ML
Manish LodhaFund Manager Since 21 Dec 2020
EquityELSS (Tax Savings)
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
3Y Annualised
13.70%
-0.75% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
7.69%
-0.75% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 5 months
NIFTY 50
6 years 8 months
FD
9 years 7 months
Fund info
Fund size
₹827.84 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹500
Exit load
0%
Nil
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ITI ELSS Tax Saver Fund Direct Growth
17.77%
2nd
ITI ELSS Tax Saver Fund Direct Payout Inc Dist cum Cap Wdrl
17.77%
3rd
ITI ELSS Tax Saver Fund Regular Payout Inc Dist cum Cap Wdrl
17.61%
4th
ITI ELSS Tax Saver Fund Regular Growth
17.61%
5th
Motilal Oswal ELSS Tax Saver Direct Plan Payout of Income Distribution cum capital wdrl
17.11%
196th
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
7.69%
Fund Managers
FP
Fatema PachaFund Manager Since 16 Oct 2020
About Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth is a Equity mutual fund scheme from Mahindra Manulife Investment Management Pvt. Ltd.. This fund has been in existence for 9 years, having been launched on 2016-10-18. Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth has ₹827.84 Cr worth of assets under management (AUM) as of Sun May 03 2026. The latest Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth as of Thu Apr 30 2026 is ₹32.123. The fund has an expense ratio of 0.79%, which is medium comparable to most other Equity funds.
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth returns for the last 1 year are 0.83%. Since launch, it has delivered 12.99% average annual returns.
The Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth has the majority of its money invested in Financial Services, Energy, Technology, Industrials, Communication Services, Consumer Defensive sectors.
Top 5 Holdings of Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth.
- ICICI Bank Ltd: 7.78%
- HDFC Bank Ltd: 6.95%
- Reliance Industries Ltd: 4.67%
- Infosys Ltd: 3.83%
- Larsen & Toubro Ltd: 3.05%
AMC Information
| Name | Mahindra Manulife Investment Management Pvt. Ltd. |
|---|---|
| Founding Date | 2016-10-18 |
| mfinvestors@mahindra.com | |
| Phone | 022-66327900 |
| Website | www.mahindramanulife.com |
| Address | 1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018 |
Tax Implications of Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
EquityELSS (Tax Savings)
3Y CAGR
13.70%
expense ratio
0.79%
fund size
₹827.84 Cr
Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
