Home
/
Mutual Funds
/
Mahindra Manulife ELSS Tax Saver Fund Direct Growth

Mahindra Manulife ELSS Tax Saver Fund Direct Growth

NAV ₹34.58 as on 17 Nov 2025

RiskVery High

Fund Size₹970.35Cr

NAV	₹34.58 as on 17 Nov 2025
Risk	Very High
Fund Size	₹970.35Cr

Investment Details

Lock-in

3 Years

Min One Time Amount

₹500

Min Withdrawal Amount

₹-

Min SIP Amount

₹500

Min Additional Amount

₹500

Exit Load

Nil

Basic Details

Age

9 years 1 months (Since Oct 18, 2016)

Return since Launch

14.63%

Expense ratio

0.6%

Type

OPEN

AUM (Fund Size)

₹970.35

Risk Grade

Very High

Benchmark

Nifty 500 TRI

Calculate Your Returns

Select Duration

Choose Amount

₹

Returns

Total investment of ₹2,40,000

Would have become ₹61,949 (+209.74%)

Fund Manager

Name:

Fatema Pacha

Experience:

Ms. Fatema Pacha has over 18 years of work experience of which around 15 years have been in the field of equity research and managing of funds. Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

Asset Allocation

HDFC Bank 7.89%

ICICI Bank 7.16%

Reliance Industr 5.38%

Infosys 4.83%

Bajaj Finance 3.60%

Axis Bank 3.60%

Larsen & Toubro 3.40%

SBI 3.22%

TCS 2.95%

Hind. Unilever 2.85%

Bharti Airtel 2.69%

Cholaman.Inv.&Fn 2.68%

Titan Company 1.89%

UltraTech Cem. 1.87%

IndusInd Bank 1.70%

Tata Steel 1.60%

Tata Power Co. 1.59%

Britannia Inds. 1.50%

ICICI Pru Life 1.29%

Asian Paints 1.26%

Info Edg.(India) 1.24%

TVS Motor Co. 1.18%

Page Industries 1.15%

LTIMindtree 1.09%

Voltas 1.07%

Crompton Gr. Con 1.05%

Jyoti CNC Auto. 1.04%

Uno Minda 1.03%

Jubilant Food. 0.99%

Neuland Labs. 0.97%

Dr Reddy's Labs 0.95%

CG Power & Ind 0.95%

Eicher Motors 0.94%

Navin Fluo.Intl. 0.94%

Doms Industries 0.94%

Cipla 0.93%

Swiggy 0.89%

Tech Mahindra 0.88%

Tata Capital 0.88%

Mankind Pharma 0.87%

Glaxosmi. Pharma 0.87%

Avenue Super. 0.86%

Devyani Intl. 0.83%

Godrej Propert. 0.83%

SBI Cards 0.83%

Gokaldas Exports 0.82%

Dixon Technolog. 0.80%

Astral 0.78%

Vinati Organics 0.75%

Arvind Fashions. 0.73%

Bata India 0.72%

V I P Inds. 0.71%

Maruti Suzuki 0.63%

ICICI Lombard 0.63%

Indus Towers 0.60%

Tata Motors PVeh 0.60%

GHCL 0.56%

LG Electronics 0.49%

Havells India 0.46%

TML Commercial 0.38%

Kajaria Ceramics 0.36%

Interglobe Aviat 0.35%

See All

TREPS 2.11%

Net CA & Others 0.35%

TVS Motor Co. 0.02%

See All

Scheme Holding Summary

Banks

23.57%

IT - Software

9.75%

Finance

7.99%

Refineries

5.38%

Pharmaceuticals

4.59%

FMCG

4.35%

Consumer Durables

3.87%

Infrastructure Developers & Operators

3.40%

Automobile

3.35%

Telecom-Service

2.69%

Debt Others

2.46%

Chemicals

2.25%

E-Commerce/App based Aggregator

2.13%

Readymade Garments/ Apparells

1.97%

Insurance

1.92%

Diamond, Gems and Jewellery

1.89%

Cement

1.87%

Quick Service Restaurant

1.82%

Steel

1.60%

Power Generation & Distribution

1.59%

Plastic products

1.49%

Paints/Varnish

1.26%

Capital Goods-Non Electrical Equipment

1.04%

Auto Ancillaries

1.03%

Capital Goods - Electrical Equipment

0.95%

Printing & Stationery

0.94%

Retail

0.86%

Realty

0.83%

Trading

0.73%

Leather

0.72%

Telecom Equipment & Infra Services

0.60%

Miscellaneous

0.38%

Ceramic Products

0.36%

Air Transport Service

