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 Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹603.24 Cr

Equity only, excl. debt & cash

Top 5 Weight

13.9%

Diversified

Top 10 Weight

20.7%

Diversified

Changes

1 new · 4 exits

Top Sector

Banks

11.5% of portfolio

📋 What Happened This Month Mahindra Manulife Multi Asset Allocation Fund made 1 new addition and exited 4 stocks this month. The biggest new buy was K.P.R. Mill Limited (Textiles & Apparels) at 0.56% weight. Voltas Limited was the biggest exit (Consumer Durables), which was held at 0.51%. Among existing holdings, Reliance Industries Limited saw the biggest increase — now at 2.66% of the portfolio. Larsen & Toubro Limited was trimmed the most, now at 1.15%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 11.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

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

-1.18%

+0.39%

+2.01%

+15.04%

Latest NAV

₹13.86

04 Jun 2026

52W High

₹14.37

-4% from High

52W Low

₹10.85

+28% 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 ₹13.86 04 Jun 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: ₹13.86

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	11.5%	11.6%	● +0.1%
Pharmaceuticals & Biotechnology	4.4%	5.0%	▲ +0.6%
Power	2.0%	3.2%	▲ +1.2%
IT - Software	3.5%	3.2%	▼ -0.3%
Industrial Products	3.1%	3.0%	▼ -0.1%
Petroleum Products	2.9%	2.9%	● +0.0%
Construction	3.0%	2.7%	▼ -0.2%
Telecom - Services	2.0%	2.5%	▲ +0.5%
Finance	2.9%	2.3%	▼ -0.6%
Auto Components	2.0%	2.1%	▲ +0.1%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	11.6%	11.5%	▼ -0.1%
Pharmaceuticals & Biotechnology	5.0%	4.9%	● -0.1%
Industrial Products	3.0%	3.3%	▲ +0.3%
Power	3.2%	3.3%	▲ +0.1%
IT - Software	3.2%	3.2%	● 0.0%
Petroleum Products	2.9%	2.7%	▼ -0.2%
Telecom - Services	2.5%	2.5%	● 0.0%
Finance	2.3%	2.4%	▲ +0.1%
Retailing	2.1%	2.1%	● +0.0%
Cement & Cement Products	2.0%	2.0%	● 0.0%

