What stocks does Mahindra Manulife Aggressive Hybrid Fund hold?

Mahindra Manulife Aggressive Hybrid Fund holds a portfolio of Indian equity stocks disclosed monthly by Mahindra Manulife Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Mahindra Manulife Aggressive Hybrid Fund?

Mahindra Manulife Aggressive Hybrid Fund is managed by Mahindra Manulife Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Mahindra Manulife Aggressive Hybrid Fund?

Mahindra Manulife Aggressive Hybrid Fund is classified as a Aggressive Hybrid mutual fund under SEBI's mutual fund categorisation framework.

How often is Mahindra Manulife Aggressive Hybrid Fund portfolio data updated?

Portfolio holdings for Mahindra Manulife Aggressive Hybrid Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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Mahindra Manulife Aggressive Hybrid Fund - Direct Plan -Growth

Aggressive Hybrid Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹1,770.24 Cr

Equity only, excl. debt & cash

Top 5 Weight

19.4%

Diversified

Top 10 Weight

29.3%

Diversified

Changes

6 new · 3 exits

Top Sector

Banks

17.1% of portfolio

📋 What Happened This Month Mahindra Manulife Aggressive Hybrid Fund made 6 new additions and exited 3 stocks this month. The biggest new buy was HDFC Life Insurance Company Limited (Insurance) at 1.03% weight. NTPC Limited was the biggest exit (Power), which was held at 1.43%. Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 2.81% of the portfolio. Tata Steel Limited was trimmed the most, now at 0.72%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 17.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mahindra Manulife Aggressive Hybrid Fund - Direct Plan -Growth

+1.43%

+6.00%

-3.41%

-0.41%

Latest NAV

₹30.19

24 Jun 2026

52W High

₹31.58

-4% from High

52W Low

₹26.52

+14% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+9.9%

2024

+21.7%

2023

+25.5%

2022

+6.3%

2021

+33.1%

2020

+19.4%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

21.5%

+ve in 99% windows

67.4% / -2.4%

3Y Rolling Avg

20.4% p.a.

+ve in 100% windows

29.6% / 13.8%

5Y Rolling Avg

21.1% p.a.

+ve in 100% windows

27.8% / 14.1%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-12.3%

Rec: Jun 2025 (6 mo)

COVID-19 Crash

-25.4%

Rec: Aug 2020 (8 mo)

2022 Rate Hike

-13.4%

Rec: Sep 2022 (4 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.90

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.27

Penalises downside volatility only.

Std Deviation (3Y)

10.5%

Lower = more consistent returns.

NAV Chart ₹30.19 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Mahindra Manulife Aggressive Hybrid Fund - Direct Plan -Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹30.19

Sector Shift Industry allocation month-over-month

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	18.6%	17.3%	▼ -1.3%
IT - Software	6.6%	6.1%	▼ -0.6%
Retailing	5.4%	6.0%	▲ +0.6%
Pharmaceuticals & Biotechnology	4.2%	4.4%	▲ +0.2%
Finance	4.1%	4.4%	▲ +0.3%
Telecom - Services	3.4%	4.0%	▲ +0.6%
Consumer Durables	3.5%	3.6%	▲ +0.1%
Petroleum Products	4.3%	3.2%	▼ -1.1%
Power	2.6%	3.1%	▲ +0.5%
Automobiles	3.5%	2.9%	▼ -0.6%

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	17.3%	17.1%	▼ -0.1%
IT - Software	6.1%	6.4%	▲ +0.3%
Retailing	6.0%	5.8%	▼ -0.2%
Pharmaceuticals & Biotechnology	4.4%	4.8%	▲ +0.4%
Finance	4.4%	4.6%	▲ +0.2%
Telecom - Services	4.0%	3.9%	● -0.1%
Consumer Durables	3.6%	3.2%	▼ -0.5%
Petroleum Products	3.2%	2.9%	▼ -0.3%
Automobiles	2.9%	2.5%	▼ -0.5%
Chemicals & Petrochemicals	2.1%	2.4%	▲ +0.3%

