Previously Known As : Mahindra Manulife Elss Fund
Mahindra Manulife Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 27
Rating
Growth Option 21-02-2025
NAV ₹25.47(R) -0.58% ₹29.68(D) -0.58%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 3.42% 11.69% 16.26% 11.71% -%
Direct 5.06% 13.55% 18.2% 13.65% -%
Nifty 500 TRI 3.79% 13.47% 16.97% 13.57% 12.47%
SIP (XIRR) Regular -9.04% 11.08% 15.77% 14.84% -%
Direct -7.55% 12.94% 17.77% 16.78% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.33 0.18 0.53 -1.28% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.29% -16.78% -11.72% 0.93 9.13%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
Quantum ELSS Tax Saver Fund 4
Motilal Oswal ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Hsbc Tax Saver Equity Fund 7

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW 17.52
-0.1000
-0.5800%
Mahindra Manulife ELSS Tax Saver Fund- Direct Plan - IDCW 21.11
-0.1200
-0.5800%
Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth 25.47
-0.1500
-0.5800%
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth 29.68
-0.1700
-0.5800%

Review Date: 21-02-2025

Mahindra Manulife ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 27 out of 34 funds in the category. The fund has delivered return of 3.42% in 1 year, 11.69% in 3 years and 16.26% in 5 years. The category average for the same periods is 4.64%, 13.72% and 16.28% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 13.29, VaR of -16.78, Average Drawdown of -5.78, Semi Deviation of 9.13 and Max Drawdown of -11.72. The category average for the same parameters is 13.79, -17.81, -6.26, 9.74 and -12.57 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 ₹10506.0 in 1 year, ₹14639.0 in 3 years and ₹23071.0 in 5 years as of today (21-02-2025).
  2. An SIP of ₹1,000 per month in Mahindra Manulife ELSS Tax Saver Fund direct growth option would have grown to ₹11501.0 in 1 year, ₹43693.0 in 3 years and ₹93565.0 in 5 years as of today (21-02-2025).
  3. standard deviation of 13.29 and based on VaR one can expect to lose more than -16.78% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.33 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.96, Beta of 0.93 and Jensen's Alpha of -1.28% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.42 -3.35
-4.09
-12.09 | -0.28 11 | 40 Good
3M Return % -4.45 -5.00
-6.47
-16.77 | -1.50 11 | 40 Good
6M Return % -11.22 -11.16
-11.03
-23.49 | -3.08 26 | 40 Average
1Y Return % 3.42 3.79
4.64
-13.86 | 12.03 30 | 40 Average
3Y Return % 11.69 13.47
13.72
8.57 | 22.86 25 | 34 Average
5Y Return % 16.26 16.97
16.28
9.90 | 27.12 16 | 33 Good
7Y Return % 11.71 13.57
12.89
8.15 | 19.77 23 | 30 Average
1Y SIP Return % -9.04
-9.18
-31.05 | 3.15 25 | 40 Average
3Y SIP Return % 11.08
13.91
6.55 | 23.57 27 | 34 Average
5Y SIP Return % 15.77
16.98
10.25 | 24.48 22 | 33 Average
7Y SIP Return % 14.84
15.85
10.08 | 22.36 20 | 30 Average
Standard Deviation 13.29
13.79
10.24 | 17.52 12 | 34 Good
Semi Deviation 9.13
9.74
7.37 | 13.23 11 | 34 Good
Max Drawdown % -11.72
-12.57
-17.92 | -7.74 14 | 34 Good
VaR 1 Y % -16.78
-17.81