0.35%

Preference n Warrants

0.02%

See All

Banks

HDFC Bank Ltd

7.89%

ICICI Bank Ltd

7.16%

Axis Bank Ltd

3.60%

State Bank of India

3.22%

IndusInd Bank Ltd

1.70%

Refineries

Reliance Industries Ltd

5.38%

IT - Software

Infosys Ltd

4.83%

Tata Consultancy Services Ltd

2.95%

LTIMindtree Ltd

1.09%

Tech Mahindra Ltd

0.88%

Finance

Bajaj Finance Ltd

3.60%

Cholamandalam Investment & Finance Company Ltd

2.68%

Tata Capital Ltd

0.88%

SBI Cards & Payment Services Ltd

0.83%

Infrastructure Developers & Operators

Larsen & Toubro Ltd

3.40%

FMCG

Hindustan Unilever Ltd

2.85%

Britannia Industries Ltd

1.50%

Telecom-Service

Bharti Airtel Ltd

2.69%

Debt Others

Diamond, Gems and Jewellery

Titan Company Ltd

1.89%

Cement

UltraTech Cement Ltd

1.87%

Steel

Tata Steel Ltd

1.60%

Power Generation & Distribution

Tata Power Company Ltd

1.59%

Insurance

ICICI Prudential Life Insurance Company Ltd

1.29%

ICICI Lombard General Insurance Company Ltd

0.63%

Paints/Varnish

Asian Paints Ltd

1.26%

E-Commerce/App based Aggregator

Info Edge (India) Ltd

1.24%

Swiggy Ltd

0.89%

Automobile

TVS Motor Company Ltd

1.18%

Eicher Motors Ltd

0.94%

Maruti Suzuki India Ltd

0.63%

Tata Motors Passenger Vehicles Ltd

0.60%

Readymade Garments/ Apparells

Page Industries Ltd

1.15%

Gokaldas Exports Ltd

0.82%

Consumer Durables

Voltas Ltd

1.07%

Crompton Greaves Consumer Electricals Ltd

1.05%

Dixon Technologies (India) Ltd

0.80%

LG Electronics India Ltd

0.49%

Havells India Ltd

0.46%

Capital Goods-Non Electrical Equipment

Jyoti CNC Automation Ltd

1.04%

Auto Ancillaries

Uno Minda Ltd

1.03%

Quick Service Restaurant

Jubilant Foodworks Ltd

0.99%

Devyani International Ltd

0.83%

Pharmaceuticals

Neuland Laboratories Ltd

0.97%

Dr Reddys Laboratories Ltd

0.95%

Cipla Ltd

0.93%

Mankind Pharma Ltd

0.87%

Glaxosmithkline Pharmaceuticals Ltd

0.87%

Capital Goods - Electrical Equipment

CG Power & Industrial Solutions Ltd

0.95%

Chemicals

Navin Fluorine International Ltd

0.94%

Vinati Organics Ltd

0.75%

GHCL Ltd

0.56%

Printing & Stationery

Doms Industries Ltd

0.94%

Retail

Avenue Supermarts Ltd

0.86%

Realty

Godrej Properties Ltd

0.83%

Plastic products

Astral Ltd

0.78%

V I P Industries Ltd

0.71%

Trading

Arvind Fashions Ltd

0.73%

Leather

Bata India Ltd

0.72%

Telecom Equipment & Infra Services

Indus Towers Ltd

0.60%

Miscellaneous

Tata Motors Ltd

0.38%

Ceramic Products

Kajaria Ceramics Ltd

0.36%

Air Transport Service

Interglobe Aviation Ltd

0.35%

Preference n Warrants

TVS Motor Company Ltd

0.02%

See All

Riskometer

Level of risk in the scheme

Moderate

High

Low

Very
High

Your investment will be at Very High Risk

Fund house & investment objective

MAHINDRA MANULIFE MUTUAL FUND

Rank (total assets)	#24 in India
Total AUM	₹31,672.68Cr

Date of Incorporation	04 Feb 2016

Mahindra Manulife ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 18 Oct 2016. The fund currently has an Asset Under Management(AUM) of ₹31,672.68 Cr and the Latest NAV as of 17 Nov 2025 is ₹34.58.
The Mahindra Manulife ELSS Tax Saver Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹500 . Minimum Lumpsum Investment is ₹500. Exit load of Nil.

