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Mahindra Dhan Sanchay Equity Savings Yojana(D)-Direct Plan

Mahindra Dhan Sanchay Equity Savings Yojana(D)-Direct Plan
Dividend Yearly
0.06  (As on 27-03-2019)
Category
Equity - Others
52-week NAV high
11.75  (As on 16-04-2019)
52-week NAV low
10.73  (As on 26-10-2018)
Expense
0.62%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 1.46 3.99 6.93 4.09 6.39 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Feb 01, 2017
Last Dividend
0.06
Minimum Investment
1000

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
  • Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan
  • Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan
Options under each plan
  • Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Growth Plan
  • Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
  • Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth Plan
  • Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Dividend Plan
    • Dividend Payout Option
    • Dividend Reinvestment Option
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)
  • Monthly basis: Minimum amount: Rs.500 per instalment and in multiples of Re.1 subsequently Number of instalments: 6
  • Quarterly basis: Minimum amount: Rs.1,500 per instalment and in multiples of Re.1 subsequently Number of instalments: 4
Minimum instalment for Systematic Withdrawal Plan (SWP)
  • Monthly basis: Minimum amount: Rs.500 per instalment and in multiples of Re.1 subsequently Number of instalments: 2
  • Quarterly basis: Minimum amount: Rs.500 per instalment and in multiples of Re.1 subsequently Number of instalments: 2
Minimum instalment for Systematic Transfer Plan (STP) N/A
Entry Load N/A
Exit Load
  • In case of redemption of 10% of the units allotted on or before the completion of 12 months from the date on which the units are allotted: Nil
  • For redemption of more than 10% of the units allotted:
    • If units are redeemed or switched out on or before the completion of 12 months from the date on which the units are allotted: 1%
    • If units are redeemed or switched out after the completion of 12 months from the date on which the units are allotted: Nil

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:
  • Equity and other securities related to equity (unhedged) -
  • Equity, securities related to equity, and derivatives that include index futures, index options, stock futures, and stock opinions as a part of hedged or arbitrage exposure (hedged) -
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:
  • Equity and other securities related to equity (unhedged)
  • Equity, securities related to equity, and derivatives that include index futures, index options, stock futures, and stock opinions as a part of hedged or arbitrage exposure (hedged)
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:

  1. Mr. Rahul Pal
  2. 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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