Mahindra Manulife Consumption Fund- Regular Plan - Growth

Mahindra Manulife Consumption Fund- Regular Plan - Growth is a scheme launched by Mahindra Mutual Fund on November 13, 2018, and falls under the Consumption fund category. It currently manages an AUM of Rs 529.25 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 2.37% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India.

• Performance:

  Mahindra Manulife Consumption Fund- Regular Plan - Growth trailing returns over different times are -6.01% (1 year), 15.75% (3 year) and 20.05% (5 year). The average annual return of this fund stands at 2.24%.