Mahindra Manulife Business Cycle Fund
Check overlapmahindra-manulife · Equity Scheme - Sectoral/ Thematic · AUM ₹1,357 cr · Book as of 2026-08
Holdings as of
Holdings: August 2026 · Returns updated 13 Sep 2026
Sectors
Equity 96.8% · Cash & others 3.2% · Total 100%
Banks
16.3%
Pharmaceuticals & Biotechnology
10.4%
Power
7.7%
Cement & Cement Products
7.5%
Finance
5.7%
IT - Software
5.4%
Industrial Manufacturing
4.3%
Telecom - Services
4.3%
Other equity · 17 sectors
35.2%
Cash & others
3.2%
| Reliance Industries Limited | Petroleum Products | 3.92 | 53.49 | 0 | hold |
| Grasim Industries Limited | Cement & Cement Products | 3.34 | 45.51 | 0 | hold |
| ICICI Bank Limited | Banks | 3.2 | 43.62 | 0 | hold |
| JSW Energy Limited | Power | 3.03 | 41.32 | 0 | hold |
| Axis Bank Limited | Banks | 2.72 | 37.05 | 0 | hold |
| IndusInd Bank Limited | Banks | 2.68 | 36.54 | 0 | hold |
| Bajaj Auto Limited | Automobiles | 2.38 | 32.43 | −5,000 | cut |
| ADANI ENTERPRISES LIMTIED | Metals & Minerals Trading | 2.31 | 31.45 | 0 | hold |
| Indus Towers Limited | Telecom - Services | 2.28 | 31.1 | 0 | hold |
| Tech Mahindra Limited | IT - Software | 2.23 | 30.4 | 0 | hold |
| Infosys Limited | IT - Software | 2.18 | 29.79 | 0 | hold |
| Divi's Laboratories Limited | Pharmaceuticals & Biotechnology | 2.08 | 28.4 | 0 | hold |
| VODAFONE IDEA LIMITED | Telecom - Services | 2.02 | 27.52 | 0 | hold |
| IDFC First Bank Limited | Banks | 2.02 | 27.51 | 0 | hold |
| Bandhan Bank Limited | Banks | 1.88 | 25.6 | 0 | hold |
| Adani Energy Solutions Ltd. | Power | 1.83 | 24.95 | 0 | hold |
| Ajanta Pharma Limited | Pharmaceuticals & Biotechnology | 1.76 | 24.02 | −13,870 | cut |
| The Ramco Cements Ltd. | Cement & Cement Products | 1.74 | 23.75 | 0 | hold |
| Anthem Biosciences Limited | Pharmaceuticals & Biotechnology | 1.7 | 23.22 | 0 | hold |
| Bajaj Finance Limited | Finance | 1.6 | 21.85 | −50,000 | cut |
| Maruti Suzuki India Limited | Automobiles | 1.59 | 21.68 | 0 | hold |
| Glenmark Pharmaceuticals Ltd. | Pharmaceuticals & Biotechnology | 1.58 | 21.51 | +30,000 | add |
| Kajaria Ceramics Limited | Consumer Durables | 1.53 | 20.87 | 0 | hold |
| Cochin Shipyard Ltd | Industrial Manufacturing | 1.51 | 20.59 | +25,000 | add |
| NTPC Ltd. | Power | 1.5 | 20.41 | 0 | hold |
| Ambuja Cements Limited | Cement & Cement Products | 1.47 | 20.06 | 0 | hold |
| REC Limited | Finance | 1.47 | 20.04 | 0 | hold |
| Shriram Finance Limited | Finance | 1.46 | 19.98 | −45,000 | cut |
| Vedanta Aluminium Metal Ltd. | Non - Ferrous Metals | 1.44 | 19.58 | +2,20,000 | add |
| Biocon Limited | Pharmaceuticals & Biotechnology | 1.4 | 19.06 | 0 | hold |
| Zydus Lifesciences Limited | Pharmaceuticals & Biotechnology | 1.39 | 19.01 | 0 | hold |
