MUTUAL FUNDS
Mahindra Mutual Fund introduces Rural Bharat and Consumption Yojana
Oct-19-2018

Mahindra Mutual Fund has launched the Mahindra Rural Bharat and Consumption Yojana, an open ended equity scheme. The NFO opens for subscription on O October 19, 2018 and closes on November 02, 2018. Entry load will be nil and exit load will be 1% if Units are redeemed / switched-out upto 1 year from the date of allotment applicable for the scheme and exit load will be Nil if Units are redeemed / switched-out after 1 year from the date of allotment. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against Nifty 200 Index and its fund manager is V. Balasubramanian.

The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India.



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