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Mahindra Manulife ELSS Tax Saver Fund - Regular - Growth

An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit

Type : Mutual Fund

Asset Class : ELSS

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Fund Summary
Min Investment 500
Min SIP 500
Lock In Period3 Years
Exit LoadNIL

Fund Manager : Ms. Fatema Pacha

Total Experience: 18 years of work experience in the investment function including fund management and research

Experience in managing this fund : Managing since October 16, 2020

This Product is Suitable for investors who are seeking**

  • Long term capital appreciation
  • Investment predominantly in equity and equity related securities.

Scheme Riskometer

Mahindra Manulife- Scheme Risko Meter Very High

Mahindra Manulife ELSS Tax Saver Fund

Benchmark Riskometer

As per AMFI Tier I Benchmark i.e. Nifty 500 TRI

Mahindra Manulife- Benchmark Risko Meter Very High

**Investor should consult their financial advisers if in doubt about whether the product is suitable for them.

  • Scheme Overview
  • Scheme Documents and Forms

Investment Objective:

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.

Product Benefits:

  • Potential Capital Appreciation: Scheme invests in a diversified equity portfolio thereby offering you the possibility of growing your investments.
  • Tax Benefit: Investments in this scheme are entitled to tax exemption under section 80C. Possibility of saving upto Rs 51,480/-#.
  • Lock-in Feature: This feature endeavors to protect your investments from impact of short term market volatility. Lock-in of only 3 years! Other traditional tax savings options may have longer holding periods.

MAHINDRA MANULIFE ELSS TAX SAVER Fund KIM CUM APPLICATION FORM Mahindra Manulife ELSS Tax Saver Fund SID

#Assuming investor uses the entire Rs 1.50 lac limit available under section 80C of the Income Tax Act 1961 for investing in Mahindra Manulife ELSS Tax Saver Fund. The tax benefi­t is calculated on the basis of current applicable tax rates under the old regime (Refer Note at the end of the page), ignoring marginal relief on surcharge, if any, for net taxable income between Rs 50 lacs and Rs 1 crore. Please consult your Financial / tax advisor before investing.

Note: The Finance Act 2020 has introduced a new income tax regime at concessional tax rates for individual taxpayers. However, the option for such concessional tax regime requires the taxpayer to forego certain specifi­ed deductions including deduction u/s 80C of Income Tax Act, 1961

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife ELSS Tax Saver Fund$ CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Nov 28, 2025)
Managed by Ms. Fatema Pacha 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 6.53 14.14 18.67 12.56 10,651 14,865 23,552 29,422 29.4220
Direct Plan - Growth Option 8.19 15.97 20.62 14.62 10,817 15,591 25,556 34,704 34.7041
Nifty 500 TRI^ 6.58 15.60 18.61 14.81 10,656 15,441 23,499 35,217 38199.35
Nifty 50 TRI^^ 9.97 13.10 16.46 14.27 10,994 14,461 21,446 33,747 39443.91

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 18-Oct-16. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. Ms. Fatema Pacha is managing this scheme since October 16, 2020. Mr Manish Lodha is managing this scheme since December 21,2020. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. $Note: Pursuant to notice cum addendum no. 46/2025, Mr. Manish Lodha, Fund Manager – Equity and a Key Personnel of MMIMPL has resigned from the services of MMIMPL effective from December 02, 2025.

$Note: Pursuant to notice cum addendum no. 46/2025, Mr. Manish Lodha, Fund Manager – Equity and a Key Personnel of MMIMPL has resigned from the services of MMIMPL effective from December 02, 2025.

Note: As November 29 & 30, 2025 was a non-business days, the schemes returns disclosed are as on November 28, 2025, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of November 30, 2025.

Other schemes managed by Ms. Fatema Pacha

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.