Mahindra Manulife Business Cycle Fund - Direct Plan - Growth
Mahindra Manulife Mutual Fund · Equity · mandate: ≥80% in the named sector/theme · benchmark: —
AUM (all plans)
1,297 cr
TER direct / regular
0.94% / 2.43%
CAGR (full)
19.1%
Sharpe (full)
0.78
Sharpe (bull ≤Sep-24)
3.28
Sharpe (sideways Oct-24→)
-0.22
Max drawdown
-21.0%
Months of data
35
Percentile ranks this fund within its peer pool; the leaderboard Score is
the weighted average of its fiscal-year percentiles (equity: active-return-rank blended
with IR-rank).
Equity curve
Drawdown
Fiscal-year record
FY
Return
vs category
Sharpe
months
FY22
—
—
—
0
FY23
—
—
—
0
FY24*
27.0%
9.0%
2.63
6
FY25
8.3%
-0.2%
0.19
12
FY26
5.2%
7.6%
-0.00
12
FY27*
15.3%
-1.7%
1.99
5
Active/Fund returns are TOTALS over the months covered — never annualized
(FY27* is year-to-date; a * row covers only part of the year).
%ile is the fund's percentile within its peer pool for that year.
Monthly returns (%)
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year
2023
-3.0
+7.7
+10.1
+15.0
2024
+6.6
+2.2
+1.3
+7.4
+1.0
+6.7
+7.6
+0.7
+2.3
-6.9
-1.0
-1.9
+28.1
2025
-4.6
-8.3
+6.8
+3.5
+3.8
+3.7
-3.1
-1.4
+1.9
+5.3
+1.2
+0.6
+8.4
2026
-0.9
+1.0
-9.5
+10.5
+0.1
+1.8
+1.5
+0.8
+4.4
Quarterly average AUM & estimated net flows
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by
construction). Monthly returns are month-end NAV chains; stale prints (>7 days before
month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla
direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified
against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic
monthly convention. Independence: all figures are computed from mandatory public disclosures with a
fixed methodology applied identically to every fund — no fund can pay for inclusion,
exclusion, placement, or altered presentation, and any material commercial relationship
will be disclosed on the affected pages.
Nothing here is investment advice; past performance does not
predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard
· PMS leaderboard