Mahindra Manulife Mutual Fund The New Star of the Mutual Fund Industry : Mahindra Mutual Fund

Investment Strategy

Portfolio management would involve active allocation between sectors and stocks based on the stages of business cycles in the economy as business growth for various sectors has a lead or large economy.

Head of Equity & Debt Team (CIO)

Mr. Krishna Sanghavi (CIO)

Mr. Krishna Sanghavi, a CMA from the Institute of Cost and Works Accountants of India with an MMS in Finance, boasts over 27 years of experience. With 14 years in Mutual Funds and 8 years in Life Insurance, he held leadership roles, including 'Head of Equities' at Canara Robeco, Kotak Mahindra, and Aviva. In these positions, he expertly managed and supervised Equity Portfolios.

Mr. Rahul Pal (CIO)

Mr Rahul Pal, a Chartered Accountant, joined Mahindra Manulife Investment Management Private Limited after serving as 'CIO – Fixed Income' at Taurus Asset Management Company Limited. He previously worked as a fund Manager – Fixed Income' at Sundaram Asset Management Company Limited, where he managed and supervised fixed-income portfolios.

Key Fund Management Team

Top 5 Mahindra Manulife Mutual Funds 

History of Mahindra Manulife Mutual

Mahindra Manulife Mutual Fund operates according to a trust deed dated September 29, 2015. The trust includes Mahindra & Mahindra Financial Services Limited as the Sponsor and Mahindra Trustee Company Private Limited as the Trustee. The Trust Deed has been properly registered under the Indian Registration Act of 1908. Mahindra Finance's history reflects a consistent upward path, highlighting a strong commitment to empowering customers.

• MMFSL has a substantial fund management team.
• Operates in 1172 offices, covering 26 states and 3 union territories.
• Offers a diverse portfolio with 50 Mahindra Manulife MF schemes.
• Actively managed portfolio strategy for long-term capital appreciation
• Emphasis on strong governance practices.
• Known for conducting best-in-class fundamental research.
• Utilizes digital platforms for enhanced accessibility and services.

How to Select the Best Mahindra Manulife Mutual Fund?

Getting started with investments is like taking the first step on a journey, and it's crucial to make that step wisely. Here are some key aspects to consider in simple terms:

• Defining Objectives: Make reasonable financial decisions. Identify them and create a plan for needs.
• Risk Tolerance: Determine level of risk comfort, keeping in mind that increased risk can result in higher returns.
• Diversification: Spread your investments across several industries to reduce risk and maximize returns.
• Self-education: To gain a better understanding of finances. Analyse previous performance and fund operations.
• Regular Monitoring: Consistently check your investments and make adjustments as market conditions shift.
• Seeking Advice: Because market swings may influence mutual funds, consult with professionals.

The SIP Calculator can also help you set realistic goals for mutual funds.

How to Invest in Mahindra Manulife Fund Schemes via MySIPonline?

Investing in Top Mahindra Manulife Mutual Funds is made easy with mysiponline. Here's a simple step-by-step guide:

• Visit mysiponline.com and select mutual fund plans based on goals.
• Register for free, complete your profile, and select preferred funds.
• Complete your KYC procedure, for the next procedure.
• Choose and add money to the cart according to your risk tolerance.
• Make your payment and wait for confirmation of your investment.
• Keep track of your investments with mysiponline.com.

Investing in mutual funds using Online SIP is simple. It's a straight process with rapid KYC and user-friendly features.

What is the Taxation on Mahindra Manulife Mutual Fund?

The taxation of Mahindra Manulife mutual funds depends on which category they fall under equity or debt.

Equity-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed at a flat rate of 15% if units are sold within one year of purchase
• Long-term Capital Gains (LTCG): Gains exceeding Rs. 1 lakh in a financial year are taxed at 10% without indexation if units are sold after one year.

Debt-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed according to the investor's income tax slab rate if units are sold within three years of purchase.
• Long-term Capital Gains (LTCG): Taxed at a rate of 20% with the benefit of indexation if units are sold after three years.