Mahindra Manulife Business Cycle Fund - Direct Plan - IDCW

Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High Riskvs NIFTY 500 TRIISIN INF174V01BR2

NAV · 06-Jul-2026

₹14.2221

+3.02%

-5.61%

1Y (CAGR)

-0.14%

3Y (CAGR)

—

5Y (CAGR)

—

Since inception (CAGR)

+13.12%

NAV history

hover for values

Risk & SIP analytics

Volatility (3y)

17.42%

Downside dev (3y)

16.60%

Max drawdown (3y)

-26.2%

Calendar-year returns

2024 +28.1%2025 +0.1%

Vs benchmark — Nifty 500

3y monthly · 34 months of overlap

Beta

1.07

Alpha (p.a.)

+1.75%

Up capture

119.6%

Down capture

109.0%

Correlation

0.91

Fund facts

Fund managerKrishna Sanghavi · Vishal Jajoo · Renjith Radhakrishnan

AUM₹13,047 Cr

Expense ratio0.48% · 2026-05-31

TER · AMFI officialDirect 0.91% · Regular 2.46% (2026-06-30)

Launch date21-Aug-2023

Plan typeOpen Ended · Equity

Min lumpsum₹1,000

Min SIP₹500

Lock-inNone

Volatility17.23

AMCMahindra Manulife Investment Management Pvt Ltd

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.

scheme documents ↗