Mahindra Manulife ELSS Tax Saver Fund - Direct (IDCW)
ELSSNAV
22.31(-0.86%)Fund Size (CR)
₹952.81Expense Ratio
0.62Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹500Minimum Withdrawal
₹1Exit Load
0%Return Since Launch
14.46%
- 3M
- 6M
- 1Y
- 3Y
- All
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 | 19 August 2025 | 9932.11 | -0.68% | - | -1.14% | 25/217 |
| 1 Month | 25 July 2025 | 9990.37 | -0.10% | - | -1.03% | 42/217 |
| 3 Month | 26 May 2025 | 10058.05 | 0.58% | - | 1.01% | 121/217 |
| 6 Month | 25 February 2025 | 11310.73 | 13.11% | - | 12.75% | 92/217 |
| 1 Year | 26 August 2024 | 9948.71 | -0.51% | -0.51% | -2.42% | 61/213 |
| 3 Year | 26 August 2022 | 15598.01 | 55.98% | 15.96% | 17.20% | 133/203 |
| 5 Year | 26 August 2020 | 26825.39 | 168.25% | 21.80% | 21.74% | 88/203 |
| Since Inception | 18 October 2016 | 33091.80 | 230.92% | 14.46% | 15.45% | 140/217 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 2 September 2024 | 1,20,000 | 176652.03 | 47.21% | 47.21% |
| 3 Year | 1 September 2022 | 3,60,000 | 599485.71 | 66.52% | 18.53% |
| 5 Year | 1 September 2020 | 6,00,000 | 1127557.21 | 87.93% | 13.45% |
| 10 Year | - | - | - | - | - |
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
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
3.51%
Standard Deviation
0.89%
Beta
0.92%
Sharpe Ratio
-0.02%
Treynor's Ratio
1.06%
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 |
|---|---|---|---|---|---|
| HDFC Bank | 9.45% | 446000 | 90.01 | Equity | Banks |
| ICICI Bank | 8.94% | 575120 | 85.20 | Equity | Banks |
| Reliance Industr | 4.95% | 339000 | 47.13 | Equity | Refineries |
| Infosys | 4.53% | 286000 | 43.16 | Equity | IT - Software |
| Larsen & Toubro | 3.92% | 102761 | 37.37 | Equity | Infrastructure Developers & Operators |
| SBI | 3.12% | 373000 | 29.71 | Equity | Banks |
| Hind. Unilever | 3.07% | 116000 | 29.25 | Equity | FMCG |
| TCS | 2.98% | 93476 | 28.39 | Equity | IT - Software |
| Axis Bank | 2.92% | 260000 | 27.78 | Equity | Banks |
| Bajaj Finance | 2.68% | 290000 | 25.55 | Equity | Finance |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mahindra Manulife ELSS Tax Saver Fund - Direct (IDCW) | 952.81 | -0.10% | 0.58% | 13.11% | -0.51% | 15.96% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 387.55 | -0.86% | 4.81% | 22.48% | 13.81% | 23.95% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 387.55 | -0.86% | 4.81% | 22.48% | 13.81% | 23.95% | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (G) | 405.49 | -0.72% | 2.06% | 14.33% | 5.85% | - | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (IDCW) | 405.49 | -0.72% | 2.06% | 14.33% | 5.85% | - | |
| HSBC Tax Saver Equity Fund - Direct (G) | 249.72 | -1.67% | 1.88% | 14.78% | 4.90% | 19.91% |
List of Schemes under Mahindra Manulife Mutual Fund
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
22 August 2016
Total AUM (Cr)
₹952.81
Mahindra Manulife ELSS Tax Saver Fund - Direct (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 ₹952.81 (Cr), as of 28 August 2025, Mahindra Manulife ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 14.46% since its launch.
The current NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct (IDCW) is ₹22.31, as on 28 August 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Mahindra Manulife ELSS Tax Saver Fund - Direct (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:
Nil The fund has generated 15.96% and 21.80% 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 97.75% in Equity, 1.84% in Debt and 0.41% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 26.05% in Banks, 8.51% in IT-Software, 7.89% in Consumer Durables, 5.46% in Finance, 4.95% in Petroleum Products