Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW | Mahindra Manulife ELSS Tax Saver Fund - Direct Plan NAV Today [22.40], Performance & History

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan is a Equity mutual fund categorized under ELSS, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 22 Aug 2016, investors can ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

22 Aug 2016

Min. Lumpsum Amount

₹ 500

Fund Age

9 Yrs

AUM

₹ 973.16 Cr.

Benchmark

Nifty 200 Total Return

Expense Ratio

0.60%

Scheme Type

Open Ended

Exit Load

Nil%

Returns Calculator

Investment amount per month

₹1,000

Over the past

Would have become

On total investment of

*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 973.16 Cr

Equity

97.88%

Money Market & Cash

1.7%

Other Assets & Liabilities

0.42%

Sector Holdings

Sectors	Weightage
Finance - Banks - Private Sector	23.69%
IT Consulting & Software	8.19%
Non-Banking Financial Company (NBFC)	5.88%
Refineries	5.50%
Construction, Contracting & Engineering	3.98%
Textiles - Readymade Apparels	3.75%
Telecom Services	3.07%
Personal Care	2.87%
Cement	2.84%
Finance - Banks - Public Sector	2.63%
Pharmaceuticals	2.28%
Auto - 2 & 3 Wheelers	2.20%
Consumer Electronics	2.08%
Power - Generation/Distribution	1.98%
Finance - Life Insurance	1.83%
Food Processing & Packaging	1.74%
Treps/Reverse Repo	1.70%
Gems, Jewellery & Precious Metals	1.50%
Domestic Appliances	1.45%
Hotels, Resorts & Restaurants	1.15%
Chemicals - Organic - Benzene Based	1.13%
Internet & Catalogue Retail	1.12%
Cigarettes & Tobacco Products	1.10%
Auto Ancl - Electrical	1.10%
Power - Transmission/Equipment	1.08%
Paints/Varnishes	1.04%
Airlines	1.03%
Retail - Departmental Stores	1.02%
Footwears	1.02%
Finance & Investments	0.99%
Exchange Platform	0.99%
Chemicals - Others	0.89%
Engineering - Heavy	0.89%
Bearings	0.88%
Packaging & Containers	0.87%
Electric Equipment - General	0.84%
Aluminium	0.79%
Printing/Publishing/Stationery	0.77%
Hospitals & Medical Services	0.68%
Chemicals - Inorganic - Caustic Soda/Soda Ash	0.59%
Plastics - Pipes & Fittings	0.45%
Net Receivables/(Payables)	0.42%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
HDFC Bank Limited	9.13%	₹ 86.74	Finance - Banks - Private Sector
ICICI Bank Limited	8.75%	₹ 83.15	Finance - Banks - Private Sector
Reliance Industries Limited	5.50%	₹ 52.25	Refineries
Larsen & Toubro Limited	3.98%	₹ 37.77	Construction, Contracting & Engineering
Axis Bank Limited	3.95%	₹ 37.55	Finance - Banks - Private Sector
Infosys Limited	3.78%	₹ 35.86	IT Consulting & Software
Tata Consultancy Services Limited	3.41%	₹ 32.37	IT Consulting & Software
Bharti Airtel Limited	3.07%	₹ 29.14	Telecom Services
Hindustan Unilever Limited	2.87%	₹ 27.24	Personal Care
State Bank of India	2.63%	₹ 25.02	Finance - Banks - Public Sector
Bajaj Finance Limited	2.56%	₹ 24.33	Non-Banking Financial Company (NBFC)
Cholamandalam Investment and Finance Company Limited	2.22%	₹ 21.13	Non-Banking Financial Company (NBFC)
UltraTech Cement Limited	1.99%	₹ 18.94	Cement
Tata Power Company Limited	1.98%	₹ 18.85	Power - Generation/Distribution
ICICI Prudential Life Insurance Company Limited	1.83%	₹ 17.42	Finance - Life Insurance
Britannia Industries Limited	1.74%	₹ 16.53	Food Processing & Packaging
Triparty Repo	1.70%	₹ 16.18	Others
Page Industries Limited	1.61%	₹ 15.31	Textiles - Readymade Apparels
Voltas Limited	1.60%	₹ 15.15	Consumer Electronics
Titan Company Limited	1.50%	₹ 14.22	Gems, Jewellery & Precious Metals
Crompton Greaves Consumer Electricals Limited	1.45%	₹ 13.80	Domestic Appliances
Cipla Limited	1.38%	₹ 13.14	Pharmaceuticals
TVS Motor Company Limited	1.30%	₹ 12.36	Auto - 2 & 3 Wheelers
IndusInd Bank Limited	1.16%	₹ 10.98	Finance - Banks - Private Sector
Arvind Fashions Limited	1.15%	₹ 10.89	Textiles - Readymade Apparels
Vinati Organics Limited	1.13%	₹ 10.70	Chemicals - Organic - Benzene Based
Info Edge India Ltd	1.12%	₹ 10.63	Internet & Catalogue Retail
Jio Financial Services Limited	1.10%	₹ 10.41	Non-Banking Financial Company (NBFC)
UNO Minda Limited	1.10%	₹ 10.47	Auto Ancl - Electrical
ITC Limited	1.10%	₹ 10.45	Cigarettes & Tobacco Products
Kalpataru Projects International Limited	1.08%	₹ 10.25	Power - Transmission/Equipment
Asian Paints Limited	1.04%	₹ 9.86	Paints/Varnishes
InterGlobe Aviation Limited	1.03%	₹ 9.81	Airlines
Bata India Limited	1.02%	₹ 9.73	Footwears
Avenue Supermarts Limited	1.02%	₹ 9.64	Retail - Departmental Stores
LTIMindtree Limited	1.00%	₹ 9.46	IT Consulting & Software
Gokaldas Exports Limited	0.99%	₹ 9.41	Textiles - Readymade Apparels
Multi Commodity Exchange of India Limited	0.99%	₹ 9.39	Exchange Platform
Eicher Motors Limited	0.90%	₹ 8.53	Auto - 2 & 3 Wheelers
GlaxoSmithKline Pharmaceuticals Limited	0.90%	₹ 8.58	Pharmaceuticals
Navin Fluorine International Limited	0.89%	₹ 8.44	Chemicals - Others
Jyoti CNC Automation Ltd	0.89%	₹ 8.42	Engineering - Heavy
Schaeffler India Limited	0.88%	₹ 8.38	Bearings
VIP Industries Limited	0.87%	₹ 8.29	Packaging & Containers
JK Cement Limited	0.85%	₹ 8.03	Cement
CG Power and Industrial Solutions Limited	0.84%	₹ 8.02	Electric Equipment - General
L&T Finance Limited	0.79%	₹ 7.49	Finance & Investments
Hindalco Industries Limited	0.79%	₹ 7.54	Aluminium
Doms Industries Limited	0.77%	₹ 7.35	Printing/Publishing/Stationery
Kotak Mahindra Bank Limited	0.70%	₹ 6.64	Finance - Banks - Private Sector
Max Healthcare Institute Limited	0.68%	₹ 6.41	Hospitals & Medical Services
Devyani International Limited	0.67%	₹ 6.38	Hotels, Resorts & Restaurants
GHCL Limited	0.59%	₹ 5.57	Chemicals - Inorganic - Caustic Soda/Soda Ash
Jubilant Foodworks Limited	0.48%	₹ 4.59	Hotels, Resorts & Restaurants
Havells India Limited	0.48%	₹ 4.58	Consumer Electronics
Astral Limited	0.45%	₹ 4.24	Plastics - Pipes & Fittings
Net Receivables / (Payables)	0.42%	₹ 3.95	Others
Aditya Birla Capital Limited	0.20%	₹ 1.89	Finance & Investments

