Mahindra Manulife Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV: ₹ 22.56 as on 23-04-2024
Fund Performance
163 people have invested ₹ 4.4L in Mahindra Manulife Large Cap Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.52% return, outperforming this fund by 2.28% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 27.38% return, outperforming this fund by 7.96% per annum.
Over the last 6 months, this fund has experienced a 54.5% growth in AUM moving from 272.9 Cr to 421.6 Cr.
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 45.86% return, outperforming this fund by 9.2%.
INDmoney Rank of Mahindra Manulife Large Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct Growth is an equity fund. This fund was started on 19 March, 2019. The fund is managed by Fatema Pacha. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mahindra Manulife Large Cap Fund Direct Growth has ₹422 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Mahindra Manulife Large Cap Fund Direct Growth Overview
 | 0.73% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹422 Cr |
 | 19 March, 2019 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 101% |
Mahindra Manulife Large Cap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
88.1%
Mid cap
5.3%
Small cap
3.9%
Sector Allocation
Financial Services
33.1%
Tech
12.9%
Consumer Defensive
10.9%
Energy
10.3%
Industrial
9.3%
Consumer Cyclical
6.9%
Utilities
5.3%
Basic Materials
4.9%
Health
4.7%
Communication
1.6%
Top Holdings of Mahindra Manulife Large Cap Fund Direct Growth as on (31-Mar-24)
Equity Holdings44
Mahindra Manulife Large Cap Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.17% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 1.91% in Mar'24
AUM Change
- AUM of the fund stands at 421.6 Cr as of Mar'24
- AUM increased by 41.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Mahindra Manulife Large Cap Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 20.1% |
 ICICI Prudential Life Insurance Company Ltd | 9.7% |
 Maruti Suzuki India Ltd | 7.7% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Wipro Ltd | -6.7% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
Mahindra Manulife Large Cap Fund Direct Growth Fund Manager
Fatema Pacha
Fund Manager of Mahindra Manulife Large Cap Fund Direct Growth, since 21 December 2020
Top funds managed
Mahindra Manulife Large Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.26% since inception which is more than its category average return of 13.48%
Fund Allocations
This fund has an allocation of 97.35% in Equity, 0% in Debt and 2.65% in Cash related instruments
AUM size ₹422 Cr
This fund has AUM of ₹422 Cr which is less than its category average of ₹ 6123 Cr
Expense Ratio 0.73%
This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Mahindra Manulife Large Cap Fund Direct Growth is ₹22.56 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Mahindra Manulife Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.47% | 2.47% |
6 Month Returns | 21.04% | 21.04% |
1 Year Returns | 36.66% | 36.66% |
3 Years Returns | 70.3% | 19.42% |
5 Years Returns | 121.52% | 17.24% |
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0.73% as on March 2024
₹422 Cr as on March 2024
ICICI Bank Ltd(8.88%), HDFC Bank Ltd(7.99%), Reliance Industries Ltd(7.06%), Infosys Ltd(4.9%), Tata Consultancy Services Ltd(4.69%) as on March 2024
Financial Services(32.21%), Tech(12.6%), Consumer Defensive(10.58%) as on March 2024
The alpha ratio for the Mahindra Manulife Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Large Cap Fund Direct Growth | 1.56 | 2.06 | 2.09 |
As on March 2024
The alpha for Mahindra Manulife Large Cap Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mahindra Manulife Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Large Cap Fund Direct Growth | 0.98 | 0.89 | 0.92 |
As on March 2024
The Beta for Mahindra Manulife Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mahindra Manulife Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Large Cap Fund Direct Growth | 2.28 | 1 | 0.71 |
As on March 2024
The sharpe ratio for Mahindra Manulife Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mahindra Manulife Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Large Cap Fund Direct Growth | 10.96 | 12.19 | 17.34 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.79 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.35 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Fatema Pacha is the fund manager of Mahindra Manulife Large Cap Fund Direct Growth
The Exit load of Mahindra Manulife Large Cap Fund Direct Growth is 1%