What stocks does Mahindra Manulife Large & Mid Cap Fund hold?

Mahindra Manulife Large & Mid Cap Fund holds a portfolio of Indian equity stocks disclosed monthly by Mahindra Manulife Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Mahindra Manulife Large & Mid Cap Fund?

Mahindra Manulife Large & Mid Cap Fund is managed by Mahindra Manulife Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Mahindra Manulife Large & Mid Cap Fund?

Mahindra Manulife Large & Mid Cap Fund is classified as a Mid Cap mutual fund under SEBI's mutual fund categorisation framework.

How often is Mahindra Manulife Large & Mid Cap Fund portfolio data updated?

Portfolio holdings for Mahindra Manulife Large & Mid Cap Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

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Mahindra Manulife Large & Mid Cap Fund - Direct Plan -Growth

Mid Cap Data as of Sep 2026 Comparing Aug 2026 → Sep 2026

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Stocks Held

Sep 2026

Equity Holdings

₹2,648.57 Cr

Equity only, excl. debt & cash

AAUM

₹2,834.23 Cr

Jul-Sep 2026 · Direct + Regular

Top 5 Weight

15.5%

Diversified

Top 10 Weight

26.1%

Diversified

Changes

1 new · 2 exits

Top Sector

Banks

18.5% of portfolio

Launch Date

06 Dec 2019

7 years old

AAUM (Average Assets Under Management) of ₹2,834.23 Cr for Jul-Sep 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 Large & Mid Cap Fund made 1 new addition and exited 2 stocks this month. The biggest new buy was Clean Max Enviro Energy Solutions Limited # (Power) at 1.30% weight. Mphasis Limited was the biggest exit (IT - Software), which was held at 0.83%. Among existing holdings, Acutaas Chemicals Ltd saw the biggest increase — now at 0.78% of the portfolio. IndusInd Bank Limited was trimmed the most, now at 2.04%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 18.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mahindra Manulife Large & Mid Cap Fund - Direct Plan -Growth

-6.19%

-5.67%

-1.29%

-4.35%

Latest NAV

₹28.93

23 Oct 2026

52W High

₹32.12

-10% from High

52W Low

₹26.69

+8% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+3.8%

2024

+18.5%

2023

+34.5%

2022

+3.9%

2021

+48.0%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

24.5%

+ve in 90% windows

92.2% / -7.8%

3Y Rolling Avg

22.1% p.a.

+ve in 100% windows

37.1% / 9.7%

5Y Rolling Avg

21.4% p.a.

+ve in 100% windows

32.5% / 11.6%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-20.0%

Rec: Aug 2026 (2yr 1mo)

COVID-19 Crash

-32.9%

Rec: Aug 2020 (8 mo)

2022 Rate Hike

-16.9%

Rec: Sep 2022 (4 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.20

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.26

Penalises downside volatility only.

Std Deviation (3Y)

16.3%

Lower = more consistent returns.

NAV Chart ₹28.93 23 Oct 2026

Simple Moving Avg: Click to draw · click again to remove

Mahindra Manulife Large & Mid Cap Fund - Direct Plan -Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹28.93

Sector Shift Industry allocation month-over-month

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Banks	19.9%	19.4%	▼ -0.5%
Pharmaceuticals & Biotechnology	11.5%	12.5%	▲ +1.0%
Finance	5.0%	6.6%	▲ +1.6%
IT - Software	4.5%	4.1%	▼ -0.3%
Retailing	3.9%	4.0%	● +0.1%
Auto Components	3.5%	3.8%	▲ +0.3%
Automobiles	4.4%	3.5%	▼ -1.0%
Capital Markets	3.8%	3.4%	▼ -0.3%
Industrial Products	3.3%	3.2%	▼ -0.2%
Transport Services	3.2%	3.2%	● -0.1%

