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Mutual Funds

Mahindra Manulife Business Cycle Fund

Mahindra Manulife Business Cycle Fund icon

Mahindra Manulife Business Cycle Fund

Thematic-Business CycleRank #10
Not Rated

NAV (2026-08-28)

15.96

AUM

₹1,356.69 Cr

Exp. Ratio: 2.4%

RISK LEVEL

Very High

Returns & Performance

1 Year12.28%4.71% vs cat avgRank #2
3 Year----
5 Year----
Since Launch17.08%4.66% vs cat avg

Fund vs Category Average

1Y
12.28%+4.71%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
No lock-in period
Top-5 ranked in category for 1Y (#2)
Overall top-10 rank in category (#10)
Outperforms category avg since launch

Cons

3Y returns below category average
Higher expense ratio (2.4%)
ISININF174V01BN1
NAV₹15.96
NAV Date2026-08-28
AUM₹1,356.69 Cr
Expense Ratio2.4%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2016-02-04

INVESTMENT OBJECTIVE

The Scheme 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.

Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

Vishal Jajoo

Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)

Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd

Top Holdings

CompanySectorAsset Value (Cr)Asset %
Reliance Industries Ltd.Energy₹54.784.04
State Bank of IndiaFinancial₹48.073.69
JSW Energy Ltd.Capital Goods₹44.043.25
ICICI Bank Ltd.Financial₹43.063.17
Bajaj Auto Ltd.Automobile₹36.562.69
Indusind Bank Ltd.Financial₹36.392.68
Axis Bank Ltd.Financial₹35.042.58
Adani Enterprises Ltd.Services₹33.102.44
Indus Towers Ltd.Communication₹31.292.31

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Mahindra Manulife Business Cycle Fund is ₹15.96 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.