Should I invest in Mahindra Manulife Large Cap Fund?

We don't give personal investment advice. Mahindra Manulife Large Cap Fund - Direct Plan - IDCW is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 24.0%. 5-year CAGR: 3.41%.

Mahindra Manulife

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW

Latest NAV

₹17.7241

As of

17 Jul 2026

1,805 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+1.01%	+0.66%	+0.35	1 / 42	Q1
1W	+0.48%	+0.24%	+0.24	6 / 42	Q1
2W	+0.54%	+0.29%	+0.26	10 / 42	Q1
1M	+1.81%	+1.38%	+0.43	14 / 42	Q2
3M	+0.49%	+1.43%	-0.93	35 / 42	Q4
6M	-12.63%	-3.68%	-8.95	42 / 42	Q4
YTD	-13.73%	-5.26%	-8.47	41 / 41	Q4
1Y	-10.16%	-2.96%	-7.21	40 / 41	Q4
2Y	-7.03%	-2.28%	-4.76	35 / 41	Q4
3Y	+3.77%	+7.96%	-4.19	29 / 39	Q3
4Y	+5.85%	+10.18%	-4.32	29 / 37	Q4
5Y	+3.41%	+7.95%	-4.54	30 / 35	Q4
7Y	+8.52%	+10.04%	-1.53	22 / 31	Q3
10Y	—	—	—	—	—
Inception	+8.09%	+8.43%	-0.34	28 / 42	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-13.73%	-5.56%	-8.17	40 / 40
2025	+4.65%	+4.07%	+0.59	24 / 40
2024	+8.34%	+12.49%	-4.15	33 / 38
2023	+15.22%	+21.78%	-6.56	33 / 38
2022	-2.75%	+0.13%	-2.88	27 / 35
2021	+27.50%	+22.09%	+5.42	5 / 34
2020	+13.81%	+11.78%	+2.04	14 / 31
2019	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+11.79%

78 windows

min -19.1% · max 63.1%

67% positive

3-Year rolling

+11.22%

53 windows

min 3.8% · max 21.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+11.94%

29 windows

min 3.4% · max 18.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+7.93%

5 windows

min 7.5% · max 8.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.37%

3-year · annualised

Sharpe ratio

-0.10

vs risk-free 6.5%

Sortino ratio

-0.13

Downside-only deviation

Max drawdown

-24.02%

Sep 2024 → Mar 2026

% positive months

55.6%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Large Cap Fund

Scheme	Fund house	NAV	As of
HDFC Large Cap Fund - IDCW Option - Direct Plan	HDFC	₹62.7550	17 Jul 2026
NIPPON INDIA LARGE CAP FUND - DIRECT Plan - IDCW Option	Nippon India	₹40.4906	17 Jul 2026
SBI Large Cap Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹68.2645	17 Jul 2026
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - IDCW	ICICI Prudential	₹61.0000	17 Jul 2026
Invesco India Largecap Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹35.4100	17 Jul 2026
BANDHAN Large Cap Fund-Direct Plan-IDCW	Bandhan	₹28.6160	17 Jul 2026
quant Large Cap Fund - IDCW Option - Direct Plan	Quant	₹17.2020	17 Jul 2026
Aditya Birla Sun Life Large Cap Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹92.9700	17 Jul 2026
Motilal Oswal Large Cap Direct Plan IDCW	Motilal Oswal	₹12.7988	17 Jul 2026
Franklin India Large Cap Fund - Direct - IDCW	Franklin India	₹49.8706	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹17.7241
16 Jul 2026	₹17.5468
15 Jul 2026	₹17.5719
14 Jul 2026	₹17.5367
13 Jul 2026	₹17.6628
10 Jul 2026	₹17.6399
9 Jul 2026	₹17.4758
8 Jul 2026	₹17.3810
7 Jul 2026	₹17.7386
6 Jul 2026	₹17.7471

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mahindra Manulife Large Cap Fund - Direct Plan - IDCW is ₹17.7241. It's a Large Cap Fund from Mahindra Manulife, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW has NAV history starting from 19 Mar 2019, a track record of about 7 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW is managed by Mahindra Manulife. It's classified by AMFI under the 'Large Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW has delivered a absolute return of -10.16% — -7.21 pp behind the Large Cap Fund category average of -2.96%. The fund ranks #40 of 41 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW has delivered a CAGR of 3.77% — -4.19 pp behind the Large Cap Fund category average of 7.96%. The fund ranks #29 of 39 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW has delivered a CAGR of 3.41% — -4.54 pp behind the Large Cap Fund category average of 7.95%. The fund ranks #30 of 35 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mahindra Manulife Large Cap Fund - Direct Plan - IDCW exactly 5 years ago would be worth approximately ₹118,275 today — a multiplier of 1.18×, based on the 5-year CAGR of 3.41%. The category average over the same window would have grown ₹1 lakh to ₹146,588.

A ₹10,000 monthly SIP in Mahindra Manulife Large Cap Fund - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹624,451 today. That's an XIRR (money-weighted annualised return) of 1.57%.

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,019,102 — XIRR 5.44%.

On a 5-year basis, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW ranks #30 out of 35 funds in the Large Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 7.95%; this fund delivered 3.41%.

The worst peak-to-trough decline Mahindra Manulife Large Cap Fund - Direct Plan - IDCW has experienced over the last 5-year window is 24.02% — its NAV fell from a high on 27 Sep 2024 to a low on 31 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW averaged 11.94% (best 18.71%, worst 3.37%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.12 — negative risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Large Cap Fund - Direct Plan - IDCW returned 4.65% — beating the Large Cap Fund category average of 4.07% by 0.59 pp. It ranked #24 of 40 in its category that year.

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mahindra Manulife Large Cap Fund - Direct Plan - IDCW is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 24.0%. 5-year CAGR: 3.41%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Large Cap Fund - Direct Plan - IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Large Cap Fund

Recent NAVs

Frequently asked questions

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