What stocks does Mahindra Manulife Small Cap Fund hold?

Mahindra Manulife Small 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 Small Cap Fund?

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

What category is Mahindra Manulife Small Cap Fund?

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

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

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

Small Cap Data as of Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹4,828.14 Cr

Equity only, excl. debt & cash

AAUM

₹4,497.53 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

15.9%

Diversified

Top 10 Weight

27.4%

Diversified

Changes

8 new · 7 exits

Top Sector

Industrial Products

12.9% of portfolio

Launch Date

21 Nov 2022

4 years old

AAUM (Average Assets Under Management) of ₹4,497.53 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 Small Cap Fund made 8 new additions and exited 7 stocks this month. The biggest new buy was Multi Commodity Exchange of India Limited (Capital Markets) at 3.84% weight. Angel One Limited was the biggest exit (Capital Markets), which was held at 2.27%. Among existing holdings, Ideaforge Technology Limited saw the biggest increase — now at 1.23% of the portfolio. The Ramco Cements Limited was trimmed the most, now at 1.27%. Neuland Laboratories Limited remains the top holding with Industrial Products the dominant sector at 12.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mahindra Manulife Small Cap Fund - Direct Plan - Growth

+6.57%

+12.32%

+21.62%

+18.41%

Latest NAV

₹23.91

24 Aug 2026

52W High

₹23.91

At High

52W Low

₹16.39

+46% from Low

Calendar Year Returns

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

2025

-1.3%

2024

+30.0%

2023

+60.0%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

27.6%

+ve in 80% windows

81.8% / -10.1%

3Y Rolling Avg

25.6% p.a.

+ve in 100% windows

29.5% / 21.8%

Crisis Period Behaviour

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

2024–25 Tariff

-26.0%

Rec: Jun 2026 (1yr 11mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. · CAGR, Sharpe Ratio & Standard Deviation — Mutual Fund Guide →

Sharpe Ratio (3Y)

0.99

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.34

Penalises downside volatility only.

Std Deviation (3Y)

18.2%

Lower = more consistent returns.

NAV Chart ₹23.91 24 Aug 2026

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

Mahindra Manulife Small Cap Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹23.91

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Industrial Products	13.8%	14.2%	▲ +0.3%
Pharmaceuticals & Biotechnology	11.9%	12.5%	▲ +0.6%
Auto Components	10.6%	10.2%	▼ -0.5%
Banks	8.1%	7.1%	▼ -1.0%
Finance	6.3%	6.3%	● 0.0%
Textiles & Apparels	4.8%	5.4%	▲ +0.7%
Consumer Durables	5.0%	5.0%	● 0.0%
Chemicals & Petrochemicals	4.8%	4.9%	▲ +0.2%
Electrical Equipment	3.4%	3.3%	● -0.1%
Cement & Cement Products	3.1%	3.0%	● -0.1%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Industrial Products	14.2%	12.9%	▼ -1.2%
Pharmaceuticals & Biotechnology	12.5%	12.9%	▲ +0.4%
Auto Components	10.2%	8.6%	▼ -1.6%
Banks	7.1%	6.3%	▼ -0.8%
Consumer Durables	5.0%	5.5%	▲ +0.6%
Textiles & Apparels	5.4%	5.5%	● +0.1%
Chemicals & Petrochemicals	4.9%	4.7%	▼ -0.2%
Capital Markets	2.8%	3.8%	▲ +1.0%
Finance	6.3%	3.7%	▼ -2.6%
Electrical Equipment	3.3%	3.1%	▼ -0.1%

