Mahindra Manulife Banking & Financial Services Fund

Mutual fund

Direct · Growth

· AMFI 153674

₹11.32

+7.9%over 1 year

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Sectoral
Yearly fee: 1.13%; Since 1 October 2026
Fund size: ₹445 crore
Started: 18 July 2025
Exit load: 0.50% if sold within 3 months
Compared against: NIFTY Financial Services TRI
Plan: Direct · Growth
Companies held: 31; 34 lines in all
Holdings as at: 29 September 2026

What does it hold?

Company size

Large
Mid
Small
Cash, bonds, abroad

Mahindra Manulife Banking & Financial Services Fund
56%28%14%

Industries

Financial94%
Industrials3%

Top companies

10 of 31 companies · holdings as at 29 September 2026

1
ICICI Bank Ltd
LargeFinancial
11.9%
2
HDFC Bank Ltd
LargeFinancial
10.2%
3
Axis Bank Ltd
LargeFinancial
7.5%
4
State Bank of India
LargeFinancial
5.4%
5
Multi Commodity Exchange Of India Ltd
MidFinancial
5.0%
6
Shriram Transport Finance Company Ltd
LargeFinancial
4.9%
7
Bajaj Finance Ltd
LargeFinancial
4.5%
8
Kotak Mahindra Bank Ltd
LargeFinancial
4.3%
9
Ujjivan Small Finance Bank Ltd
SmallFinancial
4.3%
10
Aditya Birla Capital Ltd
MidFinancial
3.8%

Show all 31

11
One 97 Communications Ltd
MidIndustrials
3.3%
12
Nippon Life India Asset Management Ltd
MidFinancial
2.9%
13
Karur Vysya Bank Ltd
SmallFinancial
2.9%
14
SBI Life Insurance Company Ltd
LargeFinancial
2.9%
15
Max Financial Services Ltd
MidFinancial
2.6%
16
Angel One Ltd
SmallFinancial
2.2%
17
Indusind Bank Ltd
MidFinancial
2.0%
18
Bandhan Bank Ltd
SmallFinancial
1.9%
19
IIFL Wealth Management Ltd
MidFinancial
1.9%
20
DEWAN HOUSING FINANCE CORP. LTD. EQ
MidFinancial
1.7%
21
PB Fintech Ltd
MidFinancial
1.6%
22
PNB Housing Finance Ltd
SmallFinancial
1.3%
23
Cholamandalam Investment & Finance Company Ltd
LargeFinancial
1.2%
24
Bank of Maharashtra
MidFinancial
1.1%
25
DCB Bank Ltd
SmallFinancial
1.0%
26
SBI Funds Management Ltd
MidFinancial
1.0%
27
Union Bank of India
LargeFinancial
1.0%
28
L&T Finance Holdings Ltd
MidFinancial
0.9%
29
Bajaj Finserv Ltd
LargeFinancial
0.9%
30
Indian Bank
LargeFinancial
0.8%
31
TATA CAPITAL LIMITED EQ
LargeFinancial
0.7%

What does it cost?

1.13% a year: ₹113 on every ₹10,000 you hold.

The middle fee for Sectoral direct plans is 1.03%.

Exit load: 0.50% if sold within 3 months

How has it done?

1 year: +7.9%
3 years, per year: Too young
5 years, per year: Too young

Worst fall so far: −15.7% (Feb 2026 to Mar 2026).

Past prices are not a forecast of anything.

Events

1 October 2026Fee changed from 1.16% to 1.13% a year.
29 September 2026New portfolio published: holdings as at 29 September 2026.
1 September 2026Fee changed from 1.20% to 1.16% a year.
1 August 2026Fee changed from 1.23% to 1.20% a year.
24 July 2026Fee changed from 1.15% to 1.23% a year.

Show all 21

1 July 2026Fee changed from 1.22% to 1.15% a year.
1 June 2026Fee changed from 0.66% to 1.22% a year.
27 May 2026Fee changed from 1.32% to 0.66% a year.
26 May 2026Fee changed from 1.67% to 1.32% a year.
25 May 2026Fee changed from 0.66% to 1.67% a year.
23 May 2026Fee changed from 4.58% to 0.66% a year.
22 May 2026Fee changed from 0.66% to 4.58% a year.
16 May 2026Fee changed from 2.01% to 0.66% a year.
15 May 2026Fee changed from 1.35% to 2.01% a year.
14 May 2026Fee changed from 1.62% to 1.35% a year.
13 May 2026Fee changed from 0.66% to 1.62% a year.
5 May 2026Fee changed from 2.73% to 0.66% a year.
4 May 2026Fee changed from 0.66% to 2.73% a year.
30 April 2026Fee changed from 0.55% to 0.66% a year.
26 September 2025Fee changed from 0.61% to 0.55% a year.
26 August 2025Fee changed from 0.50% to 0.61% a year.

Sources and dates

Holdings: Groww's page for this fund, month-end 29 September 2026
Prices: AMFI via mfapi.in, to 11 November 2026
Fee: Groww, from 1 October 2026
Company sizes: SEBI's rank by full market value, 25 September 2026