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Mahindra Manulife Multi Asset Allocation Fund - Direct Plan - IDCW

  • Regular
  • Direct
Category : Multi Asset Allocation
Portfolio Turnover Ratio : 64.00%. Category average turnover ratio is 88.80%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 52.12% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 52.12%
No of Stocks : 54 (Category Avg - 62.55) | Large Cap Investments : 30.66%| Mid Cap Investments : 4.58% | Small Cap Investments : 6.28% | Other : 10.6%

Portfolio Summary (as on 30th Sep,2025)

Particulars This Scheme Category
No. of Stocks 54 62.57
Top 5 Stock Weight 12.22% 16.04%
Top 10 Stock Weight 19.65% 24.45%
Top 3 Sector Weight 16.18% 18.55%
Particulars This Scheme Category
Average mcap (Cr) 71021.32 71997.17
Holdings in large cap stocks 30.66% 30.08%
Holdings in mid cap stocks 4.58% 5.93%
Holdings in small cap stocks 6.28% 4.27%

Top 10 Stocks holding in Portfolio (as on 30th Sep,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Private sector bank 228.9 3.31% -0.26% 3.99% (Apr 2025) 1.31% (Oct 2024) 2.41 L 0.00
ICICI Bank Ltd. Private sector bank 216.4 3.13% -0.36% 3.77% (Jul 2025) 1.45% (Oct 2024) 1.61 L 0.00
Reliance Industries Ltd. Refineries & marketing 138.9 2.01% -0.14% 2.45% (Jun 2025) 0.55% (Oct 2024) 1.02 L 0.00
State Bank Of India Public sector bank 135.2 1.96% 0.02% 1.96% (Sep 2025) 1.55% (Oct 2024) 1.55 L 0.00
Mahindra & Mahindra Ltd. Passenger cars & utility vehicles 125.1 1.81% -0.01% 1.86% (Jun 2025) 0% (Oct 2024) 36.50 k 0.00
Axis Bank Ltd. Private sector bank 107.5 1.56% 0.01% 1.82% (Apr 2025) 0% (Oct 2024) 95.00 k 0.00
Bharti Airtel Ltd. Telecom - cellular & fixed line services 107.1 1.55% -0.13% 1.93% (Apr 2025) 0% (Oct 2024) 57.00 k 0.00
Divis Laboratories Ltd. Pharmaceuticals 103.4 1.50% -0.23% 2% (May 2025) 1.46% (Oct 2024) 18.17 k 0.00
ITC Limited Diversified fmcg 98.2 1.42% -0.14% 1.6% (Jul 2025) 0.98% (Nov 2024) 2.45 L 0.00
Infosys Ltd. Computers - software & consulting 96.9 1.40% -0.14% 1.71% (May 2025) 1.06% (Oct 2024) 67.20 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.

Complete equity Portfolio (as on 30th Sep,2025)