🟢

Biggest New Buy

Multi Commodity Exchange of India Limited

3.84% weight · Capital Markets

🔴

Biggest Exit

Angel One Limited

2.27% was held · Capital Markets

↑

Biggest Add

Ideaforge Technology Limited

+0.63% · now 1.23%

↓

Biggest Trim

The Ramco Cements Limited

-0.99% · now 1.27%

🤝 Other funds also bought this month

Adani Enterprises Limited 73 funds

Multi Commodity Exchange of India Limited 27 funds

Ather Energy Limited 23 funds

Adani Energy Solutions Limited 22 funds

Oil India Limited 17 funds

Kalyan Jewellers India Limited 12 funds

👋 Other funds also exited

Angel One Limited 31 funds

KEI Industries Limited 30 funds

Aditya Birla Capital Limited 23 funds

KFin Technologies Limited 14 funds

Belrise Industries Ltd. 7 funds

Wakefit Innovations Limited 4 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 8 New Entries 🔴 7 Exits ↑ 19 Increased ↓ 47 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Multi Commodity Exchange of India Limited ₹195.27 Cr	Capital Markets	3.84%
2	Oil India Limited ₹128.84 Cr	Oil	2.53%
3	Adani Enterprises Limited ₹105.13 Cr	Metals & Minerals Trading	2.07%
4	Adani Energy Solutions Limited ₹77.11 Cr	Power	1.52%
5	Ganesha Ecosphere Limited ₹62.68 Cr	Textiles & Apparels	1.23%
6	Ather Energy Limited ₹57.02 Cr	Automobiles	1.12%
7	Gabriel India Limited ₹37.69 Cr	Auto Components	0.74%
8	Kalyan Jewellers India Limited ₹36.76 Cr	Consumer Durables	0.72%

#	Stock	Sector	Last Weight (Jun 2026)
1	Angel One Limited ₹111.84 Cr	Capital Markets	2.27%
2	Aditya Birla Capital Limited ₹110.14 Cr	Finance	2.23%
3	VA Tech Wabag Limited ₹73.21 Cr	Other Utilities	1.48%
4	Belrise Industries Ltd. ₹63.49 Cr	Auto Components	1.29%
5	KEI Industries Limited ₹46.13 Cr	Industrial Products	0.94%
6	KFin Technologies Limited ₹27.02 Cr	Capital Markets	0.55%
7	Wakefit Innovations Limited ₹6.37 Cr	Consumer Durables	0.13%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Ideaforge Technology Limited ₹62.40 Cr	Aerospace & Defense	0.60%	1.23%	+0.63%
2	Neuland Laboratories Limited ₹196.91 Cr	Pharmaceuticals & Biotechnology	3.26%	3.87%	+0.61%
3	Divi's Laboratories Limited ₹122.05 Cr	Pharmaceuticals & Biotechnology	1.80%	2.40%	+0.60%
4	Sona BLW Precision Forgings Limited ₹80.97 Cr	Auto Components	1.06%	1.59%	+0.53%
5	Garware Hi-Tech Films Ltd ₹145.01 Cr	Industrial Products	2.42%	2.85%	+0.43%
6	Manappuram Finance Limited ₹124.57 Cr	Finance	2.04%	2.45%	+0.41%
7	GlaxoSmithKline Pharmaceuticals Limited ₹30.05 Cr	Pharmaceuticals & Biotechnology	0.26%	0.59%	+0.33%
8	Coforge Limited ₹113.59 Cr	IT - Software	1.96%	2.23%	+0.27%
9	Karur Vysya Bank Limited ₹83.37 Cr	Banks	1.46%	1.64%	+0.18%
10	Dixon Technologies (India) Limited ₹67.44 Cr	Consumer Durables	1.16%	1.33%	+0.17%
11	Welspun Corp Limited ₹66.02 Cr	Industrial Products	1.23%	1.30%	+0.07%
12	Sagility Limited ₹56.50 Cr	IT - Services	1.04%	1.11%	+0.07%
13	Aditya Birla Real Estate Limited ₹64.44 Cr	Paper, Forest & Jute Products	1.22%	1.27%	+0.05%
14	Mahindra Logistics Limited ₹50.07 Cr	Transport Services	0.93%	0.98%	+0.05%
15	Voltamp Transformers Limited ₹113.03 Cr	Electrical Equipment	2.19%	2.22%	+0.03%
16	Anthem Biosciences Limited ₹80.72 Cr	Pharmaceuticals & Biotechnology	1.56%	1.59%	+0.03%
17	Adani Green Energy Limited ₹52.55 Cr	Power	1.00%	1.03%	+0.03%
18	Aarti Industries Limited ₹38.00 Cr	Chemicals & Petrochemicals	0.72%	0.75%	+0.03%
19	Fedbank Financial Ser Ltd ₹15.01 Cr	Finance	0.29%	0.30%	+0.01%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	The Ramco Cements Limited ₹64.35 Cr	Cement & Cement Products	2.26%	1.27%	-0.99%
2	Arvind Limited ₹105.65 Cr	Textiles & Apparels	3.06%	2.08%	-0.98%
3	Laurus Labs Limited ₹45.67 Cr	Pharmaceuticals & Biotechnology	1.86%	0.90%	-0.96%
4	Jamna Auto Industries Ltd. ₹13.15 Cr	Auto Components	1.20%	0.26%	-0.94%
5	Bank of Maharashtra ₹18.93 Cr	Banks	0.95%	0.37%	-0.58%
6	JSW Energy Limited ₹20.93 Cr	Power	0.91%	0.41%	-0.50%
7	CreditAccess Grameen Limited ₹23.57 Cr	Finance	0.85%	0.46%	-0.39%
8	Shriram Pistons & Rings Limited ₹82.94 Cr	Auto Components	2.01%	1.63%	-0.38%
9	Cholamandalam Financial Holdings Limited ₹24.69 Cr	Finance	0.87%	0.49%	-0.38%
10	Mrs. Bectors Food Specialities Limited ₹21.53 Cr	Food Products	0.73%	0.42%	-0.31%
11	Vodafone Idea Limited ₹96.21 Cr	Telecom - Services	2.17%	1.89%	-0.28%
