mutual funds mahindra manulife equity savings fund directgrowth

holdings

Mahindra Manulife Equity Savings Fund Direct-Growth

Hybrid: Equity Savings - Growth (Open ended)

Mahindra Manulife Equity Savings Fund Direct-GrowthNAV: 25.82 as on 06 Sep, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Moderately HighCategory: Hybrid: Equity SavingsBenchmark: NIFTY Equity Savings Total Return IndexCheck Portfolio Overlap →

NAV: ₹25.82-0.00%

07 Sept 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Mahindra Manulife Equity Savings Fund Direct-Growth.

Asset Allocation

As on 31 Jul 2026

Equity

35.09%

Others

33.27%

Debt

27.48%

Real estate

4.16%

Market Cap Distribution

Large Cap (82.1%)

Mid Cap (6.2%)

Small Cap (11.7%)

Historical Asset Allocation

Asset	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Equity	35.09%	35.54%	34.81%	36.10%	34.79%	36.56%
Debt	27.48%	28.28%	27.99%	28.53%	28.47%	24.38%
Others (incl. cash)	33.27%	32.01%	33.14%	31.46%	32.40%	34.38%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	4.16%	4.17%	4.06%	3.92%	4.34%	4.68%

Portfolio Snapshot

No. of Securities

P/E Ratio

22.43

P/B Ratio

2.89

Top Holding %

33.16%

Top 5 Holdings %

53.64%

Top 10 Holdings %

70.07%

Modified Duration

2.19 yrs

Avg. Maturity

3.08 yrs

Yield to Maturity

7.17%

AUM

₹535 Cr

Expense Ratio

1.24%

Since Inception

10.38%

Max Drawdown

-0.20%

Sharpe Ratio

0.76

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
ICICI Bank Ltd.	Financial	2,36,500	33.95	6.34%	0.21%↑
Bajaj Finance Ltd.	Financial	2,59,250	29.59	5.53%	0.62%↑
HDFC Bank Ltd.	Financial	3,17,058	23.72	4.43%	-0.34%↓
Ambuja Cements Ltd.	Materials	5,17,650	22.37	4.18%	0.06%↑
Reliance Industries Ltd.	Energy	1,59,820	20.9	3.90%	0.00%
Sun Pharmaceutical Industries Ltd.	Healthcare	97,450	19.4	3.62%	0.20%↑
Mahindra & Mahindra Ltd.	Automobile	40,400	13.73	2.56%	0.22%↑
Larsen & Toubro Ltd.	Construction	26,654	10.5	1.96%	-0.32%↓
Canara Bank	Financial	7,56,000	9.45	1.76%	-0.03%↓
Bharti Airtel Ltd.	Communication	44,000	8.68	1.62%	0.08%↑
Jindal Steel Ltd.	Metals & Mining	74,375	8.2	1.53%	0.04%↑
Kotak Mahindra Bank Ltd.	Financial	1,94,000	7.57	1.41%	-0.02%↓
Divis Laboratories Ltd.	Healthcare	7,581	6.11	1.14%	0.20%↑
State Bank of India	Financial	54,550	5.6	1.05%	-0.01%↓
Aditya Vision Ltd.	Services	81,600	5.21	0.97%	-0.04%↓
Axis Bank Ltd.	Financial	42,000	5.16	0.96%	-0.11%↓
SPR Auto Technologies Ltd.	Automobile	11,149	4.9	0.92%	0.04%↑
Titan Company Ltd.	Consumer Discretionary	8,575	4.18	0.78%	0.07%↑
Tech Mahindra Ltd.	Technology	23,900	3.95	0.74%	0.11%↑
Persistent Systems Ltd.	Technology	6,986	3.88	0.72%	0.15%↑

