OtherELSS- Tax Saver FundDirect · Growth
Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth
Mahindra Manulife · Scheme 139781
₹33.21▼ 0.51%NAV · 2026-09-18
Average FundScore
AUM
₹905 cr
Expense ratio
1.10%
3Y CAGR
10.8%
Risk level
High
Min SIP
₹500
Benchmark
Underlying index
Fund manager: Ratish VarierExit load: Nil
Average · 48/100
Middle-of-the-pack — compare it against better-scored peers.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Positive 3Y windows: 93% of rolling 3Y windows positive
- ✓Return stability: rolling-return std 8.2%
- ✓Volatility: 15% annualised
📉 What could drag it down
- •Down 0.3% over the last year — currently out of favour.
- •Weak risk-adjusted returns (Sharpe 0.47) — took on risk without enough payoff.
- •3Y CAGR vs category: -1.4% vs category avg
- •1Y return: -0.3%
FundScore breakdown
48/100 · Average
Returns
Weak
Consistency
Decent
Risk-adjusted
Weak
Downside protection
Weak
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.