FundLens
25
ELSS (Tax Saver)Avoid

MahIndra Manulife ELSS Tax Saver

Mahindra Manulife · Direct–Growth · rank #33 of 38 by Smart Score

Data updated

Trailing returns

vs Nifty 500 (index-fund proxy)
1 Year
-1.5%
-4.6% vs index
3 Years
9.2%
-2.3% vs index
5 Years
10.1%
-0.3% vs index
Since launch
12.7%

Year-by-year performance

last entry = YTD
2021
+41.8%
2022
+3.8%
2023
+27.8%
2024
+14.1%
2025
+9.2%
2026
-5.2%

Why this score

MahIndra Manulife ELSS Tax Saver scores 25/100 — #33 of 38 ELSS (Tax Saver) fund (Avoid). It stands out for volatility — beating 80% of peers on volatility. The main drag is its 3y return (better than only 9% of peers).

Each bar shows the fund's percentile vs ELSS (Tax Saver) peers — a longer bar beats more of the category.

3Y return9.23% · 9th percentile in category
5Y return10.08% · 25th percentile in category
Sharpe ratio0.19 · 9th percentile in category
Alpha-3.22 · 9th percentile in category
Sortino ratio0.26 · 10th percentile in category
Volatility13.21 · 80th percentile in category

Top holdings

top 5 = 28.1% of portfolio
1.ICICI Bank Ltd9.67%
2.HDFC Bank Ltd7.01%
3.Bharti Airtel Ltd4.4%
4.Bajaj Finance Ltd3.89%
5.Reliance Industries Ltd3.14%

56 disclosed equity positions · portfolio as of Jul 2026 · weights are % of total corpus.

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