Mahindra Manulife Balanced Advantage Fund

Mahindra Manulife Mutual FundHybridPortfolio as of 30 June 2026

Mahindra Manulife Balanced Advantage Fund holds 85 instruments (71.51% equity), led by ICICI Bank Limited (3.92%), HDFC Bank Limited (2.57%) and Bharti Airtel Limited (2.42%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings
85
Equity Allocation
71.51%
AMC
Mahindra Manulife Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of Mahindra Manulife Balanced Advantage Fund, managed by Mahindra Manulife Mutual Fund, based on its monthly portfolio disclosure dated 30 June 2026. The fund holds 85 instruments with an equity allocation of 71.51%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Mahindra Manulife Balanced Advantage Fund's top 10 holdings account for 23.08% of its portfolio, more diversified than the Hybrid category average of 28.9%. Financial Services is its largest sector exposure at 23.96% of net assets, spread across 12 sectors in total. Since its 31 May 2026 disclosure, the fund added 1 new position and exited 2 positions, with BROOKFIELD INDIA REAL ESTATE seeing the largest move (+1.06pp to 2.07%).

Top 10 Equity Holdings

What Changed: May 2026 → June 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry2 exits8 increased10 reduced

Biggest Weight Increases

StockWeightChange
BROOKFIELD INDIA REAL ESTATE1.01% → 2.07%▲ +1.06
ICICI Bank Limited3.2% → 3.92%▲ +0.72
Polycab India Limited0.48% → 0.83%▲ +0.35
Aditya Vision Limited1.25% → 1.5%▲ +0.25
The Federal Bank Limited1.37% → 1.53%▲ +0.16
Laurus Labs Limited1.7% → 1.85%▲ +0.15
Bank of Maharashtra1.2% → 1.35%▲ +0.15
HDFC Bank Limited2.45% → 2.57%▲ +0.12

Biggest Weight Reductions

StockWeightChange
Indus Towers Limited1.68% → 0.98%▼ -0.7
UltraTech Cement Limited1.64% → 0.95%▼ -0.69
State Bank of India1.9% → 1.49%▼ -0.41
Bajaj Finance Limited1.52% → 1.11%▼ -0.41
JINDAL STEEL LIMITED1.91% → 1.64%▼ -0.27
Divi's Laboratories Limited1.06% → 0.82%▼ -0.24
Oil & Natural Gas Corporation Limited1.38% → 1.2%▼ -0.18
Infosys Limited1.03% → 0.86%▼ -0.17
Coal India Limited1.64% → 1.53%▼ -0.11
Reliance Industries Limited2.47% → 2.36%▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Jan – Jun 2026).

Jan: 3.34%, Feb: 3.4%, Mar: 3.26%, Apr: 3.2%, May: 3.2%, Jun: 3.92%
3.92%
Jan: 3.02%, Feb: 2.89%, Mar: 2.61%, Apr: 2.58%, May: 2.45%, Jun: 2.57%
2.57%
Jan: 1.73%, Feb: 1.65%, Mar: 1.97%, Apr: 2.51%, May: 2.44%, Jun: 2.42%
2.42%
Jan: 2.06%, Feb: 2.06%, Mar: 2.66%, Apr: 2.66%, May: 2.47%, Jun: 2.36%
2.36%
Jan: 2.25%, Feb: 2.28%, Mar: 2.09%, Apr: 2.14%, May: 2.18%, Jun: 2.23%
2.23%

