Mahindra Manulife ELSS Tax Saver Fund

Mahindra Manulife Mutual FundEquityPortfolio as of 30 September 2026

Mahindra Manulife ELSS Tax Saver Fund holds 57 instruments (94.65% equity), led by ICICI Bank Limited (9.24%), HDFC Bank Limited (7.24%) and Bharti Airtel Limited (4.28%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
57
Equity Allocation
94.65%
AMC
Mahindra Manulife Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of Mahindra Manulife ELSS Tax Saver Fund, managed by Mahindra Manulife Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 57 instruments with an equity allocation of 94.65%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Mahindra Manulife ELSS Tax Saver Fund's top 10 holdings account for 40.27% of its portfolio, more concentrated than the Equity category average of 37%. Financial Services is its largest sector exposure at 30.25% of net assets, spread across 12 sectors in total. Since its 31 August 2026 disclosure, the fund added 0 new positions and exited 0 positions, with Tata Capital Limited seeing the largest move (-0.92pp to 0.4%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Financial Services
30.25%
Consumer Discretionary
21.58%
Healthcare
9.25%
Industrials
7.54%
Other
5.33%
Information Technology
5.26%
Telecommunication
5.25%
Consumer Staples
5.25%
Materials
3.12%
Energy
3.11%
Utilities
1.52%
Services
1.38%
Real Estate
1.14%

Top 10 Equity Holdings

What Changed: August 2026 → September 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.

10 increased8 reduced

Biggest Weight Increases

StockWeightChange
HDFC Bank Limited6.71% → 7.24%▲ +0.53
Bharti Airtel Limited4.09% → 4.28%▲ +0.19
Kotak Mahindra Bank Limited2.39% → 2.57%▲ +0.18
Mankind Pharma Limited1.54% → 1.72%▲ +0.18
Dr. Reddy's Laboratories Limited1.11% → 1.28%▲ +0.17
Tata Power Company Limited1.37% → 1.52%▲ +0.15
Bandhan Bank Limited0.77% → 0.91%▲ +0.14
Dr. Lal Path Labs Ltd.1.15% → 1.27%▲ +0.12
ETERNAL LIMITED2.11% → 2.22%▲ +0.11
LG Electronics India Limited1.09% → 1.2%▲ +0.11

Biggest Weight Reductions

StockWeightChange
Tata Capital Limited1.32% → 0.4%▼ -0.92
ICICI Bank Limited9.9% → 9.24%▼ -0.66
L&T Finance Limited1% → 0.45%▼ -0.55
IndusInd Bank Limited1.84% → 1.43%▼ -0.41
Godrej Properties Limited1.31% → 1.14%▼ -0.17
Infosys Limited2.58% → 2.44%▼ -0.14
Maruti Suzuki India Limited2.26% → 2.15%▼ -0.11
Neuland Laboratories Limited1.54% → 1.43%▼ -0.11

Top Holdings — Weight Trend

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

Mar: 7.78%, Apr: 8.66%, May: 8.83%, Jun: 9.48%, Aug: 9.9%, Sept: 9.24%
9.24%
Mar: 6.95%, Apr: 6.84%, May: 7.28%, Jun: 7.64%, Aug: 6.71%, Sept: 7.24%
7.24%
Mar: 2.37%, Apr: 3.61%, May: 4.01%, Jun: 4.23%, Aug: 4.09%, Sept: 4.28%
4.28%
Mar: 2.5%, Apr: 3.25%, May: 3.23%, Jun: 3.5%, Aug: 3.64%, Sept: 3.56%
3.56%
Mar: 4.67%, Apr: 3.5%, May: 3.32%, Jun: 3.18%, Aug: 3.1%, Sept: 3.11%
3.11%

Full Portfolio (57 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services9.24%
2HDFC Bank LimitedFinancial Services7.24%
3Triparty Repotreps—5.36%
4Bharti Airtel LimitedTelecommunication4.28%
5Bajaj Finance LimitedFinancial Services3.56%
6Reliance Industries LimitedEnergy3.11%
7Larsen & Toubro LimitedIndustrials2.96%
8Kotak Mahindra Bank LimitedFinancial Services2.57%
9TVS Motor Company LimitedConsumer Discretionary2.56%
10Infosys LimitedInformation Technology2.44%
11Hindustan Unilever LimitedConsumer Staples2.31%
12Axis Bank LimitedFinancial Services2.31%
13ETERNAL LIMITEDConsumer Discretionary2.22%
14Maruti Suzuki India LimitedConsumer Discretionary2.15%
15Avenue Supermarts LimitedConsumer Discretionary2.06%
16UNO Minda LimitedConsumer Discretionary2.06%
17Mankind Pharma LimitedHealthcare1.72%
18Tech Mahindra LimitedInformation Technology1.71%
19Titan Company LimitedConsumer Discretionary1.62%
20Sun Pharmaceutical Industries LimitedHealthcare1.6%
21Info Edge (India) LimitedConsumer Discretionary1.54%
22Tata Power Company LimitedUtilities1.52%
23IndusInd Bank LimitedFinancial Services1.43%
24Neuland Laboratories LimitedHealthcare1.43%
25InterGlobe Aviation LimitedServices1.38%
26Eicher Motors LimitedConsumer Discretionary1.29%
27Dr. Reddy's Laboratories LimitedHealthcare1.28%
28Dr. Lal Path Labs Ltd.Healthcare1.27%
29Trent LimitedConsumer Discretionary1.26%
30Shriram Finance LimitedFinancial Services1.26%
31LG Electronics India LimitedConsumer Discretionary1.2%
32Godrej Properties LimitedReal Estate1.14%
33Hindustan Aeronautics LimitedIndustrials1.13%
34JK Cement LimitedMaterials1.12%
35LTM LimitedInformation Technology1.11%
36Tata Motors Passenger Vehicles LimitedConsumer Discretionary1.05%
37Grindwell Norton LimitedIndustrials1.04%
38Aarti Industries LimitedMaterials1.03%
39Nestle India LimitedConsumer Staples1.01%
40GlaxoSmithKline Pharmaceuticals LimitedHealthcare1.01%
41DOMS Industries LimitedConsumer Staples0.98%
42Indus Towers LimitedTelecommunication0.97%
43Jubilant Ingrevia LimitedMaterials0.97%
44Marico LimitedConsumer Staples0.95%
45Fortis Healthcare LimitedHealthcare0.94%
46Elgi Equipments LimitedIndustrials0.93%
47Crompton Greaves Consumer Electricals LimitedConsumer Discretionary0.91%
48Bandhan Bank LimitedFinancial Services0.91%
49Voltas LimitedConsumer Discretionary0.89%
50HDFC Life Insurance Company LimitedFinancial Services0.88%
51CG Power and Industrial Solutions LimitedIndustrials0.77%
52Arvind Fashions LimitedConsumer Discretionary0.77%
53Suzlon Energy LimitedIndustrials0.71%
54L&T Finance LimitedFinancial Services0.45%
55Tata Capital LimitedFinancial Services0.4%
56Margin placed with CCIL & ARCLother—0.03%
57Net Receivables / (Payables)other—-0.06%

Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 9.24% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, HDFC Bank Limited is 7.24% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Bharti Airtel Limited is 4.28% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, Bajaj Finance Limited is 3.56% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Reliance Industries Limited is 3.11% of Mahindra Manulife ELSS Tax Saver 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 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.