Markets / Mutual funds / Sectoral / Thematic

MahindraManulife Banking & Financial Services Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Mahindra Manulife Mutual Fund · Equity fund · Direct plan · IDCW

Sectoral / ThematicDirect · IDCW

NAV · 6 Nov 2026

₹11.1445 ▲ 1.95%

Mahindra Manulife Mutual Fund

Fund size₹463 crJuly - September 2026

1-month range₹10.06 – 11.14

1 year+6.98%

Expense ratio1.13%direct plan, a year

5 years–a year

What the fund does

Equity fund in the Sectoral / Thematic category, from Mahindra Manulife Mutual Fund.

Fund houseMahindra Manulife Mutual Fund

NAV history

Returns

1 week

+9.74%avg 5.2%

1 month

+6.84%avg 3.0%

3 months

+1.66%avg -1.6%

6 months

+4.58%avg 3.7%

This year

+3.83%avg 4.5%

1 year

+6.98%avg 5.5%

Bars: this plan; the thin mark is the Sectoral / Thematic average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2025							+0.0	-3.9	+2.8	+6.0	+2.4	+0.4
2026	+0.6	+1.8	-14.4	+10.7	-0.2	+4.6	+0.5	+2.8	-7.5	-2.3	+9.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held3135 lines in all

Top 10 stocks61.8%of the fund

Equity97.5%stocks and equity derivatives

Debt & cash2.6%everything else

Where the money is

Equity 97.5%Cash & others 2.6%

Sectors (stocks held)

Banks

54.3%

Finance

19.8%

Capital Markets

12.9%

Insurance

5.5%

Financial Technology (Fintech)

5.0%

Stocks held 31

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	11.88%
HDFC Bank Limited INE040A01034	Banks	10.18%
Axis Bank Limited INE238A01034	Banks	7.50%
State Bank of India INE062A01020	Banks	5.39%
Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	4.95%
Shriram Finance Limited INE721A01047	Finance	4.92%
Bajaj Finance Ltd INE296A01032	Finance	4.54%
Kotak Mahindra Bank Ltd INE237A01036	Banks	4.34%
Ujjivan Small Finance Bank Limited INE551W01018	Banks	4.28%
Aditya Birla Capital Limited INE674K01013	Finance	3.79%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	3.34%
Nippon Life India Asset Management Limited INE298J01013	Capital Markets	2.89%
Karur Vysya Bank Limited INE036D01028	Banks	2.86%
SBI Life Insurance Company Limited INE123W01016	Insurance	2.86%
Max Financial Services Limited INE180A01020	Insurance	2.59%
Angel One Limited INE732I01021	Capital Markets	2.19%
IndusInd Bank Limited INE095A01012	Banks	2.05%
Bandhan Bank Limited INE545U01014	Banks	1.88%
360 One WAM Limited INE466L01038	Capital Markets	1.85%
Piramal Finance Limited INE202B01038	Finance	1.66%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	1.65%
PNB Housing Finance Limited INE572E01012	Finance	1.25%
Cholamandalam Investment and Finance Company Limited INE121A01024	Finance	1.17%
Bank of Maharashtra INE457A01014	Banks	1.07%
DCB Bank Limited INE503A01015	Banks	1.04%
SBI Funds Management Limited INE640G01020	Capital Markets	1.03%
Union Bank of India INE692A01016	Banks	0.96%
L&T Finance Limited INE498L01015	Finance	0.94%
Bajaj Finserv Limited INE918I01026	Finance	0.86%
Indian Bank INE562A01011	Banks	0.85%
Tata Capital Limited INE976I01016	Finance	0.71%

Show 16 moreShow fewer

Debt, money market and cash 4

Holding	Sector / type	% of fund
Triparty Repo	–	2.47%
Net Receivables / (Payables)	–	0.06%
Margin placed with CCIL & ARCL	–	0.05%
Net Receivables / (Payables)	–	0.03%

From the fund house's monthly portfolio (mahindramanulife.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility18.9%yearly, from daily NAVs

Worst fall-15.72%26 Feb 2026 → 31 Mar 2026

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 25 Jul 2025).

Fund details

Fund size (average AUM, July - September 2026)	₹463 cr across all plans · this plan ₹0.13 cr
Fund house	Mahindra Manulife Mutual Fund
Category	Equity · Sectoral / Thematic
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 1.13% · Regular 2.77% (5 Nov 2026)
Scheme code (AMFI)	153672
ISIN	INF174V01CQ2
NAV date	6 Nov 2026

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹11.1445	+6.98%
Regular · Growth	₹10.8919	+5.13%
Regular · IDCW	₹10.8919	+5.13%

Top Sectoral / Thematic funds (direct plans)

Fund	1 year	3 years (a year)
Nippon India Taiwan Equity Fund	+39.55%	+42.38%
HDFC Defence Fund	+20.78%	+35.14%
HDFC Pharma and Healthcare Fund	+28.23%	+31.72%
SBI HEALTHCARE OPPORTUNITIES FUND	+22.32%	+25.68%
HDFC Transportation and Logistics Fund	+9.94%	+25.29%
Mirae Asset Healthcare Fund	+24.35%	+25.21%
UTI - Healthcare Fund	+18.81%	+24.71%
ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND	+11.93%	+23.21%

All Sectoral / Thematic funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of MahindraManulife Banking & Financial Services Fund - Direct Plan - IDCW today?

₹11.1445 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of MahindraManulife Banking & Financial Services Fund - Direct Plan - IDCW?

1 year: 6.98%

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.