Mahindra Manulife MF introduces Value Fund
Mahindra Manulife Mutual Fund has launched Mahindra Manulife Value Fund, an open-ended equity scheme following a value investment strategy. The NFO opens for subscription on February 07, 2025 and closes on February 21, 2025. No Entry Load will be charged for the scheme. An Exit Load of 0.5% - if Units are redeemed / switched-out up to 3 months from the date of allotment and Nil - if Units are redeemed / switched-out after 3 months from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked with Nifty 500 TRI and its fund managers are Krishna Sanghavi and Vishal Jajoo.
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments of companies which are undervalued (or are trading below their intrinsic value).
