Direct
NAV (18-Jun-25)
₹9.99-0.18%1D
Returns (Since Inception)
-0.09%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,683 Cr
Expense Ratio
0.51%
ISIN
INF194KB1IQ6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
30 Sep 2024
About this fund
This fund has been in existence for 8 months and 20 days, having been launched on 30-Sep-24.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹9.99, Assets Under Management (AUM) of 1683.25 Crores, and an expense ratio of 0.51%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹9.99, Assets Under Management (AUM) of 1683.25 Crores, and an expense ratio of 0.51%.
- Bandhan Business Cycle Fund Direct Growth has given a CAGR return of -0.09% since inception.
- The fund's asset allocation comprises around 95.74% in equities, 0.00% in debts, and 4.26% 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.
Since Inception
-0.09%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹1,611.48 Cr | 95.74% |
| Others | ₹71.77 Cr | 4.26% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹88.33 Cr | 5.25% |
| Triparty Repo Trp_020625 | Cash - Repurchase Agreement | ₹80.01 Cr | 4.75% |
| Axis Bank Ltd | Equity | ₹72.41 Cr | 4.30% |
| Infosys Ltd | Equity | ₹52.15 Cr | 3.10% |
| Bajaj Finance Ltd | Equity | ₹46.14 Cr | 2.74% |
| Sundaram Clayton Ltd | Equity | ₹39.33 Cr | 2.34% |
| NTPC Ltd | Equity | ₹36.81 Cr | 2.19% |
| Wockhardt Ltd | Equity | ₹35.45 Cr | 2.11% |
| UPL Ltd | Equity | ₹34.98 Cr | 2.08% |
| Bharti Airtel Ltd | Equity | ₹34.22 Cr | 2.03% |
| Tata Consultancy Services Ltd | Equity | ₹33.6 Cr | 2.00% |
| City Union Bank Ltd | Equity | ₹33.19 Cr | 1.97% |
| Reliance Industries Ltd | Equity | ₹32.26 Cr | 1.92% |
| State Bank of India | Equity | ₹31.47 Cr | 1.87% |
| Larsen & Toubro Ltd | Equity | ₹30.76 Cr | 1.83% |
| Kotak Mahindra Bank Ltd | Equity | ₹27.92 Cr | 1.66% |
| Can Fin Homes Ltd | Equity | ₹26.97 Cr | 1.60% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹26.04 Cr | 1.55% |
| One97 Communications Ltd | Equity | ₹26.03 Cr | 1.55% |
| Hero MotoCorp Ltd | Equity | ₹25.61 Cr | 1.52% |
| Coromandel International Ltd | Equity | ₹24.71 Cr | 1.47% |
| Cipla Ltd | Equity | ₹23.96 Cr | 1.42% |
| InterGlobe Aviation Ltd | Equity | ₹23.06 Cr | 1.37% |
| ACME Solar Holdings Ltd | Equity | ₹22.69 Cr | 1.35% |
| Muthoot Finance Ltd | Equity | ₹22.54 Cr | 1.34% |
| Wipro Ltd | Equity | ₹22.17 Cr | 1.32% |
| Fortis Healthcare Ltd | Equity | ₹21.6 Cr | 1.28% |
| Swiggy Ltd | Equity | ₹21.37 Cr | 1.27% |
| KEC International Ltd | Equity | ₹20.61 Cr | 1.22% |
| Godrej Properties Ltd | Equity | ₹20.1 Cr | 1.19% |
| SBI Life Insurance Co Ltd | Equity | ₹18.92 Cr | 1.12% |
| REC Ltd | Equity | ₹18.76 Cr | 1.11% |
| Power Mech Projects Ltd | Equity | ₹18.66 Cr | 1.11% |
| IDFC First Bank Ltd | Equity | ₹17.9 Cr | 1.06% |
| Shriram Finance Ltd | Equity | ₹17.77 Cr | 1.06% |
| PTC India Financial Services Ltd | Equity | ₹17.65 Cr | 1.05% |
| Mphasis Ltd | Equity | ₹17.3 Cr | 1.03% |
| The Federal Bank Ltd | Equity | ₹17.25 Cr | 1.02% |
