Earning Opportunity: This new fund offer will open on 30 July and close on 13 August 2021.
Mahindra Manulife Mutual Fund (mahindra manulife flexi cap) has launched a new Fund Offer (NFO) named Flexi Cap. It is an open ended dynamic equity scheme that will invest in all market caps of large cap, mid cap and small cap. Mahindra Manulife Mutual Fund MD & CEO Ashutosh Bishnoi said that despite the second wave of Kovid, the Indian stock market remains bullish.
Benchmark indices are close to double the level as compared to the lockdown announced in March 2020. However, it is more likely that equity markets may remain volatile due to various uncertainties currently prevailing in global economies. Flexi cap funds are capable of delivering steady returns across market cycles, and are appreciated for their diversified approach that ensures a balance between risk and returns.
The new fund offer will open on July 30
according to the release issued by the company, this new fund offer will open on July 30 and will close on August 13, 2021. This scheme will again open for continuous purchase and sale from 25 August 2021. At least Rs 1,000 has to be invested. At the same time, 500 can be invested in SIP. Mahindra Manulife Flexi Cap Scheme will invest at least 65% in equity and equity related securities. It will have the option to invest 35% in debt and money market securities which will also have Tri Party Repo, Reverse Repo . Up to 10% will be invested in units issued by Writ and InvIT.
Know what the experts say?
Sandeep Bhu Shetty of Chatur Investments said that the flexibility to switch from mid to small caps as per the need, which can potentially deliver good performance in case of economic recovery, makes such funds all the more laudable. Mahindra Manulife Flexi Cap Scheme is an ideal scheme for investors who want diversified funds. This fund has an excellent process, an in-house investment framework and is used for the correct valuation of the stock. It further estimates the difference in valuation if something like this happens. Opportunities are identified on the basis of the main source, which reduces the valuation gap by re-rating the stock.
Long Term Investing
This scheme is suitable for investors who want to grow their investments in the long run by investing in a diversified portfolio of all market capitalizations in equities and equity related securities. The fund will have the flexibility to invest across all market capitalization opportunities and aim for a mix portfolio of core investment (medium to long term compounding story) and tactical investment (cyclical sectors, commodity cycles, etc.) opportunities have to make.
