- Mutual Funds
- Mahindra Mutual Fund
- Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)
Formerly Mahindra Manulife ELSS Reg IDCW-P
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)
₹ 17.2174
NAV (Apr 18)
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 17.2174
NAV (Apr 18)
Fund Returns
Last 1Y | 24% |
Last 3Y | 16.3% |
Last 5Y | 14.9% |
Last 10Y | NA |
Since Inception | 13.1% |
6 Month CAGR | 6.4% |
Scheme Information
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.
Expense Ratio | 2.21 |
Launched (8y ago) | Oct 18, 2016 |
AUM in Crores | 817.723 |
ISIN | INF174V01085 |
Lock-in | 3 |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 13.3 |
Standard Deviation (5yr) | 19.4 |
Beta (3yr) | 0.95 |
Beta (5yr) | 0.97 |
Sharpe Ratio (3yr) | 0.78 |
Sharpe Ratio (5yr) | 0.556 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) | 10,61,690 | 3,29,078 | 14.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
8.8%hdfc bank ltd
6.9%reliance industries ltd
5.1%infosys ltd
4.9%larsen & toubro ltd
3.6%Allocation by Sector
financial services
26.7%industrials
14.6%technology
11.2%consumer cyclical
11.2%energy
8.3%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 14,075 cr | ||
₹ 17,313 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.5% | ||
10.5% | 9% | ||
5.5% | 5.9% | ||
7.5% | 8.1% | ||
7.5% | 8.1% |
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) Review
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 13.1% over a period of 7 years. The fund was previously known as Mahindra Manulife ELSS Reg IDCW-P. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Fatema Pacha, Manish Lodha.
Nav of Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) as of 4/18/2024 is ₹17.22 with the total AUM as of 4/19/2024 is ₹817.723. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) was launched on Oct 18, 2016. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 500 TR INR.
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is rated as a 3 fund in Equity and delivered 24% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A).
Frequently Asked Questions
What is Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)?
How to invest in Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)?
You can invest in Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)?
The minimum sip amount for Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is ₹500. You can invest in multiples of ₹500.
Is Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) good to invest in?
As per Scripbox experts, Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is a Neutral fund. You can investMahindra Manulife ELSS Tax Saver Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)?
The expense ratio of the Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A) is 2.21% for regular plan.