Riskometer
Riskometer
Value Research Rating
As on 25-Sep-2023
This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following
a conservative investment strategy. Last updated 2 days ago. Learn More
As per SEBI's Riskometer.
This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following a
conservative investment strategy. Last updated 2 days ago.Learn More
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Mahindra Manulife ELSS Fund - Direct Plan
|
Very High
|
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0.67 |
|||
Very High
|
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0.66 |
||||
Very High
|
Please wait... |
1.02 |
||||
Very High
|
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0.80 |
||||
Very High
|
Please wait... |
0.56 |
Mahindra Manulife ELSS Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax.
Mutual funds can be bought directly from the website of the fund house. For instance, Mahindra Manulife ELSS Fund - Direct Plan fund can be purchased from the website of Mahindra Manulife Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Mahindra Manulife ELSS Fund - Direct Plan is ₹25.2703 as of 26-Sep-2023.
The AUM of Mahindra Manulife ELSS Fund - Direct Plan Fund is ₹656 Cr as of 31-Aug-2023
The riskometer level of Mahindra Manulife ELSS Fund - Direct Plan is Very High. See More
As of 31-Aug-2023, Mahindra Manulife ELSS Fund - Direct Plan had invested 97.85% in Equity and 2.15% in Cash & Cash Eq. See More
Mahindra Manulife ELSS Fund - Direct Plan is 6 years 11 months old. It has delivered 14.29% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
20.59%
|
28.85%
|
16.21%
|
--
|
--
|
14.29%
|
The minimum SIP amount of Mahindra Manulife ELSS Fund - Direct Plan is ₹500.
Yes, There is lock in period in Mahindra Manulife ELSS Fund - Direct Plan.
The expense ratio of Mahindra Manulife ELSS Fund - Direct Plan is 0.67%.
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