Loading…
Multi Cap · Mahindra Manulife Mutual Fund · AMFI code 141225Mahindra Manulife Multi Cap Fund
Disclosed for 3 months, Jul 2026 to Sep 2026.
Portfolio value
₹7,457 Cr
down ₹205 Cr vs Aug 2026
- Stocks held
- 73
- up 2 vs Aug 2026
- Top 10 weight
- 30.0%
- of the portfolio in its ten largest
- Cash & debt
- 6.6%
- cash, money market and debt
- Moves this month
- 6 in · 4 out
- added to 10, trimmed 54
Mahindra Manulife Multi Cap Fund is an active equity fund in the Multi Cap category from Mahindra Manulife Mutual Fund. In September 2026 it disclosed 73 stocks worth ₹7,457 Cr, down ₹205 Cr from Aug 2026. Its largest positions were Divi's Laboratories Limited (5.0%), Multi Commodity Exchange of India Limited (4.2%), ICICI Bank Limited (3.3%); the ten largest together made up 30.0% of the portfolio, and Pharmaceuticals & Biotechnology was the biggest sector at 17.4% of its equity. Cash and debt stood at 6.6%. Compared with Aug 2026 the fund entered 6 new stocks and exited 4.
Against 32 other Multi Cap funds
Concentration
69%
Top-10 weight is higher than 69% of peers
Breadth
41%
Holds more stocks than 41% of peers
Cash
81%
Holds more cash than 81% 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.
| Cash, TREPS & receivables | 6.58% | down 3.35 pts | ₹491 Cr | down ₹270 Cr | Trimmed |
| Divi's Laboratories Limited | 5.01% | up 1.08 pts | ₹374 Cr | up ₹72.5 Cr | Added |
| Multi Commodity Exchange of India Limited | 4.21% | down 0.65 pts | ₹314 Cr | down ₹58.8 Cr | Trimmed |
| ICICI Bank Limited | 3.26% | down 0.23 pts | ₹243 Cr | down ₹24.3 Cr | Trimmed |
| HDFC Bank Limited | 2.85% | up 2.85 pts | ₹213 Cr | up ₹213 Cr | New |
| Adani Enterprises Limited | 2.79% | down 0.44 pts | ₹208 Cr | down ₹39.7 Cr | Trimmed |
| Neuland Laboratories Limited | 2.73% | down 1.27 pts | ₹204 Cr | down ₹103 Cr | Trimmed |
| Oil India Limited | 2.47% | down 0.12 pts | ₹184 Cr | down ₹14.1 Cr | Trimmed |
| Torrent Pharmaceuticals Limited | 2.35% | down 0.06 pts | ₹175 Cr | down ₹9.7 Cr | Trimmed |
| APL Apollo Tubes Limited | 2.16% | down 0.35 pts | ₹161 Cr | down ₹31 Cr | Trimmed |
| Industries Limited | 2.15% | up 0.06 pts | ₹160 Cr | up ₹55 L | Held |
| Avenue Supermarts Limited | 2.02% | up <0.01 pts | ₹151 Cr | down ₹3.9 Cr | Trimmed |
| Hindustan Zinc Limited | 1.94% | down 0.05 pts | ₹144 Cr | down ₹7.5 Cr | Trimmed |
| Voltamp Transformers Limited | 1.90% | down 0.02 pts | ₹142 Cr | down ₹5.5 Cr | Trimmed |
| Jindal Saw Limited | 1.87% | up 0.20 pts | ₹140 Cr | up ₹11.8 Cr | Added |
| UltraTech Cement Limited | 1.84% | down 0.03 pts | ₹137 Cr | down ₹6.2 Cr | Trimmed |
| State Bank of India | 1.79% | down 0.13 pts | ₹133 Cr | down ₹14 Cr | Trimmed |
| Oracle Financial Services Software Limited | 1.71% | down 0.25 pts | ₹128 Cr | down ₹22.9 Cr | Trimmed |
| P N Gadgil Jewellers Limited | 1.58% | up 0.82 pts | ₹118 Cr | up ₹59.6 Cr | Added |
| Adani Energy Solutions Limited | 1.57% | down 0.08 pts | ₹117 Cr | down ₹9.1 Cr | Trimmed |
| Alkem Laboratories Limited | 1.55% | up 1.55 pts | ₹115 Cr | up ₹115 Cr | New |
| Sun TV Network Limited | 1.52% | up 0.92 pts | ₹113 Cr | up ₹67.2 Cr | Added |
| Bajaj Auto Limited | 1.43% | down 0.12 pts | ₹107 Cr | down ₹12.3 Cr | Trimmed |
| Bandhan Bank Limited | 1.42% | up 0.15 pts | ₹106 Cr | up ₹8.7 Cr | Added |
| Aarti Industries Limited | 1.38% | down 0.10 pts | ₹103 Cr | down ₹10.5 Cr | Trimmed |
| Vodafone Idea Limited | 1.33% | down 0.10 pts | ₹99.1 Cr | down ₹10.6 Cr | Trimmed |
| Supreme Industries Limited | 1.30% | down <0.01 pts | ₹96.6 Cr | down ₹3 Cr | Trimmed |
| Manappuram Finance Limited | 1.28% | up 0.26 pts | ₹95.6 Cr | up ₹17 Cr | Added |
| Radico Khaitan Limited | 1.25% | up <0.01 pts | ₹93.1 Cr | down ₹2.5 Cr | Trimmed |
