← Mahindra Manulife Mutual Fund

Mahindra Manulife Banking & Financial Services Fund - Direct - Growth

Equity Data as of Aug 2026 Comparing Jul 2026 → Aug 2026
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Stocks Held
33
Aug 2026
Equity Holdings
₹453.24 Cr
Equity only, excl. debt & cash
AAUM
₹427.67 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
38.0%
Moderate
Top 10 Weight
58.4%
Moderate
Changes
35
3 new · 2 exits
Top Sector
Banks
50.0% of portfolio
Launch Date
27 Jun 2025
1 years old

AAUM (Average Assets Under Management) of ₹427.67 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month Mahindra Manulife Banking & Financial Services Fund made 3 new additions and exited 2 stocks this month. The biggest new buy was Bank of Maharashtra (Banks) at 1.03% weight. ICICI Prudential Asset Management Company Limited was the biggest exit (Capital Markets), which was held at 2.00%. Among existing holdings, One 97 Communications Limited saw the biggest increase — now at 3.18% of the portfolio. BSE Limited was trimmed the most, now at 0.15%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 50.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 53.2% 50.1% -3.1%
Finance 24.2% 22.8% -1.4%
Capital Markets 9.6% 14.2% +4.6%
Insurance 5.9% 5.8% -0.1%
Financial Technology (Fintech) 3.3% 3.9% +0.7%
Jul 2026 Aug 2026
Sector Prev Curr Delta
Banks 50.1% 50.0% -0.1%
Finance 22.8% 22.5% -0.3%
Capital Markets 14.2% 11.1% -3.1%
Financial Technology (Fintech) 3.9% 5.9% +2.0%
Insurance 5.8% 5.5% -0.3%
🟢
Biggest New Buy
Bank of Maharashtra
1.03% weight · Banks
🔴
Biggest Exit
ICICI Prudential Asset Management Company Limited
2.00% was held · Capital Markets
Biggest Add
One 97 Communications Limited
+1.66% · now 3.18%
Biggest Trim
BSE Limited
-2.18% · now 0.15%
🤝 Other funds also bought this month
Piramal Finance Ltd 41 funds
Piramal Finance Ltd
quant Quantamental Fund
Motilal Oswal Special Opportunities Fund - Direct - Growth
Motilal Oswal Multi Cap Fund-Direct Plan Growth + more
Bajaj Finserv Limited 29 funds
Bajaj Finserv Limited
Axis Quant Fund - Direct Plan - Growth
ICICI Prudential Multi-Asset Fund - Direct Plan - Growth
Sundaram Dynamic Asset Allocation Fund + more
Bank of Maharashtra 16 funds
Bank of Maharashtra
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth
Bank of India Aggressive Hybrid Fund
Baroda BNP Paribas Services Fund + more
👋 Other funds also exited
ICICI Prudential Asset Management Company Limited 17 funds
ICICI Prudential Asset Management Company Limited
Motilal Oswal Special Opportunities Fund - Direct - Growth
THE WEALTH COMPANY BALANCED ADVANTAGE FUND
HSBC Aggressive Hybrid Fund + more
Repco Home Finance Limited 2 funds
Repco Home Finance Limited
WhiteOak Capital Special Opportunities Fund - Direct Growth
WhiteOak Capital Mid Cap Fund Direct Plan Growth

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 Aug 2026
🟢 3 New Entries 🔴 2 Exits ↑ 12 Increased ↓ 18 Decreased
#StockSectorWeight (Aug 2026)
1
Bank of Maharashtra
₹4.92 Cr
Banks 1.03%
2
Bajaj Finserv Limited
₹4.45 Cr
Finance 0.93%
3
Piramal Finance Ltd
₹1.33 Cr
Finance 0.28%
#StockSectorLast Weight (Jul 2026)
1
ICICI Prudential Asset Management Company Limited
₹9.21 Cr
Capital Markets 2.00%
2
Repco Home Finance Limited
₹2.36 Cr
Finance 0.51%
#StockSectorJul 2026Aug 2026Change
1
One 97 Communications Limited
₹15.20 Cr
Financial Technology (Fintech) 1.52% 3.18% +1.66%
2
Multi Commodity Exchange of India Limited
₹25.25 Cr
Capital Markets 4.34% 5.29% +0.95%
3
Nippon Life India Asset Management Limited
₹14.07 Cr
Capital Markets 2.02% 2.95% +0.93%
4
PB Fintech Limited
₹12.94 Cr
Financial Technology (Fintech) 2.40% 2.71% +0.31%
5
Axis Bank Limited
₹35.39 Cr
Banks 7.27% 7.41% +0.14%
6
Shriram Finance Limited
₹24.73 Cr
Finance 5.06% 5.18% +0.12%
7
DCB Bank Limited
₹4.95 Cr
Banks 0.92% 1.04% +0.12%
8
Kotak Mahindra Bank Limited
₹14.78 Cr
Banks 2.99% 3.10% +0.11%
9
PNB Housing Finance Limited
₹5.71 Cr
Finance 1.14% 1.20% +0.06%
10
Union Bank of India
₹4.72 Cr
Banks 0.93% 0.99% +0.06%
#StockSectorJul 2026Aug 2026Change
1
BSE Limited
₹71.71 L
Capital Markets 2.33% 0.15% -2.18%
2
Angel One Limited
₹3.06 Cr
Capital Markets 1.38% 0.64% -0.74%
3
HDFC Bank Limited
₹36.35 Cr
Banks 8.33% 7.61% -0.72%
4
Bajaj Finance Limited
₹22.25 Cr
Finance 5.22% 4.66% -0.56%
5
Fedbank Financial Ser Ltd
₹4.72 Cr
Finance 1.39% 0.99% -0.40%
6
SBI Life Insurance Company Limited
₹13.05 Cr
Insurance 3.06% 2.73% -0.33%
7
ICICI Bank Limited
₹58.16 Cr
Banks 12.47% 12.18% -0.29%
8
Ujjivan Small Finance Bank Limited
₹17.07 Cr
Banks 3.85% 3.58% -0.27%
9
Bandhan Bank Limited
₹7.67 Cr
Banks 1.77% 1.61% -0.16%
10
Aditya Birla Capital Limited
₹18.16 Cr
Finance 3.89% 3.80% -0.09%

What Stocks Does This Fund Hold?

33 stocks — Aug 2026

# Stock Sector Cap Weight & Value
1
₹58.16 Cr
Banks
12.18%
2
₹36.35 Cr
Banks
7.61%
3
₹35.39 Cr
Banks
7.41%
4
₹26.49 Cr
Banks
5.55%
5
₹25.25 Cr
Capital Markets
5.29%
6
₹24.73 Cr
Finance
5.18%
7
₹22.25 Cr
Finance
4.66%
8
₹18.16 Cr
Finance
3.80%
9
₹17.07 Cr
Banks
3.58%
10
₹15.20 Cr
Financial Technology (Fintech)
3.18%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 Mahindra Manulife Mutual Fund — Portfolio & Holdings
See all funds managed by Mahindra Manulife Mutual Fund — conviction stocks, monthly entries & exits

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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