Mahindra Manulife Value Fund
The fund maintains a classic value positioning with steady conviction in financials and quality compounders, though recent portfolio churn suggests tactical rebalancing rather than strategic overhaul. The eleven new entries—spanning shipbuilding, auto, sugar, and railways—signal the manager is hunting for undervalued cyclicals and infrastructure plays overlooked by the market, a calculated bet on economic normalization. Exits from housing finance and IT indicate a preference for avoiding momentum sectors, keeping the fund grounded in fundamentals rather than chasing recent outperformers.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹12.3295 | — | — | — | — |
| Regular Growth | ₹12.0678 | +0.73% | +7.42% | — | — |
| Direct IDCW | ₹12.3295 | — | — | — | — |
| Regular IDCW | ₹12.0678 | — | — | — | — |
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 |
|---|---|
| Mazagon Dock Shipbuilders Limited | 1.13% |
| Maruti Suzuki India Limited | 1.08% |
| Balrampur Chini Mills Limited | 1.01% |
| Container Corporation of India Limited | 0.98% |
| Engineers India Limited | 0.97% |
| Elecon Engineering Company Limited | 0.77% |
| Vedanta Limited | 0.42% |
| Talwandi Sabo Power Limited | 0.19% |
| Vedanta Iron And Steel Limited | 0.19% |
| Malco Energy Limited | 0.19% |
| Vedanta Aluminium Metal Limited | 0.19% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 3.13% |
| 2 | ICICI Bank Limited INE090A01021 | 2.76% |
| 3 | Tube Investments Of India Limited INE974X01010 | 2.73% |
| 4 | Indus Towers Limited INE121J01017 | 2.67% |
| 5 | IndusInd Bank Limited INE095A01012 | 2.66% |
| 6 | Bajaj Auto Limited INE917I01010 | 2.57% |
| 7 | HDFC Bank Limited INE040A01034 | 2.53% |
| 8 | Shriram Finance Limited INE721A01047 | 2.37% |
| 9 | JSW Energy Limited INE121E01018 | 2.35% |
| 10 | Infosys Limited INE009A01021 | 2.14% |
| 11 | Grasim Industries Limited INE047A01021 | 1.95% |
| 12 | Jindal Saw Ltd INE324A01032 | 1.91% |
| 13 | Vodafone Idea Limited INE669E01016 | 1.83% |
| 14 | Tech Mahindra Limited INE669C01036 | 1.80% |
| 15 | Glenmark Pharmaceuticals Limited INE935A01035 | 1.77% |
| 16 | Tata Consultancy Services Limited INE467B01029 | 1.75% |
| 17 | IDFC First Bank Limited INE092T01019 | 1.66% |
| 18 | Mahindra Logistics Limited INE766P01016 | 1.65% |
| 19 | Oil India Limited INE274J01014 | 1.65% |
| 20 | Thermax Limited INE152A01029 | 1.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Mahindra Manulife Value Fund hold?
Mahindra Manulife Value Fund holds 73 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 13.95% of NAV.
What is the largest holding in Mahindra Manulife Value Fund?
The largest position in Mahindra Manulife Value Fund is Reliance Industries Limited, accounting for 3.13% of NAV in the Petroleum Products sector.
Is Mahindra Manulife Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.255, Mahindra Manulife Value Fund is well-diversified. The HHI concentration index is 16,329 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 13.95% of the portfolio.
What is the market cap allocation of Mahindra Manulife Value Fund?
Based on SEBI's AMFI classification, Mahindra Manulife Value Fund's equity portfolio is split as: Large Cap: 35.95%, Mid Cap: 34.29%, Small Cap: 27.89%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Mahindra Manulife Value Fund invest in most?
Mahindra Manulife Value Fund has the highest allocation to Banks (14.14%), Pharmaceuticals & Biotechnology (8.60%), Auto Components (7.64%). The fund is invested across 29 sectors in total.
How actively managed is Mahindra Manulife Value Fund compared to other Value Fund funds?
Mahindra Manulife Value Fund has an Active Share of 68.28%, classifying it as "Active Stock Picker" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Mahindra Manulife Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Mahindra Manulife Value Fund added 11 new stocks (including Mazagon Dock Shipbuilders Limited) and exited 3 stocks (including PNB Housing Finance Limited). Total holding count increased from 67 to 75 stocks.