Mahindra Manulife Large & Mid Cap Fund Direct Growth
NAV as on 28-03-2025
₹ 26.88
1D
Inception Returns
20.7%
/yr
Historical NAV & Returns
About Mahindra Manulife Large & Mid Cap Fund Direct Growth
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
- Mahindra Manulife Large & Mid Cap Fund Direct Growth has ₹2243 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Mahindra Manulife Large & Mid Cap Fund Direct Growth has given a CAGR return of 20.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.31%, 15.18% and 29.01% respectively.
Holdings
Mahindra Manulife Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Industrial, Communication, Consumer Defensive, Energy, Utilities. Its top holdings are HDFC Bank Ltd, Bajaj Finance Ltd, Reliance Industries Ltd, Indus Towers Ltd Ordinary Shares, Divi's Laboratories 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 benefitDividends 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.
Mahindra Manulife Large & Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.51% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹2243 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 |
INDmoney Rank for Mahindra Manulife Large & Mid Cap Fund Direct Growth
Trailing Returns
as on (28-Mar-25)
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 2.2K Cr as of Feb'25
- AUM decreased by 176.3 Cr between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Health
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 7.4% |
 Shriram Finance Ltd | 5.6% |
 Bajaj Finance Ltd | 3.7% |
Mutual Fund Insights
Mahindra Manulife Large & Mid Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2243 Cr
Expense Ratio 0.51%
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Mahindra Manulife Mid Cap Fund Direct Growth
5Y CAGR
▲ 33.55
Mahindra Manulife Focused Fund Direct Growth
3Y CAGR
▲ 20.44
Mahindra Manulife Multi Cap Fund Direct Plan Growth
5Y CAGR
▲ 31.65
Mahindra Manulife Consumption Fund Direct Growth
5Y CAGR
▲ 23.53
Mahindra Manulife Flexi Cap Fund Direct Growth
3Y CAGR
▲ 16.56
Frequently Asked Questions for Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.98% | 6.98% |
6 Month Returns | -14.09% | -14.09% |
1 Year Returns | 1.31% | 1.31% |
3 Years Returns | 52.8% | 15.18% |
5 Years Returns | 257.38% | 29.01% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | -7.02 | -0.48 | 1.98 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 0.88 | 0.95 | 0.89 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | -0.78 | 0.55 | 0.84 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Large & Mid Cap Fund Direct Growth | 14.61 | 14.77 | 18.55 |