Mahindra Manulife ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.56 %
Expense Ratio
★★★
Rating
969
Fund Size (in Cr)
8 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 06 September 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 32.7% 18.3% 24.4% 16.6%
Category Average 37.1% 17.8% 22.6% -

Scheme Allocation

By Holding
By Sector
By Asset
8.78%
7.4%
6.31%
Others
69.55%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.78%
ICICI Bank Banks Equity 7.4%
Infosys IT - Software Equity 6.31%
Reliance Industr Refineries Equity 4.35%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.61%
TCS IT - Software Equity 3.07%
Hind. Unilever FMCG Equity 3.03%
St Bk of India Banks Equity 2.9%
NTPC Power Generation & Distribution Equity 2.55%
Axis Bank Banks Equity 2.48%
Indus Towers Telecomm Equipment & Infra Services Equity 2.27%
Voltas Consumer Durables Equity 2.25%
O N G C Crude Oil & Natural Gas Equity 2.14%
Britannia Inds. FMCG Equity 2.05%
Shree Cement Cement Equity 1.98%
Tata Motors Automobile Equity 1.86%
Asian Paints Paints/Varnish Equity 1.83%
Avenue Super. Retail Equity 1.75%
Maruti Suzuki Automobile Equity 1.53%
Crompton Gr. Con Consumer Durables Equity 1.53%
IndusInd Bank Banks Equity 1.52%
Kalpataru Proj. Infrastructure Developers & Operators Equity 1.47%
Wipro IT - Software Equity 1.47%
Honeywell Auto Electronics Equity 1.46%
Power Grid Corpn Power Generation & Distribution Equity 1.44%
Schaeffler India Bearings Equity 1.31%
Alembic Pharma Pharmaceuticals Equity 1.21%
Uno Minda Auto Ancillaries Equity 1.21%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.21%
Piramal Pharma Pharmaceuticals Equity 1.2%
Colgate-Palmoliv FMCG Equity 1.18%
H P C L Refineries Equity 1.14%
Page Industries Readymade Garments/ Apparells Equity 1.14%
L&T Finance Ltd Finance Equity 1.13%
J K Cements Cement Equity 1.12%
Navin Fluo.Intl. Chemicals Equity 1.11%
Restaurant Brand Quick Service Restaurant Equity 1.07%
Vinati Organics Chemicals Equity 1.05%
Bata India Leather Equity 1.05%
Graphite India Capital Goods-Non Electrical Equipment Equity 1.02%
Manappuram Fin. Finance Equity 1%
Delhivery Logistics Equity 0.93%
Kirl. Ferrous Steel Equity 0.91%
Gillette India FMCG Equity 0.91%
South Ind.Bank Banks Equity 0.89%
Finolex Inds. Plastic products Equity 0.83%
Samvardh. Mothe. Auto Ancillaries Equity 0.8%
Multi Comm. Exc. Financial Services Equity 0.8%
Glaxosmi. Pharma Pharmaceuticals Equity 0.75%
CG Power & Ind Capital Goods - Electrical Equipment Equity 0.64%
Gokaldas Exports Readymade Garments/ Apparells Equity 0.55%
LTIMindtree IT - Software Equity 0.13%
Banks
23.91%
IT-Software
12.13%
Consumer Durables
6.49%
Construction
5.24%
Automobiles
4.52%
Others
47.71%
View all Sectors
Sectors Asset
Banks 23.91%
IT-Software 12.13%
Consumer Durables 6.49%
Construction 5.24%
Automobiles 4.52%
Petroleum Products 4.35%
Power 4.05%
Diversified FMCG 3.98%
Pharmaceuticals & Biotech 3.65%
Cement & Cement Products 3.34%
Retailing 2.97%
Auto Components 2.9%
Telecom-Services 2.55%
Chemicals & Petrochemical 2.46%
Industrial Products 2.41%
Finance 2.2%
Oil 2.17%
Food Products 2.03%
Personal Products 2%
Industrial Manufacturing 1.57%
Leisure Services 1.06%
Agricultural Food & other 1.04%
Ferrous Metals 1.01%
Electrical Equipments 0.68%
Transport Services 0.61%
Debt 0.35%
Cash & Others 0.33%
Equity
97.32%
Reverse Repos
1.93%
Net Curr Ass/Net Receivables
0.75%

Advance Ratio

0.8
Alpha
3.63
SD
0.94
Beta
0.89
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. the Scheme does not guarantee or assure any returns.

Fund Managers

Fatema Pacha

Ms. Fatema Pacha has been an Equity Fund Manager in Mahindra Manulife Mutual Fund since September 2020. She has over 14 years of work experience in equity research and fund management. She holds a PGDBM (Finance) from SP Jain Institute of Management and Research and a B.E. (Computers) degree from Thadomal Shahani Engineering College. Ms. Fatema also worked for ICICI Prudential Life Insurance Company and UTI Mutual Fund before joining Mahindra Manulife Mutual Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park LBS Road, Kurla(w), Mumbai 400070
Contact:
022-66327900
Email ID:
mfinvestors@mahindra.com

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Frequently Asked Questions

How to invest in Mahindra Manulife ELSS Tax Saver Fund – Direct Growth ?

You can invest in Mahindra Manulife ELSS Tax Saver Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mahindra Manulife ELSS Tax Saver Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth ?

The NAV of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth is ₹33.2 as of 06 September 2024.

How to redeem Mahindra Manulife ELSS Tax Saver Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth?

The minimum SIP amount of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth is ₹500

What are the top sectors Mahindra Manulife ELSS Tax Saver Fund – Direct Growth has invested in?

The top sectors Mahindra Manulife ELSS Tax Saver Fund – Direct Growth has invested in are
  1. Banks - 23.91%
  2. IT-Software - 12.13%
  3. Consumer Durables - 6.49%
  4. Construction - 5.24%
  5. Automobiles - 4.52%

Can I make investments in both the SIP and Lump Sum schemes of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have Mahindra Manulife ELSS Tax Saver Fund – Direct Growth generated ?

The Mahindra Manulife ELSS Tax Saver Fund – Direct Growth has delivered 16.6% since inception

What is the expense ratio of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth ?

The expense ratio of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth is 0.56 % as of 06 September 2024.

What is the AUM of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth?

The AUM of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth is ₹22,564 Cr as of 06 September 2024

What are the top stock holdings of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth?

The top stock holdings of Mahindra Manulife ELSS Tax Saver Fund – Direct Growth are
  1. HDFC Bank - 8.78%
  2. ICICI Bank - 7.4%
  3. Infosys - 6.31%
  4. Reliance Industr - 4.35%
  5. Larsen & Toubro - 3.61%

How can I redeem my investments in Mahindra Manulife ELSS Tax Saver Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mahindra Manulife ELSS Tax Saver Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
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