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Mahindra Manulife ELSS Tax Saver Fund - Direct Plan -Growth

ELSS Data as of Jun 2026 Comparing May 2026 → Jun 2026
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Stocks Held
55
Jun 2026
Equity Holdings
₹862.16 Cr
Equity only, excl. debt & cash
Top 5 Weight
28.0%
Moderate
Top 10 Weight
41.0%
Moderate
Changes
64
6 new · 10 exits
Top Sector
Banks
24.4% of portfolio
📋 What Happened This Month Mahindra Manulife ELSS Tax Saver Fund made 6 new additions and exited 10 stocks this month. The biggest new buy was JK Cement Limited (Cement & Cement Products) at 1.12% weight. Oil & Natural Gas Corporation Limited was the biggest exit (Oil), which was held at 1.53%. Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 2.26% of the portfolio. Indus Towers Limited was trimmed the most, now at 0.95%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 24.4%. ↓ 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 23.6% 22.5% -1.1%
IT - Software 8.4% 8.3% -0.1%
Retailing 7.1% 7.1% 0.0%
Pharmaceuticals & Biotechnology 6.2% 6.9% +0.7%
Telecom - Services 5.0% 5.5% +0.6%
Automobiles 5.2% 5.4% +0.2%
Finance 5.4% 5.3% -0.1%
Consumer Durables 6.0% 4.4% -1.7%
Petroleum Products 3.5% 3.3% -0.2%
Construction 2.9% 3.1% +0.1%
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 22.5% 24.4% +1.9%
IT - Software 8.3% 7.3% -1.0%
Retailing 7.1% 7.3% +0.2%
Finance 5.3% 7.1% +1.8%
Automobiles 5.4% 6.8% +1.5%
Pharmaceuticals & Biotechnology 6.9% 6.8% -0.1%
Telecom - Services 5.5% 5.2% -0.4%
Consumer Durables 4.4% 4.6% +0.2%
Petroleum Products 3.3% 3.2% -0.1%
Construction 3.1% 3.1% 0.0%
🟢
Biggest New Buy
JK Cement Limited
1.12% weight · Cement & Cement Products
🔴
Biggest Exit
Oil & Natural Gas Corporation Limited
1.53% was held · Oil
Biggest Add
Kotak Mahindra Bank Limited
+0.93% · now 2.26%
Biggest Trim
Indus Towers Limited
-0.58% · now 0.95%
🤝 Other funds also bought this month
Hindustan Aeronautics Limited 18 funds
Hindustan Aeronautics Limited
IB25-Groww Nifty India Defence ETF
IB61-Groww Nifty PSE ETF
Motilal Oswal Multi Cap Fund-Direct Plan Growth + more
Suzlon Energy Limited 18 funds
Suzlon Energy Limited
Motilal Oswal BSE Clean Environment Index Fund
IB45-Groww BSE Power ETF
The Wealth Company Large & Mid Cap Fund + more
Marico Limited 17 funds
Marico Limited
KOTAK NIFTY ALPHA LOW VOLATILITY 30 INDEX FUND
Capitalmind Multi Asset Allocation Fund
Motilal Oswal Quant Fund - Direct - Growth + more
L&T Finance Limited 14 funds
L&T Finance Limited
Motilal Oswal Financial Services Fund- Direct Growth
TRUSTMF MULTI CAP FUND -DIRECT PLAN-GROWTH
SBI Quant Fund- Direct Plan- Growth + more
Fortis Healthcare Limited 13 funds
Fortis Healthcare Limited
IB63-Groww BSE Hospitals ETF
JM ELSS Tax Saver Fund (Direct) - Growth Option
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth + more
JK Cement Limited 9 funds
JK Cement Limited
Axis Momentum Fund - Direct Plan - Growth Option
BANK OF INDIA Small Cap Fund Direct Plan Growth
Mahindra Manulife Large & Mid Cap Fund - Direct Plan -Growth + more
👋 Other funds also exited
Tata Steel Limited 39 funds
Tata Steel Limited
Axis Nifty500 Value 50 Index Fund - Direct Plan - Growth Option
Axis Nifty500 Value 50 ETF
UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option + more
NTPC Limited 38 funds
NTPC Limited
Groww BSE Power ETF
Groww Nifty PSE ETF
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan + more
Oil & Natural Gas Corporation Limited 36 funds
Oil & Natural Gas Corporation Limited
Groww Nifty PSE ETF
NJ Flexi Cap Fund
Mahindra Manulife Focused Fund - Direct Plan -Growth + more
Oil India Limited 31 funds
Oil India Limited
Bandhan Multi-Factor Fund - Direct Plan - Growth
Groww Nifty PSE ETF
CAPITALMIND FLEXI CAP FUND DIRECT GROWTH + more
Britannia Industries Limited 22 funds
Britannia Industries Limited
Bandhan Nifty 200 Quality 30 Index Fund - Direct Plan - Growth
NJ Flexi Cap Fund
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Direct - Growth + more
Jubilant Foodworks Limited 14 funds
Jubilant Foodworks Limited
Franklin India Focused Equity Fund - Direct - Growth
LIC MF Multi Asset Allocation Fund-Direct Plan-Growth
SBI Flexicap Fund - DIRECT PLAN - Growth Option + more

