Mahindra Manulife Large Cap Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- 5-Year CAGR of 7.23% demonstrates steady long-term compounding.
- Expense ratio (2.59%) is higher than category median (2.29%), which creates fee drag over time.
- Experienced a maximum drawdown of -35.5% during severe market crashes.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.91% | +10.11% | +0.80% |
| 3 Months | +1.84% | +2.34% | -0.50% |
| 6 Months | +6.10% | +7.43% | -1.33% |
| 1 Year | -1.63% | +1.45% | -3.08% |
| 3 Years CAGR | +9.96% | +11.11% | -1.15% |
| 5 Years CAGR | +7.23% | +8.67% | -1.44% |
| 7 Years CAGR | +11.39% | +12.38% | -0.99% |
| Since Inception | +11.51% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Large Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -3.65% | +0.43% | -4.08% |
| 2025 | +9.44% | +7.29% | +2.15% |
| 2024 | +12.81% | +14.09% | -1.28% |
| 2023 | +21.88% | +23.37% | -1.49% |
| 2022 | +1.89% | +1.44% | +0.45% |
| 2021 | +29.69% | +25.31% | +4.38% |
| 2020 | +11.89% | +14.56% | -2.67% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -29.65% | +13.96% | +8.60% | +86.02% | 74.3% | 38.7% |
| 3-Year Rolling | +5.35% | +14.76% | +14.45% | +28.65% | 100.0% | 57.3% |
| 5-Year Rolling | +4.88% | +14.99% | +15.58% | +25.01% | 100.0% | 43.3% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-01-24 | 2020-03-23 | -35.5% | 2 months | 8 months |
| 2021-10-18 | 2022-06-17 | -17.6% | 8 months | 5 months |
| 2024-09-27 | 2025-02-28 | -15.7% | 5 months | 10 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related Securities of Large cap companies^* | 80%-100% Equity and Equity related Securities of other companies^: 0% - 20% Money Market Instruments / other liquid instruments@: 0% - 20% Units of mutual funds# (Including Gold & Silver ETFs): 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 entities in terms of full Market Capitalization. For the purpose of this definition, the list of stocks / REIT prepared by AMFI in this regard will be adopted. The list of stocks / REIT to determine Large Cap companies will be decided on a half yearly basis post release of the updated list of stocks by AMFI every six months which is based on the average full market capitalization data of the previous six months of the stocks / REIT as on the end of June and December of each year. In case of deviation, the portfolio of the Scheme would be rebalanced to bring it in line with the updated list within one month from the date of release of the updated list of stocks / REIT by AMFI. @other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. #The Scheme may invest in units of Overnight Funds, Liquid Funds and Money Market Mutual Funds subject to compliance with Clause 3 of Sixth Schedule of the Regulations read with Clause 13.14.1 of the SEBI Master Circular. please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com |
Investment Objective & Strategy
The investment objective of the Scheme is to provide long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in large cap companies. 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 719 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Large 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 Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| HDFC Large Cap Fund | 5.0 | +10.25% | 1.56% | 93.6% | Rs 40,757 cr | Compare → |
| UTI Large Cap Fund | 1.8 | +9.33% | - | 98.5% | Rs 12,484 cr | Compare → |
| ITI Large Cap Fund | 3.4 | +10.64% | 2.61% | 99.0% | Rs 380 cr | Compare → |
| LIC MF Large Cap Fund | 1.5 | +9.36% | 2.46% | 107.3% | Rs 1,414 cr | Compare → |
| JM Large Cap Fund | 2.9 | +10.80% | 2.69% | 95.9% | Rs 381 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Large Cap Fund
What is the expense ratio of Mahindra Manulife Large Cap Fund?
Mahindra Manulife Large Cap Fund has a total expense ratio (TER) of 2.59% with a base expense ratio of 2.04%, compared to the Large Cap category median of 2.29%.
Who manages Mahindra Manulife Large Cap Fund?
Mahindra Manulife Large Cap Fund is managed by Hemang Kapasi (tenure: 0.1 years since 2026-09-25).
What are the historical returns of Mahindra Manulife Large Cap Fund?
Mahindra Manulife Large Cap Fund delivered a 3-year CAGR of 9.96% and a 5-year CAGR of 7.23%. Its 1-year return stands at -1.63%.
How large is Mahindra Manulife Large Cap Fund?
Mahindra Manulife Large Cap Fund manages assets of Rs 719 cr, placing it in the 'small' size band relative to Large Cap peers.
How is Mahindra Manulife Large Cap Fund scored on MFIQ?
Mahindra Manulife Large Cap Fund holds an MFIQ Score of 3.0/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Large Cap Fund?
Mahindra Manulife Large Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.21% with a maximum historical drawdown of -35.47%.