MAHINDRA MANULIFE LARGE & MIDCAP FUND
Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks
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| Data as on 31st, January 2024 |
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| Investment Objective | The investment objective of the Scheme is to seek long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks. However, there can be no assurance that the investment objective of the Scheme will be achieved. |
| Fund Features | Rule based diversification for optimum performance in changing market cycles Aim to provide stability of large caps and growth of mid caps Active stock selection through internal process framework for better return potential |
| Fund Manager and Experience | Fund Manager: Mr. Manish Lodha Total Experience: 23 years Experience in managing this fund: 3 years and 1 month (Managing since December 21, 2020) Fund Manager: Mr. Abhinav Khandelwal Total Experience: 14years Experience in managing this fund: 2 Years (Managing since February 1, 2022) |
| Date of allotment | December 30, 2019 |
| Benchmark | NIFTY Large Midcap 250 TRI Index |
| Options | IDCW (IDCW Option will have IDCW Reinvestment (D) & IDCW Payout facility) and Growth (D) D-Default |
| Minimum Application Amount | Rs. 1,000 and in multiples of Re. 1/-
thereafter |
| Minimum Amount for Redemption / Switch-outs: | Rs. 1,000/- or 100 units or account balance, whichever is lower in respect of each Option. |
| SIP | Minimum Weekly & Monthly SIP Amount: Rs 500 and in
multiples of Re 1 thereafter Minimum Weekly & Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter Minimum Quarterly SIP installments: 4 |
| Monthly AAUM as on January 31, 2024(Rs. in Cr.): | 1,748.99 |
| Monthly AUM as on January 31, 2024(Rs. in Cr.): |
1,825.46 |
| Total Expense Ratio1 as on January 31, 2024: |
Regular Plan: 2.03% Direct Plan: 0.41% 1Includes additional expenses charged in terms of Regulation 52 (6A) (b) and 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax. |
| Load Structure: | Entry Load: N.A. Exit Load: An Exit Load of 1% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment; Nil if Units are redeemed / switched-out after 3 months from the date of allotment. |
| Portfolio Turnover Ratio (Last 1 year): | 1.32 |
| Standard Deviation: | 14.49% |
| Beta: | 0.97 |
| Sharpe Ratio#: | 1.28 |
| Jenson’s Alpha : | 0.1362 |
| #Risk-free rate assumed to be 6.85% (MIBOR as on
31-01-24)
Source: www.mmda.org
Note: As per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns for last 3 years. Data as on January 31, 2024 |
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| NAV/Unit | Regular Plan (In Rs.) |
Direct Plan (In Rs.) |
| IDCW | 20.3603 |
22.1323 |
| Growth | 24.0092 |
25.8739 |
| IDCW: Income Distribution cum Capital Withdrawal | ||
Issuer |
% of Net Assets |
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| Automobile and Auto Components | 3.24% |
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| Tata Motors Limited | 1.92% |
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| TVS Motor Company Limited | 0.74% |
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| LG Balakrishnan & Bros Limited | 0.58% |
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| Capital Goods | 10.15% |
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| Escorts Kubota Limited | 1.95% |
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| Kaynes Technology India Limited | 1.55% |
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| KEI Industries Limited | 1.49% |
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| Inox India Limited | 1.32% |
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| AIA Engineering Limited | 1.24% |
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| Titagarh Rail Systems Limited | 1.12% |
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| Bharat Heavy Electricals Limited | 1.00% |
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| Apar Industries Limited | 0.43% |
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| Jyoti CNC Automation Ltd | 0.05% |
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| Chemicals | 0.98% |
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| Gujarat State Fertilizers & Chemicals Limited | 0.98% |
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| Construction | 6.05% |
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Larsen & Toubro Limited | 3.28% |
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NBCC (India) Limited | 2.48% |
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| Power Mech Projects Limited | 0.29% |
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| Construction Materials | 3.87% |
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| Dalmia Bharat Limited | 1.46% |
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| ACC Limited | 1.39% |
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| Shree Cement Limited | 1.02% |
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| Consumer Durables | 3.57% |
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| Titan Company Limited | 1.62% |
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| Kajaria Ceramics Limited | 1.06% |
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| Metro Brands Limited | 0.89% |
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| Consumer Services | 2.80% |
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| EIH Limited | 1.53% |
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| Vedant Fashions Limited | 1.28% |
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| Fast Moving Consumer Goods | 2.50% |
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| United Spirits Limited | 1.88% |
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| Emami Limited | 0.62% |
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| Financial Services | 19.25% |
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Canara Bank | 3.09% |
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The Jammu & Kashmir Bank Limited | 2.50% |
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| LIC Housing Finance Limited | 2.06% |
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| HDFC Asset Management Company Limited | 1.47% |
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| IndusInd Bank Limited | 1.45% |
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| CRISIL Limited | 1.29% |
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| Union Bank of India | 1.26% |
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| RBL Bank Limited | 1.17% |
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| Shriram Finance Limited | 0.99% |
