HDFC Business Cycle Fund Direct Growth

HDFC Business Cycle Fund Direct Growth

+9.91%
3Y annualised
-1.06% 1D
1M
6M
1Y
3Y
All
NAV: 19 Oct '26
₹15.24
Min. for SIP
₹100
Fund size (AUM)
₹2,645.86 Cr
Expense ratio
1.15%
Rating
2

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,618
-2.55%
6 months₹30,000₹29,716
-0.95%
1 year₹60,000₹60,548
+0.91%
3 years₹1,80,000₹1,90,705
+5.95%

Holdings (65)

NameSectorInstrumentsAssets
RepoUnspecifiedRepo10.92%
Bharti Airtel LtdTechnologyEquity5.69%
Kotak Mahindra Bank LtdFinancialEquity5.31%
ICICI Bank LtdFinancialEquity5.21%
Titan Company LtdConsumer DiscretionaryEquity4.46%
Anthem Biosciences Ltd.HealthcareEquity3.78%
Pearl Global Industries LtdConsumer DiscretionaryEquity3.28%
HDFC Bank LtdFinancialEquity3.24%
Zomato LtdTechnologyEquity2.86%
Vishal Mega Mart Ltd.Consumer StaplesEquity2.52%
Clean Max Enviro Energy Solutions Ltd.Energy & UtilitiesEquity2.38%
Cholamandalam Investment & Finance Company LtdFinancialEquity2.28%
Indusind Bank LtdFinancialEquity2.24%
Bajaj Auto LtdConsumer DiscretionaryEquity2.23%
Home First Finance Company India LtdFinancialEquity2.23%
DHFL VYSYA HOUSING FINANCE LIMITED EQFinancialEquity2.17%
ACME Solar Holdings Ltd.Energy & UtilitiesEquity2.03%
Aether Industries LtdMaterialsEquity1.94%
Swiggy Ltd.TechnologyEquity1.93%
Aptus Value Housing Finance India LtdFinancialEquity1.75%
Fortis Healthcare LtdHealthcareEquity1.71%
Eris Lifesciences LtdHealthcareEquity1.69%
Mankind Pharma Ltd.HealthcareEquity1.37%
KSB LtdIndustrialsEquity1.31%
Bharat Dynamics LtdIndustrialsEquity1.30%
ICICI Prudential Asset Management Company Ltd.FinancialEquity1.27%
GE T&D India LtdIndustrialsEquity1.20%
Glass Wall Systems (India) Ltd.IndustrialsEquity1.17%
Le Travenues Technology Ltd.Consumer DiscretionaryEquity1.17%
Interglobe Aviation LtdIndustrialsEquity1.16%
Global Health LtdHealthcareEquity1.16%
Embassy Office Parks REITReal EstateReal Estate Investment Trusts1.13%
GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100EntitiesGOI Securities1.07%
Schloss Bangalore Ltd.Consumer DiscretionaryEquity1.03%
SRF LtdMaterialsEquity1.01%
PB Fintech LtdFinancialEquity0.98%
Chalet Hotels LtdConsumer DiscretionaryEquity0.93%
CG Power & Industrial Solutions LtdIndustrialsEquity0.88%
Timken India LtdIndustrialsEquity0.85%
Adani Ports and Special Economic Zone LtdIndustrialsEquity0.81%
Dhoot Transmission LtdConsumer DiscretionaryEquity0.65%
Sona BLW Precision Forgings LtdConsumer DiscretionaryEquity0.56%
Torrent Pharmaceuticals LtdHealthcareEquity0.54%
G R Infraprojects LtdIndustrialsEquity0.52%
Bosch LtdConsumer DiscretionaryEquity0.52%
RHI Magnesita India LtdMaterialsEquity0.51%
WeWork India Management Ltd.IndustrialsEquity0.50%
Axis Bank LtdFinancialEquity0.46%
JSW Energy LtdEnergy & UtilitiesEquity0.39%
Brainbees Solutions Ltd.Consumer DiscretionaryEquity0.39%
Rentomojo LtdConsumer DiscretionaryEquity0.38%
Ola Electric Mobility Ltd.Consumer DiscretionaryEquity0.38%
Awfis Space Solutions Ltd.IndustrialsEquity0.30%
Grindwell Norton LtdMaterialsEquity0.27%
PNC Infratech LtdIndustrialsEquity0.26%
Ceigall India Ltd.IndustrialsEquity0.25%
Lumino Industries Ltd.IndustrialsEquity0.25%
INDO-MIM Ltd.IndustrialsEquity0.24%
Shiprocket Ltd.TechnologyEquity0.23%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.21%
Sula Vineyards LtdConsumer StaplesEquity0.20%
Star Health & Allied Insurance Co. LtdFinancialEquity0.15%
AFCONS INFRASTRUCTURE LIMITED EQIndustrialsEquity0.12%
Tempsens Instruments (India) Ltd.IndustrialsEquity0.11%
Net PayablesUnspecifiedNet Payables-0.04%
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+3.4%-3.1%+9.9%+11.4%
Category average (Equity Thematic)+1.1%-1.8%+13.1%+12.8%
Rank (Equity Thematic)--149--

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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 ₹9,34,076 Cr and the Latest NAV as of 19 Oct 2026 is ₹15.24. 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₹9,34,075.66 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,