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mahindra manulife elss fund regular plan growth
Mahindra Manulife ELSS Fund Regular Plan Growth

Mahindra Manulife ELSS Fund Regular Plan Growth

  • Very High Risk
  • Equity
  • ELSS (Tax Savings)
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NAV as on Aug 12, 2025
i
Price per unit of the scheme.
₹ 27.7789-0.53%1 Day Change
-3.20%
Minimum Investment₹500
Expense Ratio2.28%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Aug 12, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
33Out of 44 funds in the category
Category Avg Return
-2.26%
Fund Return -3.20%
Low-3.2%2.71%8.62%14.54%High
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Mahindra Manulife ELSS Fund Regular Plan Growth
VS
Equity: ELSS (Tax Savings) Average NAV
    Topper in Equity: ELSS (Tax Savings)
    WhiteOak Capital Tax Saver Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Mahindra Manulife ELSS Fund Regular Plan Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹67,080
    • Current Value
      ₹4,27,080

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty 500 TR INR
    Expense Ratio
    2.28%
    Category Avg Expense Ratio
    0.86%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 1500
    Lock In (Years)
    3
    Fund Size
    ₹ 979.66 Cr(As on Jun, 2025)
    Inception Date
    Oct 18, 2016
    Turnover
    60.00 %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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.

