Mahindra Manulife Multi Asset Allocation Fund Direct-Growth
Hybrid: Multi Asset Allocation - Growth (Open ended)
NAV: ₹13.75-0.92%
23 Oct 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mahindra Manulife Multi Asset Allocation Fund Direct-Growth.
Market Cap Distribution
Large Cap (67.1%)
Mid Cap (12.9%)
Small Cap (20.0%)
Historical Asset Allocation
| Asset | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Equity | 52.21% | 53.30% | 53.80% | 55.52% | 52.84% | 54.98% |
| Debt | 25.00% | 23.35% | 27.16% | 26.96% | 27.41% | 26.89% |
| Others (incl. cash) | 2.42% | 2.52% | 3.46% | 2.28% | 4.36% | 3.04% |
| Commodities | 14.91% | 15.40% | 10.00% | 9.55% | 10.99% | 10.69% |
| Real Estate | 5.45% | 5.43% | 5.59% | 5.70% | 4.40% | 4.40% |
Portfolio Snapshot
No. of Securities
82
P/E Ratio
24.28
P/B Ratio
3.30
Top Holding %
12.32%
Top 5 Holdings %
27.51%
Top 10 Holdings %
40.40%
Modified Duration
2.86 yrs
Avg. Maturity
5.49 yrs
Yield to Maturity
8.07%
AUM
₹1,214 Cr
Expense Ratio
0.58%
Since Inception
12.95%
Max Drawdown
-0.10%
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 | 5,99,146 | 42.46 | 3.50% | 0.06%↑ |
| ICICI Bank Ltd. | Financial | 3,11,700 | 41.2 | 3.39% | -0.28%↓ |
| Bharti Airtel Ltd. | Communication | 1,43,800 | 25.27 | 2.08% | -0.03%↓ |
| Divis Laboratories Ltd. | Healthcare | 26,420 | 24.55 | 2.02% | -0.00%↓ |
| Reliance Industries Ltd. | Energy | 2,03,820 | 24.19 | 1.99% | -0.12%↓ |
| State Bank of India | Financial | 2,05,400 | 19.71 | 1.62% | -0.14%↓ |
| Kotak Mahindra Bank Ltd. | Financial | 4,07,325 | 16.99 | 1.40% | 0.02%↑ |
| SPR Auto Technologies Ltd. | Automobile | 36,420 | 16.95 | 1.40% | 0.04%↑ |
| Aditya Vision Ltd. | Services | 2,59,404 | 15.42 | 1.27% | 0.01%↑ |
| Axis Bank Ltd. | Financial | 1,23,000 | 15.08 | 1.24% | -0.05%↓ |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 70,500 | 12.81 | 1.05% | -0.08%↓ |
| Persistent Systems Ltd. | Technology | 23,800 | 12.56 | 1.03% | -0.04%↓ |
| Tech Mahindra Ltd. | Technology | 80,300 | 12.24 | 1.01% | -0.05%↓ |
| Infosys Ltd. | Technology | 1,20,404 | 11.97 | 0.99% | -0.12%↓ |
| Larsen & Toubro Ltd. | Construction | 31,500 | 11.84 | 0.98% | -0.06%↓ |
| Eternal Ltd. | Services | 3,70,000 | 11.84 | 0.98% | -0.01%↓ |
| NTPC Ltd. | Energy | 3,53,200 | 11.4 | 0.94% | 0.00%↑ |
| Inox India Ltd. | Metals & Mining | 55,432 | 11.38 | 0.94% | -0.02%↓ |
| PTC Industries Ltd. | Metals & Mining | 5,035 | 11.17 | 0.92% | 0.02%↑ |
| Tata Steel Ltd. | Metals & Mining | 6,05,735 | 11.16 | 0.92% | 0.02%↑ |
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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 | 14.62% | 15.15% | 15.50% | 16.21% | 14.04% | 14.53% |
| Energy | 5.54% | 5.92% | 6.38% | 6.52% | 6.77% | 7.37% |
| Automobile | 4.64% | 4.48% | 4.43% | 4.31% | 3.23% | 3.46% |
| Healthcare | 4.58% | 4.72% | 4.38% | 4.10% | 5.21% | 4.93% |
| Metals & Mining | 4.41% | 4.50% | 3.94% | 4.26% | 5.40% | 5.34% |
| Technology | 3.03% | 3.24% | 3.35% | 2.92% | 3.15% | 3.16% |
| Capital Goods | 2.90% | 2.79% | 2.79% | 2.95% | 1.91% | 2.09% |
| Materials | 2.37% | 2.38% | 2.48% | 2.01% | 2.05% | 1.98% |
| Services | 2.25% | 2.24% | 2.32% | 3.66% | 2.07% | 2.07% |
| Communication | 2.08% | 2.11% | 2.37% | 2.31% | 2.35% | 2.47% |
| Consumer Staples | 1.63% | 1.53% | 1.47% | 1.54% | 2.29% | 2.45% |
| Textiles | 1.32% | 1.40% | 1.33% | 1.57% | 1.25% | 1.29% |
| Chemicals | 1.29% | 1.34% | 1.50% | 1.52% | 1.43% | 2.14% |
| Construction | 0.98% | 1.03% | 1.04% | 1.13% | 1.15% | 1.15% |
| Insurance | 0.56% | 0.47% | 0.52% | 0.51% | 0.54% | 0.55% |
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 |
|---|---|---|
| AAA | 8.16% | 6.11% |
| AA+ | 7.29% | 1.59% |
| A1+ | 4.72% | 2.19% |
| SOV | 4.41% | 6.30% |
| Cash & Call Money | 2.09% | 6.52% |
| AA | 0.41% | 0.82% |
| Cash | 0.05% | 1.34% |
| Others | 0.02% | 0.03% |
| A | - | 0.01% |
| A+ | - | 0.02% |
| AA- | - | 0.30% |
| Term Deposits | - | 0.00% |
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
49.7 / 100
Weighted average Value score is 49.7. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
56.1 / 100
Weighted average Price Momentum score is 56.1. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
61.6 / 100
Weighted average Quality score is 61.6. This indicates that portfolio has average quality using composite of quality measures.
