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
-6.5%
-4.5% vs index
3 Years
7.5%
-2.3% vs index
5 Years
9.2%
-0.3% vs index
Since launch
12.4%

Year-by-year performance

last entry = YTD
2021
+41.8%
2022
+3.8%
2023
+27.8%
2024
+14.1%
2025
+9.2%
2026
-7.3%

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 77% 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 return7.51% · 9th percentile in category
5Y return9.20% · 22nd percentile in category
Sharpe ratio0.08 · 9th percentile in category
Alpha-3.25 · 9th percentile in category
Sortino ratio0.10 · 10th percentile in category
Volatility13.21 · 77th percentile in category

Top holdings

top 5 = 27.4% of portfolio
1.ICICI Bank Ltd9.9%
2.HDFC Bank Ltd6.71%
3.Bharti Airtel Ltd4.09%
4.Bajaj Finance Ltd3.64%
5.Reliance Industries Ltd3.1%

55 disclosed equity positions · portfolio as of Aug 2026 · weights are % of total corpus.

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