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  • Mahindra Mutual Fund
  • Mahindra Manulife ELSS Kar Bachat Yojana (Growth)
Mahindra Mutual Fund

Mahindra Manulife ELSS Kar Bachat Yojana (Growth)

EquityTax Saving

19.7902

NAV (Dec 06)

10.5%
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).

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

Good

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

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

19.7902

NAV (Dec 6)

Fund Returns

Last 1Y

9.8%

Last 3Y

19.3%

Last 5Y

10.5%

Last 10Y

NA

Since Inception

11.7%

6 Month CAGR

13.2%

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

2.5

Launched (6y ago)

Oct 18, 2016

AUM in Crores

517.393

ISIN

INF174V01077

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

500

Lumpsum Min.

500

Standard Deviation (3yr)

21.6

Standard Deviation (5yr)

18.9

Beta (3yr)

0.94

Beta (5yr)

0.94

Sharpe Ratio (3yr)

0.717

Sharpe Ratio (5yr)

0.341

YTM

0

Fund Managers

Manish Lodha

Fund Manager

Fatema Pacha

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-12-06

Top Stock Holdings

hdfc bank ltd

9.1%
9.1%

infosys ltd

8.5%
8.5%

icici bank ltd

8.3%
8.3%

reliance industries ltd

5.5%
5.5%

axis bank ltd

4.4%
4.4%
See all holdings

Allocation by Sector

financial services

33.6%
33.6%

technology

14.1%
14.1%

industrials

12.4%
12.4%

consumer cyclical

10.5%
10.5%

basic materials

7.1%
7.1%
See all sectors

Compare Mahindra Manulife ELSS Kar Bachat Yojana (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,865 cr

₹ 10,427 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 9,230 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 20 equity,22 debt and 12 hybrid funds.

amc-img

  • 022-66327900
  • mfinvestors@mahindra.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    23.5%

    14.8%

    5.1%

    5.5%

    11.5%

    8.5%

    4.1%

    5.6%

    11.3%

    8.8%

    Mahindra Manulife ELSS Kar Bachat Yojana (G) Review

    Mahindra Manulife ELSS Kar Bachat Yojana (G) is a Tax Saving Equity fund and has delivered an annualised return of 11.7% over a period of 6 years. 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 (G) as of 12/6/2022 is ₹19.79 with the total AUM as of 12/7/2022 is ₹517.393. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife ELSS Kar Bachat Yojana (G) 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 (G) 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 (G) 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 (G) is rated as a 3 fund in Equity and delivered 9.8% 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 (G).

    Frequently Asked Questions

    What is Mahindra Manulife ELSS Kar Bachat Yojana (G)?

    Mahindra Manulife ELSS Kar Bachat Yojana (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    How to invest in Mahindra Manulife ELSS Kar Bachat Yojana (G)?

    You can invest in Mahindra Manulife ELSS Kar Bachat Yojana (G) 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 (G)?

    The minimum sip amount for Mahindra Manulife ELSS Kar Bachat Yojana (G) is ₹500. You can invest in multiples of ₹500.

    Is Mahindra Manulife ELSS Kar Bachat Yojana (G) good to invest in?

    As per Scripbox experts, Mahindra Manulife ELSS Kar Bachat Yojana (G) is a Neutral fund. You can investMahindra Manulife ELSS Kar Bachat Yojana (G) 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 (G)?

    The expense ratio of the Mahindra Manulife ELSS Kar Bachat Yojana (G) is 2.5% for regular plan.