Returns and Rankings

Category: Equity ELSS

Annualised returns

Absolute returns

	1Y	3Y	5Y	All
Fund returns	11.17%	5.22%	3.88%	1.53%
Category average	7.03%	5.53%	3.90%	-
Rank within category	7	28	15	-

FAQ’s

What kind of returns does Mahindra Manulife ELSS Tax Saver Fund Direct Growth provide?

Mahindra Manulife ELSS Tax Saver Fund Direct Growth has given a return of 16.49% in the past 3 years.

What is the expense ratio charged by Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

The Expense Ratio charged by Mahindra Manulife ELSS Tax Saver Fund Direct Growth is 0.6%.

What is the AUM size of Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

The AUM size of Mahindra Manulife ELSS Tax Saver Fund Direct Growth is ₹970.35Cr.

What is the minimum SIP amount that you can invest in Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

₹500 is the minimum SIP amount that you can invest in Mahindra Manulife ELSS Tax Saver Fund Direct Growth .

What are the top stock holdings of Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

The top stock holdings of Mahindra Manulife ELSS Tax Saver Fund Direct Growth include , HDFC Bank Ltd , ICICI Bank Ltd , Axis Bank Ltd and State Bank of India.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.

window.addEventListener('load', function () { setTimeout(function () { var iframe = document.createElement('iframe'); iframe.src = 'https://www.googletagmanager.com/ns.html?id=GTM-55W5BH8P'; iframe.height = 0; iframe.width = 0; iframe.style.display = 'none'; iframe.style.visibility = 'hidden'; document.body.appendChild(iframe); }, 10000); });

Mahindra Manulife ELSS Tax Saver Fund Direct Growth

Open FREE 3-in-1 Account

Start SIPs at just ₹100

Banks

IT - Software

Finance

Refineries

Pharmaceuticals

FMCG

Consumer Durables

Infrastructure Developers & Operators

Automobile

Telecom-Service

Debt Others

Chemicals

E-Commerce/App based Aggregator

Readymade Garments/ Apparells

Insurance

Diamond, Gems and Jewellery

Cement

Quick Service Restaurant

Steel

Power Generation & Distribution

Plastic products

Paints/Varnish

Capital Goods-Non Electrical Equipment

Auto Ancillaries

Capital Goods - Electrical Equipment

Printing & Stationery

Retail

Realty

Trading

Leather

Telecom Equipment & Infra Services

Miscellaneous

Ceramic Products

Air Transport Service

Preference n Warrants

Banks

Refineries

IT - Software

Finance

Infrastructure Developers & Operators

FMCG

Telecom-Service

Debt Others

Diamond, Gems and Jewellery

Cement

Steel

Power Generation & Distribution

Insurance

Paints/Varnish

E-Commerce/App based Aggregator

Automobile

Readymade Garments/ Apparells

Consumer Durables

Capital Goods-Non Electrical Equipment

Auto Ancillaries

Quick Service Restaurant

Pharmaceuticals

Capital Goods - Electrical Equipment

Chemicals

Printing & Stationery

Retail

Realty

Plastic products

Trading

Leather

Telecom Equipment & Infra Services

Miscellaneous

Ceramic Products

Air Transport Service

Preference n Warrants

Category: Equity ELSS

FAQ’s

What kind of returns does Mahindra Manulife ELSS Tax Saver Fund Direct Growth provide?

What is the expense ratio charged by Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

What is the AUM size of Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

What is the minimum SIP amount that you can invest in Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

What are the top stock holdings of Mahindra Manulife ELSS Tax Saver Fund Direct Growth?

Open FREE
3-in-1 Account

Start SIPs at just
₹100