Mutual Fund

The Mahindra Manulife Multi Asset Allocation Fund is a hybrid mutual fund that seeks to generate long-term capital appreciation and income by investing across multiple asset classes, including equities, debt instruments, and commodities like gold and silver. Below are the key details of the fund:

Fund Overview:

• Description: An open-ended scheme investing in equity, debt, Gold/Silver ETFs, and Exchange Traded Commodity Derivatives (ETCDs).

• Asset Class: Hybrid

• Asset Sub-Class: Multi Asset Allocation

Performance Metrics:

• XIRR (Since Inception): 12.11%

• 1-Year Return: 12.12%

• 5-Year Return: Data not available (fund launched on March 13, 2024)

• CAGR (Since Inception): 12.11%

Fund Details:

• Expense Ratio: 0.39%

• Minimum Investment Amount:

  • Lump Sum: ₹1,000
  • SIP: ₹500

• Lock-in Period: None

• Exit Load: 0.5% if redeemed within 3 months

Asset Allocation:

• Equity: 49.58%

  • Large Cap Stocks: 32.06%
  • Mid Cap Stocks: 5.36%
  • Small Cap Stocks: 4.03%

• Debt: 25.15%

  • Government Securities: 12.32%
  • Low-Risk Securities: 12.83%

• Cash & Cash Equivalents: 5.3%

Top Holdings:

1. Nippon India Silver ETF: 10.18%
2. ICICI Prudential Gold ETF: 6.47%
3. 6.92% Government Stock 2039: 6.25%
4. Muthoot Finance Limited: 4.69%
5. National Bank for Agriculture and Rural Development (7.68%): 4.68%

Sector Allocation:

1. Financial Services: 28%
2. Consumer Cyclical: 14.1%
3. Basic Materials: 10%
4. Technology: 9.4%
5. Industrial: 9.1%

Fund Manager:

• Name: Rahul Pal
• Experience: Managing this fund since its inception on March 13, 2024

Additional Information:

<