Mahindra Manulife ELSS Tax Saver Fund

Mahindra Manulife Mutual FundEquityPortfolio as of 30 June 2026

Mahindra Manulife ELSS Tax Saver Fund holds 59 instruments (97.5% equity), led by ICICI Bank Limited (9.48%), HDFC Bank Limited (7.64%) and Bharti Airtel Limited (4.23%), as of its 30 June 2026 SEBI-mandated monthly disclosure.

Holdings
59
Equity Allocation
97.5%
AMC
Mahindra Manulife Mutual Fund
Category
Equity

This page shows the complete disclosed portfolio of Mahindra Manulife ELSS Tax Saver Fund, managed by Mahindra Manulife Mutual Fund, based on its monthly portfolio disclosure dated 30 June 2026. The fund holds 59 instruments with an equity allocation of 97.5%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

Mahindra Manulife ELSS Tax Saver Fund's top 10 holdings account for 40.96% of its portfolio, more concentrated than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 32.38% of net assets, spread across 12 sectors in total. Since its 31 May 2026 disclosure, the fund added 6 new positions and exited 10 positions, with Kotak Mahindra Bank Limited seeing the largest move (+0.93pp to 2.26%).

Top 10 Equity Holdings

ICICI Bank Limited · 9.48%HDFC Bank Limited · 7.64%Bharti Airtel Limited · 4.23%Bajaj Finance Limited · 3.5%Reliance Industries Limited · 3.18%Larsen & Toubro Limited · 3.05%Infosys Limited · 2.87%Maruti Suzuki India Limited · 2.38%Axis Bank Limited · 2.37%Kotak Mahindra Bank Limited · 2.26%

What Changed: May 2026 → June 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

6 new entries10 exits10 increased8 reduced

New Entries

JK Cement Limited · 1.12%Fortis Healthcare Limited · 1.1%Suzlon Energy Limited · 1%Hindustan Aeronautics Limited · 0.99%L&T Finance Limited · 0.98%Marico Limited · 0.95%

Complete Exits

Oil & Natural Gas Corporation Limited · was 1.53%Britannia Industries Limited · was 1.29%Dabur India Limited · was 1.05%NTPC Limited · was 0.94%Astral Limited · was 0.86%Tata Steel Limited · was 0.84%Jubilant Foodworks Limited · was 0.81%Oil India Limited · was 0.77%K.P.R. Mill Limited · was 0.56%Wakefit Innovations Limited · was 0.04%

Biggest Weight Increases

StockWeightChange
Kotak Mahindra Bank Limited1.33% → 2.26%▲ +0.93
Elgi Equipments Limited0.11% → 0.86%▲ +0.75
Maruti Suzuki India Limited1.64% → 2.38%▲ +0.74
ICICI Bank Limited8.83% → 9.48%▲ +0.65
InterGlobe Aviation Limited0.76% → 1.4%▲ +0.64
Shriram Finance Limited0.78% → 1.25%▲ +0.47
HDFC Bank Limited7.28% → 7.64%▲ +0.36
Tata Motors Passenger Vehicles Limited0.91% → 1.23%▲ +0.32
Titan Company Limited1.14% → 1.45%▲ +0.31
Bajaj Finance Limited3.23% → 3.5%▲ +0.27

Biggest Weight Reductions

StockWeightChange
Indus Towers Limited1.53% → 0.95%▼ -0.58
Infosys Limited3.4% → 2.87%▼ -0.53
Tata Consultancy Services Limited2.35% → 2.07%▼ -0.28
Tata Power Company Limited1.71% → 1.53%▼ -0.18
Reliance Industries Limited3.32% → 3.18%▼ -0.14
IndusInd Bank Limited1.83% → 1.69%▼ -0.14
Dr. Reddy's Laboratories Limited1.68% → 1.55%▼ -0.13
Tech Mahindra Limited1.59% → 1.48%▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Jan – Jun 2026).

ICICI Bank Limited
Jan: 7.81%, Feb: 7.87%, Mar: 7.78%, Apr: 8.66%, May: 8.83%, Jun: 9.48%
9.48%
HDFC Bank Limited
Jan: 7.68%, Feb: 7.46%, Mar: 6.95%, Apr: 6.84%, May: 7.28%, Jun: 7.64%
7.64%
Bharti Airtel Limited
Jan: 1.89%, Feb: 1.81%, Mar: 2.37%, Apr: 3.61%, May: 4.01%, Jun: 4.23%
4.23%
Bajaj Finance Limited
Jan: 3.52%, Feb: 3.59%, Mar: 2.5%, Apr: 3.25%, May: 3.23%, Jun: 3.5%
3.5%
Reliance Industries Limited
Jan: 5.22%, Feb: 5.17%, Mar: 4.67%, Apr: 3.5%, May: 3.32%, Jun: 3.18%
3.18%

