Question 1

Which funds are similar to Mahindra Manulife Large & Mid Cap Fund Direct-Growth?

Accepted Answer

Funds similar to Mahindra Manulife Large & Mid Cap Fund Direct-Growth in the Equity: Large & MidCap category include Mirae Asset Large & Midcap Fund Direct-Growth, SBI Large & Midcap Fund Direct Plan-Growth, and Kotak Large & Midcap Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Mahindra Manulife Large & Mid Cap Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Mahindra Manulife Large & Mid Cap Fund Direct-Growth is ranked 20 out of 25 funds in the Equity: Large & MidCap category as of 16 Jul 2026. On a 5-year return basis it ranks 12 out of 24. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does Mahindra Manulife Large & Mid Cap Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Mahindra Manulife Large & Mid Cap Fund Direct-Growth has an expense ratio of 0.85%. The peers Mirae Asset Large & Midcap Fund Direct-Growth has an expense ratio of 0.84% and SBI Large & Midcap Fund Direct Plan-Growth has 0.82%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Mahindra Manulife Large & Mid Cap Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Mahindra Manulife Large & Mid Cap Fund Direct-Growth has an AUM of ₹2,763.07 crore. The peers Mirae Asset Large & Midcap Fund Direct-Growth has an AUM of ₹44,048 crore and SBI Large & Midcap Fund Direct Plan-Growth has ₹40,849.9 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Equity: Large & MidCap?

Accepted Answer

The top performing fund in the Equity: Large & MidCap category on a 3-year basis is Invesco India Large & Mid Cap Fund Direct-Growth with a CAGR of 24.63% as of 16 Jul 2026. Mahindra Manulife Large & Mid Cap Fund Direct-Growth has delivered 14.07% CAGR over the same period, ranking 20 out of 25 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does Mahindra Manulife Large & Mid Cap Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Mahindra Manulife Large & Mid Cap Fund Direct-Growth has a Sharpe ratio of 0.58 compared to the Equity: Large & MidCap average of 0.67 as of 16 Jul 2026. It ranks 22 out of 27 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+0.81%	2.84%	31 / 37
3Y Return	+14.07%	16.13%	20 / 25
5Y Return	+14.67%	14.84%	12 / 24
10Y Return	—	15.22%	—

Mahindra Manulife Large & Mid Cap Fund Direct-Growth

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