Mahindra Manulife ELSS Tax Saver Fund · Regular · Growth
NAV
₹26.0095
as of 30 Sept 2026
Expense Ratio
2.51%
AUM
₹878 Cr
Lumpsum returns (CAGR)
- 1Y
- -7.40%
- 3Y
- +5.32%
- 5Y
- +6.86%
- Since Inception
- +10.08%
SIP returns (XIRR)
- 1Y
- -11.09%
- 3Y
- -1.32%
- 5Y
- +4.94%
- Since Inception
- +10.04%
What history actually did — last 9 years (Oct 2017 – Sept 2026)
A ₹5,000 monthly SIP for the last 9 years (Oct 2017 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹8,49,570 today — ₹5,35,000 invested, 10.1% XIRR.
₹5,35,000
Invested
₹8,49,570
Value today
10.1%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 9 years (Oct 2017 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 9 years ago would be ₹2,22,205 today (9.3% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Oct 2017 would still hold ₹13,72,476.
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹8,49,570 in this fund vs ₹9,39,093 in the benchmark — underperformance of ₹89,523.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 9 years (Oct 2017 – Sept 2026) (22 Mar 2020) would be ₹3,32,764 today (3.33×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised-0.28
Sharpe Ratio
-0.06
Alpha
0.26
Beta
-0.28
Sortino
12.79%
Std Dev
-15.03%
Max Drawdown
Performance Comparison
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Fund Details
Available transactions
What this fund does
Mahindra Manulife ELSS Tax Saver Fund · Regular · Growth is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.
About This Fund
Mahindra Manulife ELSS Tax Saver Fund · Regular · Growth is a ELSS Tax Saver mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 10 years. It manages assets worth ₹878 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.51%.
Who Should Invest?
- •Salaried individuals and taxpayers seeking to save tax under Section 80C