Mahindra Manulife Equity Savings Fund- Regular Growth

An open ended scheme investing in equity, arbitrage and debt

Type : Mutual Fund

Asset Class : Hybrid

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit Load 1 Yr10% *
*10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 calendar days from the date of allotment of Units.

Any redemption in excess of the above limit shall be subject to the following exit load:
» An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 15 calendar days from the date of allotment of Units;
» Nil - If Units are redeemed / switched-out after completion of 15 calendar days from the date of allotment of Units.

Fund Manager (Equity) : Mr. Manish Lodha

Total Experience: Combined work experience of over 22 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 21, 2020

Fund Manager : Mr. Renjith Sivaram

Total Experience: 14 years of experience in the field of equity research.

Experience in managing this fund : Managing since July 3, 2023

Fund Manager (Debt) : Mr. Rahul Pal

Total Experience: Collectively over 21 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since February 1, 2017

Fund Manager : Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments)

Total Experience: Collectively over 12 years of experience in the field of ESG and Sustainability.

Experience in managing this fund : Managing since January 5, 2024

This Product is Suitable for investors who are seeking*

  • Long term capital appreciation and generation of income
  • Investment in equity and equity related instruments, arbitrage opportunities and debt and money market instruments.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mahindra Manulife- Scheme Risko Meter Moderately High

Mahindra Manulife Equity Savings Fund

Investors Understands that their principal will be at Moderately High risk

Mahindra Manulife- Benchmark Risko Meter Moderate

Nifty Equity Savings Index TRI

  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Product Benefits:

  • Flexible Asset Allocation Feature in dynamic market scenarios
  • Balances the risk of equity with investments in debt and derivative securities
  • Regular investments in the scheme may let you accumulate wealth to realise your dreams .

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Equity Savings Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Jan 31, 2024)
Managed by Mr. Manish Lodha (Equity) and Mr. Renjith Sivaram () and Mr. Rahul Pal (Debt) and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments) () 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 17.55 11.51 11.36 9.18 11,755 13,875 17,131 18,488 18.4881
Direct Plan - Growth Option 19.54 13.51 13.29 11.23 11,954 14,636 18,664 21,061 21.0608
Nifty Equity Savings Index TRI^ 13.69 10.06 10.03 9.55 11,369 13,337 16,132 18,932 5506.72
CRISIL 10 Yr Gilt Index^^ 8.25 3.38 5.98 4.92 10,825 11,052 13,370 13,994 4477.17

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 1-Feb-17. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Pursuant to change in Fund Management Responsibilities, the scheme shall be managed by Mr. Manish Lodha, Mr. Renjith Sivaram, Mr. Rahul Pal and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investment) effective January 5, 2024.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.