
Mahindra Manulife Business Cycle Fund Direct - Growth
Mahindra Manulife Business Cycle Fund Direct - Growth
as on 17 Jul 2026
Mahindra Manulife Business Cycle Fund Direct - Growth is a Equity mutual fund scheme launched on 13 Sep 2023. Investors can begin their investment journey with a minimum SIP of ₹500 or a lumpsum investment of ₹1,000. The fund manages total assets worth ₹1,336.74 crores, and the current NAV stands at ₹16.5296 as of 17 Jul 2026. The fund has delivered absolute returns of 6.75% in the past 1 year. The expense ratio of the fund is 0.48%.
NAV ₹ 16.5296 (+0.32%)
NAV
NIFTY50
NAV
NIFTY50
NAV ₹ 16.5296 (+0.32%)
CompareReturns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 6.22 L
6.75%
Total Investment
₹ 6,00,000
Returns
₹ 22,396 (6.75%)
Maturity Value
₹ 6,22,396
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
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Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,336.74 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,336.74 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 1,336.74
Expense Ratio
0.48%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
13 Sep 2023
Fund Age
2 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 3 months
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Krishna Sanghavi | B.Com., ICWAI, MMS from NMIMS, CFA. |
| Vishal Jajoo | C.A., PGDM (Finance), MBA (Investments) |
| Renjith Sivaram | MBA (Finance) &, B-Tech (Mechanical Engineering) |
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 dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the objective of the Scheme will be realized.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Mahindra Manulife Mutual Fund
No. of Schemes
26
Total AUM
₹ 36,254.48 Cr
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Open NFOs
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FAQs
When was Mahindra Manulife Business Cycle Fund launched?
What is the current NAV of Mahindra Manulife Business Cycle Fund?
What is the AUM of Mahindra Manulife Business Cycle Fund?
What is the rate of return of Mahindra Manulife Business Cycle Fund?
- In the past 1Y: 6.75%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Mahindra Manulife Business Cycle Fund?
What is exit load of Mahindra Manulife Business Cycle Fund?
What is the portfolio of Mahindra Manulife Business Cycle Fund?
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Mahindra Manulife Business Cycle Fund?
Who is the fund manager Mahindra Manulife Business Cycle Fund?
What is the minimum investment required in Mahindra Manulife Business Cycle Fund?
How to invest in Mahindra Manulife Business Cycle Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



