Mahindra Manulife Equity Savings Fund Direct-Growth
Hybrid: Equity Savings - Growth (Open ended)
SEBI Riskometer: Moderately HighCategory: Hybrid: Equity SavingsBenchmark: NIFTY Equity Savings Total Return IndexCheck Portfolio Overlap →
NAV: ₹25.28-0.40%
22 Oct 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mahindra Manulife Equity Savings Fund Direct-Growth.
Market Cap Distribution
Large Cap (83.3%)
Mid Cap (6.4%)
Small Cap (10.3%)
Historical Asset Allocation
| Asset | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Equity | 30.21% | 35.61% | 35.09% | 35.54% | 34.81% | 36.10% |
| Debt | 30.26% | 25.89% | 27.48% | 28.28% | 27.99% | 28.53% |
| Others (incl. cash) | 35.25% | 34.27% | 33.27% | 32.01% | 33.14% | 31.46% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 4.28% | 4.24% | 4.16% | 4.17% | 4.06% | 3.92% |
Portfolio Snapshot
No. of Securities
89
P/E Ratio
21.81
P/B Ratio
2.79
Top Holding %
35.38%
Top 5 Holdings %
57.48%
Top 10 Holdings %
73.42%
Modified Duration
2.33 yrs
Avg. Maturity
3.65 yrs
Yield to Maturity
7.57%
AUM
₹519 Cr
Expense Ratio
1.28%
Since Inception
10.01%
Max Drawdown
-0.20%
Sharpe Ratio
0.57
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 4,42,158 | 31.34 | 6.04% | 1.80%↑ |
| ICICI Bank Ltd. | Financial | 2,30,700 | 30.49 | 5.87% | -0.72%↓ |
| Reliance Industries Ltd. | Energy | 2,36,020 | 28.02 | 5.40% | 1.55%↑ |
| Bajaj Finance Ltd. | Financial | 2,59,250 | 24.87 | 4.79% | -0.38%↓ |
| Ambuja Cements Ltd. | Materials | 5,17,650 | 19.36 | 3.73% | -0.19%↓ |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 94,450 | 17.16 | 3.30% | -0.34%↓ |
| Mahindra & Mahindra Ltd. | Automobile | 40,400 | 11.92 | 2.30% | -0.20%↓ |
| Larsen & Toubro Ltd. | Construction | 24,054 | 9.04 | 1.74% | -0.29%↓ |
| Canara Bank | Financial | 7,56,000 | 9.03 | 1.74% | -0.07%↓ |
| Jindal Steel Ltd. | Metals & Mining | 74,375 | 8.44 | 1.63% | -0.05%↓ |
| Kotak Mahindra Bank Ltd. | Financial | 1,94,000 | 8.09 | 1.56% | 0.02%↑ |
| Bharti Airtel Ltd. | Communication | 37,000 | 6.5 | 1.25% | -0.18%↓ |
| Divis Laboratories Ltd. | Healthcare | 6,801 | 6.32 | 1.22% | -0.14%↓ |
| State Bank of India | Financial | 52,750 | 5.06 | 0.97% | -0.12%↓ |
| SPR Auto Technologies Ltd. | Automobile | 9,074 | 4.22 | 0.81% | -0.16%↓ |
| Titan Company Ltd. | Consumer Discretionary | 8,575 | 3.93 | 0.76% | -0.07%↓ |
| Aditya Vision Ltd. | Services | 64,600 | 3.84 | 0.74% | -0.15%↓ |
| Axis Bank Ltd. | Financial | 31,000 | 3.8 | 0.73% | -0.14%↓ |
| Persistent Systems Ltd. | Technology | 5,986 | 3.16 | 0.61% | -0.13%↓ |
| PTC Industries Ltd. | Metals & Mining | 1,384 | 3.07 | 0.59% | -0.14%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Financial | 8.76% | 9.95% | 9.90% | 10.02% | 9.16% | 9.66% |
| Energy | 2.96% | 3.75% | 3.89% | 3.89% | 4.20% | 4.46% |
| Healthcare | 2.76% | 3.28% | 2.87% | 2.60% | 3.36% | 3.09% |
| Automobile | 2.66% | 3.29% | 3.31% | 3.16% | 2.47% | 2.63% |
| Metals & Mining | 2.58% | 3.27% | 2.77% | 3.00% | 3.75% | 3.59% |
| Capital Goods | 1.82% | 1.89% | 1.83% | 1.95% | 1.27% | 1.36% |
| Technology | 1.64% | 2.01% | 2.03% | 1.71% | 1.80% | 1.98% |
| Services | 1.30% | 1.49% | 1.52% | 2.33% | 1.29% | 1.25% |
| Communication | 1.25% | 1.44% | 1.62% | 1.54% | 1.53% | 1.56% |
| Materials | 1.24% | 1.52% | 1.54% | 1.19% | 1.20% | 1.21% |
| Consumer Staples | 0.92% | 0.98% | 1.04% | 1.06% | 1.72% | 1.80% |
| Chemicals | 0.85% | 0.94% | 1.01% | 0.99% | 1.02% | 1.48% |
| Textiles | 0.79% | 0.91% | 0.82% | 0.95% | 0.90% | 0.90% |
| Construction | 0.35% | 0.56% | 0.54% | 0.77% | 0.75% | 0.74% |
| Insurance | 0.34% | 0.34% | 0.40% | 0.38% | 0.40% | 0.39% |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| Cash & Call Money | 35.18% | 16.79% |
| AAA | 15.18% | 4.73% |
| SOV | 7.25% | 8.02% |
| AA+ | 5.51% | 0.99% |
| A1+ | 1.37% | 3.53% |
| AA | 0.96% | 0.67% |
| Cash | 0.07% | 23.59% |
| Others | 0.00% | 0.47% |
| A+ | - | 0.08% |
| AA- | - | 0.30% |
| D | - | 9.86% |
| Term Deposits | - | 0.15% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
Score not available.
