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
₹19.02
-2.56%
NAV as on 16 Jan 25, 12:00 AM
very high risk
focused fund
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
focused fund
equity
21.41%p.a.
Last 1Y
19.56%p.a.
Last 3Y
0.00%p.a.
Last 5Y
26.43%p.a.
Since Inception
About Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Nov 2020, Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl is Focused Fund fund of its category with 1,879.96 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl delivered 21.4% annual returns during the last year. It has delivered 26.4% average annual returns since the fund was launched.
- Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
9.08%
Reliance Industries Ltd
6.70%
ICICI Bank Ltd
5.79%
State Bank of India
5.58%
Infosys Ltd
4.85%
ITC Ltd
4.82%
Grasim Industries Ltd
4.62%
Kotak Mahindra Bank Ltd
3.99%
Hindustan Unilever Ltd
3.98%
Indus Towers Ltd Ordinary Shares
3.27%
Fund Managers
- Krishna Sanghavi (Nov 2020 - Present)
- Fatema Pacha (Dec 2020 - Present)
Key Information
View Scheme Document
Mahindra Manulife Focused Fund Reinvestment of Income Dis cum Cptl Wdrl 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 Focused Fund Reinvestment of Income Dis cum Cptl Wdrl
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 Focused Fund Reinvestment of Income Dis cum Cptl Wdrl?
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 Focused Fund Reinvestment of Income Dis cum Cptl Wdrl
- 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
Similar Funds
Funds
3Y Return
SBI Focused Equity Fund Reinvestment Inc Dist cum Cap Wdrl
very high risk | equity
10.0%
SBI Focused Equity Fund Growth
very high risk | equity
10.0%
HDFC Focused 30 Fund Growth
very high risk | equity
24.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved