MAHINDRA MANULIFE BUSINESS CYCLE FUND REGULAR PLAN IDCW REINVESTMENT

MAHINDRA MANULIFE BUSINESS CYCLE FUND REGULAR PLAN IDCW REINVESTMENT is a scheme launched by Mahindra Mutual Fund on September 11, 2023, and falls under the Other Themes fund category. It currently manages an AUM of Rs 1,208.93 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 2.13% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  MAHINDRA MANULIFE BUSINESS CYCLE FUND REGULAR PLAN IDCW REINVESTMENT trailing returns over different times are -13.61% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at -6.23%.