Sharpe ratio
0.66Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+2.80%1Y Absolute Return
-0.72%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mahindra Manulife Business Cycle Fund - Direct Plan - GrowthFund 3Y annualised return · 5Y history unavailable | ₹11,30,456 | ₹7,32,612 | ₹3,97,844 | +17.27% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.16
₹1 Lakh since launch₹1.16 Lakh
Fund age3.2 yrs
Fund information
Scheme code152045
ISININF174V01BQ4
BenchmarkNIFTY 500 TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio0.88%
Exit loadExit load of 1%, if redeemed within 3 months
Minimum SIP₹500 SIP
Return comparison
467th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +72.14% | — | — |
| 3M | -13.09% | — | — |
| 6M | +4.86% | — | — |
| 1Y | +2.80% | — | +4.16% |
| 3Y | +17.27% | — | +12.54% |
| Since Launch | +16.49% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.89Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
15.12%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.77How well the fund rewarded investors relative to its biggest decline.
Good
Good return relative to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity98.53%
Cash1.45%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 71 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Reliance Industries Ltd | Energy & Utilities | Equity | 4.05% |
| JSW Energy Ltd | Energy & Utilities | Equity | 3.46% |
| Grasim Industries Ltd | Materials | Equity | 3.13% |
| ICICI Bank Ltd | Financial | Equity | 3.09% |
| Axis Bank Ltd | Financial | Equity | 2.87% |
| Bajaj Auto Ltd | Consumer Discretionary | Equity | 2.66% |
| Adani Enterprises Ltd | Materials | Equity | 2.5% |
| Indusind Bank Ltd | Financial | Equity | 2.49% |
| Infosys Ltd | Technology | Equity | 2.49% |
| Bandhan Bank Ltd | Financial | Equity | 2.39% |
Fund management
KR
Krishna Sanghavi
Since 2023 · Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Canara Robeco AMC, Kotak Mahindra AMC Ltd. and Kotak Life Insurance, Aviva Life Insurance Company Ltd..
Mr. Sanghvi is a B.Com (H), CWA from ICWAI, Master of Management Studies (Finance) from NMIMS, Mumbai and CFA from ICFAI.
VI
Vishal Jajoo
Since 2025 · Prior to joining Mahindra Manulife AMC, he has worked with ITI Mutual Fund and Tata Investment Corporation Ltd
Mr. Jajoo is a Chartered Accountant, PGDM (Finance) and MBA (Investments)
RE
Renjith Sivaram Radhakrishnan
Since 2023 · Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 4.7 points. Ranks 467 of 932 in its category over 1 year.
Strengths
- Ahead of its category average over 3Y by 4.7 points.
- Well spread out — top 10 holdings are only 29% of the portfolio.
Weaknesses
- None
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 15.1% volatility.
Risk drivers
- None