Aug 2026 → Sep 2026

Sector	Prev	Curr ▼	Delta
Banks	19.4%	18.5%	▼ -0.9%
Pharmaceuticals & Biotechnology	12.5%	13.0%	▲ +0.5%
Finance	6.6%	5.9%	▼ -0.8%
Auto Components	3.8%	3.8%	● +0.1%
Capital Markets	3.4%	3.8%	▲ +0.3%
Retailing	4.0%	3.7%	▼ -0.3%
IT - Software	4.1%	3.5%	▼ -0.6%
Transport Services	3.2%	3.2%	● +0.0%
Industrial Products	3.2%	3.1%	● -0.1%
Automobiles	3.5%	3.0%	▼ -0.5%

🟢

Biggest New Buy

Clean Max Enviro Energy Solutions Limited #

1.30% weight · Power

🔴

Biggest Exit

Mphasis Limited

0.83% was held · IT - Software

↑

Biggest Add

Acutaas Chemicals Ltd

+0.38% · now 0.78%

↓

Biggest Trim

IndusInd Bank Limited

-0.66% · now 2.04%

🤝 Other funds also bought this month

Clean Max Enviro Energy Solutions Limited # 46 funds

👋 Other funds also exited

Mphasis Limited 25 funds

Swiggy Limited 24 funds

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026

🟢 1 New Entry 🔴 2 Exits ↑ 35 Increased ↓ 30 Decreased

#	Stock	Sector	Weight (Sep 2026)
1	Clean Max Enviro Energy Solutions Limited # ₹35.78 Cr	Power	1.30%

#	Stock	Sector	Last Weight (Aug 2026)
1	Mphasis Limited ₹24.19 Cr	IT - Software	0.83%
2	Swiggy Limited ₹14.39 Cr	Retailing	0.49%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	Acutaas Chemicals Ltd ₹21.48 Cr	Pharmaceuticals & Biotechnology	0.40%	0.78%	+0.38%
2	360 One WAM Limited ₹33.99 Cr	Capital Markets	0.95%	1.23%	+0.28%
3	Hindustan Aeronautics Limited ₹21.94 Cr	Aerospace & Defense	0.57%	0.80%	+0.23%
4	Eternal Limited ₹78.20 Cr	Retailing	2.62%	2.84%	+0.22%
5	Coforge Limited ₹37.78 Cr	IT - Software	1.15%	1.37%	+0.22%
6	One 97 Communications Limited ₹35.51 Cr	Financial Technology (Fintech)	1.09%	1.29%	+0.20%
7	HDFC Bank Limited ₹74.61 Cr	Banks	2.55%	2.71%	+0.16%
8	The Phoenix Mills Limited ₹43.92 Cr	Realty	1.47%	1.60%	+0.13%
9	Bharti Hexacom Limited ₹49.12 Cr	Telecom - Services	1.67%	1.78%	+0.11%
10	Belrise Industries Ltd. ₹24.96 Cr	Auto Components	0.82%	0.91%	+0.09%
11	Adani Ports and Special Economic Zone Limited ₹13.49 Cr	Transport Infrastructure	0.41%	0.49%	+0.08%
12	Divi's Laboratories Limited ₹49.25 Cr	Pharmaceuticals & Biotechnology	1.71%	1.79%	+0.08%
13	Black Buck Ltd ₹26.64 Cr	Transport Services	0.89%	0.97%	+0.08%
14	Adani Enterprises Limited ₹28.17 Cr	Metals & Minerals Trading	0.95%	1.02%	+0.07%
15	Blue Star Limited ₹18.98 Cr	Consumer Durables	0.62%	0.69%	+0.07%
16	JK Cement Limited ₹29.70 Cr	Cement & Cement Products	1.01%	1.08%	+0.07%
17	Sai Life Sciences Limited ₹19.06 Cr	Pharmaceuticals & Biotechnology	0.62%	0.69%	+0.07%
18	Solar Industries India Limited ₹39.60 Cr	Chemicals & Petrochemicals	1.38%	1.44%	+0.06%
19	Senores Pharmaceuticals Ltd ₹59.53 Cr	Pharmaceuticals & Biotechnology	2.10%	2.16%	+0.06%
20	Oil & Natural Gas Corporation Limited ₹44.66 Cr	Oil	1.57%	1.62%	+0.05%
21	Multi Commodity Exchange of India Limited ₹48.85 Cr	Capital Markets	1.72%	1.77%	+0.05%
22	APL Apollo Tubes Limited ₹22.56 Cr	Industrial Products	0.78%	0.82%	+0.04%
23	Radico Khaitan Limited ₹34.49 Cr	Beverages	1.21%	1.25%	+0.04%
24	PTC Industries Limited ₹18.42 Cr	Industrial Products	0.63%	0.67%	+0.04%
25	UltraTech Cement Limited ₹21.15 Cr	Cement & Cement Products	0.75%	0.77%	+0.02%
26	Jindal Steel Limited ₹53.23 Cr	Ferrous Metals	1.91%	1.93%	+0.02%
27	Marico Limited ₹26.41 Cr	Agricultural Food & other Products	0.94%	0.96%	+0.02%
28	Axis Bank Limited ₹77.24 Cr	Banks	2.80%	2.81%	+0.01%
29	InterGlobe Aviation Limited ₹32.00 Cr	Transport Services	1.15%	1.16%	+0.01%
30	Persistent Systems Limited ₹27.19 Cr	IT - Software	0.98%	0.99%	+0.01%
31	IDFC First Bank Limited ₹41.53 Cr	Banks	1.50%	1.51%	+0.01%
32	Torrent Pharmaceuticals Limited ₹34.88 Cr	Pharmaceuticals & Biotechnology	1.26%	1.27%	+0.01%
33	GE Vernova T&D India Limited ₹34.45 Cr	Electrical Equipment	1.24%	1.25%	+0.01%
34	JSW Energy Limited ₹38.34 Cr	Power	1.38%	1.39%	+0.01%
35	Aditya Birla Sun Life AMC Limited ₹21.40 Cr	Capital Markets	0.77%	0.78%	+0.01%

