Mahindra Manulife ELSS Tax Saver Fund (IDCW)

ELSS

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NAV
18.77(-0.52%)
Fund Size (CR)
₹938.26
Expense Ratio
2.16
Scheme Type
Active Fund
Value Research
-

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1
Exit Load
0%
Return Since Launch
12.11%

Absolute Return: -1.09%

Annualized Return: 0%

Basic Details

Scheme Manager

Fatema Pacha

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	4 February 2026	10118.27	1.18%	-	1.24%	129/217
1 Month	9 January 2026	10080.54	0.81%	-	1.24%	157/217
3 Month	11 November 2025	10037.23	0.37%	-	-0.12%	97/217
6 Month	11 August 2025	10428.06	4.28%	-	3.73%	109/217
1 Year	11 February 2025	11237.75	12.38%	12.38%	12.55%	133/217
3 Year	10 February 2023	15114.68	51.15%	14.73%	17.97%	187/209
5 Year	11 February 2021	19422.47	94.22%	14.19%	16.30%	149/203
Since Inception	18 October 2016	29036.20	190.36%	12.11%	15.00%	193/217

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 March 2025	1,20,000	190784.81	58.99%	58.99%
3 Year	1 March 2023	3,60,000	598649.04	66.29%	18.47%
5 Year	1 March 2021	6,00,000	1073894.97	78.98%	12.35%
10 Year	1 November 2016	11,20,000	2495962.86	122.85%	8.34%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.35%

Standard Deviation

0.88%

Beta

0.77%

Sharpe Ratio

0.02%

Treynor's Ratio

-0.51%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	7.81%	541120	73.32	Equity	Banks
HDFC Bank	7.68%	775000	72.02	Equity	Banks
Reliance Industr	5.22%	351000	48.98	Equity	Refineries
Infosys	4.97%	284439	46.68	Equity	IT - Software
Axis Bank	3.71%	254000	34.81	Equity	Banks
TCS	3.64%	109362	34.16	Equity	IT - Software
Bajaj Finance	3.52%	355000	33.01	Equity	Finance
Larsen & Toubro	2.98%	71169	27.99	Equity	Infrastructure Developers & Operators
SBI	2.87%	250000	26.93	Equity	Banks
Hind. Unilever	2.83%	112000	26.58	Equity	FMCG

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
SBI Long Term Advantage Fund - Series V -Dir (G)	368.70	0.45%	0.01%	2.57%	20.95%	24.04%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	368.70	0.45%	0.01%	2.57%	20.95%	24.04%
Mirae Asset ELSS Tax Saver Fund - Direct (IDCW)	26111.95	2.07%	1.04%	7.08%	18.72%	19.29%
Mirae Asset ELSS Tax Saver Fund - Direct (G)	26111.95	2.07%	1.03%	7.08%	18.72%	19.31%
Aditya Birla SL ELSS Tax Saver Fund - Direct (IDCW)	14992.71	1.85%	1.63%	5.86%	18.46%	17.07%

List of Schemes under Mahindra Manulife Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mahindra Manulife Multi Cap Fund	Equity	Very High	17.56%	3	₹6,045.74
Mahindra Manulife Large Cap Fund	Equity	Very High	14.63%	4	₹739.65
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	14.98%	3	₹2,738.71
Mahindra Manulife Mid Cap Fund	Equity	Very High	17.62%	4	₹4,267.43
Mahindra Manulife Small Cap Fund	Equity	Very High	13.87%	0	₹3,994.87
Mahindra Manulife Value Fund	Equity	Very High	0%	0	₹678.95
Mahindra Manulife Focused Fund	Equity	Very High	15.07%	4	₹2,207.80
Mahindra Manulife Consumption Fund	Equity	Very High	9.71%	2	₹511.89
Mahindra Manulife Business Cycle Fund	Equity	Very High	20.36%	0	₹1,289.75
Mahindra Manulife Manufacturing Fund	Equity	Very High	19.69%	0	₹685.42
Mahindra Manulife Banking & Financial Services Fund	Equity	Very High	0%	0	₹404.91
Mahindra Manulife Innovation Opportunities Fund	Equity	Very High	0%	0	₹151.70
Mahindra Manulife ELSS Tax Saver Fund	Equity	Very High	14.51%	3	₹938.26
Mahindra Manulife Overnight Fund	Debt	Low	5.66%	3	₹136.57
Mahindra Manulife Liquid Fund	Debt	Moderate	6.46%	3	₹1,158.64
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	6.96%	4	₹210.12
Mahindra Manulife Low Duration Fund	Debt	Moderate	7.46%	4	₹581.52
Mahindra Manulife Short Duration Fund	Debt	Moderate	7.64%	4	₹89.21
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	6.39%	3	₹74.10
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	14.03%	4	₹2,114.91
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	11.65%	3	₹912.79
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	27.57%	0	₹1,028.28
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.22%	2	₹97.27
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	11.85%	2	₹555.78
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	33.37%	0	₹44.06
Mahindra Manulife Income Plus Arbitrage Active FOF	Other	Moderately Low	0%	0	₹26.51
Mahindra Manulife Flexi Cap Fund	Equity	Very High	14.46%	4	₹1,549.15

News

Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 09 February 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Mahindra Manulife Aggressive Hybrid Fund:
Regular Plan Monthly ' IDCW: 0.18
Direct Plan Monthly ' IDCW: 0.18
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Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mahindra Manulife Mutual Fund has announced 07 January 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Mahindra Manulife Aggressive Hybrid Fund:
Regular Plan Monthly ' IDCW: 0.18
Direct Plan Monthly ' IDCW: 0.18
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Mahindra Manulife Mutual Fund announces change in fund manager under its schemes

Mahindra Manulife Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 January 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Low Duration Fund	Mr. Rahul Pal	1. Mr. Rahul Pal 2. Amit Garg
Mahindra Manulife Short Duration Fund	Mr. Rahul Pal	1. Mr. Rahul Pal 2. Mr. Kush Sonigara
Mahindra Manulife Dynamic Bond Fund	Mr. Rahul Pal	Mr. Rahul Pal 2. Mr. Kush Sonigara
Mahindra Manulife Balanced Advantage Fund	1. Ms. Fatema Pacha 2. Mr. Rahul Pal	1. Ms. Fatema Pacha 2. Mr. Rahul Pal 3. Mr. Amit Garg
Mahindra Manulife Multi Asset Allocation Fund	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal 3. Mr. Kush Sonigara
Mahindra Manulife Equity Savings Fund	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal	1. Mr. Renjith Sivaram 2. Mr. Rahul Pal 3. Mr. Kush Sonigara

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Fund House Details & Investment Objective

Date of Incorporation

22 August 2016

Total AUM (Cr)

₹938.26

Mahindra Manulife ELSS Tax Saver Fund (IDCW) is an ELSS-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 22 August 2016, this fund is managed by Fatema Pacha. With assets under management (AUM) worth ₹938.26 (Cr), as of 12 February 2026, Mahindra Manulife ELSS Tax Saver Fund (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 12.11% since its launch.
The current NAV of Mahindra Manulife ELSS Tax Saver Fund (IDCW) is ₹18.77, as on 12 February 2026. The fund's benchmark index is Nifty 500 TRI. You can invest in Mahindra Manulife ELSS Tax Saver Fund (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 14.73% and 14.19% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.64% in Equity, 1.36% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 23.51% in Banks, 10.59% in IT-Software, 8.46% in Consumer Durables, 7.73% in Finance, 5.61% in Petroleum Products