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 Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹643.27 Cr

Equity only, excl. debt & cash

AAUM

₹1,106.15 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

13.9%

Diversified

Top 10 Weight

20.9%

Diversified

Changes

2 new · 3 exits

Top Sector

Banks

12.3% of portfolio

Launch Date

20 Feb 2024

2 years old

AAUM (Average Assets Under Management) of ₹1,106.15 Cr for Apr-Jun 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 Multi Asset Allocation Fund made 2 new additions and exited 3 stocks this month. The biggest new buy was Oil India Limited (Oil) at 0.56% weight. Aegis Logistics Limited was the biggest exit (Gas), which was held at 0.68%. Among existing holdings, Divi's Laboratories Limited saw the biggest increase — now at 1.78% of the portfolio. HDFC Bank Limited was trimmed the most, now at 3.75%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 12.3%. ↓ 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

+3.79%

+5.13%

+3.88%

+18.53%

Latest NAV

₹14.68

24 Aug 2026

52W High

₹14.68

At High

52W Low

₹10.85

+35% 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 ₹14.68 24 Aug 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: ₹14.68

Sector Shift Industry allocation month-over-month

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%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	13.0%	12.3%	▼ -0.7%
Pharmaceuticals & Biotechnology	4.1%	4.4%	▲ +0.3%
IT - Software	2.9%	3.4%	▲ +0.4%
Industrial Products	3.4%	3.3%	▼ -0.1%
Power	2.8%	2.7%	▼ -0.1%
Finance	2.6%	2.6%	● +0.0%
Telecom - Services	2.3%	2.4%	● +0.1%
Retailing	2.3%	2.3%	● 0.0%
Petroleum Products	2.8%	2.2%	▼ -0.6%
Automobiles	1.9%	2.0%	▲ +0.1%

🟢

Biggest New Buy

Oil India Limited

0.56% weight · Oil

🔴

Biggest Exit

Aegis Logistics Limited

0.68% was held · Gas

↑

Biggest Add

Divi's Laboratories Limited

+0.27% · now 1.78%

↓

Biggest Trim

HDFC Bank Limited

-0.40% · now 3.75%

🤝 Other funds also bought this month

Oil India Limited 17 funds

Kajaria Ceramics Limited 5 funds

👋 Other funds also exited

InterGlobe Aviation Limited 55 funds

Hindustan Petroleum Corporation Limited 42 funds

Aegis Logistics Limited 10 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 2 New Entries 🔴 3 Exits ↑ 17 Increased ↓ 36 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Oil India Limited ₹6.65 Cr	Oil	0.56%
2	Kajaria Ceramics Limited ₹6.23 Cr	Consumer Durables	0.52%

