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Mahindra Manulife Elss Kar Bachat Yojana

Mahindra Manulife Elss Kar Bachat Yojana

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

26.80

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,412 today.

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NAV Performance

Mahindra Manulife Elss Kar Bachat Yojana performance graph for last 3 years
Performance of Mahindra Manulife Elss Kar Bachat Yojana for last 3 Years

Fund Information

  • ₹ 20.423

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 543 Cr.

    as on 31 Mar 2023
  • 0.72%

  • 18 Oct 2016

  • Equity - ELSS

  • Nifty 500 TRI

  • Mahindra Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Mahindra Manulife Elss Kar Bachat Yojana is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Oct 2016. This fund is offered by one of the top AMC (Assets Management Company) Mahindra Mutual Fund. You can also view here all other Equity funds offered by Mahindra Mutual Fund.

Latest NAV of the fund is ₹ 20.423 as on 07 Jun 2023.

This fund has 6 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.72%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To generate long-term capital appreciation through a diversified portfolio of equity and equity related securities.

List of Fund Managers of Mahindra Manulife Elss Kar Bachat Yojana

  • About Fatema Pacha

    Picture of Fatema Pacha
  • About Manish Lodha

    Picture of Manish Lodha
  • About Fatema Pacha

    Picture of Fatema Pacha
  • About Manish Lodha

    Picture of Manish Lodha
  • About Fatema Pacha

    Picture of Fatema Pacha
  • About Manish Lodha

    Picture of Manish Lodha
  • About Manish Lodha

    Picture of Manish Lodha

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 7.72% 12.00% 7.28% 25.94% 32.94% 41.34% 22.18% 22.39% 23.72% 15.59% 22.71% 26.73% 21.92%
Category Average 5.12% 7.00% 2.71% 17.34% 10.69% 24.36% 11.67% 15.19% 15.31% 9.40% 15.04% 15.22% 13.61%
Mahindra Manulife Elss Kar Bachat Yojana 5.64%₹ 10,563 7.06%₹ 10,705 3.60%₹ 10,359 18.19%₹ 11,818 15.85%₹ 13,002 12.01%₹ 12,545 10.18%₹ 26,585 26.80%₹ 20,412 16.95%₹ 46,236 12.25%₹ 17,823 16.42%₹ 90,419 - -
Quant Tax Plan 3.79%₹ 10,379 6.50%₹ 10,650 -4.30%₹ 9,570 14.43%₹ 11,443 8.56%₹ 12,547 12.83%₹ 12,731 9.04%₹ 26,290 41.35%₹ 28,292 22.71%₹ 50,110 22.18%₹ 27,238 26.73%₹ 1,16,038 22.39%₹ 75,491 21.92%₹ 3,82,012
Kotak Tax Saver Fund 4.41%₹ 10,441 6.79%₹ 10,678 3.32%₹ 10,331 20.46%₹ 12,045 16.53%₹ 13,044 12.18%₹ 12,583 11.65%₹ 26,966 26.24%₹ 20,145 17.14%₹ 46,358 14.51%₹ 19,694 17.18%₹ 92,133 15.80%₹ 43,409 15.07%₹ 2,64,006
Mirae Asset Tax Saver Fund 4.63%₹ 10,463 6.68%₹ 10,667 2.21%₹ 10,220 14.65%₹ 11,464 13.51%₹ 12,856 8.87%₹ 11,853 7.75%₹ 25,960 26.68%₹ 20,353 14.56%₹ 44,684 15.10%₹ 20,211 16.89%₹ 91,465 - -
IDFC Tax Advantage (elss) Fund 6.23%₹ 10,622 9.01%₹ 10,901 5.27%₹ 10,526 19.62%₹ 11,962 19.28%₹ 13,213 13.39%₹ 12,857 12.61%₹ 27,217 34.00%₹ 24,101 20.95%₹ 48,901 13.69%₹ 19,002 20.02%₹ 98,733 17.50%₹ 50,205 16.25%₹ 2,81,372
BOI AXA Tax Advantage Fund 3.31%₹ 10,330 7.27%₹ 10,726 2.68%₹ 10,268 19.91%₹ 11,990 15.41%₹ 12,974 10.67%₹ 12,247 8.73%₹ 26,211 27.68%₹ 20,842 15.92%₹ 45,559 14.02%₹ 19,275 18.81%₹ 95,858 16.70%₹ 46,889 15.88%₹ 2,75,788

Portfolio Holdings

Portfolio holdings pattern of Mahindra Manulife Elss Kar Bachat Yojana as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    94.90%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    5.10%

Top Sector Holdings of Mahindra Manulife Elss Kar Bachat Yojana

Name of SectorHolding PercentageHolding Values in Crore
Banks 25.24% ₹ 137.06 Cr.
Computers - Software 11.75% ₹ 63.81 Cr.
Refineries/Marketing 5.25% ₹ 28.48 Cr.
NBFC 4.40% ₹ 23.90 Cr.
Cement 4.01% ₹ 21.76 Cr.
Others 49.35% -

Top Stock Holdings of Mahindra Manulife Elss Kar Bachat Yojana

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 9.16% ₹ 49.75 Cr.
HDFC Bank Ltd. 9.12% ₹ 49.52 Cr.
Infosys Ltd. 7.54% ₹ 40.96 Cr.
Reliance Industries Ltd. 5.25% ₹ 28.48 Cr.
Axis Bank Ltd. 3.95% ₹ 21.43 Cr.
Others 64.98% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.89%
Net Receivables 2.21%