Help me understand this table
Stock Invested in
Sector
Sector Total
Value(Mn)
% of Total Holdings
1M Change
1Y Highest Holding
1Y Lowest Holding
Quantity
1M Change in Qty
M-Cap
GroupName
HDFC Bank Ltd. Private sector bank 8.79 228.9 3.31% -0.26% 3.99% (Apr 2025) 1.31% (Oct 2024) 2.41 L 0.00 Other 10.6
ICICI Bank Ltd. Private sector bank 8.79 216.4 3.13% -0.36% 3.77% (Jul 2025) 1.45% (Oct 2024) 1.61 L 0.00 Large Cap 30.66
Reliance Industries Ltd. Refineries & marketing 2.74 138.9 2.01% -0.14% 2.45% (Jun 2025) 0.55% (Oct 2024) 1.02 L 0.00 Large Cap 30.66
State Bank Of India Public sector bank 1.96 135.2 1.96% 0.02% 1.96% (Sep 2025) 1.55% (Oct 2024) 1.55 L 0.00 Large Cap 30.66
Mahindra & Mahindra Ltd. Passenger cars & utility vehicles 2.56 125.1 1.81% -0.01% 1.86% (Jun 2025) 0% (Oct 2024) 36.50 k 0.00 Large Cap 30.66
Axis Bank Ltd. Private sector bank 8.79 107.5 1.56% 0.01% 1.82% (Apr 2025) 0% (Oct 2024) 95.00 k 0.00 Large Cap 30.66
Bharti Airtel Ltd. Telecom - cellular & fixed line services 1.55 107.1 1.55% -0.13% 1.93% (Apr 2025) 0% (Oct 2024) 57.00 k 0.00 Large Cap 30.66
Divis Laboratories Ltd. Pharmaceuticals 3.18 103.4 1.50% -0.23% 2% (May 2025) 1.46% (Oct 2024) 18.17 k 0.00 Large Cap 30.66
ITC Limited Diversified fmcg 1.95 98.2 1.42% -0.14% 1.6% (Jul 2025) 0.98% (Nov 2024) 2.45 L 0.00 Large Cap 30.66
Infosys Ltd. Computers - software & consulting 4.21 96.9 1.40% -0.14% 1.71% (May 2025) 1.06% (Oct 2024) 67.20 k 0.00 Large Cap 30.66
National Thermal Power Corporation Ltd. Power generation 1.24 85.9 1.24% -0.05% 1.59% (Mar 2025) 1.21% (Dec 2024) 2.52 L 0.00 Large Cap 30.66
Bajaj Finance Ltd. Non banking financial company (nbfc) 1.18 81.9 1.18% 0.06% 1.25% (May 2025) 0% (Oct 2024) 82.00 k 0.00 Other 10.6
Aditya Vision Ltd. Speciality retail 1.18 81.6 1.18% 0.04% 1.18% (Sep 2025) 0.81% (Jun 2025) 1.45 L 0.00 Other 10.6
L&T Finance Holdings Ltd. Investment company 1.16 80.1 1.16% 0.07% 1.16% (Sep 2025) 0.67% (Dec 2024) 3.21 L 0.00 Mid Cap 4.58
Coromandel International Ltd. Fertilizers 1.11 77 1.11% -0.12% 1.46% (Jul 2025) 0.9% (Oct 2024) 34.25 k 0.00 Mid Cap 4.58
Grasim Industries Limited Cement & cement products 2.96 74.3 1.07% -0.09% 1.27% (Apr 2025) 0.68% (Dec 2024) 26.94 k 0.00 Large Cap 30.66
Larsen & Toubro Ltd. Civil construction 1.96 71.4 1.03% -0.06% 1.19% (May 2025) 0.55% (Oct 2024) 19.50 k 0.00 Large Cap 30.66
Tata Steel Ltd. Iron & steel products 1.01 70.2 1.01% 0.01% 1.12% (May 2025) 0.49% (Jan 2025) 4.16 L 0.00 Other 10.6
