By periodically driving the temperature of reservoirs in a quantum heat engine, geometric or Pancharatnam-Berry phase-like (PBp) effects in the thermodynamics can be observed. The PBp can be identified from a generating function (GF) method within an adiabatic quantum Markovian master equation formalism. The GF is shown not to lead to a standard open quantum system's fluctuation theorem in presence of phase-different modulations with an inapplicability in the use of large deviation theory. Effect of quantum coherences in optimizing the flux is nullified due to PBp contributions. The linear coefficient, 1/2, which is universal in the expansion of the efficiency at maximum power in terms of Carnot efficiency no longer holds true in presence of PBp effects.