Mahindra Manulife Manufacturing Fund Review 2024

Mahindra Manulife Manufacturing Fund Review 2024
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Mahindra Manulife Manufacturing Fund ReviewMahindra Manulife Manufacturing Fund Direct NFO Open on 31 May 2024 and Close on 14 June 2024. Mahindra Manulife Manufacturing Fund Direct NFO Allotment Date is 24 June 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount  is ₹1000. The Minimum SIP Investment Amount is ₹500.

 

Type of the Scheme

An open ended equity scheme following manufacturing theme.

Scheme Benchmark : S&P BSE India Manufacturing TRI (First Tier Benchmark).

Mahindra Manulife Manufacturing Fund Nfo Important Date

Scheme Offer Mahindra Manulife Manufacturing Fund
Offer Price Rs. 10/- per Unit
Type of Scheme An open ended equity scheme following manufacturing theme
Open Date 31 May 2024
Allotment Date 24 June 2024
Close Date 14 June 2024
Category Thematic
Min Inv ₹ 1000
Lock in Period N/A
Risk Very High
Scheme Benchmark S&P BSE India Manufacturing TRI (First Tier Benchmark)

 

Mahindra Manulife Manufacturing Fund Nfo Other Details

Exit Load 0.05%
Exit Load Details Exit load of 0.5%, if redeemed within 3 months.
Entry Load N/A
Stamp Duty 0.005%
Min. Investment Rs. 1000
Min. SIP Rs. 500

 

Mahindra Manulife Manufacturing Fund Asset Allocation

Instruments Allocation Min Allocation Max Risk Profile
Equity and Equity-related securities of companies engaged in manufacturing theme 80 100 Very High
Equity and Equity related instruments of companies other than above 0 20 Very High
Debt and Money Market Securities# (including TREPS (Tri-Party Repo) and Reverse Repo in Government Securities) 0 20 Low to Moderate
Units issued by REITs & InvITs 0 10 Very High

Investment Objective of the Scheme ? 

The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in
manufacturing theme. However, there is no assurance that the objective of the Scheme will be achieved.

 

Mahindra Manulife Manufacturing Fund Manager Details

  • Fund Manger :   Mr. Renjith Sivaram Radhakrishnan
  • Qualification  :  MBA (Finance) &, BTech (Mechanical Engineering)
  • Experience  :      Fund Manager & Research Analyst. – Mahindra Manulife Investment Management Pvt. Ltd. (‘MMIMPL’) (June 1, 2023 until date) • Analyst – Mahindra Manulife Investment Management Pvt. Ltd. (‘MMIMPL’) (December 6, 2021 to May 31, 2023) • Analyst – ICCI Securities (June 2017 to November
    2021) • Analyst – Antique Stock broking (January 2015 to 23rd June 2017) • Analyst – B&K Securities (January 2009 – January 2015).

 

  • Fund Manger :    Mr. Manish Lodha
  • Qualification  :    B.Com(H),CS,CA
  • Experience  :        • Fund Manager (Equity) – Mahindra Manulife Investment Management Pvt. Ltd. (‘MMIMPL’) (December 02, 2020 until date; • Asst. Fund Manager (Equity) – Canara HSBC OBC Life Insurance Co Ltd (October 2016 – December 2020); • Research Analyst (Equity) – Kotak Mahindra Mutual Fund (June 2005 – September 2016).

 

  • Fund Manger :    Mr. Pranav Nishith Patel 
  • Qualification  :    B.E.(I.T) & M.Sc
  • Experience  :      • Equity Fund Analyst, MMIMPL (April 2022 – until date). • Vice President, MSCI Services Pvt. Ltd. (May 2014 – April 2022). • Assistant Director, Federation of Chambers of Commerce and Industry, (FICCI) (May 2012 – May 2014). • Senior Systems Engineer, Infosys Ltd. (November 2006 – June 2010).

 

HOW WILL THE SCHEME ALLOCATE ITS ASSETS?

Subject to the Regulations, the corpus of the Scheme can be invested in any (but not exclusively) of the following securities as permitted by SEBI/ RBI from time to time.

 

Fund Manager Manages the Scheme? 

  1.  Mr. Renjith Sivaram Radhakrishnan
  2.  Mr. Manish Lodha
  3.  Mr. Pranav Nishith Patel 

 

Mahindra Manulife Manufacturing Fund Registrar

Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
Email: enq_h@camsonline.com
Website www.camsonline.com

 

Mahindra Manulife Manufacturing Fund Form Download

https://portal.amfiindia.com/spages/13934.pdf

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