What stocks does Mahindra Manulife Multi Asset Allocation Fund hold?

Mahindra Manulife Multi Asset Allocation 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 Multi Asset Allocation Fund?

Mahindra Manulife Multi Asset Allocation Fund is managed by Mahindra Manulife Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Mahindra Manulife Multi Asset Allocation Fund?

Mahindra Manulife Multi Asset Allocation Fund is classified as a Multi Asset mutual fund under SEBI's mutual fund categorisation framework.

How often is Mahindra Manulife Multi Asset Allocation Fund portfolio data updated?

Portfolio holdings for Mahindra Manulife Multi Asset Allocation 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 Multi Asset Allocation Fund- Direct Plan - Growth

Multi Asset Data as of Jun 2026 Comparing May 2026 → Jun 2026

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Stocks Held

Jun 2026

Equity Holdings

₹639.59 Cr

Equity only, excl. debt & cash

Top 5 Weight

14.3%

Diversified

Top 10 Weight

21.4%

Diversified

Changes

7 new · 3 exits

Top Sector

Banks

13.0% of portfolio

📋 What Happened This Month Mahindra Manulife Multi Asset Allocation Fund made 7 new additions and exited 3 stocks this month. The biggest new buy was Aegis Logistics Limited (Gas) at 0.68% weight. Acutaas Chemicals Ltd was the biggest exit (Pharmaceuticals & Biotechnology), which was held at 1.09%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 3.72% of the portfolio. Hindalco Industries Limited was trimmed the most, now at 0.44%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 13.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - Growth

+1.47%

+2.08%

+2.31%

+15.29%

Latest NAV

₹14.22

14 Jul 2026

52W High

₹14.37

-1% from High

52W Low

₹10.85

+31% from Low

Calendar Year Returns

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

2025

+22.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

16.8%

+ve in 100% windows

27.8% / 8.2%

Crisis Period Behaviour

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

2024–25 Tariff

-6.3%

Rec: Apr 2025 (2 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹14.22 14 Jul 2026

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

Mahindra Manulife Multi Asset Allocation Fund- Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹14.22

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	11.5%	11.0%	▼ -0.5%
Pharmaceuticals & Biotechnology	4.9%	5.2%	▲ +0.3%
Industrial Products	3.3%	3.3%	● 0.0%
IT - Software	3.2%	3.2%	● 0.0%
Power	3.3%	3.1%	▼ -0.2%
Finance	2.4%	2.4%	● 0.0%
Petroleum Products	2.7%	2.4%	▼ -0.3%
Telecom - Services	2.5%	2.4%	▼ -0.1%
Retailing	2.1%	2.1%	● 0.0%
Cement & Cement Products	2.0%	2.1%	● +0.1%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	11.0%	13.0%	▲ +2.0%
Pharmaceuticals & Biotechnology	5.2%	4.1%	▼ -1.1%
Industrial Products	3.3%	3.4%	▲ +0.1%
IT - Software	3.2%	2.9%	▼ -0.2%
Petroleum Products	2.4%	2.8%	▲ +0.4%
Power	3.1%	2.8%	▼ -0.3%
Finance	2.4%	2.6%	▲ +0.2%
Retailing	2.1%	2.3%	▲ +0.3%
Telecom - Services	2.4%	2.3%	● 0.0%
Cement & Cement Products	2.1%	2.0%	● 0.0%

