- Manager
- Ckredence Wealth Management
- Service
- Discretionary
- Asset class
- Equity
Business Cycle Fund
+11.82%
1-year return
Benchmark NIFTY 50 TRI −7.09% · to 30 Sep 2026
Ckredence Wealth Management’s Business Cycle Fund returned 11.82% over the year to 30 Sep 2026, against −7.09% for its benchmark, the NIFTY 50 TRI. It managed ₹217 crore across its clients.
Key numbers
- AUM
- ₹217 Cr
- Benchmark
- NIFTY 50 TRI
- Turnover, past year
- 1.63×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | NIFTY 50 TRI | Difference |
|---|---|---|---|
| 1 month | −4.78% | −6.03% | +1.25% |
| 3 months | −0.49% | −4.91% | +4.42% |
| 6 months | +24.58% | +2.13% | +22.45% |
| 1 year | +11.82% | −7.09% | +18.91% |
| 2 years | +5.18% | −5.29% | +10.47% |
| Since inception | +15.25% | +6.60% | +8.65% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Listed equity83.89%₹182 Cr
- Cash and other11.22%₹24.33 Cr
- Mutual funds4.89%₹10.61 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹5.31 Cr
- Outflow, Sep 2026
- ₹0.37 Cr
- Net, Sep 2026
- ₹4.94 Cr
- Net, FY to date
- ₹56.21 Cr
- Turnover, month
- 0.05×
- Turnover, past year
- 1.63×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Business Cycle Fund returned?
11.82% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −4.78%; 3 months: −0.49%; 6 months: 24.58%; 1 year: 11.82%; 2 years: 5.18%; Since inception: 15.25%.
How has it done against its benchmark?
Its benchmark, the NIFTY 50 TRI, returned −7.09% over the year, so the strategy was 18.91 percentage points ahead.
How much does Business Cycle Fund manage?
₹217 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages Business Cycle Fund?
Ckredence Wealth Management, a SEBI-registered portfolio manager (INP000007164), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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