Mahindra Manulife
Large & Mid Cap Fund


(Large & Mid Cap Fund - An open ended equity scheme
investing in both large cap and mid cap stocks)



One Pager as on December 31, 2024

 
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
 
  • A portfolio of market leaders and emerging leaders.

  • The portfolio will aim to provide alpha through tactical allocations under changing market cycles
  • Key Overweight sectors/Industries include Financial Services, FMCG and Consumer Services vs the Scheme’s Benchmark

  • Key Underweight sectors /Industries include Consumer Durables, Construction and Realty vs the Scheme’s Benchmark
Sector MMLMCF* NIFTY Large Midcap 250 TRI
Financial Services 28.09% 26.41%
Information Technology 10.98% 9.83%
Healthcare 10.18% 7.93%
Capital Goods 7.60% 8.29%
Fast Moving Consumer Goods 7.42% 6.00%

*Mahindra Manulife Large & Mid Cap Fund

Data as on December 31, 2024

Security % to Net Assets
HDFC Bank Limited 7.22%
Reliance Industries Limited 4.22%
Persistent Systems Limited 3.17%
Divi's Laboratories Limited 3.06%
ICICI Bank Limited 2.92%
Trent Limited 2.68%
BSE Limited 2.52%
InterGlobe Aviation Limited 2.32%
PI Industries Limited 2.20%
The Indian Hotels Company Limited 2.16%
Total 32.48%
Fresh Additions Complete Exits
Security Security
Arvind Limited ACC Limited
Coforge Limited Bandhan Bank Limited
Laurus Labs Limited Bata India Limited
Oracle Financial Services Software Limited GAIL (India) Limited
Senores Pharmaceuticals Limited NTPC Limited
Vishal Mega Mart Limited Samvardhana Motherson International Limited
Zomato Limited Tata Consultancy Services Limited


Note: The companies/stock(s) referred above are only for the purpose of disclosure of significant portfolio changes during the month and should not be construed as recommendation to buy/sell/ hold. The fund manager may or may not choose to hold these companies/stocks, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). Data as on December 31, 2024

Turnover Ratio (Last 1 year) 1.44
Standard Deviation 13.49%
Beta 0.90
Sharpe Ratio# 0.66
Jenson's Alpha -0.0665


#Risk-free rate assumed to be 7.15% (MIBOR as on 31-12-24) - 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 December 31, 2024

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 Manager:

Mr. Manish Lodha
Total Experience : 23 years
Experience in managing this fund: 4 years (Managing since December 21, 2020)

Date of allotment: December 30, 2019

Benchmark: NIFTY Large Midcap 250 TRI

Option: 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 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 December 31, 2024 (Rs. in Cr.): 2,582.36

Quarterly AAUM as on December 31, 2024 (Rs. in Cr.): 2,549.46

Monthly AUM as on December 31, 2024 (Rs. In Cr.): 2,563.83

Entry Load: Not applicable

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.

^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 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.

^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).

^Benchmark CAGR – Compounded Annual Growth Rate. $Dedicated Fund Manager for Overseas Investments.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments.The performance details provided above are of Growth Option under Regular Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. Mr. Manish Lodha is managing 11 schemes. The performance data for the schemes which have not completed one year has not been provided.
Performance as on December 31, 2024
#Note: Pursuant to notice cum addendum no. 45/2024, Fund Manager of the scheme has been changed with effect from January 01, 2025.
*Note: Pursuant to notice cum addendum no. 43/2024, Fund Manager of the scheme has been changed with effect from December 23, 2024.
Note- Pursuant to notice cum addendum no. 38/2024, Fund Manager of th e scheme has been changed with effect from December 03, 2024.

Scheme Name
Mahindra Manulife Large & Mid Cap Fund

This product is suitable for investors who are seeking*:
• Long term wealth creation and income;
• Investment predominantly in equity and equity related securities of large and mid cap companies.

Scheme Riskometer

Scheme Benchmark
As per AMFI Tier I Benchmark i.e. Nifty Large Midcap 250 TRI

Benchmark Riskometer

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Readers of this material should rely on information / data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Neither Mahindra Manulife Investment Management Private Limited nor Mahindra Manulife Trustee Private Limited, its directors or associates shall be liable for any damages that may arise from the use of the information contained herein.

Get in Touch: Unit No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park, LBS Road, Kamani Junction, Kurla (W), Mumbai – 400 070.
Phone: +91-22-66327900, Fax: +91-22-66327932
Toll Free No.: 1800 419 6244
Website: www.mahindramanulife.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CNo.01286