Loading…
Focused · Mahindra Manulife Mutual Fund · AMFI code 148566Mahindra Manulife Focused Fund
Disclosed for 3 months, Jul 2026 to Sep 2026.
Portfolio value
₹1,926 Cr
down ₹183 Cr vs Aug 2026
- Stocks held
- 30
- unchanged
- Top 10 weight
- 50.9%
- of the portfolio in its ten largest
- Cash & debt
- 2.2%
- cash, money market and debt
- Moves this month
- 3 in · 3 out
- added to 4, trimmed 23
Mahindra Manulife Focused Fund is an active equity fund in the Focused category from Mahindra Manulife Mutual Fund. In September 2026 it disclosed 30 stocks worth ₹1,926 Cr, down ₹183 Cr from Aug 2026. Its largest positions were ICICI Bank Limited (8.3%), Reliance Industries Limited (6.4%), HDFC Bank Limited (6.1%); the ten largest together made up 50.9% of the portfolio, and Banks was the biggest sector at 27.4% of its equity. Cash and debt stood at 2.2%. Compared with Aug 2026 the fund entered 3 new stocks and exited 3.
Against 23 other Focused funds
Concentration
57%
Top-10 weight is higher than 57% of peers
Breadth
78%
Holds more stocks than 78% of peers
Cash
22%
Holds more cash than 22% of peers
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 8.30%
- Δ weight
- down 0.73 pts
- Value
- ₹160 Cr
- Δ value
- down ₹30.6 Cr
- Status
- Trimmed
- Weight
- 6.42%
- Δ weight
- up 0.11 pts
- Value
- ₹124 Cr
- Δ value
- down ₹9.4 Cr
- Status
- Trimmed
- Weight
- 6.13%
- Δ weight
- up 2.65 pts
- Value
- ₹118 Cr
- Δ value
- up ₹44.6 Cr
- Status
- Added
- Weight
- 5.09%
- Δ weight
- up 0.41 pts
- Value
- ₹98.1 Cr
- Δ value
- down ₹72 L
- Status
- Trimmed
- Weight
- 4.62%
- Δ weight
- down 0.50 pts
- Value
- ₹88.9 Cr
- Δ value
- down ₹18.9 Cr
- Status
- Trimmed
- Weight
- 4.60%
- Δ weight
- down 0.28 pts
- Value
- ₹88.6 Cr
- Δ value
- down ₹14.3 Cr
- Status
- Trimmed
- Weight
- 4.17%
- Δ weight
- down 1.04 pts
- Value
- ₹80.4 Cr
- Δ value
- down ₹29.6 Cr
- Status
- Trimmed
- Weight
- 4.06%
- Δ weight
- down 0.54 pts
- Value
- ₹78.3 Cr
- Δ value
- down ₹18.7 Cr
- Status
- Trimmed
- Weight
- 3.87%
- Δ weight
- down 0.48 pts
- Value
- ₹74.5 Cr
- Δ value
- down ₹17.1 Cr
- Status
- Trimmed
- Weight
- 3.68%
- Δ weight
- up 0.09 pts
- Value
- ₹70.9 Cr
- Δ value
- down ₹4.8 Cr
- Status
- Trimmed
- Weight
- 3.53%
- Δ weight
- up 0.67 pts
- Value
- ₹68 Cr
- Δ value
- up ₹7.8 Cr
- Status
- Added
- Weight
- 3.35%
- Δ weight
- up 0.21 pts
- Value
- ₹64.6 Cr
- Δ value
- down ₹1.7 Cr
- Status
- Trimmed
- Weight
- 3.16%
- Δ weight
- up 0.01 pts
- Value
- ₹60.9 Cr
- Δ value
- down ₹5.6 Cr
- Status
- Trimmed
- Weight
- 3.16%
- Δ weight
- down 0.10 pts
- Value
- ₹60.8 Cr
- Δ value
- down ₹7.8 Cr
- Status
- Trimmed
- Weight
- 2.80%
- Δ weight
- down 0.03 pts
- Value
- ₹53.9 Cr
- Δ value
- down ₹5.7 Cr
- Status
- Trimmed
- Weight
- 2.78%
- Δ weight
- down 0.05 pts
- Value
- ₹53.5 Cr
- Δ value
- down ₹6 Cr
- Status
- Trimmed
- Weight
- 2.68%
- Δ weight
- up 0.13 pts
- Value
- ₹51.6 Cr
- Δ value
- down ₹2.2 Cr
- Status
- Trimmed
- Weight
- 2.42%
- Δ weight
- up 0.47 pts
- Value
- ₹46.7 Cr
- Δ value
- up ₹5.6 Cr
- Status
- Added
- Weight
- 2.40%
- Δ weight
- up 0.35 pts
- Value
- ₹46.2 Cr
- Δ value
- up ₹2.9 Cr
- Status
- Added
- Weight
- 2.29%
- Δ weight
- up 0.13 pts
- Value
- ₹44 Cr
