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Mahindra Manulife Mutual Fund has launched Mahindra Manulife Business Cycle Fund, an open-ended thematic fund that will invest in companies that will benefit from the business cycle.
Krishna Sanghavi, CIO, Equity and Renjith Sivaram Radhakrishnan, Fund Manager, Equity will co-manage the fund.
In a press release, Krishna said, "The fund strategically aims to integrate the economic cycle and market cycle with a view to construct portfolio based on sectoral preferences depending upon stages of business cycles, in order to generate long-term capital appreciation.”
Anthony Heredia, MD and CEO of Mahindra Manulife MF said, " 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."
