Mahindra Manulife ELSS Tax Saver Fund – Direct Growth

Equity · ELSS
 · ★★★
₹ 500
Min SIP
₹ 500
Min Lumpsum
0.61 %
Expense Ratio
★★★
Rating
817
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 10 May 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 31.3% 20.4% 19.8% 15.2%
Category Average 33.7% 18.6% 18.4% -

Scheme Allocation

By Holding
By Sector
By Asset
7.65%
7.25%
4.73%
Others
72.29%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 7.65%
ICICI Bank Banks Equity 7.25%
Reliance Industr Refineries Equity 4.79%
Infosys IT - Software Equity 4.73%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.29%
St Bk of India Banks Equity 2.93%
TCS IT - Software Equity 2.92%
IndusInd Bank Banks Equity 2.92%
Maruti Suzuki Automobile Equity 2.7%
NTPC Power Generation & Distribution Equity 2.52%
Axis Bank Banks Equity 2.21%
Voltas Consumer Durables Equity 2.16%
Britannia Inds. FMCG Equity 1.89%
Hindalco Inds. Non Ferrous Metals Equity 1.8%
Shree Cement Cement Equity 1.64%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 1.6%
Indus Towers Telecomm Equipment & Infra Services Equity 1.57%
Hind. Unilever FMCG Equity 1.53%
Honeywell Auto Electronics Equity 1.47%
Bank of Baroda Banks Equity 1.41%
Crompton Gr. Con Consumer Durables Equity 1.39%
LTIMindtree IT - Software Equity 1.34%
Piramal Pharma Pharmaceuticals Equity 1.34%
O N G C Crude Oil & Natural Gas Equity 1.33%
Uno Minda Auto Ancillaries Equity 1.3%
Coal India Mining & Mineral products Equity 1.28%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.27%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 1.25%
Asian Paints Paints/Varnish Equity 1.24%
Avenue Super. Retail Equity 1.23%
Schaeffler India Bearings Equity 1.23%
Tata Motors-DVR Automobile Equity 1.14%
Wipro IT - Software Equity 1.13%
Graphite India Capital Goods-Non Electrical Equipment Equity 1.1%
South Ind.Bank Banks Equity 1.1%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.09%
Lupin Pharmaceuticals Equity 1.07%
Colgate-Palmoliv FMCG Equity 1.04%
Arvind Ltd Textiles Equity 1.02%
Indraprastha Gas Gas Distribution Equity 1.02%
Kirl. Ferrous Steel Equity 1.01%
Restaurant Brand Quick Service Restaurant Equity 1.01%
Navin Fluo.Intl. Chemicals Equity 1%
Vinati Organics Chemicals Equity 0.99%
Alembic Pharma Pharmaceuticals Equity 0.98%
L&T Finance Ltd Finance Equity 0.97%
Marico Edible Oil Equity 0.91%
Delhivery Logistics Equity 0.89%
DLF Realty Equity 0.88%
Gillette India FMCG Equity 0.85%
Ratnamani Metals Steel Equity 0.85%
Cyient IT - Software Equity 0.84%
Glaxosmi. Pharma Pharmaceuticals Equity 0.83%
Mahindra Logis. Logistics Equity 0.78%
Union Bank (I) Banks Equity 0.75%
Thomas Cook (I) Miscellaneous Equity 0.66%
A B B Capital Goods - Electrical Equipment Equity 0.3%
Banks
23.66%
IT-Software
10.33%
Petroleum Products
6.45%
Consumer Durables
5.56%
Pharmaceuticals & Biotech
5.38%
Others
48.62%
View all Sectors
Sectors Asset
Banks 23.66%
IT-Software 10.33%
Petroleum Products 6.45%
Consumer Durables 5.56%
Pharmaceuticals & Biotech 5.38%
Construction 4.34%
Automobiles 3.38%
Finance 2.8%
Retailing 2.37%
Auto Components 2.13%
Textiles & Apparels 2.11%
Industrial Products 1.97%
Food Products 1.97%
Personal Products 1.88%
Transport Services 1.88%
Cement & Cement Products 1.86%
Diversified FMCG 1.8%
Telecom-Services 1.69%
Power 1.68%
Electrical Equipments 1.64%
Industrial Manufacturing 1.42%
Oil 1.35%
Non-Ferrous Metals 1.33%
Ferrous Metals 1.29%
Realty 1.2%
Commercial Services & Sup 1.17%
Consumable Fuels 1.12%
Chemicals & Petrochemical 1.09%
IT-Services 1.02%
Leisure Services 1.01%
Gas 1%
Agricultural Food & other 0.99%
Debt 0.83%
Cash & Others 0.22%
Equity
97.4%
Reverse Repos
2.18%
Net Curr Ass/Net Receivables
0.43%

Advance Ratio

1.72
Alpha
3.7
SD
0.94
Beta
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 ₹29.2 as of 10 May 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 - 23.66%
  2. IT-Software - 10.33%
  3. Petroleum Products - 6.45%
  4. Consumer Durables - 5.56%
  5. Pharmaceuticals & Biotech - 5.38%

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 15.2% 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 0.61 % as of 10 May 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 10 May 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 - 7.65%
  2. ICICI Bank - 7.25%
  3. Reliance Industr - 4.79%
  4. Infosys - 4.73%
  5. Larsen & Toubro - 3.29%

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.
Invest Now