- Mutual Funds
- Mahindra Mutual Fund
- Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A)
Formerly Mahindra Manu ELSS Kar Bachat Yjn Reg DP
Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A)
₹ 13.116
NAV (May 19)
Neutral
Click here to see our recommendations.
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.
Track Record
6 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
462 Cr. Medium within the category
Category View
Superior. The category has a superior investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.116
NAV (May 19)
Fund Returns
Last 1Y | 10.4% |
Last 3Y | 14.7% |
Last 5Y | 10.3% |
Last 10Y | NA |
Since Inception | 11.6% |
6 Month CAGR | -9.3% |
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 | 2.51 |
Launched (6y ago) | Oct 18, 2016 |
AUM in Crores | 461.739 |
ISIN | INF174V01085 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
hdfc bank ltd
9.4%icici bank ltd
7.1%infosys ltd
6.7%reliance industries ltd
6%axis bank ltd
3%
Allocation by Sector
financial services
29.7%industrials
14.6%technology
13.1%consumer cyclical
10.8%basic materials
9.2%Comparison with Equity Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 4,388 cr | |||
₹ 13,113 cr | |||
₹ 13,113 cr | |||
₹ 4,388 cr | |||
₹ 4,388 cr |
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 9,335 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 20 equity,22 debt and 9 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
22% | 13.9% | ||
21.6% | 13.6% | ||
21.6% | 13.6% | ||
- | 21.9% | ||
13.4% | 12.5% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsMahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) Review
Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 11.6% over a period of 5 years. The fund was previously known as Mahindra Manu ELSS Kar Bachat Yjn Reg DP. The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd.. The fund managers are Fatema Pacha, Manish Lodha.
Nav of Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) as of 5/19/2022 is ₹13.12 with the total AUM as of 5/20/2022 is ₹461.739. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife ELSS Kar Bachat Yojana (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 Kar Bachat Yojana (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 Kar Bachat Yojana (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 IISL Nifty 500 TR INR.
Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) is rated as a 2 fund in Equity and delivered 10.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A).
Frequently Asked Questions
What is Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A)?
How to invest in Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A)?
You can invest in Mahindra Manulife ELSS Kar Bachat Yojana (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 Kar Bachat Yojana (PIDCW-A)?
The minimum sip amount for Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) is ₹500. You can invest in multiples of ₹500.
Is Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) good to invest in?
As per Scripbox experts, Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) is a Neutral fund. You can investMahindra Manulife ELSS Kar Bachat Yojana (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 Kar Bachat Yojana (PIDCW-A)?
The expense ratio of the Mahindra Manulife ELSS Kar Bachat Yojana (PIDCW-A) is 2.51% for regular plan.