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Mahindra Manulife ELSS Tax Saver Fund Direct -Growth

Previously called: Mahindra Manulife ELSS Direct-G

NAV as of Oct 20, 2025Returns since inceptionET Money RankAUM (Fund size)
14.66% p.a.
App exclusive play store apple store
942 Cr

Historical NAV & returns

NAV: ₹34.3663 as on Oct 20, 2025
This fund Category average
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This fund Category average

Mahindra Manulife ELSS Tax Saver Fund overview

Expense ratio0.62% as on Sep 30, 2025
Exit load0%
AUM (Fund size)942 Cr
Lock-in Period3 Years
Age9 yrs 2 m since Aug 22, 2016
BenchmarkNIFTY 500 TRI
Min. investment

SIP: 500 & Lumpsum: 1000

RiskVery HighVery High Risk
Short term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mahindra Manulife ELSS Tax Saver Fund Returns calculator

Investment type
Investment period
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
  • Total investment ₹ 12 lakh
  • Profit ₹12 lakhs
  • Total corpus ₹1 lakh
  • Absolute return 52.69%

Trailing returns as on Oct 25, 2025

PeriodThis fundCategory average
1 Month 2.93% 2.75%
3 Months 3.51% 3.12%
6 Months 8.94% 9.36%
1 Year 9.03% 6.01%
2 Years 18.74% 21.05%
3 Years 17.3% 18.87%
4 Years 13.14% 14.03%
5 Years 22.86% 22.33%
7 Years 17.65% 18.17%

Asset allocationas on Sep 30, 2025

Large Cap 74.15%

Mid Cap 12.39%

Small Cap 10.45%

Other Cap 0%

Top sectors

Financial 31.270000000000003%

Technology 8.73%

Energy 6.91%

Consumer Staples 5.52%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 2.59%

Net Receivables 0.42%

Other Holdings

Others 0.42%

Key risk & return ratios Compared to other funds in the category

Alpha 1.4 vs. 5.46 Underperformed at beating benchmark
Sharpe 0.83 vs. 5.91 Poor risk-adjusted returns
Beta 0.89 vs. 0.94 Less sensitive to market ups & downs
Standard deviation 11.94 vs. 11.88 More volatile performance

Compare Mahindra Manulife ELSS Tax Saver Fund in detail with

ET Money rank

in ELSS
#NA
Ranking for this fund is unavailable.
  • Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
  • Exit Load: This fund has no exit load.
  • Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
  • Chance: This fund has generated only 13.39% annual return in 70% of times for investors holding for at least 5 years.