Mahindra Manulife Business Cycle Fund Growth

Mahindra Manulife Business Cycle Fund Growth

Equity
Thematic
Very High Risk
1M
6M
1Y
All
NAV: 27 Feb '26
₹15.37
Min. for SIP
Not Supported
Fund size
₹1,289.75 Cr
Expense ratio
2.11%

Holdings (62)

NameSectorInstrumentsAssets
State Bank of IndiaFinancialEquity4.80%
Indus Towers Ltd.CommunicationEquity4.33%
Reliance Industries Ltd.EnergyEquity4.26%
Infosys Ltd.TechnologyEquity4.23%
Bajaj Auto Ltd.AutomobileEquity3.50%
Grasim Industries Ltd.ConstructionEquity2.95%
Tech Mahindra Ltd.TechnologyEquity2.52%
Indusind Bank Ltd.FinancialEquity2.50%
The Ramco Cements Ltd.ConstructionEquity2.35%
JSW Energy Ltd.Capital GoodsEquity2.28%
Bajaj Finance Ltd.FinancialEquity2.21%
Hindustan Unilever Ltd.Consumer StaplesEquity2.13%
Divi's Laboratories Ltd.HealthcareEquity2.09%
ITC Ltd.Consumer StaplesEquity2.00%
Tata Steel Ltd.Metals & MiningEquity1.93%
Coal India Ltd.EnergyEquity1.88%
Wipro Ltd.TechnologyEquity1.84%
Piramal Finance Ltd.FinancialEquity1.81%
Asahi India Glass Ltd.ConstructionEquity1.75%
The Federal Bank Ltd.FinancialEquity1.74%
NTPC Ltd.EnergyEquity1.72%
IDFC First Bank Ltd.FinancialEquity1.62%
Bank Of BarodaFinancialEquity1.62%
Punjab National BankFinancialEquity1.57%
Power Finance Corporation Ltd.FinancialEquity1.54%
Ceat Ltd.AutomobileEquity1.52%
Ultratech Cement Ltd.ConstructionEquity1.48%
Vodafone Idea Ltd.CommunicationEquity1.47%
Aurobindo Pharma Ltd.HealthcareEquity1.36%
CESC Ltd.EnergyEquity1.34%
Biocon Ltd.HealthcareEquity1.32%
ABB India Ltd.Capital GoodsEquity1.30%
Bandhan Bank Ltd.FinancialEquity1.28%
Axis Bank Ltd.FinancialEquity1.28%
Kajaria Ceramics Ltd.ConstructionEquity1.25%
GAIL (India) Ltd.EnergyEquity1.24%
Shriram Finance LtdFinancialEquity1.19%
Sagility Ltd.ServicesEquity1.17%
Tata Consultancy Services Ltd.TechnologyEquity1.16%
Union Bank of IndiaFinancialEquity1.12%
Glaxosmithkline Pharmaceuticals Ltd.HealthcareEquity1.10%
LMW Ltd.Capital GoodsEquity1.06%
Hero Motocorp Ltd.AutomobileEquity1.03%
Glenmark Pharmaceuticals Ltd.HealthcareEquity1.02%
NMDC Ltd.Metals & MiningEquity1.01%
Manappuram Finance Ltd.FinancialEquity0.99%
Ambuja Cements Ltd.ConstructionEquity0.99%
Oil And Natural Gas Corporation Ltd.EnergyEquity0.99%
Kirloskar Brothers Ltd.Capital GoodsEquity0.97%
Whirlpool Of India Ltd.Consumer DiscretionaryEquity0.90%
AWL Agri Business Ltd.Consumer StaplesEquity0.84%
Devyani International Ltd.ServicesEquity0.81%
Supreme Petrochem Ltd.ChemicalsEquity0.80%
Dalmia Bharat Ltd.ConstructionEquity0.80%
Belrise Industries Ltd.AutomobileEquity0.79%
S.P. Apparels Ltd.TextilesEquity0.75%
Tega Industries Ltd.Metals & MiningEquity0.73%
Gokaldas Exports Ltd.TextilesEquity0.70%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.68%
Anthem Biosciences Ltd.HealthcareEquity0.63%
Technocraft Industries (India) Ltd.Metals & MiningEquity0.57%
Kwality Wall's (India) Ltd.Consumer StaplesEquity0.04%
See All

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name3M6M1YAll
Fund returns+1.3%+6.6%+17.3%+55.4%
Category average (Equity Thematic)-----0.6%--
Rank (Equity Thematic)211--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 3 months

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

KS
Krishna Sanghavi
Aug 2023 - Present
View details

Education
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
Experience
Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..

VJ
Vishal Jajoo
May 2025 - Present
View details

Education
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
Experience
Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd

RSR
Renjith Sivaram Radhakrishnan
Aug 2023 - Present
View details

Education
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd

About Mahindra Manulife Business Cycle Fund Growth

Mahindra Manulife Business Cycle Fund Growth is a Equity Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Krishna Sanghavi is the Current Fund Manager of Mahindra Manulife Business Cycle Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹33,207 Cr and the Latest NAV as of 27 Feb 2026 is ₹15.37. The Mahindra Manulife Business Cycle Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Exit load of 1%, if redeemed within 3 months ;

Investment Objective

The Scheme 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.;
Fund benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)NA
Total AUM₹33,207.49 Cr
Date of Incorporation04 Feb 2016
Phone022-66327900
E-mailNA
Launch Date04 Feb 2016
Address1st Floor -Sadhana House,570 - P.B. Marg, Worli, Mumbai 400018
CustodianDeutsche Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,