you are here:

Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 19.3238 0.67%
    (as on 17th August, 2022)
Invest Now
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

The fund has 96.2% investment in domestic equities of which 62.32% is in Large Cap stocks, 11.57% is in Mid Cap stocks, 8.08% 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
  • Benchmark
    Nifty 500 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • Nifty 500 TRI : -
  • 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 16th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 08-Aug-22 10171.90 1.72% - 1.86% 43/58
1 Month 15-Jul-22 11054.40 10.54% - 10.09% 22/58
3 Month 16-May-22 11477.80 14.78% - 13.16% 11/58
6 Month 16-Feb-22 10366.50 3.67% - 3.41% 20/58
YTD 31-Dec-21 10174.50 1.75% - 1.15% 29/57
1 Year 16-Aug-21 10866.70 8.67% 8.67% 8.57% 30/58
2 Year 14-Aug-20 17458.60 74.59% 32.03% 31.68% 19/58
3 Year 16-Aug-19 17846.40 78.46% 21.28% 21.90% 23/57
5 Year 16-Aug-17 16451.10 64.51% 10.46% 12.13% 29/46
Since Inception 18-Oct-16 19194.50 91.95% 11.83% 14.24% 41/56

SIP Returns (NAV as on 16th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Aug-21 12000 12630.94 5.26 % 9.88 %
2 Year 14-Aug-20 24000 29515.04 22.98 % 21.27 %
3 Year 16-Aug-19 36000 51223.54 42.29 % 24.29 %
5 Year 16-Aug-17 60000 91068.48 51.78 % 16.7 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Jul,2022)

Portfolio Turnover Ratio : 89.00%  |   Category average turnover ratio is 15.74%  
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 : 96.20% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.20%
No of Stocks : 47 (Category Avg - 47.18) | Large Cap Investments : 62.32%| Mid Cap Investments : 11.57% | Small Cap Investments : 8.08% | Other : 14.23%

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 475.7 9.80% 0.36% 9.8% (Jul 2022) 7.13% (Apr 2022) 5.81 L 0.00
HDFC Bank Ltd. Banks 450.2 9.27% -0.45% 9.72% (Jun 2022) 6.7% (Mar 2022) 3.14 L 0.00
Infosys Ltd. Computers - software 429 8.84% 0.08% 8.84% (Jul 2022) 6.73% (Apr 2022) 2.77 L 16.00 k
Reliance Industries Ltd. Refineries/marketing 201.1 4.14% -1.53% 8.21% (Sep 2021) 4.14% (Jul 2022) 80.15 k -0.15 L
Ultratech Cement Ltd. Cement 185.3 3.82% 1.82% 3.82% (Jul 2022) 1.18% (Sep 2021) 28.31 k 12.80 k
Hindustan Unilever Ltd. Diversified 179.6 3.70% -0.43% 4.18% (Aug 2021) 2.74% (Mar 2022) 68.11 k -0.13 L
Tata Consultancy Services Ltd. Computers - software 162.7 3.35% -0.35% 5.5% (Aug 2021) 1.8% (Mar 2022) 49.29 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 147.4 3.04% 0.43% 3.36% (Dec 2021) 2.39% (Apr 2022) 81.54 k 8.50 k
Axis Bank Ltd. Banks 141.1 2.91% 0.15% 3.28% (Aug 2021) 2.69% (Dec 2021) 1.95 L 6.13 k
Bajaj Finance Ltd. Nbfc 108.1 2.23% -0.62% 2.98% (Mar 2022) 0% (Aug 2021) 15.00 k -8.00 k
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.34%
Net Receivables Net Receivables 0.46%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

  • Standard Deviation

    High volatility
    20.74vs20.71
    Category Avg
  • Beta

    High volatility
    0.94vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.74vs0.75
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.16vs0.17
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.35vs2.21
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 1584.38 11.17 9.58 6.95 16.57 38.82
HDFC Tax Saver Fund - Growth 4 9408.98 10.71 12.65 10.00 15.91 18.29
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 680.09 8.81 7.74 3.12 12.99 24.38
Sundaram Tax Saving Fund - Growth 3 930.44 10.60 11.54 4.54 11.53 20.84
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3692.39 9.94 9.13 3.53 11.25 24.84
Tata India Tax Savings Fund - Regular Plan - Growth 3 3014.29 11.62 11.99 4.76 10.83 18.66
Nippon India Tax Saver Fund - Growth 3 11740.98 11.18 11.39 4.91 10.37 18.50
SBI Long Term Equity Fund - Regular Plan - Growth 4 10745.61 9.40 11.45 5.48 9.56 20.03
Franklin India Taxshield Fund - Growth 3 4675.16 10.52 10.68 3.11 9.50 18.51
IDBI Equity Advantage Fund - Growth 2 487.10 13.32 12.16 4.28 9.34 16.32

More Funds from Mahindra Manulife Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 3 is/are ranked 4 * , 3 is/are ranked 3 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 13 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mahindra Manulife Multi Cap Badhat Yojana - Regular Plan - Growth 4 1277.53 9.39 9.27 0.84 7.48 25.41
Mahindra Manulife Flexi Cap Yojana - Regular Plan - Growth NA 977.87 10.42 14.14 3.92 0.00 0.00
Mahindra Manulife Mid Cap Unnati Yojana - Regular Plan - Growth 3 965.29 10.42 12.24 4.46 9.13 26.25
Mahindra Manulife Liquid Fund - Regular Plan - Growth 3 923.07 0.42 1.22 2.09 3.81 4.10
Mahindra Manulife Top 250 Nivesh Yojana - Regular Plan - Growth NA 907.08 9.54 9.24 2.44 11.21 0.00
Mahindra Manulife Balanced Advantage Yojana - Regular Plan - Growth NA 660.30 0.00 0.00 0.00 0.00 0.00
Mahindra Manulife Balanced Advantage Yojana - Regular Plan - Growth NA 660.30 5.65 5.87 2.15 0.00 0.00
Mahindra Manulife Focused Equity Yojana - Regular Plan - Growth NA 547.88 9.11 11.36 2.72 7.94 0.00
Mahindra Manulife Hybrid Equity Nivesh Yojana - Regular Plan - Growth NA 511.80 8.14 11.05 2.55 7.83 19.87
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 485.36 10.54 14.78 3.67 8.67 21.28

Forum

+ See More