Mutual Fund

Here are the details for the Mahindra Manulife Focused Fund:

Description: The investment objective of the scheme is to generate long-term capital appreciation by investing in a concentrated portfolio of equity and equity-related instruments of up to 30 companies across market capitalizations. However, there is no assurance that the investment objective of the scheme will be achieved.

Asset Class: Equity

Asset Sub-Class: Focused Fund (Multi Cap)

Performance & Returns:

• Return Rate:

  • 1-Year: 13.08% (Regular Plan), 14.94% (Direct Plan)
  • 3-Year: 18.08% (Regular Plan), 20.23% (Direct Plan)
  • Since Inception: 24.47% (Regular Plan), 26.89% (Direct Plan)

• CAGR (Compound Annual Growth Rate):

  • 3-Year: 18.08% (Regular Plan), 20.23% (Direct Plan)
  • Since Inception: 24.47% (Regular Plan), 26.89% (Direct Plan)

• XIRR (Extended Internal Rate of Return): Specific XIRR data is not available in the provided sources.

Expense Ratio:

• Regular Plan: 1.83%
• Direct Plan: 0.70%

Minimum Investment Amount:

• Lump Sum: ₹1,000 and in multiples of Re. 1 thereafter
• SIP (Systematic Investment Plan):
  • Weekly & Monthly SIP:
    • Minimum Amount: ₹500 and in multiples of Re. 1 thereafter
    • Minimum Installments: 6
  • Quarterly SIP:
    • Minimum Amount: ₹1,500 and in multiples of Re. 1 thereafter
    • Minimum Installments: 4

Lock-in Period: None

Exit Load:

• An exit load of 1% is payable if units are redeemed or switched out up to 3 months from the date of allotment.
• No exit load if units are redeemed or switched out after 3 months from the date of allotment.

Please note that mutual fund investments are subject to market risks, and past performance is not indicative of future results. It's advisable to consult with a financial advisor before making investment decisions.