#	Stock	Sector	Aug 2026	Sep 2026	Change
1	IndusInd Bank Limited ₹56.24 Cr	Banks	2.70%	2.04%	-0.66%
2	PB Fintech Limited ₹20.85 Cr	Financial Technology (Fintech)	1.25%	0.76%	-0.49%
3	IIFL Finance Limited ₹14.87 Cr	Finance	1.03%	0.54%	-0.49%
4	Mahindra & Mahindra Limited ₹34.81 Cr	Automobiles	1.64%	1.26%	-0.38%
5	Polycab India Limited ₹44.14 Cr	Industrial Products	1.77%	1.60%	-0.17%
6	ICICI Bank Limited ₹120.67 Cr	Banks	4.53%	4.38%	-0.15%
7	The Federal Bank Limited ₹75.86 Cr	Banks	2.91%	2.76%	-0.15%
8	L&T Finance Limited ₹26.31 Cr	Finance	1.09%	0.96%	-0.13%
9	Bharat Heavy Electricals Limited ₹47.20 Cr	Electrical Equipment	1.82%	1.71%	-0.11%
10	Shriram Finance Limited ₹41.47 Cr	Finance	1.60%	1.51%	-0.09%
11	Laurus Labs Limited ₹55.77 Cr	Pharmaceuticals & Biotechnology	2.12%	2.03%	-0.09%
12	Bajaj Auto Limited ₹48.05 Cr	Automobiles	1.83%	1.75%	-0.08%
13	State Bank of India ₹43.18 Cr	Banks	1.63%	1.57%	-0.06%
14	Titan Company Limited ₹35.32 Cr	Consumer Durables	1.34%	1.28%	-0.06%
15	Max Financial Services Limited ₹17.58 Cr	Insurance	0.69%	0.64%	-0.05%
16	Delhivery Limited ₹29.38 Cr	Transport Services	1.12%	1.07%	-0.05%
17	Cochin Shipyard Limited ₹19.73 Cr	Industrial Manufacturing	0.77%	0.72%	-0.05%
18	Bajaj Finance Limited ₹29.74 Cr	Finance	1.12%	1.08%	-0.04%
19	Indian Bank ₹20.07 Cr	Banks	0.76%	0.73%	-0.03%
20	UNO Minda Limited ₹32.99 Cr	Auto Components	1.23%	1.20%	-0.03%
21	Aarti Industries Limited ₹25.21 Cr	Chemicals & Petrochemicals	0.95%	0.92%	-0.03%
22	Reliance Industries Limited ₹53.30 Cr	Petroleum Products	1.96%	1.94%	-0.02%
23	Larsen & Toubro Limited ₹54.52 Cr	Construction	2.00%	1.98%	-0.02%
24	Apollo Hospitals Enterprise Limited ₹31.85 Cr	Healthcare Services	1.18%	1.16%	-0.02%
25	Vishal Mega Mart Limited ₹24.69 Cr	Retailing	0.92%	0.90%	-0.02%
26	Aditya Birla Capital Limited ₹48.79 Cr	Finance	1.79%	1.77%	-0.02%
27	Prestige Estates Projects Limited ₹18.97 Cr	Realty	0.71%	0.69%	-0.02%
28	Neuland Laboratories Limited ₹52.72 Cr	Pharmaceuticals & Biotechnology	1.94%	1.92%	-0.02%
29	Global Health Limited ₹29.79 Cr	Healthcare Services	1.10%	1.08%	-0.02%
30	Bharat Electronics Limited ₹32.03 Cr	Aerospace & Defense	1.17%	1.16%	-0.01%

