Mahindra Mutual Fund is offered by Mahindra Asset Management Company Private Limited. Mahindra Trustee Company Private Limited is the trustee company to Mahindra Mutual Fund. It has been constituted as per the provisions of the Indian Trusts Act, 1882. It is sponsored by Mahindra and Mahindra Financial Services Limited (MMFSL). The Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is an open-ended scheme.
Investment Objective of the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend
The main objective of investment of the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is to facilitate long-term appreciation of capital. In addition to this, the fund also seeks income through investments predominantly made in equity and other instruments related to equity. It also invests in debt and money market instruments.
However, the realisation of the investment objectives is not assured.
Key Features of the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend
The important features of the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme are as follows:
| Type of fund | An open-ended equity scheme that primarily invests in equity, arbitrage, and debt |
| Plans available |
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| Options under each plan |
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| Risk | Moderately High |
| Systematic Investment Plan (SIP) | Available |
| Systematic Transfer Plan (STP) | Not Available |
| Systematic Withdrawal Plan (SWP) | Available |
Investment Amount for the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend
| Minimum application amount | Rs.1,000 and in multiples of Re.1 subsequently |
| Minimum additional investment | Rs.1,000 and in multiples of Re.1 subsequently |
| Minimum instalment for Systematic Investment Plan (SIP) |
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| Minimum instalment for Systematic Withdrawal Plan (SWP) |
|
| Minimum instalment for Systematic Transfer Plan (STP) | N/A |
| Entry Load | N/A |
| Exit Load |
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There is no need for a minimum balance to be maintained for the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme.
Asset Allocation for the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend
The asset allocation will have 2 different considerations:
- Under normal circumstances:
| Type of security | Indicative Allocations (percentage of total assets) | Risk Profile | |
| Minimum | Maximum | High/Medium/Low | |
Equity and instruments related to equity:
|
65% 40% 5% | 85% 60% 25% | High High Medium to High |
| Debt and money market securities | 15% | 35% | Low to Medium |
| Units which are issued by REITs and InvITs | 0% | 10% | - |
- In case debt and money market securities offer better returns:
| Type of security | Indicative Allocations (percentage of total assets) | Risk Profile | |
| Minimum | Maximum | High/Medium/Low | |
Equity and instruments related to equity:
|
45% 40% 0% | 65% 60% 5% | High High Medium to High |
| Debt and money market securities | 35% | 55% | Low to Medium |
| Units which are issued by REITs and InvITs | 0% | 10% | - |
NAV Disclosure and Benchmark for the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend
The Net Asset Value or NAV of each unit under the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is calculated by finding out the quotient of the net assets of the scheme and the number of outstanding units on the day when the value is calculated. This valuation is usually done on the basis of the terms which is prescribed in Schedule VIII of the SEBI (MF) Regulations.
The NAV is calculated up to 4 decimal places.
The benchmark of the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme: Composite benchmark: 55% Nifty Index + 30% Crisil Composite Bond Fund Index + 15% Crisil Liquid Fund Index.
Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend Fund Manager
The Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is managed by:
- Mr. Rahul Pal
- Mr. Ratish Varier
Both the fund managers have been managing the fund since 1 February 2017.
Why should you invest in Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend?
The Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is offered by Mahindra Mutual Fund which is a reputed organisation. It is one of the most reliable fund houses in India. It offers a number of financial products as per the varied investment requirement of different types of investors. If the main objective of investment of an individual is to generate long-term capital gains, then the Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend scheme is one of the best options to invest in.
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