Mahindra Mutual Fund

Mahindra Asset Management Company Private Ltd. (MAMCPL) is established under the Companies Act, 1956. The company is the asset manager of Mahindra Mutual Fund, established as a trust under the Indian Trusts Act, 1882. It is registered with SEBUI under the registration number MF/069/16/01.
It offers several open-ended schemes that focus on long-term financial growth. The company also provides products that are specially aimed at rural markets.

Some of the mutual funds offered by Mahindra include:
I. Mahindra Hybrid Equity Nivesh Yojana
The Mahindra Hybrid Equity Nivesh Yojana is a hybrid fund that aims to generate income and long-term capital appreciation. The majority of equities are allocated to companies that have the potential to grow exponentially.
II. Mahindra Rural Bharat And Consumption Yojana
The Mahindra Rural Bharat And Consumption Yojana is an equity fund invests in equity and equity-related instruments of firms that contribute to the growth of rural India.
III. Mahindra Low Duration Bachat Yojana
IV. Mahindra Mutual Fund Kar Bachat Yojana
The Mahindra Mutual Fund Kar Bachat Yojana is an equity-linked savings scheme (ELSS) with a statutory lock in of 3 years. Investments in this scheme are subject to income tax exemptions under Section 80C of the Income Tax Act, 1961.
V. Mahindra Liquid Fund
The Mahindra Liquid Fund is a liquid scheme offering low risk and high liquidity. This scheme is beneficial for those looking to invest for 1 to 90 days.

MAMCPL is a wholly-owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). As of FY 2018-19, the company has a net worth of Rs. 10,908 Crore, total income of Rs. 8,809 Crore, and profit of Rs. 1,557 Crore. It has an asset under management of Rs. 67,078 Crore.

Key information

1. Mutual fund

a. Mahindra Mutual Fund

2. Asset management company

a. Mahindra Asset Management Company Private Limited (MAMCPL)

3. Set up

a. 4 February 2016

4. Incorporate

a. 20 June 2013

5. Sponsors

a. Mahindra and Mahindra Financial Services Ltd.

6. Trustee

a. Mahindra and Mahindra Financial Services Ltd.

7. Name of trustees

a. Mr. Manohar G. Bhide (Independent Director)

b. Mr. Narendra Mairpady (Independent Director)

c. Mr. Gautam G. Parekh (Independent Director)

d. Mr. Debabrata Bandyopadhyay (Independent Director)

8. MD and CEO

a. Mr. Ashutosh Bishnoi

9. CIO

a. Mr. Saravana Kumar

10. CFO and Executive Director

a. Mr. V. Ravi

11. Investor Service Officer

a. Mr. Sanjay DCunha

12. Compliance Officer

a. Mr. Ravi Dayma

How can you invest in Mahindra Mutual Funds?

Invest in the Mahindra Mutual fund is very easy and simple. You can do it by yourself by just sign up on Welathdirect.in website or you can call us, the best financial advisor in Delhi/NCR. Our consultant helps you in selecting the best fund as per your goals. Finacial consultant will helps you identify the best growing sectors in Indian economy that will lead you to get maximum returns with less risk factors associated. To connect with best financial advisors in India, please follow the steps below :

Step 1: Click on Sign Up link. Fill your information.
Step 2: Our executive will get in touch with to have one meeting on call or physical.
Step 3: Our experts will suggest you best funds based on the future goals you may have.
Step 4: Once done, you can check your portfolio directly from wealthdirect.in just by login with your credentials.

Top Fund Managers

1. Mr. Srinivasan Ramamurthy

Mr. Srinivasan Ramamurthy was an Associate Consultant in Oracle in 2002 where he designed and implemented of internal credit rating applications based on Basel II recommendations. He became a Consultant in KPMG in 2006 where he was responsible for managing a large foreign multinational bank entering India. In 2007, he joined Credit Suisse as a Sell-side Institutional Equities Analyst covering the Indian financial sector. He moved to IDBI Federal Life Insurance as a Fund Manager in 2012.
He has an Engineering degree from Jadavpur University and also holds an MBA degree from IIM Calcutta.

2. Mr. Rahul Pal

Mr. Rahul Pal was the Manager at IDBI Bank in 2001. In 2004, he joined Sundaram BNP Paribas Mutual Fund as the Vice President and Fund Manager of Fixed Income. He joined Taurus Mutual Fund in 2010 as the Head of Fixed Income.
Mr. Pal became the Head of Fixed Income at Mahindra Asset Management Company Private Ltd. in 2015.

3. Mr. V. Balasubramanian

He holds an M.Com degree and is also a Certified Associate of the Indian Institute of Bankers.

Mahindra Unnati Emerging Business Yojana Growth

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.42% returns in the last 1 year.

Mahindra Mutual Fund Kar Bachat Yojana Growth

Fund Objective: The investment objective of the Scheme is to generate long – term capital appreciation through a diversified portfolio of equity and equity related securities.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.51% returns in the last 1 year.

Mahindra Dhan Sanchay Equity Savings Yojana Growth

Fund Objective: The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 2.54% returns in the last 1 year.

Mahindra Mutual Fund Badhat Yojana Growth

Fund Objective: The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives.