Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW)

₹ 500
Min SIP
₹ 500
Min Lumpsum
0.61 %
Expense Ratio
Rating
817
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 15 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 35.1% 22.5% 19% 15.4%
Category Average 38.7% 20% 17.3% -

Scheme Allocation

By Holding
By Sector
By Asset
8.77%
6.87%
4.92%
Others
70.73%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 8.77%
HDFC Bank Banks Equity 6.87%
Reliance Industr Refineries Equity 5.09%
Infosys IT - Software Equity 4.92%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.62%
IndusInd Bank Banks Equity 3.14%
TCS IT - Software Equity 3.11%
Maruti Suzuki Automobile Equity 2.79%
NTPC Power Generation & Distribution Equity 2.45%
St Bk of India Banks Equity 2.39%
Bajaj Finance Finance Equity 2.13%
Britannia Inds. FMCG Equity 2.04%
Voltas Consumer Durables Equity 1.9%
Shree Cement Cement Equity 1.81%
Indus Towers Telecomm Equipment & Infra Services Equity 1.78%
Hindalco Inds. Non Ferrous Metals Equity 1.64%
Hind. Unilever FMCG Equity 1.63%
Kalpataru Proj. Capital Goods - Electrical Equipment Equity 1.55%
Info Edg.(India) E-Commerce/App based Aggregator Equity 1.38%
Lupin Pharmaceuticals Equity 1.38%
O N G C Crude Oil & Natural Gas Equity 1.32%
Honeywell Auto Electronics Equity 1.32%
Asian Paints Paints/Varnish Equity 1.29%
Coal India Mining & Mineral products Equity 1.29%
Avenue Super. Retail Equity 1.27%
Union Bank (I) Banks Equity 1.27%
Uno Minda Auto Ancillaries Equity 1.26%
Piramal Pharma Pharmaceuticals Equity 1.26%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.26%
Alembic Pharma Pharmaceuticals Equity 1.25%
Crompton Gr. Con Consumer Durables Equity 1.22%
LTIMindtree IT - Software Equity 1.18%
Tata Motors-DVR Automobile Equity 1.15%
Firstsour.Solu. IT - Software Equity 1.1%
Restaurant Brand Quick Service Restaurant Equity 1.07%
Bank of Baroda Banks Equity 1.07%
Colgate-Palmoliv FMCG Equity 1.04%
Graphite India Capital Goods-Non Electrical Equipment Equity 1.03%
South Ind.Bank Banks Equity 1.02%
Delhivery Logistics Equity 1.01%
Schaeffler India Bearings Equity 0.99%
Indraprastha Gas Gas Distribution Equity 0.98%
Cyient IT - Software Equity 0.98%
Gillette India FMCG Equity 0.96%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 0.95%
Kirl. Ferrous Steel Equity 0.94%
DLF Realty Equity 0.93%
Vinati Organics Chemicals Equity 0.93%
Arvind Ltd Textiles Equity 0.92%
Wipro IT - Software Equity 0.92%
Marico Edible Oil Equity 0.91%
Glaxosmi. Pharma Pharmaceuticals Equity 0.81%
Ratnamani Metals Steel Equity 0.79%
Mahindra Logis. Logistics Equity 0.71%
H P C L Refineries Equity 0.57%
Thomas Cook (I) Miscellaneous Equity 0.32%
A B B Capital Goods - Electrical Equipment Equity 0.31%
V I P Inds. Plastic products Equity 0.24%
Jyoti CNC Auto. Capital Goods-Non Electrical Equipment Equity 0.23%
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
98.46%
Net Curr Ass/Net Receivables
1.54%

Advance Ratio

2.06
Alpha
3.7
SD
0.94
Beta
1.03
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 (IDCW) ?

You can invest in Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) 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 (IDCW) 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 (IDCW) ?

The NAV of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) is ₹20.6 as of 15 April 2024.

How to redeem Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) 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 (IDCW)?

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

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

The top sectors Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) 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 (IDCW)?

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

How much returns have Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) generated ?

The Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) has delivered 15.4% since inception

What is the expense ratio of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) ?

The expense ratio of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) is 0.61 % as of 15 April 2024.

What is the AUM of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW)?

The AUM of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) is ₹19,091 Cr as of 15 April 2024

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

The top stock holdings of Mahindra Manulife ELSS Tax Saver Fund – Direct (IDCW) are
  1. ICICI Bank - 8.77%
  2. HDFC Bank - 6.87%
  3. Reliance Industr - 5.09%
  4. Infosys - 4.92%
  5. Larsen & Toubro - 3.62%

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

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 (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now