Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl

Equity

Mahindra Mutual Fund

Equity - Other

Get the latest NAV of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl. 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.

₹12.93

▲1.1%1D

NAV as on 20 Mar 2026

17.04%/per year

Since Inception

Absolute Gain%

▲▼

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (20-Mar-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-7.61%
-5.7%
-2.56%
9.8%
--
--
Nifty 500
-8.57%
-9.66%
-8.92%
1.52%
14.32%
11.68%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
-1.22%
8.37%
13.02%
29.02%
32.11%
27.33%
Worst in Equity - Other
-11.63%
-20.54%
-23.89%
-13.44%
7.02%
6.17%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl
-
1,303Cr
0.53%
9.8%
-
--
--
--
--
--
Nippon India Power & Infra Fund Payout Inc Dist cum Cap Wdrl
-
7,001Cr
0.96%
-9.01%
22.71%
7.03
--
--
2.09
1.25
SBI Magnum Comma Fund Reinvestment Inc Dist cum Cap Wdrl
-
618Cr
1.88%
-1.86%
8.05%
-1.96
--
--
0.38
-0.43
Axis Innovation Fund Reinvst of Inc Dis cum Cap Wdrl
-
1,157Cr
1.31%
16.16%
12.51%
-0.59
--
--
0.77
-0.26
See all

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
50.7%
Mid cap
25.5%
Small cap
22.2%
Mid Cap allocation has gone up from 21.2% to 25.5%
Mid Cap allocation has gone up from 21.2% to 25.5%
Large Cap allocation has gone down from 55.2% to 50.7%
Large Cap allocation has gone down from 55.2% to 50.7%
Small Cap allocation has gone down from 22.4% to 22.2%
Small Cap allocation has gone down from 22.4% to 22.2%
Cash allocation has gone up from 1.2% to 1.6%
Cash allocation has gone up from 1.2% to 1.6%

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
22.6%
Consumer Cyclical
16.9%
Basic Materials
12.4%
Consumer Defensive
9.7%
Tech
9.5%
Energy
9%
Utilities
6.6%
Health
5.7%
Industrial
5.2%
Communication
2.3%

Top 3 Sectors in February were Financial Services, Basic Materials & Consumer Cyclical

Feb'26

Financial Services

23%

Basic Materials

14%

Consumer Cyclical

13%

Jan'26

Financial Services

26%

Basic Materials

12%

Consumer Cyclical

12%

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
Reliance Industries Ltd
4.21%
0%
Indus Towers Ltd Ordinary Shares
3.97%
-9.5%
State Bank of India
3.69%
-30.4%
Bajaj Auto Ltd
3.6%
0%
Infosys Ltd
3.32%
0%
See all
Top Stocks bought last month
Oil & Natural Gas Corp Ltd's allocation increased from 0.99% to 1.81%
Oil & Natural Gas Corp Ltd's allocation increased from 0.99% to 1.81%
Glenmark Pharmaceuticals Ltd's allocation increased from 1.02% to 1.64%
Glenmark Pharmaceuticals Ltd's allocation increased from 1.02% to 1.64%
JSW Energy Ltd's allocation increased from 2.28% to 2.64%
JSW Energy Ltd's allocation increased from 2.28% to 2.64%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.26 % to 4.21 %
Reliance Industries Ltd's allocation decreased from 4.26 % to 4.21 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 4.33 % to 3.97 %
Indus Towers Ltd Ordinary Shares's allocation decreased from 4.33 % to 3.97 %
State Bank of India's allocation decreased from 4.8 % to 3.69 %
State Bank of India's allocation decreased from 4.8 % to 3.69 %

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.53%
Benchmark
Nifty 500 TRI
AUM₹1303 Cr
Inception Date13 September, 2023
Min Lumpsum/SIP₹1,000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
63.6%
Risk
Risk meter
pointer
Very High Risk

About Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 13 September, 2023. The fund is managed by Renjith Sivaram, Vishal Jajoo, Krishna Sanghavi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl has ₹1303 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 17.04% since inception. Over the last 1 year the fund has given a CAGR return of 9.80%.

Holdings

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Health, Energy, Tech, Utilities, Industrial, Communication, Consumer Defensive. Its top holdings are Reliance Industries Ltd, Indus Towers Ltd Ordinary Shares, State Bank of India, Bajaj Auto Ltd, Infosys Ltd

Taxation

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Manager

Renjith Sivaram

Fund Manager of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl, since 13 September 2023

Vishal Jajoo

Fund Manager of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl, since 2 May 2025

Krishna Sanghavi

Fund Manager of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl, since 13 September 2023

Learn more about Mahindra Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 1.3K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Feb'26
  • AUM increased by 12.8 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl

How do I invest in Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl?

INDmoney makes it simple to invest in the Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl?

The NAV of the fund today is ₹12.93. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl fund has generated a return of 9.80% in 1 year

Who is the fund manager of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl?

The fund managers are Renjith Sivaram, Vishal Jajoo, Krishna Sanghavi.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-3 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.53%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1303 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mahindra Manulife Business Cycle Fund Direct Payout Inc Dist cum Cap Wdrl?

The top 3 holdings of the fund are Reliance Industries Ltd(4.21%), Indus Towers Ltd Ordinary Shares(3.97%), State Bank of India(3.69%)