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Sectoral / Thematicregulargrowth📊 NIFTY 500 TRI(SEBI default)

Mahindra Manulife Business Cycle Fund- Regular Plan - Growth

Mahindra Manulife Mutual Fund

#89 of 213 (1Y)

₹15.3233

0.18 (-1.17%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹15.3233

0.18 (-1.17%)

29 May 2026

AMFI: 152046

Direct · Growth

₹₹16.0486

0.19 (-1.16%)

29 May 2026

AMFI: 152045

Regular · IDCW

₹₹13.0862

0.16 (-1.17%)

29 May 2026

AMFI: 152047

Direct · IDCW

₹₹13.7837

0.16 (-1.16%)

29 May 2026

AMFI: 152048

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-2.02%
1 Month-1.07%
3 Months-2.65%
6 Months-1.81%
1 Year+4.40%
3 Years (CAGR)
5 Years (CAGR)
10 Years (CAGR)
Since Inception (Aug 2023)+16.20%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+4.53%
3 Year SIP
5 Year SIP
Since Inception (Aug 2023)+8.14%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹16,000

Invested

₹17,930

Value today

8.5%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,532

Value today

17.0%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹7,90,046

Value today

-14.1%

vs lumpsum

Direct lumpsum would have beaten STP by 14.1% — but STP reduced timing risk

Model your own STP with real NAV

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹17,930

Benchmark

₹16,961

+₹969 extra wealth vs the benchmark index

Backtest this SIP yourself

Direct vs Regular — ₹500/month over 2 years

Expense ratio drag on your actual returns

Direct plan

₹13,390

Regular plan

₹13,158

Direct earns ₹232 more on a ₹12K investment0.97% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseMahindra Manulife Mutual Fund
CategorySectoral / Thematic
Plan Typeregular
Optiongrowth
AUM₹1,279 Cr
Expense Ratio2.11%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY 500 TRI ✓
Launch Date21 Aug 2023
AMFI Code152046

Risk Metrics

Trailing 1 year, annualised

-0.18

Sharpe Ratio

+0.00

Alpha

0.46

Beta

-0.17

Sortino

15.13%

Std Dev

-17.35%

Max Drawdown

Portfolio Holdings

Holdings data not yet available for this fund.

Performance Comparison

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Investment Objective

Mahindra Manulife Business Cycle Fund- Regular Plan - Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Mahindra Manulife Business Cycle Fund- Regular Plan - Growth is a Sectoral / Thematic mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹1,279 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.11%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations