Mahindra Manulife Mutual Fund launches Mahindra Manulife Manufacturing Fund

NFO period: 31^st May – 14^th June, 2024

Highlights of the NFO:

• Scheme type – An open ended equity scheme following manufacturing theme


• Investment objective – The scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking long-term capital appreciation by investing in equity and equity-related securities of companies engaged in manufacturing theme.


• Minimum Application Amount – First investment is Rs. 1,000/- and multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal Option / IDCW Option with Payout of Income Distribution cum Capital Withdrawal / IDCW Payout and Reinvestment of Income Distribution cum Capital Withdrawal / IDCW Reinvestment facility.


• Fund Managers – Mr. Renjith Sivaram Radhakrishnan, Mr. Manish Lodha and Mr. Pranav Nishith Patel(Dedicated Fund Manager for Overseas Investments)


• Benchmark – S&P BSE India Manufacturing TRI (First Tier Benchmark)