What Stocks Does This Fund Hold?

69 stocks — Sep 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹120.67 Cr	Banks	4.38%
2	Eternal Limited ₹78.20 Cr	Retailing	2.84%
3	Axis Bank Limited ₹77.24 Cr	Banks	2.81%
4	The Federal Bank Limited ₹75.86 Cr	Banks	2.76%
5	HDFC Bank Limited ₹74.61 Cr	Banks	2.71%
6	Glenmark Pharmaceuticals Limited ₹65.06 Cr	Pharmaceuticals & Biotechnology	2.36%
7	Senores Pharmaceuticals Ltd ₹59.53 Cr	Pharmaceuticals & Biotechnology	2.16%
8	IndusInd Bank Limited ₹56.24 Cr	Banks	2.04%
9	Laurus Labs Limited ₹55.77 Cr	Pharmaceuticals & Biotechnology	2.03%
10	Larsen & Toubro Limited ₹54.52 Cr	Construction	1.98%
11	Reliance Industries Limited ₹53.30 Cr	Petroleum Products	1.94%
12	Jindal Steel Limited ₹53.23 Cr	Ferrous Metals	1.93%
13	Neuland Laboratories Limited ₹52.72 Cr	Pharmaceuticals & Biotechnology	1.92%
14	Divi's Laboratories Limited ₹49.25 Cr	Pharmaceuticals & Biotechnology	1.79%
15	Bharti Hexacom Limited ₹49.12 Cr	Telecom - Services	1.78%
16	Aditya Birla Capital Limited ₹48.79 Cr	Finance	1.77%
17	Multi Commodity Exchange of India Limited ₹48.85 Cr	Capital Markets	1.77%
18	Bajaj Auto Limited ₹48.05 Cr	Automobiles	1.75%
19	Bosch Limited ₹47.06 Cr	Auto Components	1.71%
20	Bharat Heavy Electricals Limited ₹47.20 Cr	Electrical Equipment	1.71%
21	Oil & Natural Gas Corporation Limited ₹44.66 Cr	Oil	1.62%
22	Polycab India Limited ₹44.14 Cr	Industrial Products	1.60%
23	The Phoenix Mills Limited ₹43.92 Cr	Realty	1.60%
24	State Bank of India ₹43.18 Cr	Banks	1.57%
25	IDFC First Bank Limited ₹41.53 Cr	Banks	1.51%
26	Shriram Finance Limited ₹41.47 Cr	Finance	1.51%
27	Solar Industries India Limited ₹39.60 Cr	Chemicals & Petrochemicals	1.44%
28	JSW Energy Limited ₹38.34 Cr	Power	1.39%
29	Coforge Limited ₹37.78 Cr	IT - Software	1.37%
30	Clean Max Enviro Energy Solutions Limited # ₹35.78 Cr	Power	1.30%
31	One 97 Communications Limited ₹35.51 Cr	Financial Technology (Fintech)	1.29%
32	Titan Company Limited ₹35.32 Cr	Consumer Durables	1.28%
33	Torrent Pharmaceuticals Limited ₹34.88 Cr	Pharmaceuticals & Biotechnology	1.27%
34	Mahindra & Mahindra Limited ₹34.81 Cr	Automobiles	1.26%
