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Mahindra Manulife Large & Mid Cap Fund Direct Growth
EquityLarge & Mid-CapVery High Risk
Direct
NAV (21-Nov-24)
₹28.22-0.29%1D
Returns (Since Inception)
23.60%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,514 Cr
Expense Ratio
0.45%
ISIN
INF174V01945
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2020
About this fund
Mahindra Manulife Large & Mid Cap Fund Direct Growth is a Large & Mid-Cap mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 4 years, 10 months and 21 days, having been launched on 01-Jan-20.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.22, Assets Under Management (AUM) of 2513.93 Crores, and an expense ratio of 0.45%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.22, Assets Under Management (AUM) of 2513.93 Crores, and an expense ratio of 0.45%.
- Mahindra Manulife Large & Mid Cap Fund Direct Growth has given a CAGR return of 23.60% since inception.
- The fund's asset allocation comprises around 93.52% in equities, 0.00% in debts, and 6.48% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Large & Mid Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+24.72%
+31.14% (Cat Avg.)
3 Years
+16.04%
+16.74% (Cat Avg.)
Since Inception
+23.60%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹2,351.12 Cr | 93.52% |
| Others | ₹162.81 Cr | 6.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹143.72 Cr | 5.72% |
| Triparty Repo | Cash - Repurchase Agreement | ₹140.83 Cr | 5.60% |
| Reliance Industries Ltd | Equity | ₹100.7 Cr | 4.01% |
| PI Industries Ltd | Equity | ₹68.67 Cr | 2.73% |
| Hindustan Unilever Ltd | Equity | ₹68.26 Cr | 2.72% |
| Persistent Systems Ltd | Equity | ₹67.69 Cr | 2.69% |
| Divi's Laboratories Ltd | Equity | ₹60.96 Cr | 2.42% |
| Trent Ltd | Equity | ₹60.95 Cr | 2.42% |
| ICICI Bank Ltd | Equity | ₹58.15 Cr | 2.31% |
| BSE Ltd | Equity | ₹54.26 Cr | 2.16% |
| Bharat Forge Ltd | Equity | ₹53.94 Cr | 2.15% |
| Samvardhana Motherson International Ltd | Equity | ₹52.93 Cr | 2.11% |
| InterGlobe Aviation Ltd | Equity | ₹52.89 Cr | 2.10% |
| Multi Commodity Exchange of India Ltd | Equity | ₹52.78 Cr | 2.10% |
| LTIMindtree Ltd | Equity | ₹51.4 Cr | 2.04% |
| HCL Technologies Ltd | Equity | ₹50.86 Cr | 2.02% |
| ITC Ltd | Equity | ₹48.39 Cr | 1.92% |
| Kotak Mahindra Bank Ltd | Equity | ₹47.5 Cr | 1.89% |
| Tata Consultancy Services Ltd | Equity | ₹46.83 Cr | 1.86% |
| Bajaj Finance Ltd | Equity | ₹46.51 Cr | 1.85% |
| Indian Hotels Co Ltd | Equity | ₹40.81 Cr | 1.62% |
| Mahindra & Mahindra Ltd | Equity | ₹40.52 Cr | 1.61% |
| Neuland Laboratories Limited | Equity | ₹39.44 Cr | 1.57% |
| Max Financial Services Ltd | Equity | ₹36.95 Cr | 1.47% |
| Bharti Hexacom Ltd | Equity | ₹35.53 Cr | 1.41% |
| ACC Ltd | Equity | ₹35.5 Cr | 1.41% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹34.51 Cr | 1.37% |
| Bharat Petroleum Corp Ltd | Equity | ₹33.56 Cr | 1.33% |
| Colgate-Palmolive (India) Ltd | Equity | ₹33.08 Cr | 1.32% |
| Bandhan Bank Ltd | Equity | ₹31.98 Cr | 1.27% |
| CG Power & Industrial Solutions Ltd | Equity | ₹31.7 Cr | 1.26% |
| CRISIL Ltd | Equity | ₹31.48 Cr | 1.25% |
| Torrent Power Ltd | Equity | ₹31.15 Cr | 1.24% |
| Central Depository Services (India) Ltd | Equity | ₹30.92 Cr | 1.23% |
| NTPC Ltd | Equity | ₹30.12 Cr | 1.20% |
| United Spirits Ltd | Equity | ₹30 Cr | 1.19% |
| Exide Industries Ltd | Equity | ₹29.92 Cr | 1.19% |
| Alkem Laboratories Ltd | Equity | ₹29.65 Cr | 1.18% |
| Great Eastern Shipping Co Ltd | Equity | ₹29.01 Cr | 1.15% |
| NLC India Ltd | Equity | ₹28.97 Cr | 1.15% |
| Honeywell Automation India Ltd | Equity | ₹28.84 Cr | 1.15% |
| LIC Housing Finance Ltd | Equity | ₹28.4 Cr | 1.13% |
| HDFC Asset Management Co Ltd | Equity | ₹27.09 Cr | 1.08% |
| Ipca Laboratories Ltd | Equity | ₹25.74 Cr | 1.02% |
| Balrampur Chini Mills Ltd | Equity | ₹25.43 Cr | 1.01% |
| Bata India Ltd | Equity | ₹24.72 Cr | 0.98% |
| Oil India Ltd | Equity | ₹24.63 Cr | 0.98% |
