Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW | Mahindra Manulife ELSS Tax Saver Fund - Direct Plan NAV Today [19.29], Performance & History

Equity ELSS Direct

Regular

Direct

3 Year Absolute Returns

23.85% ↑

NAV (₹) on 19 Mar 2026

19.29

1 Day NAV Change

-3.14%

Risk Level

Very High Risk

Rating

★ ★ ★ ☆ ☆

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan is a Equity mutual fund categorized under ELSS, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 22 Aug 2016, investors can ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

22 Aug 2016

Min. Lumpsum Amount

₹ 500

Fund Age

9 Yrs

AUM

₹ 936.40 Cr.

Benchmark

Nifty 200 Total Return

Expense Ratio

0.73%

Scheme Type

Open Ended

Exit Load

Nil%

Returns Calculator

Investment amount per month

₹1,000

Over the past

Would have become

On total investment of

*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 936.40 Cr

Equity

195.5%

Money Market & Cash

3.97%

Other Assets & Liabilities

0.53%

Sector Holdings

Sectors	Weightage
Finance - Banks - Private Sector	21.67%
IT Consulting & Software	9.25%
Refineries	5.17%
Pharmaceuticals	4.68%
Consumer Electronics	3.70%
Personal Care	3.69%
Non-Banking Financial Company (NBFC)	3.59%
Finance - Banks - Public Sector	3.12%
Construction, Contracting & Engineering	3.02%
Power - Generation/Distribution	2.52%
Treps/Reverse Repo	2.27%
Cement	2.22%
Textiles - Readymade Apparels	2.01%
Oil Drilling And Exploration	1.96%
Telecom Services	1.81%
Gems, Jewellery & Precious Metals	1.76%
Hotels, Resorts & Restaurants	1.76%
Retail - Departmental Stores	1.52%
Auto - 2 & 3 Wheelers	1.50%
Electric Equipment - General	1.49%
Auto - Cars & Jeeps	1.47%
Auto - LCVs/HCVs	1.47%
Food Processing & Packaging	1.38%
Finance - Life Insurance	1.34%
Telecom Equipment	1.31%
Finance & Investments	1.29%
Auto Ancl - Electrical	1.28%
Internet & Catalogue Retail	1.15%
Domestic Appliances	0.99%
Paints/Varnishes	0.94%
Plastics - Pipes & Fittings	0.93%
Engineering - Heavy	0.89%
Realty	0.89%
Printing/Publishing/Stationery	0.88%
E-Commerce/E-Retail	0.85%
Iron & Steel	0.83%
Chemicals - Others	0.80%
Finance - Non Life Insurance	0.78%
Packaging & Containers	0.57%
Lenses/Optical Care	0.46%
Footwears	0.37%
Chemicals - Speciality	0.12%
Net Receivables/(Payables)	0.11%
Compressors	0.10%
Furniture, Furnishing & Flooring	0.06%
Milk & Milk Products	0.03%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
ICICI Bank Limited	7.87%	₹ 73.68	Finance - Banks - Private Sector
HDFC Bank Limited	7.46%	₹ 69.87	Finance - Banks - Private Sector
Reliance Industries Limited	5.17%	₹ 48.44	Refineries
Infosys Limited	3.91%	₹ 36.61	IT Consulting & Software
Bajaj Finance Ltd	3.59%	₹ 33.66	Non-Banking Financial Company (NBFC)
Axis Bank Limited	3.55%	₹ 33.21	Finance - Banks - Private Sector
State Bank of India	3.12%	₹ 29.20	Finance - Banks - Public Sector
Larsen & Toubro Limited	3.02%	₹ 28.31	Construction, Contracting & Engineering
Tata Consultancy Services Limited	3.00%	₹ 28.05	IT Consulting & Software
Hindustan Unilever Limited	2.75%	₹ 25.72	Personal Care
Triparty Repo	2.27%	₹ 21.23	Others
UltraTech Cement Limited	2.22%	₹ 20.79	Cement
Bharti Airtel Limited	1.81%	₹ 16.91	Telecom Services
IndusInd Bank Limited	1.78%	₹ 16.64	Finance - Banks - Private Sector
Titan Company Limited	1.76%	₹ 16.44	Gems, Jewellery & Precious Metals
