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Mahindra Manulife Business Cycle Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (20-Dec-24)
₹14.75-1.93%1D
Returns (Since Inception)
35.56%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,183 Cr
Expense Ratio
0.43%
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, 3 months and 9 days, having been launched on 13-Sep-23.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹14.75, Assets Under Management (AUM) of 1183.01 Crores, and an expense ratio of 0.43%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹14.75, Assets Under Management (AUM) of 1183.01 Crores, and an expense ratio of 0.43%.
- Mahindra Manulife Business Cycle Fund Direct Growth has given a CAGR return of 35.56% since inception.
- The fund's asset allocation comprises around 95.75% in equities, 0.00% in debts, and 4.25% 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
+35.07%
— (Cat Avg.)
Since Inception
+35.56%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,132.7 Cr | 95.75% |
| Others | ₹50.31 Cr | 4.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹83.52 Cr | 7.06% |
| State Bank of India | Equity | ₹51.18 Cr | 4.33% |
| Reliance Industries Ltd | Equity | ₹45.73 Cr | 3.87% |
| Infosys Ltd | Equity | ₹44.87 Cr | 3.79% |
| Triparty Repo | Cash - Repurchase Agreement | ₹37.54 Cr | 3.17% |
| Hindustan Unilever Ltd | Equity | ₹28.96 Cr | 2.45% |
| ITC Ltd | Equity | ₹28.61 Cr | 2.42% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹28.2 Cr | 2.38% |
| Divi's Laboratories Ltd | Equity | ₹27.72 Cr | 2.34% |
| IndusInd Bank Ltd | Equity | ₹26.39 Cr | 2.23% |
| Jio Financial Services Ltd | Equity | ₹24.63 Cr | 2.08% |
| Grasim Industries Ltd | Equity | ₹23.46 Cr | 1.98% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹22.8 Cr | 1.93% |
| NTPC Ltd | Equity | ₹22.67 Cr | 1.92% |
| Sarda Energy & Minerals Ltd | Equity | ₹21.1 Cr | 1.78% |
| Oil & Natural Gas Corp Ltd | Equity | ₹21.05 Cr | 1.78% |
| Tata Consultancy Services Ltd | Equity | ₹20.17 Cr | 1.71% |
| CESC Ltd | Equity | ₹20 Cr | 1.69% |
| Maruti Suzuki India Ltd | Equity | ₹19.93 Cr | 1.68% |
| Piramal Enterprises Ltd | Equity | ₹19.66 Cr | 1.66% |
| GAIL (India) Ltd | Equity | ₹19.05 Cr | 1.61% |
| Bharat Petroleum Corp Ltd | Equity | ₹17.67 Cr | 1.49% |
| Tech Mahindra Ltd | Equity | ₹17.33 Cr | 1.46% |
| Kirloskar Brothers Ltd | Equity | ₹17.16 Cr | 1.45% |
| Bandhan Bank Ltd | Equity | ₹16.91 Cr | 1.43% |
| Balrampur Chini Mills Ltd | Equity | ₹16.68 Cr | 1.41% |
| Punjab National Bank | Equity | ₹16.22 Cr | 1.37% |
| Bank of Baroda | Equity | ₹16.02 Cr | 1.35% |
| Steel Authority Of India Ltd | Equity | ₹15.8 Cr | 1.34% |
| National Aluminium Co Ltd | Equity | ₹15.74 Cr | 1.33% |
| Hindustan Petroleum Corp Ltd | Equity | ₹15.32 Cr | 1.30% |
| Wipro Ltd | Equity | ₹14.04 Cr | 1.19% |
| Emcure Pharmaceuticals Ltd | Equity | ₹13.65 Cr | 1.15% |
| Aditya Birla Real Estate Ltd | Equity | ₹13.64 Cr | 1.15% |
| Piramal Pharma Ltd | Equity | ₹13.45 Cr | 1.14% |
| Coromandel International Ltd | Equity | ₹13.42 Cr | 1.13% |
| Hindalco Industries Ltd | Equity | ₹13.26 Cr | 1.12% |
| Triveni Engineering & Industries Ltd | Equity | ₹13.17 Cr | 1.11% |
| Bata India Ltd | Equity | ₹12.98 Cr | 1.10% |
| Tata Steel Ltd | Equity | ₹12.89 Cr | 1.09% |
| Net Receivables / (Payables) | Cash | ₹12.77 Cr | 1.08% |
| S.P. Apparels Ltd | Equity | ₹12.72 Cr | 1.08% |
| Asahi India Glass Ltd | Equity | ₹12.65 Cr | 1.07% |
| LMW Ltd | Equity | ₹12.48 Cr | 1.06% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹12.22 Cr | 1.03% |
| Coal India Ltd | Equity | ₹11.79 Cr | 1.00% |
| Anant Raj Ltd | Equity | ₹11.79 Cr | 1.00% |
| Bharat Bijlee Ltd | Equity | ₹11.78 Cr | 1.00% |
| Carborundum Universal Ltd | Equity | ₹11.59 Cr | 0.98% |
| ISGEC Heavy Engineering Ltd | Equity | ₹11.38 Cr | 0.96% |
| VIP Industries Ltd | Equity | ₹11.33 Cr | 0.96% |
| NOCIL Ltd | Equity | ₹11.2 Cr | 0.95% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹10.42 Cr | 0.88% |
| Emami Ltd | Equity | ₹9.92 Cr | 0.84% |
| Power Finance Corp Ltd | Equity | ₹9.83 Cr | 0.83% |
| Gujarat State Petronet Ltd | Equity | ₹9.69 Cr | 0.82% |
| Technocraft Industries (India) Ltd | Equity | ₹9.42 Cr | 0.80% |
| Archean Chemical Industries Ltd | Equity | ₹9.4 Cr | 0.79% |
| Indraprastha Gas Ltd | Equity | ₹8.9 Cr | 0.75% |
| Kirloskar Ferrous Industries Ltd | Equity | ₹8.77 Cr | 0.74% |
| Aadhar Housing Finance Ltd | Equity | ₹8.72 Cr | 0.74% |
| RBL Bank Ltd | Equity | ₹8.48 Cr | 0.72% |
| D B Corp Ltd | Equity | ₹8.4 Cr | 0.71% |
| MOIL Ltd | Equity | ₹8.2 Cr | 0.69% |
| Sanghvi Movers Ltd | Equity | ₹6.59 Cr | 0.56% |
Allocation By Market Cap (Equity)
Large Cap Stocks
54.08%
Mid Cap Stocks
10.69%
Small Cap Stocks
29.82%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹281.55 Cr | 23.80% |
| Basic Materials | ₹158.11 Cr | 13.37% |
| Energy | ₹111.56 Cr | 9.43% |
| Consumer Defensive | ₹97.32 Cr | 8.23% |
| Technology | ₹96.41 Cr | 8.15% |
| Healthcare | ₹89.83 Cr | 7.59% |
| Industrials | ₹89.18 Cr | 7.54% |
| Utilities | ₹80.3 Cr | 6.79% |
| Consumer Cyclical | ₹80.03 Cr | 6.76% |
| Communication Services | ₹36.6 Cr | 3.09% |
| Real Estate | ₹11.79 Cr | 1.00% |
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 30th November 2024
ISIN INF174V01BQ4 | Expense Ratio 0.43% | Exit Load 1.00% | Fund Size ₹1,183 Cr | Age 1 year 3 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% | ₹216.72 Cr | 11.6% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹216.72 Cr | 11.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹543.31 Cr | 27.4% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹543.31 Cr | 25.4% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3115.35 Cr | 32.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3115.35 Cr | 30.6% |
| 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% | - | ₹400.36 Cr | 25.7% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.73 Cr | 23.7% |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹18,846 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 20-Dec-2024, is ₹14.75.
What is the portfolio composition of Mahindra Manulife Business Cycle Fund Direct Growth?
The fund's allocation of assets is distributed as 95.75% in equities, 0.00% in bonds, and 4.25% 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.