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Mahindra Manulife ELSS Tax Saver Fund Direct Growth
+7.14%
3Y annualised
+0.92% 1D
NAV: 09 Oct '26
₹30.82
Min. for SIP
₹500
Fund size (AUM)
₹829.02 Cr
Expense ratio
1.04%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹56,664 | -5.56% | |
| 3 years | ₹1,80,000 | ₹1,77,102 | -1.61% | |
| 5 years | ₹3,00,000 | ₹3,48,530 | +16.18% | |
| 10 years | ₹6,00,000 | ₹10,93,456 | +82.24% |
Holdings (57)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 9.24% |
| HDFC Bank Ltd | Financial | Equity | 7.24% |
| Repo | Unspecified | Repo | 5.36% |
| Bharti Airtel Ltd | Technology | Equity | 4.28% |
| Bajaj Finance Ltd | Financial | Equity | 3.56% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.11% |
| Larsen & Toubro Ltd | Industrials | Equity | 2.96% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.57% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 2.56% |
| Infosys Ltd | Technology | Equity | 2.44% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 2.31% |
| Axis Bank Ltd | Financial | Equity | 2.31% |
| Zomato Ltd | Technology | Equity | 2.22% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 2.15% |
| Avenue Supermarts Ltd | Consumer Staples | Equity | 2.06% |
| UNO Minda Ltd | Consumer Discretionary | Equity | 2.06% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.72% |
| Tech Mahindra Ltd | Technology | Equity | 1.71% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.62% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.60% |
| Info Edge (India) Ltd | Technology | Equity | 1.54% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 1.52% |
| Indusind Bank Ltd | Financial | Equity | 1.43% |
| Neuland Laboratories Ltd | Healthcare | Equity | 1.43% |
| Interglobe Aviation Ltd | Industrials | Equity | 1.38% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 1.29% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 1.28% |
| Dr. Lal Pathlabs Ltd | Healthcare | Equity | 1.27% |
| Trent Ltd | Consumer Discretionary | Equity | 1.26% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.26% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 1.20% |
| Godrej Properties Ltd | Real Estate | Equity | 1.14% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 1.13% |
| JK Cement Ltd | Materials | Equity | 1.12% |
| LTIMindtree Ltd | Technology | Equity | 1.11% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 1.05% |
| Grindwell Norton Ltd | Materials | Equity | 1.04% |
| Aarti Industries Ltd | Materials | Equity | 1.03% |
| Nestle India Ltd | Consumer Staples | Equity | 1.01% |
| Glaxosmithkline Pharmaceuticals Ltd | Healthcare | Equity | 1.01% |
| DOMS Industries Ltd. | Industrials | Equity | 0.98% |
| Indus Towers Ltd | Technology | Equity | 0.97% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.97% |
| Marico Ltd | Consumer Staples | Equity | 0.95% |
| Fortis Healthcare Ltd | Healthcare | Equity | 0.94% |
| Elgi Equipments Ltd | Industrials | Equity | 0.93% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.91% |
| Bandhan Bank Ltd | Financial | Equity | 0.91% |
| Voltas Ltd | Industrials | Equity | 0.89% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.88% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 0.77% |
| Arvind Fashions Ltd | Consumer Discretionary | Equity | 0.77% |
| Suzlon Energy Ltd | Industrials | Equity | 0.71% |
| L&T Finance Holdings Ltd | Financial | Equity | 0.45% |
| TATA CAPITAL LIMITED EQ | Financial | Equity | 0.40% |
| Cash Margin | Unspecified | Cash Margin | 0.03% |
| Net Payables | Unspecified | Net Payables | -0.05% |
See All
Minimum investments
Min. for 1st investment
₹500
Min. for 2nd investment
₹500
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | -8.4% | +7.1% | +7.9% | +11.9% |
| Category average (Equity ELSS) | -3.7% | +10.6% | +9.5% | +16.9% |
| Rank (Equity ELSS) | 33 | 33 | 27 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
NDNeelesh DhamnaskarFeb 2026 - PresentView details
ND
Neelesh Dhamnaskar
Feb 2026 - Present
View details
HKHemang KapasiSep 2026 - PresentView details
HK
Hemang Kapasi
Sep 2026 - Present
View details
About Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Neelesh Dhamnaskar is the Current Fund Manager of Mahindra Manulife ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 09 Oct 2026 is ₹30.82.
The Mahindra Manulife ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
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Investment Objective
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,