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Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
64.78%
1Y return
+0.13% 1D
1M
6M
1Y
3Y
All
NAV: 05 Aug 2021₹19.28
Min. SIP Amount₹500
Rating3star
Fund Size₹383.93 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns64.8%16.1%NA14.7%
Category average54.9%14.2%14.3%NA
Rank with in category814NANA
Understand termsinfo

Holdings (52)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity8.3%
Reliance Industries Ltd.EnergyEquity7.3%
HDFC Bank Ltd.FinancialEquity7.3%
ICICI Bank Ltd.FinancialEquity6.5%
Tata Consultancy Services Ltd.TechnologyEquity4.7%
Hindustan Unilever Ltd.FMCGEquity4.0%
Kotak Mahindra Bank Ltd.FinancialEquity3.8%
State Bank of India
FinancialEquity2.3%
Axis Bank Ltd.FinancialEquity2.1%
HCL Technologies Ltd.TechnologyEquity2.1%
See All

Pros and cons

Category: Equity ELSS

Pros

  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.73%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Fatema Pacha
Oct 2020 - Present
View Details
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Manish Lodha
Dec 2020 - Present
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Fund house & investment objective

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Fund house contact details

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