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ELSS Tax Saver

Mahindra Manulife ELSS Tax Saver Fund · Direct · Growth

Mahindra Manulife Mutual Fund

NAV

₹31.0641

as of 30 Sept 2026

Expense Ratio

1.06%

Viewing Direct · Growth
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Lumpsum returns (CAGR)

1Y
-6.00%
3Y
+6.96%
5Y
+8.59%
Since Inception
+12.07%

SIP returns (XIRR)

1Y
-9.75%
3Y
+0.25%
5Y
+6.68%
Since Inception
+11.93%

Performance Comparison

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Fund Details

Fund HouseMahindra Manulife Mutual Fund
CategoryELSS Tax Saver
Launch Date18 Oct 2016
AMFI Code139781
Transaction facts
Min. Lumpsum₹500
Min. SIP₹500
Exit LoadAn Open-ended Equity Linked Savings Scheme with a lock-in period of 3 years. Investments in this Scheme qualify for deduction u/s 80C of the Income Tax Act

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

What this fund does

Mahindra Manulife ELSS Tax Saver Fund · Direct · 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 · Direct · Growth is a ELSS Tax Saver mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 9 years. The current expense ratio is 1.06%.

Who Should Invest?

  • •Salaried individuals and taxpayers seeking to save tax under Section 80C
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