ELSS Tax Saverregulargrowth
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth
Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-2.30%
1 Month-11.05%
3 Months-13.36%
6 Months-10.42%
1 Year-4.63%
3 Years (CAGR)+10.35%
5 Years (CAGR)+10.78%
10 Years (CAGR)—
Since Inception (Oct 2016)+10.23%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP-16.51%
3 Year SIP+0.04%
5 Year SIP+5.89%
Since Inception (Oct 2016)+10.37%
Fund Details
Fund HouseMahindra Manulife Mutual Fund
CategoryELSS Tax Saver
Plan Typeregular
Optiongrowth
AUM₹936 Cr
Expense Ratio2.18%
Min SIP₹500
Min Lumpsum₹500
Launch Date19 Oct 2016
AMFI Code139783
Risk Metrics
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Sharpe Ratio
—
Alpha
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Beta
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Sortino
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Std Dev
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Max Drawdown
Performance Comparison
Performance Comparison
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Investment Objective
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - 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 Plan - Growth is a ELSS Tax Saver mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 9 years. It manages assets worth ₹936 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 2.18%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •Salaried individuals and taxpayers seeking to save tax under Section 80C
- •SIP investors who can benefit from rupee cost averaging during market fluctuations