MAHINDRA MANULIFE BUSINESS CYCLE FUND
(An open ended equity scheme following business cycles based investing theme)

Data as on 30th, June 2025

Investment Objective The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying and investing in business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the objective of the Scheme will be realized.
Fund Features
  • Business Cycle fund aims to identify and invest in select sectors based on the market and economic dynamics.
  • Skilled fund managers can strategically rotate the portfolio`s sectoral allocation to capture outperformance during specific phases of the business cycle.
  • The Funds are designed to be flexible and adaptive to changing economic & market conditions
  • Investing in a business cycle fund allows investors to participate in the growth potential of different sectors and industries as the economy progresses through different phases of the cycle.
Fund Manager and Experience Fund Manager: Mr. Krishna Sanghavi
Total Experience: 27 years
Experience in managing this fund: 1 Year and 9 months (Managing since September 11, 2023)
Fund Manager: Mr. Vishal Jajoo
Total Experience: 17 years
Experience in managing this fund: 2 months (Managing since May 02, 2025)
Fund Manager: Mr. Renjith Sivaram
Total Experience: 14 years
Experience in managing this fund: 1 Year and 9 months (Managing since September 11, 2023)
Date of allotment September 11, 2023
Benchmark NIFTY 500 TRI
Options IDCW (IDCW Option will have IDCW Reinvestment (D) & IDCW Payout facility) and Growth (D) D-Default
Minimum Application Amount Rs. 1,000/- and in multiples of Re. 1/- thereafter
Minimum Additional Purchase Amount: Rs. 1000 and in multiples of Rs. 1 thereafter
SIP Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Weekly & Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
Minimum Repurchase Amount: Rs. 1,000/- or 100 units or account balance, whichever is lower
Monthly AAUM as on June 30, 2025 (Rs. in Cr.): 1,236.99
Quarterly AAUM as on June 30, 2025 (Rs. in Cr.): 1192.78
Monthly AUM as on June 30, 2025 (Rs. in Cr.): 1,266.92
Total Expense Ratio 1 as on
June 30, 2025:
Regular Plan: 2.10%
Direct Plan: 0.47%
1Includes additional expenses charged in terms of Regulation 52 (6A) (b) and 52 (6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax.
Load Structure: Entry Load: N.A.
Exit Load: An Exit Load of 1% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment;
Nil if Units are redeemed / switched-out after 3 months from the date of allotment.
Redemption /Switch-Out of Units would be done on First
in First out Basis (FIFO).

Portfolio Turnover Ratio (Last 1 year): 0.59

NAV as on June 30, 2025
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
IDCW
13.7116
14.1841
Growth
14.8775
15.3565
IDCW: Income Distribution cum Capital Withdrawal.