#	Stock	Sector	Last 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	Hindustan Petroleum Corporation Limited ₹6.31 Cr	Petroleum Products	0.55%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Divi's Laboratories Limited ₹21.28 Cr	Pharmaceuticals & Biotechnology	1.51%	1.78%	+0.27%
2	Persistent Systems Limited ₹13.21 Cr	IT - Software	0.89%	1.10%	+0.21%
3	Oil & Natural Gas Corporation Limited ₹5.49 Cr	Oil	0.30%	0.46%	+0.16%
4	Tech Mahindra Limited ₹13.26 Cr	IT - Software	0.98%	1.11%	+0.13%
5	TVS Motor Company Limited ₹7.68 Cr	Automobiles	0.53%	0.64%	+0.11%
6	Hindalco Industries Limited ₹6.61 Cr	Non - Ferrous Metals	0.44%	0.55%	+0.11%
7	Infosys Limited ₹13.61 Cr	IT - Software	1.05%	1.14%	+0.09%
8	Bajaj Finance Limited ₹12.21 Cr	Finance	0.93%	1.02%	+0.09%
9	Eternal Limited ₹11.19 Cr	Retailing	0.85%	0.94%	+0.09%
10	Bharti Airtel Limited ₹28.36 Cr	Telecom - Services	2.31%	2.37%	+0.06%
11	Mahindra & Mahindra Limited ₹9.01 Cr	Automobiles	0.71%	0.75%	+0.04%
12	Sun Pharmaceutical Industries Limited ₹14.03 Cr	Pharmaceuticals & Biotechnology	1.14%	1.17%	+0.03%
13	ICICI Bank Limited ₹44.74 Cr	Banks	3.72%	3.74%	+0.02%
14	Shriram Pistons & Rings Limited ₹16.01 Cr	Auto Components	1.32%	1.34%	+0.02%
15	Hindustan Aeronautics Limited ₹8.22 Cr	Aerospace & Defense	0.67%	0.69%	+0.02%
16	Anthem Biosciences Limited ₹8.52 Cr	Pharmaceuticals & Biotechnology	0.70%	0.71%	+0.01%
17	SBI Life Insurance Company Limited ₹6.22 Cr	Insurance	0.51%	0.52%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	HDFC Bank Limited ₹44.83 Cr	Banks	4.15%	3.75%	-0.40%
2	Tega Industries Limited ₹2.63 Cr	Industrial Manufacturing	0.55%	0.22%	-0.33%
3	Axis Bank Limited ₹15.12 Cr	Banks	1.44%	1.26%	-0.18%
4	S P Apparels Ltd ₹9.06 Cr	Textiles & Apparels	0.90%	0.76%	-0.14%
5	GAIL (India) Limited ₹5.59 Cr	Gas	0.59%	0.47%	-0.12%
6	Aditya Vision Ltd ₹16.55 Cr	Retailing	1.48%	1.38%	-0.10%
7	K.P.R. Mill Limited ₹6.84 Cr	Textiles & Apparels	0.67%	0.57%	-0.10%
8	Larsen & Toubro Limited ₹12.41 Cr	Construction	1.13%	1.04%	-0.09%
9	ISGEC HEAVY ENGINEERING LIMITED ₹6.21 Cr	Construction	0.60%	0.52%	-0.08%
10	State Bank of India ₹21.10 Cr	Banks	1.83%	1.76%	-0.07%
11	Reliance Industries Limited ₹26.66 Cr	Petroleum Products	2.29%	2.23%	-0.06%
12	Kotak Mahindra Bank Limited ₹15.90 Cr	Banks	1.39%	1.33%	-0.06%
13	NTPC Limited ₹12.26 Cr	Power	1.09%	1.03%	-0.06%
14	Inox India Limited ₹10.58 Cr	Industrial Products	0.94%	0.88%	-0.06%
15	Bharat Electronics Limited ₹5.97 Cr	Aerospace & Defense	0.55%	0.50%	-0.05%
16	Tata Power Company Limited ₹11.42 Cr	Power	1.00%	0.96%	-0.04%
17	Ingersoll Rand (India) Limited ₹5.85 Cr	Industrial Products	0.53%	0.49%	-0.04%
18	Tata Steel Limited ₹11.49 Cr	Ferrous Metals	0.99%	0.96%	-0.03%
19	L&T Finance Limited ₹9.53 Cr	Finance	0.83%	0.80%	-0.03%
20	Shriram Finance Limited ₹9.21 Cr	Finance	0.80%	0.77%	-0.03%
21	Gland Pharma Limited ₹8.61 Cr	Pharmaceuticals & Biotechnology	0.75%	0.72%	-0.03%
22	Power Grid Corporation of India Limited ₹7.96 Cr	Power	0.70%	0.67%	-0.03%
23	Nippon Life India Asset Management Limited ₹7.55 Cr	Capital Markets	0.66%	0.63%	-0.03%
24	LG Balakrishnan & Bros Limited ₹6.14 Cr	Auto Components	0.54%	0.51%	-0.03%
25	ITC Limited ₹5.61 Cr	Diversified FMCG	0.50%	0.47%	-0.03%
26	Grasim Industries Limited ₹8.91 Cr	Cement & Cement Products	0.77%	0.75%	-0.02%
27	Maruti Suzuki India Limited ₹7.57 Cr	Automobiles	0.65%	0.63%	-0.02%
28	Tata Consumer Products Limited ₹6.60 Cr	Agricultural Food & other Products	0.57%	0.55%	-0.02%
29	JK Cement Limited ₹6.42 Cr	Cement & Cement Products	0.56%	0.54%	-0.02%
30	Hindustan Unilever Limited ₹5.34 Cr	Diversified FMCG	0.47%	0.45%	-0.02%
31	Union Bank of India ₹5.31 Cr	Banks	0.46%	0.44%	-0.02%
32	Coromandel International Limited ₹12.72 Cr	Fertilizers & Agrochemicals	1.07%	1.06%	-0.01%
33	Shree Cement Limited ₹8.02 Cr	Cement & Cement Products	0.68%	0.67%	-0.01%
34	Kirloskar Brothers Limited ₹7.01 Cr	Industrial Products	0.60%	0.59%	-0.01%
35	Technocraft Industries (India) Limited ₹6.88 Cr	Industrial Products	0.59%	0.58%	-0.01%
36	Archean Chemical Industries Limited ₹5.26 Cr	Chemicals & Petrochemicals	0.45%	0.44%	-0.01%

What Stocks Does This Fund Hold?