🟢

Biggest New Buy

Aegis Logistics Limited

0.68% weight · Gas

🔴

Biggest Exit

Acutaas Chemicals Ltd

1.09% was held · Pharmaceuticals & Biotechnology

↑

Biggest Add

ICICI Bank Limited

+0.92% · now 3.72%

↓

Biggest Trim

Hindalco Industries Limited

-0.55% · now 0.44%

🤝 Other funds also bought this month

InterGlobe Aviation Limited 42 funds

Tata Motors Ltd 23 funds

TVS Motor Company Limited 21 funds

Bharat Electronics Limited 18 funds

Hindustan Petroleum Corporation Limited 18 funds

Aegis Logistics Limited 6 funds

👋 Other funds also exited

Acutaas Chemicals Ltd 8 funds

Carborundum Universal Limited 3 funds

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

🟢 7 New Entries 🔴 3 Exits ↑ 24 Increased ↓ 25 Decreased

#	Stock	Sector	Weight (Jun 2026)
1	Aegis Logistics Limited ₹7.87 Cr	Gas	0.68%
2	InterGlobe Aviation Limited ₹7.52 Cr	Transport Services	0.65%
3	Tata Motors Ltd ₹6.47 Cr	Agricultural, Commercial & Construction Vehicles	0.56%
4	Bharat Electronics Limited ₹6.34 Cr	Aerospace & Defense	0.55%
5	Hindustan Petroleum Corporation Limited ₹6.31 Cr	Petroleum Products	0.55%
6	TVS Motor Company Limited ₹6.16 Cr	Automobiles	0.53%
7	Ingersoll Rand (India) Limited ₹6.08 Cr	Industrial Products	0.53%

#	Stock	Sector	Last Weight (May 2026)
1	Acutaas Chemicals Ltd ₹12.22 Cr	Pharmaceuticals & Biotechnology	1.09%
2	Carborundum Universal Limited ₹7.08 Cr	Industrial Products	0.63%
3	Triveni Engineering & Industries Limited ₹5.36 Cr	Agricultural Food & other Products	0.48%

#	Stock	Sector	May 2026	Jun 2026	Change
1	ICICI Bank Limited ₹42.87 Cr	Banks	2.80%	3.72%	+0.92%
2	Kotak Mahindra Bank Limited ₹15.98 Cr	Banks	0.87%	1.39%	+0.52%
3	HDFC Bank Limited ₹47.81 Cr	Banks	3.66%	4.15%	+0.49%
4	Aditya Vision Ltd ₹17.07 Cr	Retailing	1.24%	1.48%	+0.24%
5	Shriram Pistons & Rings Limited ₹15.25 Cr	Auto Components	1.10%	1.32%	+0.22%
6	S P Apparels Ltd ₹10.40 Cr	Textiles & Apparels	0.69%	0.90%	+0.21%
7	Inox India Limited ₹10.86 Cr	Industrial Products	0.74%	0.94%	+0.20%
8	Coromandel International Limited ₹12.30 Cr	Fertilizers & Agrochemicals	0.96%	1.07%	+0.11%
9	K.P.R. Mill Limited ₹7.67 Cr	Textiles & Apparels	0.56%	0.67%	+0.11%
10	State Bank of India ₹21.09 Cr	Banks	1.77%	1.83%	+0.06%
11	Bajaj Finance Limited ₹10.75 Cr	Finance	0.87%	0.93%	+0.06%
12	Persistent Systems Limited ₹10.30 Cr	IT - Software	0.83%	0.89%	+0.06%
13	Gland Pharma Limited ₹8.58 Cr	Pharmaceuticals & Biotechnology	0.69%	0.75%	+0.06%
14	Shriram Finance Limited ₹9.17 Cr	Finance	0.75%	0.80%	+0.05%
15	L&T Finance Limited ₹9.52 Cr	Finance	0.79%	0.83%	+0.04%
