What stocks does Mahindra Manulife Multi Cap Fund hold?

Mahindra Manulife Multi 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 Multi Cap Fund?

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

What category is Mahindra Manulife Multi Cap Fund?

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

How often is Mahindra Manulife Multi Cap Fund portfolio data updated?

Portfolio holdings for Mahindra Manulife Multi 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 Multi Cap Fund - Direct Plan -Growth

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

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Stocks Held

Jun 2026

Equity Holdings

₹6,802.65 Cr

Equity only, excl. debt & cash

Top 5 Weight

15.9%

Diversified

Top 10 Weight

27.7%

Diversified

Changes

3 new · 4 exits

Top Sector

Banks

11.0% of portfolio

📋 What Happened This Month Mahindra Manulife Multi Cap Fund made 3 new additions and exited 4 stocks this month. The biggest new buy was Radico Khaitan Limited (Beverages) at 1.22% weight. Tata Steel Limited was the biggest exit (Ferrous Metals), which was held at 0.89%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 3.65% of the portfolio. IDFC First Bank Limited was trimmed the most, now at 0.30%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 11.0%. ↓ 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 Cap Fund - Direct Plan -Growth

+2.15%

+6.91%

+6.31%

+6.08%

Latest NAV

₹44.81

14 Jul 2026

52W High

₹45.06

-1% from High

52W Low

₹34.06

+32% from Low

Calendar Year Returns

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

2025

+4.8%

2024

+25.3%

2023

+36.4%

2022

+3.5%

2021

+53.5%

2020

+18.7%

2019

+15.7%

2018

-7.7%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

20.8%

+ve in 84% windows

95.5% / -23.8%

3Y Rolling Avg

22.9% p.a.

+ve in 100% windows

39.7% / 2.5%

5Y Rolling Avg

23.2% p.a.

+ve in 100% windows

35.5% / 13.8%

Crisis Period Behaviour

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

2024–25 Tariff

-20.2%

Rec: Jan 2026 (1yr 3mo)

COVID-19 Crash

-34.4%

Rec: Nov 2020 (11 mo)

2022 Rate Hike

-18.7%

Rec: Dec 2022 (8 mo)

2018 IL&FS

-14.1%

Rec: May 2019 (11 mo)

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.90

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.21

Penalises downside volatility only.

Std Deviation (3Y)

16.5%

Lower = more consistent returns.

NAV Chart ₹44.81 14 Jul 2026

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

Mahindra Manulife Multi Cap Fund - Direct Plan -Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹44.81

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	12.0%	9.6%	▼ -2.5%
Banks	9.9%	9.5%	▼ -0.4%
Industrial Products	9.4%	9.2%	▼ -0.2%
Finance	6.7%	6.9%	▲ +0.2%
Capital Markets	7.3%	6.8%	▼ -0.5%
IT - Software	4.8%	6.0%	▲ +1.2%
Cement & Cement Products	5.2%	4.9%	▼ -0.4%
Automobiles	4.5%	4.4%	● -0.1%
Metals & Minerals Trading	3.1%	3.8%	▲ +0.8%
Chemicals & Petrochemicals	3.3%	3.3%	● -0.1%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	9.5%	11.0%	▲ +1.5%
Pharmaceuticals & Biotechnology	9.6%	11.0%	▲ +1.4%
Industrial Products	9.2%	9.7%	▲ +0.5%
Finance	6.9%	6.7%	▼ -0.2%
Capital Markets	6.8%	6.6%	▼ -0.2%
IT - Software	6.0%	5.4%	▼ -0.6%
Cement & Cement Products	4.9%	4.7%	▼ -0.2%
Metals & Minerals Trading	3.8%	4.4%	▲ +0.6%
Automobiles	4.4%	4.2%	▼ -0.2%
Retailing	2.4%	3.6%	▲ +1.2%

