1Y returns
+4.90%
3Y CAGR
+12.92%
5Y CAGR
—
Std deviation 3Y
+15.18%
In plain English
HDFC Business Cycle Fund is a Sectoral / Thematic scheme from HDFC. The portfolio is ~94% in equities with 5% kept in cash and short-term debt. 3-year CAGR: about 12.9%. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -18% in Mar 2026 — ongoing. Wrong fit if you need this money in less than 7 years.
Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.
NAV history
NAV (Direct-Growth)
₹15.7060
Last 1Y
+3.67%
Drawdown stories
The crashes you should know about — and how long the fund took to recover.
Mar 2026 — ongoing
-18.0%Peak ₹15.98 on 23 Sept 2024 → trough ₹13.10 on 23 Mar 2026 (18 months down).
Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.
Honesty score
A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.
Honesty score
4 / 5
Solid scheme on the dimensions we check. No red flags.
Expense ratio
1.00% — typical for category.
AUM size
₹2.6K Cr.
Sector concentration
Top 3 sectors = 66.3% — fairly concentrated.
Performance
Returns for various periods, with category average and peer rank.
Portfolio composition
Asset allocation
- Equity93.69%
- Debt1.10%
- Cash5.21%
By market cap
- Large cap44.03%
- Mid cap22.60%
- Small cap23.55%
- Others9.82%
Concentration
Holdings
61
Avg market cap
₹94.1K Cr
Top 10 stocks
42.37%
Top 5 stocks
25.57%
Top 3 sectors
66.28%
Top holdings
Top 15 positions by weight, latest disclosure.
- 1—6.98%
ICICI Bank Ltd
- 2—6.54%
Bharti Airtel Ltd
- 1—6.08%
Bharti Airtel Ltd
- 3—5.98%
Treps - Tri-Party Repo
- 2—5.70%
Treps - Tri-Party Repo
- 4—5.36%
Eternal Ltd
- 3—5.31%
Eternal Ltd
- 4—5.08%
ICICI Bank Ltd
- 5—5.03%
Kotak Mahindra Bank Ltd
- 5—4.98%
Kotak Mahindra Bank Ltd
- 6—4.36%
Titan Co Ltd
- 6—4.07%
Titan Co Ltd
- 7—3.94%
Anthem Biosciences Ltd
- 7—3.79%
HDFC Bank Ltd
- 8—3.75%
Anthem Biosciences Ltd
Fundamentals (vs category)
Portfolio-weighted ratios, compared with the category average.
- P/E ratio30.4228.47+1.95
- P/B ratio3.724.25-0.53
- Price / Sales4.503.21+1.29
- Price / Cash Flow16.3819.97-3.59
- Dividend yield0.70%1.23%-0.53
- Return on equity (ROE)12.88%18.47%-5.59
Risk metrics
Standard deviation, Sharpe, Sortino, Beta — all vs category average.
- 12.0315.18————
Standard deviation
Volatility — lower means steadier returns.
- -0.090.42————
Sharpe ratio
Risk-adjusted return — higher is better.
- -0.130.64————
Sortino ratio
Like Sharpe but only counts downside volatility.
- ——————
Beta
1 = moves with the market. <1 = less volatile.
Peers in Sectoral / Thematic
Other schemes in the same SEBI category, ranked by AUM.
- ₹36.5K Cr+6.58%+22.72%0.57%
ICICI Prudential India Opportunities Fund
ICICI Prudential
- ₹36.5K Cr+1.48%+18.90%0.57%
ICICI Prudential India Opportunities Fund
ICICI Prudential
- ₹15.8K Cr+6.72%+21.95%0.64%
ICICI Prudential Business Cycle Fund Direct Plan Growth
ICICI Prudential
- ₹15.8K Cr+2.38%+18.99%0.64%
ICICI Prudential Business Cycle Fund Direct Plan Growth
ICICI Prudential
- ₹13.4K Cr-10.00%+10.76%0.86%
ICICI Prudential Technology Fund
ICICI Prudential
- ₹13.4K Cr-21.09%+5.76%0.86%
ICICI Prudential Technology Fund
ICICI Prudential
- ₹10.6K Cr+1.41%+13.88%0.87%
ICICI Prudential Banking and Financial Services Fund
ICICI Prudential
- ₹10.6K Cr-1.94%+11.58%0.87%
ICICI Prudential Banking and Financial Services Fund
ICICI Prudential
Available plans & options
- DirectGrowthHDFC Business Cycle Fund - Growth Option - Direct PlanINF179KC1DY9
- DirectIDCW ReinvestmentHDFC Business Cycle Fund - IDCW Option - Direct PlanINF179KC1DZ6
- RegularGrowthHDFC Business Cycle Fund - Growth OptionINF179KC1EB5
- RegularIDCW ReinvestmentHDFC Business Cycle Fund - IDCW OptionINF179KC1EC3
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