Mahindra Manulife ELSS Tax Saver Fund Direct Growth

Mahindra Manulife ELSS Tax Saver Fund Direct Growth

ELSS • 3Y Lock-in
Equity
ELSS
Very High Risk
+16.64%
3Y annualised
+0.33% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Jan '26
₹34.14
Min. SIP amount
₹500
Fund size
₹973.16 Cr
Expense ratio
0.61%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹58,977
-1.70%
3 years₹1,80,000₹2,19,595
+22.00%
5 years₹3,00,000₹4,65,170
+55.06%

Holdings (66)

NameSectorInstrumentsAssets
HDFC Bank Ltd.FinancialEquity7.89%
ICICI Bank Ltd.FinancialEquity7.47%
Reliance Industries Ltd.EnergyEquity5.66%
Infosys Ltd.TechnologyEquity4.72%
Tata Consultancy Services Ltd.TechnologyEquity3.60%
Axis Bank Ltd.FinancialEquity3.51%
Larsen & Toubro Ltd.ConstructionEquity3.43%
Bajaj Finance Ltd.FinancialEquity3.40%
State Bank of IndiaFinancialEquity2.73%
Hindustan Unilever Ltd.Consumer StaplesEquity2.67%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity2.41%
Bharti Airtel Ltd.CommunicationEquity1.95%
Ultratech Cement Ltd.ConstructionEquity1.84%
Titan Company Ltd.Consumer DiscretionaryEquity1.83%
Indusind Bank Ltd.FinancialEquity1.71%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity1.46%
Tech Mahindra Ltd.TechnologyEquity1.44%
Indus Towers Ltd.CommunicationEquity1.36%
Britannia Industries Ltd.Consumer StaplesEquity1.33%
Asian Paints Ltd.ChemicalsEquity1.28%
TVS Motor Company Ltd.AutomobileEquity1.24%
Info Edge (India) Ltd.ServicesEquity1.20%
Maruti Suzuki India Ltd.AutomobileEquity1.17%
UNO Minda Ltd.AutomobileEquity1.14%
Tata Motors Ltd.AutomobileEquity1.10%
Tata Power Company Ltd.EnergyEquity1.08%
Mankind Pharma Ltd.HealthcareEquity1.06%
LTIMindtree Ltd.TechnologyEquity1.06%
Jyoti CNC Automation Ltd.Capital GoodsEquity1.04%
Dr. Reddy's Laboratories Ltd.HealthcareEquity1.01%
Page Industries Ltd.TextilesEquity1.00%
Tata Capital Ltd.FinancialEquity0.99%
Voltas Ltd.Consumer DiscretionaryEquity0.96%
Swiggy Ltd.ServicesEquity0.96%
Tata Steel Ltd.Metals & MiningEquity0.95%
Jubilant FoodWorks Ltd.ServicesEquity0.95%
Devyani International Ltd.ServicesEquity0.95%
DOMS Industries Ltd.Consumer StaplesEquity0.95%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.94%
Avenue Supermarts Ltd.ServicesEquity0.93%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.93%
Cipla Ltd.HealthcareEquity0.93%
Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity0.92%
Neuland Laboratories Ltd.HealthcareEquity0.89%
Godrej Properties Ltd.ConstructionEquity0.87%
SBI Cards And Payment Services Ltd.FinancialEquity0.81%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.80%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity0.78%
Dixon Technologies (India) Ltd.Capital GoodsEquity0.77%
Astral Ltd.ChemicalsEquity0.75%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.74%
Navin Fluorine International Ltd.ChemicalsEquity0.73%
Arvind Fashions Ltd.TextilesEquity0.72%
Vinati Organics Ltd.ChemicalsEquity0.72%
VIP Industries Ltd.Consumer DiscretionaryEquity0.67%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.64%
Bata India Ltd.Consumer StaplesEquity0.63%
Gokaldas Exports Ltd.TextilesEquity0.61%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.54%
Havells India Ltd.Capital GoodsEquity0.44%
Billionbrains Garage Ventures Ltd.FinancialEquity0.32%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity0.25%
GHCL Ltd.ChemicalsEquity0.15%
Kwality Walls India Ltd.Consumer StaplesEquity0.05%
Wakefit Innovations Ltd.Consumer DiscretionaryEquity0.05%
TVS Motor Company Ltd - Pref. SharesAutomobilePref. Shares0.02%
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
Name1Y3Y5YAll
Fund returns+10.7%+16.6%+17.4%+14.2%
Category average (Equity ELSS)+2.4%+16.4%+16.5%--
Rank (Equity ELSS)82111--

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

FP
Fatema Pacha
Oct 2020 - 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. Fatema Pacha 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 16 Jan 2026 is ₹34.14. 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. ;

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
Phone022-66327900
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,