Mahindra Manulife ELSS Tax Saver Fund - Regular - IDCW Payout
Mahindra Manulife Mutual Fund
₹15.27 (+0.92%)
NAV as of 9 Oct 2026
Minimum Investment: ₹500
Return
-10.52% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 2.16%
- Exit load
- 0%
- Lock-in
- 3
- Minimum investment
- ₹500
- Category
- ELSS (Tax Savings)
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹966
Invested ₹1,000
▼-3.41%1 year
₹895
Invested ₹1,000
▼-10.52%3 years
₹1,050
Invested ₹1,000
▲+4.97%5 years
₹1,057
Invested ₹1,000
▲+5.72%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | BSE 500 India TR INR |
|---|---|
| Secondary Index Name | BSE 500 India TR INR |
| Index Name | Nifty 500 TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | -10.52% | +4.97% | +5.72% | — |
| Cumulative returns (%) | -10.52% | +15.67% | +32.05% | — |
Fund Manager
| Manager | Neelesh Dhamnaskar |
|---|---|
| Role | Manager |
| Manager Tenure | 0.62 yrs |
About Fund
| Date of Incorporation | 18 Oct 2016 |
|---|---|
| Fund House | Mahindra Manulife Mutual Fund |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Mahindra Manulife Investment Management Pvt. Ltd. |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| ICICI Bank Ltd | 9.90% |
| HDFC Bank Ltd | 6.71% |
| Bharti Airtel Ltd | 4.09% |
| Bajaj Finance Ltd | 3.64% |
| State Bank of India | 3.12% |
| Reliance Industries Ltd | 3.10% |
| Larsen & Toubro Ltd | 2.95% |
| Infosys Ltd | 2.58% |
| TVS Motor Co Ltd | 2.51% |
| Kotak Mahindra Bank Ltd | 2.39% |
| Maruti Suzuki India Ltd | 2.38% |
| Hindustan Unilever Ltd | 2.37% |
| Tata Consultancy Services Ltd | 2.35% |
| Avenue Supermarts Ltd | 2.32% |
| Axis Bank Ltd | 2.27% |
Investment Strategy
The investment objective of 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.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.