ML
Manish LodhaFund Manager Since 21 Dec 2020
EquityELSS (Tax Savings)
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
3Y Annualised
14.02%
0.16% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-2.34%
0.16% 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 3 months
NIFTY 50
6 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹839.23 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
Aditya Birla Sun Life Tax Pln Direct Plan Reinvst of Inc Dis cum Cap Wdrl
9.82%
2nd
Aditya Birla Sun Life Tax Pln Direct Plan Pyt of Inc Dis cum Cap Wdrl
9.82%
3rd
Aditya Birla Sun Life Tax Pln Direct Plan Growth
9.81%
4th
Aditya Birla Sun Life Tax Pln Reinvst of Inc Dis cum Cap Wdrl
9.78%
5th
Aditya Birla Sun Life Tax Pln Pyt of Inc Dis cum Cap Wdrl
9.78%
62nd
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
-2.34%
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 8 years, having been launched on 2016-10-18. Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth has ₹839.23 Cr worth of assets under management (AUM) as of Thu Mar 13 2025. The latest Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth as of Wed Mar 12 2025 is ₹29.3349. The fund has an expense ratio of 0.62%, 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 3.52%. Since launch, it has delivered 13.64% 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, Consumer Defensive, Communication Services sectors.
Top 5 Holdings of Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth.
- HDFC Bank Ltd: 9.81%
- ICICI Bank Ltd: 8.93%
- Reliance Industries Ltd: 4.75%
- Infosys Ltd: 4.07%
- Larsen & Toubro Ltd: 3.87%
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
14.02%
expense ratio
0.62%
fund size
₹839.23 Cr
FAQs
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