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Mahindra Low Duration Bachat Yojana Direct Weekly Dividend Reinvestment

Debt

  

Low Duration Fund

NAV

1030.92 + 0.1698

as on (03 Apr, 2020)

RETURNS

3.8 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.33 %

Benchmark

Crisil Low Duration Debt Index TR INR

Asset Size

502.78 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

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Fund manager

Rahul Pal

(since 15 Feb, 2017)

Exit load

N / A

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

National Bank For Agriculture And Rural Development

6.54 %

Reliance Capital Limited

6.54 %

CYQUATOR MEDIA SERVICES PRIVATE LIMITED

6.54 %

Reliance Jio Infocomm Limited

6.52 %

Sector Allocation

About the Scheme Type

Low Duration Fund

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.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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Overview of Mahindra Asset Management Company 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.