Fincash » Mutual Funds » Mahindra Mutual Fund Kar Bachat Yojana
Table of Contents 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 Below is the key information for Mahindra Mutual Fund Kar Bachat Yojana Returns up to 1 year are on Historical performance (Yearly) on absolute basis Mahindra Mutual Fund Kar Bachat Yojana - G
Scheme Objective
CAGR
return of 13% since its launch. Return for 2023 was 25.8% , 2022 was 2% and 2021 was 39.4% . NAV as on 28 Mar 24 ₹24.8758 ↑ 0.22 (0.88 %) Net Assets (AUM) as on 29 Feb 2024 ₹790 Cr. Launch Date 18 Oct 2016 Category Equity - ELSS Rating Type Open Ended Fund Risk Moderately High AMC Mahindra Asset Management Company Pvt. Ltd. Alpha Ratio -4.07 Expense Ratio 2.48 % Sharpe Ratio 2.07 Information Ratio -0.1 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 28 Mar 24 Duration Returns 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
Year Returns 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
Date Value 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 Asset Allocation
Asset Class Value Cash 1.18% Equity 98.82% Sector Allocation
Sector Value Financial Services 25.74% Technology 13.58% Consumer Cyclical 12.68% Industrials 12.58% Energy 8.03% Consumer Defensive 7.1% Basic Materials 6.55% Health Care 5.33% Utility 2.91% Communication Services 2.8% Real Estate 1.53% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANKBanks - Regional 9% ₹69 Cr 655,620 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANKBanks - Regional 7% ₹54 Cr 387,876 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCEOil & Gas Refining & Marketing 5% ₹43 Cr 148,154 Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFYInformation Technology Services 5% ₹41 Cr 243,807 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCSInformation Technology Services 3% ₹25 Cr 60,651 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LTEngineering & Construction 3% ₹21 Cr 61,571
↑ 23,000 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTIAuto Manufacturers 3% ₹20 Cr 18,076 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBKBanks - Regional 2% ₹18 Cr 124,300 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | 500034Credit Services 2% ₹17 Cr 26,200 Voltas Ltd (Industrials)
Equity, Since 31 Aug 23 | VOLTASSpecialty Industrial Machinery 2% ₹16 Cr 141,000
Talk to our investment specialistFund Managers
Name Since Tenure Manish Lodha 21 Dec 20 3.19 Yr. Fatema Pacha 16 Oct 20 3.38 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address Mahindra Manulife Mutual Fund 1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli,,Mumbai 400018 Auditors
Company Address Deloitte Haskins & Sells LLP 12, 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 Plan NAV 6 Month 1 Year 3 Year 5 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