Mahindra Mutual Fund launches Mahindra Rural Bharat and Consumption Yojana

Mutual Fund
Oct 22, 2018 by Advisorkhoj Team | Mutual Fund | 2 Downloaded

NFO period: 22nd October – 02nd November, 2018

Highlights of the NFO:

  • Scheme type – An open ended equity scheme following Rural India theme

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – This product is suitable for investors who are seeking long term capital appreciation; by investing predominantly in equity and equity related securities including derivatives of entities engaged in and/ or expected to benefit from the growth in rural India.

  • Minimum Application Amount – First investment is Rs. 1,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Dividend Option. Dividend Option will have Dividend Payout and Dividend Reinvestment facility.

  • Fund Managers – Mr. V. Balasubramanian

  • Benchmark – Nifty 200 Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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