About Mahindra Manulife Large Cap Fund
Mahindra Manulife Large Cap Fund is a large cap fund managed by Mahindra Manulife Mutual Fund. Invest at least 80% in the 100 largest listed companies by market value. Usually the least volatile equity category, suited to investors wanting steadier equity exposure.
The investment objective of the Scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be achieved.
The scheme's stated objective, as published by Mahindra Manulife Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹26.3395 | 146549 |
| Direct | IDCW | ₹18.3505 | 146550 |
| Regular | Growth | ₹22.9851 | 146551 |
| Regular | IDCW | ₹15.3322 | 146548 |
Frequently asked questions
What is the NAV of Mahindra Manulife Large Cap Fund today?
The NAV of Mahindra Manulife Large Cap Fund (Direct plan, Growth) is ₹26.3395 and the Regular plan NAV is ₹22.9851, as of 13 Nov 2026.
What returns has Mahindra Manulife Large Cap Fund given?
Over the last year the Direct plan returned -1.02%, and 11.59% a year over 3 years and 8.78% a year over 5 years. That places it 22 of 30 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Mahindra Manulife Large Cap Fund?
The Direct plan charges 1.08% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mahindra Manulife Large Cap Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.
How much has Mahindra Manulife Large Cap Fund fallen in the past?
Its deepest fall was 35.3% from 24 Jan 2020 to 23 Mar 2020. Of every one-year stretch in its history, 80% ended in a gain.
Which category does Mahindra Manulife Large Cap Fund belong to?
It is a Large Cap Fund from Mahindra Manulife Mutual Fund. Invest at least 80% in the 100 largest listed companies by market value. Usually the least volatile equity category, suited to investors wanting steadier equity exposure.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mahindra Manulife Large Cap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.