Bandhan Business Cycle Fund Direct-Growth

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹9.652+0.34% 1 day change	-3.62%	#NA View Ranked Funds	N.A.

Historical NAV & returns

NAV: ₹9.652 as on Apr 23, 2025

This fund Category average

Bandhan Business Cycle Fund overview

VRO rating	N.A.
Expense ratio	0.8% as on Mar 31, 2025
Exit load	0.5% Exit load of 0.50%, if redeemed within 30 days.!
AUM (Fund size)	₹1,588 Crs
Lock-in	No Lockin
Age	7 m since Sep 10, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP ₹500 & Lump. ₹1000
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

Bandhan 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 Apr 10, 2025

Period	This fund	Category average
1 month	3.22%	3.33%
3 months	4.79%	3.17%
6 months	-0.84%	-3.92%

Asset allocationas on Mar 31, 2025

Large Cap 51.647874%

Mid Cap 20.799806%

Small Cap 23.892319999999998%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.5.23%

Axis Bank Ltd.3.71%

Bajaj Finance Ltd.2.83%

Infosys Ltd.2.63%

Top sectors

Financial 31.23%

Services 9.31%

Energy 8.8%

Healthcare 8.39%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.02%

Allocation by Instruments

Reverse Repo 3.52%

Net Current Assets 0.12%

Margin Money 0.02%

Other Holdings

Others 3.52%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bandhan Business Cycle Fund	N.A.	₹1,588 Crs	7 m	0.8%
HSBC Business Cycles Fund	N.A.	₹967 Crs	10 yrs 8 m	1.12%
Quant Business Cycle Fund	N.A.	₹1,238 Crs	1 yrs 11 m	0.49%
Axis Business Cycles Fund	N.A.	₹2,295 Crs	2 yrs 2 m	0.7%
ICICI Prudential Business Cycle Fund	N.A.	₹11,894 Crs	4 yrs 3 m	0.82%
Tata Business Cycle Fund	N.A.	₹2,735 Crs	3 yrs 9 m	0.54%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Business Cycle Fund	3.22%	-0.84%	N.A.	N.A.	N.A.	N.A.
HSBC Business Cycles Fund	3.34%	-4.74%	12.74%	23.25%	30.37%	14.03%
Quant Business Cycle Fund	2.11%	-10.85%	-1.5%	16.66%	9.68%	4.73%
Axis Business Cycles Fund	3.4%	-2.07%	8.33%	17.17%	9.98%	4.87%
ICICI Prudential Business Cycle Fund	3.23%	0.7%	11.16%	22.86%	19.42%	9.28%
Tata Business Cycle Fund	3.53%	-4.83%	5.91%	22.08%	14.15%	6.84%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
HSBC Business Cycles Fund	17.96	1.1	0.81	1.24
Quant Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
Axis Business Cycles Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Business Cycle Fund	13.1	0.83	1.09	2.35
Tata Business Cycle Fund	14.86	0.97	0.88	1.5

View all Business Cycle funds

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

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Bandhan Business Cycle Fund in detail with

About this fund

About Bandhan Business Cycle Fund

Bandhan Business Cycle Fund Direct-Growth is a Business Cycle mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 7 m, having been launched on 10/09/2024. Bandhan Business Cycle Fund Direct-Growth has ₹1,588 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Business Cycle Fund Direct-Growth as of 23/04/2025 is ₹9.65. The fund has an expense ratio of 0.8%, which is close to what most other Business Cycle funds charge.

The fund has the majority of its money invested in Financial, Services, Energy, Healthcare, Construction sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Axis Bank Ltd., Bajaj Finance Ltd., Infosys Ltd., NTPC Ltd..

...

Fund AUM	₹1,588 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Harshal Joshi

Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) in 2008 he has worked with ICAP India Pvt. Ltd.

Vishal Biraia

Mr. Biraia has done B.E and CFA Prior to joining Bandhan Mutual Fund, he has worked with Max Life Insurance Company Ltd, Aviva India, Antique Stock Broking Ltd, Emkay Global Financial Services Ltd and Batlivala & Karani Securities India Pvt. Ltd.

Ritika Behera

Ms. Behera has done B.Com and MBA (Finance) Prior to Bandhan AMC Limited, she was associated with Ocean Dial Asset Management, Elara Securities Pvt Ltd. and Batlivala & Karani Securities Pvt Ltd.

Investment objective

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Bandhan Mutual Fund details

No. of schemes	66 view all schemes
Total AUM	₹1,67,339 Crs as on Mar 31, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
Bandhan Small Cap Fund	N.A.	₹9,516 Crs	18.02%	38.75%
Bandhan Infrastructure Fund	N.A.	₹1,563 Crs	5.3%	38.36%
Bandhan Sterling Value Fund	N.A.	₹9,430 Crs	7.51%	35.67%
Bandhan Core Equity Fund	N.A.	₹7,967 Crs	13.39%	31.5%
Bandhan ELSS Tax Saver Fund	N.A.	₹6,597 Crs	6.1%	30.29%
Bandhan Focused Equity Fund	N.A.	₹1,685 Crs	14.63%	24.08%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Business Cycle Fund?

The current Net Asset Value (NAV) of the Bandhan Business Cycle Fund - Direct Growth plan is approximately ₹9.652 as of Apr 23, 2025.

How much does this mutual fund charge as expense ratio?

The Bandhan Business Cycle Fund - Direct Growth has an expense ratio of 0.8%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The Bandhan Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,588 Crs crore as of Mar 31, 2025.

What are the top stock holdings of Bandhan Business Cycle Fund?

The Bandhan Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.23%
Axis Bank Ltd.	3.71%
Bajaj Finance Ltd.	2.83%
Infosys Ltd.	2.63%
NTPC Ltd.	2.48%
UPL Ltd.	2.43%
Wockhardt Ltd.	2.27%
Sundaram - Clayton Dcd Ltd.	2.21%
Bharti Airtel Ltd.	2.01%
Larsen & Toubro Ltd.	1.99%

What are the top sectors Bandhan Business Cycle Fund has invested in?

The Bandhan Business Cycle Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	31.23%
Services	9.31%
Energy	8.8%
Healthcare	8.39%
Construction	7.79%
Chemicals	6.18%
Technology	5.51%
Capital Goods	4.45%
Automobile	3.7699999999999996%
Metals & Mining	3.0300000000000002%

What is risk level of Bandhan Business Cycle Fund?

This is a Business Cycle 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 do I invest in Bandhan Business Cycle Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bandhan Business Cycle Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bandhan Business Cycle Fund is complete.

How can I redeem my investments in Bandhan Business Cycle Fund?

Redeeming your investments in Bandhan Business Cycle Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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