Name: Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Brand: Mahindra Mutual Fund

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Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Equity
ELSS
Very High Risk
3Y Lock In
17.70%
3Y annualised
-0.97% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 03 Dec 2021₹18.32
Min. SIP amountNA
Rating3
Fund size₹424.37Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns44.5%17.7%12.8%12.5%
Category average54.9%14.2%14.3%NA
Rank with in category51831NA
Understand terms
Holdings (49)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity8.6%
Infosys Ltd.
TechnologyEquity8.0%
HDFC Bank Ltd.
FinancialEquity7.9%
Reliance Industries Ltd.
EnergyEquity7.2%
Larsen & Toubro Ltd.
ConstructionEquity3.3%
Hindustan Unilever Ltd.
FMCGEquity3.3%
Kotak Mahindra Bank Ltd.
FinancialEquity3.2%
Axis Bank Ltd.
FinancialEquity3.0%
Tata Consultancy Services Ltd.
TechnologyEquity2.5%
Ultratech Cement Ltd.
ConstructionEquity2.1%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2021 - Present
2.39%
30 Sep 2021 - 31 Oct 2021
2.48%
31 Aug 2021 - 30 Sep 2021
2.38%
31 Jul 2021 - 31 Aug 2021
2.42%
30 Jun 2021 - 31 Jul 2021
2.40%
31 May 2021 - 30 Jun 2021
2.40%
30 Apr 2021 - 31 May 2021
2.41%
31 Mar 2021 - 30 Apr 2021
2.38%
28 Feb 2021 - 31 Mar 2021
2.40%
31 Jan 2021 - 28 Feb 2021
2.42%
31 Dec 2020 - 31 Jan 2021
2.42%
30 Nov 2020 - 31 Dec 2020
2.42%
31 Oct 2020 - 30 Nov 2020
2.42%
30 Sep 2020 - 31 Oct 2020
2.37%
31 Aug 2020 - 30 Sep 2020
2.42%
31 Jul 2020 - 31 Aug 2020
2.42%
30 Jun 2020 - 31 Jul 2020
2.40%
31 May 2020 - 30 Jun 2020
2.38%
30 Apr 2020 - 31 May 2020
2.37%
31 Mar 2020 - 30 Apr 2020
2.39%
29 Feb 2020 - 31 Mar 2020
2.33%
31 Jan 2020 - 29 Feb 2020
2.18%
31 Dec 2019 - 31 Jan 2020
2.30%
30 Nov 2019 - 31 Dec 2019
2.33%
31 Oct 2019 - 30 Nov 2019
2.33%
30 Sep 2019 - 31 Oct 2019
2.33%
31 Aug 2019 - 30 Sep 2019
2.42%
31 Jul 2019 - 31 Aug 2019
2.42%
30 Jun 2019 - 31 Jul 2019
2.49%
31 May 2019 - 30 Jun 2019
2.59%
30 Apr 2019 - 31 May 2019
2.59%
31 Mar 2019 - 30 Apr 2019
2.44%
28 Feb 2019 - 31 Mar 2019
2.43%
31 Jan 2019 - 28 Feb 2019
2.42%
31 Dec 2018 - 31 Jan 2019
2.40%
30 Nov 2018 - 31 Dec 2018
2.48%
31 Oct 2018 - 30 Nov 2018
2.48%
30 Sep 2018 - 31 Oct 2018
2.80%
31 Aug 2018 - 30 Sep 2018
2.74%
31 Jul 2018 - 31 Aug 2018
2.74%
30 Jun 2018 - 31 Jul 2018
2.80%
31 May 2018 - 30 Jun 2018
2.34%
30 Apr 2018 - 31 May 2018
2.34%
31 Mar 2018 - 30 Apr 2018
2.34%
28 Feb 2018 - 31 Mar 2018
2.34%
31 Jan 2018 - 28 Feb 2018
2.34%
31 Dec 2017 - 31 Jan 2018
2.34%
30 Nov 2017 - 31 Dec 2017
2.97%
31 Oct 2017 - 30 Nov 2017
2.35%
Expense ratio, exit load and taxExpense ratio: 2.39%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementV Balasubramanian
Aug 2018 - Present
View details
Education
Mr. Balasubramanian is M.Com, C.A and LLB
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with IDBI Mutual Fund and Indian Bank.
Also manages these schemes
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Mid Cap Unnati Yojana Regular IDCW
Mahindra Manulife Mid Cap Unnati Yojana Direct IDCW
Mahindra Manulife Mid Cap Unnati Yojana Regular Growth
Mahindra Manulife Mid Cap Unnati Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Regular Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct IDCW
Mahindra Manulife Rural Bharat And Consumption Yojana Regular IDCW
Mahindra Manulife Large Cap Pragati Yojana Direct Growth
Mahindra Manulife Large Cap Pragati Yojana Regular Growth
Mahindra Manulife Top 250 Nivesh Yojana Direct Growth
Mahindra Manulife Top 250 Nivesh Yojana Direct IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Srinivasan Ramamurthy
Jan 2020 - Present
View details
Education
Mr. Ramamurthy is an engineer by qualification from Jadavpur University and has done his MBA from IIM - Calcutta.
Experience
