- AMC
- Mahindra Manulife Mutual Fund
- Category
- Thematic Fund
- ISIN
- INF174V01BR2
Mahindra Manulife Business Cycle Fund
₹13.2700
−₹0.1681 (−1.25%)
NAV · Direct · IDCW ·
Mahindra Manulife Business Cycle Fund's Direct IDCW NAV was ₹13.2700 on 19 Oct 2026, down 1.25% on the day. Its 3-year return is 9.65% a year.
- Expense ratio
- 0.91%
- Fund size
- ₹1,297.44 Cr
- Min. investment
- ₹1,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹12.4594 to ₹15.1332.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 0.91% (Direct)
- Exit load
- 1% if redeemed/switched-out within 3 months from allotment date; nil after 3 months. fifo basis.
- Riskometer
- Very high
- Benchmark
- NIFTY 500 TRI
- Launched
- 21 Aug 2023
- Fund managers
- Pranav Patel, Renjith Sivaram, Krishna Sanghavi
Fund size, expense ratio and minimums as of 1 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF174V01BQ4 | ₹15.4505 | −1.25% | 0.91% | +0.15% |
| Regular · Growth | INF174V01BN1 | ₹14.6648 | −1.26% | 2.40% | −1.41% |
| Direct · IDCW | INF174V01BR2 | ₹13.2700 | −1.25% | 0.91% | −6.87% |
| Regular · IDCW | INF174V01BO9 | ₹12.5238 | −1.26% | 2.40% | −8.64% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Mahindra Manulife Business Cycle Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Mahindra Manulife Business Cycle Fund is an open-ended mutual fund from Mahindra Manulife Mutual Fund, in the Thematic Fund category. It began on 21 Aug 2023. It is benchmarked to the NIFTY 500 TRI. The fund manages ₹1,297.44 Cr across its plans as of 1 Oct 2026. The Direct · IDCW plan has an expense ratio of 0.91%. The minimum first investment is ₹1,000, and SIPs are available.
FAQs
What is the NAV of Mahindra Manulife Business Cycle Fund?
The NAV of Mahindra Manulife Business Cycle Fund (Direct · IDCW) was ₹13.2700 on 19 Oct 2026, down 1.25% from the previous NAV.
What plans does Mahindra Manulife Business Cycle Fund have?
Mahindra Manulife Business Cycle Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Mahindra Manulife Business Cycle Fund?
The Direct · IDCW plan of Mahindra Manulife Business Cycle Fund has an expense ratio of 0.91%.
What is the fund size (AUM) of Mahindra Manulife Business Cycle Fund?
Mahindra Manulife Business Cycle Fund manages ₹1,297.44 Cr across all plans as of 1 Oct 2026.
What returns has Mahindra Manulife Business Cycle Fund delivered?
Mahindra Manulife Business Cycle Fund returned −6.87% over 1Y, +9.65% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Mahindra Manulife Business Cycle Fund?
Mahindra Manulife Business Cycle Fund: 1% if redeemed/switched-out within 3 months from allotment date; nil after 3 months. fifo basis..
What is the minimum investment and SIP amount for Mahindra Manulife Business Cycle Fund?
The minimum first investment in Mahindra Manulife Business Cycle Fund is ₹1,000, and ₹1,000 after that. SIPs are available (SIP available Weekly/Monthly/Quarterly. Minimum: Weekly-1000, Monthly-1000, Quarterly-1500. Minimum instalments: Weekly/Monthly-6, Quarterly-4.).
How risky is Mahindra Manulife Business Cycle Fund?
Mahindra Manulife Business Cycle Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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