Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund

Equity

Mahindra Mutual Fund

Large & Mid-Cap

Get the latest NAV of Mahindra Manulife Large & Mid Cap Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹29.39

▲0.8%1D

NAV as on 04 May 2026

18.51%/per year

Since Inception

Absolute Gain%

▲▼

339 people have invested ₹ 22.2L in Mahindra Manulife Large & Mid Cap Fund in the last three months

Mahindra Manulife Large & Mid Cap Fund Performance vs. NIFTY 500

Fund returns vs Benchmark returns vs Category Average returns as on (04-May-26)

The fund has consistently outperformed the benchmark (NIFTY 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
8.2%
-2.51%
-3.62%
5.79%
17.1%
16.87%
NIFTY 500
9.04%
-2.99%
-3.57%
3.75%
14.01%
13.17%
Large & Mid-Cap Avg
9.4%
-1.53%
-3.16%
6.74%
17.54%
16.19%
Best in Large & Mid-Cap
17.64%
10.53%
1.53%
16.81%
27.14%
22.63%
Worst in Large & Mid-Cap
3.58%
-4.07%
-8.36%
-3.07%
11.41%
11.1%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mahindra Manulife Large & Mid Cap Fund
-
2,453Cr
0.58%
5.79%
17.1%
-0.01
0.94
0.70
1.06
-0.18
Bandhan Large & Mid Cap Fund
1/21
14,109Cr
0.54%
12.13%
24.24%
5.71
0.98
1.07
1.75
2.10
ICICI Prudential Large & Mid Cap Fund
2/21
27,005Cr
0.8%
6.22%
20.29%
3.57
0.85
0.94
1.44
0.53
UTI Large & Mid Cap Fund
3/21
5,234Cr
0.88%
8.49%
21%
3.24
0.94
0.92
1.46
0.96
See all
Positive: Beats FD returns for both 3Y & 5Y duration
Beats FD returns for both 3Y & 5Y duration
Negative: No bad points found for this fund.
No bad points found for this fund.

Mahindra Manulife Large & Mid Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mahindra Manulife Large & Mid Cap Fund Asset Allocation

See fund asset allocation details as on (13-Apr-26)

Fund Distribution

as on (13-Apr-26)

Large cap
50.6%
Mid cap
37.1%
Small cap
6.4%
Large Cap allocation has gone up from 49.9% to 50.6%
Large Cap allocation has gone up from 49.9% to 50.6%
Small Cap allocation has gone down from 6.6% to 6.4%
Small Cap allocation has gone down from 6.6% to 6.4%
Mid Cap allocation has gone up from 36.2% to 37.1%
Mid Cap allocation has gone up from 36.2% to 37.1%
Cash allocation has gone down from 7.2% to 6%
Cash allocation has gone down from 7.2% to 6%

Mahindra Manulife Large & Mid Cap Fund Sector Allocation

See fund sector allocation details as on (13-Apr-26)

Sector Allocation

Financial Services
28.3%
Industrial
16%
Health
15.6%
Tech
11.4%
Basic Materials
8%
Consumer Cyclical
7.6%
Communication
5.1%
Energy
2.3%
Real Estate
2.3%
Consumer Defensive
1.9%
Utilities
1.5%

Top 3 Sectors in March were Financial Services, Health & Industrial

Mar'26

Financial Services

32%

Health

14%

Consumer Cyclical

11%

Feb'26

Financial Services

33%

Health

13%

Industrial

11%

Mahindra Manulife Large & Mid Cap Fund Holdings Details

as on (30-Apr-26)

Top Stocks bought last month
Shriram Finance Ltd's allocation increased from 0.55% to 1.18%
Shriram Finance Ltd's allocation increased from 0.55% to 1.18%
Glenmark Pharmaceuticals Ltd's allocation increased from 2.97% to 3.29%
Glenmark Pharmaceuticals Ltd's allocation increased from 2.97% to 3.29%
Larsen & Toubro Ltd's allocation increased from 1.25% to 1.56%
Larsen & Toubro Ltd's allocation increased from 1.25% to 1.56%
Top Stocks sold last month
Indus Towers Ltd Ordinary Shares's allocation decreased from 4.63 % to 4.08 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 4.63 % to 4.08 %
ICICI Bank Ltd's allocation decreased from 3.83 % to 3.73 %
ICICI Bank Ltd's allocation decreased from 3.83 % to 3.73 %
UltraTech Cement Ltd's allocation decreased from 3.31 % to 3.12 %
UltraTech Cement Ltd's allocation decreased from 3.31 % to 3.12 %

Mahindra Manulife Large & Mid Cap Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.58%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹2453 Cr
Inception Date1 January, 2020
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
141.42%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund is an equity fund. This fund was started on 1 January, 2020. The fund is managed by Neelesh Dhamnaskar, Kirti Dalvi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Large & Mid Cap Fund has ₹2453 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Mahindra Manulife Large & Mid Cap Fund has given a CAGR return of 18.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.79%, 17.10% and 16.87% respectively.

Holdings

Mahindra Manulife Large & Mid Cap Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Industrial, Basic Materials, Tech, Communication, Energy, Corporate, Consumer Defensive, Utilities, Real Estate, Government. Its top holdings are Indus Towers Ltd Ordinary Shares, ICICI Bank Ltd, Glenmark Pharmaceuticals Ltd, UltraTech Cement Ltd, State Bank of India

Taxation

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mahindra Manulife Large & Mid Cap Fund

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 and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Large & Mid Cap Fund has no lock in period.

Fund Manager

Neelesh Dhamnaskar

Fund Manager of Mahindra Manulife Large & Mid Cap Fund, since 16 February 2026

Kirti Dalvi

Fund Manager of Mahindra Manulife Large & Mid Cap Fund, since 2 December 2025

Learn more about Mahindra Mutual Fund
Parameters
Mar'26
Feb'26
Jan'26
AUM
₹ 2.5K Cr
₹ 2.7K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 2.5K Cr as of Mar'26
  • AUM decreased by 277 Cr between Mar'26 and Feb'26

Compare Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund

VS

Mirae Asset Large & Midcap Fund

Frequently Asked Questions for Mahindra Manulife Large & Mid Cap Fund

How do I invest in Mahindra Manulife Large & Mid Cap Fund?

INDmoney makes it simple to invest in the Mahindra Manulife Large & Mid Cap Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mahindra Manulife Large & Mid Cap Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mahindra Manulife Large & Mid Cap Fund?

The NAV of the fund today is ₹29.39. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mahindra Manulife Large & Mid Cap Fund fund has generated a return of 5.79% in 1 year, 17.10% in 3 years, 16.87% in 5 years.

Who is the fund manager of Mahindra Manulife Large & Mid Cap Fund?

The fund managers are Neelesh Dhamnaskar, Kirti Dalvi.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-3 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.58%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2453 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mahindra Manulife Large & Mid Cap Fund?

The top 3 holdings of the fund are Indus Towers Ltd Ordinary Shares(4.08%), ICICI Bank Ltd(3.73%), Glenmark Pharmaceuticals Ltd(3.29%)