mahindra-manulife-elss-tax-saver-fund-direct-g

Mahindra Manulife ELSS Tax Saver Fund - Direct (G)

  1. Equity
  2. Tax Saving Funds
  • NAV as on Jul 25, 2025 ₹33.29
  • Total Returns 14.69% p.a.

Historical NAV, Returns and Performance

  • High
  • Low
  • CAGR
mahindra-manulife-elss-tax-saver-fund-direct-g

Overview of Mahindra Manulife ELSS Tax Saver Fund - Direct (G)

  • Fund House
    Mahindra Manulife ELSS Tax Saver Fund
  • Fund Size
    ₹980 Cr
  • Expense Ratio
    0.6%
  • Benchmark
    Nifty 500 TRI
  • Risk Level
    Very High
  • Inception Date
    Oct 18, 2016
  • Lock-in period
    3
  • Exit Load
    Nil
  • Minimum SIP Investment
    ₹500
  • Minimum Lump sum Investment
    ₹500
  • Short Term Capital Gains
    20% (if redeemed within 1 year)
  • Long Term Capital Gains
    12.5% on profit of ₹1,25,000 if redeemed after 1 year

Mahindra Manulife ELSS Tax Saver Fund - Direct (G) Returns Calculator

Investment type

Years
Total Invested Amount
₹ 12,00,000
Profit
₹ 12,00,000
Total Projected Returns
₹ 12,00,000
Annualised Returns
p.a.
Years
Total Invested Amount
Profit
₹1,00,000
Total Projected Returns
₹1,00,000
Annualised Returns
% p.a.

Mahindra Manulife ELSS Tax Saver Fund - Direct (G) Performance vs Category

Time Period

  • 1 month
  • 3 months
  • 6 months
  • 1 year
  • 3 years
  • 5 years

This Fund

  • -1.21%
  • 5.25%
  • 10.4%
  • 1.21%
  • 18.24%
  • 23.06%

Category Average

  • 1.63%
  • 6.71%
  • 9.38%
  • 2.89%
  • 20.16%
  • 24.11%

Fund Asset Allocation

Top holdings

Top Sectors

  • Banks
    27.15%
  • Consumer Durables
    7.42%
  • IT-Software
    7.19%
  • Petroleum Products
    6%
  • Construction
    5.28%
  • Finance
    4.69%

More about Mahindra Manulife ELSS Tax Saver Fund - Direct (G)

Mahindra Manulife ELSS Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by Mahindra Manulife Mutual Fund. It was launched on 04 Feb 2016, and has been active for over 9 years. As of 30 Jun 2025 the fund manages assets worth ₹980 Crores. The expense ratio is 0.6%.

This fund generated returns of 1.21% in the last 1 year. Since its inception, it has provided an average annual return of 14.69%.

The fund's investments are mainly concentrated in sectors like Banks, Consumer Durables, IT-Software, Petroleum Products and Construction.

The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Reliance Industr, Infosys and Larsen & Toubro.

Fund Managers

  • Manish Lodha
  • Fatema Pacha

Investment 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.

mahindra-manulife-elss-tax-saver-fund-direct-g

Frequently Asked Questions about Mahindra Manulife ELSS Tax Saver Fund - Direct (G)

  1. Are {{fund_type}} risky?

    ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.

  2. Should I invest in {{fund_type}} ?

    Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.

  3. How long should I stay invested in {{fund_type}} ?

    The minimum is three years, but staying invested longer can help maximize returns.

  4. Can I withdraw my investment from {{fund_type}} anytime?

    No, ELSS funds have a mandatory lock-in period of three years.

  5. What are the expenses involved in {{fund_type}} ?

    Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.

Join the growing tribe of 5,00,000+ Appreciators

Close | Icon

Thanks for joining our iOS waitlist. We will keep you posted.

Powered by Viral Loops
Close | Icon

Powered by Viral Loops.

Contact Appreciate

Share your details and we will contact you.

Get Appreciate

Invest as little as Re.1 in US Stocks

  • Star Icon
  • Star Icon
  • Star Icon
  • Star Icon
  • Star Icon
  • 300
Thank you. We will get in touch with you shortly.
Invest now