Previously Known As : Mahindra Manulife Elss Fund
Mahindra Manulife Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 28
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹27.15(R) -1.78% ₹31.56(D) -1.78%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 15.81% 14.92% 17.88% 11.74% -%
LumpSum (D) 17.66% 16.84% 19.86% 13.71% -%
SIP (R) -39.62% 11.94% 17.92% 16.4% -%
SIP (D) -38.53% 13.91% 19.99% 18.37% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.58 0.3 0.69 0.31% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.87% -14.41% -11.19% 0.92 8.94%
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
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW 18.67
-0.3400
-1.7800%
Mahindra Manulife ELSS Tax Saver Fund- Direct Plan - IDCW 22.44
-0.4100
-1.7800%
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth 27.15
-0.4900
-1.7800%
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth 31.56
-0.5700
-1.7800%

Review Date: 20-12-2024

Mahindra Manulife ELSS Tax Saver Fund has exhibited poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 28 out of 33 funds in the category. The fund has delivered return of 15.81% in 1 year, 14.92% in 3 years and 17.88% in 5 years. The category average for the same periods is 23.27%, 17.87% and 19.02% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 12.87, VaR of -14.41, Average Drawdown of -5.0, Semi Deviation of 8.94 and Max Drawdown of -11.19. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 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 ₹11766.0 in 1 year, ₹15951.0 in 3 years and ₹24735.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Mahindra Manulife ELSS Tax Saver Fund direct growth option would have grown to ₹9312.0 in 1 year, ₹44293.0 in 3 years and ₹98717.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 12.87 and based on VaR one can expect to lose more than -14.41% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.58 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.93, Beta of 0.92 and Jensen's Alpha of 0.31% 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 % 1.86
2.71
-0.34 | 7.00 27 | 40 Average
3M Return % -7.82
-5.99
-14.44 | 0.72 30 | 40 Average
6M Return % -0.78
2.52
-12.14 | 14.98 35 | 40 Poor
1Y Return % 15.81
23.27
11.16 | 51.18 34 | 40 Poor
3Y Return % 14.92
17.87
9.53 | 29.09 28 | 33 Poor
5Y Return % 17.88
19.02
11.89 | 30.16 19 | 33 Average
7Y Return % 11.74
13.86
8.59 | 20.73 25 | 29 Poor
1Y SIP Return % -39.62
-33.97
-40.29 | -15.35 36 | 37 Poor
3Y SIP Return % 11.94
17.26
10.68 | 35.25 28 | 32 Poor
5Y SIP Return % 17.92
20.14
12.89 | 30.76 25 | 32 Poor
7Y SIP Return % 16.40
18.09
11.66 | 25.00 23 | 28 Poor
Standard Deviation 12.87
13.04
10.02 | 16.62 16 | 33 Good
Semi Deviation 8.94
9.14
7.26 | 11.80 14 | 33 Good
Max Drawdown % -11.19
-11.69
-21.18 | -6.28 17 | 33 Good
VaR 1 Y % -14.41
-15.83
-22.63 | -11.90 8 | 33 Very Good
Average Drawdown % -5.00
-5.26
-7.50 | -3.00 15 | 33 Good