QVM score
64.2 / 100
Weighted average QVM score is 64.2. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
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 |
|---|---|---|---|---|---|
| Muthoot Finance Ltd. | Debenture | 0.00% | 26/07/2029 | CRISIL AA+ | 3.09% |
| TVS Credit Services Ltd. | Non Convertible Debenture | 8.85% | 11/06/2027 | CRISIL AA+ | 2.07% |
| Shriram Finance Ltd | Debenture | 8.70% | 09/04/2028 | CRISIL AAA | 1.86% |
| Bharti Telecom Ltd. | Debenture | 7.40% | 01/02/2029 | CRISIL AAA | 1.61% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 0.00% | 27/02/2029 | ICRA AA+ | 1.44% |
| GOI | GOI Securities | 7.71% | 18/05/2066 | SOV | 1.40% |
| Power Finance Corporation Ltd. | Bonds | 7.45% | 0 | CRISIL AAA | 1.23% |
| Bajaj Finance Ltd. | Non Convertible Debenture | 7.77% | 17/04/2029 | CRISIL AAA | 1.22% |
| Embassy Office Parks REIT | Debenture | 7.21% | 17/03/2028 | CRISIL AAA | 1.22% |
| Maharashtra State | State Development Loan | 6.98% | 25/06/2037 | SOV | 0.96% |
| Godrej Industries Ltd. | Debenture | 8.42% | 27/12/2027 | CRISIL AA+ | 0.70% |
| Maharashtra State | State Development Loan | 7.63% | 31/01/2036 | SOV | 0.41% |
| Aditya Birla Real Estate Ltd | Non Convertible Debenture | 8.55% | 30/08/2029 | CRISIL AA | 0.41% |
| Tata Capital Housing Finance Ltd. | Debenture | 7.17% | 21/05/2030 | CRISIL AAA | 0.40% |
| Bajaj Housing Finance Ltd. | Debenture | 7.79% | 20/08/2031 | CRISIL AAA | 0.40% |
| GOI | GOI Securities | 7.24% | 18/08/2055 | SOV | 0.39% |
| Maharashtra State | State Development Loan | 7.25% | 12/11/2037 | SOV | 0.39% |
| Sundaram Finance Ltd. | Debenture | 7.05% | 11/10/2028 | ICRA AAA | 0.20% |
Frequently Asked Questions
What are the top holdings of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth?
The top holdings of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth as of 30 Sep 2026 are ICICI Prudential Gold Exchange Traded Fund (12.32%), Mahindra Manulife Liquid Fund Direct -Growth (4.94%), HDFC Bank Ltd. (3.50%), ICICI Bank Ltd. (3.39%), Brookfield India Real Estate Trust REIT (3.36%). These top 5 stocks together account for 27.51% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mahindra Manulife Multi Asset Allocation Fund Direct-Growth hold in its portfolio?
Mahindra Manulife Multi Asset Allocation Fund Direct-Growth holds 82 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 Multi Asset Allocation Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Multi Asset Allocation Fund Direct-Growth's top sector allocations are Financial (14.62%), Energy (5.54%), Automobile (4.64%). You can find detailed sector allocation above.
What is the equity and debt allocation of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Multi Asset Allocation Fund Direct-Growth has 52.21% allocated to equity, and 25.00% to debt. You can also check the historical trends above.
What is the market cap allocation of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Multi Asset Allocation Fund Direct-Growth's market cap allocation is 67.14% in large caps, 12.86% in mid caps, and 20.00% in small caps.
What is the PE ratio of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mahindra Manulife Multi Asset Allocation Fund Direct-Growth is 24.28 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 Multi Asset Allocation Fund Direct-Growth?
As of 30 Sep 2026, Mahindra Manulife Multi Asset Allocation Fund Direct-Growth's debt portfolio has 8.16% in AAA-rated instruments, 0.41% in AA-rated, and 4.41% 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 Multi Asset Allocation Fund Direct-Growth?
The latest portfolio disclosure for Mahindra Manulife Multi Asset Allocation 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.