Full Portfolio (59 holdings)

#HoldingSector% to NAV
1ICICI Bank LimitedFinancial Services9.48%
2HDFC Bank LimitedFinancial Services7.64%
3Bharti Airtel LimitedTelecommunication4.23%
4Bajaj Finance LimitedFinancial Services3.5%
5Reliance Industries LimitedEnergy3.18%
6Larsen & Toubro LimitedIndustrials3.05%
7Infosys LimitedInformation Technology2.87%
8Maruti Suzuki India LimitedConsumer Discretionary2.38%
9Axis Bank LimitedFinancial Services2.37%
10Kotak Mahindra Bank LimitedFinancial Services2.26%
11Hindustan Unilever LimitedConsumer Staples2.23%
12Tata Consultancy Services LimitedInformation Technology2.07%
13Avenue Supermarts LimitedConsumer Discretionary2.03%
14TVS Motor Company LimitedConsumer Discretionary2.03%
15UNO Minda LimitedConsumer Discretionary1.8%
16ETERNAL LIMITEDConsumer Discretionary1.72%
17IndusInd Bank LimitedFinancial Services1.69%
18Mankind Pharma LimitedHealthcare1.64%
19Dr. Reddy's Laboratories LimitedHealthcare1.55%
20Sun Pharmaceutical Industries LimitedHealthcare1.54%
21Tata Power Company LimitedUtilities1.53%
22Trent LimitedConsumer Discretionary1.49%
23Tech Mahindra LimitedInformation Technology1.48%
24Titan Company LimitedConsumer Discretionary1.45%
25InterGlobe Aviation LimitedServices1.4%
26Triparty Repotreps—1.4%
27Tata Capital LimitedFinancial Services1.33%
28Neuland Laboratories LimitedHealthcare1.26%
29Shriram Finance LimitedFinancial Services1.25%
30Godrej Properties LimitedReal Estate1.23%
31Tata Motors Passenger Vehicles LimitedConsumer Discretionary1.23%
32Eicher Motors LimitedConsumer Discretionary1.2%
33Info Edge (India) LimitedConsumer Discretionary1.16%
34JK Cement LimitedMaterials1.12%
35Crompton Greaves Consumer Electricals LimitedConsumer Discretionary1.12%
36Fortis Healthcare LimitedHealthcare1.1%
37Grindwell Norton LimitedIndustrials1.06%
38Net Receivables / (Payables)other—1.06%
39Nestle India LimitedConsumer Staples1.02%
40LG Electronics India LimitedConsumer Discretionary1.01%
41DOMS Industries LimitedConsumer Staples1%
42Suzlon Energy LimitedIndustrials1%
43Voltas LimitedConsumer Discretionary1%
44Hindustan Aeronautics LimitedIndustrials0.99%
45Dr. Lal Path Labs Ltd.Healthcare0.99%
46L&T Finance LimitedFinancial Services0.98%
47Bandhan Bank LimitedFinancial Services0.97%
48Indus Towers LimitedTelecommunication0.95%
49Marico LimitedConsumer Staples0.95%
50Aarti Industries LimitedMaterials0.93%
51HDFC Life Insurance Company LimitedFinancial Services0.91%
52LTM LimitedInformation Technology0.91%
53Arvind Fashions LimitedConsumer Discretionary0.88%
54Elgi Equipments LimitedIndustrials0.86%
55Jubilant Ingrevia LimitedMaterials0.84%
56GlaxoSmithKline Pharmaceuticals LimitedHealthcare0.83%
57CG Power and Industrial Solutions LimitedIndustrials0.81%
58TVS Motor Company Ltd 6.00% (Cumulative Non-Convertible Redeemable Preference Share)bond—0.02%
59Margin placed with CCIL & ARCLother—0.02%

Frequently Asked Questions

Yes. As of its 30 June 2026 disclosure, ICICI Bank Limited is 9.48% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 1 holding.
Yes. As of its 30 June 2026 disclosure, HDFC Bank Limited is 7.64% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 2 holding.
Yes. As of its 30 June 2026 disclosure, Bharti Airtel Limited is 4.23% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 3 holding.
Yes. As of its 30 June 2026 disclosure, Bajaj Finance Limited is 3.5% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 4 holding.
Yes. As of its 30 June 2026 disclosure, Reliance Industries Limited is 3.18% of Mahindra Manulife ELSS Tax Saver Fund's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Mahindra Manulife Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 June 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.