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: 20-01-2025
NAV ₹26.47(R) +0.33% ₹30.81(D) +0.34%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.16% 11.11% 17.22% 11.22% -%
LumpSum (D) 9.89% 12.96% 19.18% 13.16% -%
SIP (R) -29.91% 11.17% 16.81% 15.68% -%
SIP (D) -28.64% 13.1% 18.86% 17.64% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.4 0.22 0.56 -0.47% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.0% -14.41% -12.25% 0.93 8.85%
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
Taurus ELSS tax saver fund 5
Quantum ELSS Tax Saver Fund 6
Parag Parikh ELSS Tax Saver Fund 7

NAV Date: 20-01-2025

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW 18.21
0.0600
0.3300%
Mahindra Manulife ELSS Tax Saver Fund- Direct Plan - IDCW 21.91
0.0700
0.3400%
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth 26.47
0.0900
0.3300%
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth 30.81
0.1000
0.3400%

Review Date: 20-01-2025

Mahindra Manulife ELSS Tax Saver Fund has shown 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 8.16% in 1 year, 11.11% in 3 years and 17.22% in 5 years. The category average for the same periods is 14.4%, 13.76% and 17.85% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 13.0, VaR of -14.41, Average Drawdown of -5.4, Semi Deviation of 8.85 and Max Drawdown of -12.25. The category average for the same parameters is 13.18, -15.91, -5.63, 9.14 and -12.47 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 ₹10989.0 in 1 year, ₹14414.0 in 3 years and ₹24043.0 in 5 years as of today (20-01-2025).
  2. An SIP of ₹1,000 per month in Mahindra Manulife ELSS Tax Saver Fund direct growth option would have grown to ₹10040.0 in 1 year, ₹43785.0 in 3 years and ₹96062.0 in 5 years as of today (20-01-2025).
  3. standard deviation of 13.0 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 0.4 which shows poor 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 -0.47% which exhibit poor 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 % -2.49
-3.28
-7.52 | -0.48 14 | 40 Good
3M Return % -6.13
-5.99
-11.01 | -1.30 25 | 40 Average
6M Return % -7.07
-3.45
-13.38 | 7.06 36 | 40 Poor
1Y Return % 8.16
14.40
0.45 | 32.30 35 | 40 Poor
3Y Return % 11.11
13.76
6.95 | 22.57 27 | 34 Average
5Y Return % 17.22
17.85
11.12 | 29.61 19 | 33 Average
7Y Return % 11.22
12.76
7.93 | 20.11 24 | 30 Average
1Y SIP Return % -29.91
-26.11
-37.28 | -13.69 34 | 40 Poor
3Y SIP Return % 11.17
15.59
9.90 | 30.11 30 | 34 Poor
5Y SIP Return % 16.81
18.86
11.87 | 27.51 26 | 33 Average
7Y SIP Return % 15.68
17.28
10.90 | 24.67 24 | 30 Average
Standard Deviation 13.00
13.18
10.05 | 16.99 17 | 33 Good
Semi Deviation 8.85
9.14
7.17 | 11.99 10 | 33 Good
Max Drawdown % -12.25
-12.47
-22.25 | -6.80 18 | 33 Good
VaR 1 Y % -14.41
-15.91
-23.69 | -11.90 8 | 33 Very Good
Average Drawdown % -5.40
-5.63
-8.24 | -3.12 13 | 33 Good
Sharpe Ratio 0.40
0.62
0.04 | 1.31 29 | 33 Poor