    Mahindra Manulife ELSS Fund Regular Plan Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inOct 18, 2016. Its risk level is . The NAV of the fund as onAug 12, 2025 is ₹27.78. Its expense ratio is 2.28 %. The fund has an AUM of ₹979.66 Cr.The fund is managed byManish Lodha,Fatema Pacha.
    The minimum initial investment is  ₹500 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Fatema Pacha
    Fatema Pacha
    i
    Lead Fund Manager.
    Oct 16, 2020 - Present
    • Fund Manager Rank37Out of 39
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed8
    • Total AUM₹ 14,460.72 Cr
    • Highest Return In 1 Yr4.20 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mahindra Manulife Consumption Fund Direct Growth
    --
    ₹ 24.88
    -0.06%
    -%
    Very High Risk
    ₹513.13Cr
    Mahindra Manulife Multi Cap Fund Direct Plan Growth
    ₹ 40.09
    -3.93%
    -2.65%
    Very High Risk
    ₹5,761.84Cr
    Mahindra Manulife Flexi Cap Fund Direct Growth
    --
    ₹ 16.96
    -3.09%
    -2.23%
    Very High Risk
    ₹1,559.61Cr
    Mahindra Manulife Consumption Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.88
    • Fund Size₹513.13Cr
    Fund Return-0.06%
    Category Return--
    Mahindra Manulife Multi Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 40.09
    • Fund Size₹5,761.84Cr
    Fund Return-3.93%
    Category Return-2.65%
    Mahindra Manulife Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.96
    • Fund Size₹1,559.61Cr
    Fund Return-3.09%
    Category Return-2.23%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Manish Lodha
    Manish Lodha
    i
    Lead Fund Manager.
    Dec 21, 2020 - Present
    • Schemes managed10
    • Total AUM₹ 22,513.92 Cr
    • Highest Return In 1 Yr6.20 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mahindra Manulife Small Cap Fund Direct Growth
    --
    ₹ 19.57
    -3.02%
    -3.97%
    Very High Risk
    ₹4,065.41Cr
    Mahindra Manulife Multi Cap Fund Direct Plan Growth
    ₹ 40.09
    -3.93%
    -2.65%
    Very High Risk
    ₹5,761.84Cr
    Mahindra Manulife Flexi Cap Fund Direct Growth
    --
    ₹ 16.96
    -3.09%
    -2.23%
    Very High Risk
    ₹1,559.61Cr
    Mahindra Manulife Small Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 19.57
    • Fund Size₹4,065.41Cr
    Fund Return-3.02%
    Category Return-3.97%
    Mahindra Manulife Multi Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 40.09
    • Fund Size₹5,761.84Cr
    Fund Return-3.93%
    Category Return-2.65%
    Mahindra Manulife Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.96
    • Fund Size₹1,559.61Cr
    Fund Return-3.09%
    Category Return-2.23%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jul, 2025
    EQUITY (97.78%)
    DEBT (-%)
    CASH (2.22%)
    Allocation by Market Cap
    Large Cap(73.38%)
    Mid Cap(13.12%)
    Small Cap(11.02%)
    Industry Holdings
    • Banks Regional26.64%
    • Information Technology Services8.70%
    • Credit Services5.17%
    • Oil Gas Refining Marketing5.06%
    • Engineering Construction4.75%
    • Apparel Manufacturing3.59%
    Stock Holdings
    • HDFC Bank Ltd9.45%
    • ICICI Bank Ltd8.94%
    • Reliance Industries Ltd4.95%
    • Infosys Ltd4.53%
    • Larsen & Toubro Ltd3.92%
    • State Bank of India3.12%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      0.11
      This Fund
      VS
      2.45
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      93.76
      This Fund
      VS
      85.94
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.90
      This Fund
      VS
      0.93
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.70
      This Fund
      VS
      0.85
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.11
      This Fund
      VS
      1.39
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      12.20
      This Fund
      VS
      13.18
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
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    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    IDBI Equity Advantage Fund Regular GrowthIDBI Equity Advantage Fund Regular Growth
    ₹ 43.39
    0.91%
    0.49%
    Very High Risk
    ₹ 484.91 Cr
    Sundaram Tax Savings - Regular Plan - GrowthSundaram Tax Savings - Regular Plan - Growth
    ₹ 506.82
    -1.00%
    -2.42%
    Very High Risk
    ₹ 1,394.52 Cr
    Sundaram Diversified Equity Fund GrowthSundaram Diversified Equity Fund Growth
    ₹ 219.45
    -1.03%
    -2.42%
    Very High Risk
    ₹ 1,519.21 Cr
    ICICI Prudential Long Term Equity Fund (Tax Saving) GrowthICICI Prudential Long Term Equity Fund (Tax Saving) Growth
    ₹ 916.39
    -1.04%
    -2.42%
    Very High Risk
    ₹ 14,660.64 Cr
    Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP)Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP)
    ₹ 59.73
    -1.19%
    -2.42%
    Very High Risk
    ₹ 15,869.72 Cr
    Aditya Birla Sun Life ELSS Tax Relief 96 GrowthAditya Birla Sun Life ELSS Tax Relief 96 Growth
    ₹ 59.73
    -1.19%
    -2.42%
    Very High Risk
    ₹ 15,869.72 Cr
    IDBI Equity Advantage Fund Regular Growth
    Very High Risk
    • NAV₹ 43.39
    • Fund Size₹ 484.91 Cr
    Fund Return0.91%
    Category Return0.49%
    Sundaram Tax Savings - Regular Plan - Growth
    Very High Risk
    • NAV₹ 506.82
    • Fund Size₹ 1,394.52 Cr
    Fund Return-1.00%
    Category Return-2.42%
    Sundaram Diversified Equity Fund Growth
    Very High Risk
    • NAV₹ 219.45
    • Fund Size₹ 1,519.21 Cr
    Fund Return-1.03%
    Category Return-2.42%
    ICICI Prudential Long Term Equity Fund (Tax Saving) Growth
    Very High Risk
    • NAV₹ 916.39
    • Fund Size₹ 14,660.64 Cr
    Fund Return-1.04%
    Category Return-2.42%
    Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP)
    Very High Risk
    • NAV₹ 59.73
    • Fund Size₹ 15,869.72 Cr
    Fund Return-1.19%
    Category Return-2.42%
    Aditya Birla Sun Life ELSS Tax Relief 96 Growth
    Very High Risk
    • NAV₹ 59.73
    • Fund Size₹ 15,869.72 Cr
    Fund Return-1.19%
    Category Return-2.42%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Mahindra Manulife Asia Pacific REITs FOF Direct GrowthMahindra Manulife Asia Pacific REITs FOF Direct Growth
    --
    ₹ 9.99
    5.57%
    --
    Very High Risk
    ₹ 32.41 Cr
    Mahindra Manulife Low Duration Fund Direct GrowthMahindra Manulife Low Duration Fund Direct Growth
    ₹ 1,770.09
    0.52%
    0.43%
    Moderate Risk
    ₹ 637.63 Cr
    Mahindra Manulife Ultra Short Duration Fund Direct GrowthMahindra Manulife Ultra Short Duration Fund Direct Growth
    ₹ 1,420.99
    0.50%
    0.44%
    Moderate Risk
    ₹ 206.76 Cr
    Mahindra Manulife Liquid Fund Direct Plan GrowthMahindra Manulife Liquid Fund Direct Plan Growth
    --
    ₹ 1,729.03
    0.47%
    0.40%
    Low to Moderate Risk
    ₹ 1,017.83 Cr
    Mahindra Manulife Arbitrage Fund Direct GrowthMahindra Manulife Arbitrage Fund Direct Growth
    --
    ₹ 12.92
    0.47%
    0.43%
    Low Risk
    ₹ 89.92 Cr
    Mahindra Manulife Overnight Fund Direct GrowthMahindra Manulife Overnight Fund Direct Growth
    --
    ₹ 1,348.76
    0.45%
    --
    Low Risk
    ₹ 247.16 Cr
    Mahindra Manulife Asia Pacific REITs FOF Direct Growth
    Very High Risk--
    • NAV₹ 9.99
    • Fund Size₹ 32.41 Cr
    1 Month Return5.57%
    Category Return--
    Mahindra Manulife Low Duration Fund Direct Growth
    Moderate Risk
    • NAV₹ 1,770.09
    • Fund Size₹ 637.63 Cr
    1 Month Return0.52%
    Category Return0.43%
    Mahindra Manulife Ultra Short Duration Fund Direct Growth
    Moderate Risk
    • NAV₹ 1,420.99
    • Fund Size₹ 206.76 Cr
    1 Month Return0.50%
    Category Return0.44%
    Mahindra Manulife Liquid Fund Direct Plan Growth
    Low to Moderate Risk--
    • NAV₹ 1,729.03
    • Fund Size₹ 1,017.83 Cr
    1 Month Return0.47%
    Category Return0.40%
    Mahindra Manulife Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 12.92
    • Fund Size₹ 89.92 Cr
    1 Month Return0.47%
    Category Return0.43%
    Mahindra Manulife Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,348.76
    • Fund Size₹ 247.16 Cr
    1 Month Return0.45%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Mahindra Manulife Investment Management Pvt. Ltd.
    Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth ₹ 31,502.25 crores. It’s current offering of mutual fund schemes includes 14 equity, 4 debt and 4 hybrid schemes.
    phone icon
    Phone
    022-66327900
    mail icon
    Email
    mfinvestors@mahindra.com
    aum
    AUM
    ₹ 31,502.25 Cr (
    As on Jun 30, 2025
    )
    location
    Address
    570 P. B. Marg, Worli, Mumbai 400018 Mumbai,400018

