What stocks does Mahindra Manulife Value Fund hold?

Mahindra Manulife Value 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 Value Fund?

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

What category is Mahindra Manulife Value Fund?

Mahindra Manulife Value Fund is classified as a Value/Contra mutual fund under SEBI's mutual fund categorisation framework.

How often is Mahindra Manulife Value Fund portfolio data updated?

Portfolio holdings for Mahindra Manulife Value 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 Value Fund - Direct Plan - Growth

Value/Contra Data as of Jul 2026 Comparing Jun 2026 → Jul 2026

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Stocks Held

Jul 2026

Equity Holdings

₹918.21 Cr

Equity only, excl. debt & cash

AAUM

₹802.26 Cr

Apr-Jun 2026 · Direct + Regular

Top 5 Weight

15.6%

Diversified

Top 10 Weight

27.4%

Diversified

Changes

3 new · 6 exits

Top Sector

Banks

19.7% of portfolio

Launch Date

07 Feb 2025

1 years old

AAUM (Average Assets Under Management) of ₹802.26 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 Value Fund made 3 new additions and exited 6 stocks this month. The biggest new buy was Oil India Limited (Oil) at 2.47% weight. Bharat Petroleum Corporation Limited was the biggest exit (Petroleum Products), which was held at 1.02%. Among existing holdings, Adani Enterprises Limited saw the biggest increase — now at 2.67% of the portfolio. Aurobindo Pharma Limited was trimmed the most, now at 0.38%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 19.7%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mahindra Manulife Value Fund - Direct Plan - Growth

+3.45%

+4.04%

+5.96%

+15.35%

Latest NAV

₹13.11

24 Aug 2026

52W High

₹13.11

At High

52W Low

₹9.97

+32% from Low

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

13.0%

+ve in 100% windows

24.3% / 6.2%

Crisis Period Behaviour

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

2024–25 Tariff

-6.2%

Rec: Apr 2025 (1 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

Pre-inception

Rec: N/A

2018 IL&FS

Pre-inception

Rec: N/A

NAV Chart ₹13.11 24 Aug 2026

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

Mahindra Manulife Value Fund - Direct Plan - Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹13.11

Sector Shift Industry allocation month-over-month

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	16.5%	20.9%	▲ +4.4%
Pharmaceuticals & Biotechnology	9.0%	9.3%	▲ +0.2%
Auto Components	7.2%	7.0%	▼ -0.2%
IT - Software	7.3%	6.3%	▼ -1.0%
Power	6.2%	5.7%	▼ -0.4%
Cement & Cement Products	5.4%	5.0%	▼ -0.4%
Industrial Products	4.2%	4.4%	▲ +0.2%
Finance	4.4%	4.4%	● 0.0%
Petroleum Products	4.7%	4.4%	▼ -0.4%
Telecom - Services	5.3%	4.2%	▼ -1.1%

Jun 2026 → Jul 2026

Sector	Prev	Curr ▼	Delta
Banks	20.9%	19.7%	▼ -1.2%
Pharmaceuticals & Biotechnology	9.3%	9.0%	▼ -0.3%
Power	5.7%	7.2%	▲ +1.4%
IT - Software	6.3%	6.9%	▲ +0.7%
Auto Components	7.0%	6.3%	▼ -0.7%
Cement & Cement Products	5.0%	5.5%	▲ +0.5%
Finance	4.4%	4.2%	▼ -0.2%
Industrial Products	4.4%	4.1%	▼ -0.3%
Automobiles	3.2%	4.1%	▲ +0.9%
Telecom - Services	4.2%	3.8%	▼ -0.4%