12	Ujjivan Small Finance Bank Limited ₹90.35 Cr	Banks	1.99%	1.78%	-0.21%
13	ZF Commercial Vehicle Control Systems India Limited ₹79.96 Cr	Auto Components	1.77%	1.57%	-0.20%
14	NOCIL Limited ₹79.23 Cr	Chemicals & Petrochemicals	1.76%	1.56%	-0.20%
15	Oswal Pumps Ltd. ₹31.20 Cr	Industrial Products	0.81%	0.61%	-0.20%
16	Dalmia Bharat Limited ₹27.71 Cr	Cement & Cement Products	0.74%	0.54%	-0.20%
17	Acutaas Chemicals Ltd ₹51.97 Cr	Pharmaceuticals & Biotechnology	1.20%	1.02%	-0.18%
18	Bandhan Bank Limited ₹43.53 Cr	Banks	1.04%	0.86%	-0.18%
19	GE Vernova T&D India Limited ₹46.74 Cr	Electrical Equipment	1.08%	0.92%	-0.16%
20	Jindal Saw Limited ₹144.08 Cr	Industrial Products	2.97%	2.83%	-0.14%
21	Kirloskar Brothers Limited ₹55.28 Cr	Industrial Products	1.23%	1.09%	-0.14%
22	NBCC (India) Limited ₹50.05 Cr	Construction	1.12%	0.98%	-0.14%
23	Kilburn Engineering Limited ₹41.37 Cr	Industrial Manufacturing	0.95%	0.81%	-0.14%
24	P N Gadgil Jewellers Limited ₹45.72 Cr	Consumer Durables	1.02%	0.90%	-0.12%
25	Mold-Tek Packaging Limited ₹52.06 Cr	Industrial Products	1.13%	1.02%	-0.11%
26	Nitin Spinners Limited ₹59.74 Cr	Textiles & Apparels	1.27%	1.17%	-0.10%
27	Gokaldas Exports Limited ₹50.36 Cr	Textiles & Apparels	1.09%	0.99%	-0.10%
28	Titagarh Rail Systems Limited ₹45.48 Cr	Industrial Manufacturing	0.98%	0.89%	-0.09%
29	Usha Martin Limited ₹111.46 Cr	Industrial Products	2.27%	2.19%	-0.08%
30	Doms Industries Limited ₹54.57 Cr	Household Products	1.15%	1.07%	-0.08%
31	Ratnamani Metals & Tubes Ltd. ₹40.20 Cr	Industrial Products	0.87%	0.79%	-0.08%
32	Supreme Petrochem Ltd. ₹103.02 Cr	Chemicals & Petrochemicals	2.09%	2.03%	-0.06%
33	Arvind Fashions Limited ₹35.59 Cr	Retailing	0.76%	0.70%	-0.06%
34	Kajaria Ceramics Limited ₹29.12 Cr	Consumer Durables	0.63%	0.57%	-0.06%
35	DCB Bank Limited ₹83.56 Cr	Banks	1.69%	1.64%	-0.05%
36	Globus Spirits Limited ₹44.83 Cr	Beverages	0.93%	0.88%	-0.05%
37	AGI Greenpac Limited ₹12.39 Cr	Industrial Products	0.28%	0.24%	-0.04%
38	Asahi India Glass Limited ₹70.17 Cr	Auto Components	1.41%	1.38%	-0.03%
39	Stove Kraft Limited ₹53.99 Cr	Consumer Durables	1.09%	1.06%	-0.03%
40	LG Balakrishnan & Bros Limited ₹38.54 Cr	Auto Components	0.79%	0.76%	-0.03%
41	Sun TV Network Limited ₹34.60 Cr	Entertainment	0.71%	0.68%	-0.03%
42	Glenmark Pharmaceuticals Limited ₹64.68 Cr	Pharmaceuticals & Biotechnology	1.29%	1.27%	-0.02%
43	Ajanta Pharma Limited ₹62.08 Cr	Pharmaceuticals & Biotechnology	1.24%	1.22%	-0.02%
44	Krishna Institute Of Medical Sciences Limited ₹26.44 Cr	Healthcare Services	0.54%	0.52%	-0.02%
45	TILAKNAGAR INDUSTRIES LIMITED ₹46.49 Cr	Beverages	0.92%	0.91%	-0.01%
46	Lumax Auto Technologies Limited ₹32.14 Cr	Auto Components	0.64%	0.63%	-0.01%
47	Navin Fluorine International Limited ₹16.03 Cr	Chemicals & Petrochemicals	0.33%	0.32%	-0.01%

