Compare UTI Innovation Fund vs Mahindra Manulife Business Cycle Fund
Fund Details
Risk | Very High | Very High |
Rating | 0.0 | 0.0 |
Min SIP Amount | ₹500 | ₹500 |
Expense Ratio | 2.3 | 2.12 |
NAV | ₹11.69 | ₹14.29 |
Fund Started | 25 Sep 2023 | 21 Aug 2023 |
Fund Size | ₹809.61 Cr | ₹1165.00 Cr |
Exit Load | Exit load of 1%, if redeemed within 12 months. | Exit load of 1%, if redeemed within 3 months |
Returns
1 Year | 14.85% | 41.93% |
3 Year | - | - |
5 Year | - | - |
Holding Analysis
Equity | 92.61% | 94.80% |
Cash | 6.76% | 5.20% |
Top Holdings
Top 10 Holdings |
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Fund Manager
Name | Nitin Jain | Renjith Sivaram Radhakrishnan |
Start Date | 01 Oct 2024 | 03 Jul 2023 |
About Fund
Description | The scheme seeks to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments. | 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 | 25 Sep 2023 | 21 Aug 2023 |
