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Fund Overview

Fund Size

Fund Size

₹1,227 Cr

Expense Ratio

Expense Ratio

0.53%

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, 8 months and 11 days, having been launched on 30-Sep-24.
As of 09-Jun-26, it has a Net Asset Value (NAV) of ₹9.62, Assets Under Management (AUM) of 1226.70 Crores, and an expense ratio of 0.53%.
  • Bandhan Business Cycle Fund Direct Growth has given a CAGR return of -2.30% since inception.
  • The fund's asset allocation comprises around 96.78% in equities, 0.00% in debts, and 3.22% 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

-4.90%

(Cat Avg.)

Since Inception

-2.30%

(Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity1,187.17 Cr96.78%
Others39.53 Cr3.22%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Triparty Repo Trp_040526Cash - Repurchase Agreement64.63 Cr5.27%
Axis Bank LtdEquity59.58 Cr4.86%
HDFC Bank LtdEquity58.46 Cr4.77%
Reliance Industries LtdEquity48.96 Cr3.99%
Bharti Airtel LtdEquity42.56 Cr3.47%
Larsen & Toubro LtdEquity39.24 Cr3.20%
NTPC LtdEquity38.96 Cr3.18%
Bajaj Finance LtdEquity37.16 Cr3.03%
Infosys LtdEquity34.46 Cr2.81%
ICICI Bank LtdEquity34 Cr2.77%
One97 Communications LtdEquity31.94 Cr2.60%
Net Receivables/PayablesCash - Collateral-30.52 Cr2.49%
State Bank of IndiaEquity30.38 Cr2.48%
Wockhardt LtdEquity22.71 Cr1.85%
Kotak Mahindra Bank LtdEquity22.62 Cr1.84%
City Union Bank LtdEquity20.5 Cr1.67%
Sundaram Clayton LtdEquity19.85 Cr1.62%
Fortis Healthcare LtdEquity19.79 Cr1.61%
Coromandel International LtdEquity19.26 Cr1.57%
Adani Ports & Special Economic Zone LtdEquity18.82 Cr1.53%
InterGlobe Aviation LtdEquity18.28 Cr1.49%
Tata Consultancy Services LtdEquity17.49 Cr1.43%
Shriram Finance LtdEquity15.93 Cr1.30%
Mphasis LtdEquity15.78 Cr1.29%
UltraTech Cement LtdEquity15.73 Cr1.28%
IDFC First Bank LtdEquity15.24 Cr1.24%
GMR Airports LtdEquity14.99 Cr1.22%
PTC India Financial Services LtdEquity14.73 Cr1.20%
ACME Solar Holdings LtdEquity14.27 Cr1.16%
Wipro LtdEquity14.15 Cr1.15%
Power Mech Projects LtdEquity13.95 Cr1.14%
KEC International LtdEquity13.33 Cr1.09%
UPL LtdEquity12.88 Cr1.05%
Fusion Finance LtdEquity12.79 Cr1.04%
Bharat Electronics LtdEquity12.79 Cr1.04%
Tata Power Co LtdEquity12.64 Cr1.03%
Tega Industries LtdEquity12.51 Cr1.02%
Hero MotoCorp LtdEquity12.38 Cr1.01%
Godrej Properties LtdEquity12.37 Cr1.01%
IIFL Finance LtdEquity12.26 Cr1.00%
Maruti Suzuki India LtdEquity12 Cr0.98%
Aurobindo Pharma LtdEquity10.66 Cr0.87%
Swiggy LtdEquity10.57 Cr0.86%
IndusInd Bank LtdEquity10.52 Cr0.86%
Cipla LtdEquity10.4 Cr0.85%
