Mahindra Manulife ELSS Tax Saver Fund - Direct Plan has delivered 87.76% absolute return over the last 5 years.
The average return for ELSS funds is 63.29% .
This fund ranks #6 in its category based on 5-year returns.
The largest portfolio holding is ICICI Bank LTD with a portfolio weight of 9.67% .
The fund currently owns more than 59 stocks.
The top 10 holdings account for 40.68% of total assets.
Based on portfolio allocation, this fund appears moderately concentrated compared with peers.
| Metric | Fund | Category Avg |
|---|---|---|
| 1 Year Return | 1.82% | -3.86% |
| 2 Year Return | 25.07% | 7.32% |
| 3 Year Return | 48.40% | 26.26% |
| 4 Year Return | 154.76% | 48.86% |
| 5 Year Return | 156.17% | 63.29% |
| 6 Year Return | 156.85% | 104.35% |
| 7 Year Return | N/A | 130.89% |
| Expense Ratio | 0.68% | - |
| # | Company | Sector | Weight |
|---|---|---|---|
| 1 | Financials |
9.67%
|
|
| 2 | Finance - Banks - Private Sector |
7.01%
|
|
| 3 | Communication Services |
4.40%
|
|
| 4 | Non-Banking Financial Company (NBFC) |
3.89%
|
|
| 5 | Energy |
3.14%
|
|
| 6 | Industrials |
2.84%
|
|
| 7 | Information Technology |
2.54%
|
|
| 8 | Consumer Discretionary |
2.47%
|
|
| 9 | Consumer Staples |
2.37%
|
|
| 10 | Information Technology |
2.35%
|
|
| 11 | Consumer Discretionary |
2.34%
|
|
| 12 | Finance - Banks - Private Sector |
2.20%
|
AMC: MAHINDRA MANULIFE
Category: Equity • ELSS
Launch Date: 22 Aug 2016
Fund Manager: Mr. Neelesh Dhamnaskar
Minimum Purchase: ₹500
Exit Load:
Lock-in: 1
Risk: Moderate Risk
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan is managed by MAHINDRA MANULIFE and belongs to the Equity category.
Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.
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