Mahindra Manulife ELSS Fund – Direct Growth

Equity · ELSS
 · ★★★★
500
Min SIP
500
Min Lumpsum
0.67 %
Expense Ratio
★★★★
Rating
656
Fund Size (in Cr)
7 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 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 23% 29% 16.6% 14.4%
Category Average 19.5% 24.2% 14.8% -

Scheme Allocation

By Holding
By Sector
By Asset
8.38%
7.59%
5.33%
4.3%
Others
69.48%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 8.38%
ICICI Bank Banks Equity 7.59%
Infosys IT - Software Equity 5.33%
Reliance Industr Refineries Equity 4.92%
Axis Bank Banks Equity 4.3%
TCS IT - Software Equity 3.34%
Bajaj Finance Finance Equity 3.05%
Maruti Suzuki Automobile Equity 2.65%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.6%
NTPC Power Generation & Distribution Equity 2.14%
Hindalco Inds. Non Ferrous Metals Equity 1.93%
Federal Bank Banks Equity 1.93%
Asian Paints Paints/Varnish Equity 1.79%
IndusInd Bank Banks Equity 1.79%
Firstsour.Solu. IT - Software Equity 1.67%
Hind. Unilever FMCG Equity 1.65%
Arvind Ltd Textiles Equity 1.64%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.61%
Lupin Pharmaceuticals Equity 1.59%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 1.53%
Shree Cement Cement Equity 1.53%
Bharat Electron Electronics Equity 1.48%
Britannia Inds. FMCG Equity 1.46%
Aarti Industries Chemicals Equity 1.44%
Avalon Tech Consumer Durables Equity 1.4%
Union Bank (I) Banks Equity 1.37%
Schaeffler India Bearings Equity 1.35%
V I P Inds. Plastic products Equity 1.32%
M & M Fin. Serv. Finance Equity 1.32%
Marico FMCG Equity 1.3%
Ratnamani Metals Steel Equity 1.29%
Voltas Consumer Durables Equity 1.26%
Crompton Gr. Con Consumer Durables Equity 1.23%
Graphite India Capital Goods-Non Electrical Equipment Equity 1.14%
Alkem Lab Pharmaceuticals Equity 1.13%
V-Mart Retail Retail Equity 1.1%
Jio Financial Finance Equity 1.09%
Uno Minda Auto Ancillaries Equity 1.07%
JK Lakshmi Cem. Cement Equity 1.07%
Hero Motocorp Automobile Equity 1.04%
Alembic Pharma Pharmaceuticals Equity 1.01%
Ingersoll-Rand Capital Goods-Non Electrical Equipment Equity 0.98%
Honeywell Auto Electronics Equity 0.98%
Vinati Organics Chemicals Equity 0.95%
UltraTech Cem. Cement Equity 0.93%
Godrej Propert. Realty Equity 0.83%
DLF Realty Equity 0.76%
Astral Plastic products Equity 0.73%
Gillette India FMCG Equity 0.72%
Volt.Transform. Capital Goods - Electrical Equipment Equity 0.68%
Trent Retail Equity 0.62%
HDFC Life Insur. Insurance Equity 0.56%
LTIMindtree IT - Software Equity 0.55%
Metro Brands Leather Equity 0.54%
Century Plyboard Miscellaneous Equity 0.19%
Banks
25.1%
IT-Software
8.74%
Consumer Durables
5.45%
Petroleum Products
5.27%
Finance
4.46%
Others
50.98%
View all Sectors
Sectors Asset
Banks 25.1%
IT-Software 8.74%
Consumer Durables 5.45%
Petroleum Products 5.27%
Finance 4.46%
Construction 4.08%
Pharmaceuticals & Biotech 4.04%
Automobiles 3.99%
Industrial Products 3.61%
Cement & Cement Products 3.48%
Electrical Equipments 2.9%
Textiles & Apparels 2.67%
Auto Components 2.47%
Realty 2.28%
Power 2.14%
Non-Ferrous Metals 1.96%
Chemicals & Petrochemical 1.94%
Diversified FMCG 1.7%
Retailing 1.68%
Cash & Others 1.58%
Capital Markets 1.58%
Commercial Services & Sup 1.49%
Aerospace & Defense 1.47%
Food Products 1.42%
Agricultural Food & other 1.3%
Industrial Manufacturing 1.07%
Healthcare Services 0.95%
Debt 0.61%
Insurance 0.57%
Equity
97.85%
Net Curr Ass/Net Receivables
1.16%
Reverse Repos
0.99%
Others
0%

Advance Ratio

4.18
Alpha
4.12
SD
0.96
Beta
1.77
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

Frequently Asked Questions

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

You can invest in Mahindra Manulife ELSS 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 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 Fund – Direct Growth ?

The NAV of Mahindra Manulife ELSS Fund – Direct Growth is ₹25.3 as of 29 September 2023.

How to redeem Mahindra Manulife ELSS 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 Fund – Direct Growth?

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

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

The top sectors Mahindra Manulife ELSS Fund – Direct Growth has invested in are
  1. Banks - 25.1%
  2. IT-Software - 8.74%
  3. Consumer Durables - 5.45%
  4. Petroleum Products - 5.27%
  5. Finance - 4.46%

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

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

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

The Mahindra Manulife ELSS Fund – Direct Growth has delivered 14.4% since inception

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

The expense ratio of Mahindra Manulife ELSS Fund – Direct Growth is 0.67 % as of 29 September 2023.

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

The AUM of Mahindra Manulife ELSS Fund – Direct Growth is ₹10,262 Cr as of 29 September 2023

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

The top stock holdings of Mahindra Manulife ELSS Fund – Direct Growth are
  1. HDFC Bank - 8.38%
  2. ICICI Bank - 7.59%
  3. Infosys - 5.33%
  4. Reliance Industr - 4.92%
  5. Axis Bank - 4.3%

How can I redeem my investments in Mahindra Manulife ELSS 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 Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now