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.

← Mahindra Manulife Mutual Fund

Mahindra Manulife Multi Cap Fund - Direct Plan -Growth

Multi Cap Data as of Aug 2026 Comparing Jul 2026 → Aug 2026

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Stocks Held

Aug 2026

Equity Holdings

₹6,901.32 Cr

Equity only, excl. debt & cash

AAUM

₹6,495.21 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

19.5%

Diversified

Top 10 Weight

31.1%

Diversified

Changes

5 new · 5 exits

Top Sector

Pharmaceuticals & Biotechnology

14.8% of portfolio

Launch Date

20 Apr 2017

9 years old

AAUM (Average Assets Under Management) of ₹6,495.21 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 Cap Fund made 5 new additions and exited 5 stocks this month. The biggest new buy was Hindustan Zinc Limited (Non - Ferrous Metals) at 1.98% weight. SRF Limited was the biggest exit (Chemicals & Petrochemicals), which was held at 0.93%. Among existing holdings, Multi Commodity Exchange of India Limited saw the biggest increase — now at 4.86% of the portfolio. Larsen & Toubro Limited was trimmed the most, now at 1.06%. Multi Commodity Exchange of India Limited remains the top holding with Pharmaceuticals & Biotechnology the dominant sector at 14.8%. ↓ 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

-5.56%

-1.14%

+13.97%

+9.25%

Latest NAV

₹44.50

01 Oct 2026

52W High

₹47.75

-7% from High

52W Low

₹35.19

+26% 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

20.5%

+ve in 84% windows

95.5% / -23.8%

3Y Rolling Avg

22.8% p.a.

+ve in 100% windows

39.7% / 2.5%

5Y Rolling Avg

23.0% 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. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.68

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.92

Penalises downside volatility only.

Std Deviation (3Y)

16.6%

Lower = more consistent returns.

NAV Chart ₹44.50 01 Oct 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: ₹44.50

Sector Shift Industry allocation month-over-month

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	11.0%	12.9%	▲ +2.0%
Banks	11.0%	10.6%	▼ -0.4%
Industrial Products	9.7%	8.2%	▼ -1.6%
IT - Software	5.4%	6.5%	▲ +1.1%
Capital Markets	6.6%	5.4%	▼ -1.2%
Metals & Minerals Trading	4.4%	4.8%	▲ +0.4%
Automobiles	4.2%	4.2%	● +0.0%
Cement & Cement Products	4.7%	3.9%	▼ -0.9%
Power	2.0%	3.0%	▲ +1.0%
Consumer Durables	3.2%	3.0%	▼ -0.2%

Jul 2026 → Aug 2026

Sector	Prev	Curr ▼	Delta
Pharmaceuticals & Biotechnology	12.9%	14.8%	▲ +1.9%
Banks	10.6%	10.2%	▼ -0.4%
Industrial Products	8.2%	8.9%	▲ +0.7%
Capital Markets	5.4%	5.8%	▲ +0.5%
IT - Software	6.5%	4.8%	▼ -1.7%
Metals & Minerals Trading	4.8%	4.3%	▼ -0.5%
Automobiles	4.2%	3.9%	▼ -0.3%
Cement & Cement Products	3.9%	3.5%	▼ -0.4%
Retailing	2.8%	3.0%	▲ +0.2%
Oil	2.4%	3.0%	▲ +0.6%

🟢

Biggest New Buy

Hindustan Zinc Limited

1.98% weight · Non - Ferrous Metals

🔴

Biggest Exit

SRF Limited

0.93% was held · Chemicals & Petrochemicals

↑

Biggest Add

Multi Commodity Exchange of India Limited

+1.03% · now 4.86%

↓

Biggest Trim

Larsen & Toubro Limited

-1.28% · now 1.06%

🤝 Other funds also bought this month

One 97 Communications Limited 59 funds

Piramal Finance Ltd 42 funds

Sun Pharmaceutical Industries Limited 40 funds

Hindustan Zinc Limited 24 funds

Hatsun Agro Product Limited 1 fund

👋 Other funds also exited

Infosys Limited 45 funds

ITC Limited 29 funds

SRF Limited 16 funds

Doms Industries Limited 9 funds

What Changed in the Portfolio This Month?