🟢

Biggest New Buy

K.P.R. Mill Limited

0.56% weight · Textiles & Apparels

🔴

Biggest Exit

Voltas Limited

0.51% was held · Consumer Durables

↑

Biggest Add

Reliance Industries Limited

+0.27% · now 2.66%

↓

Biggest Trim

Larsen & Toubro Limited

-0.45% · now 1.15%

🤝 Other funds also bought this month

K.P.R. Mill Limited 16 funds

👋 Other funds also exited

Indian Oil Corporation Limited 10 funds

Voltas Limited 6 funds

Afcons Infrastructure Limited 2 funds

Asahi India Glass Limited 1 fund

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

🟢 1 New Entry 🔴 4 Exits ↑ 29 Increased ↓ 18 Decreased

#	Stock	Sector	Weight (Apr 2026)
1	K.P.R. Mill Limited ₹6.11 Cr	Textiles & Apparels	0.56%

#	Stock	Sector	Last Weight (Mar 2026)
1	Voltas Limited ₹5.22 Cr	Consumer Durables	0.51%
2	Indian Oil Corporation Limited ₹5.17 Cr	Petroleum Products	0.51%
3	Afcons Infrastructure Limited ₹4.79 Cr	Construction	0.47%
4	Asahi India Glass Limited ₹4.49 Cr	Auto Components	0.44%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Reliance Industries Limited ₹29.16 Cr	Petroleum Products	2.39%	2.66%	+0.27%
2	Oil & Natural Gas Corporation Limited ₹8.88 Cr	Oil	0.59%	0.81%	+0.22%
3	Persistent Systems Limited ₹8.54 Cr	IT - Software	0.61%	0.78%	+0.17%
4	Tata Power Company Limited ₹13.34 Cr	Power	1.11%	1.22%	+0.11%
5	ISGEC HEAVY ENGINEERING LIMITED ₹8.19 Cr	Construction	0.64%	0.75%	+0.11%
6	Inox India Limited ₹8.08 Cr	Industrial Products	0.64%	0.74%	+0.10%
7	Hindustan Aeronautics Limited ₹7.68 Cr	Aerospace & Defense	0.60%	0.70%	+0.10%
8	Kirloskar Brothers Limited ₹7.06 Cr	Industrial Products	0.54%	0.64%	+0.10%
9	Nippon Life India Asset Management Limited ₹6.56 Cr	Capital Markets	0.51%	0.60%	+0.09%
10	Shriram Pistons & Rings Limited ₹12.71 Cr	Auto Components	1.08%	1.16%	+0.08%
11	Carborundum Universal Limited ₹6.55 Cr	Industrial Products	0.52%	0.60%	+0.08%
12	Hindalco Industries Limited ₹10.15 Cr	Non - Ferrous Metals	0.85%	0.92%	+0.07%
13	Bajaj Finance Limited ₹10.03 Cr	Finance	0.84%	0.91%	+0.07%
14	L&T Finance Limited ₹8.57 Cr	Finance	0.72%	0.78%	+0.06%
15	GAIL (India) Limited ₹6.45 Cr	Gas	0.53%	0.59%	+0.06%
16	S P Apparels Ltd ₹8.04 Cr	Textiles & Apparels	0.68%	0.73%	+0.05%
17	Anthem Biosciences Limited ₹8.00 Cr	Pharmaceuticals & Biotechnology	0.68%	0.73%	+0.05%
18	State Bank of India ₹21.95 Cr	Banks	1.97%	2.00%	+0.03%
19	Divi's Laboratories Limited ₹17.18 Cr	Pharmaceuticals & Biotechnology	1.54%	1.57%	+0.03%
20	Tata Steel Limited ₹12.80 Cr	Ferrous Metals	1.14%	1.17%	+0.03%
21	Tata Consumer Products Limited ₹6.98 Cr	Agricultural Food & other Products	0.61%	0.64%	+0.03%
22	Technocraft Industries (India) Limited ₹6.62 Cr	Industrial Products	0.57%	0.60%	+0.03%
23	Axis Bank Limited ₹15.60 Cr	Banks	1.40%	1.42%	+0.02%
24	Aditya Vision Ltd ₹13.61 Cr	Retailing	1.22%	1.24%	+0.02%
25	Kotak Mahindra Bank Limited ₹9.67 Cr	Banks	0.87%	0.88%	+0.01%
26	ITC Limited ₹8.33 Cr	Diversified FMCG	0.75%	0.76%	+0.01%
27	Grasim Industries Limited ₹8.03 Cr	Cement & Cement Products	0.72%	0.73%	+0.01%
28	Maruti Suzuki India Limited ₹7.08 Cr	Automobiles	0.64%	0.65%	+0.01%
29	Hindustan Unilever Limited ₹5.72 Cr	Diversified FMCG	0.51%	0.52%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Larsen & Toubro Limited ₹12.64 Cr	Construction	1.60%	1.15%	-0.45%
2	Infosys Limited ₹14.23 Cr	IT - Software	1.48%	1.30%	-0.18%
3	HDFC Bank Limited ₹42.38 Cr	Banks	3.94%	3.86%	-0.08%
4	ICICI Bank Limited ₹31.42 Cr	Banks	2.94%	2.86%	-0.08%
5	Acutaas Chemicals Ltd ₹10.12 Cr	Pharmaceuticals & Biotechnology	0.98%	0.92%	-0.06%
6	Sun Pharmaceutical Industries Limited ₹12.75 Cr	Pharmaceuticals & Biotechnology	1.21%	1.16%	-0.05%
7	Bharti Airtel Limited ₹27.13 Cr	Telecom - Services	2.51%	2.47%	-0.04%
8	Coromandel International Limited ₹12.16 Cr	Fertilizers & Agrochemicals	1.15%	1.11%	-0.04%
9	Tega Industries Limited ₹6.22 Cr	Industrial Manufacturing	0.61%	0.57%	-0.04%
10	Mahindra & Mahindra Limited ₹11.31 Cr	Automobiles	1.06%	1.03%	-0.03%
11	Archean Chemical Industries Limited ₹6.07 Cr	Chemicals & Petrochemicals	0.58%	0.55%	-0.03%
12	SBI Life Insurance Company Limited ₹6.01 Cr	Insurance	0.58%	0.55%	-0.03%
13	Union Bank of India ₹5.14 Cr	Banks	0.50%	0.47%	-0.03%
14	JK Cement Limited ₹6.23 Cr	Cement & Cement Products	0.59%	0.57%	-0.02%
15	Gland Pharma Limited ₹6.02 Cr	Pharmaceuticals & Biotechnology	0.57%	0.55%	-0.02%
16	SRF Limited ₹5.29 Cr	Chemicals & Petrochemicals	0.50%	0.48%	-0.02%
17	Tech Mahindra Limited ₹11.83 Cr	IT - Software	1.09%	1.08%	-0.01%
18	Shree Cement Limited ₹7.45 Cr	Cement & Cement Products	0.69%	0.68%	-0.01%

