Compare Nippon India Innovation Fund vs Mahindra Manulife Business Cycle Fund
Fund Details
Risk | Very High | Very High |
Rating | - | 0.0 |
Min SIP Amount | ₹100 | ₹500 |
Expense Ratio | 2.01 | 2.12 |
NAV | ₹13.45 | ₹14.29 |
Fund Started | 09 Aug 2023 | 21 Aug 2023 |
Fund Size | ₹2223.85 Cr | ₹1165.00 Cr |
Exit Load | Exit load of 1%, if redeemed within 1 year. | Exit load of 1%, if redeemed within 3 months |
Returns
1 Year | 31.47% | 41.93% |
3 Year | - | - |
5 Year | - | - |
Holding Analysis
Equity | 96.39% | 94.80% |
Cash | 3.59% | 5.20% |
Top Holdings
Top 10 Holdings |
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Fund Manager
Name | Vinay Sharma | Renjith Sivaram Radhakrishnan |
Start Date | 07 May 2018 | 03 Jul 2023 |
About Fund
Description | The scheme seeks to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies seeking to benefit from innovation i.e companies that invest in l innovation, research and development, new product development or new platforms to enhance their business and gain share in their respective sectors. | The Scheme 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. |
Launch Date | 09 Aug 2023 | 21 Aug 2023 |
