Mahindra Manulife ELSS Tax Saver Fund IDCW
Last Updated NAV Date: 30 Sep 2026
3 Year Returns
5.18%
NAV (₹)
15.4011
1 Day NAV Change
0.04%
Mahindra Manulife ELSS Tax Saver Fund IDCW is a scheme from Mahindra Manulife Mutual Fund AMC, launched on 18 Oct 2016 and currently managing ₹ 894.74 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹500 and a lump sum of ₹500. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.
Mahindra Manulife ELSS Tax Saver Fund IDCW Fund Details
| Min. SIP Amount | ₹ 500 |
| Min. Lumpsum Amount | ₹ 500 |
| AUM | ₹ 894.74 Cr |
| Expense Ratio | 2.55% |
| Lock-in Period | 3 Yrs |
| Inception Date | 18 Oct 2016 |
| Fund Age | 9 Yrs |
Exit Load
Nil
Fund’s Investment Objective
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.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹894.74 Cr
Cash Holdings
3.88%
Equity
95.88%
Cash
3.88%
Debt
0%
Other
0.23%
Mahindra Manulife ELSS Tax Saver Fund IDCW Sector Holdings
Last Updated: 31 Aug 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Banks | 24.91% | ₹ 222.865 | |
| Others | 15.46% | ₹ 138.291 | |
| Finance | 7.59% | ₹ 67.931 | |
| Automobile | 7.47% | ₹ 66.854 | |
| Pharmaceuticals | 7.13% | ₹ 63.789 | |
| IT - Software | 5.66% | ₹ 50.643 | |
| FMCG | 4.41% | ₹ 39.497 | |
| Telecom-Service | 4.27% | ₹ 38.176 | |
| E-Commerce/App based Aggregator | 3.80% | ₹ 34.002 | |
| Retail | 3.39% | ₹ 30.321 |
Mahindra Manulife ELSS Tax Saver Fund IDCW Stock Holdings
Last Updated: 31 Aug 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 9.90% | ₹ 88.595 | Banks | |
| HDFC Bank | 6.71% | ₹ 60.052 | Banks | |
| Bharti Airtel | 4.09% | ₹ 36.6 | Telecom-Service | |
| TREPS | 3.88% | ₹ 34.695 | Debt Others | |
| Bajaj Finance | 3.64% | ₹ 32.556 | Finance | |
| Reliance Industr | 3.10% | ₹ 27.775 | Refineries | |
| Larsen & Toubro | 2.95% | ₹ 26.36 | Infrastructure Developers & Operators | |
| Infosys | 2.58% | ₹ 23.083 | IT - Software | |
| TVS Motor Co. | 2.51% | ₹ 22.467 | Automobile | |
| Kotak Mah. Bank | 2.39% | ₹ 21.389 | Banks |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at Very High Risk
Risk Scale
AMC Information
Mahindra Manulife Mutual Fund
Funds Managed
27
Assets Managed
₹ 34,805.24 Cr
Contact Details
Registered Address
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Managing Director
Anthony Heredia
Chief Executive Officer
Mr.Anthony Heredia
Compliance Officer
Ravi Dayma
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Disclaimer
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