Price Momentum score
Score not available.
Quality score
Score not available.
QVM score
Score not available.
Red Flags
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Bharti Telecom Ltd. | Debenture | 7.40% | 01/02/2029 | CRISIL AAA | 3.77% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 20/05/2027 | SOV | 2.78% |
| Bajaj Housing Finance Ltd. | Debenture | 7.79% | 20/08/2031 | CRISIL AAA | 2.36% |
| REC Ltd. | Debenture | 8.37% | 07/12/2028 | CRISIL AAA | 1.96% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 0.00% | 27/02/2029 | ICRA AA+ | 1.93% |
| National Bank For Agriculture & Rural Development | Bonds | 7.44% | 24/02/2028 | CRISIL AAA | 1.92% |
| GOI | GOI Securities | 6.94% | 11/05/2036 | SOV | 1.89% |
| Bajaj Finance Ltd. | Non Convertible Debenture | 7.70% | 20/09/2029 | CRISIL AAA | 1.89% |
| Muthoot Finance Ltd. | Debenture | 0.00% | 26/07/2029 | CRISIL AA+ | 1.35% |
| TVS Credit Services Ltd. | Non Convertible Debenture | 9.30% | 27/06/2029 | ICRA AA+ | 0.98% |
| Bharti Telecom Ltd. | Debenture | 8.75% | 05/11/2028 | CRISIL AAA | 0.97% |
| National Bank For Agriculture & Rural Development | Debenture | 8.20% | 16/03/2028 | CRISIL AAA | 0.97% |
| Aditya Birla Real Estate Ltd | Non Convertible Debenture | 8.55% | 30/08/2029 | CRISIL AA | 0.96% |
| GOI | GOI Securities | 7.71% | 18/05/2066 | SOV | 0.96% |
| Power Finance Corporation Ltd. | Bonds | 7.45% | 0 | CRISIL AAA | 0.96% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 23/10/2026 | SOV | 0.96% |
| Godrej Industries Ltd. | Debenture | 8.42% | 27/12/2027 | CRISIL AA+ | 0.67% |
| Piramal Finance Ltd. | Debenture | 9.12% | 06/08/2027 | CARE AA+ | 0.58% |
| Maharashtra State | State Development Loan | 7.63% | 31/01/2036 | SOV | 0.47% |
| Small Industries Devp. Bank of India Ltd. | Non Convertible Debenture | 7.29% | 09/11/2029 | CRISIL AAA | 0.38% |
| Indian Bank | Certificate of Deposit | 0.00% | 12/01/2027 | CRISIL A1+ | 0.38% |
Frequently Asked Questions
What are the top holdings of Mahindra Manulife Equity Savings Fund Direct-Growth?
The top holdings of Mahindra Manulife Equity Savings Fund Direct-Growth as of 30 Sep 2026 are Others (35.38%), HDFC Bank Ltd. (6.04%), ICICI Bank Ltd. (5.87%), Reliance Industries Ltd. (5.40%), Bajaj Finance Ltd. (4.79%). These top 5 stocks together account for 57.48% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mahindra Manulife Equity Savings Fund Direct-Growth hold in its portfolio?
Mahindra Manulife Equity Savings Fund Direct-Growth holds 89 stocks in its portfolio as of 30 Sep 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mahindra Manulife Equity Savings Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's top sector allocations are Financial (8.76%), Energy (2.96%), Healthcare (2.76%). You can find detailed sector allocation above.
What is the equity and debt allocation of Mahindra Manulife Equity Savings Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Equity Savings Fund Direct-Growth has 30.21% allocated to equity, and 30.26% to debt. You can also check the historical trends above.
What is the market cap allocation of Mahindra Manulife Equity Savings Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's market cap allocation is 83.28% in large caps, 6.41% in mid caps, and 10.31% in small caps.
What is the PE ratio of Mahindra Manulife Equity Savings Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mahindra Manulife Equity Savings Fund Direct-Growth is 21.81 as of 30 Sep 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.
What is the credit quality of Mahindra Manulife Equity Savings Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's debt portfolio has 15.18% in AAA-rated instruments, 0.96% in AA-rated, and 7.25% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Mahindra Manulife Equity Savings Fund Direct-Growth?
The latest portfolio disclosure for Mahindra Manulife Equity Savings Fund Direct-Growth is as of 30 Sep 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.