29
ELSS (Tax Saver)Avoid
Mahindra Manulife ELSS Tax Saver
Mahindra Manulife · Direct–Growth · rank #31 of 38 by Smart Score
Data updated
Trailing returns
1 Year
-11.9%
-2.8% vs index
3 Years
7.2%
-1.8% vs index
5 Years
7.6%
+0.0% vs index
Since launch
11.7%
Year-by-year performance
2021
+41.8%+11.1% vs index
2022
+3.8%+0.0% vs index
2023
+27.8%+1.3% vs index
2024
+14.1%-1.6% vs index
2025
+9.2%+1.6% vs index
2026
-12.1%-2.5% vs index
Why this score
Mahindra Manulife ELSS Tax Saver scores 29/100 — #31 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 15% of peers).
Each bar shows the fund's percentile vs ELSS (Tax Saver) peers — a longer bar beats more of the category.
3Y return7.23% · 15th percentile in category
5Y return7.63% · 28th percentile in category
Sharpe ratio0.06 · 15th percentile in category
Volatility13.30 · 80th percentile in category
Alpha-2.80 · 15th percentile in category
Sortino ratio0.08 · 15th percentile in category
Top holdings
1.ICICI Bank Ltd9.24%
2.HDFC Bank Ltd7.24%
3.Bharti Airtel Ltd4.28%
4.Bajaj Finance Ltd3.56%
5.Reliance Industries Ltd3.11%
54 disclosed equity positions · portfolio as of Sept 2026 · weights are % of total corpus.