Mahindra Manulife Business Cycle Fund — Portfolio Holdings (Mahindra Manulife Mutual Fund)

Equity positions

Portfolio coverage

100.02%

Latest month

Sep 2026

Top equity holdings

Stock	Value	% of AUM	MoM
RELIANCE · Reliance Industries Limited	₹49.72 Cr	3.85%	→ Held
GRASIM · Grasim Industries Limited	₹41.34 Cr	3.20%	→ Held
ICICIBANK · ICICI Bank Limited	₹39.65 Cr	3.07%	→ Held
JSWENERGY · JSW Energy Limited	₹39.28 Cr	3.04%	→ Held
AXISBANK · Axis Bank Limited	₹34.94 Cr	2.71%	→ Held
BANDHANBNK · Bandhan Bank Limited	₹32.54 Cr	2.52%	▲ Added
INDUSINDBK · IndusInd Bank Limited	₹32.40 Cr	2.51%	→ Held
ADANIENT · Adani Enterprises Limited	₹31.94 Cr	2.47%	→ Held
INDUSTOWER · Indus Towers Limited	₹29.86 Cr	2.31%	→ Held
BAJAJ-AUTO · Bajaj Auto Limited	₹29.07 Cr	2.25%	→ Held
TECHM · Tech Mahindra Limited	₹28.46 Cr	2.20%	→ Held
DIVISLAB · Divi's Laboratories Limited	₹27.87 Cr	2.16%	→ Held
IDFCFIRSTB · IDFC First Bank Limited	₹26.06 Cr	2.02%	→ Held
IDEA · Vodafone Idea Limited	₹24.87 Cr	1.93%	→ Held
AJANTPHARM · Ajanta Pharma Limited	₹24.15 Cr	1.87%	→ Held

Showing the top 15 of 68 equity holdings. Access the full portfolio via the API →

Top 15 equity holdings by market value. Source: the fund house's monthly portfolio disclosures (via AMFI). Figures in Cr (crore).

Every holding, every month, plus quantity changes — via one REST API call.