Mahindra Manulife Business Cycle Fund - Direct Plan

Equity Sectoral Thematic Direct
Regular
Direct

3 Year Absolute Returns

36.90% ↑

NAV (₹) on 15 Sep 2026

13.77

1 Day NAV Change

-2.11%

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
3 Yrs
AUM
₹ 1,364.42 Cr.
Benchmark
NIfty 500 Total Return
Expense Ratio
0.91%
Scheme Type
Open Ended
Exit Load
1%

Returns Calculator

Investment amount per month
₹1,000
Over the past
Would have become
On total investment of
*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 1,364.42 Cr

Equity
96.79%
Money Market & Cash
1.67%
Derivatives & Other Instruments
0.02%
Other Assets & Liabilities
1.52%

Sector Holdings

Sectors Weightage
Finance - Banks - Private Sector 14.61%
Pharmaceuticals 10.36%
Cement 7.50%
Power - Generation/Distribution 5.84%
IT Consulting & Software 5.42%
Non-Banking Financial Company (NBFC) 4.18%
Refineries 3.92%
Aluminium 2.56%
Iron & Steel 2.54%
Ship - Docks/Breaking/Repairs 2.42%
Auto - 2 & 3 Wheelers 2.38%
Trading & Distributors 2.31%
Mining/Minerals 2.29%
Telecom Equipment 2.28%
Telecom Services 2.02%
Engineering - Heavy 1.94%
Power - Transmission/Equipment 1.83%
Textiles - Readymade Apparels 1.83%
Petrochemicals - Polymers 1.73%
Finance - Banks - Public Sector 1.70%
Treps/Reverse Repo 1.67%
Auto - Cars & Jeeps 1.59%
Ceramics/Tiles/Sanitaryware 1.53%
Net Receivables/(Payables) 1.52%
Finance - Term Lending Institutions 1.47%
Glass & Glass Products 1.33%
Abrasives And Grinding Wheels 1.30%
Tyres & Tubes 1.28%
Fertilisers 1.15%
Pumps 1.12%
IT Enabled Services 1.04%
Textiles - Spinning - Cotton Blended 0.86%
Steel - Sponge Iron 0.80%
Tea & Coffee 0.76%
Engineering - General 0.64%
Gas Transmission/Marketing 0.59%
Chemicals - Organic - Others 0.57%
Aerospace & Defense 0.56%
Sugar 0.33%
Packaging & Containers 0.21%
Derivatives 0.02%

Stock Holdings

Name Weightage Value (in Cr.) Sector
Reliance Industries Limited 3.92% ₹ 53.49 Refineries
Grasim Industries Limited 3.34% ₹ 45.51 Cement
ICICI Bank Limited 3.20% ₹ 43.62 Finance - Banks - Private Sector
JSW Energy Limited 3.03% ₹ 41.32 Power - Generation/Distribution
Axis Bank Limited 2.72% ₹ 37.05 Finance - Banks - Private Sector
IndusInd Bank Limited 2.68% ₹ 36.54 Finance - Banks - Private Sector
Bajaj Auto Limited 2.38% ₹ 32.43 Auto - 2 & 3 Wheelers
Adani Enterprises Limited 2.31% ₹ 31.45 Trading & Distributors
Indus Towers Limited 2.28% ₹ 31.10 Telecom Equipment
Tech Mahindra Limited 2.23% ₹ 30.40 IT Consulting & Software
Infosys Limited 2.18% ₹ 29.79 IT Consulting & Software
Divi's Laboratories Limited 2.08% ₹ 28.40 Pharmaceuticals
Vodafone Idea Limited 2.02% ₹ 27.52 Telecom Services
IDFC First Bank Limited 2.02% ₹ 27.51 Finance - Banks - Private Sector
Bandhan Bank Limited 1.88% ₹ 25.60 Finance - Banks - Private Sector
Adani Energy Solutions Limited 1.83% ₹ 24.95 Power - Transmission/Equipment
Ajanta Pharma Limited 1.76% ₹ 24.02 Pharmaceuticals
The Ramco Cements Limited 1.74% ₹ 23.75 Cement
Anthem Biosciences Limited 1.70% ₹ 23.22 Pharmaceuticals
Triparty Repo 1.67% ₹ 22.77 Others
Bajaj Finance Ltd 1.60% ₹ 21.84 Non-Banking Financial Company (NBFC)
Maruti Suzuki India Limited 1.59% ₹ 21.68 Auto - Cars & Jeeps
Glenmark Pharmaceuticals Limited 1.58% ₹ 21.51 Pharmaceuticals
Kajaria Ceramics Limited 1.53% ₹ 20.87 Ceramics/Tiles/Sanitaryware
Net Receivables / (Payables) 1.52% ₹ 21.36 Others
Cochin Shipyard Limited 1.51% ₹ 20.59 Ship - Docks/Breaking/Repairs
NTPC Limited 1.50% ₹ 20.41 Power - Generation/Distribution
Ambuja Cements Limited 1.47% ₹ 20.06 Cement
REC Limited 1.47% ₹ 20.04 Finance - Term Lending Institutions
Shriram Finance Limited 1.46% ₹ 19.98 Non-Banking Financial Company (NBFC)
Vedanta Aluminium Metal Limited 1.44% ₹ 19.58 Aluminium
Biocon Limited 1.40% ₹ 19.05 Pharmaceuticals
Zydus Lifesciences Limited 1.39% ₹ 19.01 Pharmaceuticals
Asahi India Glass Limited 1.33% ₹ 18.08 Glass & Glass Products
Coal India Limited 1.32% ₹ 18.05 Mining/Minerals
CESC Limited 1.31% ₹ 17.83 Power - Generation/Distribution
Carborundum Universal Limited 1.30% ₹ 17.77 Abrasives And Grinding Wheels
Steel Authority of India Limited 1.29% ₹ 17.55 Iron & Steel
LMW Limited 1.28% ₹ 17.43 Engineering - Heavy
CEAT Limited 1.28% ₹ 17.41 Tyres & Tubes
JSW Steel Limited 1.25% ₹ 17 Iron & Steel
Deepak Fertilizers and Petrochemicals Corporation Limited 1.15% ₹ 15.65 Fertilisers
Manappuram Finance Limited 1.12% ₹ 15.30 Non-Banking Financial Company (NBFC)
Hindalco Industries Limited 1.12% ₹ 15.23 Aluminium
Kirloskar Brothers Limited 1.12% ₹ 15.21 Pumps
The Federal Bank Limited 1.10% ₹ 14.98 Finance - Banks - Private Sector
Sagility Limited 1.04% ₹ 14.21 IT Enabled Services
MphasiS Limited 1.01% ₹ 13.84 IT Consulting & Software
Ujjivan Small Finance Bank Limited 1.01% ₹ 13.82 Finance - Banks - Private Sector
Punjab National Bank 1.00% ₹ 13.71 Finance - Banks - Public Sector
Supreme Petrochem Limited 0.99% ₹ 13.52 Petrochemicals - Polymers
NMDC Limited 0.97% ₹ 13.23 Mining/Minerals
Dalmia Bharat Limited 0.95% ₹ 12.99 Cement
Gokaldas Exports Limited 0.94% ₹ 12.82 Textiles - Readymade Apparels
Mazagon Dock Shipbuilders Limited 0.91% ₹ 12.40 Ship - Docks/Breaking/Repairs
S. P. Apparels Limited 0.89% ₹ 12.09 Textiles - Readymade Apparels
K.P.R. Mill Limited 0.86% ₹ 11.78 Textiles - Spinning - Cotton Blended
Sarda Energy and Minerals Limited 0.80% ₹ 10.98 Steel - Sponge Iron
Tata Consumer Products Limited 0.76% ₹ 10.38 Tea & Coffee
NOCIL Limited 0.74% ₹ 10.07 Petrochemicals - Polymers
Bank of Baroda 0.70% ₹ 9.54 Finance - Banks - Public Sector
Elecon Engineering Company Limited 0.66% ₹ 9.06 Engineering - Heavy
Tega Industries Limited 0.64% ₹ 8.75 Engineering - General
GAIL (India) Limited 0.59% ₹ 8.08 Gas Transmission/Marketing
Foseco India Limited 0.57% ₹ 7.73 Chemicals - Organic - Others
Garden Reach Shipbuilders & Engineers Limited 0.56% ₹ 7.70 Aerospace & Defense
Aurobindo Pharma Limited 0.45% ₹ 6.20 Pharmaceuticals
Triveni Engineering & Industries Limited 0.33% ₹ 4.53 Sugar
Garware Hi-Tech Films Limited 0.21% ₹ 2.80 Packaging & Containers
Margin placed with CCIL & ARCL 0.02% ₹ 0.25 Others

Returns

Annualised returns
9M 1Y 2Y 3Y
Fund returns -6.00% -1.96% -7.34% 11.04%
Category returns 3.34% 3.85% 2.63% 19.22%

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

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Nippon India Taiwan Equity fund - Direct Plan
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109.75% 272.68% 0.00% ₹1,128 2.40%
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HDFC Defence Fund - Direct Plan
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HDFC Defence Fund - Direct Plan
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Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
Mahindra Manulife Small Cap Fund - Direct Plan
Diversified Direct
15.30% 71.42% 0.00% ₹5,468 0.96%
Very High
Mahindra Manulife Small Cap Fund - Direct Plan
Diversified Direct
10.76% 64.66% 0.00% ₹5,468 0.96%
Very High
Mahindra Manulife Small Cap Fund - Direct Plan
Diversified Direct
10.76% 64.66% 0.00% ₹5,468 0.96%
Very High
Mahindra Manulife Small Cap Fund
Diversified Regular
13.74% 63.98% 0.00% ₹5,468 2.24%
Very High
Mahindra Manulife Business Cycle Fund - Direct Plan
Sector Direct
5.43% 59.39% 0.00% ₹1,364 0.91%
Very High
Mahindra Manulife Mid Cap Fund - Direct Plan
Diversified Direct
7.25% 59.16% 119.90% ₹5,406 0.75%
Very High
Mahindra Manulife Multi Cap Fund - Direct Plan
Diversified Direct
11.60% 58.50% 106.94% ₹7,662 0.95%
Very High
Mahindra Manulife Small Cap Fund
Diversified Regular
9.02% 57.18% 0.00% ₹5,468 2.24%
Very High
Mahindra Manulife Small Cap Fund
Diversified Regular
9.02% 57.18% 0.00% ₹5,468 2.24%
Very High
Mahindra Manulife Mid Cap Fund
Diversified Regular
5.81% 52.52% 103.82% ₹5,406 2.02%
Very High

FAQs

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

The current Net Asset Value (NAV) of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW-Reinvestment is ₹13.77 as of 15 Sep 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-Reinvestment?

The Assets Under Management (AUM) of Mahindra Manulife Business Cycle Fund - Direct Plan IDCW-Reinvestment is ₹1,364.42 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-Reinvestment?

Mahindra Manulife Business Cycle Fund - Direct Plan IDCW-Reinvestment has delivered returns of -1.96% (1 Year), 11.04% (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-Reinvestment?

Mahindra Manulife Business Cycle Fund - Direct Plan IDCW-Reinvestment 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-Reinvestment?

The minimum lumpsum investment required for Mahindra Manulife Business Cycle Fund - Direct Plan IDCW-Reinvestment 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.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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