Mahindra Manulife Business Cycle Fund- Direct Payout

An open ended equity scheme following business cycles based investing theme

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Equity

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
*» Exit load: 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units.
» Nil if Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.

Fund Manager : Mr. Krishna Sanghavi

Total Experience: Collectively over 27 years of work experience of which around 11 years have been in the Mutual Fund Industry and 8 years in Life Insurance industry

Experience in managing this fund : Managing since September 11, 2023

Fund Manager : Mr. Renjith Sivaram

Total Experience: 14 years of experience in the field of equity research.

Experience in managing this fund : Managing since September 11, 2023

Fund Manager : Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments)

Total Experience: Collectively over 14 years of experience in the field of ESG and Sustainability.

Experience in managing this fund : Managing since January 5, 2024

This Product is Suitable for investors who are seeking**

  • Long term capital appreciation
  • Investment predominantly in equity & equity related instruments of business cycle based theme

Scheme Riskometer

Mahindra Manulife- Scheme Risko Meter Very High

Mahindra Manulife Business Cycle Fund

Benchmark Riskometer

As per AMFI Tier I Benchmark i.e. NIFTY 500 TRI

Mahindra Manulife- Benchmark Risko Meter Very High

**Investor should consult their financial advisers if in doubt about whether the product is suitable for them.

  • Scheme Overview
  • Scheme Documents and Forms

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.

Why Business Cycle Fund:

  • Business Cycle fund aims to identify and invest in select sectors based on the market and economic dynamics.
  • Skilled fund managers can strategically rotate the portfolio`s sectoral allocation to capture outperformance during specific phases of the business cycle.
  • Business cycle funds are designed to be flexible and adaptive to changing economic & market conditions.
  • By aligning the portfolio based on the stage of business cycle for instance, the fund manager may potentially reduce exposure to riskier assets during economic downturns with the objective to enhance the fund`s risk-adjusted returns.
  • During economic downturns or market corrections, business cycle funds may allocate more to defensive sectors, which may provide stability to the overall portfolio.
  • Business cycle funds are managed by experienced and knowledgeable fund managers who closely monitor economic indicators and market trends to make informed investment decisions.
  • Business cycle funds may be well-suited for investors with a long-term investment horizon. The scheme`s strategy to focus on the business cycle theme may align with a patient investment approach, allowing the fund manager to aim for long term wealth creation for the investors.
  • Investing in a business cycle fund allows investors to participate in the growth potential of different sectors and industries as the economy progresses through different phases of the cycle.

Note: Pursuant to change in Fund Management Responsibilities, the scheme shall be managed by Mr. Krishna Sanghavi, Mr. Renjith Sivaram and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investment) effective January 5, 2024.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Business Cycle Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Oct 31, 2024)
Managed by Mr. Krishna Sanghavi and Mr. Renjith Sivaram and Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments) 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 53.40 N/A N/A 41.99 15,358 N/A N/A 14,912 14.9123
Direct Plan - Growth Option 56.19 N/A N/A 44.60 15,638 N/A N/A 15,225 15.2245
Nifty 500 TRI^ 36.22 N/A N/A 25.76 13,633 N/A N/A 12,986 35830.98
Nifty 50 TRI^^ 28.30 N/A N/A 19.60 12,839 N/A N/A 12,263 35971.14

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 11-Sep-23. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Krishna Sanghavi is managing this scheme since September 11, 2023. Mr. Renjith Sivaram is managing this fund since September 11, 2023. Mr. Pranav Patel is managing this fund since January 05, 2024. $Dedicated Fund Manager for Overseas Investments.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.