Primarily market-linked growth exposure
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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Equity and Equity related Securities^ of which: 80% - 100%, a) Large Cap Companies*: 35%-65%, b) Mid Cap Companies#: 35% - 65%, c) Other than Large Cap and Mid Cap Companies: 0%& - 30%, Debt and Money Market Securities^ (including TREPS (Tri-Party Repo), Reverse Repo): 0% - 20%, Units issued by REITs & InvITs: 0% - 10%, ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. #Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. For the purpose of this definition(s), the list of stocks prepared by AMFI in this regard will be adopted. Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com
- SEBI category
- Other Equity Schemes
- Fund type
- Large & Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks
- Primary benchmark
- NIFTY Large Midcap 250 TRI
- Secondary benchmark
- Nifty 50 TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM-1 Ms. Kirti Dalvi
- Manager tenure on this scheme
- Since FM-1 Managing since December 02, 2025
- Role / co-management
- FM- 1 Primary
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth | ₹31.6781 | 04 Sep 2026 |
| Mahindra Manulife Large & Mid Cap Fund - Direct Plan - IDCW | ₹22.9457 | 04 Sep 2026 |
| Mahindra Manulife Large & Mid Cap Fund - Regular Plan - Growth | ₹28.2864 | 04 Sep 2026 |
| Mahindra Manulife Large & Mid Cap Fund - Regular Plan - IDCW | ₹19.9135 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 1.94%, Direct 0.42%
- 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.
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Weekly / Monthly / Quarterly, SWP - Monthly / Quarterly / Half-Yearly / Annual, STP - Daily / Weekly / Monthly / Quarterly
- Minimum SIP amount
- SIP - Weekly & Monthly: 500; Quarterly: 1500, SWP - Monthly: 500, Quarterly: 500, STP - Daily, Weekly & Monthly: 500, Quarterly: 1500
- Minimum instalments
- SIP - Weekly & Monthly - 6, Quarterly - 4, SWP - Monthly, Quarterly, Half-Yearly & Annual - 2, STP - Daily, Weekly & Monthly - 6, Quarterly - 4
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.