Mahindra Mutual Fund Kar Bachat Yojana Regular Plan - Growth

Category: Equity: ELSS
Launch Date: 05-10-2016
Asset Class: Equity
Benchmark: Nifty 200 TRI
Expense Ratio: 2.42% As on (31-08-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 352.18 Cr As on (30-09-2019)
Turn over: 73% | Exit Load: 0.00% - 0 day

11.4053

4.4%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty 200 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.

Current Asset Allocation (%)

Indicators

Volatility 5.35
Sharp Ratio 2.96
Alpha
Beta
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Mahindra Mutual Fund Kar Bachat Yojana Regular Plan - Growth 05-10-2016 4.31 -2.01 - - -
JM Tax Gain Fund - Growth option 31-03-2008 17.99 4.93 10.53 11.65 9.87
Axis Long Term Equity Fund - Growth 29-12-2009 16.53 8.73 12.37 13.11 -
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 15.09 2.28 7.93 8.99 12.0
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 14.89 3.32 8.2 11.52 12.95
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 12.94 2.25 8.53 12.49 -
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 12.59 6.08 9.31 9.86 9.37
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 11.15 7.04 9.58 9.17 12.02
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 10.81 1.28 9.15 - -
Kotak Tax Saver-Scheme-Growth 23-11-2005 10.56 3.02 7.83 10.78 10.22

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

2.63%

Others

11.48%

Large Cap

66.26%

Mid Cap

19.63%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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