MyWealthGrowth.com logo
HomeMutual Funds

Mahindra Manulife Elss Kar Bachat Yojana

Mahindra Manulife Elss Kar Bachat Yojana

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

21.39

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,898 today.

Invest Now

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

  • ₹ 22.359

    as on 28 Nov 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 543 Cr.

    as on 31 May 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 ₹ 22.359 as on 28 Nov 2023.

This fund has 7 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 9.69% 12.22% 22.06% 25.45% 32.94% 33.06% 26.54% 24.25% 40.26% 26.78% 23.29% 30.46% 23.28%
Category Average 5.46% 5.18% 13.97% 15.46% 11.40% 19.36% 14.95% 15.98% 26.26% 17.71% 15.84% 17.74% 14.28%
Mahindra Manulife Elss Kar Bachat Yojana 4.37%₹ 10,437 2.67%₹ 10,267 11.96%₹ 11,195 13.65%₹ 11,364 21.76%₹ 13,373 10.85%₹ 12,295 15.84%₹ 28,075 21.39%₹ 17,898 15.46%₹ 45,281 15.20%₹ 20,300 18.08%₹ 94,220 - -
Quant Tax Plan 9.52%₹ 10,951 10.46%₹ 11,046 22.06%₹ 12,205 15.07%₹ 11,506 35.77%₹ 14,218 15.05%₹ 13,246 22.66%₹ 29,900 33.06%₹ 23,577 23.29%₹ 50,540 26.54%₹ 32,467 30.46%₹ 1,26,863 24.25%₹ 87,821 23.28%₹ 4,11,406
Kotak Tax Saver Fund 3.70%₹ 10,369 3.07%₹ 10,306 11.90%₹ 11,190 13.84%₹ 11,384 21.45%₹ 13,354 11.58%₹ 12,456 16.74%₹ 28,313 20.10%₹ 17,333 15.99%₹ 45,626 16.72%₹ 21,673 18.42%₹ 95,002 17.20%₹ 48,951 15.27%₹ 2,66,982
Mirae Asset Tax Saver Fund 5.02%₹ 10,502 3.40%₹ 10,340 12.81%₹ 11,281 13.36%₹ 11,336 22.56%₹ 13,422 9.03%₹ 11,892 15.42%₹ 27,963 18.73%₹ 16,744 14.20%₹ 44,474 17.31%₹ 22,226 18.40%₹ 94,944 - -
IDFC Tax Advantage (elss) Fund 4.82%₹ 10,481 3.53%₹ 10,352 14.18%₹ 11,417 17.57%₹ 11,756 26.55%₹ 13,665 13.93%₹ 12,989 19.15%₹ 28,955 25.95%₹ 19,994 18.93%₹ 47,565 17.95%₹ 22,838 22.25%₹ 1,04,261 17.59%₹ 50,603 16.73%₹ 2,88,829
BOI AXA Tax Advantage Fund 8.69%₹ 10,869 9.05%₹ 10,904 19.87%₹ 11,986 20.70%₹ 12,070 35.54%₹ 14,205 12.34%₹ 12,627 22.62%₹ 29,889 22.16%₹ 18,241 19.26%₹ 47,786 21.28%₹ 26,255 22.79%₹ 1,05,623 17.66%₹ 50,881 17.42%₹ 2,99,675

Portfolio Holdings

Portfolio holdings pattern of Mahindra Manulife Elss Kar Bachat Yojana as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    97.07%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.93%

Top Sector Holdings of Mahindra Manulife Elss Kar Bachat Yojana

Name of SectorHolding PercentageHolding Values in Crore
Banks 23.85% ₹ 141.21 Cr.
Computers - Software 9.13% ₹ 60.94 Cr.
Refineries/Marketing 5.60% ₹ 33.14 Cr.
NBFC 5.00% ₹ 29.63 Cr.
Cement 3.19% ₹ 18.84 Cr.
Others 53.23% -

Top Stock Holdings of Mahindra Manulife Elss Kar Bachat Yojana

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.61% ₹ 50.98 Cr.
HDFC Bank Ltd. 8.37% ₹ 49.56 Cr.
Infosys Ltd. 6.39% ₹ 37.81 Cr.
Reliance Industries Ltd. 5.60% ₹ 33.14 Cr.
Axis Bank Ltd. 3.86% ₹ 22.84 Cr.
Others 67.17% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.66%
Net Receivables 1.27%