| Kaynes Technology India Ltd | Equity | ₹24.48 Cr | 0.97% |
| GAIL (India) Ltd | Equity | ₹24.4 Cr | 0.97% |
| The Federal Bank Ltd | Equity | ₹23.86 Cr | 0.95% |
| JK Paper Ltd | Equity | ₹23.67 Cr | 0.94% |
| L&T Technology Services Ltd | Equity | ₹23.59 Cr | 0.94% |
| Net Receivables / (Payables) | Cash | ₹21.98 Cr | 0.87% |
| INOX Green Energy Services Ltd | Equity | ₹21.92 Cr | 0.87% |
| Amara Raja Energy & Mobility Ltd | Equity | ₹21.28 Cr | 0.85% |
| Emcure Pharmaceuticals Ltd | Equity | ₹19.43 Cr | 0.77% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹18.53 Cr | 0.74% |
| PTC Industries Ltd | Equity | ₹18.18 Cr | 0.72% |
| Escorts Kubota Ltd | Equity | ₹16.85 Cr | 0.67% |
| TVS Motor Co Ltd | Equity | ₹16.83 Cr | 0.67% |
| Technocraft Industries (India) Ltd | Equity | ₹15.79 Cr | 0.63% |
| Mankind Pharma Ltd | Equity | ₹14.4 Cr | 0.57% |
| Bayer CropScience Ltd | Equity | ₹11.93 Cr | 0.47% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹11.26 Cr | 0.45% |
| Suzlon Energy Ltd | Equity | ₹7.23 Cr | 0.29% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.5 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
42.98%
Mid Cap Stocks
35.08%
Small Cap Stocks
13.12%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹666.61 Cr | 26.52% |
| Consumer Cyclical | ₹331.87 Cr | 13.20% |
| Industrials | ₹246.25 Cr | 9.80% |
| Technology | ₹240.37 Cr | 9.56% |
| Consumer Defensive | ₹205.15 Cr | 8.16% |
| Energy | ₹158.89 Cr | 6.32% |
| Healthcare | ₹150.18 Cr | 5.97% |
| Basic Materials | ₹139.77 Cr | 5.56% |
| Utilities | ₹136.56 Cr | 5.43% |
| Communication Services | ₹36.03 Cr | 1.43% |
Risk & Performance Ratios
Standard Deviation
This fund
13.75%
Cat. avg.
13.87%
Lower the better
Sharpe Ratio
This fund
0.86
Cat. avg.
0.85
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.54
Higher the better
Fund Managers
ML
Manish Lodha
Since December 2020
Additional Scheme Detailsas of 31st October 2024
ISIN INF174V01945 | Expense Ratio 0.45% | Exit Load 1.00% | Fund Size ₹2,514 Cr | Age 4 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty LargeMidcap 250 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Large & Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Union Large & Midcap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹833.86 Cr | 23.6% |
| Union Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹833.86 Cr | 21.8% |
| HSBC Large & Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3718.04 Cr | 37.2% |
| HSBC Large & Mid Cap Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹3718.04 Cr | 38.6% |
| Baroda BNP Paribas Large & Mid Cap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1437.13 Cr | 35.3% |
| Baroda BNP Paribas Large & Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹1437.13 Cr | 37.1% |
| Tata Large & Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹8390.40 Cr | 23.1% |
| Navi Large & Midcap Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹316.32 Cr | 20.0% |
| Navi Large & Midcap Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹316.32 Cr | 22.3% |
| UTI Core Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3976.41 Cr | 34.7% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,12,585 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Large & Mid Cap Fund Direct Growth?
The NAV of Mahindra Manulife Large & Mid Cap Fund Direct Growth, as of 21-Nov-2024, is ₹28.22.
What are the returns of Mahindra Manulife Large & Mid Cap Fund Direct Growth?
The fund has generated 24.72% over the last 1 year and 16.04% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mahindra Manulife Large & Mid Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 93.52% in equities, 0.00% in bonds, and 6.48% in cash and cash equivalents.
Who manages the Mahindra Manulife Large & Mid Cap Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Large & Mid Cap Fund Direct Growth are:-
- Manish Lodha
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.