Equity · Equity Scheme - ELSS - Tax Saver Fund
Mahindra Manulife ELSS Tax Saver Fund
Open in live screener →Key metrics
Latest NAV
₹32.55
Day change
-0.43%
Volatility
15.2%
Sharpe
-0.60
Max drawdown
-35.9%
Expense ratio
0.68%
AUM
₹878 Cr
Category rank
20 / 20
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.63% | -2.75% | 4.05% | 0.13% | -2.63% | 8.38% | 9.84% | 16.19% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Mahindra Manulife ELSS Tax Saver Fund is a tax-saving (ELSS) equity fund offered by Mahindra Manulife Mutual Fund, classified under Equity as Equity Scheme - ELSS - Tax Saver Fund. ELSS funds carry equity-market risk and a statutory three-year lock-in. Its latest NAV is ₹32.55, with assets under management of about ₹878 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Mahindra Manulife ELSS Tax Saver Fund has recorded a return of about -2.6%, with a three-year return of 8.4% and a five-year return of 9.8%. Its annualised volatility is 15.2% — moderate fluctuations — and its Sharpe ratio is -0.60, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.68%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 14.71 | 8.72 | -29.94 | 95.01 | 81% | 41% |
| 3Y | 15.60 | 16.68 | -8.36 | 34.99 | 93% | 73% |
| 5Y | 16.87 | 16.11 | 9.04 | 29.65 | 100% | 81% |
| 7Y | 15.18 | 15.09 | 12.61 | 17.70 | 100% | 100% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Mahindra Manulife ELSS Tax Saver Fund invest in?
It invests primarily in a diversified equity portfolio eligible for tax deduction under Section 80C.
How is this fund classified?
It is a Equity Scheme - ELSS - Tax Saver Fund fund in the Equity group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.68% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Equity Scheme - ELSS - Tax Saver Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Groww ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.15 | 4.35 | 1.20 | -3.62 | 9.93 | 9.09 | – | 0.79 |
| WhiteOak Capital ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -0.59 | 8.22 | 11.26 | 6.26 | 16.88 | – | – | 0.64 |
| HSBC ELSS Tax saver Fund Equity Scheme - ELSS - Tax Saver Fund | -0.92 | 5.89 | 10.09 | 7.88 | 16.31 | – | – | 0.96 |
| NJ ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.24 | 5.32 | 6.68 | -1.13 | 9.69 | – | – | – |
| Bajaj Finserv ELSS - Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -1.01 | 5.51 | 8.38 | 7.37 | – | – | – | 0.67 |
| Canara Robeco ELSS - Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.34 | 4.31 | 4.18 | 3.30 | 11.95 | 10.38 | 14.88 | – |
| BANDHAN ELSS - Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -2.14 | 3.52 | 2.85 | 3.61 | 9.74 | 12.21 | 14.93 | 0.61 |
| Edelweiss ELSS Tax Saver Fund Equity Scheme - ELSS - Tax Saver Fund | -1.46 | 6.21 | 6.99 | 8.73 | 14.21 | 12.57 | 13.40 | 0.69 |
More funds from Mahindra Manulife
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mahindra Manulife Short Term Fund Income/Debt Oriented Schemes - Short Term Fund | 0.15 | 2.17 | 3.36 | 6.28 | 7.84 | 6.66 | – | – |
| Mahindra Manulife Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -0.63 | 5.15 | 3.60 | 0.77 | 10.66 | 11.65 | – | 0.49 |
| Mahindra Manulife Asia Pacific REITs FOF Other Scheme - FoF Overseas | -1.78 | 0.76 | 2.25 | 8.27 | 10.10 | – | – | 0.44 |
| Mahindra Manulife Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund/ Dynamic Asset Allocation | -0.23 | 5.23 | 5.72 | 6.14 | 11.28 | – | – | 0.59 |
| Mahindra Manulife Small Cap Fund Equity Scheme - Small Cap Fund | 4.09 | 13.87 | 27.51 | 20.96 | 20.89 | – | – | 0.48 |
| Mahindra Manulife Business Cycle Fund Sectoral/Thematic - Business Cycle | -1.31 | 3.12 | 5.92 | 10.95 | – | – | – | 0.52 |
| Mahindra Manulife Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | 0.22 | 4.76 | 5.24 | 16.64 | – | – | – | 0.43 |
| Mahindra Manulife Manufacturing Fund Sectoral/Thematic - Manufacturing | 0.71 | 8.04 | 12.42 | 13.47 | – | – | – | 0.78 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.