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Mahindra Manulife Flexi Cap Fund - Direct Plan -Growth

Flexi Cap Data as of Apr 2026 Comparing Mar 2026 → Apr 2026
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Stocks Held
71
Apr 2026
Equity Holdings
₹1,515.15 Cr
Equity only, excl. debt & cash
Top 5 Weight
22.1%
Diversified
Top 10 Weight
33.2%
Diversified
Changes
81
12 new · 11 exits
Top Sector
Banks
19.9% of portfolio
📋 What Happened This Month Mahindra Manulife Flexi Cap Fund made 12 new additions and exited 11 stocks this month. The biggest new buy was Adani Ports and Special Economic Zone Limited (Transport Infrastructure) at 1.50% weight. UltraTech Cement Limited was the biggest exit (Cement & Cement Products), which was held at 2.06%. Among existing holdings, Bharti Airtel Limited saw the biggest increase — now at 3.30% of the portfolio. Infosys Limited was trimmed the most, now at 1.55%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 19.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Feb 2026 Mar 2026
Sector Prev Curr Delta
Banks 25.4% 22.4% -3.0%
IT - Software 8.9% 8.4% -0.5%
Retailing 5.5% 6.9% +1.4%
Consumer Durables 7.3% 6.7% -0.7%
Pharmaceuticals & Biotechnology 4.3% 6.4% +2.1%
Automobiles 3.6% 5.2% +1.6%
Finance 4.8% 4.5% -0.4%
Petroleum Products 5.0% 4.4% -0.6%
Telecom - Services 3.0% 3.8% +0.8%
Power 2.4% 3.5% +1.1%
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 22.4% 19.9% -2.5%
Retailing 6.9% 7.6% +0.8%
IT - Software 8.4% 6.2% -2.2%
Telecom - Services 3.8% 5.9% +2.1%
Pharmaceuticals & Biotechnology 6.4% 5.9% -0.5%
Finance 4.5% 5.3% +0.8%
Consumer Durables 6.7% 4.9% -1.8%
Automobiles 5.2% 4.3% -0.9%
Power 3.5% 4.0% +0.6%
Construction 2.9% 3.6% +0.7%
🟢
Biggest New Buy
Adani Ports and Special Economic Zone Limited
1.50% weight · Transport Infrastructure
🔴
Biggest Exit
UltraTech Cement Limited
2.06% was held · Cement & Cement Products
Biggest Add
Bharti Airtel Limited
+0.96% · now 3.30%
Biggest Trim
Infosys Limited
-2.02% · now 1.55%
🤝 Other funds also bought this month
InterGlobe Aviation Limited 83 funds
InterGlobe Aviation Limited
Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Mirae Asset Nifty India New Age Consumption ETF
Invesco India Midcap Fund - Direct Plan - Growth Option + more
Adani Ports and Special Economic Zone Limited 48 funds
Adani Ports and Special Economic Zone Limited
Mirae Asset Nifty India Infrastructure & Logistics ETF
ICICI Prudential Focused Equity Fund - Direct Plan - Growth
ICICI Prudential Active Momentum Fund - Direct Plan - Growth + more
The Federal Bank Limited 43 funds
The Federal Bank Limited
Invesco India Midcap Fund - Direct Plan - Growth Option
UTI Nifty Private Bank Index Fund - Direct Plan - Growth Option
HDFC NIFTY Private Bank ETF - Growth Option + more
L&T Finance Limited 30 funds
L&T Finance Limited
Mirae Asset Nifty 200 Alpha 30 ETF
Invesco India Midcap Fund - Direct Plan - Growth Option
Mahindra Manulife Banking & Financial Services Fund - Direct - Growth + more
Schaeffler India Limited 26 funds
Schaeffler India Limited
LIC MF Focused Fund-Direct Plan-Growth
Mirae Asset Nifty EV and New Age Automotive ETF
ICICI Prudential Nifty EV & New Age Automotive ETF + more
Suzlon Energy Limited 25 funds
Suzlon Energy Limited
Motilal Oswal Manufacturing Fund - Direct Plan- Growth
UTI - BSE Sensex Next 50 Exchange Traded Fund
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option + more
👋 Other funds also exited
Cummins India Limited 30 funds
Cummins India Limited
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
ICICI Prudential MNC Fund - Direct Plan - Growth Option
ICICI Prudential BSE Midcap Select ETF + more
Mahindra & Mahindra Limited 29 funds
Mahindra & Mahindra Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
ICICI Prudential Nifty 200 Momentum 30 ETF
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
Asian Paints Limited 18 funds
Asian Paints Limited
SBI FOCUSED FUND - DIRECT PLAN -GROWTH
BAJAJ FINSERV CONSUMPTION FUND - DIRECT - GROWTH
BAJAJ FINSERV LARGE CAP FUND - DIRECT PLAN - GROWTH + more
UltraTech Cement Limited 18 funds
UltraTech Cement Limited
ICICI Prudential MNC Fund - Direct Plan - Growth Option
ICICI Prudential Smallcap Fund - Direct Plan - Growth
Bajaj Finserv Flexi Cap Fund-Direct Plan-Growth + more
Havells India Limited 16 funds
Havells India Limited
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
Tata Housing Opportunities Fund - Direct Plan - Growth
ICICI Prudential Innovation Fund - Direct Plan - Growth + more
Navin Fluorine International Limited 15 funds
Navin Fluorine International Limited
BAJAJ FINSERV SMALL CAP FUND - DIRECT - GROWTH
ICICI Prudential MNC Fund - Direct Plan - Growth Option
BAJAJ FINSERV HEALTHCARE FUND - DIRECT - GROWTH + more

