Tata Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹2,898 Cr

Expense Ratio

0.50%

ISIN

INF277KA1166

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

04 Aug 2021

About this fund

Tata Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 4 years, 1 months and 11 days, having been launched on 04-Aug-21.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹20.03, Assets Under Management (AUM) of 2898.17 Crores, and an expense ratio of 0.5%.

Tata Business Cycle Fund Direct Growth has given a CAGR return of 18.43% since inception.
The fund's asset allocation comprises around 98.16% in equities, 0.00% in debts, and 1.84% in cash & cash equivalents.
You can start investing in Tata Business Cycle Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

-6.13%

— (Cat Avg.)

3 Years

+19.88%

— (Cat Avg.)

Since Inception

+18.43%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2025

Equity	₹2,844.84 Cr	98.16%
Others	₹53.33 Cr	1.84%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Reliance Industries Ltd	Equity	₹175.88 Cr	6.20%
HDFC Bank Ltd	Equity	₹138.2 Cr	4.87%
Jindal Steel Ltd	Equity	₹83.28 Cr	2.94%
Axis Bank Ltd	Equity	₹81.31 Cr	2.87%
Larsen & Toubro Ltd	Equity	₹77.4 Cr	2.73%
Metropolis Healthcare Ltd	Equity	₹76.89 Cr	2.71%
Ambuja Cements Ltd	Equity	₹72.44 Cr	2.55%
Kotak Mahindra Bank Ltd	Equity	₹72.08 Cr	2.54%
Lupin Ltd	Equity	₹69.8 Cr	2.46%
Shree Cement Ltd	Equity	₹64.23 Cr	2.26%
Cummins India Ltd	Equity	₹62.22 Cr	2.19%
Godrej Properties Ltd	Equity	₹60.53 Cr	2.13%
Bharti Airtel Ltd	Equity	₹59.5 Cr	2.10%
HDFC Life Insurance Co Ltd	Equity	₹57.26 Cr	2.02%
Delhivery Ltd	Equity	₹55.89 Cr	1.97%
Apollo Hospitals Enterprise Ltd	Equity	₹55.87 Cr	1.97%
Niva Bupa Health Insurance Co Ltd	Equity	₹55.47 Cr	1.96%
Ramco Cements Ltd	Equity	₹53.36 Cr	1.88%
KEC International Ltd	Equity	₹52.25 Cr	1.84%
Nuvoco Vista Corp Ltd	Equity	₹50.8 Cr	1.79%
PB Fintech Ltd	Equity	₹50.06 Cr	1.76%
Cash / Net Current Asset	Cash	₹47.69 Cr	1.68%
L&T Finance Ltd	Equity	₹46.8 Cr	1.65%
Hindalco Industries Ltd	Equity	₹43.29 Cr	1.53%
RBL Bank Ltd	Equity	₹42.02 Cr	1.48%
Alkem Laboratories Ltd	Equity	₹41.02 Cr	1.45%
Havells India Ltd	Equity	₹40.58 Cr	1.43%
Bajaj Finserv Ltd	Equity	₹40.18 Cr	1.42%
