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Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW

NAVs of 8 Nov 2026

Mahindra Manulife Mutual Fund · Equity fund · Regular plan · IDCW

ELSS (tax saver)Regular · IDCWRisk: Very High

NAV · 6 Nov 2026

₹16.4754 ▲ 1.08%

Mahindra Manulife Mutual Fund

Fund size₹888 crJuly - September 2026

1-month range₹15.04 – 16.48

1 year-11.86%

Expense ratio2.49%regular plan, a year

5 years+0.82%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

+7.39%avg 6.4%

1 month

+7.09%avg 5.1%

3 months

-0.92%avg -0.9%

6 months

+1.95%avg 2.7%

This year

-13.01%avg -0.4%

1 year

-11.86%avg 0.3%

3 years (a year)

+1.50%avg 11.7%

5 years (a year)

+0.82%avg 10.0%

Bars: this plan; the thin mark is the ELSS (tax saver) average (regular 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												-1.1
2025	-3.6	-6.5	+1.0	+2.6	+3.9	+3.8	-2.9	-1.2	+0.2	+3.3	+1.5	-0.7
2026	-3.3	+0.0	-18.7	+7.6	-2.1	+2.3	+2.8	-0.4	-6.2	-0.4	+7.4

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.

Portfolio as on 30 Sept 2026

Stocks held5458 lines in all

Top 10 stocks40.3%of the fund

Short positions-0.1%sold through derivatives

Net equity94.6%long stocks and derivatives minus shorts

Where the money is

Equity 94.7%Cash & others 5.3%Short -0.1%

Sectors (stocks held)

Banks

23.7%

Retailing

7.9%

Automobiles

7.1%

Pharmaceuticals & Biotechnology

7.0%

Finance

5.7%

IT - Software

5.3%

Telecom - Services

5.3%

Consumer Durables

4.6%

Stocks held 54

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	9.24%
HDFC Bank Limited INE040A01034	Banks	7.24%
Bharti Airtel Limited INE397D01024	Telecom - Services	4.28%
Bajaj Finance Ltd INE296A01032	Finance	3.56%
Reliance Industries Limited INE002A01018	Petroleum Products	3.11%
Larsen & Toubro Limited INE018A01030	Construction	2.96%
Kotak Mahindra Bank Ltd INE237A01036	Banks	2.57%
TVS Motor Company Limited INE494B01023	Automobiles	2.56%
Infosys Limited INE009A01021	IT - Software	2.44%
Hindustan Unilever Limited INE030A01027	Diversified FMCG	2.31%
Axis Bank Limited INE238A01034	Banks	2.31%
Eternal Limited INE758T01015	Retailing	2.22%
Maruti Suzuki India Limited INE585B01010	Automobiles	2.15%
Avenue Supermarts Limited INE192R01011	Retailing	2.06%
UNO Minda Limited INE405E01023	Auto Components	2.06%
Mankind Pharma Limited INE634S01028	Pharmaceuticals & Biotechnology	1.72%
Tech Mahindra Limited INE669C01036	IT - Software	1.71%
Titan Company Limited INE280A01028	Consumer Durables	1.62%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	1.60%
Info Edge India Ltd INE663F01032	Retailing	1.54%
Tata Power Company Limited INE245A01021	Power	1.52%
IndusInd Bank Limited INE095A01012	Banks	1.43%
Neuland Laboratories Limited INE794A01010	Pharmaceuticals & Biotechnology	1.43%
InterGlobe Aviation Limited INE646L01027	Transport Services	1.38%
Eicher Motors Limited INE066A01021	Automobiles	1.29%
Dr Reddys Laboratories Limited INE089A01031	Pharmaceuticals & Biotechnology	1.28%
Dr. Lal Path Labs Limited INE600L01024	Healthcare Services	1.27%
Trent Limited INE849A01020	Retailing	1.26%
Shriram Finance Limited INE721A01047	Finance	1.26%
LG Electronics India Ltd INE324D01010	Consumer Durables	1.20%
Godrej Properties Limited INE484J01027	Realty	1.14%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	1.13%
JK Cement Limited INE823G01014	Cement & Cement Products	1.12%
LTM Limited INE214T01019	IT - Software	1.11%
Tata Motors Passenger Vehicles Limited INE155A01022	Automobiles	1.05%
Grindwell Norton Limited INE536A01023	Industrial Products	1.04%
Aarti Industries Limited INE769A01020	Chemicals & Petrochemicals	1.03%
Nestle India Limited INE239A01024	Food Products	1.01%
GlaxoSmithKline Pharmaceuticals Limited INE159A01016	Pharmaceuticals & Biotechnology	1.01%
Doms Industries Limited INE321T01012	Household Products	0.98%
Indus Towers Limited INE121J01017	Telecom - Services	0.97%
Jubilant Ingrevia Limited INE0BY001018	Chemicals & Petrochemicals	0.97%
Marico Limited INE196A01026	Agricultural Food & other Products	0.95%
Fortis Healthcare Limited INE061F01013	Healthcare Services	0.94%
Elgi Equipments Limited INE285A01027	Industrial Products	0.93%
Crompton Greaves Consumer Electricals Limited INE299U01018	Consumer Durables	0.91%
Bandhan Bank Limited INE545U01014	Banks	0.91%
Voltas Limited INE226A01021	Consumer Durables	0.89%
HDFC Life Insurance Company Limited INE795G01014	Insurance	0.88%
CG Power and Industrial Solutions Limited INE067A01029	Electrical Equipment	0.77%
Arvind Fashions Limited INE955V01021	Retailing	0.77%
Suzlon Energy Limited INE040H01021	Electrical Equipment	0.71%
L&T Finance Limited INE498L01015	Finance	0.45%
Tata Capital Limited INE976I01016	Finance	0.40%