Comparing Jul 2026 → Aug 2026

Jul 2026 → Aug 2026

🟢 5 New Entries 🔴 5 Exits ↑ 25 Increased ↓ 39 Decreased

#	Stock	Sector	Weight (Aug 2026)
1	Hindustan Zinc Limited ₹151.84 Cr	Non - Ferrous Metals	1.98%
2	One 97 Communications Limited ₹78.44 Cr	Financial Technology (Fintech)	1.02%
3	Sun Pharmaceutical Industries Limited ₹49.56 Cr	Pharmaceuticals & Biotechnology	0.65%
4	Hatsun Agro Product Limited ₹14.57 Cr	Food Products	0.19%
5	Piramal Finance Ltd ₹13.20 Cr	Finance	0.17%

#	Stock	Sector	Last Weight (Jul 2026)
1	SRF Limited ₹66.47 Cr	Chemicals & Petrochemicals	0.93%
2	Infosys Limited ₹65.07 Cr	IT - Software	0.91%
3	ITC Limited ₹44.96 Cr	Diversified FMCG	0.63%
4	Doms Industries Limited ₹18.21 Cr	Household Products	0.25%
5	Stylam Industries Ltd ₹17.87 Cr	Consumer Durables	0.25%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Multi Commodity Exchange of India Limited ₹372.64 Cr	Capital Markets	3.83%	4.86%	+1.03%
2	Oil India Limited ₹198.11 Cr	Oil	1.94%	2.59%	+0.65%
3	Neuland Laboratories Limited ₹306.85 Cr	Pharmaceuticals & Biotechnology	3.53%	4.00%	+0.47%
4	Voltamp Transformers Limited ₹147.51 Cr	Electrical Equipment	1.54%	1.93%	+0.39%
5	Divi's Laboratories Limited ₹301.33 Cr	Pharmaceuticals & Biotechnology	3.57%	3.93%	+0.36%
6	Torrent Pharmaceuticals Limited ₹184.94 Cr	Pharmaceuticals & Biotechnology	2.06%	2.41%	+0.35%
7	Jindal Saw Limited ₹127.75 Cr	Industrial Products	1.35%	1.67%	+0.32%
8	PTC Industries Limited ₹159.65 Cr	Industrial Products	1.78%	2.08%	+0.30%
9	State Bank of India ₹147.34 Cr	Banks	1.64%	1.92%	+0.28%
10	TILAKNAGAR INDUSTRIES LIMITED ₹60.75 Cr	Beverages	0.52%	0.79%	+0.27%
11	Avenue Supermarts Limited ₹154.44 Cr	Retailing	1.80%	2.02%	+0.22%
12	APL Apollo Tubes Limited ₹192.31 Cr	Industrial Products	2.33%	2.51%	+0.18%
13	PB Fintech Limited ₹114.57 Cr	Financial Technology (Fintech)	1.36%	1.50%	+0.14%
14	Vodafone Idea Limited ₹109.62 Cr	Telecom - Services	1.33%	1.43%	+0.10%
15	Oracle Financial Services Software Limited ₹150.48 Cr	IT - Software	1.87%	1.96%	+0.09%
16	Nitin Spinners Limited ₹49.06 Cr	Textiles & Apparels	0.59%	0.64%	+0.05%
17	Glenmark Pharmaceuticals Limited ₹92.26 Cr	Pharmaceuticals & Biotechnology	1.16%	1.20%	+0.04%
18	Godfrey Phillips India Limited ₹89.21 Cr	Cigarettes & Tobacco Products	1.12%	1.16%	+0.04%
19	Navin Fluorine International Limited ₹38.17 Cr	Chemicals & Petrochemicals	0.46%	0.50%	+0.04%
20	Anthem Biosciences Limited ₹68.53 Cr	Pharmaceuticals & Biotechnology	0.86%	0.89%	+0.03%
21	Sai Life Sciences Limited ₹62.69 Cr	Pharmaceuticals & Biotechnology	0.79%	0.82%	+0.03%
22	Union Bank of India ₹45.27 Cr	Banks	0.57%	0.59%	+0.02%
23	Aarti Industries Limited ₹113.32 Cr	Chemicals & Petrochemicals	1.47%	1.48%	+0.01%
24	Sagility Limited ₹59.31 Cr	IT - Services	0.76%	0.77%	+0.01%
25	Eternal Limited ₹44.55 Cr	Retailing	0.57%	0.58%	+0.01%

