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Mahindra Manulife ELSS Tax Saver Fund Direct Growth
+7.51%
3Y annualised
+0.66% 1D
NAV: 18 Sep '26
₹32.00
Min. for SIP
₹500
Fund size (AUM)
₹894.74 Cr
Expense ratio
1.06%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹29,020 | -3.27% | |
| 1 year | ₹60,000 | ₹57,448 | -4.25% | |
| 3 years | ₹1,80,000 | ₹1,89,585 | +5.33% | |
| 5 years | ₹3,00,000 | ₹3,74,313 | +24.77% |
Holdings (58)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 9.90% |
| HDFC Bank Ltd | Financial | Equity | 6.71% |
| Bharti Airtel Ltd | Technology | Equity | 4.09% |
| Repo | Unspecified | Repo | 3.88% |
| Bajaj Finance Ltd | Financial | Equity | 3.64% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.10% |
| Larsen & Toubro Ltd | Industrials | Equity | 2.95% |
| Infosys Ltd | Technology | Equity | 2.58% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 2.51% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.39% |
| Axis Bank Ltd | Financial | Equity | 2.27% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 2.26% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 2.24% |
| Zomato Ltd | Technology | Equity | 2.11% |
| UNO Minda Ltd | Consumer Discretionary | Equity | 2.08% |
| Avenue Supermarts Ltd | Consumer Staples | Equity | 1.96% |
| Indusind Bank Ltd | Financial | Equity | 1.84% |
| Tech Mahindra Ltd | Technology | Equity | 1.69% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.67% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.62% |
| Neuland Laboratories Ltd | Healthcare | Equity | 1.54% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.54% |
| Info Edge (India) Ltd | Technology | Equity | 1.53% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 1.37% |
| Interglobe Aviation Ltd | Industrials | Equity | 1.35% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 1.33% |
| TATA CAPITAL LIMITED EQ | Financial | Equity | 1.32% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.32% |
| Godrej Properties Ltd | Real Estate | Equity | 1.31% |
| Trent Ltd | Consumer Discretionary | Equity | 1.29% |
| LTIMindtree Ltd | Technology | Equity | 1.15% |
| Dr. Lal Pathlabs Ltd | Healthcare | Equity | 1.15% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 1.11% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 1.09% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 1.07% |
| Nestle India Ltd | Consumer Staples | Equity | 1.07% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 1.06% |
| Aarti Industries Ltd | Materials | Equity | 1.05% |
| JK Cement Ltd | Materials | Equity | 1.05% |
| Fortis Healthcare Ltd | Healthcare | Equity | 1.03% |
| Glaxosmithkline Pharmaceuticals Ltd | Healthcare | Equity | 1.03% |
| L&T Finance Holdings Ltd | Financial | Equity | 1.00% |
| Grindwell Norton Ltd | Materials | Equity | 0.98% |
| DOMS Industries Ltd. | Industrials | Equity | 0.96% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.95% |
| Indus Towers Ltd | Technology | Equity | 0.93% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.92% |
| Voltas Ltd | Industrials | Equity | 0.92% |
| Marico Ltd | Consumer Staples | Equity | 0.92% |
| Elgi Equipments Ltd | Industrials | Equity | 0.89% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.85% |
| Arvind Fashions Ltd | Consumer Discretionary | Equity | 0.83% |
| Suzlon Energy Ltd | Industrials | Equity | 0.80% |
| Bandhan Bank Ltd | Financial | Equity | 0.77% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 0.77% |
| Net Receivables | Unspecified | Net Receivables | 0.21% |
| TVS Motor Company Ltd - Pref. Shares | Consumer Discretionary | Preference Shares | 0.02% |
| Cash Margin | Unspecified | Cash Margin | 0.02% |
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
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | -6.5% | +7.5% | +9.2% | +12.4% |
| Category average (Equity ELSS) | +2.4% | +16.4% | +16.5% | -- |
| Rank (Equity ELSS) | 34 | 34 | 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
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 18 Sep 2026 is ₹32.00.
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,