Equity
Direct
Global - Other
NAV as on 05-09-2024
₹ 9.24
▲2.1%
1D
Inception Returns
/yr
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth is an equity fund. This fund was started on 20 October, 2021. The fund is managed by Amit Garg, Kush Sonigara. The fund could potentially beat inflation in the long-run.
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth has given a CAGR return of -3.13% since inception. Over the last 1 year the fund has given a CAGR return of 8.68%.
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Real Estate. Its top holdings are Manulife GF APAC REIT AA RMBH I7 Acc
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of Manulife Global Fund – Asia Pacific REIT Fund, an overseas fund primarily investing in real estate investment trusts (REITs) in the Asia Pacific ex-Japan region. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth has no lock in period.
Expense ratio | 0.45% |
Benchmark | FTSE EPRA Nareit Asia ex Japan REITs |
AUM | ₹21 Cr |
Inception Date | 20 October, 2021 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 25.32% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.33% | 9.33% |
6 Month Returns | 11.62% | 11.62% |
1 Year Returns | 8.68% | 8.68% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth | 0.14 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Asia Pacific REITs FOF Fund Direct Growth | 21.48 | - | - |