- Δ value
- down ₹1.3 Cr
- Status
- Trimmed
- Weight
- 2.21%
- Δ weight
- up 0.14 pts
- Value
- ₹42.6 Cr
- Δ value
- down ₹1.1 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 2.17%
- Δ weight
- down 0.75 pts
- Value
- ₹41.7 Cr
- Δ value
- down ₹19.7 Cr
- Status
- Trimmed
- Weight
- 2.05%
- Δ weight
- up 2.05 pts
- Value
- ₹39.6 Cr
- Δ value
- up ₹39.6 Cr
- Status
- New
- Weight
- 2.03%
- Δ weight
- up 0.10 pts
- Value
- ₹39.2 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 1.98%
- Δ weight
- up 1.98 pts
- Value
- ₹38.1 Cr
- Δ value
- up ₹38.1 Cr
- Status
- New
- Weight
- 1.92%
- Δ weight
- down 0.01 pts
- Value
- ₹37 Cr
- Δ value
- down ₹3.6 Cr
- Status
- Trimmed
- Weight
- 1.81%
- Δ weight
- up 1.81 pts
- Value
- ₹34.9 Cr
- Δ value
- up ₹34.9 Cr
- Status
- New
- Weight
- 1.75%
- Δ weight
- up 0.08 pts
- Value
- ₹33.7 Cr
- Δ value
- down ₹1.4 Cr
- Status
- Trimmed
- DDB DEWAN HSG FINANCE CORPORATION LTDPiramal Finance Limited · history in this fund
- Weight
- 1.68%
- Δ weight
- up 0.08 pts
- Value
- ₹32.4 Cr
- Δ value
- down ₹1.3 Cr
- Status
- Trimmed
- Weight
- 1.45%
- Δ weight
- down 0.03 pts
- Value
- ₹27.9 Cr
- Δ value
- down ₹3.3 Cr
- Status
- Trimmed
- Weight
- 1.44%
- Δ weight
- down 1.12 pts
- Value
- ₹27.7 Cr
- Δ value
- down ₹26.3 Cr
- Status
- Trimmed
What changed, Aug 2026 to Sep 2026
New New positions (3)
- JSW Energy Limited2.1% · ₹39.6 Cr
- Balkrishna Industries Limited2.0% · ₹38.1 Cr
- Vedanta Aluminium Metal Limited1.8% · ₹34.9 Cr
Exited Exited (3)
- NTPC Limitedwas 2.9% · ₹60.5 Cr
- InterGlobe Aviation Limitedwas 1.6% · ₹34 Cr
- Coal India Limitedwas 1.4% · ₹28.6 Cr
Added Biggest additions
- HDFC Bank Limited ₹44.6 Cr (+2.65% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Auto Components (+2.0 pts) and Non - Ferrous Metals (+1.8 pts), and fell most in Transport Services (−1.7 pts) and Consumable Fuels (−1.4 pts).
- Auto Components0.0% → 2.0%new+2.0 pts
- Non - Ferrous Metals0.0% → 1.8%new+1.8 pts
- Banks26.4% → 27.4%+1.0 pts
- Transport Infrastructure2.9% → 3.6%+0.7 pts
- Aerospace & Defense2.0% → 2.5%+0.5 pts
- Pharmaceuticals & Biotechnology8.3% → 8.5%+0.3 pts
- Transport Services1.7% → 0.0%exited−1.7 pts
- Consumable Fuels1.4% → 0.0%exited−1.4 pts
- IT - Software6.3% → 5.2%−1.1 pts
- Power3.0% → 2.1%−0.9 pts
- Automobiles4.7% → 4.2%−0.6 pts
- Construction5.3% → 4.7%−0.5 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Aug 2026 | Sep 2026 |
|---|---|---|
| Banks | 26.4% | 27.4% |
| Pharmaceuticals & Biotechnology | 8.3% | 8.5% |
| Cement & Cement Products | 7.0% | 6.8% |
| Petroleum Products | 6.5% | 6.6% |
| Finance | 6.1% | 5.7% |
| Retailing | 5.2% | 5.4% |
| IT - Software | 6.3% | 5.2% |
| Construction | 5.3% | 4.7% |
| Telecom - Services | 4.6% | 4.7% |
| Automobiles | 4.7% | 4.2% |
Allocation in Sep 2026change vs Aug 2026
- Banks (5)27.4%▲ 1.0 pts
- Pharmaceuticals & Biotechnology (3)8.5%▲ 0.3 pts
- Cement & Cement Products (2)6.8%▼ 0.2 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Sep 2026
2.2%
▼ 0.7 pts vs Aug 2026
- Cash alone
- 2.2%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 2.2% – 2.9%
- lowest to highest · record 2.9% in Aug 2026
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.