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Mahindra Manulife Business Cycle Fund icon

Mahindra Manulife Business Cycle Fund

Thematic-Business CycleRank #13
5/5

NAV (2026-10-12)

₹14.57

AUM

₹1,290.6 Cr

Exp. Ratio: 2.44%

RISK LEVEL

Very High

Returns & Performance

1 Year-1.41%0.24% vs cat avgRank #10
3 Year13.03%1.45% vs cat avgRank #3
5 Year----
Since Launch12.97%1.23% vs cat avg

Fund vs Category Average

1Y
-1.41%+0.24%
3Y
13.03%+1.45%

Pros & Cons

Pros

✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔No lock-in period
✔Decent 1Y category rank (#10)
✔Outperforms category avg since launch

Cons

✖Higher expense ratio (2.44%)
✖Overall rank #13 in category
ISININF174V01BN1
NAV₹14.57
NAV Date2026-10-12
AUM₹1,290.6 Cr
Expense Ratio2.44%
RiskVery High
Rating5 / 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₹49.723.85
State Bank of IndiaFinancial₹48.073.69
ICICI Bank Ltd.Financial₹39.653.07
JSW Energy Ltd.Capital Goods₹39.283.04
Axis Bank Ltd.Financial₹34.942.71
Bandhan Bank Ltd.Financial₹32.542.52
Indusind Bank Ltd.Financial₹32.402.51
Adani Enterprises Ltd.Services₹31.942.47
Indus Towers Ltd.Communication₹29.862.31

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 ₹14.57 as of 2026-10-12.

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.