Mahindra Manulife Large & Mid Cap Fund

Q: What are the returns of this mutual fund scheme?

The Mahindra Manulife Large & Mid Cap Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 18.87% since inception. Mahindra Manulife Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year Since Inception 2.48% 16.56% 22.35% 18.87%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹27.4029+0.85% 1 day change	18.87% p.a.	App exclusive #NA View Ranked Funds	₹2,647 Cr

Historical NAV & returns

NAV: ₹27.4029 as on Oct 20, 2025

This fund Category average

Mahindra Manulife Large & Mid Cap Fund overview

AUM (Fund size)	₹2,647 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 3 months.!
Lock-in Period	Nil
Age	5 yrs 10 m since Dec 06, 2019
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.94% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Mahindra Manulife Large & Mid Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	2.82%	2.59%
3 Months	1.42%	2.81%
6 Months	8.52%	10.08%
1 Year	2.48%	5.82%
2 Years	17.89%	21.7%
3 Years	16.56%	18.91%
4 Years	12.04%	13.89%
5 Years	22.35%	22.54%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 38.25%

Mid Cap 43.58%

Small Cap 15.76%

Other Cap 0%

Top holdings

Indus Towers Ltd.3.6%

ICICI Bank Ltd.3.43%

Glenmark Pharmaceuticals Ltd.3.31%

Divi's Laboratories Ltd.2.69%

Top sectors

Financial 25.169999999999998%

Healthcare 15.24%

Capital Goods 10.030000000000001%

Technology 8.61%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 2.18%

Net Receivables 0.23%

Other Holdings

Others 0.23%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Large & Mid Cap Fund	2.82%	8.52%	2.48%	16.56%	22.35%	N.A.
ICICI Prudential Large & Mid Cap Fund	3.15%	10.3%	10.92%	22.03%	27.84%	16.21%
Bandhan Large & Mid Cap Fund	2.87%	11.35%	8.51%	24.25%	25.7%	16.3%
HDFC Large and Mid Cap Fund	2.78%	10.14%	6.65%	21.2%	26.59%	14.76%
Motilal Oswal Large and Midcap Fund	1.42%	18.23%	8.16%	28.06%	28.46%	13.1%
Kotak Large & Midcap Fund	2.79%	11.27%	6.11%	19.46%	22.34%	15.54%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Large & Mid Cap Fund	13.83	0.99	0.67	0.96
ICICI Prudential Large & Mid Cap Fund	11.75	0.87	1.2	1.75
Bandhan Large & Mid Cap Fund	13.37	0.98	1.21	1.68
HDFC Large and Mid Cap Fund	13.88	1.05	0.97	1.41
Motilal Oswal Large and Midcap Fund	18.33	1.13	1.1	1.19
Kotak Large & Midcap Fund	12.82	0.93	0.95	1.27

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mahindra Manulife Large & Mid Cap Fund	N.A.	2,647 Cr	5 yrs 10 m	1.94%
ICICI Prudential Large & Mid Cap Fund	N.A.	24,424 Cr	27 yrs 4 m	1.65%
Bandhan Large & Mid Cap Fund	N.A.	10,818 Cr	20 yrs 3 m	1.72%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	31 yrs 9 m	1.64%
Motilal Oswal Large and Midcap Fund	N.A.	13,778 Cr	6 yrs	1.67%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	21 yrs 2 m	1.57%

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.15 vs. 5.21 Underperformed at beating benchmark
Sharpe	0.67 vs. 6.07 Poor risk-adjusted returns
Beta	0.99 vs. 0.89 More sensitive to market's ups & downs
Standard deviation	13.83 vs. 10.84 More volatile performance

Compare Mahindra Manulife Large & Mid Cap Fund in detail with

About this fund

About Mahindra Manulife Large & Mid Cap Fund

Mahindra Manulife Large & Mid Cap Fund is a Large & MidCap mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 5 yrs 10 m, having been launched on 06/12/2019. Mahindra Manulife Large & Mid Cap Fund has ₹2,647 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Large & Mid Cap Fund as of 20/10/2025 is ₹27.40. The fund has an expense ratio of 1.94%, which is higher than what most other Large & Midcap funds charge.

Mahindra Manulife Large & Mid Cap Fund returns of last 1-year are -1.44%. Since launch, it has delivered 18.94% average annual returns. The fund has doubled the money invested in it every 5 yrs.
Mahindra Manulife Large & Mid Cap Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Healthcare, Capital Goods, Technology, Automobile sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
The fund's top 5 holdings are in Indus Towers Ltd., ICICI Bank Ltd., Glenmark Pharmaceuticals Ltd., Divi's Laboratories Ltd., Ultratech Cement Ltd..

...

Fund AUM	2,647 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Manish Lodha

Mr. Lodha is a Chartered Accountant and Company Secretary Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Investment objective

The Scheme seeks long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks.

Mahindra Manulife Mutual Fund details

No. of schemes	25 view all schemes
Total AUM	31,673 Cr as on Sep 30, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

More funds from Mahindra Manulife Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mahindra Manulife Mid Cap Fund	N.A.	3,994 Cr	2.71%	27.82%
Mahindra Manulife Multi Cap Fund	N.A.	5,720 Cr	5.15%	25.36%
Mahindra Manulife Focused Fund	N.A.	2,127 Cr	5.07%	22.2%
Mahindra Manulife ELSS Tax Saver Fund	N.A.	942 Cr	7.35%	20.88%
Mahindra Manulife Consumption Fund	N.A.	540 Cr	3.23%	20.25%

See all Equity funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Mahindra Manulife Large & Mid Cap Fund plan is approximately ₹27.4029 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Large & Mid Cap Fund is a 5 yrs 10 m old fund and has delivered average annual returns of 18.87% since inception.

Mahindra Manulife Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	Since Inception
2.48%	16.56%	22.35%	18.87%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Large & Mid Cap Fund has an expense ratio of 1.94%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mahindra Manulife Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 2,647 Cr as on Sep 30, 2025.

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

The Mahindra Manulife Large & Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Indus Towers Ltd.	3.6%
ICICI Bank Ltd.	3.43%
Glenmark Pharmaceuticals Ltd.	3.31%
Divi's Laboratories Ltd.	2.69%
Ultratech Cement Ltd.	2.53%
Kaynes Technology India Ltd.	2.52%
Axis Bank Ltd.	2.35%
State Bank of India	2.1%
Canara Bank	2.06%
Polycab India Ltd.	2.06%

What are the top sectors Mahindra Manulife Large & Mid Cap Fund has invested in?

The Mahindra Manulife Large & Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.169999999999998%
Healthcare	15.24%
Capital Goods	10.030000000000001%
Technology	8.61%
Automobile	5.859999999999999%
Communication	4.95%
Materials	4.66%
Services	4.4799999999999995%
Chemicals	4.24%
Construction	4.01%

What is risk level of Mahindra Manulife Large & Mid Cap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mahindra Manulife Large & Mid Cap Fund?

Redeeming your investments in the Mahindra Manulife Large & Mid Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 5 Years.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 21.65% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1%, if redeemed within 3 months.