HDFC Business Cycle Fund · Regular · Growth
HDFC Mutual Fund · Managed by Rahul Baijal
NAV
₹14.8950
as of 29 Sept 2026
Expense Ratio
2.11%
AUM
₹2,594 Cr
Lumpsum returns (CAGR)
- 1Y
- +1.95%
- 3Y
- +9.53%
- 5Y
- —
- Since Inception
- +10.96%
SIP returns (XIRR)
- 1Y
- +4.85%
- 3Y
- +5.21%
- 5Y
- —
- Since Inception
- +7.87%
What history actually did — last 3 years (Oct 2023 – Sept 2026)
A ₹5,000 monthly SIP for the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,86,672 today — ₹1,75,000 invested, 4.4% XIRR.
₹1,75,000
Invested
₹1,86,672
Value today
4.4%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,31,118 today (9.5% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Oct 2023 – Sept 2026) (3 Jun 2024) would be ₹1,09,033 today (1.09×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.33
Sharpe Ratio
+0.06
Alpha
0.31
Beta
0.33
Sortino
13.99%
Std Dev
-17.30%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Banks16.88%
- Finance9.20%
- Retailing7.89%
- Pharmaceuticals & Biotechnology7.87%
- Telecom - Services5.60%
- Consumer Durables4.96%
- Power4.29%
- Chemicals & Petrochemicals4.08%
- Leisure Services3.42%
- Transport Services3.27%
- Healthcare Services3.12%
- Auto Components3.01%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 1Bharti Airtel Ltd.5.60%
- 2Icici Bank Ltd.5.46%
- 3Kotak Mahindra Bank Limited5.10%
- 4Titan Company Ltd.4.73%
- 5Anthem Biosciences Limited4.30%
- 6Hdfc Bank Ltd.£3.09%
- 7Aether Industries Ltd3.08%
- 8Pearl Global Industries Limited3.00%
- 9Eternal Limited2.80%
- 10Interglobe Aviation Ltd.2.75%
What this fund does
HDFC Business Cycle Fund · Regular · Growth 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 · Regular · Growth is a Sectoral / Thematic mutual fund offered by HDFC Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹2,594 Cr, reflecting investor confidence in the fund's strategy. The fund is managed by Rahul Baijal. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.11%.