J.K. Cement Ltd. Cement & cement products 2.96 68 0.98% -0.19% 1.17% (Aug 2025) 0.44% (Nov 2024) 10.79 k 0.00 Small Cap 6.28
Tech Mahindra Ltd. Computers - software & consulting 4.21 63.7 0.92% -0.13% 1.36% (Jan 2025) 0.84% (Mar 2025) 45.50 k 0.00 Large Cap 30.66
Shree Cement Ltd. Cement & cement products 2.96 63.2 0.91% -0.07% 1.2% (Feb 2025) 0.63% (Oct 2024) 2.16 k 0.00 Large Cap 30.66
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 3.18 62.7 0.91% -0.07% 1.24% (Apr 2025) 0.72% (Nov 2024) 39.30 k 0.00 Large Cap 30.66
Tata Consultancy Services Ltd. Computers - software & consulting 4.21 58.6 0.85% -0.13% 1.21% (Apr 2025) 0% (Oct 2024) 20.30 k 0.00 Large Cap 30.66
GAIL (India) Ltd. Gas transmission/marketing 0.83 57.5 0.83% -0.05% 1.17% (Mar 2025) 0.54% (Oct 2024) 3.26 L 0.00 Large Cap 30.66
Kotak Mahindra Bank Ltd. Private sector bank 8.79 54.9 0.79% -0.05% 1.06% (Mar 2025) 0.44% (Oct 2024) 27.57 k 0.00 Large Cap 30.66
Gland Pharma Ltd. Pharmaceuticals 3.18 53 0.77% -0.01% 0.87% (Jul 2025) 0% (Oct 2024) 26.60 k 0.00 Other 10.6
Maruti Suzuki India Ltd. Passenger cars & utility vehicles 2.56 51.6 0.75% 0.01% 0.75% (Sep 2025) 0.5% (Dec 2024) 3.22 k 0.00 Large Cap 30.66
- Hero Motocorp Ltd. 2/3 wheelers 0.74 51.4 0.74% 0.00% 0.74% (Aug 2025) 0.5% (Dec 2024) 9.40 k 0.00 Large Cap 30.66
Hindalco Industries Ltd. Aluminium 0.74 50.9 0.74% -0.16% 0.91% (Jun 2025) 0.46% (Dec 2024) 66.80 k -0.15 L Large Cap 30.66
SBI Life Insurance Co Ltd. Life insurance 0.73 50.2 0.73% -0.06% 0.85% (Apr 2025) 0.59% (Nov 2024) 28.06 k 0.00 Large Cap 30.66
Hindustan Petroleum Corporation Ltd. Refineries & marketing 2.74 50.2 0.73% 0.07% 0.89% (May 2025) 0.55% (Feb 2025) 1.13 L 0.00 Large Cap 30.66
Tata Consumer Products Ltd. Tea & coffee 0.72 50.1 0.72% -0.02% 0.89% (Apr 2025) 0.54% (Dec 2024) 44.38 k 0.00 Mid Cap 4.58
Shriram Pistons & Rings Ltd. Auto ancillaries 0.72 49.9 0.72% 0.16% 0.72% (Sep 2025) 0% (Oct 2024) 18.52 k 4.17 k Small Cap 6.28
Asahi India Glass Ltd. Auto components & equipments 1.36 49 0.71% -0.04% 0.76% (Jul 2025) 0% (Oct 2024) 57.27 k 0.00 Small Cap 6.28
- L G Balakrishnan & Bros Ltd. Auto components & equipments 1.36 44.8 0.65% 0.00% 0.65% (Aug 2025) 0.39% (Nov 2024) 32.64 k 0.00 Small Cap 6.28
SP Apparels Ltd. Garments & apparels 0.63 43.9 0.63% -0.06% 0.79% (Jul 2025) 0.39% (Nov 2024) 60.63 k 0.00 Small Cap 6.28
- KEI Industries Ltd. Cables - electricals 0.63 43.3 0.63% 0.00% 0.65% (Jun 2025) 0.34% (Mar 2025) 10.65 k 0.00 Small Cap 6.28