1 / 4

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	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026
Financial	9.90%	10.02%	9.16%	9.66%	9.32%	10.05%
Energy	3.89%	3.89%	4.20%	4.46%	4.22%	3.86%
Automobile	3.31%	3.16%	2.47%	2.63%	2.50%	2.65%
Healthcare	2.87%	2.60%	3.36%	3.09%	3.00%	3.13%
Metals & Mining	2.77%	3.00%	3.75%	3.59%	3.31%	3.56%
Technology	2.03%	1.71%	1.80%	1.98%	1.92%	2.05%
Capital Goods	1.83%	1.95%	1.27%	1.36%	1.11%	1.14%
Communication	1.62%	1.54%	1.53%	1.56%	1.53%	1.50%
Materials	1.54%	1.19%	1.20%	1.21%	1.62%	2.22%
Services	1.52%	2.33%	1.29%	1.25%	1.19%	1.07%
Consumer Staples	1.04%	1.06%	1.72%	1.80%	1.73%	1.52%
Chemicals	1.01%	0.99%	1.02%	1.48%	1.48%	1.49%
Textiles	0.82%	0.95%	0.90%	0.90%	0.48%	0.45%
Construction	0.54%	0.77%	0.75%	0.74%	0.99%	0.95%
Insurance	0.40%	0.38%	0.40%	0.39%	0.39%	0.49%
Consumer Discretionary	-	-	-	-	-	0.43%

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	33.19%	14.37%
AAA	13.15%	4.99%
SOV	7.89%	8.38%
AA+	5.36%	0.96%
A1+	1.08%	3.34%
Cash	0.08%	27.50%
Others	0.00%	0.39%
A+	-	0.17%
AA	-	0.65%
AA-	-	0.17%
D	-	10.07%
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

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
Hindustan Unilever Ltd.	-1.56
Inox India Ltd.	-1.36
SPR Auto Technologies Ltd.	-0.04
Archean Chemical Industries Ltd.	-1.27
Anthem Biosciences Ltd.	-1.63

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Canara Bank, ITC Ltd., S.P. Apparels Ltd.

Negative cash flow from operations

Following companies have not generated positive operating cash flow for 2 consecutive financial years: Bajaj Finance Ltd., Grasim Industries Ltd., L&T Finance Ltd., Shriram Finance Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Grasim Industries Ltd.	2.2
Tata Power Company Ltd.	2.02
TVS Motor Company Ltd.	3.43

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	3.67%
Reserve Bank of India	Treasury Bills	0.00%	364-D 20/05/2027	SOV	2.68%
REC Ltd.	Debenture	8.37%	07/12/2028	CRISIL AAA	1.92%
GOI	GOI Securities	6.94%	11/05/2036	SOV	1.88%
National Bank For Agriculture & Rural Development	Bonds	7.44%	24/02/2028	CRISIL AAA	1.87%
Cholamandalam Investment and Finance Company Ltd.	Debenture	0.00%	27/02/2029	ICRA AA+	1.87%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL AA+	1.31%
TVS Credit Services Ltd.	Non Convertible Debenture	9.30%	27/06/2029	ICRA AA+	0.96%
National Bank For Agriculture & Rural Development	Debenture	8.20%	16/03/2028	CRISIL AAA	0.95%
Bharti Telecom Ltd.	Debenture	8.75%	05/11/2028	CRISIL AAA	0.95%
GOI	GOI Securities	6.75%	23/12/2029	SOV	0.94%
Small Industries Devp. Bank of India Ltd.	Debenture	7.75%	10/06/2027	CRISIL AAA	0.94%
Power Finance Corporation Ltd.	Bonds	7.45%	0	CRISIL AAA	0.94%
Small Industries Devp. Bank of India Ltd.	Bonds	7.34%	26/02/2029	CRISIL AAA	0.93%
National Bank For Agriculture & Rural Development	Bonds	7.48%	15/09/2028	CRISIL AAA	0.93%
Reserve Bank of India	Treasury Bills	0.00%	364-D 23/10/2026	SOV	0.92%
Godrej Industries Ltd.	Debenture	8.42%	27/12/2027	CRISIL AA+	0.66%
Piramal Finance Ltd.	Debenture	9.12%	06/08/2027	CARE AA+	0.56%
Maharashtra State	State Development Loan	7.63%	31/01/2036	SOV	0.47%
GOI	GOI Securities	6.68%	07/07/2040	SOV	0.45%
GOI	GOI Securities	6.90%	15/04/2065	SOV	0.43%
Canara Bank	Certificate of Deposit	0.00%	11/11/2026	CRISIL A1+	0.37%

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 31 Jul 2026 are Others (33.16%), ICICI Bank Ltd. (6.34%), Bajaj Finance Ltd. (5.53%), HDFC Bank Ltd. (4.43%), Ambuja Cements Ltd. (4.18%). These top 5 stocks together account for 53.64% 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 91 stocks in its portfolio as of 31 Jul 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 31 Jul 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's top sector allocations are Financial (9.90%), Energy (3.89%), Automobile (3.31%). You can find detailed sector allocation above.

