← Mahindra Manulife Mutual Fund

Mahindra Manulife Banking & Financial Services Fund - Direct - Growth

Equity Data as of Jun 2026 Comparing May 2026 → Jun 2026
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Stocks Held
29
Jun 2026
Equity Holdings
₹433.50 Cr
Equity only, excl. debt & cash
Top 5 Weight
42.1%
High concentration
Top 10 Weight
62.7%
High concentration
Changes
31
2 new · 3 exits
Top Sector
Banks
53.2% of portfolio
📋 What Happened This Month Mahindra Manulife Banking & Financial Services Fund made 2 new additions and exited 3 stocks this month. The biggest new buy was Union Bank of India (Banks) at 0.96% weight. Equitas Small Finance Bank Limited was the biggest exit (Banks), which was held at 2.88%. Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 5.76% of the portfolio. ICICI Bank Limited was trimmed the most, now at 12.20%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 53.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 54.7% 53.2% -1.5%
Finance 23.2% 23.7% +0.5%
Capital Markets 8.1% 11.4% +3.3%
Insurance 6.3% 6.5% +0.2%
Financial Technology (Fintech) 2.7% 2.8% +0.1%
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%
🟢
Biggest New Buy
Union Bank of India
0.96% weight · Banks
🔴
Biggest Exit
Equitas Small Finance Bank Limited
2.88% was held · Banks
Biggest Add
Kotak Mahindra Bank Limited
+2.66% · now 5.76%
Biggest Trim
ICICI Bank Limited
-0.81% · now 12.20%
🤝 Other funds also bought this month
Union Bank of India 16 funds
Union Bank of India
DSP Banking & Financial Services Fund - Direct - Growth
Taurus Large Cap Fund
Capitalmind Multi Asset Allocation Fund + more
One 97 Communications Limited 15 funds
One 97 Communications Limited
Groww Nifty India Internet ETF FOF
Invesco India Transportation and Logistics Fund
UTI - BSE Sensex Next 50 Exchange Traded Fund + more
👋 Other funds also exited
Multi Commodity Exchange of India Limited 26 funds
Multi Commodity Exchange of India Limited
Groww Nifty Capital Markets ETF
Navi Nifty Smallcap 250 Momentum quality index fund- Direct Plan
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF + more
Bank of Maharashtra 8 funds
Bank of Maharashtra
Mirae Asset Nifty PSU Bank ETF
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan
Samco Special Opportunities Fund + more
Equitas Small Finance Bank Limited 3 funds
Equitas Small Finance Bank Limited
Mahindra Manulife Small Cap Fund - Direct Plan - Growth
Mahindra Manulife Value Fund - Direct Plan - Growth
ICICI Prudential Banking & Financial Services Fund

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 Jun 2026
🟢 2 New Entries 🔴 3 Exits ↑ 10 Increased ↓ 16 Decreased
#StockSectorWeight (Jun 2026)
1
Union Bank of India
₹4.31 Cr
Banks 0.96%
2
One 97 Communications Limited
₹3.42 Cr
Financial Technology (Fintech) 0.76%
#StockSectorLast Weight (May 2026)
1
Equitas Small Finance Bank Limited
₹12.31 Cr
Banks 2.88%
2
Multi Commodity Exchange of India Limited
₹3.72 Cr
Capital Markets 0.87%
3
Bank of Maharashtra
₹1.78 Cr
Banks 0.42%
#StockSectorMay 2026Jun 2026Change
1
Kotak Mahindra Bank Limited
₹25.99 Cr
Banks 3.10% 5.76% +2.66%
2
BSE Limited
₹12.90 Cr
Capital Markets 1.73% 2.86% +1.13%
3
Bajaj Finance Limited
₹21.15 Cr
Finance 3.74% 4.69% +0.95%
4
State Bank of India
₹28.43 Cr
Banks 5.76% 6.31% +0.55%
5
Shriram Finance Limited
₹23.22 Cr
Finance 4.93% 5.15% +0.22%
6
Cholamandalam Investment and Finance Company Ltd
₹9.92 Cr
Finance 1.99% 2.20% +0.21%
7
HDFC Bank Limited
₹40.91 Cr
Banks 8.93% 9.08% +0.15%
8
L&T Finance Limited
₹16.47 Cr
Finance 3.55% 3.65% +0.10%
9
Ujjivan Small Finance Bank Limited
₹14.59 Cr
Banks 3.14% 3.24% +0.10%
10
Repco Home Finance Limited
₹2.56 Cr
Finance 0.55% 0.57% +0.02%
#StockSectorMay 2026Jun 2026Change
1
ICICI Bank Limited
₹55.00 Cr
Banks 13.01% 12.20% -0.81%
2
ICICI Prudential Asset Management Company Limited
₹9.81 Cr
Capital Markets 2.98% 2.18% -0.80%
3
360 One WAM Limited
₹4.30 Cr
Capital Markets 1.55% 0.95% -0.60%
4
Nippon Life India Asset Management Limited
₹9.30 Cr
Capital Markets 2.57% 2.06% -0.51%
5
Aditya Birla Capital Limited
₹17.38 Cr
Finance 4.28% 3.86% -0.42%
6
Max Financial Services Limited
₹13.27 Cr
Insurance 3.28% 2.94% -0.34%
7
SBI Life Insurance Company Limited
₹13.24 Cr
Insurance 3.21% 2.94% -0.27%
8
Tata Capital Limited
₹7.20 Cr
Finance 1.87% 1.60% -0.27%
9
PB Fintech Limited
₹11.24 Cr
Financial Technology (Fintech) 2.75% 2.49% -0.26%
10
Fedbank Financial Ser Ltd
₹6.19 Cr
Finance 1.57% 1.37% -0.20%

What Stocks Does This Fund Hold?

29 stocks — Jun 2026

# Stock Sector Cap Weight & Value
1
₹55.00 Cr
Banks
12.20%
2
₹40.91 Cr
Banks
9.08%
3
₹39.32 Cr
Banks
8.72%
4
₹28.43 Cr
Banks
6.31%
5
₹25.99 Cr
Banks
5.76%
6
₹23.22 Cr
Finance
5.15%
7
₹21.15 Cr
Finance
4.69%
8
₹17.38 Cr
Finance
3.86%
9
₹16.47 Cr
Finance
3.65%
10
₹14.59 Cr
Banks
3.24%
🏆 Top stocks held by Equity funds
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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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