Mahindra Manulife Large & Mid Cap Fund Direct Growth

Mahindra Manulife Large & Mid Cap Fund Direct Growth

Equity

Mahindra Mutual Fund

Large & Mid-Cap

Get the latest NAV of Mahindra Manulife Large & Mid Cap Fund Direct Growth. 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.

₹28.68

▲0.7%1D

NAV as on 15 May 2025

21.52%/per year

Since Inception

Absolute Gain%

▲▼

449 people have invested ₹ 38.1L in Mahindra Manulife Large & Mid Cap Fund Direct Growth 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 (15-May-25)

The fund has outperformed the benchmark (NIFTY 500) over 3Y, 5Y, but underperformed over 1Y.

Period
This Fund
NIFTY 500
Category Avg
1 Month
8.67%
8.42%
8.47%
3 Months
9.71%
9.05%
9.31%
6 Months
1.31%
2.44%
1.05%
1 Year
4.65%
8.78%
10.82%
3 Years
20.68%
18.65%
22.3%
5 Years
28.47%
24.52%
27.01%

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
Inception Returns
Mahindra Manulife Large & Mid Cap Fund
-
2,506Cr
0.45%
4.65%
20.68%
21.52%
Invesco India Large&MidCap Fund Direct Growth
5/21
6,765Cr
0.7%
20.52%
28.81%
18.35%
HDFC Large and Mid Cap Fund Direct Growth
6/21
24,326Cr
0.96%
10.53%
25.41%
14.12%
SBI Large & Midcap Fund Direct Growth
7/21
30,133Cr
0.75%
13.3%
22.01%
17.41%
See all
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Mahindra Manulife Large & Mid Cap Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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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-May-25)

Fund Distribution

as on (13-May-25)

Equity 95.7%

Debt & Cash 4.3%

Large cap
44%
Mid cap
38.9%
Small cap
12%
Mid Cap allocation has gone up from 35% to 38.9%
Mid Cap allocation has gone up from 35% to 38.9%
Large Cap allocation has gone down from 47.7% to 44%
Large Cap allocation has gone down from 47.7% to 44%
Small Cap allocation has gone down from 12% to 12%
Small Cap allocation has gone down from 12% to 12%
Cash allocation has gone up from 3.5% to 4.3%
Cash allocation has gone up from 3.5% to 4.3%

Mahindra Manulife Large & Mid Cap Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 95.7%

Debt & Cash 4.3%

Financial Services
28.8%
Consumer Cyclical
14.4%
Industrial
10.7%
Tech
10.4%
Consumer Defensive
8.9%
Energy
6.9%
Health
6.5%
Basic Materials
6%
Utilities
5.9%
Communication
1.6%

Top 3 Sectors in April were Financial Services, Consumer Cyclical & Industrial

Apr'25

Financial Services

37%

Health

11%

Industrial

11%

Mar'25

Financial Services

34%

Consumer Cyclical

11%

Industrial

10%

Mahindra Manulife Large & Mid Cap Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
4.56%
-21.6%
Indus Towers Ltd Ordinary Shares
4.53%
21.1%
Bajaj Finance Ltd
3.84%
-0.9%
Divi's Laboratories Ltd
3.04%
-2.9%
InterGlobe Aviation Ltd
2.9%
0%
See all
Top Stocks bought last month
ITC Hotels Ltd's allocation increased from 0.03% to 0.47%
ITC Hotels Ltd's allocation increased from 0.03% to 0.47%
Laurus Labs Ltd's allocation increased from 1.75% to 2.11%
Laurus Labs Ltd's allocation increased from 1.75% to 2.11%
InterGlobe Aviation Ltd's allocation increased from 2.6% to 2.93%
InterGlobe Aviation Ltd's allocation increased from 2.6% to 2.93%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.41 % to 5.72 %
HDFC Bank Ltd's allocation decreased from 8.41 % to 5.72 %
Reliance Industries Ltd's allocation decreased from 3.56 % to 3.52 %
Reliance Industries Ltd's allocation decreased from 3.56 % to 3.52 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 3.31 % to 3.18 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 3.31 % to 3.18 %

Mahindra Manulife Large & Mid Cap Fund Direct Growth Overview

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

Expense ratio0.45%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹2506 Cr
Inception Date1 January, 2020
Min Lumpsum/SIP₹1000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
136.03%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Large & Mid Cap Fund

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.