| MphasiS Limited | 1.22% | down 0.12 pts | ₹91.2 Cr | down ₹11.6 Cr | Trimmed |
| Maruti Suzuki India Limited | 1.17% | down 0.12 pts | ₹87.6 Cr | down ₹11.6 Cr | Trimmed |
| Glenmark Pharmaceuticals Limited | 1.16% | down 0.04 pts | ₹86.9 Cr | down ₹5.4 Cr | Trimmed |
| Max Healthcare Institute Limited | 1.08% | down 0.10 pts | ₹80.8 Cr | down ₹9.8 Cr | Trimmed |
| Godfrey Phillips India Limited | 1.08% | down 0.09 pts | ₹80.2 Cr | down ₹9 Cr | Trimmed |
| Kajaria Ceramics Limited | 1.05% | up 0.10 pts | ₹78.4 Cr | up ₹5.5 Cr | Added |
| Ujjivan Small Finance Bank Limited | 1.05% | up <0.01 pts | ₹78 Cr | down ₹1.9 Cr | Trimmed |
| One 97 Communications Limited | 1.03% | up <0.01 pts | ₹76.7 Cr | down ₹1.8 Cr | Trimmed |
| IndusInd Bank Limited | 1.02% | down 0.10 pts | ₹76 Cr | down ₹9.7 Cr | Trimmed |
| Larsen & Toubro Limited | 1.01% | down 0.05 pts | ₹75.3 Cr | down ₹5.7 Cr | Trimmed |
| Vedanta Aluminium Metal Limited | 1.00% | down 0.03 pts | ₹74.3 Cr | down ₹4 Cr | Trimmed |
| Lenskart Solutions Limited | 0.99% | up 0.99 pts | ₹74 Cr | up ₹74 Cr | New |
| Motilal Oswal Financial Services Limited | 0.99% | up 0.99 pts | ₹73.6 Cr | up ₹73.6 Cr | New |
| Eternal Limited | 0.99% | up 0.40 pts | ₹73.5 Cr | up ₹28.9 Cr | Added |
| Laurus Labs Limited | 0.98% | up 0.06 pts | ₹73.3 Cr | up ₹2.4 Cr | Added |
| Astral Limited | 0.94% | down 0.08 pts | ₹70.2 Cr | down ₹7.8 Cr | Trimmed |
| Nippon Life India Asset Management Limited | 0.92% | down 0.06 pts | ₹68.3 Cr | down ₹6.5 Cr | Trimmed |
| The Ramco Cements Limited | 0.91% | down 0.01 pts | ₹67.7 Cr | down ₹2.7 Cr | Trimmed |
| Anthem Biosciences Limited | 0.88% | down 0.01 pts | ₹65.9 Cr | down ₹2.6 Cr | Trimmed |
| Sai Life Sciences Limited | 0.88% | up 0.06 pts | ₹65.5 Cr | up ₹2.8 Cr | Added |
| PB Fintech Limited | 0.87% | down 0.62 pts | ₹65 Cr | down ₹49.6 Cr | Trimmed |
What changed, Aug 2026 to Sep 2026
New New positions (6)
- HDFC Bank Limited2.9% · ₹213 Cr
- Alkem Laboratories Limited1.5% · ₹115 Cr
- Lenskart Solutions Limited1.0% · ₹74 Cr
- Motilal Oswal Financial Services Limited1.0% · ₹73.6 Cr
- InterGlobe Aviation Limited0.4% · ₹29.9 Cr
- Shriram Transport Finance Company Limited0.3% · ₹23.6 Cr
Exited Exited (4)
- Mahindra & Mahindra Limitedwas 1.1% · ₹82.1 Cr
- LTIMindtree Limited
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 Banks (+2.3 pts) and Retailing (+1.4 pts), and fell most in Automobiles (−1.5 pts) and IT - Software (−1.2 pts).
- Banks11.3% → 13.6%+2.3 pts
- Retailing3.4% → 4.7%+1.4 pts
- Entertainment0.7% → 1.6%+1.0 pts
- Consumer Durables2.6% → 3.6%+1.0 pts
- Pharmaceuticals & Biotechnology16.5% → 17.4%+0.9 pts
- Finance1.6% → 2.2%+0.5 pts
- Automobiles4.3% → 2.8%−1.5 pts
- IT - Software5.3% → 4.0%−1.2 pts
- Financial Technology (fintech)2.8% → 2.0%−0.7 pts
- Textiles & Apparels1.4% → 0.8%−0.6 pts
- Metals & Minerals Trading3.6% → 3.0%−0.6 pts
- Industrial Products9.8% → 9.3%−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 |
|---|---|---|
| Pharmaceuticals & Biotechnology | 16.5% | 17.4% |
| Banks | 11.3% | 13.6% |
| Industrial Products | 9.8% | 9.3% |
| Capital Markets | 6.5% | 6.6% |
| Retailing | 3.4% | 4.7% |
| IT - Software | 5.3% | 4.0% |
| Cement & Cement Products | 3.9% | 3.7% |
| Consumer Durables | 2.6% | 3.6% |
| Non - Ferrous Metals | 3.3% | 3.2% |
| Oil | 3.4% | 3.1% |
Allocation in Sep 2026change vs Aug 2026
- Pharmaceuticals & Biotechnology (9)17.4%▲ 0.9 pts
- Banks (8)13.6%▲ 2.3 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
6.6%
▼ 3.4 pts vs Aug 2026
- Cash alone
- 6.6%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 6.6% – 9.9%
- lowest to highest · record 9.9% 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.