you are here:

Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 18.9533 0.26%
    (as on 30th July, 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.

This Scheme
VS
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 30th July, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 23-Jul-21 10069.90 0.70% - 0.53% 19/63
1 Month 30-Jun-21 10322.90 3.23% - 3.84% 28/63
3 Month 30-Apr-21 11571.70 15.72% - 15.40% 16/63
6 Month 29-Jan-21 12970.60 29.71% - 28.43% 19/63
YTD 01-Jan-21 12805.20 28.05% - 27.13% 18/63
1 Year 30-Jul-20 16241.90 62.42% 62.42% 64.57% 24/63
2 Year 30-Jul-19 16560.20 65.60% 28.64% 28.80% 24/62
3 Year 30-Jul-18 15370.40 53.70% 15.39% 15.06% 23/59
Since Inception 18-Oct-16 18953.30 89.53% 14.30% 16.25% 39/57

SIP Returns (NAV as on 30th July, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 30-Jul-20 12000 15828.93 31.91 % 64.09 %
2 Year 30-Jul-19 24000 35630.6 48.46 % 43.25 %
3 Year 30-Jul-18 36000 54631.53 51.75 % 29.04 %
 

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 June, 2021)

  • Standard Deviation

    High volatility
    16.25vs16.07
    Category Avg
  • Beta

    High volatility
    0.9vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.71vs0.72
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.13vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.19vs1.61
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 257.55 7.25 22.40 51.43 112.51 32.87
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3295.17 3.04 14.34 34.54 79.37 17.00
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 472.62 5.15 15.98 34.46 72.95 20.64
DSP Tax Saver Fund - Direct Plan - Growth 4 8962.61 4.51 16.09 30.48 65.56 19.02
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 8337.52 2.46 12.81 25.87 64.02 21.53
Franklin India Taxshield Fund - Direct - Growth 3 4739.14 0.81 12.50 23.70 63.07 12.81
Nippon India Tax Saver Fund - Direct Plan - Growth 1 11671.52 3.31 12.11 28.16 62.24 7.94
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth 2 2184.94 5.19 16.58 27.33 61.25 13.51
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 1974.27 4.11 14.41 23.39 59.84 16.55
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 2343.23 3.05 13.38 24.29 59.06 20.65

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 - Direct Plan - Growth 2 1599.23 0.29 0.86 1.70 3.41 5.47
Mahindra Manulife Mid Cap Unnati Yojana - Direct Plan - Growth 4 749.86 5.27 19.41 42.38 80.82 21.35
Mahindra Manulife Low Duration Fund - Direct Plan - Growth 1 700.89 0.44 1.09 2.26 4.67 7.25
Mahindra Manulife Multi Cap Badhat Yojana - Direct Plan - Growth 4 596.74 5.01 19.43 40.06 74.13 21.99
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 383.93 3.23 15.72 29.71 62.42 15.39
Mahindra Manulife Top 250 Nivesh Yojana - Direct Plan - Growth NA 370.80 3.67 16.03 32.52 65.65 0.00
Mahindra Manulife Focused Equity Yojana - Direct Plan - Growth NA 354.51 3.37 14.37 30.12 0.00 0.00
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct plan - Growth NA 250.77 1.47 7.06 11.99 27.54 12.55
Mahindra Manulife Hybrid Equity Nivesh Yojana - Direct Plan - Growth NA 232.55 2.84 12.27 23.82 49.75 0.00
Mahindra Manulife Short Term Fund - Direct Plan - Growth NA 217.85 0.57 1.36 0.00 0.00 0.00

Forum

+ See More