Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW

Equity Linked Savings Scheme

Very High

16.02

₹ 16.02

Investment Returns (CAGR)

1 yr.
-0.70%

3 yr.
11.88%

5 yr.
12.58%

Since Inception.
11.00%

How To Invest In Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW

Investing directly in a Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW, either through offline or online channels, is an option once your KYC formalities are in order. For those who prefer traditional methods, visiting the nearest fund branch is an alternative.
Online investment is the most user-friendly way to directly invest in Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW schemes, providing the added benefit of saving on commissions. You have the flexibility to invest through the fund's website, its RTA's platform, or a fintech service. However, online investing might require managing multiple logins.
Opting for a Direct Plan entails taking on the responsibility of crafting a financial plan, selecting funds aligned with your goals, and regularly monitoring and rebalancing the portfolio. This approach suits investors who possess a solid understanding of Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW. On the other hand, individuals with limited knowledge about Mutual Funds may find it more practical to invest through a distributor.

Investing in Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW can be simplified into five straightforward steps for individuals looking to start

Step 1

Begin by assessing your risk profile, understanding your capacity for risk. This step is crucial to determine the level of risk you can take on when investing in Mutual Funds.

Step 2

Once you've completed your risk assessment, the next step is asset allocation. This involves dividing your investment between different asset classes, such as stocks and bonds, to achieve a balanced risk profile.

Step 3

The third step is to identify Mutual Funds that correspond to each asset class. You can evaluate these funds based on their past performance and investment objectives to make informed comparisons.

Step 4

Choose the specific Mutual Funds scheme in which you want to invest. You can initiate the application process either online or through offline channels.

Step 5

Diversify your investments and regularly monitor your portfolio to enhance your chances of achieving better results and higher profits.

Investing in Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW online can be done in two primary ways

Creating an account on the official website of an Asset Management Company (AMC): Mahindra Manulife Investment Management Private Limited has its official website where you can explore a variety of mutual funds in different categories. To invest, follow the instructions on the AMC's website, complete the required information, and submit your application. The KYC process can also be completed online, making use of your Aadhar Number and PAN. Your provided information is verified in the background, and you can start investing once successfully verified.

Using a mobile app: Mahindra Manulife Investment Management Private Limited provide mobile applications for investing in mutual funds, making the process quick and hassle-free. These apps allow investors to invest in various mutual fund schemes, check account statements, buy or sell units, and access important portfolio details. Additionally, investors can explore and invest in funds from different fund houses through these apps.

Fund Overview

Fund Size (Rs.)
NA

Exit Load
Nil

Scheme Type
6

ISIN
INF174V01085

Expense Ratio
2.16%

Minimum SIP (Rs.)
-

Launch Date
18 Oct 2016

Fund House
Mahindra Manulife Investment Management Private Limited

Investment Returns Calculator

Monthly SIP

Lump Sum

Monthly investment

₹10000

Time period

3yr

Expected Annual Return

10%

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Invested Amount

Est. Returns

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Total Value of your mutual fund

₹

You are eligible for

₹

50,000

Minimum portfolio value: ₹50,000

Interest Rate: 10% *

Choose tenure

6 mon 12 mon 18 mon

24 mon

installment options

Balloon

₹

416

per month

EMI

₹

4395

per month

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Check out how to invest in other top performing mutual funds

About Mahindra Manulife ELSS Tax Saver Fund - Regular Plan - IDCW

The investment objective of the Scheme is to generate long-term capital appreciation through adiversified portfolio of equity and equity related securities. The Scheme does not guarantee or assureany returns.