Mahindra Manulife Large & Mid Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 88% of historical 3-year rolling periods.
- 5-Year CAGR of 10.24% demonstrates steady long-term compounding.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +8.12% | +7.09% | +1.03% |
| 3 Months | +1.66% | +0.32% | +1.34% |
| 6 Months | +8.34% | +5.55% | +2.79% |
| 1 Year | +4.58% | +3.04% | +1.54% |
| 3 Years CAGR | +11.95% | +13.28% | -1.33% |
| 5 Years CAGR | +10.24% | +10.62% | -0.38% |
| Since Inception | +16.61% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Large & Mid Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.32% | +2.62% | +2.70% |
| 2025 | +2.25% | +4.13% | -1.88% |
| 2024 | +16.64% | +24.32% | -7.68% |
| 2023 | +32.22% | +29.34% | +2.88% |
| 2022 | +1.93% | +0.28% | +1.65% |
| 2021 | +45.24% | +38.27% | +6.97% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -9.69% | +21.60% | +14.33% | +91.82% | 82.0% | 56.1% |
| 3-Year Rolling | +8.83% | +19.30% | +18.12% | +33.43% | 100.0% | 87.6% |
| 5-Year Rolling | +8.12% | +18.29% | +18.81% | +28.95% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-20 | 2020-03-23 | -33.0% | 1 months | 7 months |
| 2024-09-27 | 2025-03-03 | -20.5% | 5 months | Not yet recovered |
| 2021-10-18 | 2022-06-20 | -19.1% | 8 months | 12 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Securities^ of which | 80% - 100%, a) Large Cap Companies*: 35%-65%, b) Mid Cap Companies#: 35% - 65%, c) Other than Large Cap and Mid Cap Companies: 0%& - 30%, Debt and Money Market Securities^ (including TREPS (Tri-Party Repo), Reverse Repo): 0% - 20%, Units issued by REITs & InvITs: 0% - 10%, ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. |
| *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. | Per Scheme Mandate |
| #Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. | Per Scheme Mandate |
| For the purpose of this definition(s), the list of stocks prepared by AMFI in this regard will be adopted. | Per Scheme Mandate |
| Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com | Per Scheme Mandate |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,952 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Large & Mid Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Large & Mid Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Large & Mid Cap Fund | 2.7 | +11.54% | 2.01% | 106.9% | Rs 5,848 cr | Compare → |
| Navi Large & Midcap Fund | 2.2 | +9.57% | 2.53% | 110.4% | Rs 308 cr | Compare → |
| LIC MF Large & Mid Cap Fund | 2.9 | +12.24% | 2.63% | 115.0% | Rs 3,085 cr | Compare → |
| Tata Large & Mid Cap Fund | 2.9 | +6.19% | 1.83% | 112.8% | Rs 7,405 cr | Compare → |
| Mirae Asset Large & Midcap Fund | 4.7 | +12.19% | 1.75% | 106.4% | Rs 45,797 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Large & Mid Cap Fund
What is the expense ratio of Mahindra Manulife Large & Mid Cap Fund?
Mahindra Manulife Large & Mid Cap Fund has a total expense ratio (TER) of 2.17% with a base expense ratio of 1.68%, compared to the Large & Mid Cap category median of 2.32%.
Who manages Mahindra Manulife Large & Mid Cap Fund?
Mahindra Manulife Large & Mid Cap Fund is managed by Neelesh Dhamnaskar (tenure: 0.7 years since 2026-02-16).
What are the historical returns of Mahindra Manulife Large & Mid Cap Fund?
Mahindra Manulife Large & Mid Cap Fund delivered a 3-year CAGR of 11.95% and a 5-year CAGR of 10.24%. Its 1-year return stands at +4.58%.
How large is Mahindra Manulife Large & Mid Cap Fund?
Mahindra Manulife Large & Mid Cap Fund manages assets of Rs 2,952 cr, placing it in the 'comfortable' size band relative to Large & Mid Cap peers.
How is Mahindra Manulife Large & Mid Cap Fund scored on MFIQ?
Mahindra Manulife Large & Mid Cap Fund holds an MFIQ Score of 4.7/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Large & Mid Cap Fund?
Mahindra Manulife Large & Mid Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.35% with a maximum historical drawdown of -32.95%.