Mahindra Manulife ELSS Tax Saver Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Fund House : Mahindra Manulife Mutual Fund

Latest (Updated on 30th Jun 2025)

Crisil Rank
(Updated on 31st Mar 2025)

Crisil Rank
(Updated on 31st Dec 2024)

Crisil Rank
(Updated on 30th Sep 2024)

Crisil Rank
(Updated on 30th Jun 2024)

Crisil Rank

Returns (NAV as on 26th September, 2025)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	19-Sep-25	9672.20	-3.28%	-	-3.26%	29/54
1 Month	26-Aug-25	9933.70	-0.66%	-	-0.22%	37/54
3 Month	26-Jun-25	9713.00	-2.87%	-	-2.31%	36/54
6 Month	26-Mar-25	10744.10	7.44%	-	9.07%	34/54
YTD	01-Jan-25	10408.50	4.09%	-	0.57%	8/53
1 Year	26-Sep-24	9627.60	-3.72%	-3.72%	-5.56%	11/53
2 Year	26-Sep-23	13079.50	30.80%	14.34%	16.78%	40/53
3 Year	26-Sep-22	16050.40	60.50%	17.07%	18.53%	33/49
5 Year	25-Sep-20	27968.60	179.69%	22.81%	23.43%	22/49
Since Inception	18-Oct-16	33039.00	230.39%	14.29%	16.01%	44/53

Returns Calculator

SIP Returns (NAV as on 26th September, 2025)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	26-Sep-24	12000	12384.67	3.21 %	5.98 %
2 Year	26-Sep-23	24000	26289.06	9.54 %	9.01 %
3 Year	26-Sep-22	36000	44265.98	22.96 %	13.87 %
5 Year	25-Sep-20	60000	89594.46	49.32 %	16.02 %

SIP Calculator

Compare performance

Category	1 D	1 M	3 M	6 M	YTD	1 Y	2 Y	3 Y	5 Y
This Fund	-1.32%	-0.66%	-2.87%	7.44%	4.52%	-3.72%	14.34%	17.07%	22.81%
Nifty 50	-0.95%	-0.23%	-3.50%	4.97%	4.27%	-5.96%	11.95%	13.14%	17.91%
Benchmark: Nifty 500 TRI	-1.34%	-0.22%	-3.01%	7.48%	2.40%	-6.34%	15.77%	16.62%	21.70%
Category Average	-1.43%	-0.22%	-2.31%	9.07%	0.57%	-5.56%	16.78%	18.53%	23.43%
Category Rank	23/53	37/54	36/54	34/54	8/53	11/53	40/53	33/49	22/49
Best in Category	-0.81%	2.89%	2.37%	17.29%	10.32%	9.26%	30.27%	27.21%	32.30%
Worst in Category	-2.31%	-2.72%	-5.98%	1.99%	-10.93%	-14.14%	5.15%	12.51%	14.83%

quartely results (NAV as on 26th September, 2025)

Period

This Fund

Nifty 50

Nifty 500 TRI

Category Average

2025

7.87%

2.42%

Q3 - 2025	-3.08%	-3.47%	-3.82%	-0.11%
Q2 - 2025	12.35%	10.15%	12.09%	8.60%
Q1 - 2025	-2.97%	-2.43%	-6.28%	-0.52%

2024

14.66%

8.75%

14.93%

19.98%

Q4 - 2024	-7.04%	-8.34%	-7.81%	-3.03%
Q3 - 2024	5.45%	6.91%	6.68%	4.24%
Q2 - 2024	10.51%	7.48%	10.91%	9.98%
Q1 - 2024	3.12%	3.31%	5.25%	1.45%

2023

27.01%

19.48%

25.42%

27.5%

Q4 - 2023	9.15%	11.33%	12.84%	8.82%
Q3 - 2023	6.06%	1.07%	4.40%	4.10%
Q2 - 2023	13.01%	10.29%	12.52%	9.06%
Q1 - 2023	-2.29%	-4.60%	-6.22%	-2.11%