| Epigral Ltd | Equity | ₹17.01 Cr | 1.01% |
| UltraTech Cement Ltd | Equity | ₹16.68 Cr | 0.99% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹16.57 Cr | 0.98% |
| PNC Infratech Ltd | Equity | ₹15.94 Cr | 0.95% |
| Granules India Ltd | Equity | ₹15.62 Cr | 0.93% |
| GMR Airports Ltd | Equity | ₹15.48 Cr | 0.92% |
| Godrej Consumer Products Ltd | Equity | ₹15.13 Cr | 0.90% |
| NTPC Green Energy Ltd | Equity | ₹13.9 Cr | 0.83% |
| Jindal Saw Ltd | Equity | ₹13.86 Cr | 0.82% |
| Torrent Power Ltd | Equity | ₹13.24 Cr | 0.79% |
| Macrotech Developers Ltd | Equity | ₹13.07 Cr | 0.78% |
| Zydus Lifesciences Ltd | Equity | ₹12.44 Cr | 0.74% |
| Jubilant Pharmova Ltd | Equity | ₹12.26 Cr | 0.73% |
| JSW Energy Ltd | Equity | ₹11.45 Cr | 0.68% |
| Steel Authority Of India Ltd | Equity | ₹11.06 Cr | 0.66% |
| Bank of Baroda | Equity | ₹11.01 Cr | 0.65% |
| Eicher Motors Ltd | Equity | ₹11.01 Cr | 0.65% |
| Bharat Electronics Ltd | Equity | ₹10.76 Cr | 0.64% |
| Net Receivables/Payables | Cash - Collateral | ₹-10.71 Cr | 0.64% |
| Tata Technologies Ltd | Equity | ₹10.24 Cr | 0.61% |
| Baazar Style Retail Ltd | Equity | ₹10.24 Cr | 0.61% |
| Arvind Fashions Ltd | Equity | ₹9.89 Cr | 0.59% |
| Metropolis Healthcare Ltd | Equity | ₹9.83 Cr | 0.58% |
| Cummins India Ltd | Equity | ₹9.23 Cr | 0.55% |
| Unimech Aerospace And Manufacturing Ltd | Equity | ₹9 Cr | 0.53% |
| Info Edge (India) Ltd | Equity | ₹8.8 Cr | 0.52% |
| Gujarat State Petronet Ltd | Equity | ₹8.79 Cr | 0.52% |
| CG Power & Industrial Solutions Ltd | Equity | ₹8.77 Cr | 0.52% |
| PB Fintech Ltd | Equity | ₹8.76 Cr | 0.52% |
| Laurus Labs Ltd | Equity | ₹8.72 Cr | 0.52% |
| IndusInd Bank Ltd | Equity | ₹8.65 Cr | 0.51% |
| KNR Constructions Ltd | Equity | ₹8.4 Cr | 0.50% |
| Birlasoft Ltd | Equity | ₹8.1 Cr | 0.48% |
| Bajaj Finserv Ltd | Equity | ₹8.04 Cr | 0.48% |
| TeamLease Services Ltd | Equity | ₹8 Cr | 0.48% |
| Texmaco Rail & Engineering Ltd | Equity | ₹7.94 Cr | 0.47% |
| Aurobindo Pharma Ltd | Equity | ₹7.93 Cr | 0.47% |
| Dixon Technologies (India) Ltd | Equity | ₹7.91 Cr | 0.47% |
| Mahanagar Gas Ltd | Equity | ₹7.86 Cr | 0.47% |
| ITC Ltd | Equity | ₹7.64 Cr | 0.45% |
| JSW Steel Ltd | Equity | ₹7.51 Cr | 0.45% |
| Varun Beverages Ltd | Equity | ₹6.67 Cr | 0.40% |
| Elecon Engineering Co Ltd | Equity | ₹6.58 Cr | 0.39% |
| Maruti Suzuki India Ltd | Equity | ₹6.23 Cr | 0.37% |
| GPT Infraprojects Ltd | Equity | ₹5.82 Cr | 0.35% |
| Kirloskar Brothers Ltd | Equity | ₹5.68 Cr | 0.34% |
| GAIL (India) Ltd | Equity | ₹5.6 Cr | 0.33% |
| Britannia Industries Ltd | Equity | ₹5.51 Cr | 0.33% |
| Hi-Tech Pipes Ltd | Equity | ₹4.89 Cr | 0.29% |
| Fusion Finance Ltd Ordinary Shares (Partly Paid Rs. 5) | Equity | ₹4.73 Cr | 0.28% |
| Arvind Ltd | Equity | ₹3.97 Cr | 0.24% |
| Kolte-Patil Developers Ltd | Equity | ₹3.61 Cr | 0.21% |
| Aether Industries Ltd | Equity | ₹3.12 Cr | 0.19% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹2.16 Cr | 0.13% |
