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Mahindra Manulife ELSS Tax Saver Fund - Direct Plan
3 Year Absolute Returns
34.67% ↑
NAV (₹) on 09 Mar 2026
21.59
1 Day NAV Change
-1.87%
Risk Level
Very High Risk
Rating
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan is a Equity mutual fund categorized under ELSS, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 22 Aug 2016, investors can ... Read more
NAV History
Fund Details
Min. SIP Amount
₹500
Inception Date
22 Aug 2016
Min. Lumpsum Amount
₹ 500
Fund Age
9 Yrs
AUM
₹ 936.40 Cr.
Benchmark
Nifty 200 Total Return
Expense Ratio
0.62%
Scheme Type
Open Ended
Exit Load
Nil%
Returns Calculator
Investment amount per month
₹1,000
Over the past
Would have become
On total investment of
*Calculation based on past performance of this fund.
Asset Allocation
AUM
₹ 936.40 Cr
Equity
97.88%
Money Market & Cash
1.7%
Other Assets & Liabilities
0.42%
Sector Holdings
| Sectors | Weightage |
|---|---|
| Finance - Banks - Private Sector | 23.69% |
| IT Consulting & Software | 8.19% |
| Non-Banking Financial Company (NBFC) | 5.88% |
| Refineries | 5.50% |
| Construction, Contracting & Engineering | 3.98% |
| Textiles - Readymade Apparels | 3.75% |
| Telecom Services | 3.07% |
| Personal Care | 2.87% |
| Cement | 2.84% |
| Finance - Banks - Public Sector | 2.63% |
| Pharmaceuticals | 2.28% |
| Auto - 2 & 3 Wheelers | 2.20% |
| Consumer Electronics | 2.08% |
| Power - Generation/Distribution | 1.98% |
| Finance - Life Insurance | 1.83% |
| Food Processing & Packaging | 1.74% |
| Treps/Reverse Repo | 1.70% |
| Gems, Jewellery & Precious Metals | 1.50% |
| Domestic Appliances | 1.45% |
| Hotels, Resorts & Restaurants | 1.15% |
| Chemicals - Organic - Benzene Based | 1.13% |
| Internet & Catalogue Retail | 1.12% |
| Cigarettes & Tobacco Products | 1.10% |
| Auto Ancl - Electrical | 1.10% |
| Power - Transmission/Equipment | 1.08% |
| Paints/Varnishes | 1.04% |
| Airlines | 1.03% |
| Retail - Departmental Stores | 1.02% |
| Footwears | 1.02% |
| Finance & Investments | 0.99% |
| Exchange Platform | 0.99% |
| Chemicals - Others | 0.89% |
| Engineering - Heavy | 0.89% |
| Bearings | 0.88% |
| Packaging & Containers | 0.87% |
| Electric Equipment - General | 0.84% |
| Aluminium | 0.79% |
| Printing/Publishing/Stationery | 0.77% |
| Hospitals & Medical Services | 0.68% |
| Chemicals - Inorganic - Caustic Soda/Soda Ash | 0.59% |
| Plastics - Pipes & Fittings | 0.45% |
| Net Receivables/(Payables) | 0.42% |
Stock Holdings
| Name | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|
| HDFC Bank Limited | 9.13% | ₹ 86.74 | Finance - Banks - Private Sector |
| ICICI Bank Limited | 8.75% | ₹ 83.15 | Finance - Banks - Private Sector |
| Reliance Industries Limited | 5.50% | ₹ 52.25 | Refineries |
| Larsen & Toubro Limited | 3.98% | ₹ 37.77 | Construction, Contracting & Engineering |
| Axis Bank Limited | 3.95% | ₹ 37.55 | Finance - Banks - Private Sector |
| Infosys Limited | 3.78% | ₹ 35.86 | IT Consulting & Software |
| Tata Consultancy Services Limited | 3.41% | ₹ 32.37 | IT Consulting & Software |
| Bharti Airtel Limited | 3.07% | ₹ 29.14 | Telecom Services |
| Hindustan Unilever Limited | 2.87% | ₹ 27.24 | Personal Care |
| State Bank of India | 2.63% | ₹ 25.02 | Finance - Banks - Public Sector |
| Bajaj Finance Limited | 2.56% | ₹ 24.33 | Non-Banking Financial Company (NBFC) |
| Cholamandalam Investment and Finance Company Limited | 2.22% | ₹ 21.13 | Non-Banking Financial Company (NBFC) |
| UltraTech Cement Limited | 1.99% | ₹ 18.94 | Cement |
