Mahindra Dhan Sanchay Equity Savings Yojana-Reg(D)

Mahindra Dhan Sanchay Equity Savings Yojana-Reg(D)
Dividend Yearly
0.07  (As on 05-08-2019)
Category
Equity - Others
52-week NAV high
11.78  (As on 28-11-2019)
52-week NAV low
10.61  (As on 10-12-2018)
Expense
2.4%  (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 0.58 5.86 1.99 8.59 2.78 - - - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Feb 01, 2017
Last Dividend
0.07
Minimum Investment
1000

The Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend is an open-ended scheme offered by Mahindra Mutual Fund. This scheme invests in equity, debt, and arbitrage securities. In the regular plan of this scheme, a commission is paid to an intermediary. This is paid for by the investor through the expense ratio. The dividend fund option provides a steady income with a good level of appreciation as well.

Investment Objective of Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend

The objective is to offer investors capital appreciation over the long term. It also aims to provide income through investments in debt and money market instruments, equity and related instruments, and arbitrage opportunities.

Key Features of Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend

The fund is ideal for those planning long-term financial goals. Some of the key features are:

Type of fund

Open-ended diversified equity fund

Plans available

Regular and Direct

Options under each plan

Both plans offer the Growth and Dividend options.

The Dividend option offers:

  • Dividend Payout
  • Dividend Reinvestment facility

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 -Regular Plan -Dividend

Minimum application amount

Rs.1,000 and subsequently multiples of Re.1

Minimum additional investment

Rs.1,000 and subsequently multiples of Re.1

Minimum installment for Systematic Investment Plan (SIP)

Monthly - 6 installments of Rs.500 each and in multiples of Re.1 thereafter

Quarterly - 4 installments of Rs.1500 each and in multiples of Re.1 thereafter

Minimum installment for Systematic Withdrawal Plan (SWP)

Monthly - 2 installments of Rs.500 each followed by Re.1 multiples after

Quarterly - 2 installments of Rs.500 each followed by Re.1 multiples after

Entry Load

Not applicable

Exit Load

If redeemed on or before 12 months is completed from the date of the unit allotment, 10% of the units can be redeemed without exit load. Exit load of 1% is payable when the units are redeemed or switched out if it is on or before 12 months are completed from the unit allotment date.

If the units are redeemed after the completion of 12 months from the date units are allotted, then exit load is nil.

No minimum balance to be maintained.

Asset Allocation for Mahindra Dhan Sanchay Equity Savings Yojana -Regular Plan -Dividend

Instruments

Indicative Allocation Percentage of assets

Risk Profile

Minimum

Maximum

Equity and related securities of which

65%

85%

High

  1. Equity and related securities (unhedged)

40%

60%

High

2) Equities, related securities, and derivatives

5%

25%

Medium to High

Debt and money market securities

15%

35%

Low to Medium

Units issued by InvITs and REIT

0%

10%

NAV Disclosure and Benchmark for Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend

NAV Disclosure: The NAV for each option is calculated by dividing the scheme’s net assets by the number of outstanding units at the end of valuation day. A separate NAV will be calculated for each option or plan. The scheme’s NAV will be calculated and disclosed on a daily basis on all business days.

Liquidity: Units can be subscribed to and redeemed at prices based on NAV on all business days.

Composite Benchmark Index: 55% Nifty Index + 30% Crisil Composite Bond Fund Index + 15% Crisil Liquid Fund Index

Mahindra Dhan Sanchay Equity Savings Yojana Fund Manager

The fund is managed by Mr. Rahul Pal and Mr. Ratish Varier

Mr. Rahul Pal has been managing the scheme since 2017. He is the head of fixed income, Mahindra Asset Management Co. Pvt. Ltd. The other schemes managed by him are the Mahindra Liquid Fund and the Mahindra Low Duration Bachat Yojana.

Mr. Ratish Varier has been managing the scheme since 2017. He is the fund manager for equity, Mahindra Asset Management Co. Pvt. Ltd. The other schemes managed by him are Mahindra Mutual Fund Kar Bachat Yojana and Mahindra Mutual Fund Badhat Yojana.

Why you should Invest in Mahindra Dhan Sanchay Equity Savings Yojana - Regular Plan - Dividend

  • Ideal for those who have less experience, knowledge, or time to invest directly in mutual funds. In the regular plan, the distributor or advisor makes well-informed decisions and invests on your behalf.
  • Investors get a steady flow of income because of the dividend option, but combined with a good amount of capital appreciation.

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