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 Jun 2026
🟢 6 New Entries 🔴 10 Exits ↑ 26 Increased ↓ 22 Decreased
#StockSectorWeight (Jun 2026)
1
JK Cement Limited
₹9.93 Cr
Cement & Cement Products 1.12%
2
Fortis Healthcare Limited
₹9.70 Cr
Healthcare Services 1.10%
3
Suzlon Energy Limited
₹8.84 Cr
Electrical Equipment 1.00%
4
Hindustan Aeronautics Limited
₹8.76 Cr
Aerospace & Defense 0.99%
5
L&T Finance Limited
₹8.70 Cr
Finance 0.98%
6
Marico Limited
₹8.36 Cr
Agricultural Food & other Products 0.95%
#StockSectorLast Weight (May 2026)
1
Oil & Natural Gas Corporation Limited
₹13.27 Cr
Oil 1.53%
2
Britannia Industries Limited
₹11.19 Cr
Food Products 1.29%
3
Dabur India Limited
₹9.09 Cr
Personal Products 1.05%
4
NTPC Limited
₹8.13 Cr
Power 0.94%
5
Astral Limited
₹7.42 Cr
Industrial Products 0.86%
6
Tata Steel Limited
₹7.28 Cr
Ferrous Metals 0.84%
7
Jubilant Foodworks Limited
₹7.04 Cr
Leisure Services 0.81%
8
Oil India Limited
₹6.67 Cr
Oil 0.77%
9
K.P.R. Mill Limited
₹4.87 Cr
Textiles & Apparels 0.56%
10
Wakefit Innovations Limited
₹34.71 L
Consumer Durables 0.04%
#StockSectorMay 2026Jun 2026Change
1
Kotak Mahindra Bank Limited
₹20.00 Cr
Banks 1.33% 2.26% +0.93%
2
Elgi Equipments Limited
₹7.60 Cr
Industrial Products 0.11% 0.86% +0.75%
3
Maruti Suzuki India Limited
₹21.03 Cr
Automobiles 1.64% 2.38% +0.74%
4
ICICI Bank Limited
₹83.79 Cr
Banks 8.83% 9.48% +0.65%
5
InterGlobe Aviation Limited
₹12.35 Cr
Transport Services 0.76% 1.40% +0.64%
6
Shriram Finance Limited
₹11.06 Cr
Finance 0.78% 1.25% +0.47%
7
HDFC Bank Limited
₹67.59 Cr
Banks 7.28% 7.64% +0.36%
8
Tata Motors Passenger Vehicles Limited
₹10.85 Cr
Automobiles 0.91% 1.23% +0.32%
9
Titan Company Limited
₹12.86 Cr
Consumer Durables 1.14% 1.45% +0.31%
10
Bajaj Finance Limited
₹30.95 Cr
Finance 3.23% 3.50% +0.27%
#StockSectorMay 2026Jun 2026Change
1
Indus Towers Limited
₹8.42 Cr
Telecom - Services 1.53% 0.95% -0.58%
2
Infosys Limited
₹25.37 Cr
IT - Software 3.40% 2.87% -0.53%
3
Tata Consultancy Services Limited
₹18.28 Cr
IT - Software 2.35% 2.07% -0.28%
4
Tata Power Company Limited
₹13.57 Cr
Power 1.71% 1.53% -0.18%
5
Reliance Industries Limited
₹28.14 Cr
Petroleum Products 3.32% 3.18% -0.14%
6
IndusInd Bank Limited
₹14.97 Cr
Banks 1.83% 1.69% -0.14%
7
Dr. Reddy's Laboratories Limited
₹13.71 Cr
Pharmaceuticals & Biotechnology 1.68% 1.55% -0.13%
8
Tech Mahindra Limited
₹13.06 Cr
IT - Software 1.59% 1.48% -0.11%
9
Hindustan Unilever Limited
₹19.70 Cr
Diversified FMCG 2.31% 2.23% -0.08%
10
Sun Pharmaceutical Industries Limited
₹13.60 Cr
Pharmaceuticals & Biotechnology 1.62% 1.54% -0.08%

What Stocks Does This Fund Hold?

55 stocks — Jun 2026

# Stock Sector Cap Weight & Value
1
₹83.79 Cr
Banks
9.48%
2
₹67.59 Cr
Banks
7.64%
3
₹37.41 Cr
Telecom - Services
4.23%
4
₹30.95 Cr
Finance
3.50%
5
₹28.14 Cr
Petroleum Products
3.18%
6
₹27.00 Cr
Construction
3.05%
7
₹25.37 Cr
IT - Software
2.87%
8
₹21.03 Cr
Automobiles
2.38%
9
₹20.99 Cr
Banks
2.37%
10
₹20.00 Cr
Banks
2.26%
🏆 Top stocks held by ELSS 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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