HDFC Business Cycle Fund Direct Growth

HDFC Business Cycle Fund Direct Growth

+11.53%
3Y annualised
+2.11% 1D
1M
6M
1Y
3Y
All
NAV: 01 Apr '26
₹13.39
Min. for SIP
₹100
Fund size (AUM)
₹2,650.14 Cr
Expense ratio
1.10%
Rating
--

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,091
-6.06%
6 months₹30,000₹27,045
-9.85%
1 year₹60,000₹53,912
-10.15%
3 years₹1,80,000₹1,76,924
-1.71%

Holdings (63)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity7.03%
Bharti Airtel Ltd.CommunicationEquity6.08%
Kotak Mahindra Bank Ltd.FinancialEquity5.16%
Eternal Ltd.ServicesEquity5.08%
Titan Company Ltd.Consumer DiscretionaryEquity4.20%
HDFC Bank Ltd.FinancialEquity4.05%
Anthem Biosciences Ltd.HealthcareEquity3.53%
Fortis Healthcare Ltd.HealthcareEquity3.37%
Bajaj Auto Ltd.AutomobileEquity3.14%
Interglobe Aviation Ltd.ServicesEquity3.02%
Vishal Mega Mart Ltd.ServicesEquity2.93%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.88%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity2.67%
Aptus Value Housing Finance India Ltd.FinancialEquity2.47%
Indusind Bank Ltd.FinancialEquity2.37%
Ambuja Cements Ltd.ConstructionEquity2.33%
Aether Industries Ltd.ChemicalsEquity1.97%
Eris Lifesciences Ltd.HealthcareEquity1.93%
Clean Max Enviro Energy Solutions Ltd.EnergyEquity1.89%
Home First Finance Company India Ltd.FinancialEquity1.71%
Shriram Finance LtdFinancialEquity1.57%
Lupin Ltd.HealthcareEquity1.42%
Balkrishna Industries Ltd.AutomobileEquity1.30%
Timken India Ltd.Capital GoodsEquity1.27%
ICICI Prudential Asset Management Company Ltd.FinancialEquity1.26%
Mankind Pharma Ltd.HealthcareEquity1.22%
Pearl Global Industries Ltd.TextilesEquity1.12%
Embassy Office Parks REITConstructionREITs1.10%
GOISovereignGOI Sec1.09%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity1.07%
SRF Ltd.ChemicalsEquity1.04%
Aadhar Housing Finance LtdFinancialEquity1.00%
Leela Palaces Hotels & Resorts Ltd.ServicesEquity0.93%
Swiggy Ltd.ServicesEquity0.92%
Escorts Kubota Ltd.AutomobileEquity0.80%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.71%
Brainbees Solutions Ltd.Consumer StaplesEquity0.71%
Astral Ltd.ChemicalsEquity0.68%
Sagility Ltd.ServicesEquity0.67%
Tata Motors Ltd.AutomobileEquity0.66%
Afcons Infrastructure Ltd.ConstructionEquity0.65%
Aditya Birla Real Estate Ltd.Consumer StaplesEquity0.62%
GR Infraprojects Ltd.ConstructionEquity0.61%
ACME Solar Holdings Ltd.EnergyEquity0.61%
RHI Magnesita India Ltd.ConstructionEquity0.58%
Ceigall India Ltd.ConstructionEquity0.55%
JK Tyre & Industries Ltd.AutomobileEquity0.54%
WeWork India Management Ltd.ServicesEquity0.50%
Piramal Pharma Ltd.HealthcareEquity0.49%
The Phoenix Mills Ltd.ConstructionEquity0.49%
Inventurus Knowledge Solutions Ltd.ServicesEquity0.47%
Amagi Media Labs Ltd.TechnologyEquity0.45%
Godrej Properties Ltd.ConstructionEquity0.42%
PNC Infratech Ltd.ConstructionEquity0.40%
JSW Energy Ltd.Capital GoodsEquity0.38%
AU Small Finance Bank Ltd.FinancialEquity0.38%
Awfis Space Solutions Ltd.ServicesEquity0.36%
Ola Electric Mobility Ltd.AutomobileEquity0.26%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.26%
Chalet Hotels Ltd.ServicesEquity0.26%
Sula Vineyards Ltd.Consumer StaplesEquity0.25%
Grindwell Norton Ltd.Metals & MiningEquity0.23%
Aequs Ltd.TechnologyEquity0.23%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns-12.8%-2.3%+11.5%+9.1%
Category average (Equity Thematic)-1.0%-0.6%+16.8%--
Rank (Equity Thematic)--116--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 1 year.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

Fund management

RB
Rahul Baijal
Nov 2022 - Present
View details

Education
Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering
Experience
Prior to joining HDFC Mutual Fund, he has worked with Sundaram Mutual Fund, Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Also manages these schemes

About HDFC Business Cycle Fund Direct Growth

HDFC Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Rahul Baijal is the Current Fund Manager of HDFC Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,52,320 Cr and the Latest NAV as of 01 Apr 2026 is ₹13.39. The HDFC Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 1 year. ;

Investment Objective

The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles.
Fund benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#2 in India
Total AUM₹9,52,319.77 Cr
Date of Incorporation10 Dec 1999
Phone022 – 66316333
Launch Date10 Dec 1999
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
Custodian--
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,