🟢

Biggest New Buy

Oil India Limited

2.47% weight · Oil

🔴

Biggest Exit

Bharat Petroleum Corporation Limited

1.02% was held · Petroleum Products

↑

Biggest Add

Adani Enterprises Limited

+1.00% · now 2.67%

↓

Biggest Trim

Aurobindo Pharma Limited

-0.82% · now 0.38%

🤝 Other funds also bought this month

Adani Energy Solutions Limited 22 funds

Oil India Limited 17 funds

Deepak Nitrite Limited 2 funds

👋 Other funds also exited

Talwandi Sabo Power Limited 44 funds

Hindustan Petroleum Corporation Limited 42 funds

Malco Energy Limited 38 funds

Bharat Petroleum Corporation Limited 35 funds

Vedanta Iron And Steel Limited 33 funds

Aditya Birla Fashion and Retail Limited 6 funds

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 → Jul 2026

🟢 3 New Entries 🔴 6 Exits ↑ 21 Increased ↓ 43 Decreased

#	Stock	Sector	Weight (Jul 2026)
1	Oil India Limited ₹23.36 Cr	Oil	2.47%
2	Adani Energy Solutions Limited ₹19.14 Cr	Power	2.02%
3	Deepak Nitrite Limited ₹4.99 Cr	Chemicals & Petrochemicals	0.53%

#	Stock	Sector	Last Weight (Jun 2026)
1	Bharat Petroleum Corporation Limited ₹9.11 Cr	Petroleum Products	1.02%
2	Hindustan Petroleum Corporation Limited ₹7.89 Cr	Petroleum Products	0.88%
3	Aditya Birla Fashion and Retail Limited ₹5.23 Cr	Retailing	0.59%
4	Talwandi Sabo Power Limited ₹48.34 L	Power	0.05%
5	Vedanta Iron And Steel Limited ₹42.31 L	Metals & Minerals Trading	0.05%
6	Malco Energy Limited ₹38.69 L	Power	0.04%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Adani Enterprises Limited ₹25.26 Cr	Metals & Minerals Trading	1.67%	2.67%	+1.00%
2	Ambuja Cements Limited ₹23.01 Cr	Cement & Cement Products	1.69%	2.43%	+0.74%
3	Reliance Industries Limited ₹27.46 Cr	Petroleum Products	2.46%	2.90%	+0.44%
4	Bajaj Auto Limited ₹24.77 Cr	Automobiles	2.18%	2.62%	+0.44%
5	Maruti Suzuki India Limited ₹13.66 Cr	Automobiles	1.00%	1.44%	+0.44%
6	Sun Pharmaceutical Industries Limited ₹16.52 Cr	Pharmaceuticals & Biotechnology	1.31%	1.74%	+0.43%
7	Vedanta Aluminium Metal Limited ₹9.08 Cr	Metals & Minerals Trading	0.60%	0.96%	+0.36%
8	Glenmark Pharmaceuticals Limited ₹11.53 Cr	Pharmaceuticals & Biotechnology	0.91%	1.22%	+0.31%
9	Elecon Engineering Company Limited ₹10.41 Cr	Electrical Equipment	0.80%	1.10%	+0.30%
10	IDFC First Bank Limited ₹18.21 Cr	Banks	1.65%	1.92%	+0.27%
11	HCL Technologies Limited ₹10.38 Cr	IT - Software	0.93%	1.10%	+0.17%
12	Tech Mahindra Limited ₹15.69 Cr	IT - Software	1.50%	1.66%	+0.16%
13	Tata Consultancy Services Limited ₹13.01 Cr	IT - Software	1.25%	1.37%	+0.12%
14	Ujjivan Small Finance Bank Limited ₹7.53 Cr	Banks	0.69%	0.80%	+0.11%
15	Infosys Limited ₹15.91 Cr	IT - Software	1.58%	1.68%	+0.10%
16	Coforge Limited ₹10.33 Cr	IT - Software	0.99%	1.09%	+0.10%
17	IndusInd Bank Limited ₹22.88 Cr	Banks	2.34%	2.42%	+0.08%
18	Mahindra Logistics Limited ₹13.00 Cr	Transport Services	1.33%	1.37%	+0.04%
19	The Federal Bank Limited ₹12.92 Cr	Banks	1.33%	1.36%	+0.03%
20	Container Corporation of India Limited ₹7.88 Cr	Transport Services	0.80%	0.83%	+0.03%
21	Jio Financial Services Limited ₹6.41 Cr	Finance	0.66%	0.68%	+0.02%