16	Maruti Suzuki India Limited ₹7.51 Cr	Automobiles	0.62%	0.65%	+0.03%
17	Axis Bank Limited ₹16.55 Cr	Banks	1.42%	1.44%	+0.02%
18	Eternal Limited ₹9.79 Cr	Retailing	0.83%	0.85%	+0.02%
19	PTC Industries Limited ₹8.63 Cr	Industrial Products	0.73%	0.75%	+0.02%
20	Nippon Life India Asset Management Limited ₹7.55 Cr	Capital Markets	0.64%	0.66%	+0.02%
21	LG Balakrishnan & Bros Limited ₹6.17 Cr	Auto Components	0.52%	0.54%	+0.02%
22	Sun Pharmaceutical Industries Limited ₹13.13 Cr	Pharmaceuticals & Biotechnology	1.13%	1.14%	+0.01%
23	GAIL (India) Limited ₹6.85 Cr	Gas	0.58%	0.59%	+0.01%
24	JK Cement Limited ₹6.42 Cr	Cement & Cement Products	0.55%	0.56%	+0.01%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Hindalco Industries Limited ₹5.05 Cr	Non - Ferrous Metals	0.99%	0.44%	-0.55%
2	Oil & Natural Gas Corporation Limited ₹3.44 Cr	Oil	0.70%	0.30%	-0.40%
3	Mahindra & Mahindra Limited ₹8.13 Cr	Automobiles	0.99%	0.71%	-0.28%
4	Infosys Limited ₹12.05 Cr	IT - Software	1.25%	1.05%	-0.20%
5	ITC Limited ₹5.72 Cr	Diversified FMCG	0.68%	0.50%	-0.18%
6	Tata Steel Limited ₹11.39 Cr	Ferrous Metals	1.13%	0.99%	-0.14%
7	NTPC Limited ₹12.60 Cr	Power	1.22%	1.09%	-0.13%
8	Tata Power Company Limited ₹11.57 Cr	Power	1.13%	1.00%	-0.13%
9	Reliance Industries Limited ₹26.37 Cr	Petroleum Products	2.41%	2.29%	-0.12%
10	Tech Mahindra Limited ₹11.28 Cr	IT - Software	1.07%	0.98%	-0.09%
11	Divi's Laboratories Limited ₹17.38 Cr	Pharmaceuticals & Biotechnology	1.58%	1.51%	-0.07%
12	Tata Consumer Products Limited ₹6.56 Cr	Agricultural Food & other Products	0.64%	0.57%	-0.07%
13	Bharti Airtel Limited ₹26.63 Cr	Telecom - Services	2.35%	2.31%	-0.04%
14	Tega Industries Limited ₹6.35 Cr	Industrial Manufacturing	0.59%	0.55%	-0.04%
15	Grasim Industries Limited ₹8.91 Cr	Cement & Cement Products	0.80%	0.77%	-0.03%
16	Power Grid Corporation of India Limited ₹8.02 Cr	Power	0.73%	0.70%	-0.03%
17	ISGEC HEAVY ENGINEERING LIMITED ₹6.95 Cr	Construction	0.63%	0.60%	-0.03%
18	SBI Life Insurance Company Limited ₹5.84 Cr	Insurance	0.54%	0.51%	-0.03%
19	Larsen & Toubro Limited ₹13.05 Cr	Construction	1.15%	1.13%	-0.02%
20	Anthem Biosciences Limited ₹8.11 Cr	Pharmaceuticals & Biotechnology	0.72%	0.70%	-0.02%
21	Shree Cement Limited ₹7.77 Cr	Cement & Cement Products	0.70%	0.68%	-0.02%
22	Hindustan Unilever Limited ₹5.38 Cr	Diversified FMCG	0.49%	0.47%	-0.02%
23	Archean Chemical Industries Limited ₹5.22 Cr	Chemicals & Petrochemicals	0.47%	0.45%	-0.02%
24	Hindustan Aeronautics Limited ₹7.75 Cr	Aerospace & Defense	0.68%	0.67%	-0.01%
25	Union Bank of India ₹5.35 Cr	Banks	0.47%	0.46%	-0.01%