Avenue Supermarts Limited	1.52%	₹ 14.24	Retail - Departmental Stores
Oil & Natural Gas Corporation Limited	1.49%	₹ 13.98	Oil Drilling And Exploration
TVS Motor Company Limited	1.48%	₹ 13.84	Auto - 2 & 3 Wheelers
Tata Motors Ltd	1.47%	₹ 13.73	Auto - LCVs/HCVs
Maruti Suzuki India Limited	1.40%	₹ 13.07	Auto - Cars & Jeeps
Britannia Industries Limited	1.38%	₹ 12.91	Food Processing & Packaging
Tech Mahindra Limited	1.35%	₹ 12.63	IT Consulting & Software
ICICI Prudential Life Insurance Company Limited	1.34%	₹ 12.57	Finance - Life Insurance
Indus Towers Limited	1.31%	₹ 12.27	Telecom Equipment
Tata Power Company Limited	1.30%	₹ 12.16	Power - Generation/Distribution
Tata Capital Limited	1.29%	₹ 12.04	Finance & Investments
UNO Minda Limited	1.28%	₹ 12	Auto Ancl - Electrical
NTPC Limited	1.22%	₹ 11.47	Power - Generation/Distribution
Voltas Limited	1.15%	₹ 10.77	Consumer Electronics
Info Edge India Ltd	1.15%	₹ 10.77	Internet & Catalogue Retail
Mankind Pharma Limited	1.12%	₹ 10.53	Pharmaceuticals
Dr Reddys Laboratories Limited	1.06%	₹ 9.90	Pharmaceuticals
Bandhan Bank Limited	1.01%	₹ 9.49	Finance - Banks - Private Sector
Crompton Greaves Consumer Electricals Limited	0.99%	₹ 9.31	Domestic Appliances
LTIMindtree Limited	0.99%	₹ 9.26	IT Consulting & Software
CG Power and Industrial Solutions Limited	0.97%	₹ 9.06	Electric Equipment - General
GlaxoSmithKline Pharmaceuticals Limited	0.95%	₹ 8.92	Pharmaceuticals
Asian Paints Limited	0.94%	₹ 8.79	Paints/Varnishes
Dabur India Limited	0.94%	₹ 8.81	Personal Care
Astral Limited	0.93%	₹ 8.73	Plastics - Pipes & Fittings
Dixon Technologies (India) Limited	0.92%	₹ 8.63	Consumer Electronics
Jubilant Foodworks Limited	0.91%	₹ 8.56	Hotels, Resorts & Restaurants
Jyoti CNC Automation Ltd	0.89%	₹ 8.37	Engineering - Heavy
Godrej Properties Limited	0.89%	₹ 8.34	Realty
Doms Industries Limited	0.88%	₹ 8.27	Printing/Publishing/Stationery
LG Electronics IndiaÂ Ltd	0.88%	₹ 8.20	Consumer Electronics
Page Industries Limited	0.86%	₹ 8.03	Textiles - Readymade Apparels
Devyani International Limited	0.85%	₹ 8	Hotels, Resorts & Restaurants
Swiggy Limited	0.85%	₹ 8	E-Commerce/E-Retail
Tata Steel Limited	0.83%	₹ 7.75	Iron & Steel
Navin Fluorine International Limited	0.80%	₹ 7.51	Chemicals - Others
ICICI Lombard General Insurance Company Limited	0.78%	₹ 7.32	Finance - Non Life Insurance
Neuland Laboratories Limited	0.78%	₹ 7.31	Pharmaceuticals
Biocon Limited	0.77%	₹ 7.23	Pharmaceuticals
Havells India Limited	0.75%	₹ 6.99	Consumer Electronics
Arvind Fashions Limited	0.66%	₹ 6.16	Textiles - Readymade Apparels
VIP Industries Limited	0.57%	₹ 5.37	Packaging & Containers
ABB India Limited	0.52%	₹ 4.86	Electric Equipment - General
Gokaldas Exports Limited	0.49%	₹ 4.61	Textiles - Readymade Apparels
Oil India Limited	0.47%	₹ 4.36	Oil Drilling And Exploration
Lenskart Solutions Limited	0.46%	₹ 4.28	Lenses/Optical Care
Bata India Limited	0.37%	₹ 3.51	Footwears
Aarti Industries Limited	0.12%	₹ 1.12	Chemicals - Speciality
Net Receivables / (Payables)	0.11%	₹ 1.03	Others
Elgi Equipments Limited	0.10%	₹ 0.91	Compressors
Mahindra & Mahindra Limited	0.07%	₹ 0.66	Auto - Cars & Jeeps
Wakefit Innovations Limited	0.06%	₹ 0.53	Furniture, Furnishing & Flooring
Kwality Walls (India) Limited	0.03%	₹ 0.29	Milk & Milk Products
TVS Motor Company Limited	0.02%	₹ 0.20	Auto - 2 & 3 Wheelers