#	Stock	Sector	Jun 2026	Jul 2026	Change
1	Aurobindo Pharma Limited ₹3.58 Cr	Pharmaceuticals & Biotechnology	1.20%	0.38%	-0.82%
2	Axis Bank Limited ₹18.59 Cr	Banks	2.53%	1.96%	-0.57%
3	HDFC Bank Limited ₹16.35 Cr	Banks	2.27%	1.73%	-0.54%
4	Sun TV Network Limited ₹1.45 Cr	Entertainment	0.65%	0.15%	-0.50%
5	Bandhan Bank Limited ₹16.80 Cr	Banks	2.21%	1.77%	-0.44%
6	Tube Investments of India Limited ₹19.82 Cr	Auto Components	2.44%	2.09%	-0.35%
7	Vodafone Idea Limited ₹16.03 Cr	Telecom - Services	2.00%	1.69%	-0.31%
8	JSW Energy Limited ₹23.57 Cr	Power	2.78%	2.49%	-0.29%
9	Rolex Rings Limited ₹7.17 Cr	Auto Components	0.98%	0.76%	-0.22%
10	K.P.R. Mill Limited ₹9.45 Cr	Textiles & Apparels	1.19%	1.00%	-0.19%
11	Jindal Saw Limited ₹17.09 Cr	Industrial Products	1.95%	1.80%	-0.15%
12	Voltamp Transformers Limited ₹11.93 Cr	Electrical Equipment	1.40%	1.26%	-0.14%
13	Shriram Finance Limited ₹20.59 Cr	Finance	2.30%	2.17%	-0.13%
14	Indus Towers Limited ₹19.82 Cr	Telecom - Services	2.22%	2.09%	-0.13%
15	Engineers India Limited ₹8.34 Cr	Construction	1.01%	0.88%	-0.13%
16	Kirloskar Brothers Limited ₹7.29 Cr	Industrial Products	0.90%	0.77%	-0.13%
17	Kajaria Ceramics Limited ₹9.20 Cr	Consumer Durables	1.09%	0.97%	-0.12%
18	Gokaldas Exports Limited ₹8.25 Cr	Textiles & Apparels	0.99%	0.87%	-0.12%
19	NBCC (India) Limited ₹6.64 Cr	Construction	0.82%	0.70%	-0.12%
20	Grasim Industries Limited ₹16.85 Cr	Cement & Cement Products	1.89%	1.78%	-0.11%
21	Coal India Limited ₹8.28 Cr	Consumable Fuels	0.98%	0.87%	-0.11%
22	The Ramco Cements Limited ₹12.30 Cr	Cement & Cement Products	1.40%	1.30%	-0.10%
23	Mazagon Dock Shipbuilders Limited ₹7.62 Cr	Industrial Manufacturing	0.90%	0.80%	-0.10%
24	NMDC Limited ₹13.27 Cr	Minerals & Mining	1.49%	1.40%	-0.09%
25	CEAT Limited ₹11.02 Cr	Auto Components	1.25%	1.16%	-0.09%
26	NHPC Limited ₹9.45 Cr	Power	1.09%	1.00%	-0.09%
27	ICICI Bank Limited ₹46.65 Cr	Banks	5.01%	4.93%	-0.08%
28	CESC Limited ₹8.28 Cr	Power	0.95%	0.87%	-0.08%
29	Biocon Limited ₹14.05 Cr	Pharmaceuticals & Biotechnology	1.55%	1.48%	-0.07%
30	Zydus Lifesciences Limited ₹11.18 Cr	Pharmaceuticals & Biotechnology	1.24%	1.18%	-0.06%
31	Cipla Limited ₹9.88 Cr	Pharmaceuticals & Biotechnology	1.10%	1.04%	-0.06%
32	Petronet LNG Limited ₹8.42 Cr	Gas	0.94%	0.89%	-0.05%
33	Gujarat Industries Power Company Limited ₹7.40 Cr	Power	0.83%	0.78%	-0.05%
34	REC Limited ₹12.86 Cr	Finance	1.40%	1.36%	-0.04%
35	Tata Steel Limited ₹8.49 Cr	Ferrous Metals	0.94%	0.90%	-0.04%
36	Alkem Laboratories Limited ₹11.99 Cr	Pharmaceuticals & Biotechnology	1.30%	1.27%	-0.03%
37	LAKSHMI MACHINE WORKS LTD ₹7.43 Cr	Industrial Manufacturing	0.81%	0.78%	-0.03%
38	RBL Bank Limited ₹5.63 Cr	Banks	0.62%	0.59%	-0.03%
39	Asahi India Glass Limited ₹7.94 Cr	Auto Components	0.86%	0.84%	-0.02%
40	Punjab National Bank ₹21.34 Cr	Banks	2.26%	2.25%	-0.01%
41	Carborundum Universal Limited ₹14.67 Cr	Industrial Products	1.56%	1.55%	-0.01%
42	Shriram Pistons & Rings Limited ₹13.81 Cr	Auto Components	1.47%	1.46%	-0.01%
43	GAIL (India) Limited ₹9.07 Cr	Gas	0.97%	0.96%	-0.01%

