Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth - Regular - Latest NAV [ ₹32.672 ], Returns, Performance, Portfolio & Returns 2025

Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth

Very High Risk

Elss

4 Star

NAV as of May 12, 2025

32.67

3.69%1D Change

Returns since inception

14.79%p.a.

Very High Risk

Elss

4 Star

NAV as of May 12, 2025

32.67

3.69%1D Change

Returns since inception

14.79%p.a.

Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth

Very High Risk|Elss|4 Star
NAV as of May 12, 2025

32.67

3.69%1D

Returns since inception

14.79%p.a.

  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Returns calculator

Investment Type

Monthly SIP
One-Time
4000
20
yrs
Total investment₹9.6 Lakhs
Profit0
Final Value0
Absolute returnNaN%

Fund overview

  • Rating4 Star
  • Expense ratio0.63%
  • Exit Load0% within 0 days
  • AUM (Fund size)₹923.62 Crore
  • Lock-in period3 years
  • Age8 yrs since Oct 18, 2016
  • Min. investmentSIP ₹500 & Lump. ₹500
  • RiskVery High
  • Short-term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
  • Long-term capital gains (LTCG)After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Fund Distribution

Equity
96.47%
Debt
0%
Others
3.53%
Top Holdings
Top Sectors
Holding NameAssets (%)
HDFC Bank Ltd9.3%
ICICI Bank Ltd8.89%
Reliance Industries Ltd5.59%
Axis Bank Ltd4.04%
Larsen & Toubro Ltd3.72%

Peer Comparison

Overview
Returns
Risk Ratios
Fund NameAUM (In Crs.)NAVRisk
DSP ELSS Tax Saver Fund D...₹ 12,086 Cr
104.46 | 0.83%
Very High
Canara Robeco ELSS Tax Sa...₹ 8,516 Cr
189.73 | 3.42%
Very High
SBI Long Term Equity Fund...₹ 28,506 Cr
457.97 | 3.33%
Very High
Axis ELSS Tax Saver Fund ...₹ 34,950 Cr
106.19 | 3.47%
Very High

NAV History - Mahindra Manulife ELSS Kar Bachat Yojana - Direct - Growth

FUND

Mahindra Manulife ELSS Kar Bachat Yojana - Direct - Growth

NAV (May 12, 2025)₹32.67
ClassELSS | ELSS
Inception DateOct 18, 2016
Fund ManagerManish Lodha, Fatema Pacha

FUND

Mahindra Manulife ELSS Kar Bachat Yojana - Direct - Growth

Initial Price₹10
Min. Investment AmountSIP ₹500 and Lump. ₹500
Exit Load0% within 0 days

Returns

1W

1M

3M

6M

1Y

3Y

Mahindra Manulife EL...1.82%8.76%8.77%3.55%11.88%20.69%

About Mahindra Manulife Investment Management Pvt. Ltd.

A joint venture between Manulife Investment Management (Singapore) Pte. Ltd and Mahindra & Mahindra Financial Services Limited resulted in the incorporation of Mahindra Manulife Mutual Fund. The fund house intends to provide a wide range of investment solutions for investors spread across India, with the primary focus being on semi-urban areas.

Mahindra Manulife Investment Management Pvt. Ltd. Details

  • No. of schemes27
  • Total AUM₹5,271.07 Crore
  • Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
  • Phone022-66327900

Frequently Asked Questions

Start your investment
Lumpsum
SIP
Amount
Estimated value after 3 years

(as per historical returns)

2.51 Lakhs ₹
Min investment of ₹500 required