Mutual Fund

Here are the details for the Mahindra Manulife Business Cycle Fund:

1. Description: The Mahindra Manulife Business Cycle Fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities. The fund focuses 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. Asset Class:

• Equity

3. Asset Sub-Class:

• Thematic (Business Cycle)

4. XIRR (Extended Internal Rate of Return):

• Specific XIRR data is not available.

5. Return Rate:

• 1-Year Return: Approximately 2.83% (as of March 12, 2025)

6. 5-Year Return:

• Not applicable, as the fund was launched on September 11, 2023, and has not completed five years.

7. CAGR (Compound Annual Growth Rate):

• Since inception (September 11, 2023): Approximately 19.3% (as of March 12, 2025)

8. Expense Ratio:

• Regular Plan: 2.17%
• Direct Plan: 0.55%

9. Minimum Investment Amount:

• Lump Sum: ₹1,000
• Additional Investment: ₹1,000
• SIP (Systematic Investment Plan): ₹500

10. Lock-in Period:

• None

11. Exit Load:

• 1% if redeemed within 3 months

Additional Information:

• Fund Size (AUM): ₹1,055.09 Crores (as of January 31, 2025)

• Net Asset Value (NAV): ₹12.82 (as of March 12, 2025)

• Risk Level: Very High

• Fund Managers: Mr. Krishna Sanghavi and Mr. Renjith Sivaram (since August 21, 2023)

Please note that mutual fund investments are subject to market risks. It's advisable to consult with a financial advisor before making investment decisions.