Mahindra Manulife ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.6 %
Expense Ratio
★★★
Rating
866
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 11 June 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 34.8% 19.9% 20.2% 16%
Category Average 39.2% 18.7% 18.9% -

Scheme Allocation

By Holding
By Sector
By Asset
8.36%
7.57%
4.64%
Others
71.26%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.36%
ICICI Bank Banks Equity 7.57%
Infosys IT - Software Equity 4.64%
Larsen & Toubro Infrastructure Developers & Operators Equity 4.14%
Reliance Industr Refineries Equity 4.03%
St Bk of India Banks Equity 2.91%
Maruti Suzuki Automobile Equity 2.87%
Hind. Unilever FMCG Equity 2.85%
IndusInd Bank Banks Equity 2.79%
TCS IT - Software Equity 2.78%
Axis Bank Banks Equity 2.68%
NTPC Power Generation & Distribution Equity 2.47%
Britannia Inds. FMCG Equity 2.03%
Voltas Consumer Durables Equity 1.97%
Honeywell Auto Electronics Equity 1.66%
Shree Cement Cement Equity 1.64%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 1.55%
Indus Towers Telecomm Equipment & Infra Services Equity 1.53%
Crompton Gr. Con Consumer Durables Equity 1.5%
Uno Minda Auto Ancillaries Equity 1.48%
CG Power & Ind Capital Goods - Electrical Equipment Equity 1.44%
Avenue Super. Retail Equity 1.42%
Piramal Pharma Pharmaceuticals Equity 1.37%
LTIMindtree IT - Software Equity 1.33%
Bank of Baroda Banks Equity 1.32%
Hindalco Inds. Non Ferrous Metals Equity 1.27%
O N G C Crude Oil & Natural Gas Equity 1.23%
Asian Paints Paints/Varnish Equity 1.23%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.18%
Coal India Mining & Mineral products Equity 1.13%
Union Bank (I) Banks Equity 1.1%
Wipro IT - Software Equity 1.06%
Schaeffler India Bearings Equity 1.06%
South Ind.Bank Banks Equity 1.05%
Vinati Organics Chemicals Equity 1.04%
Marico Edible Oil Equity 1.03%
Glaxosmi. Pharma Pharmaceuticals Equity 1.03%
Kirl. Ferrous Steel Equity 1.02%
Tata Motors-DVR Automobile Equity 1.02%
Restaurant Brand Quick Service Restaurant Equity 1.02%
Arvind Ltd Textiles Equity 0.98%
Colgate-Palmoliv FMCG Equity 0.97%
Navin Fluo.Intl. Chemicals Equity 0.92%
Graphite India Capital Goods-Non Electrical Equipment Equity 0.91%
Gillette India FMCG Equity 0.91%
Ratnamani Metals Steel Equity 0.9%
Alembic Pharma Pharmaceuticals Equity 0.89%
L&T Finance Ltd Finance Equity 0.88%
Cyient IT - Software Equity 0.8%
DLF Realty Equity 0.8%
K P R Mill Ltd Readymade Garments/ Apparells Equity 0.8%
Delhivery Logistics Equity 0.76%
Mahindra Logis. Logistics Equity 0.71%
Thomas Cook (I) Miscellaneous Equity 0.66%
Finolex Inds. Plastic products Equity 0.47%
J K Cements Cement Equity 0.45%
Bharat Electron Aerospace & Defence Equity 0.43%
Banks
26.22%
IT-Software
10.12%
Construction
4.89%
Consumer Durables
4.79%
Petroleum Products
4.79%
Others
49.19%
View all Sectors
Sectors Asset
Banks 26.22%
IT-Software 10.12%
Construction 4.89%
Consumer Durables 4.79%
Petroleum Products 4.79%
Pharmaceuticals & Biotech 4.22%
Automobiles 3.84%
Auto Components 2.53%
Power 2.52%
Retailing 2.5%
Debt 2.18%
Textiles & Apparels 2.11%
Chemicals & Petrochemical 1.99%
Industrial Products 1.95%
Food Products 1.89%
Personal Products 1.89%
Non-Ferrous Metals 1.8%
Leisure Services 1.67%
Transport Services 1.67%
Cement & Cement Products 1.64%
Telecom-Services 1.57%
Electrical Equipments 1.55%
Diversified FMCG 1.53%
Industrial Manufacturing 1.47%
Oil 1.33%
Consumable Fuels 1.28%
Gas 1.02%
Ferrous Metals 1.01%
Finance 0.97%
Agricultural Food & other 0.91%
Realty 0.88%
IT-Services 0.84%
Cash & Others 0.43%
Equity
98.04%
Reverse Repos
1.66%
Net Curr Ass/Net Receivables
0.3%

Advance Ratio

2.04
Alpha
3.72
SD
0.94
Beta
1.1
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 ₹31 as of 11 June 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 - 26.22%
  2. IT-Software - 10.12%
  3. Construction - 4.89%
  4. Consumer Durables - 4.79%
  5. Petroleum Products - 4.79%

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% 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 0.6 % as of 11 June 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 ₹19,091 Cr as of 11 June 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 - 8.36%
  2. ICICI Bank - 7.57%
  3. Infosys - 4.64%
  4. Larsen & Toubro - 4.14%
  5. Reliance Industr - 4.03%

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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