Mahindra Manulife Large Cap Fund Direct - Growth
(Scheme Rating)
NAV as of Aug 30, 2024
26.330.36%
- Growth - Direct
(Earn upto 1.68% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.67%(0.46% Category
average)Fund Size:
Rs. 556.58 Cr(0.12% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Mahindra Manulife Large Cap Fund Direct - Growth
(Scheme Rating)
NAV as of Aug 30, 2024
26.330.36%
Expense Ratio:
0.67%
Fund Size:
Rs. 556.58 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Mahindra Manulife Large Cap Fund - Direct Plan as of Aug 30, 2024 is Rs 26.33 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 39.87% (1yr), 18.91% (3yr), 21.61% (5yr) and 19.27% (since launch). Whereas, Category returns for the same time duration are: 42.68% (1yr), 17.97% (3yr) and 19.92% (5yr).
3. Fund Size: The Mahindra Manulife Large Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 556.58 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.68% for Direct plan as on Aug 05, 2024.
5. Exit Load: Mahindra Manulife Large Cap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Mahindra Manulife Large Cap Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.17 14.17 20.63 40.52 18.19 21.70 Category Avg 1.12 12.34 18.62 43.55 17.22 20.06 Rank within Category 55 20 28 45 24 19 No. of funds within Category 167 163 162 151 110 92 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 100 Total Return Index
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Mahindra Manulife Large Cap Fund Direct - Growth Fund Details
Investment Objective - The Scheme seeks 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.
Fund House | Mahindra Manulife Mutual Fund |
Launch Date | Mar 15, 2019 |
Benchmark | NIFTY 100 Total Return Index |
Return Since Launch | 19.37% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Below Average |
Return Grade | Average |
Mahindra Manulife Large Cap Fund Direct - Growth Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit load of 1% if redeemed within 3 months. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 35 | 37 | 40 | 45 | 44 | 45 |
Top 5 Company Holdings | 33.44% | 34.68% | 32.72% | 31.27% | 33.52% | 33.71% |
Top 10 Company Holdings | 52.84% | 53.48% | 52.37% | 49.3% | 50.51% | 49.58% |
Company with Highest Exposure | HDFC Bank (9.03%) | HDFC Bank (9.53%) | HDFC Bank (9.4%) | HDFC Bank (8.47%) | ICICI Bank (8.88%) | ICICI Bank (9.0%) |
Number of Sectors | 13 | 14 | 14 | 14 | 15 | 14 |
Top 3 Sector Holdings | 53.85% | 54.88% | 54.83% | 56.5% | 57.28% | 57.78% |
Top 5 Sector Holdings | 72.38% | 71.27% | 71.65% | 71.95% | 71.1% | 71.23% |
Sector with Highest Exposure | Financial (26.99%) | Financial (28.66%) | Financial (32.04%) | Financial (31.14%) | Financial (30.7%) | Financial (29.22%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 9.03 18.27 89.60 3.03 ICICI Bank Financial 6.89 18.65 65.91 26.26 Reliance Industries Energy 6.72 29.72 101.60 25.68 Infosys Technology 6.09 30.28 64.20 36.38 Larsen & Toubro Construction 4.71 38.15 97.11 35.47 ITC Consumer Staples 4.31 30.65 16.38 14.77 Indus Towers Communication 4.19 18.68 24.54 155.24 Tata Consultancy Technology 4.02 35.15 129.55 33.64 State Bank of India Financial 3.7 10.55 77.28 41.69 ONGC Energy 3.18 9.43 35.08 87.59
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mahindra Manulife Large Cap Fund Direct - Growth 26.33 556.58 1.17 40.52 18.19 21.70 Baroda BNP Paribas Large Cap Fund Direct-Growth 263.56 2,284.71 1.18 47.15 20.15 22.36 Quant Focused Fund Direct-Growth 103.33 1,115.99 0.19 49.55 24.15 28.05 ICICI Prudential Bluechip Fund Direct-Growth 120.13 62,717.11 1.33 43.47 21.11 22.90 JM Large Cap Fund Direct Plan-Growth 188.76 331.31 -0.11 49.80 21.88 21.82
