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OmniAsset › Mutual funds › Mahindra Manulife ELSS Tax Saver Fund

Mahindra Manulife ELSS Tax Saver Fund

ELSS (Tax Saver) fund benchmarked to Nifty 500 TRI Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202632.7176
CategoryELSS (Tax Saver)
PlanDirect · Growth
Launched22 Aug 2016
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI Index
Expense ratiodirect plan, a year · stated maximum, from the scheme document0.61%
AUM₹48.0 Cr
Growth of ₹10,000₹16,1722 Sep 2021 to 2 Sep 2026
₹17,232₹15,158₹13,084₹11,010₹8,937Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹16,172 (+10.1% a year) Mahindra Manulife ELSS Tax Saver Fund

Performance (trailing, annualised)

1Y annualised-1.54%
3Y annualised9.24%
5Y annualised10.09%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,18,913-1.67%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,80,6533.65%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,50,9938.91%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202141.75%
Calendar 20223.80%
Calendar 202327.84%
Calendar 202414.09%
Calendar 20259.22%

Rolling returns

Rolling 1Y · average458 windows since 25 Oct 201714.69%
Rolling 1Y · median8.63%
Rolling 1Y · worst window-27.13%
Rolling 1Y · best window88.01%
Rolling 1Y · windows positive81%
Rolling 3Y · average355 windows since 24 Oct 201915.63%
Rolling 3Y · median16.68%
Rolling 3Y · worst window-7.28%
Rolling 3Y · best window33.85%
Rolling 3Y · windows positive93%
Rolling 5Y · average252 windows since 25 Oct 202116.88%
Rolling 5Y · median16.12%
Rolling 5Y · worst window9.05%
Rolling 5Y · best window29.31%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)13.25%
Downside deviation (3Y)9.62%
Maximum drawdown-16.36%

Management

Fund managerFM-1 Mr. Neelesh Dhamnaskar
Managing since3 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 3 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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