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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 202627.4244
CategoryELSS (Tax Saver)
PlanRegular · 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 document2.17%
AUM₹795 Cr
Growth of ₹10,000₹14,9212 Sep 2021 to 2 Sep 2026
₹16,098₹14,277₹12,457₹10,636₹8,816Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹14,921 (+8.3% a year) Mahindra Manulife ELSS Tax Saver Fund

Performance (trailing, annualised)

1Y annualised-3.01%
3Y annualised7.56%
5Y annualised8.33%

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 ₹1,17,968-3.11%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,71,4672.05%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,18,7137.15%

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

Calendar years

Calendar 202139.44%
Calendar 20222.01%
Calendar 202325.78%
Calendar 202412.29%
Calendar 20257.54%

Rolling returns

Rolling 1Y · average458 windows since 25 Oct 201712.69%
Rolling 1Y · median6.71%
Rolling 1Y · worst window-28.36%
Rolling 1Y · best window84.90%
Rolling 1Y · windows positive75%
Rolling 3Y · average355 windows since 24 Oct 201913.65%
Rolling 3Y · median14.83%
Rolling 3Y · worst window-9.16%
Rolling 3Y · best window31.60%
Rolling 3Y · windows positive90%
Rolling 5Y · average252 windows since 25 Oct 202114.88%
Rolling 5Y · median14.05%
Rolling 5Y · worst window7.03%
Rolling 5Y · best window27.19%
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)9.67%
Maximum drawdown-16.92%

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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