#	Stock	Sector	Jul 2026	Aug 2026	Change
1	Larsen & Toubro Limited ₹81.00 Cr	Construction	2.34%	1.06%	-1.28%
2	Manappuram Finance Limited ₹78.65 Cr	Finance	1.59%	1.03%	-0.56%
3	Nippon Life India Asset Management Limited ₹74.79 Cr	Capital Markets	1.52%	0.98%	-0.54%
4	LTIMindtree Limited ₹46.58 Cr	IT - Software	1.05%	0.61%	-0.44%
5	Adani Enterprises Limited ₹247.71 Cr	Metals & Minerals Trading	3.63%	3.23%	-0.40%
6	Adani Energy Solutions Limited ₹125.87 Cr	Power	2.03%	1.64%	-0.39%
7	Mphasis Limited ₹102.75 Cr	IT - Software	1.73%	1.34%	-0.39%
8	UltraTech Cement Limited ₹143.13 Cr	Cement & Cement Products	2.07%	1.87%	-0.20%
9	ICICI Bank Limited ₹267.10 Cr	Banks	3.67%	3.49%	-0.18%
10	Bandhan Bank Limited ₹96.83 Cr	Banks	1.44%	1.26%	-0.18%
11	P N Gadgil Jewellers Limited ₹58.49 Cr	Consumer Durables	0.93%	0.76%	-0.17%
12	DCB Bank Limited ₹55.91 Cr	Banks	0.90%	0.73%	-0.17%
13	Maruti Suzuki India Limited ₹99.16 Cr	Automobiles	1.45%	1.29%	-0.16%
14	Max Healthcare Institute Limited ₹90.54 Cr	Healthcare Services	1.33%	1.18%	-0.15%
15	Blue Star Limited ₹49.33 Cr	Consumer Durables	0.79%	0.64%	-0.15%
16	Cholamandalam Financial Holdings Limited ₹21.99 Cr	Finance	0.42%	0.29%	-0.13%
17	Vedanta Aluminium Metal Limited ₹78.33 Cr	Metals & Minerals Trading	1.14%	1.02%	-0.12%
18	Mahindra & Mahindra Limited ₹82.05 Cr	Automobiles	1.18%	1.07%	-0.11%
19	Ujjivan Small Finance Bank Limited ₹79.86 Cr	Banks	1.15%	1.04%	-0.11%
20	The Ramco Cements Limited ₹70.43 Cr	Cement & Cement Products	1.02%	0.92%	-0.10%
21	NTPC Limited ₹58.93 Cr	Power	0.87%	0.77%	-0.10%
22	Sun TV Network Limited ₹46.10 Cr	Entertainment	0.70%	0.60%	-0.10%
23	JK Cement Limited ₹53.17 Cr	Cement & Cement Products	0.78%	0.69%	-0.09%
24	Reliance Industries Limited ₹63.85 Cr	Petroleum Products	0.91%	0.83%	-0.08%
25	IndusInd Bank Limited ₹85.67 Cr	Banks	1.19%	1.12%	-0.07%
26	Tech Mahindra Limited ₹65.12 Cr	IT - Software	0.92%	0.85%	-0.07%
27	Gokaldas Exports Limited ₹50.48 Cr	Textiles & Apparels	0.73%	0.66%	-0.07%
28	Coal India Limited ₹48.21 Cr	Consumable Fuels	0.69%	0.63%	-0.06%
29	Oswal Pumps Ltd. ₹21.54 Cr	Industrial Products	0.34%	0.28%	-0.06%
30	Supreme Industries Limited ₹99.60 Cr	Industrial Products	1.35%	1.30%	-0.05%
31	Oil & Natural Gas Corporation Limited ₹27.82 Cr	Oil	0.41%	0.36%	-0.05%
32	Radico Khaitan Limited ₹95.68 Cr	Beverages	1.29%	1.25%	-0.04%
33	Kajaria Ceramics Limited ₹72.93 Cr	Consumer Durables	0.98%	0.95%	-0.03%
34	JSW Steel Limited ₹63.95 Cr	Ferrous Metals	0.86%	0.83%	-0.03%
35	Arvind Fashions Limited ₹32.95 Cr	Retailing	0.46%	0.43%	-0.03%
36	Bajaj Auto Limited ₹118.84 Cr	Automobiles	1.57%	1.55%	-0.02%
37	Laurus Labs Limited ₹70.86 Cr	Pharmaceuticals & Biotechnology	0.94%	0.92%	-0.02%
38	Astral Limited ₹77.96 Cr	Industrial Products	1.03%	1.02%	-0.01%
39	Max Financial Services Limited ₹62.92 Cr	Insurance	0.83%	0.82%	-0.01%