🟢

Biggest New Buy

Radico Khaitan Limited

1.22% weight · Beverages

🔴

Biggest Exit

Tata Steel Limited

0.89% was held · Ferrous Metals

↑

Biggest Add

ICICI Bank Limited

+2.04% · now 3.65%

↓

Biggest Trim

IDFC First Bank Limited

-0.48% · now 0.30%

🤝 Other funds also bought this month

Adani Energy Solutions Limited 44 funds

Anthem Biosciences Limited 22 funds

Radico Khaitan Limited 15 funds

👋 Other funds also exited

Tata Steel Limited 39 funds

Multi Commodity Exchange of India Limited 26 funds

National Aluminium Company Limited 21 funds

Aditya Vision Ltd 1 fund

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

🟢 3 New Entries 🔴 4 Exits ↑ 29 Increased ↓ 44 Decreased

#	Stock	Sector	Weight (Jun 2026)
1	Radico Khaitan Limited ₹84.17 Cr	Beverages	1.22%
2	Adani Energy Solutions Limited ₹61.15 Cr	Power	0.88%
3	Anthem Biosciences Limited ₹59.13 Cr	Pharmaceuticals & Biotechnology	0.85%

#	Stock	Sector	Last Weight (May 2026)
1	Tata Steel Limited ₹59.11 Cr	Ferrous Metals	0.89%
2	National Aluminium Company Limited ₹42.45 Cr	Non - Ferrous Metals	0.64%
3	Aditya Vision Ltd ₹31.42 Cr	Retailing	0.47%
4	Multi Commodity Exchange of India Limited ₹23.51 Cr	Capital Markets	0.35%

#	Stock	Sector	May 2026	Jun 2026	Change
1	ICICI Bank Limited ₹252.62 Cr	Banks	1.61%	3.65%	+2.04%
2	Avenue Supermarts Limited ₹144.56 Cr	Retailing	0.46%	2.09%	+1.63%
3	Neuland Laboratories Limited ₹225.01 Cr	Pharmaceuticals & Biotechnology	2.41%	3.25%	+0.84%
4	Vedanta Aluminium Metal Limited ₹80.72 Cr	Metals & Minerals Trading	0.33%	1.17%	+0.84%
5	APL Apollo Tubes Limited ₹164.59 Cr	Industrial Products	1.79%	2.38%	+0.59%
6	Nippon Life India Asset Management Limited ₹182.88 Cr	Capital Markets	2.14%	2.64%	+0.50%
7	InterGlobe Aviation Limited ₹162.39 Cr	Transport Services	2.01%	2.34%	+0.33%
8	Max Healthcare Institute Limited ₹98.11 Cr	Healthcare Services	1.26%	1.42%	+0.16%
9	Gokaldas Exports Limited ₹56.45 Cr	Textiles & Apparels	0.67%	0.82%	+0.15%
10	Shriram Finance Limited ₹146.49 Cr	Finance	2.00%	2.12%	+0.12%
11	TILAKNAGAR INDUSTRIES LIMITED ₹35.43 Cr	Beverages	0.40%	0.51%	+0.11%
12	Aditya Birla Capital Limited ₹153.44 Cr	Finance	2.14%	2.22%	+0.08%
13	Kajaria Ceramics Limited ₹74.44 Cr	Consumer Durables	0.99%	1.07%	+0.08%
14	Voltamp Transformers Limited ₹105.07 Cr	Electrical Equipment	1.45%	1.52%	+0.07%
15	Nitin Spinners Limited ₹44.73 Cr	Textiles & Apparels	0.58%	0.65%	+0.07%
16	Ujjivan Small Finance Bank Limited ₹78.05 Cr	Banks	1.08%	1.13%	+0.05%
17	Stylam Industries Ltd ₹37.77 Cr	Consumer Durables	0.50%	0.55%	+0.05%
18	Oswal Pumps Ltd. ₹31.20 Cr	Industrial Products	0.40%	0.45%	+0.05%
19	State Bank of India ₹118.09 Cr	Banks	1.67%	1.71%	+0.04%
20	Maruti Suzuki India Limited ₹103.32 Cr	Automobiles	1.45%	1.49%	+0.04%
21	Oracle Financial Services Software Limited ₹86.20 Cr	IT - Software	1.20%	1.24%	+0.04%
22	PTC Industries Limited ₹123.81 Cr	Industrial Products	1.76%	1.79%	+0.03%
23	The Ramco Cements Limited ₹74.47 Cr	Cement & Cement Products	1.05%	1.08%	+0.03%
24	Polycab India Limited ₹152.90 Cr	Industrial Products	2.19%	2.21%	+0.02%
25	Jindal Saw Limited ₹98.45 Cr	Industrial Products	1.40%	1.42%	+0.02%
26	Eternal Limited ₹67.68 Cr	Retailing	0.96%	0.98%	+0.02%
27	Sai Life Sciences Limited ₹53.01 Cr	Pharmaceuticals & Biotechnology	0.75%	0.77%	+0.02%
28	Navin Fluorine International Limited ₹33.82 Cr	Chemicals & Petrochemicals	0.47%	0.49%	+0.02%
29	DCB Bank Limited ₹68.62 Cr	Banks	0.98%	0.99%	+0.01%

