NAV
₹32.2460
as of 17 Jun 2026
Expense Ratio
—
see scheme documents
Viewing Direct · Growth
Lumpsum returns (CAGR)
- 1Y
- -2.81%
- 3Y
- +11.10%
- 5Y
- +12.35%
- Since Inception
- +12.88%
SIP returns (XIRR)
- 1Y
- -4.33%
- 3Y
- +4.60%
- 5Y
- +9.49%
- Since Inception
- +13.30%
Performance Comparison
Thinking about Mahindra Manulife ELSS Tax Saver Fund · Direct · Growth?
Talk to our AMFI-registered team — free, no pressure. We'll help you see if this fund fits your goals.
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
Investment Objective
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.
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