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Fincash » Mutual Funds » Mahindra Mutual Fund Kar Bachat Yojana

Mahindra Mutual Fund Kar Bachat Yojana - G

NAV  ₹18.8777 ↑ 0.08  (0.41 %) as on 2 Feb 23

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 10.6% since its launch.  Return for 2022 was 2% , 2021 was 39.4% and 2020 was 14.1% .

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

NAV as on 2 Feb 23₹18.8777 ↑ 0.08  (0.41 %)
Net Assets (AUM) as on 31 Dec 2022 ₹524 Cr.
Launch Date18 Oct 2016
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMahindra Asset Management Company Pvt. Ltd.
Alpha Ratio-2.19
Expense Ratio2.38 %
Sharpe Ratio-0.107
Information Ratio0.04
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 2 Feb 23

DurationReturns
1 Month -2.3%
3 Month -1.8%
6 Month 1%
1 Year -1.7%
3 Year 17.9%
5 Year 9.5%
10 Year
15 Year
Since launch 10.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 2%
2021 39.4%
2020 14.1%
2019 4.5%
2018 -9.8%
2017 24.8%
2016
2015
2014

Growth of 10k Over Years

DateValue
31 Jan 18₹10,000
31 Jan 19₹8,889
31 Jan 20₹9,580
31 Jan 21₹10,866
31 Jan 22₹15,180
31 Jan 23₹15,251
Mahindra Mutual Fund Kar Bachat Yojana Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.17%
Equity98.83%
Mahindra Mutual Fund Kar Bachat Yojana Asset Allocation

Sector Allocation

SectorValue
Financial Services33.47%
Technology13.71%
Industrials12.21%
Consumer Cyclical11.53%
Basic Materials8.84%
Energy5.4%
Consumer Defensive4.81%
Health Care4.77%
Real Estate2.84%
Utility1.26%
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 - Regional10%₹51 Cr313,876
Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY
Information Technology Services8%₹43 Cr286,807
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK
Banks - Regional8%₹42 Cr472,120
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹28 Cr111,154
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | AXISBANK
Banks - Regional4%₹23 Cr249,631
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 21 | BAJFINANCE
Credit Services4%₹20 Cr31,000
↑ 4,000
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR
Household & Personal Products3%₹17 Cr68,112
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT
Engineering & Construction3%₹17 Cr83,542
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
Information Technology Services3%₹16 Cr49,286
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI
Auto Manufacturers2%₹12 Cr14,276
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Fund Managers

NameSinceTenure
Manish Lodha21 Dec 202.03 Yr.
Fatema Pacha16 Oct 202.21 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
₹18.8777
↑ 0.08
1 %-1.69 %17.85 %9.48 %
Mahindra Mutual Fund Kar Bachat Yojana
Normal Dividend, Payout
₹14.7677
↑ 0.06
1 %-2.1 %17.51 %9.29 %
Data as on 2 Feb 23

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