AMC
HDFC Mutual Fund
Category
Sectoral/ Thematic
ISIN
INF179KC1EB5

HDFC Business Cycle Fund

₹14.5410

−₹0.1570 (−1.07%)

NAV · Regular · Growth ·

HDFC Business Cycle Fund's Regular Growth NAV was ₹14.5410 on 19 Oct 2026, down 1.07% on the day. Its 3-year return is 8.69% a year.

52-week NAV range6.4% below high
₹12.5730₹15.5290
Expense ratio
2.13%
Fund size
₹2,593.74 Cr
Min. investment
₹100

Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹12.5730 to ₹15.5290.

Regular · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.

Fund details

Expense ratio
2.13% (Regular)
Exit load
1% if redeemed within 1 year from allotment date, nil thereafter
Riskometer
Very high
Benchmark
Nifty 500 TRI (Total Returns Index)
Launched
11 Nov 2022
Fund managers
Gopal Agrawal, Amar Kalkundrikar, Bhagyesh Kagalkar

Fund size, expense ratio and minimums as of 16 Oct 2026.

All plans

PlanISINNAV1 dayExpense ratio1 year
Direct · GrowthINF179KC1DY9₹15.2360−1.06%2.13%−3.17%
Regular · GrowthINF179KC1EB5₹14.5410−1.07%2.13%−4.17%
Direct · IDCWINF179KC1DZ6₹15.2360−1.06%2.13%−3.17%
Regular · IDCWINF179KC1EC3₹14.5410−1.07%2.13%−4.17%

All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).

Armor risk check

HDFC Business Cycle Fund moves about as much as the market

Volatility, past year

This fund15%
Nifty 50015%

Worst fall, past year

This fund−17%
Nifty 500−15%

Compared with the Nifty 500 over the past 12 months.

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About this fund

HDFC Business Cycle Fund is an open-ended mutual fund from HDFC Mutual Fund, in the Sectoral/ Thematic category. It began on 11 Nov 2022. It is benchmarked to the Nifty 500 TRI (Total Returns Index). The fund manages ₹2,593.74 Cr across its plans as of 16 Oct 2026. The Regular · Growth plan has an expense ratio of 2.13%. The minimum first investment is ₹100, and SIPs are available.

FAQs

What is the NAV of HDFC Business Cycle Fund?

The NAV of HDFC Business Cycle Fund (Regular · Growth) was ₹14.5410 on 19 Oct 2026, down 1.07% from the previous NAV.

What plans does HDFC Business Cycle Fund have?

HDFC Business Cycle Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.

What is the expense ratio of HDFC Business Cycle Fund?

The Regular · Growth plan of HDFC Business Cycle Fund has an expense ratio of 2.13%.

What is the fund size (AUM) of HDFC Business Cycle Fund?

HDFC Business Cycle Fund manages ₹2,593.74 Cr across all plans as of 16 Oct 2026.

What returns has HDFC Business Cycle Fund delivered?

HDFC Business Cycle Fund returned −4.17% over 1Y, +8.69% a year over 3Y. Past performance does not guarantee future returns.

What is the exit load of HDFC Business Cycle Fund?

HDFC Business Cycle Fund: 1% if redeemed within 1 year from allotment date, nil thereafter.

What is the minimum investment and SIP amount for HDFC Business Cycle Fund?

The minimum first investment in HDFC Business Cycle Fund is ₹100, and ₹100 after that. SIPs are available (SIP available with Daily, Weekly, Monthly, Quarterly, Half Yearly and Yearly frequencies. Minimum amounts: DSIP/WSIP/MSIP - Rs.100, QSIP - Rs.1500, HSIP - Rs.2500, YSIP - Rs.5000. Minimum installments vary by frequency and amount.).

How risky is HDFC Business Cycle Fund?

HDFC Business Cycle Fund is rated "very high risk" on SEBI's riskometer.

For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

Full disclaimer

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