Full Portfolio (85 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services3.92%
27.53% National Bank for Agriculture and Rural Development (MD )bond2.78%
38.52% Muthoot Finance Limited 2028bond2.78%
4Mahindra Manulife Liquid Fund - Direct Plan -Growthmf2.77%
5HDFC Bank LimitedFinancial Services2.57%
6Bharti Airtel LimitedTelecommunication2.42%
7Net Receivables / (Payables)other2.42%
8Reliance Industries LimitedEnergy2.36%
9Axis Bank LimitedFinancial Services2.23%
106.68% Government of India 2040bond2.21%
11IndusInd Bank LimitedFinancial Services2.11%
12BROOKFIELD INDIA REAL ESTATEReal Estate2.07%
13Laurus Labs LimitedHealthcare1.85%
14Apollo Hospitals Enterprise LimitedHealthcare1.78%
15Triparty Repotreps1.78%
16ETERNAL LIMITEDConsumer Discretionary1.77%
17JINDAL STEEL LIMITEDMaterials1.64%
18Bharat Heavy Electricals LimitedIndustrials1.6%
19Coal India LimitedEnergy1.53%
20The Federal Bank LimitedFinancial Services1.53%
21Aditya Vision LimitedConsumer Discretionary1.5%
22State Bank of IndiaFinancial Services1.49%
23Larsen & Toubro LimitedIndustrials1.44%
24Fortis Healthcare LimitedHealthcare1.38%
25Bank of MaharashtraFinancial Services1.35%
26HDFC Bank Limited 2026bond1.35%
27Mahindra & Mahindra LimitedConsumer Discretionary1.34%
28Senores Pharmaceuticals LimitedHealthcare1.32%
29Bharat Electronics LimitedIndustrials1.31%
30Tech Mahindra LimitedInformation Technology1.31%
31Titan Company LimitedConsumer Discretionary1.29%
32Oil & Natural Gas Corporation LimitedEnergy1.2%
33Glenmark Pharmaceuticals LimitedHealthcare1.17%
348.75% Bharti Telecom Limited 2028bond1.12%
358.58% Muthoot Finance Limited 2029 (FRN)bond1.12%
36Bajaj Finance LimitedFinancial Services1.11%
378.52% Muthoot Finance Limited 2028bond1.11%
38Small Industries Development Bank of India - 7.68%bond1.11%
396.9601% Mindspace Business Parks REIT 2028bond1.1%
407.24% Central Government Securitiesbond1.1%
41Maruti Suzuki India LimitedConsumer Discretionary1.06%
426.98% State Government Securities 2037bond1.06%
43Aditya Birla Sun Life AMC LimitedFinancial Services1.02%
44Delhivery LimitedServices1%
45Aditya Birla Capital LimitedFinancial Services1%
46Indus Towers LimitedTelecommunication0.98%
47Indian BankFinancial Services0.95%
48UltraTech Cement LimitedMaterials0.95%
49Power Grid Corporation of India LimitedUtilities0.92%
50Infosys LimitedInformation Technology0.86%
51Bajaj Auto LimitedConsumer Discretionary0.86%
52Multi Commodity Exchange of India LimitedFinancial Services0.85%
53Vishal Mega Mart LimitedConsumer Discretionary0.83%
54L&T Finance LimitedFinancial Services0.83%
55Polycab India LimitedIndustrials0.83%
56Divi's Laboratories LimitedHealthcare0.82%
57IDFC First Bank LimitedFinancial Services0.82%
58Bosch LimitedConsumer Discretionary0.79%
59HDFC Asset Management Company LimitedFinancial Services0.79%
60SRF LimitedMaterials0.79%
618.3% JM Financial Services Limited 2027bond0.77%
62The Phoenix Mills LimitedReal Estate0.75%
63Radico Khaitan LimitedConsumer Staples0.74%
64Mahanagar Gas LimitedUtilities0.72%
65Marico LimitedConsumer Staples0.69%
66BLACKBUCK LIMITEDServices0.68%
67JSW Energy LimitedUtilities0.63%
68Cummins India LimitedIndustrials0.63%
69Coforge LimitedInformation Technology0.62%
707.62% National Bank for Agriculture and Rural Development (MD )bond0.56%
717.73% Embassy Office Parks REIT 2029bond0.56%
728.85% TVS Credit Services Limited 2027bond0.56%
737.2% State Government Securities 2036bond0.54%
747.25% State Government Securities 2037bond0.54%
756.90% Government of India (MD )bond0.51%
76ICICI Lombard General Insurance Company LimitedFinancial Services0.5%
77Torrent Pharmaceuticals LimitedHealthcare0.47%
78Max Financial Services LimitedFinancial Services0.46%
79IIFL Finance LimitedFinancial Services0.43%
80Hindustan Aeronautics LimitedIndustrials0.39%
817.48% National Bank for Agriculture and Rural Development (MD )bond0.28%
82Arvind Fashions LimitedConsumer Discretionary0.26%
837.64% Power Finance Corporation Limited 2026bond0.17%
846.4% LIC Housing Finance Limited 2026bond0.11%
85Margin placed with CCIL & ARCLother0.08%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, ICICI Bank Limited is 3.92% of Mahindra Manulife Balanced Advantage Fund's net assets — its number 1 holding.
Yes. As of its 30 June 2026 disclosure, HDFC Bank Limited is 2.57% of Mahindra Manulife Balanced Advantage Fund's net assets — its number 2 holding.
Yes. As of its 30 June 2026 disclosure, Bharti Airtel Limited is 2.42% of Mahindra Manulife Balanced Advantage Fund's net assets — its number 3 holding.
Yes. As of its 30 June 2026 disclosure, Reliance Industries Limited is 2.36% of Mahindra Manulife Balanced Advantage Fund's net assets — its number 4 holding.
Yes. As of its 30 June 2026 disclosure, Axis Bank Limited is 2.23% of Mahindra Manulife Balanced Advantage Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Mahindra Manulife Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 June 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.