Mahindra Manulife Business Cycle Fund Regular - ID...
NAV as of Aug 30, 2024
15.700.55%
(Earn upto 1.76% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
2.12%(1.49% Category
average)Fund Size:
Rs. 1,094.53 Cr(0.62% of Investment in Category)
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Mahindra Manulife Business Cycle Fund Regular - IDCW
NAV as of Aug 30, 2024
15.700.55%
Expense Ratio:
2.12%
Fund Size:
Rs. 1,094.53 Cr
Fund Category:
Equity: Thematic
1. Current NAV: The Current Net Asset Value of the Mahindra Manulife Business Cycle Fund - Regular Plan as of Aug 30, 2024 is Rs 15.70 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 56.14% (since launch). Whereas, Category returns for the same time duration are: 48.27% (1yr), 21.79% (3yr) and 24.35% (5yr).
3. Fund Size: The Mahindra Manulife Business Cycle Fund - Regular Plan currently holds Assets under Management worth of Rs 1094.53 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 2.13% for Regular plan as on Aug 13, 2024.
5. Exit Load: Mahindra Manulife Business Cycle Fund - Regular Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 3 months"
6. Minimum Investment: Minimum investment required is Rs 1000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Mahindra Manulife Business Cycle Fund Regular - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.60 15.23 25.96 - - - Category Avg 0.58 13.25 22.39 47.81 21.05 24.51 Rank within Category 58 29 17 - - - No. of funds within Category 105 91 78 67 31 19 - Loading...
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Return Comparison
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Mahindra Manulife Business Cycle Fund Regular - IDCW Fund Details
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 House | Mahindra Manulife Mutual Fund |
Launch Date | Sep 11, 2023 |
Benchmark | NIFTY 500 Total Return Index |
Return Since Launch | 56.99% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Mahindra Manulife Business Cycle Fund Regular - IDCW Investment Details
Minimum Investment (Rs.) | 1,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 1%, if redeemed within 3 months |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 63 | 61 | 60 | 61 | 57 | 58 |
Top 5 Company Holdings | 17.31% | 18.2% | 18.29% | 18.39% | 19.79% | 19.24% |
Top 10 Company Holdings | 29.9% | 31.3% | 29.76% | 29.04% | 30.96% | 30.24% |
Company with Highest Exposure | Infosys (4.48%) | Reliance Industries (4.31%) | Reliance Industries (4.37%) | State Bank of India (4.35%) | Reliance Industries (5.98%) | Reliance Industries (6.15%) |
Number of Sectors | 15 | 15 | 15 | 15 | 14 | 15 |
Top 3 Sector Holdings | 40.26% | 42.16% | 42.69% | 46.91% | 48.99% | 46.97% |
Top 5 Sector Holdings | 62.52% | 62.61% | 60.99% | 64.52% | 66.38% | 64.0% |
Sector with Highest Exposure | Energy (16.75%) | Financial (17.66%) | Financial (17.88%) | Financial (20.16%) | Financial (23.05%) | Financial (21.64%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 4.48 30.28 64.20 36.38 Reliance Industries Energy 3.68 29.72 101.60 25.68 Indus Towers Communication 3.33 18.68 24.54 155.24 State Bank of India Financial 2.95 10.55 77.28 41.69 Hindustan Unilever Consumer Staples 2.87 63.17 43.98 10.26 HDFC Bank Financial 2.73 18.27 89.60 3.03 ITC Consumer Staples 2.72 30.65 16.38 14.77 ONGC Energy 2.5 9.43 35.08 87.59 Divi's Laboratories Healthcare 2.36 80.78 63.06 37.06 Grasim Industries Materials 2.28 34.95 77.23 48.53
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mahindra Manulife Business Cycle Fund Regular - IDCW 15.70 Unrated 1,094.53 0.60 - - - Union Business Cycle Fund Regular - IDCW 11.81 Unrated 534.46 2.34 - - - Sundaram Services Fund Regular-IDCW 24.38 Unrated 3,736.14 3.94 34.06 18.29 24.87 Motilal Oswal Manufacturing Fund Regular-IDCW 10.38 Unrated 0.00 - - - - Edelwei Nifty 100 Quality 30 Index Fund Regular - IDCW 15.40 Unrated 47.42 1.89 41.64 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- K.S.Krishna SanghaviSince Aug 20231 schemes
- R.S.Renjith Sivaram RadhakrishnanSince Aug 20233 schemes
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI. 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..
