TBCStrategy
Not publishedNFO window
₹10 lakhMinimum
PendingAllotment
What this strategy does
Mahindra Manulife has announced MPOWER, its first Specialized Investment Fund. Strategy detail and the NFO window are awaited; it enters the tracker the day its official NAV first publishes.
As filed
| Status | Announced |
| Status | strategy & window awaited |
Offer documents — from the AMC
The AMC has not yet published offer documents we can link to. Nothing should be discussed with a client until the SID and KIM are out.
Before you discuss this with anyone
- Read the SID and KIM yourself. Everything above is summarised from them and from the AMC’s own release; the scheme documents govern.
- Check the benchmark in the SID. Category-level benchmark labels are generalisations and do not hold fund by fund.
- Check the exit load and any lock-in, and whether the minimum differs for accredited investors.
- Confirm who manages it and what else they run. A new strategy from an experienced desk is not the same proposition as a new desk.
- A fund in NFO has no track record and no NAV history. It cannot be compared with a live fund, and any performance table that includes it is misleading.
- We distribute Regular plans. Say so early if the client asks about Direct.