Mahindra Manulife Focused Fund
The fund is positioned as a quality-focused play on India's established blue-chip ecosystem, with nearly half its portfolio anchored in just ten names. Banking and financials dominate at nearly 30 percent combined, reflecting conviction in credit cycles and domestic consumption, while the manager maintains meaningful exposure to energy and pharmaceuticals for sectoral diversification. The recent trimming of Infosys signals a tactical shift away from IT heavyweights, suggesting the manager sees better opportunities in cyclical and financial plays than in software for the near term.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹29.3021 | — | — | — | — |
| Regular Growth | ₹26.4891 | +0.37% | +0.02% | +17.25% | +16.52% |
| Direct IDCW | ₹19.9403 | — | — | — | — |
| Regular IDCW | ₹17.5857 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 8.33% |
| 2 | Reliance Industries Limited INE002A01018 | 7.01% |
| 3 | Larsen & Toubro Limited INE018A01030 | 4.85% |
| 4 | HDFC Bank Limited INE040A01034 | 4.72% |
| 5 | Kotak Mahindra Bank Ltd INE237A01036 | 4.11% |
| 6 | State Bank of India INE062A01020 | 4.11% |
| 7 | Grasim Industries Limited INE047A01021 | 3.87% |
| 8 | Indus Towers Limited INE121J01017 | 3.72% |
| 9 | NTPC Limited INE733E01010 | 3.68% |
| 10 | Avenue Supermarts Limited INE192R01011 | 3.53% |
| 11 | Bajaj Auto Limited INE917I01010 | 3.49% |
| 12 | Tech Mahindra Limited INE669C01036 | 3.37% |
| 13 | Bajaj Finance Ltd INE296A01032 | 3.26% |
| 14 | Adani Ports and Special Economic Zone Limited INE742F01042 | 3.14% |
| 15 | Oil & Natural Gas Corporation Limited INE213A01029 | 3.00% |
| 16 | ITC Limited INE154A01025 | 2.91% |
| 17 | Triparty Repo nan | 2.76% |
| 18 | Infosys Limited INE009A01021 | 2.65% |
| 19 | Power Finance Corporation Limited INE134E01011 | 2.63% |
| 20 | IndusInd Bank Limited INE095A01012 | 2.49% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mahindra Manulife Focused Fund hold?
Mahindra Manulife Focused Fund holds 30 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.02% of NAV.
What is the largest holding in Mahindra Manulife Focused Fund?
The largest position in Mahindra Manulife Focused Fund is ICICI Bank Limited, accounting for 8.33% of NAV in the Banks sector.
Is Mahindra Manulife Focused Fund a concentrated or diversified fund?
With a Gini coefficient of 0.234, Mahindra Manulife Focused Fund is well-diversified. The HHI concentration index is 37,993 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.02% of the portfolio.
What is the market cap allocation of Mahindra Manulife Focused Fund?
Based on SEBI's AMFI classification, Mahindra Manulife Focused Fund's equity portfolio is split as: Large Cap: 76.23%, Mid Cap: 12.77%, Small Cap: 3.77%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mahindra Manulife Focused Fund invest in most?
Mahindra Manulife Focused Fund has the highest allocation to Banks (23.76%), Petroleum Products (7.01%), Pharmaceuticals & Biotechnology (6.98%). The fund is invested across 18 sectors in total.
How actively managed is Mahindra Manulife Focused Fund compared to other Focused Fund funds?
Mahindra Manulife Focused Fund has an Active Share of 65.87%, classifying it as "Active Stock Picker" among 27 Focused Fund peers. This indicates a moderate level of differentiation from category peers.