What Stocks Does This Fund Hold?

69 stocks — Jul 2026

#	Stock	Sector	Weight & Value
1	ICICI Bank Limited ₹46.65 Cr	Banks	4.93%
2	Reliance Industries Limited ₹27.46 Cr	Petroleum Products	2.90%
3	Adani Enterprises Limited ₹25.26 Cr	Metals & Minerals Trading	2.67%
4	Bajaj Auto Limited ₹24.77 Cr	Automobiles	2.62%
5	JSW Energy Limited ₹23.57 Cr	Power	2.49%
6	Oil India Limited ₹23.36 Cr	Oil	2.47%
7	Ambuja Cements Limited ₹23.01 Cr	Cement & Cement Products	2.43%
8	IndusInd Bank Limited ₹22.88 Cr	Banks	2.42%
9	Punjab National Bank ₹21.34 Cr	Banks	2.25%
10	Shriram Finance Limited ₹20.59 Cr	Finance	2.17%
11	Tube Investments of India Limited ₹19.82 Cr	Auto Components	2.09%
12	Indus Towers Limited ₹19.82 Cr	Telecom - Services	2.09%
13	Adani Energy Solutions Limited ₹19.14 Cr	Power	2.02%
14	Axis Bank Limited ₹18.59 Cr	Banks	1.96%
15	IDFC First Bank Limited ₹18.21 Cr	Banks	1.92%
16	Jindal Saw Limited ₹17.09 Cr	Industrial Products	1.80%
17	Grasim Industries Limited ₹16.85 Cr	Cement & Cement Products	1.78%
18	Bandhan Bank Limited ₹16.80 Cr	Banks	1.77%
19	Sun Pharmaceutical Industries Limited ₹16.52 Cr	Pharmaceuticals & Biotechnology	1.74%
20	HDFC Bank Limited ₹16.35 Cr	Banks	1.73%
21	Vodafone Idea Limited ₹16.03 Cr	Telecom - Services	1.69%
22	Infosys Limited ₹15.91 Cr	IT - Software	1.68%
23	Tech Mahindra Limited ₹15.69 Cr	IT - Software	1.66%
24	Carborundum Universal Limited ₹14.67 Cr	Industrial Products	1.55%
25	Biocon Limited ₹14.05 Cr	Pharmaceuticals & Biotechnology	1.48%
26	Shriram Pistons & Rings Limited ₹13.81 Cr	Auto Components	1.46%
27	Maruti Suzuki India Limited ₹13.66 Cr	Automobiles	1.44%
28	NMDC Limited ₹13.27 Cr	Minerals & Mining	1.40%
29	Tata Consultancy Services Limited ₹13.01 Cr	IT - Software	1.37%
30	Mahindra Logistics Limited ₹13.00 Cr	Transport Services	1.37%
31	The Federal Bank Limited ₹12.92 Cr	Banks	1.36%
32	REC Limited ₹12.86 Cr	Finance	1.36%
33	The Ramco Cements Limited ₹12.30 Cr	Cement & Cement Products	1.30%
34	Alkem Laboratories Limited ₹11.99 Cr	Pharmaceuticals & Biotechnology	1.27%
35	Voltamp Transformers Limited ₹11.93 Cr	Electrical Equipment	1.26%
