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Sectoral / Thematic · Equity

Mahindra Manulife Banking & Financial Services Fund

Mahindra Manulife Investment Management Pvt Ltd
Benchmark
Not on record
Riskometer
Not on record
Size
Not on record
Allotted
Not on record
Holdings as of
30 Sep 2026

Mahindra Manulife Banking & Financial Services Fund is a sectoral / thematic fund of Mahindra Manulife Investment Management Pvt Ltd. Its direct plan charges 1.13% a year.

Has Mahindra Manulife Banking & Financial Services Fund beaten its benchmark?

+2.36% over the last year on the direct plan.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−4.37% −3.60% —
3 months−5.29% −5.03% —
6 months−1.14% −1.83% —
1 year+2.36% −4.06% +6.42 pts
3 years— +9.27% —
5 years— +8.00% —
10 years— +12.69% —
Since start
from 21 Jul 2025
+3.69%——
Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Value of 100, month-end

Jul 2025 to 14 Oct 2026
50100150
Fund 106Nifty 500 TRI 97

₹100 put in at the start of Jul 2025 would be ₹106 on 14 Oct 2026, against ₹97 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Mahindra Manulife Banking & Financial Services Fund cost?

1.13% a year on the direct plan, 2.77% on the regular plan; 15 of 21 funds in its category charge less.

Direct plan
1.13% a year
Category median 1.06%
Regular plan
2.77% a year
Category median 2.49%
Gap
1.64 points
for the same holdings
15 of 21 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Schemes - Sectoral Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Mahindra Manulife Banking & Financial Services Fund?

ManagersNot on record
Benchmark as filedNot on record
Exit load
Not on record

What does Mahindra Manulife Banking & Financial Services Fund hold?

35 holdings as of 30 Sep 2026; the ten largest are 61.8% of the fund, the largest ICICI Bank Limited at 11.9%.

Mix

Holdings as of 30 Sep 2026
Equity97.5%Debt0.0%Cash2.6%Other0.0%
Holdings
35
31 shares
Top ten
61.8%
of the fund
Effective holdings
18.1
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
ICICI Bank Limited11.9%
HDFC Bank Limited10.2%
Axis Bank Limited7.50%
State Bank of India5.39%
Multi Commodity Exchange of India Limited4.95%

Five largest industries

% of fund
Banks55.7%
Finance20.4%
Capital Markets13.2%
Insurance5.60%
Financial Technology (Fintech)5.10%

By company size

% of equity · SEBI size lists
Large Cap58.7%Mid Cap27.5%Small Cap13.9%

How does Mahindra Manulife Banking & Financial Services Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.
Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Mahindra Manulife Banking & Financial Services Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker
Nearest to the Nifty 50: 65% of it differs from the index (an active fund is usually above 60%).
Active share 65.1%60%

Funds that hold much the same

% of holdings in common
CANARA ROBECO BANKING AND FINANCIAL SERVICES FUND71.9% the same
19 shared holdings
Baroda BNP Paribas Banking & Financial Services Fund68.9% the same
22 shared holdings
TATA BANKING & FINANCIAL SERVICES FUND68.7% the same
21 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

What is the expense ratio of Mahindra Manulife Banking & Financial Services Fund?

1.13% a year on the direct plan and 2.77% on the regular plan (expense report, Oct 2026).

Inside the app

See Mahindra Manulife Banking & Financial Services Fund beside your own funds in Valarth

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Mahindra Manulife Banking & Financial Services Fund in the app: beside your own funds, with what you own through them

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