Mahindra Manulife Investment Management Pv

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth

As on 03 Apr 2025

Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth

Q: How much expense ratio is charged by Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth?

The expense ratio for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 03 Apr 2025, the expense ratio charged by Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth is typically around 2.42 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth?

As of 03 Apr 2025, the Assets Under Management (AUM) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth is approximately ₹839.2339 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth?

The Net Asset Value (NAV) of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth is updated daily and reflects the per-unit value of the fund's assets. As of 03 Apr 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth?

The PE ratio for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth is 33.95 and the PB ratio is 7.3. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth?

The exit load for Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 30.53

CAGR (3 Years)

13.37%

AUM (Cr)

₹ 839.23

Risk

Very High Risk

About Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth

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.

Breakdown of this Fund

Aerospace & Defence

2.74%

Air Transport Service

3.16%

Auto Ancillaries

2.39%

Automobile

7.20%

Banks

53.91%

Bearings

2.42%

Capital Goods - Electrical Equipment

1.63%

Capital Goods-Non Electrical Equipment

1.74%

Cement

7.53%

Chemicals

5.53%

Consumer Durables

7.19%

Debt Others

3.96%

E-Commerce/App based Aggregator

1.69%

Finance

8.81%

Financial Services

1.73%

FMCG

10.09%

Healthcare

0.70%

Hotels & Restaurants

0.88%

Infrastructure Developers & Operators

10.44%

Insurance

2.70%

IT - Software

14.55%

Leather

2.24%

Non Ferrous Metals

3.03%

Paints/Varnish

2.05%

Pharmaceuticals

5.68%

Plastic products

1.28%

Power Generation & Distribution

4.83%

Printing & Stationery

2.26%

Quick Service Restaurant

1.47%

Readymade Garments/ Apparells

5.28%

Refineries

11.80%

Telecomm-Service

5.28%

Tobacco Products

1.94%

Trading

1.87%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.42

Exit Load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.