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Mahindra Mutual Fund launches Mahindra Rural Bharat and Consumption Yojana

by News Team | Mutual Fund

NFO period: 22nd October - 02nd November, 2018

Highlights of the NFO:

  • Scheme type - An open ended equity scheme following Rural India theme

  • Investment objective - 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. However, there can be no assurance that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long term capital appreciation; by investing predominantly in equity and equity related securities including derivatives of entities engaged in and/ or expected to benefit from the growth in rural India.

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

  • Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Dividend Option. Dividend Option will have Dividend Payout and Dividend Reinvestment facility.

  • Fund Managers - Mr. V. Balasubramanian

  • Benchmark - Nifty 200 Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)