Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 34.46 | 20.15 | 17.53 | N/A |
Average Rolling Returns(%) | 14.74 | 13.74 | 12.29 | N/A |
The Current NAV of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth is ₹25.71.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth fund’s expense ratio is 2.21%
The process for redemption is
The AUM of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth is currently ₹858 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 20% of its portfolio. Top 5 and 10 stocks of fund account for 28% and 42% of fund’s portfolio respectively.
Top three sectors of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth fund are BFSI, IT and Construction & Infrastructure accounting for 49% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth Fund is Equity - ELSS.
Fatema Pacha and Manish Lodha manage the Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth Fund.
Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth current PE ratio is 37.17 and PB ratio is 6.60
The asset allocation of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth is Stocks : 97.39%, Debt : 2.60% and Gold : 0%
The minimum SIP amount for Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - Growth is Nil