NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹14.06
-0.51%
NAV as on 16 Jan 25, 12:00 AM
moderate risk
equity savings
equity
NAV as on 16 Jan 25, 12:00 AM
moderate risk
equity savings
equity
8.29%p.a.
Last 1Y
8.09%p.a.
Last 3Y
10.43%p.a.
Last 5Y
9.23%p.a.
Since Inception
About Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Feb 2017, Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl is Equity Savings fund of its category with 580.13 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl delivered 8.3% annual returns during the last year. It has delivered 9.2% average annual returns since the fund was launched.
- Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
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. 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
Future on Ambuja Cements Ltd
4.98%
Ambuja Cements Ltd
4.95%
HDFC Bank Ltd
4.42%
Hdfc Bank Limited December 2024 Future
3.30%
ICICI Bank Ltd
3.23%
Reliance Industries Ltd
3.19%
7.32% Govt Stock 2030
3.19%
Future on Bajaj Finance Ltd
2.88%
Bajaj Finance Ltd
2.86%
ITC Ltd
2.84%
Fund Managers
- Rahul Pal (Feb 2017 - Present)
- Manish Lodha (Dec 2020 - Present)
- Renjith Radhakrishnan (Jul 2023 - Present)
- Pranav Patel (Jan 2024 - Present)
Key Information
View Scheme Document
Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl SIP Calculator
If invested
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 Reinvestment of Inc Dis cumCptlWdrl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mahindra Manulife Equity Savings Fund Reinvestment of Inc Dis cumCptlWdrl?
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 Reinvestment of Inc Dis cumCptlWdrl
- 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
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3Y Return
ICICI Prudential Equity Savings Fund Quarterly Reinvestment Inc Dist cum Cap Wdrl
moderate risk | hybrid (nc)
8.1%
ICICI Prudential Equity Savings Fund Growth
moderate risk | hybrid (nc)
8.6%
Kotak Equity Savings Fund Monthly Reinvestment of Income Distribution cum Cap Wdrl
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11.4%
Frequently Asked Questions
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