| Asahi India Glass Limited | Auto Components | 1.33 | 18.08 | 0 | hold |
| Coal India Limited | Consumable Fuels | 1.32 | 18.05 | 0 | hold |
| CESC Limited | Power | 1.31 | 17.83 | 0 | hold |
| Carborundum Universal Limited | Industrial Products | 1.3 | 17.77 | +35,000 | add |
| Steel Authority of India Limited | Ferrous Metals | 1.29 | 17.55 | +9,00,000 | new |
| LMW Limited | Industrial Manufacturing | 1.28 | 17.43 | 0 | hold |
| Ceat Ltd. | Auto Components | 1.28 | 17.41 | −1,308 | cut |
| JSW Steel Limited | Ferrous Metals | 1.25 | 17 | +1,30,000 | new |
| Deepak Fertilizers and Petrochemicals Corporation Ltd. | Chemicals & Petrochemicals | 1.15 | 15.65 | 0 | hold |
| Manappuram Finance Ltd. | Finance | 1.12 | 15.3 | 0 | hold |
| Hindalco Industries Limited | Non - Ferrous Metals | 1.12 | 15.23 | +1,50,000 | new |
| Kirloskar Brothers Limited | Industrial Products | 1.12 | 15.21 | 0 | hold |
| The Federal Bank Limited | Banks | 1.1 | 14.98 | −3,60,000 | cut |
| Sagility Limited | IT - Services | 1.04 | 14.21 | 0 | hold |
| MphasiS Limited. | IT - Software | 1.01 | 13.84 | 0 | hold |
| Ujjivan Small Finance Bank Limited | Banks | 1.01 | 13.82 | 0 | hold |
| Punjab National Bank | Banks | 1 | 13.71 | 0 | hold |
| Supreme Petrochem Ltd. | Chemicals & Petrochemicals | 0.99 | 13.52 | 0 | hold |
| NMDC Limited | Minerals & Mining | 0.97 | 13.23 | −3,00,000 | cut |
| Dalmia Bharat Limited | Cement & Cement Products | 0.95 | 12.99 | 0 | hold |
| Gokaldas Exports Limited | Textiles & Apparels | 0.94 | 12.82 | 0 | hold |
| Mazagon Dock Shipbuilders Limited | Industrial Manufacturing | 0.91 | 12.4 | 0 | hold |
| S. P. Apparels Limited | Textiles & Apparels | 0.89 | 12.09 | 0 | hold |
| K.P.R. Mill Limited | Textiles & Apparels | 0.86 | 11.78 | 0 | hold |
| Sarda Energy & Minerals Ltd. | Ferrous Metals | 0.8 | 10.98 | 0 | hold |
| Tata Consumer Products Limited | Agricultural Food & other Products | 0.76 | 10.38 | +1,00,000 | new |
| National Organic Chemical Ltd. | Chemicals & Petrochemicals | 0.74 | 10.07 | 0 | hold |
| Bank of Baroda | Banks | 0.7 | 9.54 | 0 | hold |
| Elecon Engineering Comapny Ltd. | Electrical Equipment | 0.66 | 9.06 | 0 | hold |
| TEGA INDUSTRIES LIMITED | Industrial Manufacturing | 0.64 | 8.75 | 0 | hold |
| GAIL (India) Limited | Gas | 0.59 | 8.08 | −5,00,000 | cut |
| Foseco India Ltd. | Chemicals & Petrochemicals | 0.57 | 7.73 | +12,024 | new |
| Garden Reach Shipbuilders & Engineers Limited | Aerospace & Defense | 0.56 | 7.7 | 0 | hold |
| Aurobindo Pharma Limited | Pharmaceuticals & Biotechnology | 0.45 | 6.2 | −44,022 | cut |
| Triveni Engineering & Industries Ltd | Agricultural Food & other Products | 0.33 | 4.53 | +1,53,176 | new |
| Garware Hi-Tech Films Ltd | Industrial Products | 0.21 | 2.8 | +3,929 | new |