Equity
Direct
Large & Mid-Cap
NAV as on 06-12-2024
₹ 30.01
▲0.4%
1D
Inception Returns
24.9%
/yr
Mahindra Manulife Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2020. The fund is managed by Manish Lodha. The fund could potentially beat inflation in the long-run.
Mahindra Manulife Large & Mid Cap Fund Direct Growth has given a CAGR return of 24.93% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.52% and 20.36% respectively.
Mahindra Manulife Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Energy, Health, Basic Materials, Utilities, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Persistent Systems Ltd, Divi's Laboratories Ltd
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the Scheme is to seek long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Large & Mid Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.45% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹2538 Cr |
Inception Date | 1 January, 2020 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 136.03% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech
Mahindra Manulife Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.18% | 1.18% |
6 Month Returns | 8.37% | 8.37% |
1 Year Returns | 26.52% | 26.52% |
3 Years Returns | 74.37% | 20.36% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 1.57 | 0.88 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 0.81 | 0.93 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 1.49 | 0.94 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 11.56 | 13.49 | - |