#	Stock	Sector	May 2026	Jun 2026	Change
1	IDFC First Bank Limited ₹20.67 Cr	Banks	0.78%	0.30%	-0.48%
2	Belrise Industries Ltd. ₹66.50 Cr	Auto Components	1.40%	0.96%	-0.44%
3	ITC Limited ₹45.91 Cr	Diversified FMCG	1.04%	0.66%	-0.38%
4	CRISIL Limited ₹6.51 Cr	Finance	0.43%	0.09%	-0.34%
5	BSE Limited ₹154.62 Cr	Capital Markets	2.50%	2.23%	-0.27%
6	Malco Energy Limited ₹5.80 Cr	Power	0.33%	0.08%	-0.25%
7	Vedanta Iron And Steel Limited ₹6.35 Cr	Metals & Minerals Trading	0.33%	0.09%	-0.24%
8	SRF Limited ₹69.43 Cr	Chemicals & Petrochemicals	1.23%	1.00%	-0.23%
9	Talwandi Sabo Power Limited ₹7.25 Cr	Power	0.33%	0.10%	-0.23%
10	Bajaj Auto Limited ₹109.79 Cr	Automobiles	1.78%	1.59%	-0.19%
11	LTIMindtree Limited ₹61.07 Cr	IT - Software	1.06%	0.88%	-0.18%
12	Infosys Limited ₹57.60 Cr	IT - Software	1.01%	0.83%	-0.18%
13	Mphasis Limited ₹114.56 Cr	IT - Software	1.81%	1.65%	-0.16%
14	Astral Limited ₹48.29 Cr	Industrial Products	0.86%	0.70%	-0.16%
15	Divi's Laboratories Limited ₹187.50 Cr	Pharmaceuticals & Biotechnology	2.86%	2.71%	-0.15%
16	Vodafone Idea Limited ₹106.28 Cr	Telecom - Services	1.67%	1.53%	-0.14%
17	UltraTech Cement Limited ₹140.66 Cr	Cement & Cement Products	2.16%	2.03%	-0.13%
18	PB Fintech Limited ₹99.52 Cr	Financial Technology (Fintech)	1.57%	1.44%	-0.13%
19	Aarti Industries Limited ₹99.03 Cr	Chemicals & Petrochemicals	1.55%	1.43%	-0.12%
20	NTPC Limited ₹64.20 Cr	Power	1.05%	0.93%	-0.12%
21	Bandhan Bank Limited ₹120.92 Cr	Banks	1.86%	1.75%	-0.11%
22	Angel One Limited ₹118.74 Cr	Capital Markets	1.82%	1.71%	-0.11%
23	Max Financial Services Limited ₹63.36 Cr	Insurance	1.01%	0.91%	-0.10%
24	Glenmark Pharmaceuticals Limited ₹82.00 Cr	Pharmaceuticals & Biotechnology	1.27%	1.18%	-0.09%
25	Godfrey Phillips India Limited ₹65.19 Cr	Cigarettes & Tobacco Products	1.03%	0.94%	-0.09%
26	Larsen & Toubro Limited ₹218.14 Cr	Construction	3.23%	3.15%	-0.08%
27	Tech Mahindra Limited ₹56.19 Cr	IT - Software	0.89%	0.81%	-0.08%
28	Laurus Labs Limited ₹151.74 Cr	Pharmaceuticals & Biotechnology	2.26%	2.19%	-0.07%
29	Manappuram Finance Limited ₹99.29 Cr	Finance	1.50%	1.43%	-0.07%
30	JSW Steel Limited ₹59.97 Cr	Ferrous Metals	0.94%	0.87%	-0.07%
31	Coal India Limited ₹52.69 Cr	Consumable Fuels	0.83%	0.76%	-0.07%
32	Reliance Industries Limited ₹64.70 Cr	Petroleum Products	0.99%	0.93%	-0.06%
33	Dalmia Bharat Limited ₹55.72 Cr	Cement & Cement Products	0.86%	0.80%	-0.06%
34	Sagility Limited ₹49.66 Cr	IT - Services	0.78%	0.72%	-0.06%
35	Supreme Industries Limited ₹54.63 Cr	Industrial Products	0.84%	0.79%	-0.05%
36	Mahindra & Mahindra Limited ₹76.72 Cr	Automobiles	1.15%	1.11%	-0.04%
37	P N Gadgil Jewellers Limited ₹53.70 Cr	Consumer Durables	0.82%	0.78%	-0.04%
38	Tega Industries Limited ₹34.04 Cr	Industrial Manufacturing	0.53%	0.49%	-0.04%
39	Adani Enterprises Limited ₹217.07 Cr	Metals & Minerals Trading	3.16%	3.13%	-0.03%
40	IndusInd Bank Limited ₹60.07 Cr	Banks	0.89%	0.87%	-0.02%
41	Blue Star Limited ₹54.87 Cr	Consumer Durables	0.81%	0.79%	-0.02%
42	Sun TV Network Limited ₹50.99 Cr	Entertainment	0.75%	0.74%	-0.01%
43	Union Bank of India ₹41.38 Cr	Banks	0.61%	0.60%	-0.01%
44	Arvind Fashions Limited ₹34.29 Cr	Retailing	0.51%	0.50%	-0.01%

