Mahindra Manulife Mutual Fund announces Launch of Mahindra Manulife Business Cycle Fund
Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd., unveils its latest investment opportunity - the 'Mahindra Manulife Business Cycle Fund.' This open-ended equity scheme shall follow business cycles-based investing theme, catering to investors with an appetite for long-term capital appreciation through equity and equity-related securities.
City Air News
Aug 21, 2023 09:18
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Chandigarh, August 21,2023: Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited and Manulife Investment Management (Singapore) Pte. Ltd., unveils its latest investment opportunity - the 'Mahindra Manulife Business Cycle Fund.' This open-ended equity scheme shall follow business cycles-based investing theme, catering to investors with an appetite for long-term capital appreciation through equity and equity-related securities.
Mahindra Manulife Business Cycle Fund aims to generate capital appreciation by investing predominantly in equity and equity-related securities with a focus on investing in companies and sectors to participate in the business cycles through active portfolio allocation. The fund seeks to empower investors to make well-informed decisions that transcend business cycle divergences by astute monitoring and discerning the junctures using the economic and market cycle parameters.
Anthony Heredia, MD & CEO of Mahindra Manulife Mutual Fund, highlighted the significance of this offering, stating, " Through a judicious alignment of economic shifts and market dynamics, we provide investors with an opportunity to add a long-term tactical play to their core fund portfolios. This fund complements our existing product portfolio and is well suited to both one time as well as SIP investments."