| Tata Power Company Limited | 1.98% | ₹ 18.85 | Power - Generation/Distribution |
| ICICI Prudential Life Insurance Company Limited | 1.83% | ₹ 17.42 | Finance - Life Insurance |
| Britannia Industries Limited | 1.74% | ₹ 16.53 | Food Processing & Packaging |
| Triparty Repo | 1.70% | ₹ 16.18 | Others |
| Page Industries Limited | 1.61% | ₹ 15.31 | Textiles - Readymade Apparels |
| Voltas Limited | 1.60% | ₹ 15.15 | Consumer Electronics |
| Titan Company Limited | 1.50% | ₹ 14.22 | Gems, Jewellery & Precious Metals |
| Crompton Greaves Consumer Electricals Limited | 1.45% | ₹ 13.80 | Domestic Appliances |
| Cipla Limited | 1.38% | ₹ 13.14 | Pharmaceuticals |
| TVS Motor Company Limited | 1.30% | ₹ 12.36 | Auto - 2 & 3 Wheelers |
| IndusInd Bank Limited | 1.16% | ₹ 10.98 | Finance - Banks - Private Sector |
| Arvind Fashions Limited | 1.15% | ₹ 10.89 | Textiles - Readymade Apparels |
| Vinati Organics Limited | 1.13% | ₹ 10.70 | Chemicals - Organic - Benzene Based |
| Info Edge India Ltd | 1.12% | ₹ 10.63 | Internet & Catalogue Retail |
| Jio Financial Services Limited | 1.10% | ₹ 10.41 | Non-Banking Financial Company (NBFC) |
| UNO Minda Limited | 1.10% | ₹ 10.47 | Auto Ancl - Electrical |
| ITC Limited | 1.10% | ₹ 10.45 | Cigarettes & Tobacco Products |
| Kalpataru Projects International Limited | 1.08% | ₹ 10.25 | Power - Transmission/Equipment |
| Asian Paints Limited | 1.04% | ₹ 9.86 | Paints/Varnishes |
| InterGlobe Aviation Limited | 1.03% | ₹ 9.81 | Airlines |
| Bata India Limited | 1.02% | ₹ 9.73 | Footwears |
| Avenue Supermarts Limited | 1.02% | ₹ 9.64 | Retail - Departmental Stores |
| LTIMindtree Limited | 1.00% | ₹ 9.46 | IT Consulting & Software |
| Gokaldas Exports Limited | 0.99% | ₹ 9.41 | Textiles - Readymade Apparels |
| Multi Commodity Exchange of India Limited | 0.99% | ₹ 9.39 | Exchange Platform |
| Eicher Motors Limited | 0.90% | ₹ 8.53 | Auto - 2 & 3 Wheelers |
| GlaxoSmithKline Pharmaceuticals Limited | 0.90% | ₹ 8.58 | Pharmaceuticals |
| Navin Fluorine International Limited | 0.89% | ₹ 8.44 | Chemicals - Others |
| Jyoti CNC Automation Ltd | 0.89% | ₹ 8.42 | Engineering - Heavy |
| Schaeffler India Limited | 0.88% | ₹ 8.38 | Bearings |
| VIP Industries Limited | 0.87% | ₹ 8.29 | Packaging & Containers |
| JK Cement Limited | 0.85% | ₹ 8.03 | Cement |
| CG Power and Industrial Solutions Limited | 0.84% | ₹ 8.02 | Electric Equipment - General |
| L&T Finance Limited | 0.79% | ₹ 7.49 | Finance & Investments |
| Hindalco Industries Limited | 0.79% | ₹ 7.54 | Aluminium |
| Doms Industries Limited | 0.77% | ₹ 7.35 | Printing/Publishing/Stationery |
| Kotak Mahindra Bank Limited | 0.70% | ₹ 6.64 | Finance - Banks - Private Sector |
| Max Healthcare Institute Limited | 0.68% | ₹ 6.41 | Hospitals & Medical Services |
| Devyani International Limited | 0.67% | ₹ 6.38 | Hotels, Resorts & Restaurants |
| GHCL Limited | 0.59% | ₹ 5.57 | Chemicals - Inorganic - Caustic Soda/Soda Ash |
| Jubilant Foodworks Limited | 0.48% | ₹ 4.59 | Hotels, Resorts & Restaurants |
| Havells India Limited | 0.48% | ₹ 4.58 | Consumer Electronics |
| Astral Limited | 0.45% | ₹ 4.24 | Plastics - Pipes & Fittings |
| Net Receivables / (Payables) | 0.42% | ₹ 3.95 | Others |
| Aditya Birla Capital Limited | 0.20% | ₹ 1.89 | Finance & Investments |
Returns
| Annualised returns | ||||
|---|---|---|---|---|
| 9M | 1Y | 2Y | 3Y | |
| Fund returns | -4.72% | 2.73% | 0.41% | 10.43% |
| Category returns | -6.16% | 7.23% | 9.53% | 50.29% |
AMC Details
Name
Mahindra Manulife Investment Management Pvt. Ltd.