| Cash Margin - Derivatives | Cash - Collateral | ₹2 Cr | 0.12% |
| Himadri Speciality Chemical Ltd | Equity | ₹1.97 Cr | 0.12% |
| UPL Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹1.95 Cr | 0.12% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹1.94 Cr | 0.12% |
| Greenpanel Industries Ltd Ordinary Shares | Equity | ₹1.84 Cr | 0.11% |
| Indo Count Industries Ltd | Equity | ₹1.34 Cr | 0.08% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0.44 Cr | 0.03% |
| Union Bank of India | Equity | ₹0.42 Cr | 0.03% |
| Endurance Technologies Ltd | Equity | ₹0.06 Cr | 0.00% |
| Cash / Bank Balance | Cash - Collateral | ₹0.04 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.87%
Mid Cap Stocks
18.10%
Small Cap Stocks
25.76%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹515.39 Cr | 30.62% |
| Industrials | ₹271.99 Cr | 16.16% |
| Technology | ₹177.49 Cr | 10.54% |
| Healthcare | ₹147.81 Cr | 8.78% |
| Basic Materials | ₹141.75 Cr | 8.42% |
| Utilities | ₹120.32 Cr | 7.15% |
| Consumer Cyclical | ₹89.71 Cr | 5.33% |
| Communication Services | ₹43.02 Cr | 2.56% |
| Real Estate | ₹36.78 Cr | 2.19% |
| Consumer Defensive | ₹34.95 Cr | 2.08% |
| Energy | ₹32.26 Cr | 1.92% |
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
Since September 2024
Vishal Biraia
Since September 2024
RB
Ritika Behera
Since September 2024
GS
Gaurav Satra
Since September 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF194KB1IQ6 | Expense Ratio | 0.51% | Exit Load | No Charges | Fund Size | ₹1,683 Cr | Age | 8 months | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Nifty India Tourism ETF Very High Risk | - | - | - | - |
| Motilal Oswal Nifty India Manufacturing ETF Very High Risk | - | - | ₹5.27 Cr | - |
| Motilal Oswal Services Fund Direct Growth Very High Risk | - | 1.0% | - | - |
| Motilal Oswal Services Fund Regular Growth Very High Risk | - | 1.0% | - | - |
| ICICI Prudential Quality Fund Direct Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| ICICI Prudential Quality Fund Regular Growth Very High Risk | - | 1.0% | ₹1801.45 Cr | - |
| Motilal Oswal Nifty Capital Market ETF Very High Risk | 0.3% | - | ₹4.63 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | 0.2% | - | ₹18.06 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹9.66 Cr | - |
| Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk | 0.2% | 0.0% | ₹9.66 Cr | - |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Bandhan Business Cycle Fund Direct Growth?
The NAV of Bandhan Business Cycle Fund Direct Growth, as of 18-Jun-2025, is ₹9.99.
What is the portfolio composition of Bandhan Business Cycle Fund Direct Growth?
The fund's allocation of assets is distributed as 95.74% in equities, 0.00% in bonds, and 4.26% in cash and cash equivalents.
Who manages the Bandhan Business Cycle Fund Direct Growth?
The fund managers responsible for Bandhan Business Cycle Fund Direct Growth are:-
- Harshal Joshi
- Vishal Biraia
- Ritika Behera
- Gaurav Satra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.