57 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹44.83 Cr	Banks	3.75%
2	ICICI Bank Limited ₹44.74 Cr	Banks	3.74%
3	Bharti Airtel Limited ₹28.36 Cr	Telecom - Services	2.37%
4	Reliance Industries Limited ₹26.66 Cr	Petroleum Products	2.23%
5	Divi's Laboratories Limited ₹21.28 Cr	Pharmaceuticals & Biotechnology	1.78%
6	State Bank of India ₹21.10 Cr	Banks	1.76%
7	Aditya Vision Ltd ₹16.55 Cr	Retailing	1.38%
8	Shriram Pistons & Rings Limited ₹16.01 Cr	Auto Components	1.34%
9	Kotak Mahindra Bank Limited ₹15.90 Cr	Banks	1.33%
10	Axis Bank Limited ₹15.12 Cr	Banks	1.26%
11	Sun Pharmaceutical Industries Limited ₹14.03 Cr	Pharmaceuticals & Biotechnology	1.17%
12	Infosys Limited ₹13.61 Cr	IT - Software	1.14%
13	Tech Mahindra Limited ₹13.26 Cr	IT - Software	1.11%
14	Persistent Systems Limited ₹13.21 Cr	IT - Software	1.10%
15	Coromandel International Limited ₹12.72 Cr	Fertilizers & Agrochemicals	1.06%
16	Larsen & Toubro Limited ₹12.41 Cr	Construction	1.04%
17	NTPC Limited ₹12.26 Cr	Power	1.03%
18	Bajaj Finance Limited ₹12.21 Cr	Finance	1.02%
19	Tata Steel Limited ₹11.49 Cr	Ferrous Metals	0.96%
20	Tata Power Company Limited ₹11.42 Cr	Power	0.96%
21	Eternal Limited ₹11.19 Cr	Retailing	0.94%
22	Inox India Limited ₹10.58 Cr	Industrial Products	0.88%
23	L&T Finance Limited ₹9.53 Cr	Finance	0.80%
24	Shriram Finance Limited ₹9.21 Cr	Finance	0.77%
25	S P Apparels Ltd ₹9.06 Cr	Textiles & Apparels	0.76%
26	Mahindra & Mahindra Limited ₹9.01 Cr	Automobiles	0.75%
27	PTC Industries Limited ₹8.93 Cr	Industrial Products	0.75%
28	Grasim Industries Limited ₹8.91 Cr	Cement & Cement Products	0.75%
29	Gland Pharma Limited ₹8.61 Cr	Pharmaceuticals & Biotechnology	0.72%
30	Anthem Biosciences Limited ₹8.52 Cr	Pharmaceuticals & Biotechnology	0.71%
31	Hindustan Aeronautics Limited ₹8.22 Cr	Aerospace & Defense	0.69%
32	Shree Cement Limited ₹8.02 Cr	Cement & Cement Products	0.67%
33	Power Grid Corporation of India Limited ₹7.96 Cr	Power	0.67%
34	TVS Motor Company Limited ₹7.68 Cr	Automobiles	0.64%
35	Maruti Suzuki India Limited ₹7.57 Cr	Automobiles	0.63%
36	Nippon Life India Asset Management Limited ₹7.55 Cr	Capital Markets	0.63%
37	Kirloskar Brothers Limited ₹7.01 Cr	Industrial Products	0.59%
38	Technocraft Industries (India) Limited ₹6.88 Cr	Industrial Products	0.58%
39	K.P.R. Mill Limited ₹6.84 Cr	Textiles & Apparels	0.57%
40	Tata Motors Ltd ₹6.68 Cr	Agricultural, Commercial & Construction Vehicles	0.56%
41	Oil India Limited ₹6.65 Cr	Oil	0.56%
42	Hindalco Industries Limited ₹6.61 Cr	Non - Ferrous Metals	0.55%
43	Tata Consumer Products Limited ₹6.60 Cr	Agricultural Food & other Products	0.55%
44	JK Cement Limited ₹6.42 Cr	Cement & Cement Products	0.54%
45	Kajaria Ceramics Limited ₹6.23 Cr	Consumer Durables	0.52%
46	SBI Life Insurance Company Limited ₹6.22 Cr	Insurance	0.52%
47	ISGEC HEAVY ENGINEERING LIMITED ₹6.21 Cr	Construction	0.52%
48	LG Balakrishnan & Bros Limited ₹6.14 Cr	Auto Components	0.51%
49	Bharat Electronics Limited ₹5.97 Cr	Aerospace & Defense	0.50%
50	Ingersoll Rand (India) Limited ₹5.85 Cr	Industrial Products	0.49%
51	GAIL (India) Limited ₹5.59 Cr	Gas	0.47%
52	ITC Limited ₹5.61 Cr	Diversified FMCG	0.47%
53	Oil & Natural Gas Corporation Limited ₹5.49 Cr	Oil	0.46%
54	Hindustan Unilever Limited ₹5.34 Cr	Diversified FMCG	0.45%
55	Union Bank of India ₹5.31 Cr	Banks	0.44%
56	Archean Chemical Industries Limited ₹5.26 Cr	Chemicals & Petrochemicals	0.44%
57	Tega Industries Limited ₹2.63 Cr	Industrial Manufacturing	0.22%