Previously Known As : Mahindra Manulife Elss Fund
Mahindra Manulife Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 29
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹26.77(R) +0.42% ₹31.08(D) +0.43%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 20.41% 12.31% 17.91% 11.86% -%
LumpSum (D) 22.33% 14.19% 19.88% 13.84% -%
SIP (R) -8.87% 15.07% 18.9% 16.68% -%
SIP (D) -7.32% 17.01% 20.94% 18.63% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.43 0.23 0.58 -0.2% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.38% -16.47% -12.37% 0.93 9.34%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
Hsbc Tax Saver Equity Fund 4
JM ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Quantum ELSS Tax Saver Fund 7

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW 18.42
0.0800
0.4200%
Mahindra Manulife ELSS Tax Saver Fund- Direct Plan - IDCW 22.1
0.0900
0.4300%
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth 26.77
0.1100
0.4200%
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth 31.08
0.1300
0.4300%

Review Date: 19-11-2024

Mahindra Manulife ELSS Tax Saver Fund has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 29 out of 33 funds in the category. The fund has delivered return of 20.41% in 1 year, 12.31% in 3 years and 17.91% in 5 years. The category average for the same periods is 27.66%, 14.46% and 18.84% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 13.38, VaR of -16.47, Average Drawdown of -5.2, Semi Deviation of 9.34 and Max Drawdown of -12.37. The category average for the same parameters is 13.45, -16.4, -5.62, 9.47 and -13.17 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Mahindra Manulife ELSS Tax Saver Fund direct growth option would have grown to ₹12233.0 in 1 year, ₹14888.0 in 3 years and ₹24759.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Mahindra Manulife ELSS Tax Saver Fund direct growth option would have grown to ₹11517.0 in 1 year, ₹46306.0 in 3 years and ₹101040.0 in 5 years as of today (19-11-2024).
  3. standard deviation of 13.38 and based on VaR one can expect to lose more than -16.47% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.43 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.94, Beta of 0.93 and Jensen's Alpha of -0.2% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.06
-4.88
-8.18 | -2.86 26 | 40 Average
3M Return % -5.75
-3.46
-10.24 | 2.63 35 | 40 Poor
6M Return % 2.89
5.95
-6.08 | 14.48 33 | 40 Poor
1Y Return % 20.41
27.66
11.63 | 49.45 35 | 40 Poor
3Y Return % 12.31
14.46
5.98 | 23.19 25 | 33 Average
5Y Return % 17.91
18.84
12.21 | 30.15 18 | 33 Good
7Y Return % 11.86
14.05
9.10 | 21.48 25 | 29 Poor
1Y SIP Return % -8.87
-2.48
-13.94 | 17.22 35 | 40 Poor
3Y SIP Return % 15.07
19.89
13.77 | 34.40 27 | 33 Average
5Y SIP Return % 18.90
21.03
14.00 | 29.34 25 | 33 Average
7Y SIP Return % 16.68
18.49
12.11 | 26.54 22 | 29 Average
Standard Deviation 13.38
13.45
10.30 | 16.37 16 | 33 Good
Semi Deviation 9.34
9.47
7.45 | 11.71 13 | 33 Good
Max Drawdown % -12.37
-13.17
-23.33 | -6.86 12 | 33 Good
VaR 1 Y % -16.47
-16.40
-22.63 | -13.07 20 | 33 Average
Average Drawdown % -5.20
-5.62