What Stocks Does This Fund Hold?

71 stocks — Aug 2026

#	Stock	Sector	Weight & Value
1	Multi Commodity Exchange of India Limited ₹372.64 Cr	Capital Markets	4.86%
2	Neuland Laboratories Limited ₹306.85 Cr	Pharmaceuticals & Biotechnology	4.00%
3	Divi's Laboratories Limited ₹301.33 Cr	Pharmaceuticals & Biotechnology	3.93%
4	ICICI Bank Limited ₹267.10 Cr	Banks	3.49%
5	Adani Enterprises Limited ₹247.71 Cr	Metals & Minerals Trading	3.23%
6	Oil India Limited ₹198.11 Cr	Oil	2.59%
7	APL Apollo Tubes Limited ₹192.31 Cr	Industrial Products	2.51%
8	Torrent Pharmaceuticals Limited ₹184.94 Cr	Pharmaceuticals & Biotechnology	2.41%
9	PTC Industries Limited ₹159.65 Cr	Industrial Products	2.08%
10	Avenue Supermarts Limited ₹154.44 Cr	Retailing	2.02%
11	Hindustan Zinc Limited ₹151.84 Cr	Non - Ferrous Metals	1.98%
12	Oracle Financial Services Software Limited ₹150.48 Cr	IT - Software	1.96%
13	Voltamp Transformers Limited ₹147.51 Cr	Electrical Equipment	1.93%
14	State Bank of India ₹147.34 Cr	Banks	1.92%
15	UltraTech Cement Limited ₹143.13 Cr	Cement & Cement Products	1.87%
16	Jindal Saw Limited ₹127.75 Cr	Industrial Products	1.67%
17	Adani Energy Solutions Limited ₹125.87 Cr	Power	1.64%
18	Bajaj Auto Limited ₹118.84 Cr	Automobiles	1.55%
19	PB Fintech Limited ₹114.57 Cr	Financial Technology (Fintech)	1.50%
20	Aarti Industries Limited ₹113.32 Cr	Chemicals & Petrochemicals	1.48%
21	Vodafone Idea Limited ₹109.62 Cr	Telecom - Services	1.43%
22	Mphasis Limited ₹102.75 Cr	IT - Software	1.34%
23	Supreme Industries Limited ₹99.60 Cr	Industrial Products	1.30%
24	Maruti Suzuki India Limited ₹99.16 Cr	Automobiles	1.29%
25	Bandhan Bank Limited ₹96.83 Cr	Banks	1.26%
26	Radico Khaitan Limited ₹95.68 Cr	Beverages	1.25%
27	Glenmark Pharmaceuticals Limited ₹92.26 Cr	Pharmaceuticals & Biotechnology	1.20%
28	Max Healthcare Institute Limited ₹90.54 Cr	Healthcare Services	1.18%
29	Godfrey Phillips India Limited ₹89.21 Cr	Cigarettes & Tobacco Products	1.16%
30	IndusInd Bank Limited ₹85.67 Cr	Banks	1.12%
31	Mahindra & Mahindra Limited ₹82.05 Cr	Automobiles	1.07%
32	Larsen & Toubro Limited ₹81.00 Cr	Construction	1.06%
33	Ujjivan Small Finance Bank Limited ₹79.86 Cr	Banks	1.04%
34	Manappuram Finance Limited ₹78.65 Cr	Finance	1.03%
