NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mahindra Manulife Equity Savings Fund -IDCW Quarterly for NRI [14.03]

Min Investment

₹1,000

Fund Size

₹530.48 Cr

Expense Ratio

2.8%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹14.03

-0.34%

NAV as on 22 Jul 26, 12:00 AM

risk

equity savings fund

hybrid

NAV as on 22 Jul 26, 12:00 AM

risk

equity savings fund

hybrid

4.64%p.a.

Last 1Y

8.50%p.a.

Last 3Y

7.88%p.a.

Last 5Y

8.42%p.a.

Since Inception

About Mahindra Manulife Equity Savings Fund -IDCW Quarterly for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Equity Savings Fund -IDCW Quarterly scheme from Mahindra Manulife Investment Management Private Limited. It is a Equity Savings Fund mutual fund scheme that predominantly invests in Equity Savings Fund stocks of companies. Launched on Feb 2017, Mahindra Manulife Equity Savings Fund -IDCW Quarterly is Equity Savings Fund fund of its category with 530.48 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Equity Savings Fund funds.

  • Mahindra Manulife Equity Savings Fund -IDCW Quarterly delivered 4.6% annual returns during the last year. It has delivered 8.4% average annual returns since the fund was launched.
  • Mahindra Manulife Equity Savings Fund -IDCW Quarterly scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid

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 Moneymarket Instruments. However, There Can Be No Assurance That The Investment Objective Of The Scheme Will Be Achieved. The Scheme Does Not Assure Or Guarantee Any Returns.

Top 10 Holdings

Repo

1.89%

Net Receivables

30.20%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR-3 8.2 BD 16MR28 FVRS10LAC

0.96%

Embassy Office Parks REIT

1.12%

Brookfield India Real Estate Trust REIT

1.57%

TVS CREDIT SERVICES LIMITED 8.30 LOA 14SP25 FVRS10LAC

0.23%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.59 BD 10FB26 FVRS1LAC

0.90%

Nexus Select Trust

0.85%

GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100

0.57%

TVS CREDIT SERVICES LIMITED 9.30 NCD 27JU29 FVRS1CR

0.97%

Fund Managers

  1. Rahul Pal (Jan 2017 - Present)
  2. Manish Lodha (Dec 2020 - Present)
  3. Renjith Sivaram Radhakrishnan (Jul 2023 - Present)
  4. Navin Matta (Dec 2025 - Present)
  5. Kush Sonigara (Jan 2026 - Present)

Key Information

View Scheme Document

Mahindra Manulife Equity Savings Fund -IDCW Quarterly SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Mahindra Manulife Equity Savings Fund -IDCW Quarterly

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mahindra Manulife Equity Savings Fund -IDCW Quarterly?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mahindra Manulife Equity Savings Fund -IDCW Quarterly
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions

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Mahindra Manulife Mid Cap Fund -Growth

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20.7%