Adani Energy Solutions Ltd	Equity	₹39.35 Cr	1.39%
Asian Paints Ltd	Equity	₹38.67 Cr	1.36%
Shriram Finance Ltd	Equity	₹38.17 Cr	1.35%
India Shelter Finance Corporation Ltd	Equity	₹37.69 Cr	1.33%
ICICI Lombard General Insurance Co Ltd	Equity	₹36.49 Cr	1.29%
ACME Solar Holdings Ltd	Equity	₹35.43 Cr	1.25%
Power Grid Corp Of India Ltd	Equity	₹33.9 Cr	1.19%
Bandhan Bank Ltd	Equity	₹33.4 Cr	1.18%
Hindustan Unilever Ltd	Equity	₹33.25 Cr	1.17%
PI Industries Ltd	Equity	₹33.17 Cr	1.17%
Varun Beverages Ltd	Equity	₹32.73 Cr	1.15%
Adani Ports & Special Economic Zone Ltd	Equity	₹32.58 Cr	1.15%
Dabur India Ltd	Equity	₹32.53 Cr	1.15%
Infosys Ltd	Equity	₹29.66 Cr	1.05%
State Bank of India	Equity	₹29.46 Cr	1.04%
ITC Ltd	Equity	₹28.68 Cr	1.01%
Power Finance Corp Ltd	Equity	₹28.48 Cr	1.00%
Aptus Value Housing Finance India Ltd	Equity	₹27.46 Cr	0.97%
360 One Wam Ltd Ordinary Shares	Equity	₹27.39 Cr	0.97%
Coforge Ltd	Equity	₹27.16 Cr	0.96%
G R Infraprojects Ltd	Equity	₹26.42 Cr	0.93%
TeamLease Services Ltd	Equity	₹25.79 Cr	0.91%
Gravita India Ltd	Equity	₹25.43 Cr	0.90%
Bajaj Finance Ltd	Equity	₹25.16 Cr	0.89%
Dr. Lal PathLabs Ltd	Equity	₹23.97 Cr	0.84%
Five-Star Business Finance Ltd	Equity	₹23.74 Cr	0.84%
HCL Technologies Ltd	Equity	₹23 Cr	0.81%
Vedant Fashions Ltd	Equity	₹21.75 Cr	0.77%
DCB Bank Ltd	Equity	₹20.29 Cr	0.72%
Mahindra & Mahindra Ltd	Equity	₹19.32 Cr	0.68%
PVR INOX Ltd	Equity	₹18.31 Cr	0.65%
TARC Ltd Ordinary Shares	Equity	₹18.04 Cr	0.64%
PNB Housing Finance Ltd	Equity	₹17.74 Cr	0.63%
Go Fashion (India) Ltd	Equity	₹17.67 Cr	0.62%
Aditya Birla Real Estate Ltd	Equity	₹15.69 Cr	0.55%
Spicejet Ltd	Equity	₹14.97 Cr	0.53%
Quess Corp Ltd	Equity	₹10.85 Cr	0.38%
A) Repo	Cash - Repurchase Agreement	₹4.49 Cr	0.16%
Tata Nifty Auto Index Dir Gr	Mutual Fund - Open End	₹2.37 Cr	0.08%
Tata Nifty India Digital ETF	Mutual Fund - ETF	₹0.01 Cr	0.00%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹928.85 Cr	32.74%
Basic Materials	₹454.93 Cr	16.04%
Industrials	₹424.38 Cr	14.96%
Healthcare	₹267.55 Cr	9.43%
Energy	₹175.88 Cr	6.20%
Consumer Defensive	₹127.19 Cr	4.48%
Utilities	₹108.68 Cr	3.83%
Technology	₹79.83 Cr	2.81%
Real Estate	₹78.58 Cr	2.77%
Communication Services	₹77.81 Cr	2.74%
Consumer Cyclical	₹58.74 Cr	2.07%