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mahindra Manulife Focused Fund Regular-IDCW Flexi Cap 21.30 1,690.84 53.88 Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering 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
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mahindra Manulife Equity Savings Fund Regular-IDCW Equity Savings 14.29 525.49 16.96 Mahindra Manulife Manufacturing Fund Regular - IDCW Thematic 10.24 Unrated 896.28 - Mahindra Manulife Multi Asset Allocation Fund Regular - IDCW Multi Asset Allocation 11.27 Unrated 482.97 -
More Mahindra Manulife Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Mahindra Manulife Small Cap Fund Regular - Growth | 3,526.63 | -3.01 | 7.65 | 17.91 | 61.19 | - | |
Mahindra Manulife Multi Cap Fund Regular - Growth | 3,037.12 | -0.58 | 11.26 | 17.07 | 49.75 | 24.31 | |
Mahindra Manulife Mid Cap Fund Regular - Growth | 2,152.78 | 0.88 | 11.23 | 18.49 | 56.64 | 26.36 | |
Mahindra Manulife Large & Mid Cap Fund Regular - Growth | 1,927.60 | 1.07 | 12.16 | 19.60 | 50.99 | 22.99 | |
Mahindra Manulife Liquid Fund Regular -Growth | 1,229.00 | 0.59 | 1.82 | 3.57 | 7.23 | 5.35 | |
Mahindra Manulife Flexi Cap Fund Regular - Growth | 1,218.54 | 0.38 | 7.43 | 12.10 | 37.81 | - | |
Mahindra Manulife Focused Fund Regular - Growth | 1,178.81 | 2.60 | 14.89 | 22.61 | 47.25 | 23.75 | |
Mahindra Manulife Aggressive Hybrid Fund Regular - Growth | 1,033.50 | 2.68 | 8.46 | 12.71 | 32.56 | 16.68 | |
Mahindra Manulife ELSS Tax Saver Fund Regular -Growth | 790.44 | 1.01 | 6.02 | 9.12 | 31.32 | 17.23 | |
Mahindra Manulife Business Cycle Fund Regular - Growth | 700.73 | 0.45 | 15.33 | - | - | - |
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1. Mahindra Manulife Business Cycle Fund - Regular Plan is Open-ended Thematic Equity scheme which belongs to Mahindra Manulife Mutual Fund House.
2. The fund was launched on Sep 11, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.19% in equities, 0.0% in debts and 1.81% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 29.9% of the assets, the top 3 sectors constitute around 40.26% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Mahindra Manulife Business Cycle Fund Regular - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Mahindra Manulife Business Cycle Fund Regular - IDCW
- Is it safe to invest in Mahindra Manulife Business Cycle Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mahindra Manulife Business Cycle Fund - Regular Plan comes under Very High risk category.
- What is the category of Mahindra Manulife Business Cycle Fund - Regular Plan?Mahindra Manulife Business Cycle Fund - Regular Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Mahindra Manulife Business Cycle Fund - Regular Plan?The suggested investment horizon of investing into Mahindra Manulife Business Cycle Fund - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mahindra Manulife Business Cycle Fund - Regular Plan?The Mahindra Manulife Business Cycle Fund - Regular Plan is managed by Krishna Sanghavi (Since Aug 21, 2023) and Renjith Sivaram Radhakrishnan (Since Aug 21, 2023).
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