-22.63 | -14.28 12 | 34 Good
Average Drawdown % -5.78
-6.26
-9.03 | -3.19 14 | 34 Good
Sharpe Ratio 0.33
0.47
0.09 | 1.01 26 | 34 Average
Sterling Ratio 0.53
0.62
0.30 | 1.10 24 | 34 Average
Sortino Ratio 0.18
0.25
0.07 | 0.54 26 | 34 Average
Jensen Alpha % -1.28
0.83
-5.55 | 8.57 26 | 34 Average
Treynor Ratio 0.05
0.07
0.01 | 0.15 26 | 34 Average
Modigliani Square Measure % 12.13
14.02
7.54 | 22.64 25 | 34 Average
Alpha % -2.22
-0.06
-5.43 | 8.48 26 | 34 Average
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -2.29 -3.35 -4.00 -12.02 | -0.18 11 | 41
3M Return % -4.07 -5.00 -6.19 -16.52 | -1.23 10 | 41
6M Return % -10.51 -11.16 -10.56 -22.98 | -2.54 25 | 41
1Y Return % 5.06 3.79 5.77 -12.66 | 13.23 27 | 41
3Y Return % 13.55 13.47 14.97 9.42 | 23.69 20 | 34
5Y Return % 18.20 16.97 17.61 10.81 | 29.13 13 | 33
7Y Return % 13.65 13.57 14.11 9.12 | 21.46 18 | 30
1Y SIP Return % -7.55 -8.16 -30.05 | 4.31 24 | 41
3Y SIP Return % 12.94 15.19 8.44 | 24.43 24 | 34
5Y SIP Return % 17.77 18.35 11.88 | 25.32 18 | 33
7Y SIP Return % 16.78 17.11 10.99 | 24.24 15 | 30
Standard Deviation 13.29 13.79 10.24 | 17.52 12 | 34
Semi Deviation 9.13 9.74 7.37 | 13.23 11 | 34
Max Drawdown % -11.72 -12.57 -17.92 | -7.74 14 | 34
VaR 1 Y % -16.78 -17.81 -22.63 | -14.28 12 | 34
Average Drawdown % -5.78 -6.26 -9.03 | -3.19 14 | 34
Sharpe Ratio 0.33 0.47 0.09 | 1.01 26 | 34
Sterling Ratio 0.53 0.62 0.30 | 1.10 24 | 34
Sortino Ratio 0.18 0.25 0.07 | 0.54 26 | 34
Jensen Alpha % -1.28 0.83 -5.55 | 8.57 26 | 34
Treynor Ratio 0.05 0.07 0.01 | 0.15 26 | 34
Modigliani Square Measure % 12.13 14.02 7.54 | 22.64 25 | 34
Alpha % -2.22 -0.06 -5.43 | 8.48 26 | 34
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.58 ₹ 9,942.00 -0.58 ₹ 9,942.00
1W 0.32 ₹ 10,032.00 0.35 ₹ 10,035.00
1M -2.42 ₹ 9,758.00 -2.29 ₹ 9,771.00
3M -4.45 ₹ 9,555.00 -4.07 ₹ 9,593.00
6M -11.22 ₹ 8,878.00 -10.51 ₹ 8,949.00
1Y 3.42 ₹ 10,342.00 5.06 ₹ 10,506.00
3Y 11.69 ₹ 13,935.00 13.55 ₹ 14,639.00
5Y 16.26 ₹ 21,236.00 18.20 ₹ 23,071.00
7Y 11.71 ₹ 21,707.00 13.65 ₹ 24,497.00
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 -9.04 ₹ 11,401.39 -7.55 ₹ 11,500.91
3Y ₹ 36000 11.08 ₹ 42,525.14 12.94 ₹ 43,692.84
5Y ₹ 60000 15.77 ₹ 89,066.28 17.77 ₹ 93,565.08
7Y ₹ 84000 14.84 ₹ 142,654.85 16.78 ₹ 152,872.52
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Elss Tax Saver Fund NAV Regular Growth Mahindra Manulife Elss Tax Saver Fund NAV Direct Growth
21-02-2025 25.4663 29.6836
20-02-2025 25.615 29.8556
19-02-2025 25.5397 29.7666
18-02-2025 25.3986 29.6009
17-02-2025 25.4521 29.662
14-02-2025 25.3848 29.5798
13-02-2025 25.7082 29.9553
12-02-2025 25.7798 30.0375
11-02-2025 25.8293 30.0939
10-02-2025 26.3467 30.6954
07-02-2025 26.5689 30.9503
06-02-2025 26.6545 31.0487
05-02-2025 26.746 31.1539
04-02-2025 26.6574 31.0494
03-02-2025 26.2864 30.616
31-01-2025 26.3418 30.6765
30-01-2025 26.0152 30.2949
29-01-2025 25.9998 30.2757
28-01-2025 25.6541 29.8719
27-01-2025 25.5473 29.7463
24-01-2025 25.9027 30.1562
23-01-2025 26.143 30.4347
22-01-2025 26.0814 30.3617
21-01-2025 26.097 30.3785

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.