Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth
Get the latest NAV of Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹28.13
1D
NAV as on 30 May 2025
12.72%/per year
Since Inception
▲▼
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (30-May-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, 5Y, but underperformed over 3Y.
Peer comparison
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 98.5%
Debt & Cash 1.5%
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 98.5%
Debt & Cash 1.5%
Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial
Financial Services
37%
Consumer Cyclical
16%
Industrial
9%
Financial Services
35%
Consumer Cyclical
16%
Industrial
10%
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Holdings Details
as on (30-Apr-25)
Equity
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 2.16% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹924 Cr |
| Inception Date | 18 October, 2016 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 83.55% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth is an equity fund. This fund was started on 18 October, 2016. The fund is managed by Manish Lodha, Fatema Pacha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth has ₹924 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
- The fund has an expense ratio 2.2.
Returns
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth has given a CAGR return of 12.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.06%, 16.99% and 24.13% respectively.
Holdings
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Energy, Communication, Health, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Axis Bank Ltd, Larsen & Toubro Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth of 3 Years
Fund Manager
Manish Lodha
Fund Manager of Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth, since 21 December 2020
Fatema Pacha
Fund Manager of Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth, since 16 October 2020
- AUM of the fund stands at 923.6 Cr as of Apr'25
- AUM increased by 28.3 Cr between Apr'25 and Mar'25
More funds from Mahindra
5Y CAGR
▲ 32.92
3Y CAGR
▲ 23.62
5Y CAGR
▲ 30.65
3Y CAGR
▲ 20.48
5Y CAGR
▲ 28.04
Frequently Asked Questions for Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth
How do I invest in Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth?
- Download the INDmoney app.
- Search for ‘Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.