Date of Incorporation
04 Feb 2016
CEO
Mr. Anthony Heredia
CIO
Mr. Rahul Pal, Mr. Krishna Sanghavi
Type
Pvt.Sector-Joint Venture (Indian)
Address
1st Floor, Sadhana House,
Behind Mahindra Tower,
570 P. B. Marg,
Worli, Mumbai, Maharashtra, India - 400018
Website
http://www.mahindramutualfund.com
Email
Top Funds from Equity - ELSS
|
Scheme Name
|
NAV
|
Returns
1Y
3Y
5Y
|
AUM (Cr)
|
Expense Ratio
|
Risk Meter
|
||
|---|---|---|---|---|---|---|---|
|
Shriram ELSS Tax Saver Fund
ELSS
Regular
|
₹19.82 | 4.75% | 31.20% | 46.75% | ₹47 | 2.33% |
Very High
|
|
Shriram ELSS Tax Saver Fund
ELSS
Regular
|
₹19.82 | 4.77% | 31.10% | 46.64% | ₹47 | 2.33% |
Very High
|
|
Canara Robeco ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹73.55 | 4.91% | 30.97% | 49.77% | ₹8,721 | 0.58% |
Very High
|
|
Canara Robeco ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹73.55 | 4.91% | 30.97% | 49.77% | ₹8,721 | 0.58% |
Very High
|
|
PGIM India ELSS Tax Saver Fund
ELSS
Regular
|
₹32.03 | 3.06% | 30.84% | 68.40% | ₹726 | 2.27% |
Very High
|
|
Nippon India ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹21.34 | 4.44% | 30.77% | 64.75% | ₹14,881 | 1.03% |
Very High
|
|
Franklin India ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹67.99 | -1.49% | 30.16% | 38.51% | ₹6,440 | 1.08% |
Very High
|
|
Franklin India ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹67.99 | -1.49% | 30.16% | 38.51% | ₹6,440 | 1.08% |
Very High
|
|
Nippon India ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹43.24 | 4.53% | 29.46% | 63.09% | ₹14,881 | 1.03% |
Very High
|
|
Nippon India ELSS Tax Saver Fund - Direct Plan
ELSS
Direct
|
₹43.24 | 4.53% | 29.46% | 63.09% | ₹14,881 | 1.03% |
Very High
|
Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.
|
Scheme Name
|
NAV
|
Returns
1Y
3Y
5Y
|
AUM (Cr)
|
Expense Ratio
|
Risk Meter
|
||
|---|---|---|---|---|---|---|---|
|
Mahindra Manulife Equity Savings Fund
Hybrid
Regular
|
₹20.78 | 7.36% | 32.07% | 48.16% | ₹553 | 2.36% |
Moderate
|
|
Mahindra Manulife Aggressive Hybrid Fund
Balanced
Regular
|
₹18.43 | -1.67% | 31.82% | 35.72% | ₹2,197 | 1.99% |
Very High
|
|
Mahindra Manulife Aggressive Hybrid Fund
Balanced
Regular
|
₹18.43 | -1.67% | 31.82% | 35.72% | ₹2,197 | 1.99% |
Very High
|
|
Mahindra Manulife Aggressive Hybrid Fund
Balanced
Regular
|
₹20.04 | -0.86% | 31.49% | 73.51% | ₹2,197 | 1.99% |
Very High
|
|
Mahindra Manulife Aggressive Hybrid Fund
Balanced
Regular
|
₹20.04 | -0.86% | 31.49% | 73.51% | ₹2,197 | 1.99% |
Very High
|
|
Mahindra Manulife Dynamic Bond Fund
Income
Regular
|
₹11.38 | -1.78% | 0.28% | 4.13% | ₹78 | 1.60% |
Moderate
|
|
Mahindra Manulife Dynamic Bond Fund
Income
Regular
|
₹11.38 | -1.78% | 0.28% | 4.13% | ₹78 | 1.60% |
Moderate
|
|
Mahindra Manulife Flexi Cap Fund
Diversified
Regular
|
₹13.10 | -1.99% | 27.42% | 0.00% | ₹1,556 | 2.05% |
Very High
|
|
Mahindra Manulife Flexi Cap Fund
Diversified
Regular
|
₹13.10 | -1.99% | 27.42% | 0.00% | ₹1,556 | 2.05% |
Very High
|
|
Mahindra Manulife Overnight Fund - Direct Plan
Liquid
Direct
|
₹1,393.19 | 5.54% | 27.30% | 39.32% | ₹214 | 0.09% |
Low
|
FAQs
What is the current NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?
The current Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹21.59 as of 09 Mar 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.
What is the fund size (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?
The Assets Under Management (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹936.40 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.
What are the historical returns of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has delivered returns of 2.73% (1 Year), 10.43% (3 Year), 8.33% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.
What is the risk level of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.
What is the minimum investment amount for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?
The minimum lumpsum investment required for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹500. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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