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Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 17.5325 1.02%
    (as on 03rd August, 2021)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

Fund has 97.15% investment in indian stocks of which 62.9% is in large cap stocks, 12.42% is in mid cap stocks, 12.16% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 02nd August, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 26-Jul-21 10114.00 1.14% - 1.42% 35/66
1 Month 02-Jul-21 10317.20 3.17% - 4.02% 37/66
3 Month 30-Apr-21 11597.20 15.97% - 16.23% 20/66
6 Month 02-Feb-21 12151.70 21.52% - 22.01% 21/66
YTD 01-Jan-21 12765.80 27.66% - 27.83% 22/66
1 Year 31-Jul-20 16048.00 60.48% 60.07% 64.14% 28/66
2 Year 02-Aug-19 16219.90 62.20% 27.32% 29.06% 27/65
3 Year 02-Aug-18 14808.40 48.08% 13.97% 14.63% 30/62
Since Inception 18-Oct-16 17355.00 73.55% 12.19% 15.25% 43/62

SIP Returns (NAV as on 02nd August, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 31-Jul-20 12000 15650.53 30.42 % 60.78 %
2 Year 02-Aug-19 24000 35250.03 46.88 % 41.91 %
3 Year 02-Aug-18 36000 53480.52 48.56 % 27.46 %
 

Tax Treatment

Portfolio (Updated on 30th Jun,2021)

Portfolio Turnover Ratio : 127.00%  |   Category average turnover ratio is 100.04%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 97.15% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.15%
No of Stocks : 52 (Category Avg - 47.72) | Large Cap Investments : 62.9%| Mid Cap Investments : 12.42% | Small Cap Investments : 12.16% | Other : 9.67%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Infosys Ltd. Computers - software 317 8.26% 0.74% 8.26% (Jun 2021) 4.65% (Aug 2020) 2.01 L 0.00
Reliance Industries Ltd. Refineries/marketing 280.5 7.31% -0.41% 8.46% (Feb 2021) 6.06% (Aug 2020) 1.33 L 0.00
HDFC Bank Ltd. Banks 279.6 7.28% -0.13% 8.92% (Jan 2021) 5.22% (Dec 2020) 1.87 L 5.00 k
ICICI Bank Ltd. Banks 249.6 6.50% -1.62% 8.45% (Apr 2021) 5.85% (Nov 2020) 3.96 L -0.60 L
Tata Consultancy Services Ltd. Computers - software 178.6 4.65% 0.11% 4.65% (Jun 2021) 2.8% (Jan 2021) 53.39 k 0.00
Hindustan Unilever Ltd. Diversified 155 4.04% 0.57% 4.75% (Jul 2020) 2.94% (Sep 2020) 62.70 k 7.50 k
Kotak Mahindra Bank Ltd. Banks 144.5 3.76% 0.08% 6.01% (Oct 2020) 1.5% (Dec 2020) 84.69 k 9.00 k
State Bank Of India Banks 89.5 2.33% -0.39% 2.72% (May 2021) 1.21% (Nov 2020) 2.14 L -0.25 L
HCL Technologies Limited Computers - software 79.2 2.06% 0.29% 2.75% (Oct 2020) 1.23% (Jan 2021) 80.50 k 11.00 k
Axis Bank Ltd. Banks 79 2.06% -0.07% 2.7% (Aug 2020) 0% (Jul 2020) 1.06 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.39%
Net Receivables Net Receivables 0.46%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th July, 2021)

  • Standard Deviation

    High volatility
    16.23vs16.04
    Category Avg
  • Beta

    High volatility
    0.9vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.69vs0.72
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.12vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.1vs2.56
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 257.55 8.06 22.03 44.56 102.55 31.34
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3295.17 3.92 16.02 25.55 80.53 16.16
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 472.62 5.56 17.80 27.87 73.39 19.43
DSP Tax Saver Fund - Regular Plan - Growth 4 8962.61 5.87 17.24 22.55 68.15 18.19
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 8337.52 4.01 14.40 18.22 66.67 20.00
Nippon India Tax Saver Fund - Growth 1 11671.52 5.08 13.62 19.33 66.39 7.58
Franklin India Taxshield Fund - Growth 3 4739.14 2.83 14.43 15.92 65.82 12.29
Motilal Oswal Long Term Equity Fund - Growth 2 2184.94 6.17 18.38 20.69 64.02 12.79
JM Tax Gain Fund - Growth 3 57.10 5.55 14.62 14.71 62.16 15.52
UTI Long Term Equity Fund (Tax Saving) - Growth 4 1974.27 5.58 15.81 16.93 61.50 15.89

More Funds from Mahindra Manulife Mutual Fund

Out of 16 mutual fund schemes offered by this AMC, 3 is/are ranked 4 * , 1 is/are ranked 3 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 10 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mahindra Manulife Liquid Fund - Regular Plan - Growth 2 1599.23 0.28 0.84 1.65 3.29 5.34
Mahindra Manulife Mid Cap Unnati Yojana - Regular Plan - Growth 4 749.86 5.44 20.12 36.32 78.41 19.47
Mahindra Manulife Low Duration Fund - Regular Plan - Growth 1 700.89 0.38 0.91 1.93 3.78 6.35
Mahindra Manulife Multi Cap Badhat Yojana - Regular Plan - Growth 4 596.74 5.27 19.93 31.22 71.52 20.20
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 383.93 3.17 15.97 21.52 60.07 13.97
Mahindra Manulife Top 250 Nivesh Yojana - Regular Plan - Growth NA 370.80 3.91 16.57 24.06 63.37 0.00
Mahindra Manulife Focused Equity Yojana - Regular Plan - Growth NA 354.51 3.50 14.59 21.12 0.00 0.00
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Growth NA 250.77 1.38 6.91 8.18 25.69 10.75
Mahindra Manulife Hybrid Equity Nivesh Yojana - Regular Plan - Growth NA 232.55 2.71 12.25 17.48 47.02 0.00
Mahindra Manulife Short Term Fund - Regular Plan - Growth NA 217.85 0.56 1.16 0.00 0.00 0.00

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