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Fincash » Mutual Funds » Mahindra Mutual Fund Kar Bachat Yojana

Mahindra Mutual Fund Kar Bachat Yojana - G

NAV  ₹24.888 ↑ 0.06  (0.23 %) as on 23 Feb 24

Scheme Objective

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns.

Mahindra Mutual Fund Kar Bachat Yojana is a Equity - ELSS fund launched on 18 Oct 16. It is a fund with Moderately High risk and has given a CAGR return of 13.2% since its launch.  Return for 2023 was 25.8% , 2022 was 2% and 2021 was 39.4% .

Below is the key information for Mahindra Mutual Fund Kar Bachat Yojana

NAV as on 23 Feb 24₹24.888 ↑ 0.06  (0.23 %)
Net Assets (AUM) as on 31 Jan 2024 ₹781 Cr.
Launch Date18 Oct 2016
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMahindra Asset Management Company Pvt. Ltd.
Alpha Ratio1.9
Expense Ratio2.48 %
Sharpe Ratio2.025
Information Ratio0.22
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 3.7%
3 Month 11.3%
6 Month 14%
1 Year 31.6%
3 Year 19.3%
5 Year 18.2%
10 Year
15 Year
Since launch 13.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 25.8%
2022 2%
2021 39.4%
2020 14.1%
2019 4.5%
2018 -9.8%
2017 24.8%
2016
2015

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,778
31 Jan 21₹12,224
31 Jan 22₹17,078
31 Jan 23₹17,158
31 Jan 24₹22,524
Mahindra Mutual Fund Kar Bachat Yojana Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.49%
Equity99.51%
Mahindra Mutual Fund Kar Bachat Yojana Asset Allocation

Sector Allocation

SectorValue
Financial Services26.84%
Technology13.43%
Consumer Cyclical12.05%
Industrials11.85%
Basic Materials8.24%
Consumer Defensive7.56%
Energy6.31%
Health Care5.16%
Utility3.54%
Communication Services3.11%
Real Estate1.43%
Mahindra Mutual Fund Kar Bachat Yojana Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANK
Banks - Regional8%₹63 Cr367,876
↓ -13,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK
Banks - Regional7%₹55 Cr550,620
↑ 35,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹38 Cr148,154
Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY
Information Technology Services5%₹38 Cr243,807
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
Information Technology Services3%₹23 Cr60,651
↓ -4,635
NTPC Ltd (Utilities)
Equity, Since 28 Feb 21 | NTPC
Utilities - Regulated Electric2%₹18 Cr586,000
↓ -50,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR
Household & Personal Products2%₹17 Cr65,312
↑ 14,000
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | BRITANNIA
Packaged Foods2%₹17 Cr31,420
↑ 10,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBK
Banks - Regional2%₹16 Cr99,300
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | AXISBANK
Banks - Regional2%₹16 Cr142,131
↓ -55,000
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Fund Managers

NameSinceTenure
Manish Lodha21 Dec 203.11 Yr.
Fatema Pacha16 Oct 203.3 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Mahindra Manulife Mutual Fund1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli,,Mumbai 400018

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli
M/s. B. K. Khare and Co.706-708, Sharda Chambers, New Marine Lines

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mahindra Mutual Fund Kar Bachat Yojana
Growth
₹24.888
↑ 0.06
13.98 %31.61 %19.26 %18.18 %
Mahindra Mutual Fund Kar Bachat Yojana
Normal Dividend, Payout
₹18.1406
↑ 0.04
13.98 %30.96 %18.72 %17.86 %
Data as on 23 Feb 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.