Mahindra Manulife Business Cycle Fund - Direct Plan - IDCW
Mahindra Manulife Mutual Fund · Sectoral/Thematic · Direct · IDCW
NAV · as of 11/09/2026
14.07
1D
-0.76%1Y
+0.78%Key stats
- Expense ratio
- 0.94%
- AUM
- ₹1.36 K Cr
- Launched
- 13/09/2023
- Fund manager
- Krishna Sanghavi; Vishal Jajoo; Renjith Radhakrishnan
- Portfolio turnover
- 0.93%
- Risk
- Very High Risk
- Min lump-sum
- ₹1,000
- Min SIP
- ₹500/mo
- Fresh lump-sum
- Accepted
- Fresh SIP
- Accepted
NAV history
Mahindra Manulife Business Cycle Fund - Direct Plan - IDCW
13/08/2026 to 11/09/2026
O - H - L -
Top holdings
72 disclosed- 1.4.04%
Reliance Industries Ltd
Energy
- 2.3.25%
JSW Energy Ltd
Utilities
- 3.3.17%
ICICI Bank Ltd
Financial Services
- 4.3.09%
Grasim Industries Ltd
Basic Materials
- 5.2.69%
Bajaj Auto Ltd
Consumer Cyclical
- 6.2.68%
IndusInd Bank Ltd
Financial Services
- 7.2.58%
Axis Bank Ltd
Financial Services
- 8.2.56%
Triparty Repo
- 9.2.44%
Adani Enterprises Ltd
Energy
- 10.2.31%
Indus Towers Ltd Ordinary Shares
Communication Services
- 11.2.27%
Tech Mahindra Ltd
Technology
- 12.2.19%
Infosys Ltd
Technology
- 13.2.16%
Bajaj Finance Ltd
Financial Services
- 14.2.13%
Adani Energy Solutions Ltd
Utilities
- 15.2.06%
The Federal Bank Ltd
Financial Services
- 16.2.06%
Ajanta Pharma Ltd
Healthcare
- 17.2.01%
Bandhan Bank Ltd
Financial Services
- 18.2.00%
IDFC First Bank Ltd
Financial Services
- 19.1.84%
Vodafone Idea Ltd
Communication Services
- 20.1.83%
Ramco Cements Ltd
Basic Materials
- 21.1.78%
Divi's Laboratories Ltd
Healthcare
- 22.1.74%
Shriram Finance Ltd
Financial Services
- 23.1.70%
REC Ltd
Financial Services
- 24.1.68%
Maruti Suzuki India Ltd
Consumer Cyclical
- 25.1.66%
ITC Ltd
Consumer Defensive
- 26.1.60%
NTPC Ltd
Utilities
- 27.1.59%
Ambuja Cements Ltd
Basic Materials
- 28.1.55%
Anthem Biosciences Ltd
Healthcare
- 29.1.49%
CESC Ltd
Utilities
- 30.1.48%
Kajaria Ceramics Ltd
Industrials
- 31.1.45%
Biocon Ltd
Healthcare
- 32.1.37%
Coal India Ltd
Energy
- 33.1.36%
Zydus Lifesciences Ltd
Healthcare
- 34.1.32%
Ceat Ltd
Consumer Cyclical
- 35.1.28%
GAIL (India) Ltd
Utilities
- 36.1.27%
Deepak Fertilisers & Petrochemicals Corp Ltd
Basic Materials
- 37.1.23%
Manappuram Finance Ltd
Financial Services
- 38.1.23%
Asahi India Glass Ltd
Consumer Cyclical
- 39.1.17%
Cochin Shipyard Ltd
Industrials
- 40.1.13%
NMDC Ltd
Basic Materials
- 41.1.10%
Kirloskar Brothers Ltd
Industrials
- 42.1.09%
LMW Ltd
Industrials
- 43.1.06%
Ujjivan Small Finance Bank Ltd Ordinary Shares
Financial Services
- 44.1.00%
Punjab National Bank
Financial Services
- 45.0.99%
Gokaldas Exports Ltd
Consumer Cyclical
- 46.0.98%
Carborundum Universal Ltd
Industrials
- 47.0.98%
Mphasis Ltd
Technology
- 48.0.97%
Supreme Petrochem Ltd
Basic Materials
- 49.0.97%
Sagility Ltd
Healthcare
- 50.0.93%
Glenmark Pharmaceuticals Ltd
Healthcare
- 51.0.93%
Aurobindo Pharma Ltd
Healthcare
- 52.0.93%
Dalmia Bharat Ltd
Basic Materials
- 53.0.88%
Mazagon Dock Shipbuilders Ltd
Industrials
- 54.0.84%
S.P. Apparels Ltd
Consumer Cyclical
- 55.0.84%
Sarda Energy & Minerals Ltd
Basic Materials
- 56.0.77%
K.P.R. Mill Ltd
Consumer Cyclical
- 57.0.77%
Vedanta Aluminium Metal Ltd
Basic Materials
- 58.0.74%
HCL Technologies Ltd
Technology
- 59.0.72%
Bank of Baroda
Financial Services
- 60.0.71%
NOCIL Ltd
Basic Materials
- 61.0.68%
Elecon Engineering Co Ltd
Industrials
- 62.0.68%
Technocraft Industries (India) Ltd
Industrials
- 63.0.62%
Tata Steel Ltd
Basic Materials
- 64.0.60%
Tega Industries Ltd
Industrials
- 65.0.58%
Garden Reach Shipbuilders & Engineers Ltd
Industrials
- 66.0.17%
Net Receivables / (Payables)
- 67.0.02%
Margin Placed With Ccil & Arcl
- 68.-
UltraTech Cement Ltd
- 69.-
Sun TV Network Ltd
- 70.-
Vedanta Power Ltd
- 71.-
Vedanta Iron and Steel Ltd
- 72.-
Vedanta Oil and Gas Ltd
Sector allocation
- Financial Services24.11%
- Basic Materials13.75%
- Healthcare11.03%
- Utilities9.74%
- Consumer Cyclical9.52%
- Industrials9.24%
- Energy7.85%
- Technology6.19%
- Communication Services4.15%
- Unclassified2.75%
- Consumer Defensive1.66%
Comparable peers
SBI Healthcare Opportunities IDCW Payout Direct Plan
SBI Healthcare Opportunities IDCW Payout (DP) · ₹5.40 K Cr AUM
1Y+22.46%3Y+24.66%-HDFC Transportation & Logistics IDCW Reinvest Direct Plan
HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM
1Y+9.29%3Y+25.53%-HDFC Transportation & Logistics IDCW Payout Direct Plan
HDFC Transportation & Logistics IDCW Payout (DP) · ₹1.96 K Cr AUM
1Y+9.29%3Y+25.53%-HDFC Transportation & Logistics IDCW Reinvest Direct Plan
HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM
1Y+9.29%3Y+25.53%-Mahindra Manulife Business Cycle IDCW Reinvest Direct Plan
Mahindra Manulife Business Cycle IDCW Reinvest (DR) · ₹1.36 K Cr AUM
1Y+8.63%3Y0.00%-
Investment 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 details
- Scheme code
- 152048
- Fund house
- Mahindra Manulife Mutual Fund
- Category
- Open Ended
- Type
- Equity Schemes
- Sub-category
- Sectoral/Thematic
- Plan
- Direct
- Return type
- IDCW
- ISIN (Growth)
- INF174V01BR2
- ISIN (Div. Reinvest)
- INF174V01BS0
- Tradable on exchange
- No