Sharpe Ratio 0.58
0.74
0.08 | 1.30 26 | 33 Average
Sterling Ratio 0.69
0.81
0.26 | 1.37 24 | 33 Average
Sortino Ratio 0.30
0.39
0.07 | 0.73 25 | 33 Average
Jensen Alpha % 0.31
3.67
-8.11 | 17.38 27 | 33 Average
Treynor Ratio 0.08
0.46
0.01 | 5.74 27 | 33 Average
Modigliani Square Measure % 15.34
19.74
7.07 | 47.49 25 | 33 Average
Alpha % -0.84
-1.14
-28.62 | 9.74 21 | 33 Average
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.99 2.81 -0.25 | 7.10 28 | 41
3M Return % -7.46 -5.77 -14.21 | 0.94 30 | 41
6M Return % 0.01 3.03 -11.68 | 15.66 35 | 41
1Y Return % 17.66 24.61 12.47 | 53.00 36 | 41
3Y Return % 16.84 19.20 10.39 | 30.66 25 | 33
5Y Return % 19.86 20.39 12.83 | 32.24 19 | 33
7Y Return % 13.71 15.07 9.58 | 22.41 22 | 29
1Y SIP Return % -38.53 -33.38 -39.54 | -14.23 37 | 39
3Y SIP Return % 13.91 18.65 11.78 | 36.94 27 | 32
5Y SIP Return % 19.99 21.54 13.82 | 32.36 22 | 32
7Y SIP Return % 18.37 19.32 12.60 | 26.48 18 | 28
Standard Deviation 12.87 13.04 10.02 | 16.62 16 | 33
Semi Deviation 8.94 9.14 7.26 | 11.80 14 | 33
Max Drawdown % -11.19 -11.69 -21.18 | -6.28 17 | 33
VaR 1 Y % -14.41 -15.83 -22.63 | -11.90 8 | 33
Average Drawdown % -5.00 -5.26 -7.50 | -3.00 15 | 33
Sharpe Ratio 0.58 0.74 0.08 | 1.30 26 | 33
Sterling Ratio 0.69 0.81 0.26 | 1.37 24 | 33
Sortino Ratio 0.30 0.39 0.07 | 0.73 25 | 33
Jensen Alpha % 0.31 3.67 -8.11 | 17.38 27 | 33
Treynor Ratio 0.08 0.46 0.01 | 5.74 27 | 33
Modigliani Square Measure % 15.34 19.74 7.07 | 47.49 25 | 33
Alpha % -0.84 -1.14 -28.62 | 9.74 21 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.78 ₹ 9,822.00 -1.78 ₹ 9,822.00
1W -4.41 ₹ 9,559.00 -4.38 ₹ 9,562.00
1M 1.86 ₹ 10,186.00 1.99 ₹ 10,199.00
3M -7.82 ₹ 9,218.00 -7.46 ₹ 9,254.00
6M -0.78 ₹ 9,922.00 0.01 ₹ 10,001.00
1Y 15.81 ₹ 11,581.00 17.66 ₹ 11,766.00
3Y 14.92 ₹ 15,179.00 16.84 ₹ 15,951.00
5Y 17.88 ₹ 22,766.00 19.86 ₹ 24,735.00
7Y 11.74 ₹ 21,748.00 13.71 ₹ 24,575.00
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 -39.62 ₹ 9,228.85 -38.53 ₹ 9,311.69
3Y ₹ 36000 11.94 ₹ 43,049.38 13.91 ₹ 44,293.28
5Y ₹ 60000 17.92 ₹ 93,854.76 19.99 ₹ 98,716.62
7Y ₹ 84000 16.40 ₹ 150,773.78 18.37 ₹ 161,735.28
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Elss Tax Saver Fund NAV Regular Growth Mahindra Manulife Elss Tax Saver Fund NAV Direct Growth
20-12-2024 27.1481 31.5592
19-12-2024 27.64 32.1296
18-12-2024 27.8937 32.4232
17-12-2024 28.0833 32.6421
16-12-2024 28.3544 32.9558
13-12-2024 28.3992 33.0036
12-12-2024 28.2467 32.8251
11-12-2024 28.3793 32.9777
10-12-2024 28.341 32.9319
09-12-2024 28.2519 32.8269
06-12-2024 28.2578 32.8295
05-12-2024 28.268 32.84
04-12-2024 28.0816 32.6221
03-12-2024 28.006 32.5329
02-12-2024 27.7723 32.26
29-11-2024 27.624 32.0836
28-11-2024 27.3876 31.8077
27-11-2024 27.6355 32.0942
26-11-2024 27.567 32.0133
25-11-2024 27.5252 31.9634
22-11-2024 27.1228 31.4921
21-11-2024 26.6513 30.9433

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.