Advertisement

Mahindra Manulife ELSS Tax Saver Fund Direct Plan Payout of Income Distribution cum Cptl Wdrl INF174V01101

NAV / 1-Day Return
22.76 / 0.42%
Total Assets
9.5 Bil
Inception Date
Oct 18, 2016
Expense Ratio
0.620%
Fee Level
Load
Deferred
Category
India Fund ELSS (Tax Savings)
Investment Style
Large Growth
Minimum Initial Investment
500
Status
Open
TTM Yield
4.44%
Turnover
83.55%

Morningstar’s Analysis

Growth of 10,000

A chart contrasting Fund Growth of 10k over 10 years versus Category and Index
Manager Change : Full Partial

Returns

Growth of 10K component includes four parts: Growth of 10K chart, Manager Change, Fund Flows, and Annual Return table.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
YTD
Investment
N/A
N/A
38.01
-7.86
6.30
16.02
41.23
3.42
27.36
13.83
6.12
Category
3.20
4.46
38.50
-6.49
8.04
16.21
31.86
2.32
27.92
19.91
1.86
Index
-0.18
5.37
34.97
0.82
10.38
17.92
29.11
5.67
24.48
14.72
4.97
Quartile Rank
Quartile Rank is third
Quartile Rank is third
Quartile Rank is third
Quartile Rank is second
Quartile Rank is first
Quartile Rank is second
Quartile Rank is third
Quartile Rank is fourth
Quartile Rank is first
Percentile Rank
55
62
61
47
7
43
51
85
13
# of Invest. in Cat.
146
172
239
233
226
224
224
212
206
219
219
Category Name
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)
IN033 India Fund ELSS (Tax Savings)


Asset Allocation

Asset Class Investment Category Index
Equity 97.78 96.61
Fixed Income 0.00 0.08
Preferred 0.00 0.00
Convertible 0.00 0.00
Cash 2.22 3.32
Other 0.00 0.00

Stock Style

People

Inception Date
Oct 18, 2016
Number of Managers
2
Longest Tenure
4.8 Years
Average Tenure
4.8 Years
Advisor(s)
Mahindra Manulife Investment Management Pvt. Ltd.

Management Team

Oct 16, 2020 –Present
Dec 21, 2020 –Present

Manager Timeline

  • Male
  • Female
  • Non-Binary
  • Not Disclosed
  • Not Available

Morningstar Risk & Return

Risk vs. Category
Below Avg.
Return vs. Category
Average

Holdings

Portfolio Holdings
# Long
# Short
Equity Holding
62 0
Bond Holding
0 0
Other Holding
2 0
Total Holding
64 0
Equity Holdings
62
Bond Holdings
0
Other Holdings
2
Total Holdings
64
% Assets in Top 10 Holdings
47
Reported Turnover %
83.55
As of 03 / 31 / 24
Women Directors %
18
Women Executives %
9
Holdings
% Portfolio Weight % Portfolio Weight
First Bought
Market Value as of Jul 31, 2025
Cur Currency
Share Change %
1-Year Return
Forward P/E Forward P/E
Equity Star Rating Premium content requiring Morningstar subscription, click to subscribe. Equity Star Rating
Economic Moat Premium content requiring Morningstar subscription, click to subscribe. Economic Moat
ESG Risk Rating Assessment ESG Risk Rating Assessment
Sector
9.45 Dec 31, 2016 900,117,000
INR Indian Rupee
23.05 Financial Services
8.94 May 31, 2019 851,983,000
INR Indian Rupee
22.23 20.04 Financial Services
4.95 Mar 31, 2018 471,278,000
INR Indian Rupee
-5.18 Energy
4.53 Feb 29, 2020 431,574,000
INR Indian Rupee
-17.79 21.74 Wide Technology
3.92 Aug 31, 2018 373,690,000
INR Indian Rupee
1.50 Industrials
3.12 Feb 29, 2024 297,113,000
INR Indian Rupee
2.99 Financial Services
3.07 Apr 30, 2020 292,459,000
INR Indian Rupee
-1.06 Consumer Defensive
2.98 May 31, 2019 283,868,000
INR Indian Rupee
-28.69 22.22 Wide Technology
2.92 Apr 30, 2024 277,784,000
INR Indian Rupee
-7.47 Financial Services
2.68 Jan 31, 2025 255,548,000
INR Indian Rupee
32.88 Financial Services
Holdings as of Jul 31, 2025 | The top 64 largest holdings are available for display across Equity, Bond and Other.


© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top