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Mahindra Manulife Small Cap Fund - Direct Plan - Growth

Small Cap Data as of Sep 2026 Comparing Aug 2026 → Sep 2026
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Stocks Held
85
Sep 2026
Equity Holdings
₹5,331.08 Cr
Equity only, excl. debt & cash
AAUM
₹5,236.50 Cr
Jul-Sep 2026 · Direct + Regular
Top 5 Weight
17.7%
Diversified
Top 10 Weight
29.5%
Diversified
Changes
85
5 new · 1 exits
Top Sector
Industrial Products
15.3% of portfolio
Launch Date
21 Nov 2022
4 years old

AAUM (Average Assets Under Management) of ₹5,236.50 Cr for Jul-Sep 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 5 new additions and exited 1 stock this month. The biggest new buy was Solar Industries India Limited (Chemicals & Petrochemicals) at 1.68% weight. CreditAccess Grameen Limited was the biggest exit (Finance), which was held at 0.09%. Among existing holdings, Sun TV Network Limited saw the biggest increase — now at 1.61% of the portfolio. Neuland Laboratories Limited was trimmed the most, now at 2.43%. Multi Commodity Exchange of India Limited remains the top holding with Industrial Products the dominant sector at 15.3%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Jul 2026 → Aug 2026
Sector Prev Curr ▼ Delta
Pharmaceuticals & Biotechnology 12.9% 15.6% ▲ +2.8%
Industrial Products 12.9% 12.9% ● +0.0%
Auto Components 8.6% 8.2% ▼ -0.3%
Capital Markets 3.8% 5.8% ▲ +1.9%
Banks 6.3% 5.7% ▼ -0.6%
Textiles & Apparels 5.5% 5.5% ● +0.1%
Consumer Durables 5.5% 5.4% ▼ -0.2%
Chemicals & Petrochemicals 4.7% 5.1% ▲ +0.4%
Electrical Equipment 3.1% 3.4% ▲ +0.3%
Finance 3.7% 2.9% ▼ -0.8%
Aug 2026 → Sep 2026
Sector Prev Curr ▼ Delta
Industrial Products 12.9% 15.3% ▲ +2.4%
Pharmaceuticals & Biotechnology 15.6% 15.2% ▼ -0.4%
Auto Components 8.2% 8.7% ▲ +0.4%
Chemicals & Petrochemicals 5.1% 8.2% ▲ +3.1%
Banks 5.7% 6.1% ▲ +0.4%
Textiles & Apparels 5.5% 4.9% ▼ -0.6%
Consumer Durables 5.4% 4.7% ▼ -0.7%
Capital Markets 5.8% 4.6% ▼ -1.1%
Electrical Equipment 3.4% 3.3% ● -0.1%
Finance 2.9% 3.1% ▲ +0.2%
🟢
Biggest New Buy
Solar Industries India Limited
1.68% weight · Chemicals & Petrochemicals
🔴
Biggest Exit
CreditAccess Grameen Limited
0.09% was held · Finance
↑
Biggest Add
Sun TV Network Limited
+1.03% · now 1.61%
↓
Biggest Trim
Neuland Laboratories Limited
-1.92% · now 2.43%
🤝 Other funds also bought this month
Solar Industries India Limited 27 funds
Solar Industries India Limited
ITI Focused Fund - Direct Plan - Growth
LIC MF Unit Linked Insurance Scheme
Samco Large & Mid Cap Fund + more
Finolex Cables Limited 18 funds
Finolex Cables Limited
Sundaram Business Cycle Fund Direct Plan Growth
ICICI Prudential Active Momentum Fund - Direct Plan - Growth
ICICI Prudential Life Cycle Fund 2036 + more
Graphite India Limited 13 funds
Graphite India Limited
ITI Focused Fund - Direct Plan - Growth
JM Multi Asset Allocation Fund
HDFC MNC Fund - Growth Option - Direct Plan + more
HBL Engineering Limited 7 funds
HBL Engineering Limited
Mahindra Manulife Business Cycle Fund - Direct Plan - Growth
Mahindra Manulife Value Fund - Direct Plan - Growth
Mahindra Manulife Innovation Opportunities Fund - Direct - Growth + more
Archean Chemical Industries Limited 1 fund
Archean Chemical Industries Limited
WhiteOak Capital Special Opportunities Fund - Direct Growth
👋 Other funds also exited
CreditAccess Grameen Limited 11 funds
CreditAccess Grameen Limited
Union Business Cycle Fund - Direct Plan - Growth Option
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth
Zerodha Nifty Smallcap 100 ETF + more

What Changed in the Portfolio This Month?

