Mahindra Manulife Banking & Financial Services Fund holds 32 instruments (96.15% equity), led by ICICI Bank Limited (12.2%), HDFC Bank Limited (9.08%) and Axis Bank Limited (8.72%), as of its 30 June 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Mahindra Manulife Banking & Financial Services Fund, managed by Mahindra Manulife Mutual Fund, based on its monthly portfolio disclosure dated 30 June 2026. The fund holds 32 instruments with an equity allocation of 96.15%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Mahindra Manulife Banking & Financial Services Fund's top 10 holdings account for 62.66% of its portfolio, more concentrated than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 96.15% of net assets, spread across 1 sector in total. Since its 31 May 2026 disclosure, the fund added 2 new positions and exited 3 positions, with Kotak Mahindra Bank Limited seeing the largest move (+2.66pp to 5.76%).
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.
| Stock | Weight | Change |
|---|---|---|
| Kotak Mahindra Bank Limited | 3.1% → 5.76% | ▲ +2.66 |
| BSE Limited | 1.73% → 2.86% | ▲ +1.13 |
| Bajaj Finance Limited | 3.74% → 4.69% | ▲ +0.95 |
| State Bank of India | 5.76% → 6.31% | ▲ +0.55 |
| Shriram Finance Limited | 4.93% → 5.15% | ▲ +0.22 |
| Cholamandalam Investment and Finance Company Limited | 1.99% → 2.2% | ▲ +0.21 |
| HDFC Bank Limited | 8.93% → 9.08% | ▲ +0.15 |
| Ujjivan Small Finance Bank Limited | 3.14% → 3.24% | ▲ +0.1 |
| L&T Finance Limited | 3.55% → 3.65% | ▲ +0.1 |
| Stock | Weight | Change |
|---|---|---|
| ICICI Bank Limited | 13.01% → 12.2% | ▼ -0.81 |
| ICICI Prudential Asset Management Company Limited | 2.98% → 2.18% | ▼ -0.8 |
| 360 ONE WAM LIMITED | 1.55% → 0.95% | ▼ -0.6 |
| Nippon Life India Asset Management Limited | 2.57% → 2.06% | ▼ -0.51 |
| Aditya Birla Capital Limited | 4.28% → 3.86% | ▼ -0.42 |
| Max Financial Services Limited | 3.28% → 2.94% | ▼ -0.34 |
| Tata Capital Limited | 1.87% → 1.6% | ▼ -0.27 |
| SBI Life Insurance Company Limited | 3.21% → 2.94% | ▼ -0.27 |
| PB Fintech Limited | 2.75% → 2.49% | ▼ -0.26 |
| Fedbank Financial Services Limited | 1.57% → 1.37% | ▼ -0.2 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Jan – Jun 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | ICICI Bank Limited | Financial Services | 12.2% |
| 2 | HDFC Bank Limited | Financial Services | 9.08% |
| 3 | Axis Bank Limited | Financial Services | 8.72% |
| 4 | State Bank of India | Financial Services | 6.31% |
| 5 | Kotak Mahindra Bank Limited | Financial Services | 5.76% |
| 6 | Shriram Finance Limited | Financial Services | 5.15% |
| 7 | Bajaj Finance Limited | Financial Services | 4.69% |
| 8 | Aditya Birla Capital Limited | Financial Services | 3.86% |
| 9 | L&T Finance Limited | Financial Services | 3.65% |
| 10 | Ujjivan Small Finance Bank Limited | Financial Services | 3.24% |
| 11 | Karur Vysya Bank Limited | Financial Services | 3.01% |
| 12 | Triparty Repotreps | — | 2.96% |
| 13 | Max Financial Services Limited | Financial Services | 2.94% |
| 14 | SBI Life Insurance Company Limited | Financial Services | 2.94% |
| 15 | BSE Limited | Financial Services | 2.86% |
| 16 | PB Fintech Limited | Financial Services | 2.49% |
| 17 | Cholamandalam Investment and Finance Company Limited | Financial Services | 2.2% |
| 18 | ICICI Prudential Asset Management Company Limited | Financial Services | 2.18% |
| 19 | Bandhan Bank Limited | Financial Services | 2.12% |
| 20 | Nippon Life India Asset Management Limited | Financial Services | 2.06% |
| 21 | Tata Capital Limited | Financial Services | 1.6% |
| 22 | Angel One Limited | Financial Services | 1.56% |
| 23 | Fedbank Financial Services Limited | Financial Services | 1.37% |
| 24 | PNB Housing Finance Limited | Financial Services | 1.14% |
| 25 | Union Bank of India | Financial Services | 0.96% |
| 26 | 360 ONE WAM LIMITED | Financial Services | 0.95% |
| 27 | DCB Bank Limited | Financial Services | 0.93% |
| 28 | Indian Bank | Financial Services | 0.85% |
| 29 | One 97 Communications Limited | Financial Services | 0.76% |
| 30 | Net Receivables / (Payables)other | — | 0.73% |
| 31 | Repco Home Finance Limited | Financial Services | 0.57% |
| 32 | Margin placed with CCIL & ARCLother | — | 0.16% |
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.