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	-13.40%	-5.54%	-1.06%	7.39%
Category returns	-6.88%	2.23%	10.63%	49.63%

AMC Details

Name

Mahindra Manulife Investment Management Pvt. Ltd.

Date of Incorporation

04 Feb 2016

CEO

Mr. Anthony Heredia

CIO

Mr. Rahul Pal, Mr. Krishna Sanghavi

Type

Pvt.Sector-Joint Venture (Indian)

Address

1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai, Maharashtra, India - 400018

Website

http://www.mahindramutualfund.com

[email protected]

Top Funds from Equity - ELSS

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Nippon India ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹20.82	-0.76%	31.36%	64.17%	₹14,959	1.03%	Very High
Shriram ELSS Tax Saver Fund ELSS Regular	₹19.15	-1.13%	30.25%	45.93%	₹47	2.32%	Very High
Shriram ELSS Tax Saver Fund ELSS Regular	₹19.15	-1.11%	30.16%	45.82%	₹47	2.32%	Very High
Canara Robeco ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹71.05	-1.15%	30.08%	47.81%	₹8,800	0.60%	Very High
Canara Robeco ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹71.05	-1.15%	30.08%	47.81%	₹8,800	0.60%	Very High
PGIM India ELSS Tax Saver Fund ELSS Regular	₹30.66	-3.98%	28.88%	66.00%	₹726	2.27%	Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹27.51	-4.39%	27.98%	34.35%	₹906	1.00%	Very High
Baroda BNP Paribas ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹27.51	-4.39%	27.98%	34.35%	₹906	1.00%	Very High
Franklin India ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹65.38	-7.39%	27.79%	36.64%	₹6,407	1.07%	Very High
Franklin India ELSS Tax Saver Fund - Direct Plan ELSS Direct	₹65.38	-7.39%	27.79%	36.64%	₹6,407	1.07%	Very High

Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Mahindra Manulife Equity Savings Fund Hybrid Regular	₹20.57	5.66%	32.07%	48.47%	₹553	2.38%	Moderate
Mahindra Manulife Focused Fund Diversified Regular	₹16.64	-5.36%	31.81%	45.18%	₹2,238	1.99%	Very High
Mahindra Manulife Focused Fund Diversified Regular	₹16.64	-5.36%	31.81%	45.18%	₹2,238	1.99%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,197	2.00%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹20.04	-0.86%	31.49%	73.51%	₹2,197	2.00%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹17.70	-1.94%	29.04%	33.06%	₹2,197	2.00%	Very High
Mahindra Manulife Aggressive Hybrid Fund Balanced Regular	₹17.70	-1.94%	29.04%	33.06%	₹2,197	2.00%	Very High
Mahindra Manulife Large & Mid Cap Fund Largecap Regular	₹17.34	-4.94%	25.96%	33.35%	₹2,730	1.94%	Very High
Mahindra Manulife Large & Mid Cap Fund Largecap Regular	₹17.34	-4.94%	25.96%	33.35%	₹2,730	1.94%	Very High
Mahindra Manulife Short Duration Fund - Direct Plan STP Direct	₹13.85	7.45%	25.90%	38.22%	₹89	0.40%	Moderate

FAQs

What is the current NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹19.29 as of 19 Mar 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹936.40 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has delivered returns of -5.54% (1 Year), 7.39% (3 Year), 6.46% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW?

The minimum lumpsum investment required for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan IDCW is ₹500. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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