Mahindra Manulife Large & Mid Cap Fund Direct Growth

Mahindra Manulife Large & Mid Cap Fund Direct Growth

Equity
Large & MidCap
Moderately High Risk
+18.93%
3Y annualised
+0.21% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Feb '26
₹30.03
Min. for SIP
₹500
Fund size
₹2,738.71 Cr
Expense ratio
0.56%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹56,778
-5.37%
3 years₹1,80,000₹2,20,341
+22.41%
5 years₹3,00,000₹4,79,812
+59.94%

Holdings (67)

NameSectorInstrumentsAssets
Indus Towers Ltd.CommunicationEquity4.51%
ICICI Bank Ltd.FinancialEquity3.51%
Glenmark Pharmaceuticals Ltd.HealthcareEquity3.30%
Ultratech Cement Ltd.ConstructionEquity3.30%
HDFC Bank Ltd.FinancialEquity3.05%
State Bank of IndiaFinancialEquity3.02%
Divi's Laboratories Ltd.HealthcareEquity2.76%
Infosys Ltd.TechnologyEquity2.72%
Reliance Industries Ltd.EnergyEquity2.62%
Indusind Bank Ltd.FinancialEquity2.55%
Tech Mahindra Ltd.TechnologyEquity2.48%
Bajaj Finserv Ltd.FinancialEquity2.39%
The Federal Bank Ltd.FinancialEquity2.36%
JSW Steel Ltd.Metals & MiningEquity2.33%
Axis Bank Ltd.FinancialEquity2.20%
IDFC First Bank Ltd.FinancialEquity2.17%
Persistent Systems Ltd.TechnologyEquity2.04%
Mphasis Ltd.TechnologyEquity1.69%
Bajaj Auto Ltd.AutomobileEquity1.58%
Bosch Ltd.AutomobileEquity1.55%
Senores Pharmaceuticals Ltd.HealthcareEquity1.55%
LTIMindtree Ltd.TechnologyEquity1.52%
Indian BankFinancialEquity1.50%
Bharat Heavy Electricals Ltd.Capital GoodsEquity1.44%
JSW Energy Ltd.Capital GoodsEquity1.43%
Laurus Labs Ltd.HealthcareEquity1.41%
Aurobindo Pharma Ltd.HealthcareEquity1.32%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity1.30%
Bharat Electronics Ltd.Capital GoodsEquity1.27%
Shriram Finance LtdFinancialEquity1.24%
Neuland Laboratories Ltd.HealthcareEquity1.19%
Maruti Suzuki India Ltd.AutomobileEquity1.17%
HDFC Asset Management Company Ltd.FinancialEquity1.14%
Mahindra & Mahindra Ltd.AutomobileEquity1.13%
Torrent Power Ltd.EnergyEquity1.13%
IIFL Finance Ltd.FinancialEquity1.11%
Crisil Ltd.ServicesEquity1.09%
Kajaria Ceramics Ltd.ConstructionEquity1.06%
Angel One Ltd.FinancialEquity1.05%
Dalmia Bharat Ltd.ConstructionEquity1.05%
DLF Ltd.ConstructionEquity1.02%
SRF Ltd.ChemicalsEquity1.01%
Amara Raja Energy & Mobility LtdCapital GoodsEquity1.00%
Apollo Hospitals Enterprise Ltd.HealthcareEquity0.99%
Ipca Laboratories Ltd.HealthcareEquity0.96%
Polycab India Ltd.Capital GoodsEquity0.96%
PTC Industries Ltd.Metals & MiningEquity0.94%
Bharti Hexacom Ltd.CommunicationEquity0.93%
Interglobe Aviation Ltd.ServicesEquity0.91%
Wipro Ltd.TechnologyEquity0.89%
Larsen & Toubro Ltd.ConstructionEquity0.86%
Blue Star Ltd.Consumer DiscretionaryEquity0.83%
Mankind Pharma Ltd.HealthcareEquity0.83%
Solar Industries India Ltd.ChemicalsEquity0.79%
Coal India Ltd.EnergyEquity0.78%
Vishal Mega Mart Ltd.ServicesEquity0.77%
Cholamandalam Financial Holdings Ltd.FinancialEquity0.72%
Aarti Industries Ltd.ChemicalsEquity0.72%
Tube Investments Of India Ltd.AutomobileEquity0.68%
ITC Hotels Ltd.ServicesEquity0.60%
Aditya Birla Sun Life AMC Ltd.FinancialEquity0.60%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.59%
Swiggy Ltd.ServicesEquity0.58%
Kaynes Technology India Ltd.Capital GoodsEquity0.53%
Sri Lotus Developers and Realty Ltd.ConstructionEquity0.44%
Technocraft Industries (India) Ltd.Metals & MiningEquity0.35%
ICICI Prudential Asset Management Company Ltd.FinancialEquity0.02%
See All

Minimum investments

Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name1Y3Y5YAll
Fund returns+13.8%+18.9%+17.7%+19.6%
Category average (Equity Large & MidCap)+0.9%+17.5%+18.0%--
Rank (Equity Large & MidCap)231913--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 3 months.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

ND
Neelesh Dhamnaskar
Feb 2026 - Present
View details

Education
Mr. Dhamnaskar is a B.Com (H)and MMS (Finance).
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Invesco MF, ENAM Securities Direct Pvt. Ltd. and KR Choksey Shares and Securities Pvt. Ltd. He has also worked with Anand Rathi Ltd., as Commodity Research Analyst.

KD
Kirti Dalvi
Dec 2025 - Present
View details

About Mahindra Manulife Large & Mid Cap Fund Direct Growth

Mahindra Manulife Large & Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Neelesh Dhamnaskar is the Current Fund Manager of Mahindra Manulife Large & Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 20 Feb 2026 is ₹30.03. The Mahindra Manulife Large & Mid Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, if redeemed within 3 months. ;

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.
Fund benchmarkNIFTY Large Midcap 250 Total Return Index

Fund house

Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Phone022-66327900
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,