What Stocks Does This Fund Hold?

79 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹252.62 Cr	Banks	3.65%
2	Neuland Laboratories Limited ₹225.01 Cr	Pharmaceuticals & Biotechnology	3.25%
3	Larsen & Toubro Limited ₹218.14 Cr	Construction	3.15%
4	Adani Enterprises Limited ₹217.07 Cr	Metals & Minerals Trading	3.13%
5	Divi's Laboratories Limited ₹187.50 Cr	Pharmaceuticals & Biotechnology	2.71%
6	Nippon Life India Asset Management Limited ₹182.88 Cr	Capital Markets	2.64%
7	APL Apollo Tubes Limited ₹164.59 Cr	Industrial Products	2.38%
8	InterGlobe Aviation Limited ₹162.39 Cr	Transport Services	2.34%
9	BSE Limited ₹154.62 Cr	Capital Markets	2.23%
10	Aditya Birla Capital Limited ₹153.44 Cr	Finance	2.22%
11	Polycab India Limited ₹152.90 Cr	Industrial Products	2.21%
12	Laurus Labs Limited ₹151.74 Cr	Pharmaceuticals & Biotechnology	2.19%
13	Shriram Finance Limited ₹146.49 Cr	Finance	2.12%
14	Avenue Supermarts Limited ₹144.56 Cr	Retailing	2.09%
15	UltraTech Cement Limited ₹140.66 Cr	Cement & Cement Products	2.03%
16	PTC Industries Limited ₹123.81 Cr	Industrial Products	1.79%
17	Bandhan Bank Limited ₹120.92 Cr	Banks	1.75%
18	Angel One Limited ₹118.74 Cr	Capital Markets	1.71%
19	State Bank of India ₹118.09 Cr	Banks	1.71%
20	Mphasis Limited ₹114.56 Cr	IT - Software	1.65%
21	Bajaj Auto Limited ₹109.79 Cr	Automobiles	1.59%
22	Vodafone Idea Limited ₹106.28 Cr	Telecom - Services	1.53%
23	Voltamp Transformers Limited ₹105.07 Cr	Electrical Equipment	1.52%
24	Maruti Suzuki India Limited ₹103.32 Cr	Automobiles	1.49%
25	PB Fintech Limited ₹99.52 Cr	Financial Technology (Fintech)	1.44%
26	Manappuram Finance Limited ₹99.29 Cr	Finance	1.43%
27	Aarti Industries Limited ₹99.03 Cr	Chemicals & Petrochemicals	1.43%
28	Jindal Saw Limited ₹98.45 Cr	Industrial Products	1.42%
29	Max Healthcare Institute Limited ₹98.11 Cr	Healthcare Services	1.42%
30	Oracle Financial Services Software Limited ₹86.20 Cr	IT - Software	1.24%
31	Radico Khaitan Limited ₹84.17 Cr	Beverages	1.22%
32	Glenmark Pharmaceuticals Limited ₹82.00 Cr	Pharmaceuticals & Biotechnology	1.18%
33	Vedanta Aluminium Metal Limited ₹80.72 Cr	Metals & Minerals Trading	1.17%
34	Ujjivan Small Finance Bank Limited ₹78.05 Cr	Banks	1.13%
35	Mahindra & Mahindra Limited ₹76.72 Cr	Automobiles	1.11%
36	The Ramco Cements Limited ₹74.47 Cr	Cement & Cement Products	1.08%
37	Kajaria Ceramics Limited ₹74.44 Cr	Consumer Durables	1.07%
