Mahindra Manulife Business Cycle Fund - Direct Plan IDCW | Mahindra Manulife Business Cycle Fund - Direct Plan NAV Today [14.17], Performance & History

Equity Sectoral Thematic Direct

Regular

Direct

2 Year Absolute Returns

10.12% ↑

NAV (₹) on 09 Mar 2026

14.17

1 Day NAV Change

-1.86%

Risk Level

Very High Risk

Rating

Mahindra Manulife Business Cycle Fund - Direct Plan is a Equity mutual fund categorized under Sector, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 21 Aug 2023, investors ... Read more

NAV History

Fund Details

Min. SIP Amount

₹500

Inception Date

21 Aug 2023

Min. Lumpsum Amount

₹ 1,000

Fund Age

2 Yrs

AUM

₹ 1,302.51 Cr.

Benchmark

NIfty 500 Total Return

Expense Ratio

0.49%

Scheme Type

Open Ended

Exit Load

Asset Allocation

AUM

₹ 1,302.51 Cr

Equity

98.21%

Money Market & Cash

0.17%

Other Assets & Liabilities

1.62%

Sector Holdings

Sectors	Weightage
IT Consulting & Software	9.15%
Finance - Banks - Public Sector	7.80%
Pharmaceuticals	7.03%
Non-Banking Financial Company (NBFC)	6.75%
Finance - Banks - Private Sector	6.56%
Refineries	6.23%
Cement	4.26%
Power - Generation/Distribution	3.24%
Auto - 2 & 3 Wheelers	2.86%
Iron & Steel	2.78%
Cigarettes & Tobacco Products	2.74%
Personal Care	2.72%
Sugar	2.57%
Telecom Equipment	2.54%
Aluminium	2.01%
Steel - Tubes/Pipes	1.98%
Mining/Minerals	1.90%
Consumer Electronics	1.88%
Engineering - Heavy	1.84%
Auto - Cars & Jeeps	1.82%
Net Receivables/(Payables)	1.62%
Oil Drilling And Exploration	1.61%
Tyres & Tubes	1.57%
Gas Transmission/Marketing	1.49%
Retail - Apparel/Accessories	1.39%
Pumps	1.27%
Glass & Glass Products	1.21%
Edible Oils & Solvent Extraction	1.14%
Steel - Sponge Iron	1.12%
Textiles - Readymade Apparels	0.95%
Footwears	0.95%
Paper & Paper Products	0.88%
Electric Equipment - Transformers	0.74%
Packaging & Containers	0.69%
Steel - Pig Iron	0.69%
Chemicals - Inorganic - Others	0.68%
Finance - Term Lending Institutions	0.66%
Abrasives And Grinding Wheels	0.65%
Petrochemicals - Polymers	0.62%
Construction, Contracting & Engineering	0.48%
Auto - Construction Vehicles	0.48%
Printing/Publishing/Stationery	0.28%
Treps/Reverse Repo	0.17%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
Reliance Industries Limited	4.88%	₹ 59.52	Refineries
State Bank of India	4.06%	₹ 49.55	Finance - Banks - Public Sector
Infosys Limited	3.14%	₹ 38.29	IT Consulting & Software
HDFC Bank Limited	2.86%	₹ 34.93	Finance - Banks - Private Sector
ITC Limited	2.74%	₹ 33.44	Cigarettes & Tobacco Products
Indus Towers Limited	2.54%	₹ 31.01	Telecom Equipment
Tata Consultancy Services Limited	2.52%	₹ 30.73	IT Consulting & Software
Hindustan Unilever Limited	2.23%	₹ 27.24	Personal Care
Divi's Laboratories Limited	2.20%	₹ 26.78	Pharmaceuticals
Bajaj Finance Limited	2.01%	₹ 24.48	Non-Banking Financial Company (NBFC)
APL Apollo Tubes Limited	1.98%	₹ 24.19	Steel - Tubes/Pipes
Coal India Limited	1.90%	₹ 23.17	Mining/Minerals
Grasim Industries Limited	1.88%	₹ 22.91	Cement
Whirlpool of India Limited	1.88%	₹ 22.87	Consumer Electronics
Tech Mahindra Limited	1.85%	₹ 22.62	IT Consulting & Software
Tata Steel Limited	1.84%	₹ 22.41	Iron & Steel
Maruti Suzuki India Limited	1.82%	₹ 22.17	Auto - Cars & Jeeps
Jio Financial Services Limited	1.76%	₹ 21.50	Non-Banking Financial Company (NBFC)
Sun Pharmaceutical Industries Limited	1.76%	₹ 21.47	Pharmaceuticals
NTPC Limited	1.71%	₹ 20.81	Power - Generation/Distribution
RBL Bank Limited	1.71%	₹ 20.83	Finance - Banks - Private Sector
Wipro Limited	1.64%	₹ 19.97	IT Consulting & Software
Net Receivables / (Payables)	1.62%	₹ 19.89	Others
Oil & Natural Gas Corporation Limited	1.61%	₹ 19.63	Oil Drilling And Exploration
CEAT Limited	1.57%	₹ 19.17	Tyres & Tubes
CESC Limited	1.53%	₹ 18.67	Power - Generation/Distribution
Bajaj Auto Limited	1.52%	₹ 18.51	Auto - 2 & 3 Wheelers
Piramal Enterprises Limited	1.51%	₹ 18.39	Non-Banking Financial Company (NBFC)
GAIL (India) Limited	1.49%	₹ 18.13	Gas Transmission/Marketing
Manappuram Finance Limited	1.47%	₹ 17.90	Non-Banking Financial Company (NBFC)
Trent Limited	1.39%	₹ 16.93	Retail - Apparel/Accessories
Balrampur Chini Mills Limited	1.38%	₹ 16.82	Sugar
UltraTech Cement Limited	1.38%	₹ 16.82	Cement
Hindustan Petroleum Corporation Limited	1.35%	₹ 16.44	Refineries
Punjab National Bank	1.34%	₹ 16.37	Finance - Banks - Public Sector
Hero MotoCorp Limited	1.34%	₹ 16.38	Auto - 2 & 3 Wheelers
Bank of Baroda	1.33%	₹ 16.22	Finance - Banks - Public Sector
Kirloskar Brothers Limited	1.27%	₹ 15.47	Pumps
Asahi India Glass Limited	1.21%	₹ 14.75	Glass & Glass Products
Triveni Engineering & Industries Limited	1.19%	₹ 14.46	Sugar
Axis Bank Limited	1.17%	₹ 14.31	Finance - Banks - Private Sector
AWL Agri Business Limited	1.14%	₹ 13.89	Edible Oils & Solvent Extraction
GlaxoSmithKline Pharmaceuticals Limited	1.13%	₹ 13.83	Pharmaceuticals
Sarda Energy and Minerals Limited	1.12%	₹ 13.64	Steel - Sponge Iron
Emcure Pharmaceuticals Ltd	1.09%	₹ 13.30	Pharmaceuticals
Union Bank of India	1.07%	₹ 13.02	Finance - Banks - Public Sector
LMW Limited	1.05%	₹ 12.82	Engineering - Heavy
Hindalco Industries Limited	1.05%	₹ 12.80	Aluminium
The Ramco Cements Limited	1.00%	₹ 12.20	Cement
National Aluminium Company Limited	0.96%	₹ 11.72	Aluminium
Bata India Limited	0.95%	₹ 11.63	Footwears
S. P. Apparels Limited	0.95%	₹ 11.55	Textiles - Readymade Apparels
Technocraft Industries (India) Limited	0.94%	₹ 11.50	Iron & Steel
Aditya Birla Real Estate Limited	0.88%	₹ 10.79	Paper & Paper Products
Piramal Pharma Limited	0.85%	₹ 10.33	Pharmaceuticals
Bandhan Bank Limited	0.82%	₹ 10.04	Finance - Banks - Private Sector
ISGEC Heavy EngineeringÂ Limited	0.79%	₹ 9.62	Engineering - Heavy
Bharat Bijlee Limited	0.74%	₹ 9.05	Electric Equipment - Transformers
Kirloskar Ferrous Industries Limited	0.69%	₹ 8.45	Steel - Pig Iron
VIP Industries Limited	0.69%	₹ 8.42	Packaging & Containers
Archean Chemical Industries Limited	0.68%	₹ 8.26	Chemicals - Inorganic - Others
Power Finance Corporation Limited	0.66%	₹ 8.05	Finance - Term Lending Institutions
Carborundum Universal Limited	0.65%	₹ 7.88	Abrasives And Grinding Wheels
NOCIL Limited	0.62%	₹ 7.60	Petrochemicals - Polymers
Emami Limited	0.49%	₹ 5.99	Personal Care
Afcons Infrastructure Limited	0.48%	₹ 5.91	Construction, Contracting & Engineering
Sanghvi Movers Ltd	0.48%	₹ 5.83	Auto - Construction Vehicles
D.B.Corp Limited	0.28%	₹ 3.45	Printing/Publishing/Stationery
Triparty Repo	0.17%	₹ 2.06	Others