36	Glenmark Pharmaceuticals Limited ₹11.53 Cr	Pharmaceuticals & Biotechnology	1.22%
37	Zydus Lifesciences Limited ₹11.18 Cr	Pharmaceuticals & Biotechnology	1.18%
38	CEAT Limited ₹11.02 Cr	Auto Components	1.16%
39	Elecon Engineering Company Limited ₹10.41 Cr	Electrical Equipment	1.10%
40	HCL Technologies Limited ₹10.38 Cr	IT - Software	1.10%
41	Coforge Limited ₹10.33 Cr	IT - Software	1.09%
42	Cipla Limited ₹9.88 Cr	Pharmaceuticals & Biotechnology	1.04%
43	NHPC Limited ₹9.45 Cr	Power	1.00%
44	K.P.R. Mill Limited ₹9.45 Cr	Textiles & Apparels	1.00%
45	Kajaria Ceramics Limited ₹9.20 Cr	Consumer Durables	0.97%
46	Vedanta Aluminium Metal Limited ₹9.08 Cr	Metals & Minerals Trading	0.96%
47	GAIL (India) Limited ₹9.07 Cr	Gas	0.96%
48	Balrampur Chini Mills Limited ₹8.79 Cr	Agricultural Food & other Products	0.93%
49	Tata Steel Limited ₹8.49 Cr	Ferrous Metals	0.90%
50	Petronet LNG Limited ₹8.42 Cr	Gas	0.89%
51	Engineers India Limited ₹8.34 Cr	Construction	0.88%
52	Gokaldas Exports Limited ₹8.25 Cr	Textiles & Apparels	0.87%
53	CESC Limited ₹8.28 Cr	Power	0.87%
54	Coal India Limited ₹8.28 Cr	Consumable Fuels	0.87%
55	Asahi India Glass Limited ₹7.94 Cr	Auto Components	0.84%
56	Container Corporation of India Limited ₹7.88 Cr	Transport Services	0.83%
57	Mazagon Dock Shipbuilders Limited ₹7.62 Cr	Industrial Manufacturing	0.80%
58	Ujjivan Small Finance Bank Limited ₹7.53 Cr	Banks	0.80%
59	LAKSHMI MACHINE WORKS LTD ₹7.43 Cr	Industrial Manufacturing	0.78%
60	Gujarat Industries Power Company Limited ₹7.40 Cr	Power	0.78%
61	Kirloskar Brothers Limited ₹7.29 Cr	Industrial Products	0.77%
62	Rolex Rings Limited ₹7.17 Cr	Auto Components	0.76%
63	NBCC (India) Limited ₹6.64 Cr	Construction	0.70%
64	Jio Financial Services Limited ₹6.41 Cr	Finance	0.68%
65	Anthem Biosciences Limited ₹6.21 Cr	Pharmaceuticals & Biotechnology	0.66%
66	RBL Bank Limited ₹5.63 Cr	Banks	0.59%
67	Deepak Nitrite Limited ₹4.99 Cr	Chemicals & Petrochemicals	0.53%
68	Aurobindo Pharma Limited ₹3.58 Cr	Pharmaceuticals & Biotechnology	0.38%
69	Sun TV Network Limited ₹1.45 Cr	Entertainment	0.15%