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Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 12.4562 0.22%
    (as on 23rd October, 2020)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 96.38% investment in indian stocks of which 64.24% is in large cap stocks, 16.57% is in mid cap stocks, 9.72% 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 23rd October, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Oct-20 10150.00 1.50% - 1.86% 44/63
1 Month 23-Sep-20 10496.60 4.97% - 5.21% 32/63
3 Month 23-Jul-20 10532.90 5.33% - 8.28% 54/63
6 Month 23-Apr-20 12243.20 22.43% - 27.10% 53/63
YTD 01-Jan-20 9816.80 -1.83% - 0.98% 42/63
1 Year 23-Oct-19 9986.90 -0.13% -0.13% 4.51% 45/62
2 Year 23-Oct-18 11238.90 12.39% 6.01% 7.82% 36/60
3 Year 23-Oct-17 10229.50 2.29% 0.76% 2.07% 38/50
Since Inception 18-Oct-16 12456.20 24.56% 5.62% 9.05% 44/57

SIP Returns (NAV as on 23rd October, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 23-Oct-19 12000 13134.87 9.46 % 17.92 %
2 Year 23-Oct-18 24000 25849.31 7.71 % 7.3 %
3 Year 23-Oct-17 36000 38069.34 5.75 % 3.66 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2020)

Portfolio Turnover Ratio : 75.00%  |   Category average turnover ratio is 122.36%  
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 : 96.38% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.38%
No of Stocks : 48 (Category Avg - 46.80) | Large Cap Investments : 64.24%| Mid Cap Investments : 16.57% | Small Cap Investments : 9.72% | Other : 5.85%

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
Reliance Industries Ltd. Refineries/marketing 226.8 7.67% 1.61% 7.67% (Sep 2020) 4.15% (Oct 2019) 1.02 L 13.00 k
ICICI Bank Ltd. Banks 189.9 6.42% -0.53% 6.95% (Aug 2020) 4.26% (Oct 2019) 5.35 L 0.00
HDFC Bank Ltd. Banks 173.2 5.85% -0.23% 8.68% (Apr 2020) 5.85% (Sep 2020) 1.61 L -5.00 k
Infosys Ltd. Computers - software 153.3 5.18% 0.53% 5.18% (Sep 2020) 0% (Oct 2019) 1.52 L 0.00
Bharti Airtel Ltd. Telecom - services 100.5 3.40% -0.24% 4.5% (May 2020) 0% (Oct 2019) 2.39 L 23.00 k
Tata Consultancy Services Ltd. Computers - software 89.7 3.03% -0.31% 3.46% (Jul 2020) 1.73% (Nov 2019) 36.00 k -9.00 k
Hindustan Unilever Ltd. Diversified 86.9 2.94% -0.86% 4.96% (May 2020) 0% (Oct 2019) 42.00 k -0.13 L
Kotak Mahindra Bank Ltd. Banks 82.9 2.80% -0.22% 5.26% (Feb 2020) 2.8% (Sep 2020) 65.40 k 0.00
Honeywell Automation India Ltd. Industrial electronics 81.5 2.76% 0.07% 3.56% (Feb 2020) 2.28% (Jul 2020) 2.50 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 80.9 2.73% -0.06% 3.16% (May 2020) 2.31% (Feb 2020) 89.70 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.84%
Net Receivables Net Receivables -0.22%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2020)

  • Standard Deviation

    High volatility
    18.77vs17.48
    Category Avg
  • Beta

    High volatility
    0.9vs0.81
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    -0.2vs-0.07
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -0.04vs-0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -5.15vs-2.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth NA 16.64 3.72 19.22 50.47 25.14 9.77
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 70.16 3.42 13.15 41.79 19.49 0.00
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 309.08 5.67 12.26 27.86 18.83 7.27
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1180.76 5.98 10.64 27.77 14.14 10.93
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 4270.45 7.28 10.83 33.23 12.72 9.56
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 1338.13 7.73 7.93 26.56 8.95 4.91
Union Long Term Equity Fund - Direct Plan - Growth 3 270.02 6.59 8.53 27.86 8.79 5.58
Shriram Long Term Equity Fund - Direct Plan - Growth NA 28.03 5.71 4.55 22.34 7.72 0.00
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 5 441.44 6.84 7.63 23.91 7.53 5.09
Invesco India Tax Plan - Direct Plan - Growth 4 1133.52 4.79 6.62 25.30 6.54 7.41

More Funds from Mahindra Manulife Mutual Fund

Out of 14 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 1 is/are ranked 3 * , 2 is/are ranked 2 * , and 9 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 2062.25 0.30 0.88 1.94 4.85 6.46
Mahindra Manulife Mid Cap Unnati Yojana - Direct Plan - Growth NA 521.30 2.20 7.72 22.26 5.50 0.00
Mahindra Manulife Low Duration Fund - Direct Plan - Growth 2 483.50 0.64 1.43 3.85 7.65 7.91
Mahindra Manulife Multi Cap Badhat Yojana - Direct Plan - Growth 5 341.15 5.27 5.80 23.63 7.64 5.32
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 3 295.86 4.97 5.33 22.43 -0.13 0.76
Mahindra Manulife Top 250 Nivesh Yojana - Direct Plan - Growth NA 229.83 4.83 7.52 25.19 0.00 0.00
Mahindra Manulife Equity Savings Dhan Sanchay Yojana - Direct plan - Growth NA 196.86 3.91 4.00 16.39 8.68 6.03
Mahindra Manulife Ultra Short Term Fund - Direct Plan - Growth NA 164.65 0.49 1.16 3.15 6.93 0.00
Mahindra Manulife Hybrid Equity Nivesh Yojana - Direct Plan - Growth NA 132.26 4.70 5.60 19.33 7.66 0.00
Mahindra Manulife Credit Risk Fund - Direct Plan - Growth 4 118.78 0.81 1.73 3.25 7.48 0.00

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