What Stocks Does This Fund Hold?

77 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	Neuland Laboratories Limited ₹196.91 Cr	Pharmaceuticals & Biotechnology	3.87%
2	Multi Commodity Exchange of India Limited ₹195.27 Cr	Capital Markets	3.84%
3	Garware Hi-Tech Films Ltd ₹145.01 Cr	Industrial Products	2.85%
4	Jindal Saw Limited ₹144.08 Cr	Industrial Products	2.83%
5	Oil India Limited ₹128.84 Cr	Oil	2.53%
6	Manappuram Finance Limited ₹124.57 Cr	Finance	2.45%
7	Divi's Laboratories Limited ₹122.05 Cr	Pharmaceuticals & Biotechnology	2.40%
8	Coforge Limited ₹113.59 Cr	IT - Software	2.23%
9	Voltamp Transformers Limited ₹113.03 Cr	Electrical Equipment	2.22%
10	Usha Martin Limited ₹111.46 Cr	Industrial Products	2.19%
11	Arvind Limited ₹105.65 Cr	Textiles & Apparels	2.08%
12	Adani Enterprises Limited ₹105.13 Cr	Metals & Minerals Trading	2.07%
13	Supreme Petrochem Ltd. ₹103.02 Cr	Chemicals & Petrochemicals	2.03%
14	Vodafone Idea Limited ₹96.21 Cr	Telecom - Services	1.89%
15	Ujjivan Small Finance Bank Limited ₹90.35 Cr	Banks	1.78%
16	DCB Bank Limited ₹83.56 Cr	Banks	1.64%
17	Karur Vysya Bank Limited ₹83.37 Cr	Banks	1.64%
18	Shriram Pistons & Rings Limited ₹82.94 Cr	Auto Components	1.63%
19	Anthem Biosciences Limited ₹80.72 Cr	Pharmaceuticals & Biotechnology	1.59%
20	Sona BLW Precision Forgings Limited ₹80.97 Cr	Auto Components	1.59%
21	ZF Commercial Vehicle Control Systems India Limited ₹79.96 Cr	Auto Components	1.57%
22	NOCIL Limited ₹79.23 Cr	Chemicals & Petrochemicals	1.56%
23	Adani Energy Solutions Limited ₹77.11 Cr	Power	1.52%
24	Asahi India Glass Limited ₹70.17 Cr	Auto Components	1.38%
25	Dixon Technologies (India) Limited ₹67.44 Cr	Consumer Durables	1.33%
26	Welspun Corp Limited ₹66.02 Cr	Industrial Products	1.30%
27	The Ramco Cements Limited ₹64.35 Cr	Cement & Cement Products	1.27%
28	Aditya Birla Real Estate Limited ₹64.44 Cr	Paper, Forest & Jute Products	1.27%
29	Glenmark Pharmaceuticals Limited ₹64.68 Cr	Pharmaceuticals & Biotechnology	1.27%
30	Ganesha Ecosphere Limited ₹62.68 Cr	Textiles & Apparels	1.23%
31	Ideaforge Technology Limited ₹62.40 Cr	Aerospace & Defense	1.23%
32	Ajanta Pharma Limited ₹62.08 Cr	Pharmaceuticals & Biotechnology	1.22%
33	Nitin Spinners Limited ₹59.74 Cr	Textiles & Apparels	1.17%
34	Ather Energy Limited ₹57.02 Cr	Automobiles	1.12%
35	Sagility Limited ₹56.50 Cr	IT - Services	1.11%
36	Kirloskar Brothers Limited ₹55.28 Cr	Industrial Products	1.09%
37	Doms Industries Limited ₹54.57 Cr	Household Products	1.07%
38	Stove Kraft Limited ₹53.99 Cr	Consumer Durables	1.06%
39	Adani Green Energy Limited ₹52.55 Cr	Power	1.03%
40	Mold-Tek Packaging Limited ₹52.06 Cr	Industrial Products	1.02%
41	Acutaas Chemicals Ltd ₹51.97 Cr	Pharmaceuticals & Biotechnology	1.02%
42	Gokaldas Exports Limited ₹50.36 Cr	Textiles & Apparels	0.99%
43	Mahindra Logistics Limited ₹50.07 Cr	Transport Services	0.98%
44	NBCC (India) Limited ₹50.05 Cr	Construction	0.98%
45	Blue Star Limited ₹47.86 Cr	Consumer Durables	0.94%
46	GE Vernova T&D India Limited ₹46.74 Cr	Electrical Equipment	0.92%
47	TILAKNAGAR INDUSTRIES LIMITED ₹46.49 Cr	Beverages	0.91%
48	Laurus Labs Limited ₹45.67 Cr	Pharmaceuticals & Biotechnology	0.90%
49	P N Gadgil Jewellers Limited ₹45.72 Cr	Consumer Durables	0.90%
50	Titagarh Rail Systems Limited ₹45.48 Cr	Industrial Manufacturing	0.89%
51	Globus Spirits Limited ₹44.83 Cr	Beverages	0.88%
52	Bandhan Bank Limited ₹43.53 Cr	Banks	0.86%
53	Kilburn Engineering Limited ₹41.37 Cr	Industrial Manufacturing	0.81%
54	Bajaj Auto Limited ₹39.95 Cr	Automobiles	0.79%
55	Ratnamani Metals & Tubes Ltd. ₹40.20 Cr	Industrial Products	0.79%
56	LG Balakrishnan & Bros Limited ₹38.54 Cr	Auto Components	0.76%
57	Aarti Industries Limited ₹38.00 Cr	Chemicals & Petrochemicals	0.75%
58	Gabriel India Limited ₹37.69 Cr	Auto Components	0.74%
59	Kalyan Jewellers India Limited ₹36.76 Cr	Consumer Durables	0.72%
60	Arvind Fashions Limited ₹35.59 Cr	Retailing	0.70%
61	Sun TV Network Limited ₹34.60 Cr	Entertainment	0.68%
62	Lumax Auto Technologies Limited ₹32.14 Cr	Auto Components	0.63%
63	Oswal Pumps Ltd. ₹31.20 Cr	Industrial Products	0.61%
64	GlaxoSmithKline Pharmaceuticals Limited ₹30.05 Cr	Pharmaceuticals & Biotechnology	0.59%
65	Kajaria Ceramics Limited ₹29.12 Cr	Consumer Durables	0.57%
66	Dalmia Bharat Limited ₹27.71 Cr	Cement & Cement Products	0.54%
67	Krishna Institute Of Medical Sciences Limited ₹26.44 Cr	Healthcare Services	0.52%
68	Cholamandalam Financial Holdings Limited ₹24.69 Cr	Finance	0.49%
69	CreditAccess Grameen Limited ₹23.57 Cr	Finance	0.46%
70	Mrs. Bectors Food Specialities Limited ₹21.53 Cr	Food Products	0.42%
71	JSW Energy Limited ₹20.93 Cr	Power	0.41%
72	Bank of Maharashtra ₹18.93 Cr	Banks	0.37%
73	Navin Fluorine International Limited ₹16.03 Cr	Chemicals & Petrochemicals	0.32%
74	Fedbank Financial Ser Ltd ₹15.01 Cr	Finance	0.30%
75	Jamna Auto Industries Ltd. ₹13.15 Cr	Auto Components	0.26%
76	AGI Greenpac Limited ₹12.39 Cr	Industrial Products	0.24%
77	LAKSHMI MACHINE WORKS LTD ₹4.77 Cr	Industrial Manufacturing	0.09%