Aditya Birla Sun Life Business Cycle Fund

Q: What are the returns of this mutual fund scheme?

The Aditya Birla Sun Life Business Cycle Fund is a 4 yrs 2 m old fund and has delivered average annual returns of 10.13% since inception. Aditya Birla Sun Life Business Cycle Fund Returns 1-Year 3-Year Since Inception 6.88% 13.46% 10.13%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.06-0.86% 1 day change	10.13% p.a.	App exclusive #NA View Ranked Funds	₹1,784 Cr

Historical NAV & returns

NAV: ₹15.06 as on Feb 02, 2026

This fund Category average

Aditya Birla Sun Life Business Cycle Fund overview

AUM (Fund size)	₹1,784 Cr
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
Lock-in Period	Nil
Age	4 yrs 2 m since Nov 15, 2021
Benchmark	BSE 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	2.14% as on Feb 02, 2026
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Aditya Birla Sun Life Business Cycle Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-3.95%	-8.79%
3 Months	-3.77%	-8.32%
6 Months	1.28%	-5.01%
1 Year	6.88%	0.77%
2 Years	8.43%	3.92%
3 Years	13.46%	13.52%
4 Years	10.1%	9.99%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 50.32%

Mid Cap 21.49%

Small Cap 27.2%

Other Cap 0%

Top holdings

ICICI Bank Ltd.6.23%

Kotak Mahindra Bank Ltd.3.83%

Reliance Industries Ltd.3.63%

HDFC Bank Ltd.3.62%

Top sectors

Financial 27.980000000000004%

Technology 12.34%

Automobile 7.7700000000000005%

Consumer Discretionary 7.46%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Foreign - Equity 1.74443706%

Reverse Repo 1.11910613%

Foreign Mutual Funds 0.39403068%

Cash 5.61E-6%

Other Holdings

Others 1.12%

Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.39%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Aditya Birla Sun Life Business Cycle Fund	-3.95%	1.28%	6.88%	13.46%	N.A.	N.A.
ICICI Prudential India Opportunities Fund	-3.02%	5.18%	11.87%	22.83%	24.41%	13.86%
ICICI Prudential Value Fund	-3.55%	3.69%	11.27%	19.95%	20.57%	16.67%
ICICI Prudential Dividend Yield Equity Fund	-3.71%	3.15%	10.38%	22.01%	23.15%	17.4%
ICICI Prudential Diversified Equity All Cap Omni FoF	-4.85%	1.14%	8.2%	20.31%	19.81%	11.98%
SBI Contra Fund	-3.77%	1.88%	6.55%	19.59%	21.15%	17.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Aditya Birla Sun Life Business Cycle Fund	12.52	0.95	0.64	0.97
ICICI Prudential India Opportunities Fund	11.3	0.83	1.35	2.2
ICICI Prudential Value Fund	11.09	0.81	1.18	2.0
ICICI Prudential Dividend Yield Equity Fund	11.93	0.87	1.26	1.98
ICICI Prudential Diversified Equity All Cap Omni FoF	11.66	0.89	1.16	1.79
SBI Contra Fund	12.07	0.91	1.07	1.65

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Aditya Birla Sun Life Business Cycle Fund	N.A.	1,784 Cr	4 yrs 2 m	2.14%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	7 yrs 1 m	1.57%
ICICI Prudential Value Fund	N.A.	61,272 Cr	21 yrs 6 m	1.48%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11 yrs 9 m	1.8%
ICICI Prudential Diversified Equity All Cap Omni FoF	N.A.	258 Cr	5 yrs 11 m	1.02%
SBI Contra Fund	N.A.	49,967 Cr	20 yrs 8 m	1.5%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.53 vs. 4.3 Underperformed at beating benchmark
Sharpe	0.64 vs. 4.6 Poor risk-adjusted returns
Beta	0.95 vs. 0.75 More sensitive to market's ups & downs
Standard deviation	12.52 vs. 8.85 More volatile performance

Compare Aditya Birla Sun Life Business Cycle Fund in detail with

About this fund

About Aditya Birla Sun Life Business Cycle Fund

Aditya Birla Sun Life Business Cycle Fund is a Strategy mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 4 yrs 2 m, having been launched on 15/11/2021. Aditya Birla Sun Life Business Cycle Fund has ₹1,784 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Aditya Birla Sun Life Business Cycle Fund as of 02/02/2026 is ₹15.06. The fund has an expense ratio of 2.14%, which is higher than what most other Strategy funds charge.

