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  • Mahindra Manulife ELSS Fund (PIDCW-A)

Formerly Mahindra Manu ELSS KarBachatYjnRegIDCW-P

Mahindra Mutual Fund

Mahindra Manulife ELSS Fund (PIDCW-A)

EquityTax Saving

14.4265

NAV (May 25)

11.3%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

Invest in this fund
Scripbox Recommended Tax Saving Fund
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

14.4265

NAV (May 25)

Fund Returns

Last 1Y
15.8%
Last 3Y
28.9%
Last 5Y
11.3%
Last 10Y
NA
Since Inception
11.9%
6 Month CAGR
0%

Scheme Information

Investment Objective

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
2.46
Launched (7y ago)
Oct 18, 2016
AUM in Crores
566.872
ISIN
INF174V01085
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
16.7
Standard Deviation (5yr)
19.6
Beta (3yr)
1.02
Beta (5yr)
0.96
Sharpe Ratio (3yr)
1.13
Sharpe Ratio (5yr)
0.321
YTM
0
Fund Managers

Manish Lodha

Fund Manager

Fatema Pacha

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mahindra Manulife ELSS Fund (PIDCW-A)70%9,67,033 2,34,42111.3%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2023-05-25

Top Stock Holdings

icici bank ltd

9.2%
9.2%

hdfc bank ltd

9.2%
9.2%

infosys ltd

6.3%
6.3%

reliance industries ltd

5.2%
5.2%

axis bank ltd

3.8%
3.8%
See all holdings

Allocation by Sector

financial services

31.8%
31.8%

consumer cyclical

12.8%
12.8%

technology

12.7%
12.7%

basic materials

10.5%
10.5%

industrials

9.6%
9.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 8,056 cr

₹ 10,178 cr

₹ 14,448 cr

₹ 8,860 cr

₹ 7,811 cr

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 10,060 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 20 equity,25 debt and 9 hybrid funds.amc-img
022-66327900
mfinvestors@mahindra.com
Fund NameScripbox Opinion
Till Date CAGR

5.1%

5.5%

15.1%

7.7%

4.3%

5.7%

14.6%

7.9%

14.6%

7.9%

Mahindra Manulife ELSS Fund (PIDCW-A) Review

Mahindra Manulife ELSS Fund (PIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 11.9% over a period of 6 years. The fund was previously known as Mahindra Manu ELSS KarBachatYjnRegIDCW-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 Fund (PIDCW-A) as of 5/25/2023 is ₹14.43 with the total AUM as of 5/26/2023 is ₹566.872. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife ELSS 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 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 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 IISL Nifty 500 TR INR.

Mahindra Manulife ELSS Fund (PIDCW-A) is rated as a 3 fund in Equity and delivered 15.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife ELSS Fund (PIDCW-A).

Frequently Asked Questions

What is Mahindra Manulife ELSS Fund (PIDCW-A)?

Mahindra Manulife ELSS Fund (PIDCW-A) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Mahindra Manulife ELSS Fund (PIDCW-A)?

You can invest in Mahindra Manulife ELSS 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 Fund (PIDCW-A)?

The minimum sip amount for Mahindra Manulife ELSS Fund (PIDCW-A) is ₹500. You can invest in multiples of ₹500.

Is Mahindra Manulife ELSS Fund (PIDCW-A) good to invest in?

As per Scripbox experts, Mahindra Manulife ELSS Fund (PIDCW-A) is a Neutral fund. You can investMahindra Manulife ELSS 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 Fund (PIDCW-A)?

The expense ratio of the Mahindra Manulife ELSS Fund (PIDCW-A) is 2.46% for regular plan.