Bandhan Business Cycle Fund Direct-Growth

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹10.227+0.3% 1 day change	2.12%	#NA View Ranked Funds	₹1,683 Cr

Historical NAV & returns

NAV: ₹10.227 as on Jul 21, 2025

This fund Category average

Bandhan Business Cycle Fund overview

Expense ratio	0.51% as on May 31, 2025
Exit load	0.5% Exit load of 0.50%, if redeemed within 30 days.!
AUM (Fund size)	₹1,683 Cr
Lock-in Period	Nil
Age	10 m since Sep 10, 2024
Benchmark	NIFTY 500 TRI
Min. investment	This scheme is currently not buyable
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%

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 Jun 09, 2025

Period	This fund	Category average
1 Month	0.42%	0.2%
3 Months	6.32%	6.62%
6 Months	10.37%	8.55%

Asset allocationas on May 31, 2025

Large Cap 52.11%

Mid Cap 18.06%

Small Cap 25.62%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.25%

Axis Bank Ltd.4.3%

Infosys Ltd.3.1%

Bajaj Finance Ltd.2.74%

Top sectors

Financial 31.300000000000004%

Services 8.950000000000001%

Healthcare 8.78%

Energy 8.4%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.03%

Allocation by Instruments

Reverse Repo 4.75%

Cash Margin 0.12%

Margin Money 0.03%

Cash 0.00221595%

Other Holdings

Others 4.75%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Business Cycle Fund	N.A.	1,683 Cr	10 m	0.51%
ICICI Prudential India Opportunities Fund	N.A.	27,197 Cr	6 yrs 6 m	0.63%
SBI Contra Fund	N.A.	44,069 Cr	12 yrs 6 m	0.62%
ICICI Prudential Value Fund	N.A.	51,112 Cr	12 yrs 6 m	0.99%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,231 Cr	11 yrs 3 m	0.58%
ICICI Prudential India Equity FOF	N.A.	179 Cr	5 yrs 5 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Business Cycle Fund	0.42%	10.37%	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	-0.54%	10.45%	8.69%	27.3%	32.76%	14.48%
SBI Contra Fund	0.0%	6.82%	1.9%	24.33%	32.91%	16.6%
ICICI Prudential Value Fund	-0.49%	9.35%	6.46%	24.25%	27.83%	15.73%
ICICI Prudential Dividend Yield Equity Fund	-0.37%	9.79%	4.94%	27.4%	30.93%	16.61%
ICICI Prudential India Equity FOF	0.13%	8.91%	6.26%	23.56%	28.2%	12.51%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Business Cycle Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential India Opportunities Fund	11.92	0.8	1.74	2.97
SBI Contra Fund	12.58	0.86	1.51	2.4
ICICI Prudential Value Fund	11.51	0.76	1.55	2.66
ICICI Prudential Dividend Yield Equity Fund	12.58	0.84	1.65	2.51
ICICI Prudential India Equity FOF	12.1	0.84	1.46	2.23

View all Strategy 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 Strategy mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 10 m, having been launched on 10/09/2024. Bandhan Business Cycle Fund Direct-Growth has ₹1,683 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Business Cycle Fund Direct-Growth as of 21/07/2025 is ₹10.23. The fund has an expense ratio of 0.51%, which is less than what most other Strategy funds charge.

The fund has the majority of its money invested in Financial, Services, Healthcare, Energy, 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., Infosys Ltd., Bajaj Finance Ltd., Sundaram - Clayton Dcd Ltd..

...

Fund AUM	1,683 Cr as on May 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	1,77,378 Cr as on Jun 30, 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	1Y	5Y
Bandhan Small Cap Fund	N.A.	11,744 Cr	15.09%	37.8%
Bandhan Infrastructure Fund	N.A.	1,701 Cr	-5.81%	36.24%
Bandhan Value Fund	N.A.	9,961 Cr	0.49%	31.58%
Bandhan Large & Mid Cap Fund	N.A.	9,107 Cr	6.16%	28.78%
Bandhan ELSS Tax Saver Fund	N.A.	6,955 Cr	1.2%	26.49%
Bandhan Focused Fund	N.A.	1,839 Cr	14.7%	21.19%

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 ₹10.227 as of Jul 21, 2025.

How much does this mutual fund charge as expense ratio?

The Bandhan Business Cycle Fund - Direct Growth has an expense ratio of 0.51%, 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 1,683 Cr as on May 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.	5.25%
Axis Bank Ltd.	4.3%
Infosys Ltd.	3.1%
Bajaj Finance Ltd.	2.74%
Sundaram - Clayton Dcd Ltd.	2.34%
NTPC Ltd.	2.19%
Wockhardt Ltd.	2.11%
UPL Ltd.	2.08%
Bharti Airtel Ltd.	2.03%
Tata Consultancy Services Ltd.	2.0%

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	31.300000000000004%
Services	8.950000000000001%
Healthcare	8.78%
Energy	8.4%
Construction	7.960000000000001%
Technology	7.9300000000000015%
Capital Goods	5.34%
Chemicals	5.12%
Automobile	2.54%
Metals & Mining	2.22%

What is risk level of Bandhan 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 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.