Full Portfolio

55 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹42.38 Cr	Banks	3.86%
2	ICICI Bank Limited ₹31.42 Cr	Banks	2.86%
3	Reliance Industries Limited ₹29.16 Cr	Petroleum Products	2.66%
4	Bharti Airtel Limited ₹27.13 Cr	Telecom - Services	2.47%
5	State Bank of India ₹21.95 Cr	Banks	2.00%
6	Divi's Laboratories Limited ₹17.18 Cr	Pharmaceuticals & Biotechnology	1.57%
7	Axis Bank Limited ₹15.60 Cr	Banks	1.42%
8	Infosys Limited ₹14.23 Cr	IT - Software	1.30%
9	NTPC Limited ₹14.10 Cr	Power	1.28%
10	Aditya Vision Ltd ₹13.61 Cr	Retailing	1.24%
11	Tata Power Company Limited ₹13.34 Cr	Power	1.22%
12	Tata Steel Limited ₹12.80 Cr	Ferrous Metals	1.17%
13	Sun Pharmaceutical Industries Limited ₹12.75 Cr	Pharmaceuticals & Biotechnology	1.16%
14	Shriram Pistons & Rings Limited ₹12.71 Cr	Auto Components	1.16%
15	Larsen & Toubro Limited ₹12.64 Cr	Construction	1.15%
16	Coromandel International Limited ₹12.16 Cr	Fertilizers & Agrochemicals	1.11%
17	Tech Mahindra Limited ₹11.83 Cr	IT - Software	1.08%
18	Mahindra & Mahindra Limited ₹11.31 Cr	Automobiles	1.03%
19	Hindalco Industries Limited ₹10.15 Cr	Non - Ferrous Metals	0.92%
20	Acutaas Chemicals Ltd ₹10.12 Cr	Pharmaceuticals & Biotechnology	0.92%
21	Bajaj Finance Limited ₹10.03 Cr	Finance	0.91%
22	Kotak Mahindra Bank Limited ₹9.67 Cr	Banks	0.88%
23	Eternal Limited ₹9.14 Cr	Retailing	0.83%
24	Power Grid Corporation of India Limited ₹8.91 Cr	Power	0.81%
25	Oil & Natural Gas Corporation Limited ₹8.88 Cr	Oil	0.81%
26	L&T Finance Limited ₹8.57 Cr	Finance	0.78%
27	Persistent Systems Limited ₹8.54 Cr	IT - Software	0.78%
28	ITC Limited ₹8.33 Cr	Diversified FMCG	0.76%
29	ISGEC HEAVY ENGINEERING LIMITED ₹8.19 Cr	Construction	0.75%
30	Shriram Finance Limited ₹8.25 Cr	Finance	0.75%
31	PTC Industries Limited ₹8.09 Cr	Industrial Products	0.74%
32	Inox India Limited ₹8.08 Cr	Industrial Products	0.74%
33	S P Apparels Ltd ₹8.04 Cr	Textiles & Apparels	0.73%
34	Grasim Industries Limited ₹8.03 Cr	Cement & Cement Products	0.73%
35	Anthem Biosciences Limited ₹8.00 Cr	Pharmaceuticals & Biotechnology	0.73%
36	Hindustan Aeronautics Limited ₹7.68 Cr	Aerospace & Defense	0.70%
37	Shree Cement Limited ₹7.45 Cr	Cement & Cement Products	0.68%
38	Maruti Suzuki India Limited ₹7.08 Cr	Automobiles	0.65%
39	Kirloskar Brothers Limited ₹7.06 Cr	Industrial Products	0.64%
40	Tata Consumer Products Limited ₹6.98 Cr	Agricultural Food & other Products	0.64%
41	LG Balakrishnan & Bros Limited ₹6.80 Cr	Auto Components	0.62%
42	Technocraft Industries (India) Limited ₹6.62 Cr	Industrial Products	0.60%
43	Carborundum Universal Limited ₹6.55 Cr	Industrial Products	0.60%
44	Nippon Life India Asset Management Limited ₹6.56 Cr	Capital Markets	0.60%
45	GAIL (India) Limited ₹6.45 Cr	Gas	0.59%
46	JK Cement Limited ₹6.23 Cr	Cement & Cement Products	0.57%
47	Tega Industries Limited ₹6.22 Cr	Industrial Manufacturing	0.57%
48	K.P.R. Mill Limited ₹6.11 Cr	Textiles & Apparels	0.56%
49	Archean Chemical Industries Limited ₹6.07 Cr	Chemicals & Petrochemicals	0.55%
50	Gland Pharma Limited ₹6.02 Cr	Pharmaceuticals & Biotechnology	0.55%
51	SBI Life Insurance Company Limited ₹6.01 Cr	Insurance	0.55%
52	Triveni Engineering & Industries Limited ₹5.87 Cr	Agricultural Food & other Products	0.53%
53	Hindustan Unilever Limited ₹5.72 Cr	Diversified FMCG	0.52%
54	SRF Limited ₹5.29 Cr	Chemicals & Petrochemicals	0.48%
55	Union Bank of India ₹5.14 Cr	Banks	0.47%