Epigral LtdEquity10.31 Cr0.84%
Can Fin Homes LtdEquity10.18 Cr0.83%
Metropolis Healthcare LtdEquity9.89 Cr0.81%
Torrent Power LtdEquity9.51 Cr0.78%
NTPC Green Energy LtdEquity9.5 Cr0.77%
PB Fintech LtdEquity9.34 Cr0.76%
Varun Beverages LtdEquity9.19 Cr0.75%
Arvind Fashions LtdEquity8.7 Cr0.71%
Phoenix Mills LtdEquity8.53 Cr0.70%
SBI Life Insurance Co LtdEquity8.26 Cr0.67%
CG Power & Industrial Solutions LtdEquity7.92 Cr0.65%
Thirumalai Chemicals LtdEquity7.37 Cr0.60%
Divi's Laboratories LtdEquity7.06 Cr0.58%
Lodha Developers LtdEquity6.94 Cr0.57%
Tata Technologies LtdEquity6.64 Cr0.54%
HDFC Life Insurance Co LtdEquity6.28 Cr0.51%
Cummins India LtdEquity6.06 Cr0.49%
Ujjivan Small Finance Bank Ltd Ordinary SharesEquity5.94 Cr0.48%
Kirloskar Brothers LtdEquity5.79 Cr0.47%
United Spirits LtdEquity5.53 Cr0.45%
PNC Infratech LtdEquity5.42 Cr0.44%
Jindal Saw LtdEquity5.23 Cr0.43%
Cash Margin - DerivativesCash - Repurchase Agreement5 Cr0.41%
Tata Consumer Products LtdEquity4.86 Cr0.40%
KNR Constructions LtdEquity4.78 Cr0.39%
JSW Energy LtdEquity4.73 Cr0.39%
TeamLease Services LtdEquity4.73 Cr0.39%
GPT Infraprojects LtdEquity4.61 Cr0.38%
Hindustan Zinc LtdEquity4.57 Cr0.37%
Garware Technical Fibres LtdEquity4.25 Cr0.35%
Angel One Ltd Ordinary SharesEquity4.14 Cr0.34%
Ambuja Cements LtdEquity3.97 Cr0.32%
Excelsoft Technologies LtdEquity3.71 Cr0.30%
Life Insurance Corporation of IndiaEquity3.57 Cr0.29%
Vedanta LtdEquity3.33 Cr0.27%
FSN E-Commerce Ventures LtdEquity3.13 Cr0.25%
Titan Co LtdEquity3.06 Cr0.25%
Bharat Heavy Electricals LtdEquity3.02 Cr0.25%
Jio Financial Services LtdEquity2.96 Cr0.24%
Union Bank of IndiaEquity2.82 Cr0.23%
Siemens LtdEquity1.89 Cr0.15%
Chalet Hotels LtdEquity1.85 Cr0.15%
Dalmia Bharat LtdEquity1.72 Cr0.14%
Cohance Lifesciences LtdEquity1.56 Cr0.13%
^^Malco Energy LimitedEquity1.48 Cr0.12%
^^Talwandi Sabo Power LimitedEquity1.48 Cr0.12%
^^Vedanta Aluminium Metal LimitedEquity1.48 Cr0.12%
^^Vedanta Iron And Steel LimitedEquity1.48 Cr0.12%
Cash Margin - CcilCash - Repurchase Agreement0.39 Cr0.03%
SBFC Finance LtdEquity0.36 Cr0.03%
Orchid Pharma LtdEquity0.2 Cr0.02%
Cash / Bank BalanceCash - Repurchase Agreement0.02 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

56.23%

Mid Cap Stocks

18.67%

Small Cap Stocks

21.40%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services398 Cr32.45%
Industrials207.96 Cr16.95%
Technology124.17 Cr10.12%
Utilities89.61 Cr7.30%
Basic Materials84.36 Cr6.88%
Healthcare82.26 Cr6.71%
Consumer Cyclical55.94 Cr4.56%
Energy48.96 Cr3.99%
Communication Services42.56 Cr3.47%
Real Estate27.83 Cr2.27%
Consumer Defensive19.58 Cr1.60%

