Should I invest in Mahindra Manulife Business Cycle Fund?

We don't give personal investment advice. Mahindra Manulife Business Cycle Fund - Direct Plan - Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

Mahindra Manulife

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth

Latest NAV

₹16.0024

As of

3 Jun 2026

666 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.31%	+0.27%	-0.58	224 / 258	Q4
1W	-1.45%	-1.34%	-0.11	123 / 258	Q2
2W	+0.66%	+0.04%	+0.63	101 / 259	Q2
1M	-0.68%	-0.39%	-0.29	129 / 259	Q2
3M	+3.36%	+2.19%	+1.16	104 / 257	Q2
6M	+1.26%	-1.09%	+2.35	88 / 247	Q2
YTD	-0.42%	-1.30%	+0.88	102 / 247	Q2
1Y	+8.87%	+5.02%	+3.85	63 / 230	Q2
2Y	+5.83%	+5.50%	+0.32	77 / 182	Q2
3Y	—	—	—	—	—
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+18.75%	+10.45%	+8.31	40 / 259	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.42%	-0.94%	+0.52	101 / 244
2025	+7.90%	+4.41%	+3.49	67 / 208
2024	+26.47%	+23.18%	+3.30	50 / 155
2023	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.85%

22 windows

min -5.9% · max 58.1%

82% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

—

Insufficient history

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹18.0340	3 Jun 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹12.1791	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹11.7563	3 Jun 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.6800	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹13.3000	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹20.2506	3 Jun 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹23.5100	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹66.7400	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.3284	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.0024
2 Jun 2026	₹16.0514
1 Jun 2026	₹15.9790
29 May 2026	₹16.0486
27 May 2026	₹16.2377
26 May 2026	₹16.1595
25 May 2026	₹16.1440
22 May 2026	₹15.9716
21 May 2026	₹15.9473
20 May 2026	₹15.8973

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mahindra Manulife Business Cycle Fund - Direct Plan - Growth is ₹16.0024. It's a Sectoral/Thematic Fund from Mahindra Manulife, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth has NAV history starting from 13 Sep 2023, a track record of about 2 years 8 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Business Cycle Fund - Direct Plan - Growth has delivered a absolute return of 8.87% — +3.85 pp ahead of the Sectoral/Thematic Fund category average of 5.02%. The fund ranks #63 of 230 in its category — the second (Q2) quartile.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't have a complete 3-year window yet (we need at least 3 year of NAVs). Check the shorter-window returns above.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't yet have a 3-year CAGR on file, so a ₹1 lakh growth projection isn't reliable.

A ₹10,000 monthly SIP in Mahindra Manulife Business Cycle Fund - Direct Plan - Growth over the last 1 year — total invested ₹120,000 — would be worth ₹124,323 today. That's an XIRR (money-weighted annualised return) of 6.73%.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹124,323 — XIRR 6.73%.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't yet have a peer rank on file — typically because its category set is too small or it lacks the required NAV history. Compare manually using the returns table above.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth doesn't have a computed drawdown figure yet.

Consistency stats for Mahindra Manulife Business Cycle Fund - Direct Plan - Growth need at least 3 years of NAVs to compute. They'll populate automatically once the fund has enough history.

In calendar year 2025, Mahindra Manulife Business Cycle Fund - Direct Plan - Growth returned 7.90% — beating the Sectoral/Thematic Fund category average of 4.41% by 3.49 pp. It ranked #67 of 208 in its category that year.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Mahindra Manulife Business Cycle Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Business Cycle Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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