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Fund Overview

Fund Size

Fund Size

₹1,108 Cr

Expense Ratio

Expense Ratio

0.71%

ISIN

ISIN

INF194KB1IQ6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

30 Sep 2024

About this fund

Bandhan Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 1 years, 7 months and 6 days, having been launched on 30-Sep-24.
As of 05-May-26, it has a Net Asset Value (NAV) of ₹9.78, Assets Under Management (AUM) of 1108.43 Crores, and an expense ratio of 0.71%.
  • Bandhan Business Cycle Fund Direct Growth has given a CAGR return of -1.38% since inception.
  • The fund's asset allocation comprises around 97.74% in equities, 0.00% in debts, and 2.26% in cash & cash equivalents.
  • You can start investing in Bandhan Business Cycle Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+2.97%

(Cat Avg.)

Since Inception

-1.38%

(Cat Avg.)

Portfolio Summaryas of 31st March 2026

Equity1,083.34 Cr97.74%
Others25.09 Cr2.26%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity56 Cr5.05%
Axis Bank LtdEquity55.13 Cr4.97%
Bharti Airtel LtdEquity40.63 Cr3.67%
Infosys LtdEquity37.44 Cr3.38%
NTPC LtdEquity36.56 Cr3.30%
Reliance Industries LtdEquity33.92 Cr3.06%
Larsen & Toubro LtdEquity33.53 Cr3.03%
Bajaj Finance LtdEquity32.13 Cr2.90%
Triparty Repo Trp_020426_valCash - Repurchase Agreement28.28 Cr2.55%
One97 Communications LtdEquity28.25 Cr2.55%
ICICI Bank LtdEquity26.91 Cr2.43%
State Bank of IndiaEquity26.68 Cr2.41%
Wockhardt LtdEquity21.81 Cr1.97%
Coromandel International LtdEquity21.05 Cr1.90%
InterGlobe Aviation LtdEquity19.13 Cr1.73%
City Union Bank LtdEquity18.4 Cr1.66%
Tata Consultancy Services LtdEquity18.37 Cr1.66%
Kotak Mahindra Bank LtdEquity18.23 Cr1.64%
Hero MotoCorp LtdEquity17.53 Cr1.58%
Fortis Healthcare LtdEquity17.22 Cr1.55%
Sundaram Clayton LtdEquity16.8 Cr1.52%
Wipro LtdEquity16.78 Cr1.51%
Mphasis LtdEquity16.44 Cr1.48%
ACME Solar Holdings LtdEquity16.15 Cr1.46%
Cipla LtdEquity15.72 Cr1.42%
IDFC First Bank LtdEquity15.67 Cr1.41%
Adani Ports & Special Economic Zone LtdEquity15.06 Cr1.36%
Shriram Finance LtdEquity14.98 Cr1.35%
UltraTech Cement LtdEquity14.74 Cr1.33%
UPL LtdEquity13.7 Cr1.24%
Tega Industries LtdEquity12.49 Cr1.13%
KEC International LtdEquity12.29 Cr1.11%
Can Fin Homes LtdEquity12.22 Cr1.10%
Maruti Suzuki India LtdEquity12.18 Cr1.10%
PTC India Financial Services LtdEquity11.35 Cr1.02%