Prior to joining Mahindra Mutual Fund, he has worked with IDBI Federal Life Insurance, IIFL Capital Limited, Maybank Kim Eng, Credit Suisse and KPMG Advisory.
Also manages these schemes
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
Mahindra Manulife Multi Cap Badhat Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Regular IDCW
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Fatema Pacha
Oct 2020 - Present
View details
Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
Mahindra Manulife Multi Cap Badhat Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Regular IDCW
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Regular Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct Growth
Mahindra Manulife Rural Bharat And Consumption Yojana Direct IDCW
Mahindra Manulife Rural Bharat And Consumption Yojana Regular IDCW
Mahindra Manulife Large Cap Pragati Yojana Direct Growth
Mahindra Manulife Large Cap Pragati Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Mahindra Manulife Focused Equity Yojana Direct Growth
Mahindra Manulife Focused Equity Yojana Direct IDCW
Mahindra Manulife Focused Equity Yojana Regular Growth
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Mahindra Manulife ELSS Kar Bachat Yojana Regular IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Direct Growth
Mahindra Manulife ELSS Kar Bachat Yojana Direct IDCW
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Direct Growth
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular IDCW
Mahindra Manulife Equity Savings Dhan Sanchay Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Direct IDCW
Mahindra Manulife Multi Cap Badhat Yojana Regular Growth
Mahindra Manulife Multi Cap Badhat Yojana Regular IDCW
Mahindra Manulife Multi Cap Badhat Yojana Direct Growth
Mahindra Manulife Mid Cap Unnati Yojana Regular IDCW
Mahindra Manulife Mid Cap Unnati Yojana Direct IDCW
Mahindra Manulife Mid Cap Unnati Yojana Regular Growth
Mahindra Manulife Mid Cap Unnati Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular Growth
Mahindra Manulife Hybrid Equity Nivesh Yojana Direct IDCW
Mahindra Manulife Hybrid Equity Nivesh Yojana Regular IDCW
Mahindra Manulife Top 250 Nivesh Yojana Direct Growth
Mahindra Manulife Top 250 Nivesh Yojana Direct IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular IDCW
Mahindra Manulife Top 250 Nivesh Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Regular Growth
Mahindra Manulife Arbitrage Yojana Direct Growth
Mahindra Manulife Arbitrage Yojana Regular IDCW
Mahindra Manulife Arbitrage Yojana Direct IDCW
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made availab
Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Ratish Varier is the Current Fund Manager of Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 03 Dec 2021 is ₹18.32.
The Mahindra Manulife ELSS Kar Bachat Yojana Regular Growth is rated Very High risk. Minimum SIP Investment is set to 500. ...Read more
Investment Objective
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.
Fund benchmarkNIFTY 200 TRI
Scheme Information Document(SID)
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]
Website
NA
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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	1Y	3Y	5Y	All
Fund returns	44.5%	17.7%	12.8%	12.5%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	5	18	31	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	8.6%
Infosys Ltd.	Technology	Equity	8.0%
HDFC Bank Ltd.	Financial	Equity	7.9%
Reliance Industries Ltd.	Energy	Equity	7.2%
Larsen & Toubro Ltd.	Construction	Equity	3.3%
Hindustan Unilever Ltd.	FMCG	Equity	3.3%
Kotak Mahindra Bank Ltd.	Financial	Equity	3.2%
Axis Bank Ltd.	Financial	Equity	3.0%
Tata Consultancy Services Ltd.	Technology	Equity	2.5%
Ultratech Cement Ltd.	Construction	Equity	2.1%

Rating	3
Fund size	₹424.37Cr

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr