Should I invest in Mahindra Manulife Business Cycle Fund?

We don't give personal investment advice. Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW 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 - Regular Plan - IDCW

Latest NAV

₹13.4503

As of

17 Jul 2026

697 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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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	+0.32%	-0.06%	+0.38	42 / 168	Q1
1W	+0.04%	-0.22%	+0.26	53 / 168	Q2
2W	+0.20%	-0.98%	+1.19	81 / 170	Q2
1M	+1.21%	+0.82%	+0.39	116 / 170	Q3
3M	+3.25%	+3.83%	-0.59	103 / 170	Q3
6M	-5.02%	+1.86%	-6.89	132 / 162	Q4
YTD	-5.49%	-0.06%	-5.43	130 / 160	Q4
1Y	-2.21%	+1.21%	-3.42	105 / 150	Q3
2Y	-6.03%	-0.78%	-5.25	89 / 109	Q4
3Y	+10.32%	+9.09%	+1.23	44 / 76	Q3
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+10.91%	+7.30%	+3.61	70 / 170	Q2

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	-5.49%	+1.20%	-6.69	130 / 158
2025	-2.16%	-0.40%	-1.77	72 / 129
2024	+24.26%	+19.58%	+4.69	29 / 84
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

+6.60%

23 windows

min -13.6% · max 59.8%

48% 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 INNOVATION FUND - IDCW - REGULAR PLAN	HDFC	₹11.1190	17 Jul 2026
Nippon India Active Momentum Fund- Regular Plan- IDCW Option	Nippon India	₹12.8415	17 Jul 2026
SBI Automotive Opportunities Fund - Regular Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.2938	17 Jul 2026
Invesco India Business Cycle Fund - Regular Plan - IDCW	Invesco	₹14.1900	17 Jul 2026
Bandhan Business Cycle Fund - Regular Plan - IDCW	Bandhan	₹9.9190	17 Jul 2026
quant BFSI Fund - IDCW Option - Regular Plan	Quant	₹21.0055	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW	Aditya Birla Sun Life	₹23.5200	17 Jul 2026
Motilal Oswal Active Momentum Fund - Regular- IDCW	Motilal Oswal	₹13.5064	17 Jul 2026
Mirae Asset Banking and Financial Services Fund Regular IDCW	Mirae Asset	₹21.9730	17 Jul 2026
Kotak Active Momentum Fund - Regular Plan - IDCW - Payout & Reinvestment	Kotak	₹10.6840	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹13.4503
16 Jul 2026	₹13.4074
15 Jul 2026	₹13.4165
14 Jul 2026	₹13.3801
13 Jul 2026	₹13.4664
10 Jul 2026	₹13.4445
9 Jul 2026	₹13.2706
8 Jul 2026	₹13.1875
7 Jul 2026	₹13.4232
6 Jul 2026	₹13.4806

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 17 Jul 2026, the NAV of Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW is ₹13.4503. It's a Sectoral/Thematic Fund from Mahindra Manulife, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW has NAV history starting from 13 Sep 2023, a track record of about 2 years 10 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 - Regular Plan - IDCW 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 - Regular Plan - IDCW has delivered a absolute return of -2.21% — -3.42 pp behind the Sectoral/Thematic Fund category average of 1.21%. The fund ranks #105 of 150 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW has delivered a CAGR of 10.32% — +1.23 pp ahead of the Sectoral/Thematic Fund category average of 9.09%. The fund ranks #44 of 76 in its category — the third (Q3) quartile.

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

₹1 lakh invested in Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW exactly 3 years ago would be worth approximately ₹134,248 today — a multiplier of 1.34×, based on the 3-year CAGR of 10.32%. The category average over the same window would have grown ₹1 lakh to ₹129,811.

A ₹10,000 monthly SIP in Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW over the last 1 year — total invested ₹120,000 — would be worth ₹119,316 today. That's an XIRR (money-weighted annualised return) of -1.05%.

Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (1-year SIP), ₹10,000/month would have grown to ₹119,316 — XIRR -1.05%.

On a 3-year basis, Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW ranks #44 out of 76 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 9.09%; this fund delivered 10.32%.

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

Consistency stats for Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW 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 - Regular Plan - IDCW returned -2.16% — lagging the Sectoral/Thematic Fund category average of -0.40% by 1.77 pp. It ranked #72 of 129 in its category that year.

Mahindra Manulife Business Cycle Fund - Regular Plan - IDCW 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 - Regular Plan - IDCW 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 - Regular Plan - IDCW

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

More from Mahindra Manulife