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Mahindra Manulife's Multi-Asset Allocation NFO opens for subscription

Mahindra Mutual Fund has announced the launch of Mahindra Manulife Multi-Asset Allocation Fund, which is an open-ended scheme investing in equity, debt, gold, as well as exchange-traded fund, as well as exchange-traded commodity derivatives. Now, the NFO was open for subscription on the February 20th and will close on March 5th. It will subsequently reopen for continuous sale and repurchase from 15th of March. ....

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Mahindra Manulife launches Multi Asset Allocation Fund for investors

Mahindra Manulife launches Multi Asset Allocation Fund for investors
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Mahindra Mutual Fund launches Mahindra Manulife Multi Asset Allocation Fund

The scheme will be benchmarked against 45% NIFTY 500 TRI + 40% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold + 5% Domestic Price of Silver. It will be managed by Renjith Sivaram Radhakrishnan (equity), Rahul Pal (debt) and Pranav Nishith Patel (dedicated fund manager for overseas investment). ....

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