Investors often prefer mutual fund investments because of their many security features. Many mutual funds have come into the limelight over the years. That being said, recently, the Mahindra Manulife fund seems to be the talk of the town.
Are you also looking forward to growing with the Mahindra Manulife mutual fund? Well then, here’s all you need to know about it.
Simply put, the money many investors pooled makes up a mutual fund. A mutual fund is a trust collecting money from several investors to invest in securities like stocks and bonds. The overall gain from such a collective investment is further distributed among the investors.
All the holdings of the mutual fund make up the portfolio. It is a long-term investment opportunity and is a popular option among investors. It offers the following features:
With these benefits, a mutual fund investment seems like a low-risk, long-term option. It is also preferable for beginners to invest in lumpsum over time.
If you are looking for valuable mutual fund options, the Mahindra mutual fund may have something in store.
The MAMCPL, or Mahindra Asset Management Company Pvt. Ltd., comes under the Companies Act of 1956. It is an asset manager of the Mahindra mutual fund, a trust under the India Trusts Act of 1882.
The Mahindra mutual fund offers many open-ended schemes that concentrate on financial growth in the long run.
The joint venture of Mahindra & Mahindra Financial Services Limited with Manulife Investment Management Pvt Ltd. (Singapore) brings endless growth opportunities. This cooperation brings forth Mahindra’s domestic market strength and successful track with Manulife’s global wealth and asset-handling abilities.
Overall, the expertise in serving Asian consumers over the years has helped in aiming at better investment opportunities. The Mahindra Manulife mutual fund offers a range of investments throughout India, with particular attention on semi-urban areas.
The Manulife with Mahindra initiative offers many schemes in India. Let’s have a look at 10 such mutual funds.
With the variety of investment options and secured returns, a Mahindra Manulife mutual fund investment is an excellent option.
Mutual Fund investments on Fi are commission-free. With its intuitive user interface, suited for novice & seasoned investors, you can select from over 800 direct Mutual Funds. Plus, Fi's 100% secure as it functions under the guidance of epiFi Wealth, a SEBI-registered investment advisor. To help simplify the steps involved, you can invest daily, weekly, or monthly via automatic payments or SIPs — created with one screen tap. Moreover, Fi offers 100% flexibility with zero penalties for missed payments.
Over time, Mahindra Manulife mutual funds have overtaken as the best options. In various schemes, the Mahindra Manulife Liquid Fund tops with a 5-star rating.
The current NAV of the Mahindra Manulife Liquid Fund, as of May 2023, is ₹1,464.47.