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Mahindra Manulife Business Cycle Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Nov-24)
₹14.42-0.69%1D
Returns (Since Inception)
35.72%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,165 Cr
Expense Ratio
0.42%
ISIN
INF174V01BQ4
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
13 Sep 2023
About this fund
Mahindra Manulife Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 1 years, 2 months and 9 days, having been launched on 13-Sep-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹14.42, Assets Under Management (AUM) of 1165.00 Crores, and an expense ratio of 0.42%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹14.42, Assets Under Management (AUM) of 1165.00 Crores, and an expense ratio of 0.42%.
- Mahindra Manulife Business Cycle Fund Direct Growth has given a CAGR return of 35.72% since inception.
- The fund's asset allocation comprises around 94.82% in equities, 0.00% in debts, and 5.18% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Business Cycle Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+40.26%
— (Cat Avg.)
Since Inception
+35.72%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹1,104.62 Cr | 94.82% |
| Others | ₹60.38 Cr | 5.18% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹80.71 Cr | 6.93% |
| Triparty Repo | Cash - Repurchase Agreement | ₹52.7 Cr | 4.52% |
| Reliance Industries Ltd | Equity | ₹47.14 Cr | 4.05% |
| State Bank of India | Equity | ₹43.47 Cr | 3.73% |
| Infosys Ltd | Equity | ₹42.44 Cr | 3.64% |
| ITC Ltd | Equity | ₹29.33 Cr | 2.52% |
| Hindustan Unilever Ltd | Equity | ₹29.33 Cr | 2.52% |
| IndusInd Bank Ltd | Equity | ₹27.97 Cr | 2.40% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹27.49 Cr | 2.36% |
| Divi's Laboratories Ltd | Equity | ₹26.44 Cr | 2.27% |
| NTPC Ltd | Equity | ₹25.44 Cr | 2.18% |
| Grasim Industries Ltd | Equity | ₹24.26 Cr | 2.08% |
| Jio Financial Services Ltd | Equity | ₹24.17 Cr | 2.07% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹23.67 Cr | 2.03% |
| Oil & Natural Gas Corp Ltd | Equity | ₹21.82 Cr | 1.87% |
| Sarda Energy & Minerals Ltd | Equity | ₹21.44 Cr | 1.84% |
| Maruti Suzuki India Ltd | Equity | ₹19.94 Cr | 1.71% |
| GAIL (India) Ltd | Equity | ₹19.1 Cr | 1.64% |
| Bharat Petroleum Corp Ltd | Equity | ₹18.8 Cr | 1.61% |
| Tata Consultancy Services Ltd | Equity | ₹18.74 Cr | 1.61% |
| Bandhan Bank Ltd | Equity | ₹18.22 Cr | 1.56% |
| CESC Ltd | Equity | ₹17.97 Cr | 1.54% |
| Balrampur Chini Mills Ltd | Equity | ₹17.89 Cr | 1.54% |
| Piramal Enterprises Ltd | Equity | ₹17.61 Cr | 1.51% |
| Tech Mahindra Ltd | Equity | ₹16.28 Cr | 1.40% |
| Hindustan Petroleum Corp Ltd | Equity | ₹15.24 Cr | 1.31% |
| Punjab National Bank | Equity | ₹15.14 Cr | 1.30% |
| Steel Authority Of India Ltd | Equity | ₹15.04 Cr | 1.29% |
| Kirloskar Brothers Ltd | Equity | ₹14.54 Cr | 1.25% |
| Emcure Pharmaceuticals Ltd | Equity | ₹14.39 Cr | 1.24% |
| Bharat Bijlee Ltd | Equity | ₹14.1 Cr | 1.21% |
| Asahi India Glass Ltd | Equity | ₹13.86 Cr | 1.19% |
| Hindalco Industries Ltd | Equity | ₹13.86 Cr | 1.19% |
| Triveni Engineering & Industries Ltd | Equity | ₹13.69 Cr | 1.17% |
| Aditya Birla Real Estate Ltd | Equity | ₹13.59 Cr | 1.17% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹13.56 Cr | 1.16% |
| Piramal Pharma Ltd | Equity | ₹13.44 Cr | 1.15% |
| Wipro Ltd | Equity | ₹13.41 Cr | 1.15% |
| Tata Steel Ltd | Equity | ₹13.25 Cr | 1.14% |
| S.P. Apparels Ltd | Equity | ₹13.05 Cr | 1.12% |
| Anant Raj Ltd | Equity | ₹12.96 Cr | 1.11% |
| Coal India Ltd | Equity | ₹12.8 Cr | 1.10% |
| LMW Ltd | Equity | ₹12.78 Cr | 1.10% |
| Aadhar Housing Finance Ltd | Equity | ₹12.66 Cr | 1.09% |
| Coromandel International Ltd | Equity | ₹12.51 Cr | 1.07% |
| NOCIL Ltd | Equity | ₹12.24 Cr | 1.05% |
| Indraprastha Gas Ltd | Equity | ₹11.43 Cr | 0.98% |
| Bata India Ltd | Equity | ₹11.12 Cr | 0.95% |
| Technocraft Industries (India) Ltd | Equity | ₹11.01 Cr | 0.95% |
| Carborundum Universal Ltd | Equity | ₹10.96 Cr | 0.94% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹10.88 Cr | 0.93% |
| ISGEC Heavy Engineering Ltd | Equity | ₹10.69 Cr | 0.92% |
| Gujarat State Petronet Ltd | Equity | ₹10.64 Cr | 0.91% |
| VIP Industries Ltd | Equity | ₹10.51 Cr | 0.90% |
| Emami Ltd | Equity | ₹10.2 Cr | 0.88% |
| RBL Bank Ltd | Equity | ₹9.29 Cr | 0.80% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹9.16 Cr | 0.79% |
| Power Finance Corp Ltd | Equity | ₹9.03 Cr | 0.77% |
| D B Corp Ltd | Equity | ₹8.73 Cr | 0.75% |
| MOIL Ltd | Equity | ₹8.56 Cr | 0.74% |
| Archean Chemical Industries Ltd | Equity | ₹8.53 Cr | 0.73% |
| Sanghvi Movers Ltd | Equity | ₹8.09 Cr | 0.69% |
| Net Receivables / (Payables) | Cash | ₹7.69 Cr | 0.66% |
Allocation By Market Cap (Equity)
Large Cap Stocks
52.92%
Mid Cap Stocks
9.74%
Small Cap Stocks
30.92%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹258.27 Cr | 22.17% |
| Basic Materials | ₹143.28 Cr | 12.30% |
| Energy | ₹115.8 Cr | 9.94% |
| Consumer Defensive | ₹100.44 Cr | 8.62% |
| Healthcare | ₹91.5 Cr | 7.85% |
| Industrials | ₹91.34 Cr | 7.84% |
| Technology | ₹90.87 Cr | 7.80% |
| Utilities | ₹84.58 Cr | 7.26% |
| Consumer Cyclical | ₹79.35 Cr | 6.81% |
| Communication Services | ₹36.23 Cr | 3.11% |
| Real Estate | ₹12.96 Cr | 1.11% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Krishna Sanghavi
Since September 2023
RR
Renjith Radhakrishnan
Since September 2023
PP
Pranav Patel
Since January 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF174V01BQ4 | Expense Ratio 0.42% | Exit Load 1.00% | Fund Size ₹1,165 Cr | Age 1 year 2 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TRI |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹219.26 Cr | 16.2% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹219.26 Cr | 15.8% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹541.38 Cr | 31.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹541.38 Cr | 29.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2975.33 Cr | 37.4% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2975.33 Cr | 35.8% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹342.57 Cr | 34.8% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.40 Cr | 23.8% |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹19,568 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Business Cycle Fund Direct Growth?
The NAV of Mahindra Manulife Business Cycle Fund Direct Growth, as of 21-Nov-2024, is ₹14.42.
What is the portfolio composition of Mahindra Manulife Business Cycle Fund Direct Growth?
The fund's allocation of assets is distributed as 94.82% in equities, 0.00% in bonds, and 5.18% in cash and cash equivalents.
Who manages the Mahindra Manulife Business Cycle Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Business Cycle Fund Direct Growth are:-
- Krishna Sanghavi
- Renjith Radhakrishnan
- Pranav Patel
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.