Mahindra Manulife ELSS Kar Bachat Yojana - Regular 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

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 15.1046 -0.93%
(as on 05th March, 2021)

Crisil Rank

Below average performance among peers

Fund Size

: ₹ 315.69 Cr

(0.27% of Investment in Category)

Expense Ratio

: 2.42%

(2.09% Category average)

Risk-O-Meter

Moderately High

ELSS :ELSS : Fund has 98.41% investment in indian stocks of which 62.49% is in large cap stocks, 14.86% is in mid cap stocks, 12.14% 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.

1M
3M
6M
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This Scheme

VS

Nifty 50

1.43%

13.39%

32.81%

33.65%

16.38%

14.78%

9.87%
NA
2.98%

15.23%

34.02%

33.64%

17.72%

15.64%

13.14%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 04th March, 2021)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	25-Feb-21	10152.50	1.52%	-	1.39%	50/67
1 Month	04-Feb-21	10487.70	4.88%	-	4.21%	50/67
3 Month	04-Dec-20	11919.80	19.20%	-	16.69%	53/67
6 Month	04-Sep-20	13633.80	36.34%	-	35.70%	40/67
YTD	01-Jan-21	11214.40	12.14%	-	11.48%	53/67
1 Year	04-Mar-20	13540.60	35.41%	35.41%	35.78%	37/67
2 Year	01-Mar-19	13904.10	39.04%	17.81%	19.39%	34/65
3 Year	01-Mar-18	12872.30	28.72%	8.75%	9.72%	34/57
Since Inception	18-Oct-16	15245.90	52.46%	10.11%	13.43%	49/63

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 04th March, 2021)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	04-Mar-20	12000	16471.23	37.26 %	75.89 %
2 Year	01-Mar-19	24000	32511.68	35.47 %	32.25 %
3 Year	01-Mar-18	36000	48543.53	34.84 %	20.41 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

Portfolio Turnover Ratio : 137.00% | Category average turnover ratio is 139.61%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 98.41% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.41%

No of Stocks : 55 (Category Avg - 46.97) | Large Cap Investments : 62.49%| Mid Cap Investments : 14.86% | Small Cap Investments : 12.14% | Other : 8.92%

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
HDFC Bank Ltd.	Banks	281.5	8.92%	3.70%	8.92% (Jan 2021)	5.22% (Dec 2020)	2.02 L	83.88 k
ICICI Bank Ltd.	Banks	245.1	7.76%	1.48%	7.76% (Jan 2021)	5.25% (Feb 2020)	4.56 L	73.47 k
Infosys Ltd.	Computers - software	218	6.90%	-1.20%	8.1% (Dec 2020)	1.9% (Feb 2020)	1.76 L	-0.34 L
Reliance Industries Ltd.	Refineries/marketing	214.1	6.78%	0.07%	7.67% (Sep 2020)	4.75% (Feb 2020)	1.16 L	6.00 k
Bharti Airtel Ltd.	Telecom - services	151.7	4.80%	1.04%	4.8% (Jan 2021)	3.15% (Oct 2020)	2.74 L	33.00 k
Hindustan Unilever Ltd.	Diversified	123.8	3.92%	-0.48%	4.96% (May 2020)	0% (Feb 2020)	54.70 k	-5.30 k
Maruti Suzuki India Ltd.	Passenger/utility vehicles	93	2.95%	-0.08%	3.09% (Oct 2020)	1.55% (Jun 2020)	12.91 k	0.00
Tata Consultancy Services Ltd.	Computers - software	88.3	2.80%	-1.24%	4.06% (Nov 2020)	2.8% (Jan 2021)	28.39 k	-0.18 L
Larsen & Toubro Ltd.	Engineering, designing, construction	86	2.72%	0.18%	3.16% (May 2020)	1.43% (Nov 2020)	64.44 k	0.00
ICICI Lombard General Insurance Co Ltd.	Insurance	66.2	2.10%	0.71%	2.1% (Jan 2021)	0% (Feb 2020)	50.30 k	20.50 k

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
Net Receivables	Net Receivables	1.54%
TREPS	TREPS	0.05%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 26th February, 2021)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

19.39vs18.5

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.91vs0.83

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.28vs0.29

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.06vs0.06

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Poor risk adjusted returns

-2.18vs-0.86

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Quant Tax Plan - Growth	5	49.20	5.55	19.47	39.73	70.42	19.40
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth	3	2678.13	5.31	20.95	42.32	45.09	9.85
Mirae Asset Tax Saver Fund - Regular Plan - Growth	4	5647.90	2.85	16.49	37.18	42.61	16.92
BOI AXA Tax Advantage Fund - Regular Plan - Growth	5	368.19	4.12	14.45	33.42	39.30	12.93
Parag Parikh Tax Saver Fund - Regular Plan - Growth	NA	116.03	0.00	8.79	23.23	37.90	0.00
Canara Robeco Equity Tax Saver - Regular Plan - Growth	5	1538.48	0.04	15.91	36.10	37.14	17.68
Quantum Tax Saving Fund - Growth	2	81.28	0.72	14.37	37.11	37.00	8.50
PGIM India Long Term Equity Fund - Growth	3	339.05	1.35	14.97	34.05	36.57	11.05
SBI Long Term Equity Fund - Regular Plan - Growth	4	8728.76	0.89	14.53	30.94	36.05	9.31
Union Long Term Equity Fund - Growth	4	308.78	1.84	14.40	31.06	35.47	12.84

Detailed Comparison

More Funds from Mahindra Manulife Mutual Fund

Out of 17 mutual fund schemes offered by this AMC, 1 is/are ranked 4 * , 1 is/are ranked 3 * , 3 is/are ranked 2 * , 1 is/are ranked 1 * , and 11 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	1700.02	0.24	0.75	1.56	3.87	5.91
Mahindra Manulife Low Duration Fund - Regular Plan - Growth	1	661.20	0.25	0.49	1.69	5.22	6.68
Mahindra Manulife Mid Cap Unnati Yojana - Regular Plan - Growth	NA	544.78	10.42	24.00	39.43	39.71	12.54
Mahindra Manulife Multi Cap Badhat Yojana - Regular Plan - Growth	4	384.95	6.40	20.35	38.14	39.85	13.64
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth	2	315.69	2.55	14.71	34.36	35.50	11.63
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth	2	315.69	4.88	19.20	36.34	35.41	8.75
Mahindra Manulife Top 250 Nivesh Yojana - Regular Plan - Growth	NA	252.17	6.23	19.91	37.23	39.86	0.00
Mahindra Manulife Ultra Short Term Fund - Regular Plan - Growth	NA	233.72	0.25	0.64	1.65	5.12	0.00
Mahindra Manulife Focused Equity Yojana - Regular Plan - Growth	NA	218.66	4.74	20.20	0.00	0.00	0.00
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Growth	NA	206.06	0.00	0.00	0.00	0.00	0.00

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cinel17
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about 11 hrs 10 mins ago

What happens when I redeem all units from a SIP plan? Will SIP continue? View more

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sudhir51
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7.26 PM Mar 1st

Pl do confirm if it is thematic fund as I understand that thematic funds are risky to invest in. View more | 4

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  Pl do confirm if it is thematic fund as I understand that thematic funds are risky to invest in.
  
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sudhir51
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7.24 PM Mar 1st

I dont think it is thematic fund. No where it is mentioned. View more | 4

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  I dont think it is thematic fund. No where it is mentioned.
  
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mksm1956
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9.09 PM Feb 25th

It is converted from lose end to open end thematic equity fund with effect from 19 Jan 2021 View more | 4

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  It is converted from lose end to open end thematic equity fund with effect from 19 Jan 2021
  
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ArjunSheth1992
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10.33 PM Feb 22nd

I wanted to know the expiry of this fund. When will the fund mature ? View more | 4

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  I wanted to know the expiry of this fund. When will the fund mature ?
  
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Ravindra_Patel
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7.05 PM Feb 21st

Where is option to buy and sell of mutual funds? View more

Posted by : Ravindra_Patel
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