🟢

Biggest New Buy

HDFC Life Insurance Company Limited

1.03% weight · Insurance

🔴

Biggest Exit

NTPC Limited

1.43% was held · Power

↑

Biggest Add

Kotak Mahindra Bank Limited

+0.98% · now 2.81%

↓

Biggest Trim

Tata Steel Limited

-0.93% · now 0.72%

🤝 Other funds also bought this month

HDFC Life Insurance Company Limited 23 funds

Persistent Systems Limited 23 funds

Mankind Pharma Limited 15 funds

Kirloskar Oil Engines Limited 14 funds

Dabur India Limited 13 funds

Titagarh Rail Systems Limited 10 funds

👋 Other funds also exited

State Bank of India 29 funds

NTPC Limited 15 funds

UltraTech Cement Limited 15 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 6 New Entries 🔴 3 Exits ↑ 26 Increased ↓ 33 Decreased

#	Stock	Sector	Weight (May 2026)
1	HDFC Life Insurance Company Limited ₹23.79 Cr	Insurance	1.03%
2	Persistent Systems Limited ₹15.06 Cr	IT - Software	0.65%
3	Dabur India Limited ₹13.30 Cr	Personal Products	0.58%
4	Mankind Pharma Limited ₹11.88 Cr	Pharmaceuticals & Biotechnology	0.51%
5	Titagarh Rail Systems Limited ₹8.26 Cr	Industrial Manufacturing	0.36%
6	Kirloskar Oil Engines Limited ₹7.71 Cr	Industrial Products	0.33%

