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Fincash » Mutual Funds » Mahindra Mutual Fund Kar Bachat Yojana

Mahindra Mutual Fund Kar Bachat Yojana - G

NAV  ₹24.8758 ↑ 0.22  (0.88 %) as on 28 Mar 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% 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 28 Mar 24₹24.8758 ↑ 0.22  (0.88 %)
Net Assets (AUM) as on 29 Feb 2024 ₹790 Cr.
Launch Date18 Oct 2016
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMahindra Asset Management Company Pvt. Ltd.
Alpha Ratio-4.07
Expense Ratio2.48 %
Sharpe Ratio2.07
Information Ratio-0.1
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 28 Mar 24

DurationReturns
1 Month 1.3%
3 Month 3%
6 Month 11.7%
1 Year 36.6%
3 Year 19.1%
5 Year 16.7%
10 Year
15 Year
Since launch 13%

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
28 Feb 19₹10,000
29 Feb 20₹10,358
28 Feb 21₹13,406
28 Feb 22₹16,494
28 Feb 23₹17,177
29 Feb 24₹22,626
Mahindra Mutual Fund Kar Bachat Yojana Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.18%
Equity98.82%
Mahindra Mutual Fund Kar Bachat Yojana Asset Allocation

Sector Allocation

SectorValue
Financial Services25.74%
Technology13.58%
Consumer Cyclical12.68%
Industrials12.58%
Energy8.03%
Consumer Defensive7.1%
Basic Materials6.55%
Health Care5.33%
Utility2.91%
Communication Services2.8%
Real Estate1.53%
Mahindra Mutual Fund Kar Bachat Yojana Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK
Banks - Regional9%₹69 Cr655,620
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANK
Banks - Regional7%₹54 Cr387,876
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹43 Cr148,154
Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY
Information Technology Services5%₹41 Cr243,807
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
Information Technology Services3%₹25 Cr60,651
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT
Engineering & Construction3%₹21 Cr61,571
↑ 23,000
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI
Auto Manufacturers3%₹20 Cr18,076
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBK
Banks - Regional2%₹18 Cr124,300
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | 500034
Credit Services2%₹17 Cr26,200
Voltas Ltd (Industrials)
Equity, Since 31 Aug 23 | VOLTAS
Specialty Industrial Machinery2%₹16 Cr141,000
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Fund Managers

NameSinceTenure
Manish Lodha21 Dec 203.19 Yr.
Fatema Pacha16 Oct 203.38 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
₹24.8758
↑ 0.22
11.73 %36.61 %19.11 %16.75 %
Mahindra Mutual Fund Kar Bachat Yojana
Normal Dividend, Payout
₹17.1108
↑ 0.15
5.44 %28.92 %16.44 %15.09 %
Data as on 28 Mar 24

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