A Oneindia Venture

Mahindra Manulife Banking & Financial Services Fund NFO

By Mahindra Manulife Mutual Fund Equity Sector
NFO Closed

Offer Price

₹10.00

Min. Investment

₹1000

Open Date

27 Jun 2025

Close Date

11 Jul 2025

SIP Amount

₹500

Mahindra Manulife Banking & Financial Services Fund is a New Fund Offer (NFO) by Mahindra Manulife Investment Management Pvt. Ltd. categorized under Sector. The NFO is open for subscription from 27 Jun 2025 to 11 Jul 2025. Investors can subscribe with a lumpsum investment of ₹1,000. The offer price is ₹10.00 per unit. The fund will be managed by Vishal Jajoo. The fund has a risk rating of 'Very High' with an expected expense ratio of 2.36%. It will benchmark against Nifty Financial Services Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
27 Jun 2025 to 11 Jul 2025
Min. Lumpsum Amount
₹1000
SIP Amount
Rs. 500
Scheme Type
Open Ended
Category
Equity - Sectoral/Thematic
Risk Level
Very High
Expected Expense Ratio
2.36%
Exit Load
0.50%
Benchmark
Nifty Financial Services Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the banking and financial services activities. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.

AMC Details

Name
Mahindra Manulife Mutual Fund
Fund Managers
Mr. Vishal Jajoo (Equity)
Mr. Chetan Gindodia (Equity)
Website
http://www.mahindramutualfund.com

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Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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