35	Astral Limited ₹77.96 Cr	Industrial Products	1.02%
36	Vedanta Aluminium Metal Limited ₹78.33 Cr	Metals & Minerals Trading	1.02%
37	One 97 Communications Limited ₹78.44 Cr	Financial Technology (Fintech)	1.02%
38	Nippon Life India Asset Management Limited ₹74.79 Cr	Capital Markets	0.98%
39	Kajaria Ceramics Limited ₹72.93 Cr	Consumer Durables	0.95%
40	The Ramco Cements Limited ₹70.43 Cr	Cement & Cement Products	0.92%
41	Laurus Labs Limited ₹70.86 Cr	Pharmaceuticals & Biotechnology	0.92%
42	Anthem Biosciences Limited ₹68.53 Cr	Pharmaceuticals & Biotechnology	0.89%
43	Tech Mahindra Limited ₹65.12 Cr	IT - Software	0.85%
44	Reliance Industries Limited ₹63.85 Cr	Petroleum Products	0.83%
45	JSW Steel Limited ₹63.95 Cr	Ferrous Metals	0.83%
46	Sai Life Sciences Limited ₹62.69 Cr	Pharmaceuticals & Biotechnology	0.82%
47	Max Financial Services Limited ₹62.92 Cr	Insurance	0.82%
48	TILAKNAGAR INDUSTRIES LIMITED ₹60.75 Cr	Beverages	0.79%
49	NTPC Limited ₹58.93 Cr	Power	0.77%
50	Sagility Limited ₹59.31 Cr	IT - Services	0.77%
51	P N Gadgil Jewellers Limited ₹58.49 Cr	Consumer Durables	0.76%
52	DCB Bank Limited ₹55.91 Cr	Banks	0.73%
53	JK Cement Limited ₹53.17 Cr	Cement & Cement Products	0.69%
54	Gokaldas Exports Limited ₹50.48 Cr	Textiles & Apparels	0.66%
55	Sun Pharmaceutical Industries Limited ₹49.56 Cr	Pharmaceuticals & Biotechnology	0.65%
56	Nitin Spinners Limited ₹49.06 Cr	Textiles & Apparels	0.64%
57	Blue Star Limited ₹49.33 Cr	Consumer Durables	0.64%
58	Coal India Limited ₹48.21 Cr	Consumable Fuels	0.63%
59	LTIMindtree Limited ₹46.58 Cr	IT - Software	0.61%
60	Sun TV Network Limited ₹46.10 Cr	Entertainment	0.60%
61	Union Bank of India ₹45.27 Cr	Banks	0.59%
62	Eternal Limited ₹44.55 Cr	Retailing	0.58%
63	Navin Fluorine International Limited ₹38.17 Cr	Chemicals & Petrochemicals	0.50%
64	Arvind Fashions Limited ₹32.95 Cr	Retailing	0.43%
65	Tega Industries Limited ₹29.02 Cr	Industrial Manufacturing	0.38%
66	Oil & Natural Gas Corporation Limited ₹27.82 Cr	Oil	0.36%
67	Cholamandalam Financial Holdings Limited ₹21.99 Cr	Finance	0.29%
68	Oswal Pumps Ltd. ₹21.54 Cr	Industrial Products	0.28%
69	Hatsun Agro Product Limited ₹14.57 Cr	Food Products	0.19%
70	Piramal Finance Ltd ₹13.20 Cr	Finance	0.17%
71	Malco Energy Limited ₹6.97 Cr	Power	0.09%