Aurobindo Pharma LtdEquity11.29 Cr1.02%
Tata Power Co LtdEquity10.88 Cr0.98%
Swiggy LtdEquity10.27 Cr0.93%
Godrej Properties LtdEquity10.09 Cr0.91%
Fusion Finance LtdEquity9.93 Cr0.90%
Power Mech Projects LtdEquity9.84 Cr0.89%
IndusInd Bank LtdEquity9.82 Cr0.89%
Metropolis Healthcare LtdEquity9.1 Cr0.82%
PB Fintech LtdEquity8.73 Cr0.79%
Bharat Electronics LtdEquity8.55 Cr0.77%
Varun Beverages LtdEquity8.51 Cr0.77%
Net Receivables/PayablesCash - Collateral-8.48 Cr0.76%
SBI Life Insurance Co LtdEquity8.11 Cr0.73%
Vedanta LtdEquity8.11 Cr0.73%
NTPC Green Energy LtdEquity8.07 Cr0.73%
Arvind Fashions LtdEquity8.01 Cr0.72%
IIFL Finance LtdEquity7.89 Cr0.71%
GMR Airports LtdEquity7.86 Cr0.71%
Torrent Power LtdEquity7.43 Cr0.67%
Phoenix Mills LtdEquity7.15 Cr0.65%
PNC Infratech LtdEquity7.09 Cr0.64%
Epigral LtdEquity6.95 Cr0.63%
Divi's Laboratories LtdEquity6.53 Cr0.59%
CG Power & Industrial Solutions LtdEquity6.44 Cr0.58%
JSW Energy LtdEquity6.16 Cr0.56%
Thirumalai Chemicals LtdEquity5.97 Cr0.54%
Tata Technologies LtdEquity5.87 Cr0.53%
Lodha Developers LtdEquity5.45 Cr0.49%
Ujjivan Small Finance Bank Ltd Ordinary SharesEquity5.31 Cr0.48%
Cummins India LtdEquity5.23 Cr0.47%
Cash Margin - DerivativesCash - Collateral5 Cr0.45%
ITC LtdEquity4.62 Cr0.42%
Kirloskar Brothers LtdEquity4.53 Cr0.41%
TeamLease Services LtdEquity4.38 Cr0.40%
KNR Constructions LtdEquity4.36 Cr0.39%
Tata Consumer Products LtdEquity4.36 Cr0.39%
Jindal Saw LtdEquity4.35 Cr0.39%
Bharat Heavy Electricals LtdEquity4.25 Cr0.38%
Ambuja Cements LtdEquity4.18 Cr0.38%
Garware Technical Fibres LtdEquity4.06 Cr0.37%
Angel One Ltd Ordinary SharesEquity4.02 Cr0.36%
GPT Infraprojects LtdEquity3.95 Cr0.36%
Hindustan Zinc LtdEquity3.81 Cr0.34%
Siemens LtdEquity2.83 Cr0.26%
Life Insurance Corporation of IndiaEquity2.77 Cr0.25%
BSE LtdEquity2.77 Cr0.25%
Excelsoft Technologies LtdEquity2.75 Cr0.25%
Chalet Hotels LtdEquity2.72 Cr0.25%
Jio Financial Services LtdEquity2.72 Cr0.25%
HDFC Life Insurance Co LtdEquity2.71 Cr0.24%
GAIL (India) LtdEquity2.65 Cr0.24%
Multi Commodity Exchange of India LtdEquity1.6 Cr0.14%
Dalmia Bharat LtdEquity1.1 Cr0.10%
Cohance Lifesciences LtdEquity0.99 Cr0.09%
Arvind LtdEquity0.39 Cr0.03%
Jubilant Pharmova LtdEquity0.34 Cr0.03%
Cash Margin - CcilCash - Repurchase Agreement0.17 Cr0.01%
Cash / Bank BalanceCash - Collateral0.12 Cr0.01%
Punjab National BankEquity0.03 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

