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

Mahindra Dhan Sanchay Equity Savings Yojana(G)-Direct Plan
Dividend Yearly
NA
Category
Equity - Others
52-week NAV high
12.49  (As on 28-11-2019)
52-week NAV low
11.07  (As on 10-12-2018)
Expense
0.8%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.71 6.29 2.92 10.56 4.89 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Feb 01, 2017
Last Dividend
NA
Minimum Investment
1000

Mahindra Asset Management Company Pvt. Ltd., the investment manager of Mahindra Mutual Fund, is a fully owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). While Mahindra Asset Management Company was incorporated under the Companies Act, 1956, Mahindra Mutual Fund has been founded as a trust while following the guidelines mentioned in the Indian Trusts Act, 1882. With a trust deed that dates back to 29 September 2015, Mahindra Mutual Fund is registered with the Securities and Exchange Board of India (SEBI) under the registration code MF/069/16/01. The company strives to provide a plethora of options in terms of mutual fund schemes that are available across the length and breadth of India. However, Mahindra Mutual Fund emphasises on the economic development of the rural and semi-urban areas of the country.

Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth is an open-ended mutual fund scheme that is ideal for investors who are looking for long-term capital growth through investments in the debt and money market instruments, arbitrage opportunities, and equity and equity-related instruments. While investors can opt between the Regular and Direct Plan that is available under this scheme, they will also be able to choose from the Growth and Dividend options of the investment plan. Furthermore, this mutual fund provides the facility to select between the Dividend Payout and Dividend Reinvestment options.

Investment Objective of Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth

This scheme predominantly invests in equity and equity-related instruments, debt and money market instruments, and arbitrage opportunities to generate capital growth for the long term. However, it should be noted that the scheme doesn’t offer guaranteed returns.

Key Features of Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth

Before you decide to invest in this scheme, it is important to learn about its key features to check whether its investment objectives are in line with that of yours. Find out about some of the salient features of this scheme mentioned in the table below:

Type of fund An open-ended scheme that invests in equity, debt, and arbitrage
Plans available
  • Regular Plan
  • Direct Plan
Options under each plan
  • Growth
  • Dividend
    • Dividend Payout
    • Dividend Reinvestment
The default option for this scheme is Growth Option and the default facility under Dividend Option is Dividend Reinvestment.
Risk Moderately high
Systematic Investment Plan Available
Systematic Transfer Plan Not available
Systematic Withdrawal Plan Available

Investment Amount for Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth

Check out the various investment amount applicable to this scheme mentioned in the table below:

Minimum application amount Rs.1,000
Minimum installment for Systematic Investment Plan (SIP) Rs.500
Minimum installment for Systematic Withdrawal Plan (SWP) A minimum of 2 instalments of Rs.500 and in multiples of Re.1 afterwards
Entry Load Not applicable
Exit Load
  • If 10% of total units allotted or less are redeemed or switched out on or before 12 months - Nil
  • If more than 10% of total units allotted are redeemed or switched:
    • For redemption or switch-out done before 12 months from the date of allotment - 1%
    • For redemption or switch-out done after 12 months from the date of allotment - Nil

Asset Allocation for Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth Under normal circumstances, the asset allocation for this scheme will be as follows:

Instruments Allocations (Percentage of total assets) Risk Profile
Equity and equity-related securities of which 65% to 85% High
  • Equity and equity-related securities (unhedged)
40% to 60% High
  • Equities, equity-related securities and derivatives which includes index futures, index options, stock futures, stock options, etc. as part of hedged/arbitrage exposure (hedged)
5% to 25% Medium to high
Debt and money market securities 15% to 35% Low to medium
Units issued by REITs and InvITs 0% to 10% Medium to high

However, in case the debt and money market instruments under this scheme provide better returns as compared to the arbitrage opportunities in the cash and derivatives sector of equity markets, the asset allocation will be as follows:

Instruments Allocations (Percentage of total assets) Risk Profile
Equity and equity-related securities of which 45% to 65% High
  • Equity and equity-related securities (unhedged)
40% to 60% High
  • Equities, equity-related securities and derivatives which includes index futures, index options, stock futures, stock options, etc. as part of hedged/arbitrage exposure (hedged)
0% to 5% Medium to high
Debt and money market securities 35% to 55% Low to medium
Units issued by REITs and InvITs 0% to 10% Medium to high

NAV Disclosure and Benchmark for Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth

NAV - The Net Asset Value (NAV) of units under this scheme shall be calculated on each business day by the asset management company (AMC). This NAV will be updated on the official website of the AMC at www.mahindramutualfund.com along with the website of the Association of Mutual Funds in India (AMFI) at www.amfiindia.com by 9:00 p.m. of every working day. Furthermore, unitholders will also have the facility of receiving the updated NAVs through SMS on their registered mobile numbers. This feature can be availed by submitting a specific request to the AMC or to the registrar and transfer agent.

Liquidity - The subscription and redemption of units under this scheme are based on the ongoing NAV for the particular working day. The redemption proceeds for this fund should be dispatched by the asset management company within 10 days starting from the date of the redemption request made by the unitholder.

Benchmark Index - The Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth follows a composite benchmark index which comprises 55% of the Nifty Index, 30% of the Crisil Composite Bond Fund Index, and 15% of the Crisil Liquid Fund Index.

Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth Fund Manager

The Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth is managed by Mr. Rahul Pal and Mr. Ratish Varier who offer their years of knowledge and expertise to provide investors the best solution possible for the most optimum results while helping them achieve their investment objectives.

Why You Should Invest in Mahindra Dhan Sanchay Equity Savings Yojana - Direct Plan - Growth

There are several features of this scheme which make it one of the best investment options available in the market.

  • This scheme balances the risk of investing in the equity and equity-related instruments by making investments in debt and derivative securities.
  • Making investments in this scheme on a regular basis might allow investors to help realise their investment objective by generating capital appreciation in the long run.
  • This mutual fund offers individuals a flexible asset allocation feature for dynamic market scenarios.
  • This plan does not have a lock-in period.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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