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.44VS13.51Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.93VS0.98Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.09VS1.01Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
14.65VS13.99Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.29VS0.71Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
19.15VS19.27Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- F.P.Fatema PachaSince Dec 20208 schemes
Ms. Pacha has done PGDBM (Finance) and BE (Computers) Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mahindra Manulife Focused Fund Direct - Growth Flexi Cap 30.04 1,690.84 56.48 Mahindra Manulife Aggressive Hybrid Fund Direct - Growth Aggressive Hybrid 29.54 1,363.60 39.60 Mahindra Manulife Consumption Fund Direct - Growth Thematic-Consumption 26.77 280.75 47.53 Mahindra Manulife ELSS Tax Saver Fund Direct -Growth ELSS 33.62 969.11 35.02 Mahindra Manulife Arbitrage Fund Direct - Growth Arbitrage 12.20 90.27 7.01 Mahindra Manulife Balanced Advantage Fund Direct - Growth Dynamic Asset Allocation 15.04 Unrated 858.67 29.45 Mahindra Manulife Flexi Cap Fund Direct - Growth Flexi Cap 17.56 Unrated 1,472.39 38.69 Mahindra Manulife Multi Cap Fund Direct - Growth Multi Cap 41.86 Unrated 4,416.50 48.10
More Mahindra Manulife Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Mahindra Manulife Small Cap Fund Direct - Growth | 4,131.27 | 5.31 | 22.76 | 25.19 | 68.13 | - | |
Mahindra Manulife Multi Cap Fund Direct - Growth | 3,670.19 | 7.02 | 16.24 | 22.19 | 52.04 | 26.50 | |
Mahindra Manulife Mid Cap Fund Direct - Growth | 2,580.04 | 6.91 | 22.77 | 28.37 | 63.60 | 30.51 | |
Mahindra Manulife Large & Mid Cap Fund Direct - Growth | 2,212.13 | 4.54 | 12.71 | 18.95 | 46.85 | 25.04 | |
Mahindra Manulife Focused Fund Direct - Growth | 1,408.79 | 3.62 | 12.35 | 23.09 | 53.06 | 26.76 | |
Mahindra Manulife Flexi Cap Fund Direct - Growth | 1,302.93 | 5.51 | 12.46 | 16.19 | 37.40 | - | |
Mahindra Manulife Liquid Fund Direct -Growth | 1,250.77 | 0.62 | 1.88 | 3.77 | 7.42 | 5.84 | |
Mahindra Manulife Aggressive Hybrid Fund Direct - Growth | 1,168.14 | 5.58 | 12.19 | 17.97 | 36.21 | 20.33 | |
Mahindra Manulife Business Cycle Fund Direct - Growth | 877.71 | 5.77 | 18.58 | 28.91 | - | - | |
Mahindra Manulife ELSS Tax Saver Fund Direct -Growth | 866.79 | 5.11 | 12.33 | 15.57 | 33.66 | 20.46 |
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1. Mahindra Manulife Large Cap Fund - Direct Plan is Open-ended Large Cap Equity scheme which belongs to Mahindra Manulife Mutual Fund House.
2. The fund was launched on Mar 15, 2019.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks 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. "
2. It is benchmarked against NIFTY 100 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.01% in equities, 0.0% in debts and 0.99% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 52.84% of the assets, the top 3 sectors constitute around 53.85% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mahindra Manulife Large Cap Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Mahindra Manulife Large Cap Fund Direct - Growth
- Is it safe to invest in Mahindra Manulife Large Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mahindra Manulife Large Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Mahindra Manulife Large Cap Fund - Direct Plan?Mahindra Manulife Large Cap Fund - Direct Plan belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Mahindra Manulife Large Cap Fund - Direct Plan?The suggested investment horizon of investing into Mahindra Manulife Large Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mahindra Manulife Large Cap Fund - Direct Plan?The Mahindra Manulife Large Cap Fund - Direct Plan is managed by Fatema Pacha (Since Dec 21, 2020).
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