HDFC Business Cycle Fund Growth

HDFC Business Cycle Fund Growth

Equity
Thematic
Very High Risk
+13.84%
3Y annualised
-0.08% 1D
1M
6M
1Y
3Y
All
NAV: 20 Feb '26
₹14.32
Min. for SIP
Not Supported
Fund size
₹2,678.20 Cr
Expense ratio
2.00%

Holdings (61)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity6.84%
Bharti Airtel Ltd.CommunicationEquity6.30%
Eternal Ltd.ServicesEquity5.58%
Kotak Mahindra Bank Ltd.FinancialEquity4.56%
HDFC Bank Ltd.FinancialEquity4.20%
Titan Company Ltd.Consumer DiscretionaryEquity3.82%
Vishal Mega Mart Ltd.ServicesEquity3.10%
Fortis Healthcare Ltd.HealthcareEquity3.01%
Bajaj Auto Ltd.AutomobileEquity2.99%
Anthem Biosciences Ltd.HealthcareEquity2.99%
Aptus Value Housing Finance India Ltd.FinancialEquity2.76%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.66%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity2.49%
Ambuja Cements Ltd.ConstructionEquity2.35%
Indusind Bank Ltd.FinancialEquity2.20%
Aether Industries Ltd.ChemicalsEquity2.04%
Eris Lifesciences Ltd.HealthcareEquity1.93%
Home First Finance Company India Ltd.FinancialEquity1.84%
Interglobe Aviation Ltd.ServicesEquity1.73%
Shriram Finance LtdFinancialEquity1.47%
Lupin Ltd.HealthcareEquity1.31%
Balkrishna Industries Ltd.AutomobileEquity1.24%
ICICI Prudential Asset Management Company Ltd.FinancialEquity1.19%
Mankind Pharma Ltd.HealthcareEquity1.15%
SRF Ltd.ChemicalsEquity1.14%
Embassy Office Parks REITConstructionREITs1.12%
Pearl Global Industries Ltd.TextilesEquity1.12%
JSW Energy Ltd.Capital GoodsEquity1.10%
Timken India Ltd.Capital GoodsEquity1.06%
Brainbees Solutions Ltd.Consumer StaplesEquity0.89%
Leela Palaces Hotels & Resorts Ltd.ServicesEquity0.86%
Amagi Media Labs Ltd.TechnologyEquity0.85%
Sagility Ltd.ServicesEquity0.84%
Godrej Properties Ltd.ConstructionEquity0.83%
Aadhar Housing Finance LtdFinancialEquity0.79%
Escorts Kubota Ltd.AutomobileEquity0.76%
Afcons Infrastructure Ltd.ConstructionEquity0.73%
Sona BLW Precision Forgings Ltd.AutomobileEquity0.65%
GR Infraprojects Ltd.ConstructionEquity0.61%
Aditya Birla Real Estate Ltd.Consumer StaplesEquity0.60%
Astral Ltd.ChemicalsEquity0.59%
Tata Motors Ltd.AutomobileEquity0.59%
Swiggy Ltd.ServicesEquity0.58%
ACME Solar Holdings Ltd.EnergyEquity0.58%
RHI Magnesita India Ltd.ConstructionEquity0.58%
WeWork India Management Ltd.ServicesEquity0.57%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.56%
JK Tyre & Industries Ltd.AutomobileEquity0.55%
Inventurus Knowledge Solutions Ltd.ServicesEquity0.53%
Ceigall India Ltd.ConstructionEquity0.52%
The Phoenix Mills Ltd.ConstructionEquity0.49%
Piramal Pharma Ltd.HealthcareEquity0.48%
Awfis Space Solutions Ltd.ServicesEquity0.47%
PNC Infratech Ltd.ConstructionEquity0.42%
AU Small Finance Bank Ltd.FinancialEquity0.38%
Ola Electric Mobility Ltd.AutomobileEquity0.33%
Chalet Hotels Ltd.ServicesEquity0.28%
Sula Vineyards Ltd.Consumer StaplesEquity0.27%
Crompton Greaves Consumer Electricals Ltd.Consumer DiscretionaryEquity0.22%
Aequs Ltd.TechnologyEquity0.22%
Grindwell Norton Ltd.Metals & MiningEquity0.21%
See All

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns-4.6%+7.5%+13.8%+11.8%
Category average (Equity Thematic)-1.0%-0.6%+16.8%--
Rank (Equity Thematic)--115--

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 Growth

HDFC Business Cycle Fund 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,37,232 Cr and the Latest NAV as of 20 Feb 2026 is ₹14.32. The HDFC Business Cycle Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹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₹9,37,232.21 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
CustodianNA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,