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OmniAsset › Mutual funds › Mahindra Manulife Business Cycle Fund

Mahindra Manulife Business Cycle Fund

Sectoral / Thematic fund benchmarked to NIFTY 500 TRI (First Tier Benchmark). Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202616.5744
CategorySectoral / Thematic
PlanDirect · Growth
Launched21 Aug 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1NIFTY 500 TRI (First Tier Benchmark)
Expense ratiodirect plan, a year · stated maximum, from the scheme document0.42%
AUM₹50.9 Cr
Growth of ₹10,000₹16,54013 Sep 2023 to 2 Sep 2026
₹16,802₹15,022₹13,242₹11,462₹9,683Sep 2023Jun 2024Mar 2025Dec 2025Sep 2026
₹16,540 (+18.5% a year) Mahindra Manulife Business Cycle Fund

Performance (trailing, annualised)

1Y annualised11.26%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,26,0589.45%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202428.11%
Calendar 20258.38%

Rolling returns

Rolling 1Y · average102 windows since 13 Sep 202413.63%
Rolling 1Y · median8.48%
Rolling 1Y · worst window-8.63%
Rolling 1Y · best window64.16%
Rolling 1Y · windows positive85%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)15.78%
Downside deviation (3Y)11.75%
Maximum drawdown-21.44%

Management

Fund managerFund Manager 1 - Mr. Krishna Sanghavi, Fund Manager 2 - Mr. Renjith Sivaram, Fund Manager 3 - Mr. Pranav Patel*, *Dedicated Fund Manager for Overseas Investments
Managing since2 Sep 2026

What it holds

SecurityWeight
Reliance Industries Ltd4.0%
JSW Energy Ltd3.2%
ICICI Bank Ltd3.2%
Grasim Industries Ltd3.1%
Bajaj Auto Ltd2.7%
Indusind Bank Ltd2.7%
Axis Bank Ltd2.6%
Adani Enterprises Ltd2.4%
Indus Towers Ltd2.3%
Tech Mahindra Ltd2.3%
SectorWeight
Financial24.1%
Materials18.5%
Energy & Utilities13.8%
Technology10.3%
Healthcare10.1%

Portfolio disclosed: 97.2% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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