Show 39 moreShow fewer

Short positions 2

Holding	Sector / type	% of fund
Net Receivables / (Payables)	–	-0.05%
Net Receivables / (Payables)	–	-0.01%

Debt, money market and cash 2

Holding	Sector / type	% of fund
Triparty Repo	–	5.36%
Margin placed with CCIL & ARCL	–	0.03%

From the fund house's monthly portfolio (mahindramanulife.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility17.4%yearly, from daily NAVs

Worst fall-33.35%31 Oct 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 ₹33.22 cr
Fund house	Mahindra Manulife Mutual Fund
Category	Equity · ELSS (tax saver)
Plan	Regular
Option	IDCW
Expense ratio (TER)	Direct 1.05% · Regular 2.49% (5 Nov 2026)
Minimum investment	₹500 · additional ₹500
Scheme code (AMFI)	139780
ISIN	INF174V01085
NAV date	6 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 · Growth	₹33.2796	-2.11%
Direct · IDCW	₹20.9536	-8.92%
Regular · Growth	₹27.8237	-3.56%

Top ELSS (tax saver) funds (regular plans)

Fund	1 year	3 years (a year)
Motilal Oswal ELSS Tax Saver Fund	+6.16%	+19.04%
HSBC ELSS Tax saver Fund	+3.55%	+15.93%
WhiteOak Capital ELSS Tax Saver Fund	+2.66%	+15.45%
JM ELSS - Tax Saver Fund	+4.63%	+15.43%
Baroda BNP Paribas ELSS Tax Saver Fund	+2.57%	+14.78%
Quant ELSS Tax Saver Fund	+10.05%	+14.60%
DSP ELSS Tax Saver Fund	+0.43%	+14.46%
SBI ELSS Tax Saver Fund	-2.02%	+14.40%

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 - Regular Plan - IDCW today?

₹16.4754 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW?

1 year: -11.86%, 3 years: 1.50% a year, 5 years: 0.82% a year

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.