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.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Kush Sonigara
Mr. Sonigara is a B.Com (FM), FRM
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus Asset Management Co. Ltd., My Capital Solutions Pvt. Ltd. and TBNG Financial Consultants.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mahindra Manulife Equity Savings Fund is ₹21.75 as of 2026-08-28.
Mahindra Manulife Equity Savings Fund is classified as a Equity Savings fund.
The Assets Under Management (AUM) of Mahindra Manulife Equity Savings Fund is ₹2,024 Cr.
The expense ratio of Mahindra Manulife Equity Savings Fund is 2.8%.
Mahindra Manulife Equity Savings Fund is managed by Kush Sonigara.
The minimum SIP investment for Mahindra Manulife Equity Savings Fund is ₹500.
The exit load for Mahindra Manulife Equity Savings Fund is 1%.
As per the SEBI Riskometer, Mahindra Manulife Equity Savings Fund carries a Moderately High risk level.
Mahindra Manulife Equity Savings Fund has delivered 6.76% (1Y), 8.44% (3Y) and 7.58% (5Y) annualised returns as of 2026-08-28.
Mahindra Manulife Equity Savings Fund was launched on 2016-02-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
