← Mahindra Manulife Mutual Fund

Mahindra Manulife Banking & Financial Services Fund - Direct - Growth

Equity Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
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Stocks Held
32
Jul 2026
Equity Holdings
₹445.60 Cr
Equity only, excl. debt & cash
AAUM
₹427.67 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
38.9%
Moderate
Top 10 Weight
59.1%
Moderate
Changes
30
3 new · 0 exits
Top Sector
Banks
50.1% 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 added 3 new stocks to its portfolio this month. The biggest new buy was Multi Commodity Exchange of India Limited (Capital Markets) at 4.34% weight. Among existing holdings, One 97 Communications Limited saw the biggest increase — now at 1.52% of the portfolio. Kotak Mahindra Bank Limited was trimmed the most, now at 2.99%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 50.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 53.2% 53.2% -0.1%
Finance 23.7% 24.2% +0.6%
Capital Markets 11.4% 9.6% -1.8%
Insurance 6.5% 5.9% -0.6%
Financial Technology (Fintech) 2.8% 3.3% +0.5%
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%
🟢
Biggest New Buy
Multi Commodity Exchange of India Limited
4.34% weight · Capital Markets
Biggest Add
One 97 Communications Limited
+0.76% · now 1.52%
Biggest Trim
Kotak Mahindra Bank Limited
-2.77% · now 2.99%
🤝 Other funds also bought this month
SBI Funds Management Limited 89 funds
SBI Funds Management Limited
Helios Financial Services Fund - Direct Plan - Growth Option
quant BFSI Fund - Growth Option - Direct Plan
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth + more
IndusInd Bank Limited 28 funds
IndusInd Bank Limited
Kotak Nifty Private Bank ETF
Baroda BNP Paribas Banking & Financial Services Fund
Bajaj Finserv BSE Top 10 Banks ETF + more
Multi Commodity Exchange of India Limited 27 funds
Multi Commodity Exchange of India Limited
Edel BSE Capital Markets & Insurance ETF
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
Motilal Oswal Nifty Midcap 150 Momentum 50 ETF + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 3 New Entries ↑ 9 Increased ↓ 18 Decreased
#StockSectorWeight (Jul 2026)
1
Multi Commodity Exchange of India Limited
₹19.99 Cr
Capital Markets 4.34%
2
IndusInd Bank Limited
₹10.23 Cr
Banks 2.22%
3
SBI Funds Management Limited
₹5.23 Cr
Capital Markets 1.14%
#StockSectorJun 2026Jul 2026Change
1
One 97 Communications Limited
₹6.98 Cr
Financial Technology (Fintech) 0.76% 1.52% +0.76%
2
Ujjivan Small Finance Bank Limited
₹17.72 Cr
Banks 3.24% 3.85% +0.61%
3
Bajaj Finance Limited
₹24.02 Cr
Finance 4.69% 5.22% +0.53%
4
ICICI Bank Limited
₹57.41 Cr
Banks 12.20% 12.47% +0.27%
5
SBI Life Insurance Company Limited
₹14.11 Cr
Insurance 2.94% 3.06% +0.12%
6
360 One WAM Limited
₹4.54 Cr
Capital Markets 0.95% 0.99% +0.04%
7
Aditya Birla Capital Limited
₹17.93 Cr
Finance 3.86% 3.89% +0.03%
8
Cholamandalam Investment and Finance Company Ltd
₹10.25 Cr
Finance 2.20% 2.23% +0.03%
9
Fedbank Financial Ser Ltd
₹6.40 Cr
Finance 1.37% 1.39% +0.02%
#StockSectorJun 2026Jul 2026Change
1
Kotak Mahindra Bank Limited
₹13.76 Cr
Banks 5.76% 2.99% -2.77%
2
L&T Finance Limited
₹8.25 Cr
Finance 3.65% 1.79% -1.86%
3
Axis Bank Limited
₹33.47 Cr
Banks 8.72% 7.27% -1.45%
4
HDFC Bank Limited
₹38.36 Cr
Banks 9.08% 8.33% -0.75%
5
State Bank of India
₹25.67 Cr
Banks 6.31% 5.58% -0.73%
6
BSE Limited
₹10.71 Cr
Capital Markets 2.86% 2.33% -0.53%
7
Bandhan Bank Limited
₹8.17 Cr
Banks 2.12% 1.77% -0.35%
8
Max Financial Services Limited
₹12.56 Cr
Insurance 2.94% 2.73% -0.21%
9
ICICI Prudential Asset Management Company Limited
₹9.21 Cr
Capital Markets 2.18% 2.00% -0.18%
10
Angel One Limited
₹6.35 Cr
Capital Markets 1.56% 1.38% -0.18%

What Stocks Does This Fund Hold?

32 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹57.41 Cr
Banks
12.47%
2
₹38.36 Cr
Banks
8.33%
3
₹33.47 Cr
Banks
7.27%
4
₹25.67 Cr
Banks
5.58%
5
₹24.02 Cr
Finance
5.22%
6
₹23.32 Cr
Finance
5.06%
7
₹19.99 Cr
Capital Markets
4.34%
8
₹17.93 Cr
Finance
3.89%
9
₹17.72 Cr
Banks
3.85%
10
₹14.11 Cr
Insurance
3.06%
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🏦 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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