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	3.96%	2.68%	2.99%	9.82%
Category returns	4.22%	4.83%	15.88%	56.47%

AMC Details

Name

Mahindra Manulife Investment Management Pvt. Ltd.

Date of Incorporation

04 Feb 2016

CEO

Mr. Anthony Heredia

CIO

Mr. Rahul Pal, Mr. Krishna Sanghavi

Type

Pvt.Sector-Joint Venture (Indian)

Address

1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai, Maharashtra, India - 400018

Website

http://www.mahindramutualfund.com

mfinvestors@mahindra.com

Top Funds from Equity - ELSS

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Canara Robeco ELSS Tax Saver Fund ELSS Regular	₹47.47	0.34%	33.08%	46.38%	₹9,022	1.69%	Very High
Canara Robeco ELSS Tax Saver Fund ELSS Regular	₹47.47	0.34%	33.08%	46.38%	₹9,022	1.69%	Very High
Franklin India ELSS Tax Saver Fund ELSS Regular	₹60.68	-3.61%	33.07%	45.24%	₹6,693	1.82%	Very High
Franklin India ELSS Tax Saver Fund ELSS Regular	₹60.68	-3.61%	33.07%	45.24%	₹6,693	1.82%	Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹29.39	-1.11%	32.98%	36.90%	₹941	1.00%	Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹29.39	-1.11%	32.98%	36.90%	₹941	1.00%	Very High
HDFC ELSS Tax Saver Fund ELSS Regular	₹75.44	-1.21%	30.76%	46.72%	₹17,163	1.70%	Very High
HDFC ELSS Tax Saver Fund ELSS Regular	₹75.44	-1.21%	30.76%	46.72%	₹17,163	1.70%	Very High
ICICI Prudential ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹45.54	1.88%	30.60%	42.94%	₹14,769	1.08%	Very High
ICICI Prudential ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹45.54	1.88%	30.60%	42.94%	₹14,769	1.08%	Very High

Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,108	1.98%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,108	1.98%	Very High
Mahindra Manulife Large Cap Fund - Direct Plan Largecap Direct	₹19.81	3.03%	31.43%	48.19%	₹756	0.63%	Very High
Mahindra Manulife Large Cap Fund - Direct Plan Largecap Direct	₹19.81	3.03%	31.43%	48.19%	₹756	0.63%	Very High
Mahindra Manulife Consumption Fund - Direct Plan Diversified Direct	₹18.60	-4.56%	29.05%	54.26%	₹559	0.63%	Very High
Mahindra Manulife Consumption Fund - Direct Plan Diversified Direct	₹18.60	-4.56%	29.05%	54.26%	₹559	0.63%	Very High
Mahindra Manulife Balanced Advantage Fund - Direct Plan Hybrid Direct	₹13.16	-1.15%	29.02%	0.00%	₹928	0.52%	Very High
Mahindra Manulife Balanced Advantage Fund - Direct Plan Hybrid Direct	₹13.16	-1.15%	29.02%	0.00%	₹928	0.52%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹19.18	-1.01%	27.94%	49.73%	₹2,108	1.98%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹19.18	-1.01%	27.94%	49.73%	₹2,108	1.98%	Very High

FAQs

What is the current NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹22.40 as of 02 Feb 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹973.16 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has delivered returns of 2.68% (1 Year), 9.82% (3 Year), 9.41% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The minimum lumpsum investment required for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹500. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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