Formerly Mahindra Manu ELSS Kar Bachat Yjn Reg Gr
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).
The performance of the fund on a Fund Size metric has been Neutral
The fund has been a Category Leader on the Outperformance Consistency metric
Investment Duration5 years
Total Corpus Created (₹)With CAGR of 11.25 % in 5 years
NAV (Jun 2)
6 Month CAGR
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.
Launched (7y ago)
Oct 18, 2016
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Mahindra Manulife ELSS Fund (Growth)||9,82,041||2,49,429||11.9%|
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.
icici bank ltd9.2%
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axis bank ltd3.8%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 14,448 cr
₹ 8,056 cr
₹ 10,178 cr
₹ 8,860 cr
₹ 7,811 cr
Mahindra Manulife Investment Management Pvt. Ltd.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Mahindra Manulife ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 11.1% over a period of 6 years. The fund was previously known as Mahindra Manu ELSS Kar Bachat Yjn Reg Gr. 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 (G) as of 6/2/2023 is ₹20.18 with the total AUM as of 6/4/2023 is ₹566.872. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mahindra Manulife ELSS Fund (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 Fund (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 Fund (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 Fund (G) is rated as a 3 fund in Equity and delivered 14.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mahindra Manulife ELSS Fund (G).
What is Mahindra Manulife ELSS Fund (G)?
How to invest in Mahindra Manulife ELSS Fund (G)?
You can invest in Mahindra Manulife ELSS Fund (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 Fund (G)?
The minimum sip amount for Mahindra Manulife ELSS Fund (G) is ₹500. You can invest in multiples of ₹500.
Is Mahindra Manulife ELSS Fund (G) good to invest in?
As per Scripbox experts, Mahindra Manulife ELSS Fund (G) is a Neutral fund. You can investMahindra Manulife ELSS Fund (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 Fund (G)?
The expense ratio of the Mahindra Manulife ELSS Fund (G) is 2.46% for regular plan.