57.75%

Mid Cap Stocks

18.85%

Small Cap Stocks

21.14%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services354.09 Cr31.95%
Industrials178.62 Cr16.11%
Technology125.9 Cr11.36%
Utilities87.9 Cr7.93%
Basic Materials83.94 Cr7.57%
Healthcare83 Cr7.49%
Consumer Cyclical55.15 Cr4.98%
Communication Services40.63 Cr3.67%
Energy33.92 Cr3.06%
Real Estate22.69 Cr2.05%
Consumer Defensive17.49 Cr1.58%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Harshal Joshi

Harshal Joshi

Since September 2024

Vishal Biraia

Vishal Biraia

Since September 2024

RB

Ritika Behera

Since September 2024

GS

Gaurav Satra

Since September 2024

Additional Scheme Detailsas of 31st March 2026

ISIN
INF194KB1IQ6
Expense Ratio
0.71%
Exit Load
No Charges
Fund Size
₹1,108 Cr
Age
1 year 7 months
Lumpsum Minimum
₹1,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
Titanium Equity Long-Short Fund Regular Growth

Very High Risk

-1.0%--
Titanium Equity Long-Short Fund Direct Growth

Very High Risk

-1.0%--
qsif Sector Rotation Long-Short Fund Regular Growth

Very High Risk

-1.0%--
qsif Sector Rotation Long-Short Fund Direct Growth

Very High Risk

-1.0%--
Sapphire Equity Long-Short SIF Regular Growth

Very High Risk

-1.0%--
Sapphire Equity Long-Short SIF Direct Growth

Very High Risk

-1.0%--
DynaSIF Active Asset Allocator Long-Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹130.72 Cr-
DynaSIF Active Asset Allocator Long-Short Fund Regular Growth

Low to Moderate Risk

-0.0%₹130.72 Cr-
Apex Hybrid Long-Short Fund Regular Growth

Low to Moderate Risk

-0.0%₹63.25 Cr-
Apex Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹63.25 Cr-
Arudha Equity Long-Short Fund Regular Growth

Very High Risk

-0.0%₹39.30 Cr-
Arudha Equity Long-Short Fund Direct Growth

Very High Risk

-0.0%₹39.30 Cr-
SBI Nifty Midcap 150 Momentum 50 ETF

Very High Risk

0.3%-₹6.68 Cr-
ITI Business Cycle Fund Regular Growth

Very High Risk

2.3%0.0%₹92.78 Cr-
ITI Business Cycle Fund Direct Growth

Very High Risk

0.5%0.0%₹92.78 Cr-
DynaSIF Equity Long - Short Fund Regular Growth

High Risk

-0.0%₹153.58 Cr-
DynaSIF Equity Long - Short Fund Direct Growth

High Risk

-0.0%₹153.58 Cr-
Mirae Asset BSE India Defence ETF

Very High Risk

0.3%-₹46.83 Cr-
Kotak Services Fund Regular Growth

Very High Risk

2.4%0.0%₹712.06 Cr-
Kotak Services Fund Direct Growth

Very High Risk

0.9%0.0%₹712.06 Cr-
SBI Quality Fund Direct Growth

Very High Risk

1.0%1.0%₹2095.53 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.5%0.0%₹28.45 Cr-
Mirae Asset BSE India Defence ETF FOF Regular Growth

Very High Risk

1.0%0.0%₹28.45 Cr-
SBI Quality Fund Regular Growth

Very High Risk

2.1%1.0%₹2095.53 Cr-
Motilal Oswal Nifty MNC ETF

Very High Risk

0.5%-₹2.07 Cr-
JioBlackRock Sector Rotation Fund Direct Growth

Very High Risk

0.5%0.0%₹117.91 Cr-
Groww Nifty PSE ETF FOF Regular Growth

Very High Risk

0.6%0.0%₹10.86 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.3%0.0%₹10.86 Cr-
Groww Nifty PSE ETF

Very High Risk

0.5%-₹16.55 Cr-
Mahindra Manulife Innovation Opportunities Fund Direct Growth

Very High Risk

0.5%0.0%₹157.58 Cr-
Mahindra Manulife Innovation Opportunities Fund Regular Growth

Very High Risk

2.4%0.0%₹157.58 Cr-
Groww Nifty Chemicals ETF

Very High Risk

0.4%-₹7.00 Cr-
DSP MSCI INDIA ETF

Very High Risk

0.4%-₹3.00 Cr-
Kotak Rural Opportunities Fund Regular Growth

Very High Risk

2.3%0.0%₹759.93 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.7%0.0%₹759.93 Cr-
ICICI Prudential Conglomerate Fund Regular Growth

Moderately High risk

2.4%1.0%₹736.28 Cr-
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.3%1.0%₹736.28 Cr-
The Wealth Company Ethical Fund Direct Growth

