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Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 18.0115 -0.22%
    (as on 18th June, 2021)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 97.77% investment in indian stocks of which 64.73% is in large cap stocks, 13.11% is in mid cap stocks, 10.15% 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 18th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Jun-21 9979.40 -0.21% - -1.07% 5/63
1 Month 18-May-21 10607.30 6.07% - 5.02% 12/63
3 Month 18-Mar-21 11191.30 11.91% - 11.95% 20/63
6 Month 18-Dec-20 12501.90 25.02% - 21.86% 16/63
YTD 01-Jan-21 12168.90 21.69% - 20.00% 17/63
1 Year 18-Jun-20 16742.70 67.43% 67.43% 67.41% 23/63
2 Year 18-Jun-19 14836.60 48.37% 21.77% 21.07% 24/61
3 Year 18-Jun-18 14963.30 49.63% 14.36% 13.31% 21/57
Since Inception 18-Oct-16 18011.50 80.12% 13.43% 15.37% 40/57

SIP Returns (NAV as on 18th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 18-Jun-20 12000 15816.61 31.81 % 63.71 %
2 Year 18-Jun-19 24000 34607.65 44.2 % 39.63 %
3 Year 18-Jun-18 36000 52783.82 46.62 % 26.48 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

Portfolio Turnover Ratio : 128.00%  |   Category average turnover ratio is 25.74%  
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 : 97.77% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.77%
No of Stocks : 54 (Category Avg - 47.78) | Large Cap Investments : 64.73%| Mid Cap Investments : 13.11% | Small Cap Investments : 10.15% | Other : 9.78%

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
ICICI Bank Ltd. Banks 302 8.12% -0.33% 8.45% (Apr 2021) 5.85% (Nov 2020) 4.56 L -0.35 L
Reliance Industries Ltd. Refineries/marketing 287.1 7.72% -0.07% 8.46% (Feb 2021) 6.06% (Aug 2020) 1.33 L -3.30 k
Infosys Ltd. Computers - software 279.5 7.52% -0.07% 8.1% (Dec 2020) 3.96% (Jun 2020) 2.01 L 5.00 k
HDFC Bank Ltd. Banks 275.4 7.41% 0.05% 8.92% (Jan 2021) 5.22% (Dec 2020) 1.82 L 0.00
Tata Consultancy Services Ltd. Computers - software 168.7 4.54% -0.11% 4.65% (Apr 2021) 2.8% (Jan 2021) 53.39 k 0.00
Kotak Mahindra Bank Ltd. Banks 136.8 3.68% -0.12% 6.01% (Oct 2020) 1.5% (Dec 2020) 75.69 k 0.00
Hindustan Unilever Ltd. Diversified 129.2 3.47% -0.26% 4.93% (Jun 2020) 2.94% (Sep 2020) 55.20 k 0.00
State Bank Of India Banks 101.2 2.72% 0.13% 2.72% (May 2021) 1.21% (Nov 2020) 2.39 L -0.17 L
Larsen & Toubro Ltd. Engineering, designing, construction 88.4 2.38% 0.06% 3% (Jun 2020) 1.43% (Nov 2020) 60.24 k 0.00
Axis Bank Ltd. Banks 79.2 2.13% -0.03% 2.7% (Aug 2020) 0% (Jun 2020) 1.06 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.14%
Net Receivables Net Receivables 0.09%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    19.66vs19.07
    Category Avg
  • Beta

    High volatility
    0.91vs0.84
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.48vs0.46
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.1vs0.1
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -0.07vs0.25
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 203.59 3.72 24.59 43.21 116.23 30.00
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 4 3271.32 4.23 14.54 31.07 85.83 15.04
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7939.53 4.79 11.22 23.14 73.90 21.00
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 453.28 5.26 13.58 22.93 73.82 17.70
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 2226.66 4.64 10.43 21.45 69.57 20.64
Franklin India Taxshield Fund - Direct - Growth 3 4635.75 5.28 10.57 22.90 69.40 12.21
DSP Tax Saver Fund - Direct Plan - Growth 4 8746.70 4.32 13.57 24.20 67.32 17.92
PGIM India Long Term Equity Fund - Direct Plan - Growth 3 367.13 4.04 14.07 22.97 66.15 15.55
JM Tax Gain Fund - (Direct) - Growth 4 55.98 4.96 8.66 16.53 65.57 15.61
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11667.38 3.34 8.90 22.96 65.56 6.32

More Funds from Mahindra Manulife Mutual Fund

Out of 16 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 4 is/are ranked 3 * , 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 - Direct Plan - Growth 3 1616.73 0.28 0.86 1.66 3.41 5.63
Mahindra Manulife Mid Cap Unnati Yojana - Direct Plan - Growth 3 705.34 5.37 16.58 34.18 75.91 18.36
Mahindra Manulife Low Duration Fund - Direct Plan - Growth 1 647.65 0.36 1.35 2.04 5.19 7.40
Mahindra Manulife Multi Cap Badhat Yojana - Direct Plan - Growth 4 532.39 6.17 16.12 31.68 74.51 20.51
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 3 371.75 6.07 11.91 25.02 67.43 14.36
Mahindra Manulife Top 250 Nivesh Yojana - Direct Plan - Growth NA 342.99 4.98 13.13 27.35 69.92 0.00
Mahindra Manulife Focused Equity Yojana - Direct Plan - Growth NA 331.46 5.28 12.45 26.85 0.00 0.00
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct plan - Growth NA 241.74 2.85 5.79 10.58 32.47 12.32
Mahindra Manulife Hybrid Equity Nivesh Yojana - Direct Plan - Growth NA 214.79 4.68 9.90 20.84 53.23 0.00
Mahindra Manulife Ultra Short Term Fund - Direct Plan - Growth NA 203.48 0.30 1.06 1.81 4.27 0.00

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