Mahindra Manulife Rural Bharat and Consumption Yojana

An open ended equity scheme following Rural India theme

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Equity

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
Exit Load 1 Yr1% *
*» An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 12 months from the date of allotment of Units;

» Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units.

Fund Manager : Mr. V. Balasubramanian

Total Experience: Collectively over 38 years of work experience of which around 20 years have been in the Mutual Fund Industry and 8 years in Treasury function of nationalised bank

Experience in managing this fund : Managing since November 13, 2018

Fund Manager : Mr. Manish Lodha

Total Experience: Combined work experience of over 20 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

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This Product is Suitable for investors who are seeking*

  • Long term capital appreciation;
  • Investment predominantly in equity and equity related securities including derivatives of entities engaged in and/or expected to benefit from the growth in rural India.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

The investment objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Performance:
Mahindra Manulife Rural Bharat and Consumption Yojana CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 31, 2021)
Managed by Mr. V. Balasubramanian () and Ms. Fatema Pacha 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Mahindra Manulife Rural Bharat and Consumption Yojana- Reg - Growth 43.61 N/A N/A 11.28 14360.8384 N/A N/A 13531.5 13.5315
Mahindra Manulife Rural Bharat and Consumption Yojana- Dir - Growth 45.89 N/A N/A 13.25 14589.1465 N/A N/A 14221.5 14.2215
Nifty 50 Index TRI^^ 52.24 N/A N/A 20.09 15223.8383 N/A N/A 16738.8367 24525.71
Nifty India Consumption TRI^ # 38.57 N/A N/A 16.02 13856.6151 N/A N/A 15173.5086 8368.19

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 13-Nov-18.#The Benchmark of Mahindra Manulife Rural Bharat & Consumption Yojana has been changed from Nifty 200 Index TRI to Nifty India Consumption Index TRI with effect from August 27, 2021Past 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. Mr. V Balasubramanian is managing the scheme since November 13, 2018 and he manages 5 schemes of Mahindra Manulife Mutual Fund. Ms. Fatema Pacha is managing this scheme since December 21, 2020 and she manages 8 schemes of Mahindra Manulife Mutual Fund.*Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.

For performance of other schemes managed by Mr. V. Balasubramanian click here

For performance of other schemes managed by Ms. Fatema Pacha click here

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