Mutual Fund Details

Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW

Name: Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW
Brand: Mahindra Manulife Mutual Fund

Tax Saver ELSS

NAV

₹23.6888

as on 26 Jul 2024, 10:45 PM

₹0.3011(1.29%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Fatema Pacha

Manish Lodha

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,66,225

₹1,74,761

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹74,761

Profit (absolute return)

74.76%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

11.15%

In the last 6 months

18.61%

In the last 1 year

34.03%

In the last 3 years

74.76%

In the last 5 years

184.35%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW

as of 30 Jun 2024, 05:30 AM

₹923.25 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.57%

Expense Ratio

Plan

Dividend

2.51%

Cash Holding

Benchmark

NIFTY 500 Total Return Index

Scheme Document

View

Benchmark

NIFTY 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Sector

Financial

26.81%

₹247.52 Cr

Technology

12.06%

₹111.34 Cr

Energy

9.39%

₹86.69 Cr

Consumer Staples

7.69%

₹71.00 Cr

Capital Goods

6.22%

₹57.43 Cr

Others

37.83%

₹349.27 Cr

View All

Sectors Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Sector

Financial

26.81%

₹247.52 Cr

Technology

12.06%

₹111.34 Cr

Energy

9.39%

₹86.69 Cr

Consumer Staples

7.69%

₹71.00 Cr

Capital Goods

6.22%

₹57.43 Cr

Others

37.83%

₹349.27 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

HDFC Bank Ltd.

9.08%

₹83.83 Cr

ICICI Bank Ltd.

7.61%

₹70.26 Cr

Infosys Ltd.

5.36%

₹49.49 Cr

Reliance Industries Ltd.

4.75%

₹43.85 Cr

Larsen & Toubro Ltd.

3.47%

₹32.04 Cr

Others

69.73%

₹643.78 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Jun 2024

Sort By

Value

Company

HDFC Bank Ltd.

9.08%

₹83.83 Cr

ICICI Bank Ltd.

7.61%

₹70.26 Cr

Infosys Ltd.

5.36%

₹49.49 Cr

Reliance Industries Ltd.

4.75%

₹43.85 Cr

Larsen & Toubro Ltd.

3.47%

₹32.04 Cr

Others

69.73%

₹643.78 Cr

View All

Funds in this Category

This fund's returns:

20.39%

Return Duration

3 Years

SBI Long Term Equity Fund Direct Plan-Growth

Quant ELSS Tax Saver Fund Direct-Growth

HDFC ELSS Tax Saver Direct Plan-Growth

About Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW

Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW is a Tax Saver mutual fund scheme from Mahindra Manulife Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Fatema Pacha and Manish Lodha. It has an AUM of ₹923.25 Crores and the latest NAV decalared is ₹23.689 as on 27 Jul 2024 at 7:16 am.

Mahindra Manulife ELSS Tax Saver Fund Direct -IDCW scheme return performance in last 1 year is 34.03%, in last 3 years is 74.76% and 249.43% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.

Scheme Details

AUM:	₹923.25 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.