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Mahindra Manulife ELSS Tax Saver Fund - Direct Plan - Growth

NAVs of 6 Nov 2026

Mahindra Manulife Mutual Fund · Equity fund · Direct plan · Growth

ELSS (tax saver)Direct · GrowthRisk: Very High

NAV · 5 Nov 2026

₹32.9235 ▲ 2.54%

Mahindra Manulife Mutual Fund

Fund size₹888 crJuly - September 2026

1-month range₹30.37 – 32.92

1 year-3.73%rank 35 of 40

3 years+10.08%a year

5 years+9.55%a year

What the fund does

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns.

BenchmarkNifty 500 TRI Index

Launched18 Oct 2016

Fund houseMahindra Manulife Mutual Fund

Fund managersFM-1 Mr. Hemang KapasiFM-2 Mr. Neelesh Dhamnaskar

NAV history

Returns

1 week

+6.41%avg 5.1%

1 month

+5.47%avg 3.7%

3 months

-2.00%avg -1.7%

6 months

+1.23%avg 1.8%

This year

-4.64%avg -0.5%

1 year

-3.73%avg -0.4% · #35/40

3 years (a year)

+10.08%avg 12.5% · #32/39

5 years (a year)

+9.55%avg 11.0% · #25/32

Bars: this plan; the thin mark is the ELSS (tax saver) average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.9
2025	-3.5	-6.4	+7.3	+2.7	+4.1	+4.0	-2.7	-1.1	+0.3	+3.4	+1.6	-0.5
2026	-3.2	+0.2	-10.9	+7.7	-2.0	+2.4	+2.9	-0.3	-6.1	-0.3	+6.3

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Risk

Volatility13.9%yearly, from daily NAVs

Worst fall-27.35%29 Dec 2017 → 31 Mar 2020

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Nov 2016).

Where it can invest (limits from the scheme document)

Equity and Equity related Securities*

80–100%

Money Market Instruments / other liquid instruments@

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹888 cr across all plans · this plan ₹49.06 cr
Fund house	Mahindra Manulife Mutual Fund
Category	Equity · ELSS (tax saver)
Plan	Direct
Option	Growth
Minimum investment	₹500 · additional ₹500
Scheme code (AMFI)	139781
ISIN	INF174V01093
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹20.7294	-10.43%
Regular · Growth	₹27.5271	-5.16%
Regular · IDCW	₹16.2997	-13.32%

Top ELSS (tax saver) funds (direct plans)

Fund	1 year	3 years (a year)
Motilal Oswal ELSS Tax Saver Fund	+6.71%	+20.59%
JM ELSS - Tax Saver Fund	+5.14%	+16.97%
WhiteOak Capital ELSS Tax Saver Fund	+2.48%	+16.97%
HSBC ELSS Tax saver Fund	+3.02%	+16.80%
Quant ELSS Tax Saver Fund	+10.29%	+15.94%
Baroda BNP Paribas ELSS Tax Saver Fund	+1.81%	+15.69%
ITI ELSS Tax Saver Fund	-1.95%	+14.94%
DSP ELSS Tax Saver Fund	-0.92%	+14.88%
Mahindra Manulife ELSS Tax Saver Fund	-3.73%	+10.08%

All ELSS (tax saver) funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan - Growth today?

₹32.9235 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan - Growth?

1 year: -3.73%, 3 years: 10.08% a year, 5 years: 9.55% a year

How does Mahindra Manulife ELSS Tax Saver Fund rank in its category?

35 of 40 ELSS (tax saver) funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.