What is the equity and debt allocation of Mahindra Manulife Equity Savings Fund Direct-Growth?

As of 31 Jul 2026, Mahindra Manulife Equity Savings Fund Direct-Growth has 35.09% allocated to equity, and 27.48% 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 31 Jul 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's market cap allocation is 82.09% in large caps, 6.22% in mid caps, and 11.69% 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 22.43 as of 31 Jul 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 31 Jul 2026, Mahindra Manulife Equity Savings Fund Direct-Growth's debt portfolio has 13.15% in AAA-rated instruments, 5.36% in AA-rated, and 7.89% 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 31 Jul 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.

Loading…

Asset

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Equity

35.09%

35.54%

34.81%

36.10%

34.79%

36.56%

Debt

27.48%

28.28%

27.99%

28.53%

28.47%

24.38%

Others (incl. cash)

33.27%

32.01%

33.14%

31.46%

32.40%

34.38%

Commodities

0.00%

Real Estate

4.16%

4.17%

4.06%

3.92%

4.34%

4.68%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

2,36,500

33.95

6.34%

0.21%↑

Bajaj Finance Ltd.

Financial

2,59,250

29.59

5.53%

0.62%↑

HDFC Bank Ltd.

Financial

3,17,058

23.72

4.43%

-0.34%↓

Ambuja Cements Ltd.

Materials

5,17,650

22.37

4.18%

0.06%↑

Reliance Industries Ltd.

Energy

1,59,820

20.9

3.90%

0.00%

Sun Pharmaceutical Industries Ltd.

Healthcare

97,450

19.4

3.62%

0.20%↑

Mahindra & Mahindra Ltd.

Automobile

40,400

13.73

2.56%

0.22%↑

Larsen & Toubro Ltd.

Construction

26,654

10.5

1.96%

-0.32%↓

Canara Bank

Financial

7,56,000

9.45

1.76%

-0.03%↓

Bharti Airtel Ltd.

Communication

44,000

8.68

1.62%

0.08%↑

Jindal Steel Ltd.

Metals & Mining

74,375

8.2

1.53%

0.04%↑

Kotak Mahindra Bank Ltd.

Financial

1,94,000

7.57

1.41%

-0.02%↓

Divis Laboratories Ltd.

Healthcare

7,581

6.11

1.14%

0.20%↑

State Bank of India

Financial

54,550

5.6

1.05%

-0.01%↓

Aditya Vision Ltd.

Services

81,600

5.21

0.97%

-0.04%↓

Axis Bank Ltd.

Financial

42,000

5.16

0.96%

-0.11%↓

SPR Auto Technologies Ltd.

Automobile

11,149

4.9

0.92%

0.04%↑

Titan Company Ltd.

Consumer Discretionary

8,575

4.18

0.78%

0.07%↑

Tech Mahindra Ltd.

Technology

23,900

3.95

0.74%

0.11%↑

Persistent Systems Ltd.

Technology

6,986

3.88

0.72%

0.15%↑

Sector

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

Financial

9.90%

10.02%

9.16%

9.66%

9.32%

10.05%

Energy

3.89%

4.20%

4.46%

4.22%

3.86%

Automobile

3.31%

3.16%

2.47%

2.63%

2.50%

2.65%

Healthcare

2.87%

2.60%

3.36%

3.09%

3.00%

3.13%

Metals & Mining

2.77%

3.00%

3.75%

3.59%

3.31%

3.56%

Technology

2.03%

1.71%

1.80%

1.98%

1.92%

2.05%

Capital Goods

1.83%

1.95%

1.27%

1.36%

1.11%

1.14%

Communication

1.62%

1.54%

1.53%

1.56%

1.53%

1.50%

Materials

1.54%

1.19%

1.20%

1.21%

1.62%

2.22%

Services

1.52%

2.33%

1.29%

1.25%

1.19%

1.07%

Consumer Staples

1.04%

1.06%

1.72%

1.80%

1.73%

1.52%

Chemicals

1.01%

0.99%

1.02%

1.48%

1.49%

Textiles

0.82%

0.95%

0.90%

0.48%

0.45%

Construction

0.54%

0.77%

0.75%

0.74%

0.99%

0.95%

Insurance

0.40%

0.38%

0.40%

0.39%

0.49%

Consumer Discretionary

0.43%

Rating

Fund