Dezerv

Fund Overview

Fund Size

Fund Size

₹310 Cr

Expense Ratio

Expense Ratio

2.04%

ISIN

ISIN

INF174V01BT8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

13 Mar 2024

About this fund

This fund has been in existence for 3 months and 5 days, having been launched on 13-Mar-24.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹10.81, Assets Under Management (AUM) of 309.84 Crores, and an expense ratio of 2.04%.
  • Mahindra Manulife Multi Asset Allocation Fund Regular Growth has given a CAGR return of 8.06% since inception.
  • The fund's asset allocation comprises around 44.55% in equities, 31.94% in debts, and 6.72% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Multi Asset Allocation Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+8.06%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity138.03 Cr44.55%
Debt98.97 Cr31.94%
Others72.84 Cr23.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2037Bond - Gov't/Treasury30.27 Cr9.77%
ICICI Pru Gold ETFMutual Fund - ETF28.27 Cr9.12%
Nippon India Silver ETFMutual Fund - ETF24.79 Cr8.00%
Triparty RepoCash - Repurchase Agreement21.06 Cr6.80%
7.32% Govt Stock 2030Bond - Gov't/Treasury16.22 Cr5.23%
Kotak Mahindra Investments Limited 8.3721%Bond - Corporate Bond10.08 Cr3.25%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt10.01 Cr3.23%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond9.95 Cr3.21%
Brookfield India Real Estate TrustBond - Asset Backed7.42 Cr2.39%
ICICI Bank LtdEquity6.12 Cr1.98%
Larsen & Toubro LtdEquity5.56 Cr1.79%
State Bank of IndiaEquity5.48 Cr1.77%
NTPC LtdEquity5.22 Cr1.68%
7.18% Govt Stock 2033Bond - Gov't/Treasury5.04 Cr1.63%
Godrej Industries LimitedBond - Corporate Bond5 Cr1.61%
Bharti Telecom LimitedBond - Corporate Bond4.99 Cr1.61%
ITC LtdEquity4.37 Cr1.41%
Divi's Laboratories LtdEquity4.31 Cr1.39%
Emami LtdEquity4.03 Cr1.30%
IndusInd Bank LtdEquity3.89 Cr1.25%
Hindustan Petroleum Corp LtdEquity3.18 Cr1.02%
Aditya Vision LtdEquity3.11 Cr1.00%
Bharat Forge LtdEquity3.09 Cr1.00%
Infosys LtdEquity3.08 Cr0.99%
Canara BankEquity3.07 Cr0.99%
Bharti Hexacom LtdEquity2.97 Cr0.96%
REC LtdEquity2.9 Cr0.94%
Hindalco Industries LtdEquity2.88 Cr0.93%
Coromandel International LtdEquity2.87 Cr0.93%
Coal India LtdEquity2.74 Cr0.88%
Hero MotoCorp LtdEquity2.61 Cr0.84%
Tata Steel LtdEquity2.6 Cr0.84%
HDFC Bank LtdEquity2.59 Cr0.83%
Oil India LtdEquity2.56 Cr0.83%
Tech Mahindra LtdEquity2.53 Cr0.82%
Reliance Industries LtdEquity2.51 Cr0.81%
Maruti Suzuki India LtdEquity2.5 Cr0.81%
Tata Consumer Products LtdEquity2.48 Cr0.80%
PNC Infratech LtdEquity2.33 Cr0.75%
L&T Finance LtdEquity2.31 Cr0.75%
Kotak Mahindra Bank LtdEquity2.31 Cr0.75%
Voltas LtdEquity2.2 Cr0.71%
JK Cement LtdEquity2.16 Cr0.70%
ISGEC Heavy Engineering LtdEquity2.1 Cr0.68%
Syrma SGS Technology LtdEquity2.03 Cr0.66%
Kirloskar Brothers LtdEquity1.88 Cr0.61%
SBI Life Insurance Company LimitedEquity1.82 Cr0.59%
Indraprastha Gas LtdEquity1.77 Cr0.57%
Dabur India LtdEquity1.74 Cr0.56%
Triveni Engineering & Industries LtdEquity1.73 Cr0.56%
TD Power Systems LtdEquity1.71 Cr0.55%
Archean Chemical Industries LtdEquity1.71 Cr0.55%
Carborundum Universal LtdEquity1.7 Cr0.55%
Nitin Spinners LtdEquity1.67 Cr0.54%
Shree Cement LtdEquity1.63 Cr0.52%
Gujarat State Petronet LtdEquity1.58 Cr0.51%
Escorts Kubota LtdEquity1.55 Cr0.50%
Wipro LtdEquity1.53 Cr0.49%
Indus Towers Ltd Ordinary SharesEquity1.52 Cr0.49%
Petronet LNG LtdEquity1.49 Cr0.48%
L.G.Balakrishnan & Bros LtdEquity1.47 Cr0.47%
Ratnamani Metals & Tubes LtdEquity1.46 Cr0.47%
CESC LtdEquity1.4 Cr0.45%
S.P. Apparels LtdEquity1.38 Cr0.44%
Cyient LtdEquity1.35 Cr0.44%
Net Receivables / (Payables)Cash-1.27 Cr0.41%
Grasim Industries LtdEquity1.24 Cr0.40%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services30.49 Cr9.84%
Industrials20.39 Cr6.58%
Basic Materials16.55 Cr5.34%
Consumer Cyclical15.84 Cr5.11%
Consumer Defensive14.35 Cr4.63%
Energy12.47 Cr4.02%
Utilities9.96 Cr3.22%
Technology9.18 Cr2.96%
Communication Services4.49 Cr1.45%
Healthcare4.31 Cr1.39%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

RP

Rahul Pal

Since March 2024

RR

Renjith Radhakrishnan

Since March 2024

PP

Pranav Patel

Since March 2024

Additional Scheme Detailsas of 31st May 2024

ISININF174V01BT8Expense Ratio2.04%Exit LoadNo ChargesFund Size₹310 CrAge13 Mar 2024Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Composite Bond TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Multi Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹3370.93 Cr25.4%
Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹3370.93 Cr27.4%
Nippon India Multi Asset fund Direct Growth

Very High Risk

0.3%1.0%₹3313.76 Cr34.7%
Nippon India Multi Asset fund Regular Growth

Very High Risk

1.6%1.0%₹3313.76 Cr33.0%
SBI Multi Asset Allocation Fund Regular Growth

High Risk

1.5%1.0%₹4943.46 Cr28.7%
Quant Multi Asset Fund Regular Growth

Very High Risk

1.9%1.0%₹2400.49 Cr49.5%
UTI Multi Asset Fund Regular Growth

High Risk

2.0%1.0%₹2026.51 Cr37.6%
ICICI Prudential Multi-Asset Fund Regular Growth

Very High Risk

1.5%1.0%₹41159.52 Cr33.2%
HDFC Multi - Asset Fund Regular Growth

High Risk

2.0%1.0%₹2897.11 Cr23.5%
Motilal Oswal Multi Asset Fund Direct Growth

High Risk

0.9%1.0%₹98.52 Cr17.1%

Risk Level

Your principal amount will be at High Risk

High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mahindra Manulife Multi Asset Allocation Fund Regular Growth, as of 14-Jun-2024, is ₹10.81.
The fund's allocation of assets is distributed as 44.55% in equities, 31.94% in bonds, and 6.72% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Multi Asset Allocation Fund Regular Growth are:-
  1. Rahul Pal
  2. Renjith Radhakrishnan
  3. Pranav Patel