35	GE Vernova T&D India Limited ₹34.45 Cr	Electrical Equipment	1.25%
36	Radico Khaitan Limited ₹34.49 Cr	Beverages	1.25%
37	360 One WAM Limited ₹33.99 Cr	Capital Markets	1.23%
38	UNO Minda Limited ₹32.99 Cr	Auto Components	1.20%
39	InterGlobe Aviation Limited ₹32.00 Cr	Transport Services	1.16%
40	Bharat Electronics Limited ₹32.03 Cr	Aerospace & Defense	1.16%
41	Tech Mahindra Limited ₹31.86 Cr	IT - Software	1.16%
42	Apollo Hospitals Enterprise Limited ₹31.85 Cr	Healthcare Services	1.16%
43	Bajaj Finance Limited ₹29.74 Cr	Finance	1.08%
44	JK Cement Limited ₹29.70 Cr	Cement & Cement Products	1.08%
45	Global Health Limited ₹29.79 Cr	Healthcare Services	1.08%
46	Delhivery Limited ₹29.38 Cr	Transport Services	1.07%
47	Adani Enterprises Limited ₹28.17 Cr	Metals & Minerals Trading	1.02%
48	Persistent Systems Limited ₹27.19 Cr	IT - Software	0.99%
49	Black Buck Ltd ₹26.64 Cr	Transport Services	0.97%
50	Marico Limited ₹26.41 Cr	Agricultural Food & other Products	0.96%
51	L&T Finance Limited ₹26.31 Cr	Finance	0.96%
52	Aarti Industries Limited ₹25.21 Cr	Chemicals & Petrochemicals	0.92%
53	Belrise Industries Ltd. ₹24.96 Cr	Auto Components	0.91%
54	Vishal Mega Mart Limited ₹24.69 Cr	Retailing	0.90%
55	APL Apollo Tubes Limited ₹22.56 Cr	Industrial Products	0.82%
56	Hindustan Aeronautics Limited ₹21.94 Cr	Aerospace & Defense	0.80%
57	Aditya Birla Sun Life AMC Limited ₹21.40 Cr	Capital Markets	0.78%
58	Acutaas Chemicals Ltd ₹21.48 Cr	Pharmaceuticals & Biotechnology	0.78%
59	UltraTech Cement Limited ₹21.15 Cr	Cement & Cement Products	0.77%
60	PB Fintech Limited ₹20.85 Cr	Financial Technology (Fintech)	0.76%
61	Indian Bank ₹20.07 Cr	Banks	0.73%
62	Cochin Shipyard Limited ₹19.73 Cr	Industrial Manufacturing	0.72%
63	Sai Life Sciences Limited ₹19.06 Cr	Pharmaceuticals & Biotechnology	0.69%
64	Blue Star Limited ₹18.98 Cr	Consumer Durables	0.69%
65	Prestige Estates Projects Limited ₹18.97 Cr	Realty	0.69%
66	PTC Industries Limited ₹18.42 Cr	Industrial Products	0.67%
67	Max Financial Services Limited ₹17.58 Cr	Insurance	0.64%
68	IIFL Finance Limited ₹14.87 Cr	Finance	0.54%
69	Adani Ports and Special Economic Zone Limited ₹13.49 Cr	Transport Infrastructure	0.49%