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  • Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)

Formerly Mahindra Manulife ELSS Reg IDCW-P

Mahindra Mutual Fund

Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)

EquityTax Saving

18.72

NAV (Jun 14)

17%
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

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Invest in this fund
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.?Learn more

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

18.72

NAV (Jun 14)

Fund Returns

Last 1Y
32.1%
Last 3Y
18.1%
Last 5Y
18.7%
Last 10Y
NA
Since Inception
14%
6 Month CAGR
15.7%

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
2.18
Launched (8y ago)
Oct 18, 2016
AUM in Crores
866.789
ISIN
INF174V01085
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.9
Standard Deviation (5yr)
19.4
Beta (3yr)
0.95
Beta (5yr)
0.97
Sharpe Ratio (3yr)
0.716
Sharpe Ratio (5yr)
0.584
YTM
0
Fund Managers

Manish Lodha

Fund Manager

Fatema Pacha

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mahindra Manulife ELSS Tax Saver Fund (PIDCW-A)70%11,22,346 3,89,73417%
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 2024-06-14

Top Stock Holdings

hdfc bank ltd

8.4%
8.4%

icici bank ltd

7.6%
7.6%

infosys ltd

4.6%
4.6%

larsen & toubro ltd

4.1%
4.1%

reliance industries ltd

4%
4%
See all holdings

Allocation by Sector

financial services

28.7%
28.7%

industrials

15.9%
15.9%

consumer cyclical

11.4%
11.4%

technology

9.8%
9.8%

consumer defensive

9.2%
9.2%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,620 cr

₹ 15,161 cr

₹ 19,454 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 22,935 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 26 equity,25 debt and 9 hybrid funds.amc-img
phone-img022-66327900
Fund NameScripbox Opinion
Till Date CAGR

5.1%

5.5%

9.9%

9.3%

5.7%

5.9%

6.9%

8.4%

6.9%

8.4%

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 14% 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 6/14/2024 is ₹18.72 with the total AUM as of 6/18/2024 is ₹866.789. 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 24.7% 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)?

Mahindra Manulife ELSS Tax Saver 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 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 2.18% for regular plan.