Risk & Performance Ratios

Fund Managers

Murthy Nagarajan

Since August 2021

Rahul Singh

Since August 2021

Sailesh Jain

Since December 2021

Hasmukh Vishariya

Since March 2025

Additional Scheme Detailsas of 31st August 2025

ISIN

INF277KA1166

Expense Ratio

0.50%

Exit Load

No Charges

Fund Size

₹2,898 Cr

Age

4 years 1 month

Lumpsum Minimum

₹5,000

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:

Dividend Taxation:

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
Baroda BNP Paribas Business Conglomerates Fund Direct Growth Very High Risk	-	1.0%	-	-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Nifty Alpha 50 ETF Very High Risk	0.5%	-	₹4.86 Cr	-
Kotak Active Momentum Fund Direct Growth Low Risk	-	0.0%	₹1389.52 Cr	-
Kotak Active Momentum Fund Regular Growth Low Risk	-	0.0%	₹1389.52 Cr	-
Motilal Oswal Special Opportunities Fund Direct Growth Very High Risk	2.6%	1.0%	₹43.66 Cr	-
Motilal Oswal Special Opportunities Fund Regular Growth Very High Risk	2.7%	1.0%	₹43.66 Cr	-
Bandhan Multi-Factor Fund Regular Growth Very High Risk	2.4%	0.0%	₹505.43 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.9%	0.0%	₹505.43 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1222.61 Cr	-
ICICI Prudential Active Momentum Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1222.61 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹1992.31 Cr	-
Axis Services Opportunities Fund Regular Growth Very High Risk	2.0%	1.0%	₹1992.31 Cr	-
Nippon India MNC Fund Direct Growth Very High Risk	1.1%	1.0%	₹359.21 Cr	-
Nippon India MNC Fund Regular Growth Very High Risk	2.5%	1.0%	₹359.21 Cr	-
HDFC Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2439.44 Cr	-
HDFC Innovation Fund Regular Growth Very High Risk	2.0%	1.0%	₹2439.44 Cr	-
Mirae Asset Nifty India Internet ETF Very High Risk	0.1%	-	₹11.33 Cr	-
Motilal Oswal Nifty India Tourism ETF Very High Risk	0.5%	-	₹2.25 Cr	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.5%	-	₹5.27 Cr	-
Motilal Oswal Services Fund Direct Growth Very High Risk	2.6%	1.0%	₹47.93 Cr	-
Motilal Oswal Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹47.93 Cr	-
ICICI Prudential Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2233.78 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.0%	1.0%	₹2233.78 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹4.63 Cr	-
Axis Nifty500 Momentum 50 ETF Very High Risk	-	-	-	-
Mirae Asset BSE Select IPO ETF Very High Risk	0.3%	-	₹15.50 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk	1.0%	0.0%	₹6.05 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹6.05 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹140.68 Cr	-
Motilal Oswal Active Momentum Fund Regular Growth Very High Risk	2.7%	1.0%	₹140.68 Cr	-
Nippon India Active Momentum Fund Regular Growth Very High Risk	1.6%	1.0%	₹221.19 Cr	-
Nippon India Active Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹221.19 Cr	-
Groww Nifty 200 ETF Very High Risk	0.3%	-	₹13.63 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹5.01 Cr	-
Groww Nifty 200 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹5.01 Cr	-
Invesco India Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹567.37 Cr	-
Invesco India Business Cycle Fund Regular Growth Very High Risk	2.3%	0.0%	₹567.37 Cr	-
Kotak MSCI India ETF Very High Risk	0.4%	-	₹518.47 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹325.35 Cr	-
Motilal Oswal Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	1.0%	₹325.35 Cr	-
Groww Nifty India Railways PSU ETF Very High Risk	0.5%	-	₹71.25 Cr	-
ICICI Prudential Rural Opportunities Fund Regular Growth Moderate Risk	2.1%	1.0%	₹1830.86 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	0.9%	1.0%	₹1830.86 Cr	-
WhiteOak Capital Quality Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹594.70 Cr	-
WhiteOak Capital Quality Equity Fund Regular Growth Very High Risk	2.3%	1.0%	₹594.70 Cr	-
UTI Quant Fund Regular Growth Very High Risk	2.0%	1.0%	₹1693.00 Cr	-
UTI Quant Fund Direct Growth Very High Risk	0.3%	1.0%	₹1693.00 Cr	-
ICICI Prudential Nifty Auto ETF Very High Risk	0.2%	-	₹151.43 Cr	4.9%
ICICI Prudential Nifty 200 Quality 30 ETF Very High Risk	0.3%	-	₹173.74 Cr	-8.4%

