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Mahindra Manulife Value Fund - Direct Plan - Growth

Value/Contra Data as of Apr 2026 Comparing Mar 2026 → Apr 2026
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Stocks Held
73
Apr 2026
Equity Holdings
₹768.26 Cr
Equity only, excl. debt & cash
Top 5 Weight
14.0%
Diversified
Top 10 Weight
25.9%
Diversified
Changes
75
11 new · 3 exits
Top Sector
Banks
14.1% of portfolio
📋 What Happened This Month Mahindra Manulife Value Fund made 11 new additions and exited 3 stocks this month. The biggest new buy was Mazagon Dock Shipbuilders Limited (Industrial Manufacturing) at 1.13% weight. PNB Housing Finance Limited was the biggest exit (Finance), which was held at 1.08%. Among existing holdings, Shriram Finance Limited saw the biggest increase — now at 2.37% of the portfolio. Oil India Limited was trimmed the most, now at 1.65%. Reliance Industries Limited remains the top holding with Banks the dominant sector at 14.1%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Feb 2026 Mar 2026
Sector Prev Curr Delta
Banks 14.9% 12.8% -2.1%
Pharmaceuticals & Biotechnology 9.7% 9.9% +0.3%
IT - Software 6.7% 8.2% +1.6%
Auto Components 8.8% 7.7% -1.0%
Power 5.3% 5.3% 0.0%
Cement & Cement Products 5.7% 5.1% -0.6%
Petroleum Products 3.8% 5.0% +1.2%
Telecom - Services 5.1% 4.7% -0.4%
Electrical Equipment 3.0% 4.6% +1.6%
Finance 5.1% 4.3% -0.8%
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 12.8% 14.1% +1.3%
Pharmaceuticals & Biotechnology 9.9% 8.6% -1.3%
Auto Components 7.7% 7.6% -0.1%
IT - Software 8.2% 6.9% -1.4%
Power 5.3% 5.7% +0.4%
Petroleum Products 5.0% 5.3% +0.3%
Cement & Cement Products 5.1% 5.1% +0.0%
Telecom - Services 4.7% 4.5% -0.2%
Electrical Equipment 4.6% 4.5% -0.1%
Industrial Products 3.3% 4.1% +0.8%
🟢
Biggest New Buy
Mazagon Dock Shipbuilders Limited
1.13% weight · Industrial Manufacturing
🔴
Biggest Exit
PNB Housing Finance Limited
1.08% was held · Finance
Biggest Add
Shriram Finance Limited
+0.74% · now 2.37%
Biggest Trim
Oil India Limited
-1.55% · now 1.65%
🤝 Other funds also bought this month
Talwandi Sabo Power Limited 183 funds
Talwandi Sabo Power Limited
Motilal Oswal Nifty MNC ETF
ICICI Prudential Commodities Fund - Direct Plan - Growth Option
SBI MNC FUND - DIRECT PLAN -GROWTH + more
Vedanta Aluminium Metal Limited 183 funds
Vedanta Aluminium Metal Limited
Nippon India ETF Nifty Next 50 Junior BeES
Aditya Birla Sun Life Nifty Next 50 Index Fund-Direct Growth
Aditya Birla Sunlife Nifty Next 50 ETF + more
Vedanta Iron And Steel Limited 183 funds
Vedanta Iron And Steel Limited
Motilal Oswal Nifty MNC ETF
ICICI Prudential Commodities Fund - Direct Plan - Growth Option
SBI MNC FUND - DIRECT PLAN -GROWTH + more
Malco Energy Limited 176 funds
Malco Energy Limited
Motilal Oswal Nifty MNC ETF
ICICI Prudential Commodities Fund - Direct Plan - Growth Option
SBI MNC FUND - DIRECT PLAN -GROWTH + more
Maruti Suzuki India Limited 76 funds
Maruti Suzuki India Limited
HDFC Transportation and Logistics Fund
ICICI Prudential Long Term Wealth Enhancement Fund
HDFC Nifty Growth Sectors 15 ETF + more
Vedanta Limited 38 funds
Vedanta Limited
Mirae Asset Nifty 500 Value 50 ETF
Bandhan Nifty 500 Value 50 Index Fund
UTI - Nifty Next 50 Exchange Traded Fund. + more
👋 Other funds also exited
Wipro Limited 19 funds
Wipro Limited
ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth
ICICI Prudential Nifty50 Value 20 Index Fund - Direct Plan - Growth + more
EID Parry India Limited 3 funds
EID Parry India Limited
