Q: What are the returns of Mahindra Manulife Business Cycle Fund?

The Mahindra Manulife Business Cycle Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 25.3% since inception. Mahindra Manulife Business Cycle Fund Returns 1-Year Since Inception 7.3% 25.3%

Question 1

What is the current NAV of Mahindra Manulife Business Cycle Fund?

Accepted Answer

The current Net Asset Value (NAV) of the Mahindra Manulife Business Cycle Fund - Direct Growth plan is approximately ₹14.826 as of Jun 05, 2025.

Question 2

What are the returns of Mahindra Manulife Business Cycle Fund?

Accepted Answer

The Mahindra Manulife Business Cycle Fund is a 1 yrs 9 m old fund and has delivered average annual returns of 25.3% since inception.

Mahindra Manulife Business Cycle Fund Returns

1-Year	Since Inception
7.3%	25.3%

Question 3

How much does Mahindra Manulife Business Cycle Fund charge as the expense ratio?

Accepted Answer

The Mahindra Manulife Business Cycle Fund - Direct Growth has an expense ratio of 0.46%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of Mahindra Manulife Business Cycle Fund?

Accepted Answer

The Mahindra Manulife Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,129 Crs crore as of Mar 31, 2025.

Question 5

What are the top stock holdings of Mahindra Manulife Business Cycle Fund?

Accepted Answer

The Mahindra Manulife Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Reliance Industries Ltd.	5.13%
HDFC Bank Ltd.	5.1%
State Bank of India	4.17%
Axis Bank Ltd.	3.17%
ITC Ltd.	2.9%
Indus Towers Ltd.	2.39%
Bajaj Finance Ltd.	2.38%
Tata Consultancy Services Ltd.	2.34%
Hindustan Unilever Ltd.	2.32%
Grasim Industries Ltd.	2.08%

Question 6

What are the top sectors Mahindra Manulife Business Cycle Fund has invested in?

Accepted Answer

The Mahindra Manulife Business Cycle Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Reliance Industries Ltd.	5.13%
HDFC Bank Ltd.	5.1%
State Bank of India	4.17%
Axis Bank Ltd.	3.17%
ITC Ltd.	2.9%
Indus Towers Ltd.	2.39%
Bajaj Finance Ltd.	2.38%
Tata Consultancy Services Ltd.	2.34%
Hindustan Unilever Ltd.	2.32%
Grasim Industries Ltd.	2.08%

Question 7

What is the risk level of Mahindra Manulife Business Cycle Fund?

Accepted Answer

This is a Strategy fund comes with Very High risk.

Question 8

Is there any lock-in period in Mahindra Manulife Business Cycle Fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Mahindra Manulife Business Cycle Fund?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mahindra Manulife Business Cycle Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mahindra Manulife Business Cycle Fund is complete.

Question 10

How can I redeem my investments in Mahindra Manulife Business Cycle Fund?

Accepted Answer

Redeeming your investments in Mahindra Manulife Business Cycle Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Business Cycle Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.46% as on May 31, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 3 months!
AUM (Fund size)	₹1,129 Crs
Lock-in	No Lockin
Age	1 yrs 9 m since Aug 21, 2023
Benchmark	NIFTY 500 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Period	This fund	Category average
1 Month	4.51%	4.88%
3 Months	11.22%	11.29%
6 Months	-4.46%	-2.92%
1 Year	7.3%	8.57%

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mahindra Manulife Business Cycle Fund	N.A.	₹1,129 Crs	1 yrs 9 m	0.46%
ICICI Prudential India Opportunities Fund	N.A.	₹27,197 Crs	6 yrs 5 m	0.63%
SBI Contra Fund	N.A.	₹44,069 Crs	12 yrs 5 m	0.62%
ICICI Prudential Value Discovery Fund	N.A.	₹51,112 Crs	12 yrs 5 m	0.99%
ICICI Prudential Dividend Yield Equity Fund	N.A.	₹5,231 Crs	11 yrs 1 m	0.58%
ICICI Prudential India Equity FOF	N.A.	₹168 Crs	5 yrs 4 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Business Cycle Fund	4.51%	-4.46%	7.3%	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	3.12%	2.13%	14.56%	27.6%	32.99%	14.27%
SBI Contra Fund	2.68%	-2.65%	6.83%	25.09%	34.48%	17.15%
ICICI Prudential Value Discovery Fund	2.66%	1.93%	13.95%	23.83%	28.82%	16.1%
ICICI Prudential Dividend Yield Equity Fund	2.13%	1.19%	10.97%	26.7%	32.59%	17.15%
ICICI Prudential India Equity FOF	3.03%	-0.4%	11.61%	23.28%	28.77%	12.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	12.33	0.8	1.52	3.0
SBI Contra Fund	12.89	0.86	1.32	2.19
ICICI Prudential Value Discovery Fund	12.0	0.77	1.32	2.3
ICICI Prudential Dividend Yield Equity Fund	13.04	0.84	1.42	2.3
ICICI Prudential India Equity FOF	12.58	0.84	1.22	2.02

Mahindra Manulife Business Cycle Fund Direct - Growth

Historical NAV & returns

Mahindra Manulife Business Cycle Fund overview

Mahindra Manulife Business Cycle Fund Returns calculator

Trailing returns as on Jun 01, 2025

Asset allocationas on Mar 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

Compare Mahindra Manulife Business Cycle Fund in detail with

About this fund

About Mahindra Manulife Business Cycle Fund

Fund managers

Investment objective

Mahindra Manulife Mutual Fund details

More funds from Mahindra Manulife Mutual Fund

Frequently asked questions

Mahindra Manulife Business Cycle Fund Returns

ET Money rank

Fund AUM	₹1,129 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	24 view all schemes
Total AUM	₹27,256 Crs as on Mar 31, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Mahindra Manulife Mid Cap Fund	N.A.	₹3,398 Crs	8.58%	31.99%
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	10.7%	29.48%
Mahindra Manulife Large & Mid Cap Fund	N.A.	₹2,415 Crs	6.1%	27.26%
Mahindra Manulife ELSS Tax Saver Fund	N.A.	₹895 Crs	8.17%	24.88%
Mahindra Manulife Focused Fund	N.A.	₹1,971 Crs	6.82%	N.A.
Mahindra Manulife Large Cap Fund	N.A.	₹611 Crs	9.42%	22.3%

Sector	Percentage of Portfolio
Financial	22.67%
Energy	13.3%
Consumer Staples	11.6%
Metals & Mining	9.129999999999999%
Healthcare	8.33%
Materials	5.8500000000000005%
Automobile	5.04%
Technology	4.74%
Capital Goods	3.75%
Communication	2.39%