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| One 97 Communications Limited | 0.96% |
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| Punjab National Bank | 0.81% |
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| ICICI Bank Limited | 0.79% |
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| Max Financial Services Limited | 0.72% |
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| Jio Financial Services Limited | 0.69% |
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| Healthcare | 7.20% |
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| Cipla Limited | 1.92% |
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| Divi's Laboratories Limited | 1.87% |
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| IPCA Laboratories Limited | 1.23% |
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| Dr. Reddy's Laboratories Limited | 1.17% |
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| Piramal Pharma Limited | 1.00% |
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| Information Technology | 10.30% |
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Tech Mahindra Limited | 2.70% |
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| MphasiS Limited | 1.99% |
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| LTIMindtree Limited | 1.60% |
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| L&T Technology Services Limited | 1.46% |
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| Coforge Limited | 1.37% |
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| Wipro Limited | 1.18% |
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| Metals & Mining | 4.06% |
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| NMDC Limited | 2.05% |
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| Steel Authority of India Limited | 2.01% |
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| Oil Gas & Consumable Fuels | 11.87% |
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Coal India Limited | 4.09% |
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Hindustan Petroleum Corporation Limited | 3.60% |
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| Reliance Industries Limited | 2.04% |
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| Oil India Limited | 1.29% |
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| GAIL (India) Limited | 0.85% |
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| Power | 9.31% |
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Tata Power Company Limited | 2.67% |
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NTPC Limited | 2.49% |
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SJVN Limited | 2.17% |
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| Power Grid Corporation of India Limited | 1.99% |
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| Telecommunication | 1.94% |
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| Bharti Airtel Limited | 1.94% |
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| Textiles | 0.87% |
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| K.P.R. Mill Limited | 0.87% |
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| Equity and Equity Related Total | 97.98% |
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| Cash & Other Receivables | 2.02% |
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| Grand Total | 100.00% |
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| ( Top Ten Holdings - Issuer wise) as on January 31, 2024) |
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| Mahindra Manulife Large & Mid Cap Fund | CAGR Returns (%) |
Value of Investment of Rs. 10,000* |
NAV / Index Value (as on January 31, 2024) |
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| Managed by Mr. Abhinav Khandelwal & Mr. Manish Lodha |
1 Year |
3 Years |
Since Inception |
1 Year |
3 Years |
Since Inception |
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| Regular Plan - Growth Option | 44.26 |
27.26 |
23.88 |
14,426 |
20,639 |
24,009 |
24.0092 |
| Direct Plan - Growth Option | 46.66 |
29.63 |
26.16 |
14,666 |
21,814 |
25,874 |
25.8739 |
| Nifty Large Midcap 250 TRI^ | 40.43 |
25.35 |
23.25 |
14,043 |
19,722 |
23,514 |
17,490.17 |
| Nifty 50 TRI^^ | 24.35 |
18.15 |
16.34 |
12,435 |
16,510 |
18,570 |
31,939.59 |
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Dec-19.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth
Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure.
*Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Manish Lodha is managing this scheme since December 21, 2020. Mr. Abhinav Khandelwal is managing this scheme since February 1, 2022. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode
| Mahindra Manulife Large & Mid Cap Fund | Regular Plan |
Direct Plan |
NIFTY Large Midcap 250 TRI^ |
Nifty 50 TRI^^ |
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| SIP Investment Period | Total Amount Invested (  ) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
| 1 Year | 120,000 |
153,424 |
55.17 |
154,854 |
57.68 |
150,267 |
49.67 |
138,468 |
29.61 |
| 3 Years | 360,000 |
519,124 |
25.25 |
534,675 |
27.43 |
513,652 |
24.48 |
459,545 |
16.50 |
| 5 Years | NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
NA |
| Since Inception | 490,000 |
849,588 |
27.69 |
887,765 |
30.02 |
841,580 |
27.19 |
727,518 |
19.61 |
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Dec-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return). For SIP Performance please click here | Best Viewed in Landscape mode
As per the latest Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines)
Record Date |
Plan(s) / Option(s) |
IDCW |
Face Value |
Cum-IDCW NAV |
(Rs. per unit) |
(Rs. per unit) |
(Rs. per unit) |
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17-Sep-21 |
Regular IDCW |
0.50 |
10 |
16.1996 |
17-Sep-21 |
Direct IDCW |
0.50 |
10 |
16.7110 |
17-Mar-22 |
Regular IDCW |
1.00 |
10 |
15.6623 |
17-Mar-22 |
Direct IDCW |
1.00 |
10 |
16.3373 |
27-Feb-23 |
Regular IDCW |
1.00 |
10 |
15.2452 |
27-Feb-23 |
Direct IDCW |
1.00 |
10 |
16.2458 |
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCWs, visit www.mahindramanulife.com.
Product Suitability |
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| This Product is Suitable for investors who are seeking* | |
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Scheme Riskometers |
Benchmark Riskometers |
 Scheme Benchmark: Nifty LargeMidcap 250 Index TRI |
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* Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
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