Get the latest NAV of Mahindra Manulife Business Cycle Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹14.84
▲0.9%1D
NAV as on 15 May 2025
26.52%/per year
Since Inception
▲▼
201 people have invested ₹ 3.6L in Mahindra Manulife Business Cycle Fund Direct Growth in the last three months
Fund returns vs Benchmark returns vs Category Average returns as on (15-May-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 99.5%
Debt & Cash 0.5%
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 99.5%
Debt & Cash 0.5%
Top 3 Sectors in April were Financial Services, Basic Materials & Consumer Cyclical
Financial Services
21%
Basic Materials
15%
Consumer Cyclical
13%
Financial Services
25%
Basic Materials
13%
Consumer Cyclical
11%
as on (30-Apr-25)
Equity
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
Expense ratio | 0.47% |
Benchmark | Nifty 500 TRI |
AUM | ₹1175 Cr |
Inception Date | 13 September, 2023 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 101.09% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
Mahindra Manulife Business Cycle Fund Direct Growth is an equity fund. This fund was started on 13 September, 2023. The fund is managed by Krishna Sanghavi. The fund could potentially beat inflation in the long-run.
Mahindra Manulife Business Cycle Fund Direct Growth has given a CAGR return of 26.52% since inception. Over the last 1 year the fund has given a CAGR return of 10.09%.
Mahindra Manulife Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Energy, Consumer Defensive, Tech, Health, Industrial, Utilities, Communication, Real Estate. Its top holdings are Reliance Industries Ltd, State Bank of India, HDFC Bank Ltd, Infosys Ltd, ITC Ltd
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying and investing in business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Business Cycle Fund Direct Growth has no lock in period.
Fund Manager of Mahindra Manulife Business Cycle Fund Direct Growth, since 13 September 2023
5Y CAGR
▲ 33.61
3Y CAGR
▲ 26.16
5Y CAGR
▲ 31.46
3Y CAGR
▲ 23.01
5Y CAGR
▲ 24.08
Mahindra Manulife Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.4% | 7.4% |
6 Month Returns | 1.71% | 1.71% |
1 Year Returns | 10.09% | 10.09% |
3 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mahindra Manulife Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mahindra Manulife Business Cycle Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mahindra Manulife Business Cycle Fund Direct Growth | -0.05 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mahindra Manulife Business Cycle Fund Direct Growth | 18.35 | - | - |