MUTUAL FUNDS
Mahindra MF introduces Top 250 Nivesh Yojana
Dec-06-2019

Mahindra Mutual Fund (MF) has launched the Mahindra Top 250 Nivesh Yojana, an open ended equity scheme investing in both large cap and mid cap stocks. The NFO opens for subscription on December 06, 2019 and closes on December 20, 2019. Entry load is nil and Exit load will be 1%, if Units are redeemed/ switched-out upto 1 year from the date of allotment 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 1000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against NIFTY LargeMidcap 250 TRI Index and its fund manager is V. Balasubramanian.

The investment objective of the scheme is to seek long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks.

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