Tega Industries Ltd. Industrial products 0.61 42.3 0.61% -0.03% 0.68% (Jul 2025) 0% (Oct 2024) 22.35 k 0.00 Other 10.6
Archean Chemical Industries Ltd. Specialty chemicals 0.57 39.3 0.57% -0.01% 0.6% (Jul 2025) 0.33% (Oct 2024) 57.00 k 0.00 Other 10.6
Kirloskar Brothers Ltd. Compressors, pumps & diesel engines 0.55 38.3 0.55% -0.05% 0.75% (Jun 2025) 0.43% (Feb 2025) 19.83 k 0.00 Small Cap 6.28
Coal India Ltd. Coal 0.55 38.1 0.55% -0.02% 0.69% (Mar 2025) 0.43% (Nov 2024) 97.75 k 0.00 Large Cap 30.66
Afcons Infrastructure Ltd. Civil construction 1.96 37.4 0.54% 0.01% 0.58% (Jun 2025) 0% (Oct 2024) 82.19 k 0.00 Other 10.6
LTIMindtree Ltd. Computers - software & consulting 4.21 37.3 0.54% -0.04% 1.37% (Jan 2025) 0.54% (Sep 2025) 7.24 k 0.00 Mid Cap 4.58
Voltas Limited Household appliances 0.54 37.2 0.54% -0.05% 0.71% (Mar 2025) 0.49% (Nov 2024) 27.50 k 0.00 Mid Cap 4.58
Inox India Ltd. Engineering 0.54 37 0.54% -0.01% 0.63% (May 2025) 0.37% (Nov 2024) 31.43 k 0.00 Other 10.6
Hindustan Unilever Ltd. Diversified fmcg 1.95 36.7 0.53% -0.07% 0.6% (Aug 2025) 0.34% (Dec 2024) 14.60 k 0.00 Large Cap 30.66
Carborundum Universal Ltd. Abrasives & bearings 0.53 36.3 0.53% -0.03% 0.56% (Aug 2025) 0.3% (Oct 2024) 39.30 k 0.00 Small Cap 6.28
Oil & Natural Gas Corporation Ltd. Oil exploration & production 0.52 35.8 0.52% -0.02% 0.61% (Jan 2025) 0.36% (Oct 2024) 1.50 L 0.00 Large Cap 30.66
PTC Industries Ltd. Other industrial products 0.51 35.5 0.51% 0.01% 0.6% (Mar 2025) 0.34% (Oct 2024) 2.29 k 0.00 Small Cap 6.28
- Rural Electrification Corporation Limited Financial institution 0.51 35.1 0.51% 0.00% 0.63% (May 2025) 0.33% (Feb 2025) 94.00 k 0.00 Mid Cap 4.58
Persistent Systems Ltd. Computers - software & consulting 4.21 34.2 0.50% -0.09% 0.69% (Jun 2025) 0.47% (Oct 2024) 7.10 k 0.00 Other 10.6
Power Grid Corporation of India Ltd. Power - transmission 0.48 33.1 0.48% -0.03% 0.64% (Jan 2025) 0% (Oct 2024) 1.18 L 0.00 Large Cap 30.66
ISGEC Heavy Engineering Ltd. Civil construction 1.96 27.2 0.39% -0.08% 0.63% (May 2025) 0.37% (Feb 2025) 30.92 k 0.00 Other 10.6
Technocraft Industires (India) Ltd. Spinning-cotton/blended 0.37 25.8 0.37% -0.08% 0.58% (Jul 2025) 0.31% (Nov 2024) 11.71 k 0.00 Small Cap 6.28
WABCO India Ltd. Auto components & equipments 1.36 34.4 0.00% -0.54% - - - - Mid Cap 4.58
- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
# Bond - Small Industries Development Bank Of India Financial institution 50.1 0.72% 0.72% 0% (Oct 2025) 0% (Oct 2025) 5.00 L 500000

