MF Gyan
mid capHigh risk7 years oldAccelerating recently (last 6m ≈ 20% p.a.)

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From Mahindra Manulife Mutual Fund. It's been running since 1 Jan 2020.

Latest price per unit
₹31.6781
▼ 0.15% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹8.8k gain · 8.8% / year
Invested 3 years ago
₹1.45 L
▲ ₹45.2k gain · 13.2% / year
Invested 5 years ago
₹1.90 L
▲ ₹89.7k gain · 13.7% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.03 L
Gain / loss+₹23.0k
XIRR (annualised)8.37%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.05 L
Projected gain*+₹25.2k
*at this fund's historical rate of 8.37% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 23 other funds in Equity Schemes - Large & Mid Cap Fund

Same plan
1-year return
8.79%median 6.16% (+2.64%)
Rank #3 of 24Beats 91% of peers
3-year return
13.23%median 13.68% (-0.45%)
Rank #10 of 24Beats 40% of peers
5-year return
13.67%median 11.68% (+1.99%)
Rank #7 of 24Beats 60% of peers
Bumpiness (3Y)
16.34%median 15.20% (+1.14%)
Rank #18 of 24Less risky than 23% of peers
Worst-ever drop
-32.90%median -35.31% (+2.41%)
Rank #13 of 24Less risky than 48% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+19%
2020
+47%
2021
+2%
2022
+34%
2023
+18%
2024
+3%
2025
+4%
2026
Best year
2021 · 47.16%
Worst year
2022 · 2.48%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.3%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-32.90%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year8.79%
CAGR — 3 years13.23%
CAGR — 5 years13.67%
CAGR — since launch18.83%
Volatility — 1 year (annualised)14.06%
Volatility — 3 years (annualised)16.34%
Max drawdown — 1 year-13.76%
Max drawdown — 3 years-20.01%
Sharpe ratio — 1 year (rf=6%)0.19
Sharpe ratio — 3 years (rf=6%)0.41

Fund info

Fund house
Mahindra Manulife Mutual Fund
Category
Equity Schemes - Large & Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF174V01945
ISIN (Div re-invest)
—
Fund code
147840
First price on record
1 Jan 2020 · 1,649 daily prices

About Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth is a Equity Schemes - Large & Mid Cap Fund offered by Mahindra Manulife Mutual Fund under the Direct plan with the Growth option. It has approximately 7 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth is ₹31.6781 (as of 4 Sep 2026). Historically, it has delivered 8.79% over the last year, 13.23% CAGR over 3 years, 13.67% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.3% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 32.9%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth?+

The latest NAV of Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth is ₹31.6781 as of 4 Sep 2026, down 0.15% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth?+

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth has delivered 1-year return 8.79%, 3-year CAGR 13.23%, 5-year CAGR 13.67%, since-inception CAGR 18.83%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth belong to?+

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth is categorised as Equity Schemes - Large & Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 16.3%, Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth a direct plan?+

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth?+

Mahindra Manulife Large & Mid Cap Fund - Direct Plan - Growth has NAV history available from 1 Jan 2020 — approximately 7 years of track record and 1,649 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.