Mahindra Manulife Large Cap Fund
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.
Growthvine rating: 2/5 — ranked #25 of 41 in category.
Fund basics
| Category | Equity: Large Cap |
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| NAV | ₹20.70 (as of 2026-10-01) |
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| AUM | ₹711 Cr |
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| Expense ratio | 2.04% |
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| Riskometer | Very High |
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| Fund manager | Kirti Dalvi |
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| Exit load | 1% for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 5.81% |
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| Sharpe ratio | 0.28 |
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| Standard deviation | 13.95% |
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| Max drawdown | −35.47% |
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| Alpha | -1.05 |
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| Beta | 0.96 |
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Over 5 years, captured 92.2% of NIFTY 100's upside and 98.3% of its downside.
Market cap allocation
| Large cap | 90.5% |
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| Mid cap | 8.3% |
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| Small cap | 1.1% |
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Concentration
| Top 5 holdings | 29.8% |
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| Top 10 holdings | 44.0% |
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| Total holdings | 48 |
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| Index overlap | 64.4% |
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| Active share | 35.6% |
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Top holdings
- ICICI Bank Ltd. — 9.5%
- HDFC Bank Ltd. — 7.5%
- Reliance Industries Ltd — 5.0%
- Triparty Repo — 4.5%
- Bharti Airtel Ltd. — 4.3%
- Larsen & Toubro Limited — 3.5%
- AXIS Bank Ltd. — 3.0%
- Eternal Limited — 3.0%
- Bajaj Finserv Limited — 2.8%
- Infosys Ltd — 2.8%
Top sectors
- Banking & Financial — 27.0%
- Automobile — 9.2%
- Retail — 7.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −13.5% | Q4 (Bottom) | #39 of 39 |
| 2025 | 9.4% | Q1 (Top) | #6 of 36 |
| 2024 | 12.8% | Q3 | #23 of 32 |
| 2023 | 21.9% | Q3 | #23 of 32 |
| 2022 | 1.9% | Q2 | #14 of 28 |