2022

3.8%

3.24%

2.10%

2.92%

Q4 - 2022	4.18%	7.76%	6.05%	-0.25%
Q3 - 2022	10.73%	8.52%	10.71%	5.44%
Q2 - 2022	-10.78%	-10.70%	-11.27%	-7.28%
Q1 - 2022	-0.56%	-0.91%	-2.04%	1.35%

2021

39.77%

23.79%

29.56%

35.14%

Q4 - 2021	1.50%	-1.02%	-0.12%	1.96%
Q3 - 2021	12.30%	12.36%	11.88%	7.33%
Q2 - 2021	11.40%	5.75%	7.97%	8.00%
Q1 - 2021	10.28%	4.80%	6.38%	3.86%

2020

15.98%

14.77%

16.48%

14.82%

Q4 - 2020	21.80%	22.46%	21.74%	13.53%
Q3 - 2020	7.64%	7.84%	9.20%	5.61%
Q2 - 2020	20.91%	24.82%	25.33%	13.94%
Q1 - 2020	-25.88%	-29.43%	-29.24%	-26.07%

2019

6.81%

11.53%

7.33%

6.98%

Q4 - 2019	4.07%	7.12%	6.89%	3.12%
Q3 - 2019	0.18%	-3.30%	-3.83%	1.40%
Q2 - 2019	0.29%	1.68%	0.11%	-0.49%
Q1 - 2019	2.37%	6.96%	5.48%	5.75%

2018

-7.66%

4.09%

-2.80%

-7.18%

Q4 - 2018	1.35%	-1.32%	0.05%	1.33%
Q3 - 2018	-0.87%	3.29%	0.62%	-6.03%
Q2 - 2018	0.17%	4.36%	0.95%	-1.27%
Q1 - 2018	-8.73%	-2.14%	-4.36%	-6.94%

2017

27.84%

27.58%

34.73%

36.38%

Q4 - 2017	8.62%	5.84%	8.91%	11.69%
Q3 - 2017	2.82%	2.54%	2.92%	3.71%
Q2 - 2017	4.07%	3.06%	3.46%	5.65%
Q1 - 2017	9.98%	12.16%	14.17%	9.71%

Best Quarters

Period	This Fund	Nifty 50	Nifty 500 TRI	Category Average
Q4 - 2020	21.80%	22.46%	21.74%	13.53%
Q2 - 2020	20.91%	24.82%	25.33%	13.94%
Q2 - 2023	13.01%	10.29%	12.52%	9.06%

Worst Quarters

Period	This Fund	Nifty 50	Nifty 500 TRI	Category Average
Q1 - 2018	-8.73%	-2.14%	-4.36%	-6.94%
Q1 - 2020	-25.88%	-29.43%	-29.24%	-26.07%
Q2 - 2022	-10.78%	-10.70%	-11.27%	-7.28%

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hunch
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34 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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  JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss
  
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shravanashok
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49 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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The Fixed Income
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23 hrs ago

Secure Fixed Returns with Senior Secured Bonds 9.15% Vivriti Capital Ltd – 2027 ✔️ Coupon: 9.15% p.a. ✔️ Rating: CARE A+ Stable ✔️ Tenor: 2y 1m (Maturity: 04/Nov/2027) Senior Secured | NBFC Bond | High Return | Listed A short-term, secured NBFC bond offering attractive returns with strong credit backing. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhbmJ3PT0=/915-vivriti-capital-limited-2027?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Secure Fixed Returns with Senior Secured Bonds 9.15% Vivriti Capital Ltd – 2027 ✔️ Coupon: 9.15% p.a. ✔️ Rating: CARE A+ Stable ✔️ Tenor: 2y 1m (Maturity: 04/Nov/2027) Senior Secured | NBFC Bond | High Return | Listed A short-term, secured NBFC bond offering attractive returns with strong credit backing. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhbmJ3PT0=/915-vivriti-capital-limited-2027?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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100 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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Progrowth Finwealth
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100 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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h_purandare
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106 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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