-cap companies are those thatfall within the top 100 ranks of the give benchmark. Large cap funds require patience from investors and ask for longer time periods for staying invested, usually for 5 – 7 years.

Ratings

This fund is rated 4 stars by Morning Star Ratings.

★ ★ ★ ★ ☆

Overview of Mahindra Manulife Investment Management Pvt Ltd

Mahindra Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882, as per the terms of the trust deed dated September 29, 2015 between the Mahindra and Mahindra Financial Services Limited as the Sponsor and Mahindra Trustee Company Private Limited, as the Trustee. The Trust Deed has been registered under the Indian Registration Act, 1908. Mahindra Mutual Fund has been registered with SEBI, under registration code MF/069/16/01.

Mahindra Asset Management Company Private Limited, a company incorporated under the Companies Act, 1956, is the Investment Manager for Mahindra Mutual Fund. It is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). Mahindra Mutual Fund endeavours to offer a variety of mutual fund schemes pan-India, with special focus in rural and semi-urban areas.

Vision statement of Mahindra Mutual Fund – To be a leading provider of financial services in the rural and semi-urban areas of India.

Mission statement of Mahindra Mutual Fund – To transform rural lives and drive positive change in the communities.