What Stocks Does This Fund Hold?

58 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹47.81 Cr	Banks	4.15%
2	ICICI Bank Limited ₹42.87 Cr	Banks	3.72%
3	Bharti Airtel Limited ₹26.63 Cr	Telecom - Services	2.31%
4	Reliance Industries Limited ₹26.37 Cr	Petroleum Products	2.29%
5	State Bank of India ₹21.09 Cr	Banks	1.83%
6	Divi's Laboratories Limited ₹17.38 Cr	Pharmaceuticals & Biotechnology	1.51%
7	Aditya Vision Ltd ₹17.07 Cr	Retailing	1.48%
8	Axis Bank Limited ₹16.55 Cr	Banks	1.44%
9	Kotak Mahindra Bank Limited ₹15.98 Cr	Banks	1.39%
10	Shriram Pistons & Rings Limited ₹15.25 Cr	Auto Components	1.32%
11	Sun Pharmaceutical Industries Limited ₹13.13 Cr	Pharmaceuticals & Biotechnology	1.14%
12	Larsen & Toubro Limited ₹13.05 Cr	Construction	1.13%
13	NTPC Limited ₹12.60 Cr	Power	1.09%
14	Coromandel International Limited ₹12.30 Cr	Fertilizers & Agrochemicals	1.07%
15	Infosys Limited ₹12.05 Cr	IT - Software	1.05%
16	Tata Power Company Limited ₹11.57 Cr	Power	1.00%
17	Tata Steel Limited ₹11.39 Cr	Ferrous Metals	0.99%
18	Tech Mahindra Limited ₹11.28 Cr	IT - Software	0.98%
19	Inox India Limited ₹10.86 Cr	Industrial Products	0.94%
20	Bajaj Finance Limited ₹10.75 Cr	Finance	0.93%
21	S P Apparels Ltd ₹10.40 Cr	Textiles & Apparels	0.90%
22	Persistent Systems Limited ₹10.30 Cr	IT - Software	0.89%
23	Eternal Limited ₹9.79 Cr	Retailing	0.85%
24	L&T Finance Limited ₹9.52 Cr	Finance	0.83%
25	Shriram Finance Limited ₹9.17 Cr	Finance	0.80%
26	Grasim Industries Limited ₹8.91 Cr	Cement & Cement Products	0.77%
27	PTC Industries Limited ₹8.63 Cr	Industrial Products	0.75%
28	Gland Pharma Limited ₹8.58 Cr	Pharmaceuticals & Biotechnology	0.75%
29	Mahindra & Mahindra Limited ₹8.13 Cr	Automobiles	0.71%
30	Anthem Biosciences Limited ₹8.11 Cr	Pharmaceuticals & Biotechnology	0.70%
31	Power Grid Corporation of India Limited ₹8.02 Cr	Power	0.70%
32	Aegis Logistics Limited ₹7.87 Cr	Gas	0.68%
33	Shree Cement Limited ₹7.77 Cr	Cement & Cement Products	0.68%
34	Hindustan Aeronautics Limited ₹7.75 Cr	Aerospace & Defense	0.67%
35	K.P.R. Mill Limited ₹7.67 Cr	Textiles & Apparels	0.67%
36	Nippon Life India Asset Management Limited ₹7.55 Cr	Capital Markets	0.66%
37	InterGlobe Aviation Limited ₹7.52 Cr	Transport Services	0.65%
38	Maruti Suzuki India Limited ₹7.51 Cr	Automobiles	0.65%
39	ISGEC HEAVY ENGINEERING LIMITED ₹6.95 Cr	Construction	0.60%
40	Kirloskar Brothers Limited ₹6.92 Cr	Industrial Products	0.60%
41	GAIL (India) Limited ₹6.85 Cr	Gas	0.59%
42	Technocraft Industries (India) Limited ₹6.84 Cr	Industrial Products	0.59%
43	Tata Consumer Products Limited ₹6.56 Cr	Agricultural Food & other Products	0.57%
44	JK Cement Limited ₹6.42 Cr	Cement & Cement Products	0.56%
45	Tata Motors Ltd ₹6.47 Cr	Agricultural, Commercial & Construction Vehicles	0.56%
46	Tega Industries Limited ₹6.35 Cr	Industrial Manufacturing	0.55%
47	Bharat Electronics Limited ₹6.34 Cr	Aerospace & Defense	0.55%
48	Hindustan Petroleum Corporation Limited ₹6.31 Cr	Petroleum Products	0.55%
49	LG Balakrishnan & Bros Limited ₹6.17 Cr	Auto Components	0.54%
50	TVS Motor Company Limited ₹6.16 Cr	Automobiles	0.53%
51	Ingersoll Rand (India) Limited ₹6.08 Cr	Industrial Products	0.53%
52	SBI Life Insurance Company Limited ₹5.84 Cr	Insurance	0.51%
53	ITC Limited ₹5.72 Cr	Diversified FMCG	0.50%
54	Hindustan Unilever Limited ₹5.38 Cr	Diversified FMCG	0.47%
55	Union Bank of India ₹5.35 Cr	Banks	0.46%
56	Archean Chemical Industries Limited ₹5.22 Cr	Chemicals & Petrochemicals	0.45%
57	Hindalco Industries Limited ₹5.05 Cr	Non - Ferrous Metals	0.44%
58	Oil & Natural Gas Corporation Limited ₹3.44 Cr	Oil	0.30%