-8.50 | -2.91 10 | 33 Good
Sharpe Ratio 0.43
0.61
0.02 | 1.15 27 | 33 Average
Sterling Ratio 0.58
0.69
0.22 | 1.27 25 | 33 Average
Sortino Ratio 0.23
0.32
0.04 | 0.64 27 | 33 Average
Jensen Alpha % -0.20
3.28
-7.21 | 15.06 27 | 33 Average
Treynor Ratio 0.06
0.27
0.00 | 2.98 28 | 33 Poor
Modigliani Square Measure % 13.42
17.82
6.35 | 41.13 28 | 33 Poor
Alpha % -1.10
-1.22
-29.01 | 9.12 21 | 33 Average
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -4.94 -4.81 -8.10 | -2.73 24 | 41
3M Return % -5.38 -3.23 -10.00 | 2.85 36 | 41
6M Return % 3.70 6.49 -5.60 | 15.16 35 | 41
1Y Return % 22.33 29.05 13.20 | 51.25 36 | 41
3Y Return % 14.19 15.75 6.82 | 24.69 22 | 33
5Y Return % 19.88 20.20 13.16 | 32.24 16 | 33
7Y Return % 13.84 15.27 10.06 | 23.16 22 | 29
1Y SIP Return % -7.32 -1.39 -12.99 | 18.72 34 | 41
3Y SIP Return % 17.01 21.24 14.44 | 36.02 27 | 33
5Y SIP Return % 20.94 22.43 14.92 | 30.91 23 | 33
7Y SIP Return % 18.63 19.72 13.04 | 28.43 18 | 29
Standard Deviation 13.38 13.45 10.30 | 16.37 16 | 33
Semi Deviation 9.34 9.47 7.45 | 11.71 13 | 33
Max Drawdown % -12.37 -13.17 -23.33 | -6.86 12 | 33
VaR 1 Y % -16.47 -16.40 -22.63 | -13.07 20 | 33
Average Drawdown % -5.20 -5.62 -8.50 | -2.91 10 | 33
Sharpe Ratio 0.43 0.61 0.02 | 1.15 27 | 33
Sterling Ratio 0.58 0.69 0.22 | 1.27 25 | 33
Sortino Ratio 0.23 0.32 0.04 | 0.64 27 | 33
Jensen Alpha % -0.20 3.28 -7.21 | 15.06 27 | 33
Treynor Ratio 0.06 0.27 0.00 | 2.98 28 | 33
Modigliani Square Measure % 13.42 17.82 6.35 | 41.13 28 | 33
Alpha % -1.10 -1.22 -29.01 | 9.12 21 | 33
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.42 ₹ 10,042.00 0.43 ₹ 10,043.00
1W -1.52 ₹ 9,848.00 -1.49 ₹ 9,851.00
1M -5.06 ₹ 9,494.00 -4.94 ₹ 9,506.00
3M -5.75 ₹ 9,425.00 -5.38 ₹ 9,462.00
6M 2.89 ₹ 10,289.00 3.70 ₹ 10,370.00
1Y 20.41 ₹ 12,041.00 22.33 ₹ 12,233.00
3Y 12.31 ₹ 14,165.00 14.19 ₹ 14,888.00
5Y 17.91 ₹ 22,787.00 19.88 ₹ 24,759.00
7Y 11.86 ₹ 21,911.00 13.84 ₹ 24,775.00
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -8.87 ₹ 11,413.34 -7.32 ₹ 11,517.10
3Y ₹ 36000 15.07 ₹ 45,046.30 17.01 ₹ 46,306.44
5Y ₹ 60000 18.90 ₹ 96,142.74 20.94 ₹ 101,039.58
7Y ₹ 84000 16.68 ₹ 152,320.81 18.63 ₹ 163,255.51
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Elss Tax Saver Fund NAV Regular Growth Mahindra Manulife Elss Tax Saver Fund NAV Direct Growth
19-11-2024 26.7727 31.0816
18-11-2024 26.6597 30.9491
14-11-2024 26.7991 31.1056
13-11-2024 26.7763 31.0778
12-11-2024 27.1872 31.5533
11-11-2024 27.4941 31.9081
08-11-2024 27.579 32.0027
07-11-2024 27.7115 32.155
06-11-2024 27.9449 32.4244
05-11-2024 27.5512 31.9663
04-11-2024 27.3588 31.7416
31-10-2024 27.5595 31.9691
30-10-2024 27.6009 32.0157
29-10-2024 27.7148 32.1464
28-10-2024 27.4645 31.8548
25-10-2024 27.2541 31.6066
24-10-2024 27.6598 32.0759
23-10-2024 27.7229 32.1477
22-10-2024 27.7283 32.1525
21-10-2024 28.1994 32.6974

Fund Launch Date: 22/Aug/2016
Fund Category: ELSS (Tax Saving) Fund
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 Description: An open ended equity linked saving schemewith a statutory lock in of 3 years and tax benefit
Fund Benchmark: Nifty 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.