#	Stock	Sector	Last Weight (Apr 2026)
1	NTPC Limited ₹32.29 Cr	Power	1.43%
2	State Bank of India ₹20.09 Cr	Banks	0.89%
3	UltraTech Cement Limited ₹17.15 Cr	Cement & Cement Products	0.76%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Kotak Mahindra Bank Limited ₹65.03 Cr	Banks	1.83%	2.81%	+0.98%
2	CESC Limited ₹18.21 Cr	Power	0.41%	0.79%	+0.38%
3	Grindwell Norton Limited ₹14.09 Cr	Industrial Products	0.25%	0.61%	+0.36%
4	Cochin Shipyard Limited ₹14.67 Cr	Industrial Manufacturing	0.38%	0.64%	+0.26%
5	HDB Financial Services Limited ₹16.71 Cr	Finance	0.50%	0.72%	+0.22%
6	SRF Limited ₹21.18 Cr	Chemicals & Petrochemicals	0.73%	0.92%	+0.19%
7	Zydus Lifesciences Limited ₹15.63 Cr	Pharmaceuticals & Biotechnology	0.49%	0.68%	+0.19%
8	Nestle India Limited ₹25.44 Cr	Food Products	0.93%	1.10%	+0.17%
9	Axis Bank Limited ₹23.77 Cr	Banks	0.92%	1.03%	+0.11%
10	Hindustan Unilever Limited ₹34.50 Cr	Diversified FMCG	1.39%	1.49%	+0.10%
11	NMDC Limited ₹17.60 Cr	Minerals & Mining	0.68%	0.76%	+0.08%
12	Astral Limited ₹15.89 Cr	Industrial Products	0.61%	0.69%	+0.08%
13	Dr. Lal Path Labs Limited ₹13.38 Cr	Healthcare Services	0.50%	0.58%	+0.08%
14	Bandhan Bank Limited ₹16.51 Cr	Banks	0.64%	0.71%	+0.07%
15	CG Power and Industrial Solutions Limited ₹14.68 Cr	Electrical Equipment	0.57%	0.64%	+0.07%
16	Indus Towers Limited ₹28.49 Cr	Telecom - Services	1.17%	1.23%	+0.06%
17	Dr. Reddy's Laboratories Limited ₹24.38 Cr	Pharmaceuticals & Biotechnology	0.99%	1.05%	+0.06%
18	IndusInd Bank Limited ₹22.16 Cr	Banks	0.90%	0.96%	+0.06%
19	Aarti Industries Limited ₹16.39 Cr	Chemicals & Petrochemicals	0.66%	0.71%	+0.05%
20	Pidilite Industries Limited ₹18.24 Cr	Chemicals & Petrochemicals	0.75%	0.79%	+0.04%
21	Doms Industries Limited ₹14.65 Cr	Household Products	0.59%	0.63%	+0.04%
22	K.P.R. Mill Limited ₹15.40 Cr	Textiles & Apparels	0.66%	0.67%	+0.01%
23	Dixon Technologies (India) Limited ₹15.21 Cr	Consumer Durables	0.65%	0.66%	+0.01%
24	InterGlobe Aviation Limited ₹11.01 Cr	Transport Services	0.47%	0.48%	+0.01%
25	Arvind Fashions Limited ₹9.26 Cr	Retailing	0.39%	0.40%	+0.01%
26	Abbott India Limited ₹8.06 Cr	Pharmaceuticals & Biotechnology	0.34%	0.35%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Tata Steel Limited ₹16.64 Cr	Ferrous Metals	1.65%	0.72%	-0.93%
