Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth

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Equity
ELSS (Tax Savings)
Rating 3
Plan

26.89 +0.36 (1.37%) NAV as on 17 Apr, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)895.31
CAGR 6.93%
Exit Load0.00%
Expense ratio2.19%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2016-10-18

Asset Allocation

Holdings As On - 20 April 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

Hdfc Bank
86.84
9.70%

Icici Bank
77.55
8.66%

Reliance Industries
42.38
4.73%

Larsen And Toubro
35.89
4.01%

Axis Bank
34.72
3.88%

Net Receivables / (Payables)
31.61
3.53%

Infosys
29.43
3.29%

State Bank Of India
28.24
3.15%

Bharti Airtel
27.22
3.04%

Hindustan Unilever
26.21
2.93%

Peer Comparison

Fund Name
Bank of India ELSS Tax Saver Fund Eco Growth-1.99%
Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth10.23%
LIC MF ELSS Tax Saver Growth15.89%
Union ELSS Tax Saver Fund Growth4.9%
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth6.93%

Risk & Volitility

Alpha 0.63%
Beta 0.95
Sharpe Ratio0.44
Std Deviation 13.90%
Tracking Error 4.54%

About Fund

The investment objective of 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.

The Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth has an AUM of 895.31 crores & has delivered CAGR of 23.31% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.19%. The minimum investment in Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, Reliance Industries & Larsen And Toubro.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

Some of the similar funds are Bank of India ELSS Tax Saver Fund Eco Growth, Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, LIC MF ELSS Tax Saver Growth, Union ELSS Tax Saver Fund Growth, Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth. Mahindra Manulife ELSS Tax Saver Fund Regular Plan Growth has a sharpe ratio of 0.44 & a standard deviation of 13.90%.