Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
+9.89%
3Y annualised
-0.13% 1D
NAV: 21 Jul '26
₹32.96
Min. for SIP
₹500
Fund size (AUM)
₹884.16 Cr
Expense ratio
1.14%
Rating
3
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 (59)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 9.48% |
| HDFC Bank Ltd | Financial | Equity | 7.64% |
| Bharti Airtel Ltd | Technology | Equity | 4.23% |
| Bajaj Finance Ltd | Financial | Equity | 3.50% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 3.18% |
| Larsen & Toubro Ltd | Industrials | Equity | 3.05% |
| Infosys Ltd | Technology | Equity | 2.87% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 2.38% |
| Axis Bank Ltd | Financial | Equity | 2.37% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.26% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 2.23% |
| Tata Consultancy Services Ltd | Technology | Equity | 2.07% |
| Avenue Supermarts Ltd | Consumer Staples | Equity | 2.03% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 2.03% |
| UNO Minda Ltd | Consumer Discretionary | Equity | 1.80% |
| Zomato Ltd | Technology | Equity | 1.72% |
| Indusind Bank Ltd | Financial | Equity | 1.69% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.64% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 1.55% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.54% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 1.53% |
| Trent Ltd | Consumer Discretionary | Equity | 1.49% |
| Tech Mahindra Ltd | Technology | Equity | 1.48% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.45% |
| Repo | Unspecified | Repo | 1.40% |
| Interglobe Aviation Ltd | Industrials | Equity | 1.40% |
| TATA CAPITAL LIMITED EQ | Financial | Equity | 1.33% |
| Neuland Laboratories Ltd | Healthcare | Equity | 1.26% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.25% |
| Godrej Properties Ltd | Real Estate | Equity | 1.23% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 1.23% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 1.20% |
| Info Edge (India) Ltd | Technology | Equity | 1.16% |
| JK Cement Ltd | Materials | Equity | 1.12% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 1.12% |
| Fortis Healthcare Ltd | Healthcare | Equity | 1.10% |
| Grindwell Norton Ltd | Materials | Equity | 1.06% |
| Net Receivables | Unspecified | Net Receivables | 1.06% |
| Nestle India Ltd | Consumer Staples | Equity | 1.02% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 1.01% |
| Suzlon Energy Ltd | Industrials | Equity | 1.00% |
| Voltas Ltd | Industrials | Equity | 1.00% |
| DOMS Industries Ltd. | Industrials | Equity | 1.00% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.99% |
| Dr. Lal Pathlabs Ltd | Healthcare | Equity | 0.99% |
| L&T Finance Holdings Ltd | Financial | Equity | 0.98% |
| Bandhan Bank Ltd | Financial | Equity | 0.97% |
| Marico Ltd | Consumer Staples | Equity | 0.95% |
| Indus Towers Ltd | Technology | Equity | 0.95% |
| Aarti Industries Ltd | Materials | Equity | 0.93% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.91% |
| LTIMindtree Ltd | Technology | Equity | 0.91% |
| Arvind Fashions Ltd | Consumer Discretionary | Equity | 0.88% |
| Elgi Equipments Ltd | Industrials | Equity | 0.86% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.84% |
| Glaxosmithkline Pharmaceuticals Ltd | Healthcare | Equity | 0.83% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 0.81% |
| Others CBLO | Unspecified | CBLO | 0.02% |
| TVS Motor Company Ltd - Pref. Shares | Consumer Discretionary | Preference Shares | 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 | -2.0% | +9.9% | +12.1% | +13.0% |
| Category average (Equity ELSS) | +2.4% | +16.4% | +16.5% | -- |
| Rank (Equity ELSS) | 31 | 33 | 22 | -- |
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
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.09% | +21.92% | 4,861.86 | |
 | +3.24% | +17.66% | 473.58 | |
 | +0.12% | +17.09% | 31,839.34 | |
 | -1.69% | +14.89% | 15,685.17 | |
 | +1.99% | +10.91% | 6,911.29 | |
| Compare | ||||
Fund management
NDNeelesh DhamnaskarFeb 2026 - PresentView details
ND
Neelesh Dhamnaskar
Feb 2026 - Present
View details
FPFatema PachaOct 2020 - PresentView details
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. 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 21 Jul 2026 is ₹32.96.
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
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,