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹2,12,682 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Next 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Tata Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹107.51 Cr	-
Tata Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹297.08 Cr	-
Tata BSE Quality Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹47.16 Cr	-
Tata Fixed Maturity Plan Series 61 Scheme D 91 Days Direct Growth Low to Moderate Risk	0.1%	0.0%	₹209.75 Cr	-
Tata BSE Select Business Groups Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹202.91 Cr	-
Tata India Innovation Fund Direct Growth Very High Risk	0.5%	0.0%	₹1738.02 Cr	-
Tata Nifty Capital Markets Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹307.82 Cr	-
Tata Nifty200 Alpha 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹220.11 Cr	-11.9%
Tata Nifty India Tourism Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹325.44 Cr	1.2%
Tata Fixed Maturity Plan Series 61 Scheme C 91 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
TATA Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹121.21 Cr	0.1%
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹79.88 Cr	-5.5%
Tata Nifty Financial Services Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹81.02 Cr	10.2%
Tata Nifty Auto Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹81.81 Cr	4.6%
Tata Nifty MidSmall Healthcare Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹161.04 Cr	5.5%
Tata Nifty Realty Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹90.82 Cr	-15.3%
Tata Fixed Maturity Plan Series 61 Scheme A - 91 Days Direct Growth Low to Moderate Risk	0.1%	-	-	-
Tata Fixed Maturity Plan Series 61 Scheme B 364 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Silver ETF Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹169.50 Cr	51.3%
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.2%	0.0%	₹327.64 Cr	49.8%
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Series E Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Balanced Advantage Fund Direct Growth Very High Risk	0.4%	0.0%	₹10030.96 Cr	1.9%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4907.76 Cr	7.9%
Tata Business Cycle Fund Direct Growth Very High Risk	0.5%	0.0%	₹2898.17 Cr	-6.1%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹122.01 Cr	-5.6%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹843.51 Cr	8.4%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹140.60 Cr	8.2%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	0.0%	₹11576.03 Cr	-5.6%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹8772.86 Cr	-4.8%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.6%	0.0%	₹4984.23 Cr	-3.1%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.0%	0.0%	₹4090.95 Cr	-1.7%
Tata Ethical Fund Direct Growth Very High Risk	0.7%	0.0%	₹3571.70 Cr	-10.0%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1426.39 Cr	6.5%
Tata Equity P/E Fund Direct Growth Very High Risk	0.8%	0.0%	₹8607.93 Cr	-7.5%
Tata Infrastructure Fund Direct Growth Very High Risk	1.1%	0.0%	₹2223.90 Cr	-12.7%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3429.61 Cr	7.9%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹41420.81 Cr	8.1%
Tata Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹267.80 Cr	6.0%
Tata Young Citizens Fund Direct Growth Very High Risk	2.1%	1.0%	₹364.80 Cr	-5.8%
Tata Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹24038.47 Cr	7.0%
Tata Large Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹2631.27 Cr	-1.2%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2150.33 Cr	0.6%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.0%	1.0%	₹176.68 Cr	3.7%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3440.88 Cr	8.1%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.5%	1.0%	₹2084.51 Cr	-2.0%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4219.80 Cr	8.2%
Tata India Consumer Fund Direct Growth Very High Risk	0.7%	0.0%	₹2482.35 Cr	-2.5%

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 Tata Business Cycle Fund Direct Growth?

The NAV of Tata Business Cycle Fund Direct Growth, as of 12-Sep-2025, is ₹20.03.

What are the returns of Tata Business Cycle Fund Direct Growth?

The fund has generated -6.13% over the last 1 year and 19.88% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Tata Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 98.16% in equities, 0.00% in bonds, and 1.84% in cash and cash equivalents.

Who manages the Tata Business Cycle Fund Direct Growth?

The fund managers responsible for Tata Business Cycle Fund Direct Growth are:-

Murthy Nagarajan
Rahul Singh
Sailesh Jain
Hasmukh Vishariya

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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Fund Overview

Fund Size

₹2,898 Cr

Expense Ratio

0.50%

ISIN

INF277KA1166

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

04 Aug 2021

Risk Level

Your principal amount will be at Very High Risk