Comparing Aug 2026 → Sep 2026

Aug 2026 → Sep 2026
🟢 5 New Entries 🔴 1 Exit ↑ 34 Increased ↓ 45 Decreased
#StockSectorWeight (Sep 2026)
1
Solar Industries India Limited
₹90.28 Cr
Chemicals & Petrochemicals 1.68%
2
HBL Engineering Limited
₹86.96 Cr
Industrial Products 1.62%
3
Archean Chemical Industries Limited
₹48.59 Cr
Chemicals & Petrochemicals 0.90%
4
Graphite India Limited
₹34.42 Cr
Industrial Products 0.64%
5
Finolex Cables Limited
₹31.63 Cr
Industrial Products 0.59%
#StockSectorLast Weight (Aug 2026)
1
CreditAccess Grameen Limited
₹4.99 Cr
Finance 0.09%
#StockSectorAug 2026Sep 2026Change
1
Sun TV Network Limited
₹86.53 Cr
Entertainment 0.58% 1.61% +1.03%
2
Divi's Laboratories Limited
₹243.90 Cr
Pharmaceuticals & Biotechnology 3.71% 4.54% +0.83%
3
Supreme Petrochem Ltd.
₹134.54 Cr
Chemicals & Petrochemicals 1.93% 2.50% +0.57%
4
Bandhan Bank Limited
₹68.62 Cr
Banks 0.75% 1.28% +0.53%
5
Acutaas Chemicals Ltd
₹79.49 Cr
Pharmaceuticals & Biotechnology 0.97% 1.48% +0.51%
6
Lumax Auto Technologies Limited
₹42.69 Cr
Auto Components 0.44% 0.79% +0.35%
7
Manappuram Finance Limited
₹71.44 Cr
Finance 1.03% 1.33% +0.30%
8
Kajaria Ceramics Limited
₹44.83 Cr
Consumer Durables 0.55% 0.83% +0.28%
9
Ujjivan Small Finance Bank Limited
₹96.75 Cr
Banks 1.59% 1.80% +0.21%
10
Kilburn Engineering Limited
₹49.78 Cr
Industrial Manufacturing 0.74% 0.93% +0.19%
#StockSectorAug 2026Sep 2026Change
1
Neuland Laboratories Limited
₹130.40 Cr
Pharmaceuticals & Biotechnology 4.35% 2.43% -1.92%
2
Multi Commodity Exchange of India Limited
₹247.96 Cr
Capital Markets 5.75% 4.62% -1.13%
3
Dixon Technologies (India) Limited
₹20.16 Cr
Consumer Durables 1.30% 0.38% -0.92%
4
Gokaldas Exports Limited
₹7.07 Cr
Textiles & Apparels 0.88% 0.13% -0.75%
5
Jindal Saw Limited
₹170.58 Cr
Industrial Products 3.48% 3.17% -0.31%
6
Oswal Pumps Ltd.
₹11.18 Cr
Industrial Products 0.51% 0.21% -0.30%
7
Ather Energy Limited
₹85.85 Cr
Automobiles 1.89% 1.60% -0.29%
8
Bank of Maharashtra
₹16.08 Cr
Banks 0.49% 0.30% -0.19%
9
Coforge Limited
₹83.96 Cr
IT - Software 1.74% 1.56% -0.18%
10
Aditya Birla Real Estate Limited
₹30.50 Cr
Paper, Forest & Jute Products 0.75% 0.57% -0.18%

What Stocks Does This Fund Hold?

85 stocks — Sep 2026

# Stock Sector Cap Weight & Value
1
₹247.96 Cr
Capital Markets
4.62%
2
₹243.90 Cr
Pharmaceuticals & Biotechnology
4.54%
3
₹170.58 Cr
Industrial Products
3.17%
4
₹156.28 Cr
Industrial Products
2.91%
5
₹134.54 Cr
Chemicals & Petrochemicals
2.50%
6
₹132.20 Cr
Electrical Equipment
2.46%
7
₹130.35 Cr
Oil
2.43%
8
₹130.40 Cr
Pharmaceuticals & Biotechnology
2.43%
9
₹127.18 Cr
Textiles & Apparels
2.37%
10
₹112.07 Cr
Industrial Products
2.09%
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🏦 Mahindra Manulife Mutual Fund — Portfolio & Holdings
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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