Very High Risk

0.8%0.0%₹33.71 Cr-
The Wealth Company Ethical Fund Regular Growth

Very High Risk

2.3%0.0%₹33.71 Cr-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth

Very High Risk

0.6%1.0%₹621.82 Cr-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth

Very High Risk

2.3%1.0%₹621.82 Cr-
Motilal Oswal Nifty Alpha 50 ETF

Very High Risk

0.5%-₹5.78 Cr-
Kotak Active Momentum Fund Direct Growth

Very High Risk

0.8%0.0%₹1303.76 Cr-
Kotak Active Momentum Fund Regular Growth

Very High Risk

2.1%0.0%₹1303.76 Cr-
Motilal Oswal Special Opportunities Fund Direct Growth

Very High Risk

2.4%1.0%₹60.10 Cr-
Motilal Oswal Special Opportunities Fund Regular Growth

Very High Risk

2.5%1.0%₹60.10 Cr-
Bandhan Multi-Factor Fund Regular Growth

Very High Risk

2.4%0.0%₹595.52 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.7%0.0%₹595.52 Cr-
ICICI Prudential Active Momentum Fund Direct Growth

Moderate Risk

1.1%1.0%₹1691.07 Cr-
ICICI Prudential Active Momentum Fund Regular Growth

Moderate Risk

2.1%1.0%₹1691.07 Cr-

About the AMC

Bandhan Mutual Fund

Bandhan Mutual Fund

Total AUM

₹1,82,300 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Arudha Equity Long-Short Fund Direct Growth

Very High Risk

-0.0%₹39.30 Cr-
Bandhan Gold ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹135.46 Cr-
Bandhan Silver ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹143.00 Cr-
Arudha Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹65.31 Cr-
Bandhan Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹273.07 Cr-
Bandhan BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.3%0.0%₹24.33 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.7%0.0%₹595.52 Cr-
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹419.90 Cr6.7%
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth

Moderate Risk

0.1%0.0%₹0.39 Cr4.5%
Bandhan Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹24.68 Cr8.7%
Bandhan Fixed Maturity Plan (FMP) - Series 209 (93 Days) Direct Growth

Low to Moderate Risk

-0.0%--
Bandhan Nifty Alpha Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹8.43 Cr-1.4%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹10.15 Cr3.5%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹27.64 Cr3.1%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹27.91 Cr23.3%
Bandhan Business Cycle Fund Direct Growth

Very High Risk

0.7%0.0%₹1108.43 Cr3.0%
Bandhan Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹30.32 Cr10.9%
Bandhan BSE Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹16.00 Cr7.2%
Bandhan Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹17.60 Cr-0.2%
Bandhan Nifty Total Market Index Fund Direct Growth

Very High Risk

0.4%0.0%₹36.90 Cr3.5%
Bandhan Innovation Fund Direct Growth

Very High Risk

0.7%0.0%₹1799.96 Cr15.4%
Bandhan Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹83.81 Cr-1.5%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%0.0%₹2939.69 Cr20.7%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹67.45 Cr9.2%
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹453.62 Cr7.1%
Bandhan Retirement Fund Direct Growth

Moderately High risk

0.7%0.0%₹171.77 Cr3.1%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹27.44 Cr-17.5%
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Low to Moderate Risk

-0.0%₹334.47 Cr5.0%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹556.62 Cr5.4%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹12083.14 Cr6.3%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹14108.57 Cr10.8%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹2103.29 Cr0.9%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1820.86 Cr3.6%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.1%1.0%₹17.89 Cr9.2%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderately High risk

0.5%0.0%₹1852.66 Cr1.1%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1809.95 Cr7.8%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.3%0.0%₹331.28 Cr2.3%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

1.0%0.0%₹1277.67 Cr5.1%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.0%0.0%₹95.33 Cr2.4%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.7%0.0%₹1328.86 Cr4.3%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹450.69 Cr2.2%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13437.11 Cr6.6%
Bandhan Bond Fund - Short Term Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹8611.82 Cr5.4%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹2228.31 Cr-0.8%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹9041.82 Cr2.4%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹6651.14 Cr3.8%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Low Risk

0.1%0.0%₹92.81 Cr6.4%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.7%0.0%₹6273.86 Cr4.2%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of Bandhan Business Cycle Fund Direct Growth?

img
The NAV of Bandhan Business Cycle Fund Direct Growth, as of 05-May-2026, is ₹9.78.
The fund's allocation of assets is distributed as 97.74% in equities, 0.00% in bonds, and 2.26% in cash and cash equivalents.
The fund managers responsible for Bandhan Business Cycle Fund Direct Growth are:-
  1. Harshal Joshi
  2. Vishal Biraia
  3. Ritika Behera
  4. Gaurav Satra
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