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

BS

Brijesh Shah

Since October 2024

Vishal Biraia

Vishal Biraia

Since September 2024

RB

Ritika Behera

Since September 2024

GS

Gaurav Satra

Since September 2024

Additional Scheme Detailsas of 30th April 2026

ISIN
INF194KB1IQ6
Expense Ratio
0.53%
Exit Load
No Charges
Fund Size
₹1,227 Cr
Age
1 year 8 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

2.5%1.0%--
qsif Sector Rotation Long-Short Fund Direct Growth

Very High Risk

0.9%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%--
WSIF Equity Long-Short Fund Regular Growth

Very High Risk

-0.0%--
WSIF Equity Ex-Top 100 Long-Short Fund Regular Growth

Very High Risk

-0.0%--
WSIF Equity Long-Short Fund Direct Growth

Very High Risk

-0.0%--
WSIF Equity Ex-Top 100 Long-Short Fund Direct Growth

Very High Risk

-0.0%--
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

0.6%0.0%₹68.12 Cr-
Arudha Equity Long-Short Fund Direct Growth

Very High Risk

0.3%0.0%₹68.12 Cr-
SBI Nifty Midcap 150 Momentum 50 ETF

Very High Risk

0.3%-₹8.42 Cr-
ITI Business Cycle Fund Regular Growth

Very High Risk

2.4%0.0%₹103.16 Cr-
ITI Business Cycle Fund Direct Growth

Very High Risk

0.6%0.0%₹103.16 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%-₹76.36 Cr-
Kotak Services Fund Regular Growth

Very High Risk

2.4%0.0%₹743.73 Cr-
Kotak Services Fund Direct Growth

Very High Risk

0.9%0.0%₹743.73 Cr-
SBI Quality Fund Direct Growth

Very High Risk

0.8%1.0%₹2306.43 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹46.04 Cr-
Mirae Asset BSE India Defence ETF FOF Regular Growth

Very High Risk

0.8%0.0%₹46.04 Cr-
SBI Quality Fund Regular Growth

Very High Risk

2.0%1.0%₹2306.43 Cr-
Motilal Oswal Nifty MNC ETF

Very High Risk

0.5%-₹2.38 Cr-
JioBlackRock Sector Rotation Fund Direct Growth

Very High Risk

0.4%0.0%₹142.82 Cr-
Groww Nifty PSE ETF FOF Regular Growth

Very High Risk

0.5%0.0%₹12.08 Cr-
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹12.08 Cr-
Groww Nifty PSE ETF

Very High Risk

0.6%-₹18.22 Cr-
Mahindra Manulife Innovation Opportunities Fund Direct Growth

Very High Risk

0.5%0.0%₹181.38 Cr-
Mahindra Manulife Innovation Opportunities Fund Regular Growth

Very High Risk

2.1%0.0%₹181.38 Cr-
Groww Nifty Chemicals ETF

Very High Risk

0.7%-₹8.70 Cr-
DSP MSCI INDIA ETF

Very High Risk

0.3%-₹3.27 Cr-
Kotak Rural Opportunities Fund Regular Growth

Very High Risk

2.3%0.0%₹827.75 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.7%0.0%₹827.75 Cr-
ICICI Prudential Conglomerate Fund Regular Growth

Moderately High risk

2.0%1.0%₹824.01 Cr-
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.0%1.0%₹824.01 Cr-
The Wealth Company Ethical Fund Direct Growth

