Mahindra Manulife ELSS Fund Regular Plan Growth

Very High Risk
Equity
ELSS (Tax Savings)

NAV as on Feb 6, 2026

Price per unit of the scheme.

₹ 28.6745-0.12%1 Day Change

-2.88%

Minimum Investment₹500

Expense Ratio2.28%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mahindra Manulife ELSS Fund Regular Plan Growth

Equity: ELSS (Tax Savings) Average NAV

Topper in Equity: ELSS (Tax Savings)

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mahindra Manulife ELSS Fund Regular Plan Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty 500 TR INR

Expense Ratio

2.28%

Category Avg Expense Ratio

0.86%

Minimum Investment (Lumpsum/SIP)

₹ 500 /₹ 1500

Lock In (Years)

Fund Size

₹ 973.16 Cr(As on Dec, 2025)

Inception Date

Oct 18, 2016

Turnover

60.00 %

Exit Load

Nil

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.

Mahindra Manulife ELSS Fund Regular Plan Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inOct 18, 2016. Its risk level is . The NAV of the fund as onFeb 06, 2026 is ₹28.67. Its expense ratio is 2.28 %. The fund has an AUM of ₹973.16 Cr.The fund is managed byManish Lodha,Fatema Pacha.
The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Fatema Pacha

Lead Fund Manager.

Oct 16, 2020 - Present

Fund Manager Rank26Out of 42
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed8
Total AUM₹ 15,282.16 Cr
Highest Return In 1 Yr10.61 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Consumption Fund Direct Growth

₹ 24.86

-3.79%

-4.36%

Very High Risk

₹559.43Cr

Mahindra Manulife Multi Cap Fund Direct Plan Growth

₹ 41.55

-2.68%

-2.71%

Very High Risk

₹6,132.78Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

₹ 17.65

-2.84%

-2.49%

Very High Risk

₹1,596.73Cr

Mahindra Manulife Consumption Fund Direct Growth

Very High Risk--

NAV₹ 24.86
Fund Size₹559.43Cr

Fund Return-3.79%

Category Return-4.36%

Mahindra Manulife Multi Cap Fund Direct Plan Growth

Very High Risk

NAV₹ 41.55
Fund Size₹6,132.78Cr

Fund Return-2.68%

Category Return-2.71%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk--

NAV₹ 17.65
Fund Size₹1,596.73Cr

Fund Return-2.84%

Category Return-2.49%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Manish Lodha

Lead Fund Manager.

Dec 21, 2020 - Present

Schemes managed10
Total AUM₹ 23,701.44 Cr
Highest Return In 1 Yr10.24 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mahindra Manulife Small Cap Fund Direct Growth

₹ 19.55

-4.37%

-3.75%

Very High Risk

₹4,223.69Cr

Mahindra Manulife Multi Cap Fund Direct Plan Growth

₹ 41.55

-2.68%

-2.71%

Very High Risk

₹6,132.78Cr

Mahindra Manulife Flexi Cap Fund Direct Growth

₹ 17.65

-2.84%

-2.49%

Very High Risk

₹1,596.73Cr

Mahindra Manulife Small Cap Fund Direct Growth

Very High Risk--

NAV₹ 19.55
Fund Size₹4,223.69Cr

Fund Return-4.37%

Category Return-3.75%

Mahindra Manulife Multi Cap Fund Direct Plan Growth

Very High Risk

NAV₹ 41.55
Fund Size₹6,132.78Cr

Fund Return-2.68%

Category Return-2.71%

Mahindra Manulife Flexi Cap Fund Direct Growth

Very High Risk--

NAV₹ 17.65
Fund Size₹1,596.73Cr

Fund Return-2.84%

Category Return-2.49%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Dec, 2025

EQUITY (98.06%)

DEBT (-%)

CASH (1.92%)

Allocation by Market Cap

Large Cap(70.47%)

Mid Cap(18.50%)

Small Cap(9.04%)

Industry Holdings

Banks Regional23.78%
Information Technology Services11.04%
Credit Services6.76%
Oil Gas Refining Marketing5.78%
Auto Manufacturers4.13%
Drug Manufacturers Specialty Generic3.96%

Stock Holdings

HDFC Bank Ltd7.89%
ICICI Bank Ltd7.47%
Reliance Industries Ltd5.66%
Infosys Ltd4.72%
Tata Consultancy Services Ltd3.60%
Axis Bank Ltd3.51%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
-0.76
This Fund
VS
0.71
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
95.21
This Fund
VS
88.62
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.90
This Fund
VS
0.95
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.67
This Fund
VS
0.77
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.07
This Fund
VS
1.26
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
11.79
This Fund
VS
12.99
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth ₹ 33,642.21 crores. It’s current offering of mutual fund schemes includes 15 equity, 4 debt and 5 hybrid schemes.

Phone

022-66327900

mfinvestors@mahindra.com

AUM

₹ 33,642.21 Cr (

As on Dec 31, 2025

)

Address

570 P. B. Marg, Worli, Mumbai 400018 Mumbai,400018

FAQ's

What is the category of Mahindra Manulife ELSS Fund Regular Plan Growth ?

The category of Mahindra Manulife ELSS Fund Regular Plan Growth is Equity - ELSS (Tax Savings)

What is the current NAV of Mahindra Manulife ELSS Fund Regular Plan Growth ?

The current NAV of Mahindra Manulife ELSS Fund Regular Plan Growth as on Feb 06, 2026 is ₹28.67

How safe is Mahindra Manulife ELSS Fund Regular Plan Growth ?

The risk level of Mahindra Manulife ELSS Fund Regular Plan Growth is Very High.

What are short term returns given by Mahindra Manulife ELSS Fund Regular Plan Growth ?

The return given by Mahindra Manulife ELSS Fund Regular Plan Growth in 1 month is -2.88%, 3 months is -0.61%, 6 months is 2.34%, and 1 year is 7.58%

What are the long term returns given by Mahindra Manulife ELSS Fund Regular Plan Growth ?

The return given by Mahindra Manulife ELSS Fund Regular Plan Growth in 3 years is 14.70% and 5 years is 14.58%.

What is the expense ratio of Mahindra Manulife ELSS Fund Regular Plan Growth ?

The expense ratio of Mahindra Manulife ELSS Fund Regular Plan Growth is 2.28%

What is the AUM of Mahindra Manulife ELSS Fund Regular Plan Growth ?

The assets under Management (AUM) of Mahindra Manulife ELSS Fund Regular Plan Growth is Rs 973.16 crores.

What is the minimum investment in Mahindra Manulife ELSS Fund Regular Plan Growth ?

The minimum Lumpsum investment in Mahindra Manulife ELSS Fund Regular Plan Growth is ₹500.00 and the minimum SIP investment in Mahindra Manulife ELSS Fund Regular Plan Growth is ₹1,500.00

What is the asset allocation of Mahindra Manulife ELSS Fund Regular Plan Growth?

Mahindra Manulife ELSS Fund Regular Plan Growth has an exposure of 98.06% in Equity and 1.92% in Cash & Money Market Securities