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Fincash » Mutual Funds » Mahindra Mutual Fund Kar Bachat Yojana

Mahindra Mutual Fund Kar Bachat Yojana - G

NAV  ₹27.2154 ↑ 0.13  (0.48 %) as on 14 Jun 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 13.9% 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 14 Jun 24₹27.2154 ↑ 0.13  (0.48 %)
Net Assets (AUM) as on 30 Apr 2024 ₹858 Cr.
Launch Date18 Oct 2016
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCMahindra Asset Management Company Pvt. Ltd.
Alpha Ratio-2.17
Expense Ratio2.48 %
Sharpe Ratio2.273
Information Ratio-0.12
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 14 Jun 24

DurationReturns
1 Month 6.4%
3 Month 11.4%
6 Month 15.7%
1 Year 32.1%
3 Year 18.2%
5 Year 18.7%
10 Year
15 Year
Since launch 13.9%

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 May 19₹10,000
31 May 20₹8,107
31 May 21₹13,647
31 May 22₹14,932
31 May 23₹17,025
31 May 24₹22,143
Mahindra Mutual Fund Kar Bachat Yojana Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.6%
Equity97.4%
Mahindra Mutual Fund Kar Bachat Yojana Asset Allocation

Sector Allocation

SectorValue
Financial Services27.19%
Industrials14.7%
Consumer Cyclical11.53%
Technology10.13%
Basic Materials7.51%
Consumer Defensive7.45%
Energy7.41%
Health Care4.22%
Utility3.54%
Communication Services2.84%
Real Estate0.88%
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%₹66 Cr431,876
↑ 44,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK
Banks - Regional7%₹62 Cr540,620
↓ -115,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE
Oil & Gas Refining & Marketing5%₹41 Cr140,154
Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY
Information Technology Services5%₹41 Cr285,807
↑ 17,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT
Engineering & Construction3%₹28 Cr78,571
State Bank of India (Financial Services)
Equity, Since 29 Feb 24 | SBIN
Banks - Regional3%₹25 Cr304,000
↑ 44,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS
Information Technology Services3%₹25 Cr65,651
IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBK
Banks - Regional3%₹25 Cr165,300
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 18 | MARUTI
Auto Manufacturers3%₹23 Cr18,076
NTPC Ltd (Utilities)
Equity, Since 28 Feb 21 | 532555
Utilities - Regulated Electric3%₹22 Cr596,000
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Fund Managers

NameSinceTenure
Manish Lodha21 Dec 203.36 Yr.
Fatema Pacha16 Oct 203.54 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
₹27.2154
↑ 0.13
15.7 %32.09 %18.16 %18.71 %
Mahindra Mutual Fund Kar Bachat Yojana
Normal Dividend, Payout
₹18.72
↑ 0.09
9.18 %24.65 %15.51 %17.02 %
Data as on 14 Jun 24

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