Sterling Ratio 0.56
0.71
0.23 | 1.24 27 | 33 Average
Sortino Ratio 0.22
0.34
0.05 | 0.73 29 | 33 Poor
Jensen Alpha % -0.47
2.70
-7.10 | 12.72 29 | 33 Poor
Treynor Ratio 0.06
0.09
0.01 | 0.20 29 | 33 Poor
Modigliani Square Measure % 13.07
16.14
6.52 | 25.68 28 | 33 Poor
Alpha % -1.28
1.81
-8.52 | 11.50 27 | 33 Average
Return data last Updated On : Jan. 20, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.37 -3.17 -7.43 | -0.38 14 | 41
3M Return % -5.77 -5.73 -10.76 | -0.91 24 | 41
6M Return % -6.34 -2.94 -12.91 | 7.70 36 | 41
1Y Return % 9.89 15.62 1.82 | 33.89 35 | 41
3Y Return % 12.96 15.02 7.79 | 24.06 25 | 34
5Y Return % 19.18 19.20 12.04 | 31.67 16 | 33
7Y Return % 13.16 13.98 8.78 | 21.80 20 | 30
1Y SIP Return % -28.64 -25.21 -36.52 | -12.51 36 | 41
3Y SIP Return % 13.10 16.93 11.22 | 31.74 28 | 34
5Y SIP Return % 18.86 20.27 12.79 | 29.09 24 | 33
7Y SIP Return % 17.64 18.56 11.82 | 26.56 19 | 30
Standard Deviation 13.00 13.18 10.05 | 16.99 17 | 33
Semi Deviation 8.85 9.14 7.17 | 11.99 10 | 33
Max Drawdown % -12.25 -12.47 -22.25 | -6.80 18 | 33
VaR 1 Y % -14.41 -15.91 -23.69 | -11.90 8 | 33
Average Drawdown % -5.40 -5.63 -8.24 | -3.12 13 | 33
Sharpe Ratio 0.40 0.62 0.04 | 1.31 29 | 33
Sterling Ratio 0.56 0.71 0.23 | 1.24 27 | 33
Sortino Ratio 0.22 0.34 0.05 | 0.73 29 | 33
Jensen Alpha % -0.47 2.70 -7.10 | 12.72 29 | 33
Treynor Ratio 0.06 0.09 0.01 | 0.20 29 | 33
Modigliani Square Measure % 13.07 16.14 6.52 | 25.68 28 | 33
Alpha % -1.28 1.81 -8.52 | 11.50 27 | 33
Return data last Updated On : Jan. 20, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.33 ₹ 10,033.00 0.34 ₹ 10,034.00
1W 1.42 ₹ 10,142.00 1.45 ₹ 10,145.00
1M -2.49 ₹ 9,751.00 -2.37 ₹ 9,763.00
3M -6.13 ₹ 9,387.00 -5.77 ₹ 9,423.00
6M -7.07 ₹ 9,293.00 -6.34 ₹ 9,366.00
1Y 8.16 ₹ 10,816.00 9.89 ₹ 10,989.00
3Y 11.11 ₹ 13,718.00 12.96 ₹ 14,414.00
5Y 17.22 ₹ 22,129.00 19.18 ₹ 24,043.00
7Y 11.22 ₹ 21,045.00 13.16 ₹ 23,762.00
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 -29.91 ₹ 9,947.66 -28.64 ₹ 10,039.54
3Y ₹ 36000 11.17 ₹ 42,573.64 13.10 ₹ 43,784.68
5Y ₹ 60000 16.81 ₹ 91,371.72 18.86 ₹ 96,062.34
7Y ₹ 84000 15.68 ₹ 146,969.93 17.64 ₹ 157,605.17
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Elss Tax Saver Fund NAV Regular Growth Mahindra Manulife Elss Tax Saver Fund NAV Direct Growth
20-01-2025 26.4708 30.8123
17-01-2025 26.384 30.7074
16-01-2025 26.4902 30.8296
15-01-2025 26.3383 30.6515
14-01-2025 26.2789 30.5811
13-01-2025 26.101 30.3728
10-01-2025 26.644 31.0007
09-01-2025 26.9295 31.3315
08-01-2025 27.112 31.5425
07-01-2025 27.2034 31.6474
06-01-2025 27.0407 31.4568
03-01-2025 27.4969 31.9834
02-01-2025 27.6607 32.1726
01-01-2025 27.2919 31.7422
31-12-2024 27.1807 31.6115
30-12-2024 27.1771 31.606
27-12-2024 27.3335 31.7838
26-12-2024 27.2601 31.6975
24-12-2024 27.2689 31.7051
23-12-2024 27.2462 31.6772
20-12-2024 27.1481 31.5592

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.