April 25, 2023
mayank
Mahindra Manulife Large & Mid Cap Fund
NAV Growth: Rs 17.5448
NAV IDCW: Rs 15.0076
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks.
Fund Manager:
1) Abhinav Khandelwal
Education: Mr. Khandelwal is Chartered Accountant
Experience: Prior to joining Canara Robeco Mutual Fund he has worked with Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
2) Manish Lodha
Education: Mr. Lodha is a Chartered Accountant and Company Secretary
Experience: Prior to joining MMIMPL, 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 Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 30-Dec-19 |
| Return Since Launch | 18.46% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,077 Cr |
| (As on 31-Mar-2023) | |
| Expense | 0.51% |
| (As on 31-Mar-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
| Turnover | 119.00% |
Mahindra Manulife Large & Mid Cap Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Mnulife Large & Mid Cap Dir | -4.18 | 0.48 | 3.32 | -2.86 | -2.48 | -2.37 | 29.30 | — | — | — |
| S&P BSE Large Mid Cap TRI | -3.36 | 0.60 | 4.56 | -3.17 | -1.49 | 1.96 | 26.32 | — | — | — |
| Equity: Large & MidCap | -1.69 | 0.44 | 4.31 | -0.88 | 0.20 | 3.47 | 28.15 | — | — | — |
| Rank within category | 27 | 13 | 27 | 27 | 25 | 25 | 9 | — | — | — |
| Number of funds in category | 28 | 28 | 28 | 28 | 28 | 28 | 25 | 19 | 18 | 16 |
Mahindra Manulife Large & Mid Cap Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mahindra Mnulife Large & Mid Cap Dir | 4 star | -2.37 | 29.30 | — | 0.51 | 1,077 | 18.46 | 1.00 (365) | 3yrs 3mo | 119.00 |
| Mirae Asset Emrgng Bluechip Dir | 5 star | 0.63 | 28.64 | 14.71 | 0.51 | 23,447 | 21.43 | 1.00 (365) | 10yrs 3mo | 52.00 |
| Kotak Eqt Opp Dir | 4 star | 6.66 | 28.31 | 13.57 | 0.54 | 11,608 | 15.78 | 1.00 (365) | 10yrs 3mo | 14.92 |
| SBI Large & Midcap Dir | 5 star | 6.88 | 31.94 | 13.44 | 0.99 | 9,827 | 16.19 | 0.10 (30) | 10yrs 3mo | 25.00 |
| ICICI Pru Large & Mid Cap Dir | 4 star | 7.99 | 33.25 | 13.30 | 1.07 | 7,247 | 14.61 | 1.00 (30) | 10yrs 3mo | 55.00 |
Portfolio Analysis
| No. of Stocks | 54 |
| Top 10 Stocks | 35.38% |
| Top 5 Stocks | 22.87% |
| Top 3 Sectors | 42.78% |
| Portfolio P/B Ratio | 2.62 |
| Portfolio P/E Ratio | 19.51 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 82,078 | 96,204 |
| Giant (%) | 36.86 | 40.97 |
| Large (%) | 15.08 | 17.69 |
| Mid (%) | 41.26 | 39.19 |
| Small (%) | 6.80 | 4.70 |
| Tiny (%) | — | 0.00 |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Large & Mid Cap Fund
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.mahindramanulife.com/
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