2	Mahindra & Mahindra Limited ₹30.46 Cr	Automobiles	1.70%	1.32%	-0.38%
3	Divi's Laboratories Limited ₹19.07 Cr	Pharmaceuticals & Biotechnology	1.17%	0.83%	-0.34%
4	HDFC Bank Limited ₹120.95 Cr	Banks	5.54%	5.23%	-0.31%
5	Reliance Industries Limited ₹67.51 Cr	Petroleum Products	3.23%	2.92%	-0.31%
6	Titan Company Limited ₹16.91 Cr	Consumer Durables	1.04%	0.73%	-0.31%
7	Avenue Supermarts Limited ₹31.83 Cr	Retailing	1.59%	1.38%	-0.21%
8	Tata Consultancy Services Limited ₹39.49 Cr	IT - Software	1.91%	1.71%	-0.20%
9	Tata Power Company Limited ₹23.44 Cr	Power	1.21%	1.01%	-0.20%
10	Oil & Natural Gas Corporation Limited ₹25.08 Cr	Oil	1.25%	1.09%	-0.16%
11	ICICI Bank Limited ₹132.17 Cr	Banks	5.87%	5.72%	-0.15%
12	Bharti Airtel Limited ₹62.00 Cr	Telecom - Services	2.82%	2.68%	-0.14%
13	Infosys Limited ₹57.41 Cr	IT - Software	2.58%	2.48%	-0.10%
14	Britannia Industries Limited ₹18.86 Cr	Food Products	0.92%	0.82%	-0.10%
15	Escorts Kubota Limited ₹13.81 Cr	Agricultural, Commercial & Construction Vehicles	0.69%	0.60%	-0.09%
16	Havells India Limited ₹22.29 Cr	Consumer Durables	1.04%	0.96%	-0.08%
17	Jubilant Foodworks Limited ₹14.45 Cr	Leisure Services	0.71%	0.63%	-0.08%
18	TVS Motor Company Limited ₹26.85 Cr	Automobiles	1.23%	1.16%	-0.07%
19	Max Healthcare Institute Limited ₹24.13 Cr	Healthcare Services	1.10%	1.04%	-0.06%
20	LG Electronics India Ltd ₹16.43 Cr	Consumer Durables	0.76%	0.71%	-0.05%
21	UNO Minda Limited ₹29.64 Cr	Auto Components	1.32%	1.28%	-0.04%
22	Godrej Properties Limited ₹14.98 Cr	Realty	0.69%	0.65%	-0.04%
23	LTIMindtree Limited ₹11.99 Cr	IT - Software	0.56%	0.52%	-0.04%
24	Sun Pharmaceutical Industries Limited ₹30.95 Cr	Pharmaceuticals & Biotechnology	1.37%	1.34%	-0.03%
25	Tech Mahindra Limited ₹23.15 Cr	IT - Software	1.02%	1.00%	-0.02%
26	Oil India Limited ₹12.38 Cr	Oil	0.56%	0.54%	-0.02%
27	Wakefit Innovations Limited ₹2.61 Cr	Consumer Durables	0.13%	0.11%	-0.02%
28	Larsen & Toubro Limited ₹46.28 Cr	Construction	2.01%	2.00%	-0.01%
29	Eternal Limited ₹32.07 Cr	Retailing	1.40%	1.39%	-0.01%
30	Shriram Finance Limited ₹19.98 Cr	Finance	0.87%	0.86%	-0.01%
31	Tata Capital Limited ₹17.11 Cr	Finance	0.75%	0.74%	-0.01%
32	MTAR Technologies Limited ₹14.97 Cr	Aerospace & Defense	0.66%	0.65%	-0.01%
33	Vishal Mega Mart Limited ₹14.03 Cr	Retailing	0.62%	0.61%	-0.01%