Very High Risk

0.6%0.0%₹37.57 Cr-
The Wealth Company Ethical Fund Regular Growth

Very High Risk

2.0%0.0%₹37.57 Cr-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth

Very High Risk

0.7%1.0%₹679.85 Cr-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth

Very High Risk

2.0%1.0%₹679.85 Cr-
Motilal Oswal Nifty Alpha 50 ETF

Very High Risk

0.5%-₹6.38 Cr-
Kotak Active Momentum Fund Direct Growth

Very High Risk

0.8%0.0%₹1441.83 Cr-
Kotak Active Momentum Fund Regular Growth

Very High Risk

2.1%0.0%₹1441.83 Cr-
Motilal Oswal Special Opportunities Fund Direct Growth

Very High Risk

2.4%1.0%₹69.74 Cr-
Motilal Oswal Special Opportunities Fund Regular Growth

Very High Risk

2.5%1.0%₹69.74 Cr-

About the AMC

Bandhan Mutual Fund

Bandhan Mutual Fund

Total AUM

₹2,03,935 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

0.3%0.0%₹68.12 Cr-
Bandhan Gold ETF FOF Direct Growth

High Risk

0.1%0.0%₹145.68 Cr-
Bandhan Silver ETF FOF Direct Growth

Very High Risk

0.1%0.0%₹151.01 Cr-
Arudha Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

0.8%0.0%₹113.74 Cr-
Bandhan Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹290.55 Cr-
Bandhan BSE India Sector Leaders Index Fund Direct Growth

Very High Risk

0.2%0.0%₹27.07 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.7%0.0%₹672.60 Cr-
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹448.39 Cr6.5%
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth

Moderate Risk

0.0%0.0%₹0.38 Cr4.0%
Bandhan Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹30.08 Cr2.3%
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

0.2%0.0%₹9.27 Cr-5.0%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹11.29 Cr-3.8%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹32.58 Cr-4.8%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹32.41 Cr16.9%
Bandhan Business Cycle Fund Direct Growth

Very High Risk

0.5%0.0%₹1226.70 Cr-4.9%
Bandhan Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹59.77 Cr1.7%
Bandhan BSE Healthcare Index Fund Direct Growth

Very High Risk

0.2%0.0%₹18.09 Cr8.8%
Bandhan Nifty Bank Index Fund Direct Growth

Very High Risk

0.2%0.0%₹19.31 Cr-2.4%
Bandhan Nifty Total Market Index Fund Direct Growth

Very High Risk

0.3%0.0%₹41.96 Cr-3.6%
Bandhan Innovation Fund Direct Growth

Very High Risk

0.5%0.0%₹2101.64 Cr8.9%
Bandhan Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹56.56 Cr1.1%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹3240.29 Cr15.2%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹82.90 Cr-2.9%
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹549.99 Cr-3.2%
Bandhan Retirement Fund Direct Growth

Moderately High risk

0.7%0.0%₹182.68 Cr-1.0%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹28.95 Cr-23.0%
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 Cr4.5%
Bandhan Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹1001.43 Cr5.3%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹20534.67 Cr6.2%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹16671.94 Cr2.3%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2044.06 Cr4.6%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.8%0.0%₹2007.27 Cr-2.3%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

Very High Risk

0.1%1.0%₹20.26 Cr7.2%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹1840.60 Cr5.0%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹2057.53 Cr-0.9%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.2%0.0%₹325.63 Cr3.6%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.7%0.0%₹1501.91 Cr-4.0%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

0.8%0.0%₹96.88 Cr1.4%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1288.55 Cr4.5%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.1%1.0%₹403.64 Cr4.2%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹16063.14 Cr6.1%
Bandhan Bond Fund - Short Term Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹8434.07 Cr5.2%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹2652.08 Cr-6.6%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.6%1.0%₹9907.50 Cr-3.4%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹7285.44 Cr-2.9%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Low Risk

0.1%0.0%₹91.46 Cr5.6%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6835.31 Cr-1.6%

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 09-Jun-2026, is ₹9.62.
The fund's allocation of assets is distributed as 96.78% in equities, 0.00% in bonds, and 3.22% in cash and cash equivalents.
The fund managers responsible for Bandhan Business Cycle Fund Direct Growth are:-
  1. Harshal Joshi
  2. Brijesh Shah
  3. Vishal Biraia
  4. Ritika Behera
  5. Gaurav Satra
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