Key Parameters

  1. Mahindra Manulife Large & Mid Cap Fund Direct Growth has ₹2506 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Large & Mid Cap Fund Direct Growth has given a CAGR return of 21.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.65%, 20.68% and 28.47% respectively.

Holdings

Mahindra Manulife Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Tech, Basic Materials, Consumer Cyclical, Communication, Utilities, Energy, Consumer Defensive. Its top holdings are HDFC Bank Ltd, Indus Towers Ltd Ordinary Shares, Bajaj Finance Ltd, Divi's Laboratories Ltd, InterGlobe Aviation Ltd

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 Direct Growth

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 Direct Growth has no lock in period.

Fund Manager

Manish Lodha

Fund Manager of Mahindra Manulife Large & Mid Cap Fund Direct Growth, since 21 December 2020

Learn more about Mahindra Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 2.5K Cr
₹ 2.4K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.5K Cr as of Apr'25
  • AUM increased by 90.6 Cr between Apr'25 and Mar'25

Compare Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund

VS

Mirae Asset Large & Midcap Fund Direct Growth

Frequently Asked Questions for Mahindra Manulife Large & Mid Cap Fund Direct Growth

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

The current NAV of Mahindra Manulife Large & Mid Cap Fund Direct Growth is ₹28.68 as on 15-May-2025.

What are the average returns of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

Existing (Absolute + CAGR) as on 15-May-2025.
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.67%
8.67%
6 Month Returns
1.31%
1.31%
1 Year Returns
4.65%
4.65%
3 Years Returns
75.74%
20.68%

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

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

0.45% as on April 2025

What is net assets under management (AUM) of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

₹2506 Cr as on April 2025

What are the top 5 holdings of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

HDFC Bank Ltd(4.56%), Indus Towers Ltd Ordinary Shares(4.53%), Bajaj Finance Ltd(3.84%), Divi's Laboratories Ltd(3.04%), InterGlobe Aviation Ltd(2.9%) as on April 2025

What are the top 3 sectors that this Mahindra Manulife Large & Mid Cap Fund Direct Growth has invested in?

Financial Services(35.83%), Health(10.67%), Industrial(10.43%) as on April 2025

What is the alpha of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

The alpha ratio for the Mahindra Manulife Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Mahindra Manulife Large & Mid Cap Fund Direct Growth
-6.75
-0.69
1.51
As on April 2025
The alpha for Mahindra Manulife Large & Mid Cap Fund Direct Growth is calculated against Nifty LargeMidcap 250 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%.

What is the beta of Mahindra Manulife Large & Mid Cap Fund Direct Growth??

The Beta ratio for the Mahindra Manulife Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Mahindra Manulife Large & Mid Cap Fund Direct Growth
0.89
0.94
0.92
As on April 2025
The Beta for Mahindra Manulife Large & Mid Cap Fund Direct Growth is calculated with Nifty LargeMidcap 250 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.

What is the sharpe ratio of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

The sharpe ratio for the Mahindra Manulife Large & Mid 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 & Mid Cap Fund Direct Growth
-0.36
0.66
1.34
As on April 2025
The sharpe ratio for Mahindra Manulife Large & Mid Cap Fund Direct Growth is calculated with Nifty LargeMidcap 250 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.

What is the standard deviation of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

The standard deviation for the Mahindra Manulife Large & Mid 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 & Mid Cap Fund Direct Growth
15.93
14.92
14.56
As on April 2025
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.

What is the Sortino ratio of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

Sortino ratio is 1.04 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

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

Manish Lodha is the fund manager of Mahindra Manulife Large & Mid Cap Fund Direct Growth

What is the exit load of Mahindra Manulife Large & Mid Cap Fund Direct Growth?

The Exit load of Mahindra Manulife Large & Mid Cap Fund Direct Growth is 1%