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Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth

  • Regular
  • Direct
Category : ELSS

Scheme Objective

To generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.

Scheme Details

  • Fund manager(s)Fatema Pacha , Manish Lodha
  • Launch date – 18-Oct-2016
  • Expense ratio – 2.4% as declared on 30-Jun-2021 (category average is 2.04%)
  • Benchmark - Nifty 50
  • Min SIP amount - ₹500
  • Min investment amount (one time- first time) - ₹
  • Min investment amount (addtional purchase) - ₹
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

Mahindra Manulife Investment Management Pvt. Ltd.
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Tel no.: 022-66327900
Fax no.: 022-66327932


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