38	SRF Limited ₹69.43 Cr	Chemicals & Petrochemicals	1.00%
39	DCB Bank Limited ₹68.62 Cr	Banks	0.99%
40	Eternal Limited ₹67.68 Cr	Retailing	0.98%
41	Belrise Industries Ltd. ₹66.50 Cr	Auto Components	0.96%
42	Godfrey Phillips India Limited ₹65.19 Cr	Cigarettes & Tobacco Products	0.94%
43	NTPC Limited ₹64.20 Cr	Power	0.93%
44	Reliance Industries Limited ₹64.70 Cr	Petroleum Products	0.93%
45	Max Financial Services Limited ₹63.36 Cr	Insurance	0.91%
46	Adani Energy Solutions Limited ₹61.15 Cr	Power	0.88%
47	LTIMindtree Limited ₹61.07 Cr	IT - Software	0.88%
48	IndusInd Bank Limited ₹60.07 Cr	Banks	0.87%
49	JSW Steel Limited ₹59.97 Cr	Ferrous Metals	0.87%
50	Anthem Biosciences Limited ₹59.13 Cr	Pharmaceuticals & Biotechnology	0.85%
51	Infosys Limited ₹57.60 Cr	IT - Software	0.83%
52	Gokaldas Exports Limited ₹56.45 Cr	Textiles & Apparels	0.82%
53	JK Cement Limited ₹56.40 Cr	Cement & Cement Products	0.81%
54	Tech Mahindra Limited ₹56.19 Cr	IT - Software	0.81%
55	Dalmia Bharat Limited ₹55.72 Cr	Cement & Cement Products	0.80%
56	Blue Star Limited ₹54.87 Cr	Consumer Durables	0.79%
57	Cholamandalam Financial Holdings Limited ₹54.69 Cr	Finance	0.79%
58	Supreme Industries Limited ₹54.63 Cr	Industrial Products	0.79%
59	P N Gadgil Jewellers Limited ₹53.70 Cr	Consumer Durables	0.78%
60	Sai Life Sciences Limited ₹53.01 Cr	Pharmaceuticals & Biotechnology	0.77%
61	Coal India Limited ₹52.69 Cr	Consumable Fuels	0.76%
62	Sun TV Network Limited ₹50.99 Cr	Entertainment	0.74%
63	Sagility Limited ₹49.66 Cr	IT - Services	0.72%
64	Astral Limited ₹48.29 Cr	Industrial Products	0.70%
65	ITC Limited ₹45.91 Cr	Diversified FMCG	0.66%
66	Nitin Spinners Limited ₹44.73 Cr	Textiles & Apparels	0.65%
67	Union Bank of India ₹41.38 Cr	Banks	0.60%
68	Stylam Industries Ltd ₹37.77 Cr	Consumer Durables	0.55%
69	TILAKNAGAR INDUSTRIES LIMITED ₹35.43 Cr	Beverages	0.51%
70	Arvind Fashions Limited ₹34.29 Cr	Retailing	0.50%
71	Tega Industries Limited ₹34.04 Cr	Industrial Manufacturing	0.49%
72	Navin Fluorine International Limited ₹33.82 Cr	Chemicals & Petrochemicals	0.49%
73	Oswal Pumps Ltd. ₹31.20 Cr	Industrial Products	0.45%
74	Doms Industries Limited ₹25.15 Cr	Household Products	0.36%
75	IDFC First Bank Limited ₹20.67 Cr	Banks	0.30%
76	Talwandi Sabo Power Limited ₹7.25 Cr	Power	0.10%
77	CRISIL Limited ₹6.51 Cr	Finance	0.09%
78	Vedanta Iron And Steel Limited ₹6.35 Cr	Metals & Minerals Trading	0.09%
79	Malco Energy Limited ₹5.80 Cr	Power	0.08%