Stocks removed from Portfolio (in 1 month period ending 30th Sep,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
WABCO India Ltd. Auto components & equipments 34.4 0.00% -0.54% 0.81% (Mar 2025) 0% (Oct 2024) 0.00 -2446

Trend in stock holdings (Top 15 Holding)

Stock Sep 2025 Aug 2025 Jul 2025 Jun 2025 May 2025 Apr 2025 Mar 2025 Feb 2025 Jan 2025 Dec 2024 Nov 2024 Oct 2024 Sep 2024
HDFC Bank Ltd. 3.31% 3.57% 3.85% 3.86% 3.90% 3.99% 3.35% 3.35% 1.63% 1.44% 1.42% 1.31% 1.35%
ICICI Bank Ltd. 3.13% 3.49% 3.77% 3.49% 3.63% 3.70% 3.58% 2.43% 1.65% 1.49% 1.48% 1.45% 1.41%
State Bank Of India 1.96% 1.94% 1.96% 1.79% 1.84% 1.85% 1.85% 1.74% 1.88% 1.56% 1.62% 1.55% 1.37%
Divis Laboratories Ltd. 1.50% 1.73% 1.90% 1.98% 2.00% 1.91% 1.73% 1.73% 1.63% 1.56% 1.54% 1.46% 1.35%
Axis Bank Ltd. 1.56% 1.55% 1.61% 1.71% 1.77% 1.82% 1.73% 0.95% - - - - -
Mahindra & Mahindra Ltd. 1.81% 1.82% 1.86% 1.86% 1.81% 1.84% 1.34% 1.37% 0.53% - - - -
Reliance Industries Ltd. 2.01% 2.15% 2.25% 2.45% 2.29% 2.34% 1.62% 1.61% 0.85% 0.83% 0.79% 0.55% 0.63%
National Thermal Power Corporation Ltd. 1.24% 1.29% 1.34% 1.36% 1.40% 1.54% 1.59% 1.46% 1.37% 1.21% 1.29% 1.43% 1.53%
Infosys Ltd. 1.40% 1.54% 1.61% 1.69% 1.71% 1.70% 1.12% 1.26% 1.25% 1.19% 1.19% 1.06% 1.17%
ITC Limited 1.42% 1.56% 1.60% 1.43% 1.49% 1.57% 1.44% 1.47% 1.26% 0.99% 0.98% 1.02% 1.11%
Bharti Airtel Ltd. 1.55% 1.68% 1.73% 1.70% 1.64% 1.93% 1.67% 1.16% 0.49% 0.40% 0.42% - -
Coromandel International Ltd. 1.11% 1.23% 1.46% 1.38% 1.31% 1.31% 1.08% 0.96% 1.00% 0.99% 0.95% 0.90% 0.93%
Tech Mahindra Ltd. 0.92% 1.05% 1.06% 1.23% 1.19% 1.18% 0.84% 0.93% 1.36% 1.10% 1.12% 1.06% 1.07%
Aditya Vision Ltd. 1.18% 1.14% 0.91% 0.81% 0.92% 0.95% 1.07% 1.09% 1.02% 1.16% 1.09% 1.06% 1.19%
Tata Consultancy Services Ltd. 0.85% 0.98% 0.98% 1.13% 1.17% 1.21% 0.85% 0.86% - - - - -
No of Debt Holding 12 (Category Avg - 16.90) | Modified Duration 2.36 Years (Category Avg - 2.77)| Yield to Maturity 6.99% (Category Avg - 6.50%)

Portfolio Summary (as on 30th Sep,2025)

Security Type % Weight Category Average
GOI 2.66% 7.14%
CD 0.72% 1.00%
T-Bills 0.00% 0.66%
CP 0.00% 0.12%
NCD & Bonds 11.54% 8.03%
PTC 0.00% 0.10%
Category - Multi Asset Allocation
Security Type % Weight Category Average
Government Backed 2.66% 7.80%
Low Risk 12.26% 9.02%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Category - Multi Asset Allocation

Debt holding in Portfolio (as on 30th Sep,2025)

Instrument
Type
Sector
Rating
Rating Agency
Value (Mn)
% of Total Holding
Quantity
Bond - TVS Credit Services Ltd NCD & Bonds Non banking financial company (nbfc) AA+ CRISIL 254.65 3.68% 25.00 L
Bond - Muthoot Finance Pvt. Ltd. NCD & Bonds Non banking financial company (nbfc) AA+ CRISIL 254.51 3.68% 25.00 L
Bond - Godrej Industries Ltd NCD & Bonds Animal feed AA+ CRISIL 86.85 1.26% 8.50 L
Bond - Govt of India GOI Other 70.35 1.02% 7.00 L
Bond - Govt of India GOI Other 54.03 0.78% 5.50 L
Bond - Kotak Mahindra Investments Ltd. NCD & Bonds Non banking financial company (nbfc) AAA CRISIL 51.03 0.74% 5.00 L
Bond - Rural Electrification Corporation Limited NCD & Bonds Financial institution LAAA ICRA 50.48 0.73% 5.00 L
Bond - LIC Housing Finance Ltd. NCD & Bonds Housing finance company AAA CRISIL 50.45 0.73% 5.00 L
Bond - Small Industries Development Bank Of India NCD & Bonds Financial institution LAAA ICRA 50.09 0.72% 5.00 L
Bond - Kotak Mahindra Bank Ltd. CD Private sector bank P1+ CRISIL 49.55 0.72% 5.00 L
Bond - Govt of India GOI Other 49.15 0.71% 5.00 L
Bond - Govt of India GOI Other 10.10 0.15% 1.00 L
Name Type of Instrument Weight (%)
MF Units MF Units 10.62%
MF Units MF Units 7.55%
MF Units MF Units 5.07%
TREPS TREPS 2.87%
Nexus Select Trust InvITs 2.39%
Embassy Office Parks Reit InvITs 1.99%
Brookfield India Real Estate Trust InvITs 1.96%
Net Receivables Net Receivables 0.51%

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