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 Apr 2026
🟢 12 New Entries 🔴 11 Exits ↑ 29 Increased ↓ 29 Decreased
#StockSectorWeight (Apr 2026)
1
Adani Ports and Special Economic Zone Limited
₹23.20 Cr
Transport Infrastructure 1.50%
2
Cochin Shipyard Limited
₹21.67 Cr
Industrial Manufacturing 1.41%
3
Jubilant Ingrevia Limited
₹17.96 Cr
Chemicals & Petrochemicals 1.16%
4
Suzlon Energy Limited
₹16.67 Cr
Electrical Equipment 1.08%
5
Vodafone Idea Limited
₹16.35 Cr
Telecom - Services 1.06%
6
Engineers India Limited
₹15.12 Cr
Construction 0.98%
7
InterGlobe Aviation Limited
₹12.03 Cr
Transport Services 0.78%
8
Zydus Lifesciences Limited
₹11.15 Cr
Pharmaceuticals & Biotechnology 0.72%
9
The Federal Bank Limited
₹10.47 Cr
Banks 0.68%
10
Carborundum Universal Limited
₹9.52 Cr
Industrial Products 0.62%
#StockSectorLast Weight (Mar 2026)
1
UltraTech Cement Limited
₹29.01 Cr
Cement & Cement Products 2.06%
2
Mahindra & Mahindra Limited
₹15.64 Cr
Automobiles 1.11%
3
Havells India Limited
₹13.45 Cr
Consumer Durables 0.96%
4
Biocon Limited
₹12.85 Cr
Pharmaceuticals & Biotechnology 0.91%
5
Asian Paints Limited
₹12.77 Cr
Consumer Durables 0.91%
6
GlaxoSmithKline Pharmaceuticals Limited
₹12.06 Cr
Pharmaceuticals & Biotechnology 0.86%
7
Navin Fluorine International Limited
₹11.71 Cr
Chemicals & Petrochemicals 0.83%
8
Jyoti CNC Automation Ltd
₹11.69 Cr
Industrial Manufacturing 0.83%
9
Cummins India Limited
₹4.62 Cr
Industrial Products 0.33%
10
Bharat Dynamics Limited
₹2.19 Cr
Aerospace & Defense 0.16%
#StockSectorMar 2026Apr 2026Change
1
Bharti Airtel Limited
₹50.94 Cr
Telecom - Services 2.34% 3.30% +0.96%
2
CESC Limited
₹18.75 Cr
Power 0.53% 1.22% +0.69%
3
Bajaj Finance Limited
₹45.82 Cr
Finance 2.30% 2.97% +0.67%
4
Eternal Limited
₹25.44 Cr
Retailing 0.98% 1.65% +0.67%
5
NMDC Limited
₹18.07 Cr
Minerals & Mining 0.54% 1.17% +0.63%
6
Escorts Kubota Limited
₹15.62 Cr
Agricultural, Commercial & Construction Vehicles 0.53% 1.01% +0.48%
7
Aarti Industries Limited
₹17.00 Cr
Chemicals & Petrochemicals 0.67% 1.10% +0.43%
8
Trent Limited
₹20.51 Cr
Retailing 0.97% 1.33% +0.36%
9
MTAR Technologies Limited
₹12.91 Cr
Aerospace & Defense 0.49% 0.84% +0.35%
10
Bajaj Auto Limited
₹20.49 Cr
Automobiles 1.03% 1.33% +0.30%
#StockSectorMar 2026Apr 2026Change
1
Infosys Limited
₹23.85 Cr
IT - Software 3.57% 1.55% -2.02%
2
Axis Bank Limited
₹17.00 Cr
Banks 3.03% 1.10% -1.93%
3
HDFC Bank Limited
₹71.54 Cr
Banks 6.38% 4.64% -1.74%
4
Reliance Industries Limited
₹52.22 Cr
Petroleum Products 4.35% 3.39% -0.96%
5
Hindustan Unilever Limited
₹27.46 Cr
Diversified FMCG 2.27% 1.78% -0.49%
6
Larsen & Toubro Limited
₹40.52 Cr
Construction 2.89% 2.63% -0.26%
7
Astral Limited
₹12.08 Cr
Industrial Products 0.99% 0.78% -0.21%
8
Avenue Supermarts Limited
₹31.41 Cr
Retailing 2.21% 2.04% -0.17%
9
NTPC Limited
₹17.64 Cr
Power 1.29% 1.14% -0.15%
10
Titan Company Limited
₹22.23 Cr
Consumer Durables 1.56% 1.44% -0.12%

Full Portfolio

71 stocks — Apr 2026

# Stock Sector Cap Weight & Value
1
₹120.91 Cr
Banks
7.84%
2
₹71.54 Cr
Banks
4.64%
3
₹52.22 Cr
Petroleum Products
3.39%
4
₹50.94 Cr
Telecom - Services
3.30%
5
₹45.82 Cr
Finance
2.97%
6
₹40.52 Cr
Construction
2.63%
7
₹34.63 Cr
IT - Software
2.25%
8
₹32.58 Cr
Banks
2.11%
9
₹31.41 Cr
Retailing
2.04%
10
₹31.39 Cr
Ferrous Metals
2.04%
🏆 Top stocks held by Flexi Cap funds
See which stocks all active Flexi Cap 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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