What Stocks Does This Fund Hold?

70 stocks — May 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹132.17 Cr	Banks	5.72%
2	HDFC Bank Limited ₹120.95 Cr	Banks	5.23%
3	Reliance Industries Limited ₹67.51 Cr	Petroleum Products	2.92%
4	Kotak Mahindra Bank Limited ₹65.03 Cr	Banks	2.81%
5	Bharti Airtel Limited ₹62.00 Cr	Telecom - Services	2.68%
6	Infosys Limited ₹57.41 Cr	IT - Software	2.48%
7	Bajaj Finserv Limited ₹51.55 Cr	Finance	2.23%
8	Larsen & Toubro Limited ₹46.28 Cr	Construction	2.00%
9	Tata Consultancy Services Limited ₹39.49 Cr	IT - Software	1.71%
10	Hindustan Unilever Limited ₹34.50 Cr	Diversified FMCG	1.49%
11	Eternal Limited ₹32.07 Cr	Retailing	1.39%
12	Avenue Supermarts Limited ₹31.83 Cr	Retailing	1.38%
13	Sun Pharmaceutical Industries Limited ₹30.95 Cr	Pharmaceuticals & Biotechnology	1.34%
14	Mahindra & Mahindra Limited ₹30.46 Cr	Automobiles	1.32%
15	Trent Limited ₹30.41 Cr	Retailing	1.32%
16	UNO Minda Limited ₹29.64 Cr	Auto Components	1.28%
17	Indus Towers Limited ₹28.49 Cr	Telecom - Services	1.23%
18	TVS Motor Company Limited ₹26.85 Cr	Automobiles	1.16%
19	Nestle India Limited ₹25.44 Cr	Food Products	1.10%
20	Oil & Natural Gas Corporation Limited ₹25.08 Cr	Oil	1.09%
21	Dr. Reddy's Laboratories Limited ₹24.38 Cr	Pharmaceuticals & Biotechnology	1.05%
22	Max Healthcare Institute Limited ₹24.13 Cr	Healthcare Services	1.04%
23	HDFC Life Insurance Company Limited ₹23.79 Cr	Insurance	1.03%
24	Axis Bank Limited ₹23.77 Cr	Banks	1.03%
25	Tata Power Company Limited ₹23.44 Cr	Power	1.01%
26	Tech Mahindra Limited ₹23.15 Cr	IT - Software	1.00%
27	Havells India Limited ₹22.29 Cr	Consumer Durables	0.96%
28	IndusInd Bank Limited ₹22.16 Cr	Banks	0.96%
29	SRF Limited ₹21.18 Cr	Chemicals & Petrochemicals	0.92%
30	Shriram Finance Limited ₹19.98 Cr	Finance	0.86%
31	Divi's Laboratories Limited ₹19.07 Cr	Pharmaceuticals & Biotechnology	0.83%
32	Britannia Industries Limited ₹18.86 Cr	Food Products	0.82%
33	Pidilite Industries Limited ₹18.24 Cr	Chemicals & Petrochemicals	0.79%
34	CESC Limited ₹18.21 Cr	Power	0.79%
35	NMDC Limited ₹17.60 Cr	Minerals & Mining	0.76%
36	Tata Capital Limited ₹17.11 Cr	Finance	0.74%
37	Suzlon Energy Limited ₹17.10 Cr	Electrical Equipment	0.74%
38	Titan Company Limited ₹16.91 Cr	Consumer Durables	0.73%
39	HDB Financial Services Limited ₹16.71 Cr	Finance	0.72%
40	Tata Steel Limited ₹16.64 Cr	Ferrous Metals	0.72%
41	Bandhan Bank Limited ₹16.51 Cr	Banks	0.71%
42	LG Electronics India Ltd ₹16.43 Cr	Consumer Durables	0.71%
43	Aarti Industries Limited ₹16.39 Cr	Chemicals & Petrochemicals	0.71%
44	Astral Limited ₹15.89 Cr	Industrial Products	0.69%
45	Zydus Lifesciences Limited ₹15.63 Cr	Pharmaceuticals & Biotechnology	0.68%
46	RBL Bank Limited ₹15.53 Cr	Banks	0.67%
47	K.P.R. Mill Limited ₹15.40 Cr	Textiles & Apparels	0.67%
48	Dixon Technologies (India) Limited ₹15.21 Cr	Consumer Durables	0.66%
49	Info Edge (India) Limited ₹15.20 Cr	Retailing	0.66%
50	Persistent Systems Limited ₹15.06 Cr	IT - Software	0.65%
51	Godrej Properties Limited ₹14.98 Cr	Realty	0.65%
52	MTAR Technologies Limited ₹14.97 Cr	Aerospace & Defense	0.65%
53	Cochin Shipyard Limited ₹14.67 Cr	Industrial Manufacturing	0.64%
54	CG Power and Industrial Solutions Limited ₹14.68 Cr	Electrical Equipment	0.64%
55	Doms Industries Limited ₹14.65 Cr	Household Products	0.63%
56	Jubilant Foodworks Limited ₹14.45 Cr	Leisure Services	0.63%
57	Grindwell Norton Limited ₹14.09 Cr	Industrial Products	0.61%
58	Vishal Mega Mart Limited ₹14.03 Cr	Retailing	0.61%
59	Escorts Kubota Limited ₹13.81 Cr	Agricultural, Commercial & Construction Vehicles	0.60%
60	Dr. Lal Path Labs Limited ₹13.38 Cr	Healthcare Services	0.58%
61	Dabur India Limited ₹13.30 Cr	Personal Products	0.58%
62	Oil India Limited ₹12.38 Cr	Oil	0.54%
63	LTIMindtree Limited ₹11.99 Cr	IT - Software	0.52%
64	Mankind Pharma Limited ₹11.88 Cr	Pharmaceuticals & Biotechnology	0.51%
65	InterGlobe Aviation Limited ₹11.01 Cr	Transport Services	0.48%
66	Arvind Fashions Limited ₹9.26 Cr	Retailing	0.40%
67	Titagarh Rail Systems Limited ₹8.26 Cr	Industrial Manufacturing	0.36%
68	Abbott India Limited ₹8.06 Cr	Pharmaceuticals & Biotechnology	0.35%
69	Kirloskar Oil Engines Limited ₹7.71 Cr	Industrial Products	0.33%
70	Wakefit Innovations Limited ₹2.61 Cr	Consumer Durables	0.11%