Mahindra Manulife Banking and Financial Services Fund | NFO

Mahindra Manulife Mutual Fund has announced the launch of Mahindra Manulife Banking and Financial Services Fund, an open-ended equity scheme that aims to provide long-term capital appreciation by investing in a portfolio of equity and equity-related securities of companies engaged in banking and financial services activities.

The new fund offer or NFO of the scheme is open for subscription on June 27 and will close on July 11. The scheme will reopen for continuous sale and repurchase from July 21.

The scheme is suitable for investors who are seeking long-term capital appreciation and want investment predominantly in a portfolio of equity and equity related securities of companies engaged in banking and financial services activities.

Read more at:
https://economictimes.indiatimes.com/...