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Mahindra Manulife Business Cycle Fund
Thematic-Business CycleRank #11
Not Rated
NAV (2026-09-11)
₹15.57
AUM
₹1,364.42 Cr
Exp. Ratio: 2.41%
RISK LEVEL
Very High
Returns & Performance
1 Year6.69%3.22% vs cat avgRank #2
3 Year----
5 Year----
Since Launch15.89%3.65% vs cat avg
Fund vs Category Average
1Y
6.69%+3.22%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔No lock-in period
✔Top-5 ranked in category for 1Y (#2)
✔Outperforms category avg since launch
Cons
✖3Y returns below category average
✖Higher expense ratio (2.41%)
✖Overall rank #11 in category
ISININF174V01BN1
NAV₹15.57
NAV Date2026-09-11
AUM₹1,364.42 Cr
Expense Ratio2.41%
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
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mahindra Manulife Business Cycle Fund is ₹15.57 as of 2026-09-11.
Mahindra Manulife Business Cycle Fund is classified as a Thematic-Business Cycle fund.
Mahindra Manulife Business Cycle Fund is managed by Mahindra Manulife Mutual Fund.
The Assets Under Management (AUM) of Mahindra Manulife Business Cycle Fund is ₹1,364.42 Cr.
The expense ratio of Mahindra Manulife Business Cycle Fund is 2.41%.
Mahindra Manulife Business Cycle Fund is managed by Vishal Jajoo.
The minimum SIP investment for Mahindra Manulife Business Cycle Fund is ₹500.
The exit load for Mahindra Manulife Business Cycle Fund is 1%.
As per the SEBI Riskometer, Mahindra Manulife Business Cycle Fund carries a Very High risk level.
Mahindra Manulife Business Cycle Fund has delivered 6.69% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-09-11.
Mahindra Manulife Business Cycle Fund was launched on 2016-02-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
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.