LIC MF Multi Cap Fund-Direct Plan-Growth
Sundaram Multi Cap Fund (Formerly Known as Principal Multi Cap Growth Fund)-Direct Plan - Growth Option
Franklin India Multi-Factor Fund- Direct- Growth
PNB Housing Finance Limited 3 funds
PNB Housing Finance Limited
Tata Value Fund -Direct Plan Growth Option
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 Apr 2026
🟢 11 New Entries 🔴 3 Exits ↑ 28 Increased ↓ 33 Decreased
#StockSectorWeight (Apr 2026)
1
Mazagon Dock Shipbuilders Limited
₹8.75 Cr
Industrial Manufacturing 1.13%
2
Maruti Suzuki India Limited
₹8.39 Cr
Automobiles 1.08%
3
Balrampur Chini Mills Limited
₹7.82 Cr
Agricultural Food & other Products 1.01%
4
Container Corporation of India Limited
₹7.63 Cr
Transport Services 0.98%
5
Engineers India Limited
₹7.56 Cr
Construction 0.97%
6
Elecon Engineering Company Limited
₹5.97 Cr
Electrical Equipment 0.77%
7
Vedanta Limited
₹3.26 Cr
Diversified Metals 0.42%
8
Talwandi Sabo Power Limited
₹1.45 Cr
Power 0.19%
9
Vedanta Iron And Steel Limited
₹1.45 Cr
Metals & Minerals Trading 0.19%
10
Malco Energy Limited
₹1.45 Cr
Power 0.19%
#StockSectorLast Weight (Mar 2026)
1
PNB Housing Finance Limited
₹7.24 Cr
Finance 1.08%
2
Wipro Limited
₹6.38 Cr
IT - Software 0.95%
3
EID Parry India Limited
₹3.72 Cr
Food Products 0.56%
#StockSectorMar 2026Apr 2026Change
1
Shriram Finance Limited
₹18.44 Cr
Finance 1.63% 2.37% +0.74%
2
Carborundum Universal Limited
₹10.20 Cr
Industrial Products 0.66% 1.31% +0.65%
3
Thermax Limited
₹12.64 Cr
Electrical Equipment 1.07% 1.63% +0.56%
4
HDFC Bank Limited
₹19.64 Cr
Banks 2.07% 2.53% +0.46%
5
Reliance Industries Limited
₹24.32 Cr
Petroleum Products 2.71% 3.13% +0.42%
6
ICICI Bank Limited
₹21.48 Cr
Banks 2.34% 2.76% +0.42%
7
Ambuja Cements Limited
₹11.88 Cr
Cement & Cement Products 1.15% 1.53% +0.38%
8
Bandhan Bank Limited
₹12.08 Cr
Banks 1.28% 1.55% +0.27%
9
Vodafone Idea Limited
₹14.21 Cr
Telecom - Services 1.58% 1.83% +0.25%
10
Tata Consultancy Services Limited
₹13.61 Cr
IT - Software 1.62% 1.75% +0.13%
#StockSectorMar 2026Apr 2026Change
1
Oil India Limited
₹12.81 Cr
Oil 3.20% 1.65% -1.55%
2
Voltamp Transformers Limited
₹9.42 Cr
Electrical Equipment 2.14% 1.21% -0.93%
3
Bharat Heavy Electricals Limited
₹6.52 Cr
Electrical Equipment 1.34% 0.84% -0.50%
4
Indus Towers Limited
₹20.78 Cr
Telecom - Services 3.16% 2.67% -0.49%
5
HCL Technologies Limited
₹9.24 Cr
IT - Software 1.54% 1.19% -0.35%
6
Sun Pharmaceutical Industries Limited
₹11.39 Cr
Pharmaceuticals & Biotechnology 1.81% 1.47% -0.34%
7
Glenmark Pharmaceuticals Limited
₹13.72 Cr
Pharmaceuticals & Biotechnology 2.10% 1.77% -0.33%
8
Biocon Limited
₹11.87 Cr
Pharmaceuticals & Biotechnology 1.78% 1.53% -0.25%
9
The Ramco Cements Limited
₹12.53 Cr
Cement & Cement Products 1.84% 1.61% -0.23%
10
Alkem Laboratories Limited
₹11.25 Cr
Pharmaceuticals & Biotechnology 1.65% 1.45% -0.20%

Full Portfolio

73 stocks — Apr 2026

# Stock Sector Cap Weight & Value
1
₹24.32 Cr
Petroleum Products
3.13%
2
₹21.48 Cr
Banks
2.76%
3
₹21.22 Cr
Auto Components
2.73%
4
₹20.78 Cr
Telecom - Services
2.67%
5
₹20.70 Cr
Banks
2.66%
6
₹19.99 Cr
Automobiles
2.57%
7
₹19.64 Cr
Banks
2.53%
8
₹18.44 Cr
Finance
2.37%
9
₹18.24 Cr
Power
2.35%
10
₹16.63 Cr
IT - Software
2.14%
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🏦 Mahindra Manulife Mutual Fund — Portfolio & Holdings
See all funds managed by Mahindra Manulife Mutual Fund — conviction stocks, monthly entries & exits

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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