    bt_logoFAQ's

    What is the category of Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The category of Mahindra Manulife ELSS Fund Regular Plan Growth is Equity - ELSS (Tax Savings)
    What is the current NAV of Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The current NAV of Mahindra Manulife ELSS Fund Regular Plan Growth as on Aug 12, 2025 is ₹27.78
    How safe is Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The risk level of Mahindra Manulife ELSS Fund Regular Plan Growth is Very High.
    What are short term returns given by Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The return given by Mahindra Manulife ELSS Fund Regular Plan Growth in 1 month is -3.20%, 3 months is -0.56%, 6 months is 7.75%, and 1 year is -1.42%
    What are the long term returns given by Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The return given by Mahindra Manulife ELSS Fund Regular Plan Growth in 3 years is 13.40% and 5 years is 20.12%.
    What is the expense ratio of Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The expense ratio of Mahindra Manulife ELSS Fund Regular Plan Growth is 2.28%
    What is the AUM of Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The assets under Management (AUM) of Mahindra Manulife ELSS Fund Regular Plan Growth is Rs 979.66 crores.
    What is the minimum investment in Mahindra Manulife ELSS Fund Regular Plan Growth ?
    The minimum Lumpsum investment in Mahindra Manulife ELSS Fund Regular Plan Growth is ₹500.00 and the minimum SIP investment in Mahindra Manulife ELSS Fund Regular Plan Growth is ₹1,500.00
    What is the asset allocation of Mahindra Manulife ELSS Fund Regular Plan Growth?
    Mahindra Manulife ELSS Fund Regular Plan Growth has an exposure of 97.78% in Equity and 2.22% in Cash & Money Market Securities

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