HDFC Business Cycle Fund - Growth Option
HDFC Mutual Fund · Managed by Rahul Baijal
₹14.0560
₹0.17 (-1.22%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹14.0560
₹0.17 (-1.22%)
29 May 2026
AMFI: 150803
Direct · Growth
₹₹14.6720
₹0.18 (-1.22%)
29 May 2026
AMFI: 150805
Regular · IDCW
₹₹14.0560
₹0.17 (-1.22%)
29 May 2026
AMFI: 150806
Direct · IDCW
₹₹14.6720
₹0.18 (-1.22%)
29 May 2026
AMFI: 150804
Returns (Lumpsum)
CAGR for periods ≥ 1 yearSIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹100/month became
Real NAV backtest from day one
₹4,200
Invested
₹4,660
Value today
5.9%
XIRR (p.a.)
₹100/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹100 lumpsum at launch — value today
Invested on the fund's first NAV date
₹100
Invested
₹141
Value today
10.2%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹6L corpus via 12-month STP from a liquid fund at inception
₹50K/month transferred from HDFC Liquid → this fund at launch
₹6,00,000
Invested
₹8,39,323
Value today
-0.5%
vs lumpsum
Direct lumpsum would have beaten STP by 0.5% — but STP reduced timing risk
Model your own STP with real NAVThis fund trailed its benchmark
Top performers in Sectoral / Thematic by 5Y CAGR
DSP India T.I.G.E.R. Fund - Regular Plan - Growth
ICICI Prudential Infrastructure Fund - Growth
SBI PSU Fund - REGULAR PLAN -Growth
Direct vs Regular — ₹500/month over 3 years
Expense ratio drag on your actual returns
Direct plan
₹20,067
Regular plan
₹19,694
Direct earns ₹373 more on a ₹18K investment — 0.69% extra return per year
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised-0.46
Sharpe Ratio
-0.05
Alpha
0.46
Beta
-0.45
Sortino
14.84%
Std Dev
-17.30%
Max Drawdown
Portfolio Holdings
Top 50 holdings · as of Mar 2026
| Security | % NAV |
|---|---|
ICICI Bank Ltd. INE090A01021 | 6.98% |
Bharti Airtel Ltd. INE397D01024 | 6.54% |
Bharti Airtel Ltd. INE397D01024 | 6.21% |
Eternal Limited INE758T01015 | 5.36% |
Eternal Limited INE758T01015 | 5.19% |
ICICI Bank Ltd. INE090A01021 | 5.06% |
Kotak Mahindra Bank Limited INE237A01036 | 4.98% |
Kotak Mahindra Bank Limited INE237A01036 | 4.96% |
Titan Company Ltd. INE280A01028 | 4.36% |
Titan Company Ltd. INE280A01028 | 4.33% |
Anthem Biosciences Limited INE0CZ201020 | 3.90% |
HDFC Bank Ltd.£ INE040A01034 | 3.79% |
Anthem Biosciences Limited INE0CZ201020 | 3.75% |
HDFC Bank Ltd.£ INE040A01034 | 3.59% |
Fortis Healthcare Limited INE061F01013 | 3.35% |
Fortis Healthcare Limited INE061F01013 | 3.22% |
Bajaj Auto Limited INE917I01010 | 3.14% |
Vishal Mega Mart Limited INE01EA01019 | 3.10% |
Vishal Mega Mart Limited INE01EA01019 | 2.98% |
InterGlobe Aviation Ltd. INE646L01027 | 2.80% |
InterGlobe Aviation Ltd. INE646L01027 | 2.74% |
Cholamandalam Investment & Finance Co. Ltd. INE121A01024 | 2.69% |
Aptus Value Housing Finance India Ltd INE852O01025 | 2.68% |
Aether Industries Ltd INE0BWX01014 | 2.56% |
Aether Industries Ltd INE0BWX01014 | 2.45% |
Bajaj Auto Limited INE917I01010 | 2.44% |
Cholamandalam Investment & Finance Co. Ltd. INE121A01024 | 2.37% |
Indusind Bank Ltd. INE095A01012 | 2.31% |
Aptus Value Housing Finance India Ltd INE852O01025 | 2.24% |
Indusind Bank Ltd. INE095A01012 | 2.12% |
Eris Lifesciences Ltd INE406M01024 | 2.09% |
Clean Max Enviro Energy Solutions Limited INE647U01026 | 2.08% |
Home First Finance Company India Ltd INE481N01025 | 1.94% |
Eris Lifesciences Ltd INE406M01024 | 1.91% |
Home First Finance Company India Ltd INE481N01025 | 1.62% |
Lupin Ltd. INE326A01037 | 1.62% |
Clean Max Enviro Energy Solutions Limited INE647U01026 | 1.57% |
PB Fintech Limited INE417T01026 | 1.56% |
Shriram Finance Ltd. INE721A01047 | 1.44% |
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED INE346A01027 | 1.36% |
Timken India Ltd. INE325A01013 | 1.34% |
Balkrishna Industries Ltd. INE787D01026 | 1.29% |
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED INE346A01027 | 1.29% |
Timken India Ltd. INE325A01013 | 1.28% |
MANKIND PHARMA LIMITED INE634S01028 | 1.25% |
Swiggy Limited INE00H001014 | 1.25% |
MANKIND PHARMA LIMITED INE634S01028 | 1.24% |
Embassy Office Parks REIT INE041025011 | 1.24% |
CG Power and Industrial Solutions Ltd. INE067A01029 | 1.23% |
Ambuja Cements Ltd. INE079A01024 | 1.20% |
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
HDFC Business Cycle Fund - Growth Option invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
HDFC Business Cycle Fund - Growth Option is a Sectoral / Thematic mutual fund offered by HDFC Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹2,643 Cr, reflecting investor confidence in the fund's strategy. The fund is managed by Rahul Baijal. It benchmarks its performance against NIFTY 500 Index (TRI). The current expense ratio is 2.00%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations