Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW
Category: Equity: ELSS
Launch Date: 18-10-2016
AUM:
₹ 827.84 Cr
Expense Ratio
2.24%
Benchmark
NIFTY 500 TRI
ISIN
INF174V01085
Minimum Investment
500.0
Minimum Topup
500.0
Minimum SIP Amount
500
Fund Manager
Ms. Fatema Pacha & Mr. Neelesh Dhamnaskar
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW | -0.4 | 11.16 | 11.89 |
| NIFTY 500 TRI | 6.18 | 16.02 | 14.2 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
16.1602
Last change
-0.06 (-0.3682%)
Fund Size (AUM)
₹ 827.84 Cr
Performance
10.63% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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.
Fund Manager
Ms. Fatema Pacha & Mr. Neelesh Dhamnaskar
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 7.78 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 6.95 |
| RELIANCE INDUSTRIES LIMITED EQ | 4.67 |
| Net Receivables / (Payables) | 3.9 |
| INFOSYS LIMITED EQ FV RS 5 | 3.83 |
| LARSEN AND TOUBRO LIMITED EQ NEW FV RS.2/- | 3.05 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 3.03 |
| TATA CONSULTANCY SERVICES LIMITED EQ NEW FV RE.1/- | 2.56 |
| Bajaj Finance Limited | 2.5 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 2.37 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 26.87 |
| Information Technology | 8.95 |
| Consumer Durables | 7.27 |
| Oil, Gas & Consumable Fuels | 7.19 |
| Healthcare | 7.17 |
| Consumer Services | 6.82 |
| Automobile and Auto Components | 6.26 |
| Fast Moving Consumer Goods | 5.54 |
| Telecommunication | 3.88 |
| Power | 3.54 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Mahindra Manulife ELSS Tax Saver Reg IDCW Pay | 11.89 |
| Motilal Oswal ELSS Tax Saver Fund Reg Gr | 20.0 |
| Quant ELSS Tax Saver Gr | 16.6 |
| ITI ELSS Tax Saver Reg Gr | 13.28 |
| HSBC ELSS Tax saver Fund Reg Growth | 15.18 |
| BANK OF INDIA ELSS Tax Saver ECO Gr | 15.14 |
| Bank of India ELSS Tax Saver Reg Gr | 14.84 |
| Edelweiss ELSS Tax Saver Reg Gr | 14.03 |
| BARODA BNP PARIBAS ELSS Tax Saver Gr | 13.8 |
| JM ELSS Tax Saver Fund Gr | 16.04 |