Aditya Birla Sun Life Business Cycle Fund returns of last 1-year are 6.32%. Since launch, it has delivered 10.32% average annual returns.
Aditya Birla Sun Life Business Cycle Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Financial, Technology, Automobile, Consumer Discretionary, Metals & Mining sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., Kotak Mahindra Bank Ltd., Reliance Industries Ltd., HDFC Bank Ltd., Infosys Ltd..

...

Fund AUM	1,784 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Dhaval Gala

Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research. Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).

Harish Krishnan

Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode Prior to joining Aditya Birla Sun Life Mutual Fund, he has also worked at Kotak Mahindra Mutual Fund, Infosys Technologies Ltd in his earlier stint.

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 in the economy.

Aditya Birla Sun Life Mutual Fund details

No. of schemes	88 view all schemes
Total AUM	4,47,038 Cr as on Dec 31, 2025
Address	One World Center, Tower 1, 17th Floor, Jupiter Mill Compound Senapati Bapat Marg, Elphinstone Road Mumbai, 400013

More funds from Aditya Birla Sun Life Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Aditya Birla Sun Life PSU Equity Fund	N.A.	5,643 Cr	17.92%	27.28%
Aditya Birla Sun Life Infrastructure Fund	N.A.	1,113 Cr	8.24%	19.9%
Aditya Birla Sun Life Dividend Yield Fund	N.A.	1,511 Cr	7.29%	19.08%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund	N.A.	426 Cr	8.05%	N.A.
Aditya Birla Sun Life Mid Cap Fund	N.A.	6,301 Cr	6.95%	18.15%
Aditya Birla Sun Life Value Fund	N.A.	6,411 Cr	6.7%	16.73%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Aditya Birla Sun Life Business Cycle Fund?

The current Net Asset Value (NAV) of the Aditya Birla Sun Life Business Cycle Fund plan is approximately ₹15.06 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Aditya Birla Sun Life Business Cycle Fund is a 4 yrs 2 m old fund and has delivered average annual returns of 10.13% since inception.

Aditya Birla Sun Life Business Cycle Fund Returns

1-Year	3-Year	Since Inception
6.88%	13.46%	10.13%

How much does this mutual fund charge as expense ratio?

The Aditya Birla Sun Life Business Cycle Fund has an expense ratio of 2.14%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Aditya Birla Sun Life Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately 1,784 Cr as on Dec 31, 2025.

What are the top stock holdings of Aditya Birla Sun Life Business Cycle Fund?

The Aditya Birla Sun Life Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	6.23%
Kotak Mahindra Bank Ltd.	3.83%
Reliance Industries Ltd.	3.63%
HDFC Bank Ltd.	3.62%
Infosys Ltd.	3.54%
State Bank of India	3.52%
Mahindra & Mahindra Ltd.	2.75%
Bharti Airtel Ltd.	2.6%
HCL Technologies Ltd.	2.34%
Godrej Consumer Products Ltd.	2.06%

What are the top sectors Aditya Birla Sun Life Business Cycle Fund has invested in?

The Aditya Birla Sun Life Business Cycle Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	27.980000000000004%
Technology	12.34%
Automobile	7.7700000000000005%
Consumer Discretionary	7.46%
Metals & Mining	6.34%
Energy	5.28%
Capital Goods	5.2%
Healthcare	3.98%
Consumer Staples	3.5300000000000002%
Materials	3.51%

What is risk level of Aditya Birla Sun Life Business Cycle Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Aditya Birla Sun Life Business Cycle Fund?

Redeeming your investments in the Aditya Birla Sun Life Business Cycle Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.