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	1.13%	6.13%	4.94%	-
Category returns	-3.39%	7.23%	7.55%	24.20%

Fund Objective

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 ... Read more

AMC Details

Name

Mahindra Manulife Investment Management Pvt. Ltd.

Date of Incorporation

04 Feb 2016

CEO

Mr. Anthony Heredia

CIO

Mr. Rahul Pal, Mr. Krishna Sanghavi

Type

Pvt.Sector-Joint Venture (Indian)

Address

1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai, Maharashtra, India - 400018

Website

http://www.mahindramutualfund.com

[email protected]

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Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.

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Mahindra Manulife Flexi Cap Fund Diversified Regular	₹13.10	-1.99%	27.42%	0.00%	₹1,556	2.05%	Very High
Mahindra Manulife Overnight Fund - Direct Plan Liquid Direct	₹1,393.19	5.54%	27.30%	39.32%	₹214	0.09%	Low

FAQs

What is the current NAV of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW is ₹14.17 as of 09 Mar 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW is ₹1,302.51 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW?

Mahindra Manulife Business Cycle Fund - Direct Plan IDCW has delivered returns of 6.13% (1 Year), 0.00% (3 Year), 0.00% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW?

Mahindra Manulife Business Cycle Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Mahindra Manulife Business Cycle Fund - Direct Plan IDCW?

The minimum lumpsum investment required for Mahindra Manulife Business Cycle Fund - Direct Plan IDCW is ₹1,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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