Mahindra Manulife: Opportunity to invest in this new fund of Mahindra Manulife, you will get the benefit of LTCG along with diversification.

A great opportunity has come for mutual fund investors. A new fund of asset management company Mahindra Manulife has been opened this week, which is offering investors the benefit of long term capital gains tax along with a diverse portfolio. Investors have about two weeks to invest in this fund.

Chance to subscribe till March 5

According to a statement from Mahindra Manulife Mutual Fund, the company has Launched Multi Asset Allocation Fund for investors looking to invest across different asset classes (equity, debt and gold/silver ETF units). This NFO opened on 20th February and is scheduled to close on 5th March. Thereafter, the fund will reopen for continuous sale and repurchase from March 15, 2024.

Other benefits of this new fund

According to the statement, based on the changing dynamics of the market, But the asset allocation will be rebalanced regularly by the fund managers. With this fund, mutual fund investors will get the benefit of a diversified portfolio, which aims to provide stability of fixed income, growth potential of equities and long term capital gains tax (LTCG) benefits to investors along with the benefit of indexation. >

Multiple asset classes in one product

Anthony Heredia, MD and CEO of Mahindra Manulife Investment Management, says that this product can be included in the portfolio of every investor. The market will always present challenges as well as opportunities and thoughtful diversification between asset classes is one of the ways to make the best of the opportunity without sacrificing risk. Mahindra Manulife Multi Asset Allocation Fund gives investors the opportunity to access multiple asset classes in a single product including equity, debt and gold/silver ETFs.

Both SIP and Lumpsum options

This scheme combines multiple strategies while selecting different asset classes. The scheme will follow top-down and bottom-up methods while selecting equity and equity-related instruments, while debt will be used in taking debt investment decisions. In this you can invest both through SIP and lump sum. Those who have excess cash can consider lump sum investments in these schemes, while other investors can opt for SIP.

Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investment in mutual funds is subject to market risks. As an investor, always consult an expert before investing money. ABPLive.com never advises anyone to invest any money.

Also read: Attention investors of these small savings schemes, if this work is not done till 31st March then penalty will be imposed.