Issuer
% of Net Assets
Automobile and Auto Components
8.33%
Asahi India Glass Limited
1.99%
Maruti Suzuki India Limited
1.76%
CEAT Limited
1.48%
Bajaj Auto Limited
1.42%
Hero MotoCorp Limited
1.27%
Belrise Industries Ltd.
0.42%
Capital Goods
5.95%
APL Apollo Tubes Limited
1.83%
Kirloskar Brothers Limited
1.49%
LMW Limited
1.21%
Technocraft Industries (India) Limited
0.88%
Bharat Bijlee Limited
0.54%
Chemicals
1.32%
NOCIL Limited
0.66%
Archean Chemical Industries Limited
0.66%
Construction
1.26%
ISGEC Heavy Engineering Limited
0.78%
Afcons Infrastructure Limited
0.48%
Construction Materials
4.51%
Grasim Industries Limited
2.02%
UltraTech Cement Limited
1.43%
The Ramco Cements Limited
1.06%
Consumer Durables
3.04%
Whirlpool of India Limited
2.05%
VIP Industries Limited
0.77%
Bata India Limited
0.22%
Consumer Services
1.47%
Trent Limited
1.47%
Fast Moving Consumer Goods
8.09%
ITC Limited
2.63%
Hindustan Unilever Limited
2.10%
Balrampur Chini Mills Limited
1.34%
AWL Agri Business Limited
1.04%
Triveni Engineering & Industries Limited
0.99%
Financial Services
22.90%
State Bank of India
3.95%
HDFC Bank Limited
2.84%
Bajaj Finance Limited
1.97%
RBL Bank Limited
1.92%
Bank of Baroda
1.52%
Piramal Enterprises Limited
1.50%
Punjab National Bank
1.48%
Jio Financial Services Limited
1.29%
Manappuram Finance Limited
1.29%
Union Bank of India
1.21%
Axis Bank Limited
1.14%
Power Finance Corporation Limited
1.01%
Canara Bank
0.90%
Bandhan Bank Limited
0.88%
Forest Materials
0.95%
Aditya Birla Real Estate Limited
0.95%
Healthcare
4.99%
Divi's Laboratories Limited
2.18%
Sun Pharmaceutical Industries Limited
1.69%
GlaxoSmithKline Pharmaceuticals Limited
1.12%
Information Technology
9.12%
Infosys Limited
4.24%
Tech Mahindra Limited
2.29%
Wipro Limited
1.68%
Tata Consultancy Services Limited
0.92%
Metals & Mining
4.94%
Tata Steel Limited
1.75%
Hindalco Industries Limited
1.10%
Sarda Energy & Minerals Limited
1.09%
National Aluminium Company Limited
0.99%
Oil Gas & Consumable Fuels
11.17%
Reliance Industries Limited
4.96%
Coal India Limited
1.80%
Oil & Natural Gas Corporation Limited
1.58%
GAIL (India) Limited
1.44%
Hindustan Petroleum Corporation Limited
1.38%
Power
5.27%
JSW Energy Limited
2.06%
NTPC Limited
1.65%
CESC Limited
1.56%
Services
0.44%
Sanghvi Movers Limited
0.44%
Telecommunication
2.68%
Indus Towers Limited
2.68%
Textiles
0.97%
S. P. Apparels Limited
0.97%
Equity and Equity Related Total
97.42%
Cash & Other Receivables
2.58%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on June 30, 2025)

Mahindra Manulife Business Cycle Fund
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on
June 30, 2025)
Managed by Mr. Krishna Sanghavi, Mr. Vishal Jajoo, Mr. Renjith Sivaram
1 Year
Since Inception
1 Year
Since Inception
Regular Plan - Growth Option
2.43
24.65
10,245
14,878
14.8775
Direct Plan - Growth Option
4.16
26.86
10,419
15,357
15.3565
Nifty 500 TRI^
5.64
18.59
10,568
13,599
37,522.38
Nifty 50 TRI^^
7.49
15.81
10,754
13,029
38,217.32

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 11-Sep-23. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Vishal Jajoo is managing this scheme since May 02, 2025. For performance details of other schemes managed by the Fund Manager(s). please click here | Best Viewed in Landscape mode

Mahindra Business Cycle Fund
Regular Plan
Direct Plan
Nifty 500 TRI Index^
Nifty 50 Index TRI^^
SIP Investment Period
Total Amount Invested
()
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns
(%)
1 Year
120,000
123,813
6.00
124,891
7.71
127,313
11.60
127,838
12.45
Since Inception
220,000
252,808
15.39
240,777
9.81
252,507
15.25
250,453
14.31

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 11-Sep-23 Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return). For SIP Performance please click here | Best Viewed in Landscape mode.

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA

As per the latest Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines)

Record Date
Plan(s) / Option(s)
IDCW
Face Value
Cum-IDCW NAV
(Rs. per unit)
(Rs. per unit)
(Rs. per unit)
13-Mar-25
Regular IDCW
1.00
10
13.0029
13-Mar-25
Direct IDCW
1.00
10
13.3515
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCWs, visit www.mahindramanulife.com.

Product Suitability
This Product is Suitable for investors who are seeking*
  • Long term capital appreciation.
  • Investment predominantly in equity and equity related instruments of business cycle based theme.
Scheme Riskometers
Benchmark Riskometers

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
As per AMFI Tier I Benchmark i.e. NIFTY 500 TRI
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.