Tata Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹2,909 Cr

Expense Ratio

0.49%

ISIN

INF277KA1166

Minimum SIP

₹1,000

Exit Load

1.00%

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 3 years, 10 months and 27 days, having been launched on 04-Aug-21.
As of 30-Jun-25, it has a Net Asset Value (NAV) of ₹20.29, Assets Under Management (AUM) of 2909.25 Crores, and an expense ratio of 0.49%.

Tata Business Cycle Fund Direct Growth has given a CAGR return of 19.86% since inception.
The fund's asset allocation comprises around 97.69% in equities, 0.00% in debts, and 2.31% 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

+1.05%

— (Cat Avg.)

3 Years

+27.29%

— (Cat Avg.)

Since Inception

+19.86%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹2,842.16 Cr	97.69%
Others	₹67.09 Cr	2.31%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹181.1 Cr	6.22%
Reliance Industries Ltd	Equity	₹164.25 Cr	5.65%
Kotak Mahindra Bank Ltd	Equity	₹107.41 Cr	3.69%
Axis Bank Ltd	Equity	₹92.74 Cr	3.19%
Larsen & Toubro Ltd	Equity	₹79 Cr	2.72%
Bharti Airtel Ltd	Equity	₹72.39 Cr	2.49%
Lupin Ltd	Equity	₹72.12 Cr	2.48%
Ambuja Cements Ltd	Equity	₹71.19 Cr	2.45%
HDFC Life Insurance Co Ltd	Equity	₹65.38 Cr	2.25%
Shree Cement Ltd	Equity	₹64.93 Cr	2.23%
Cash / Net Current Asset	Cash - Collateral	₹63.72 Cr	2.19%
Jindal Steel & Power Ltd	Equity	₹63.15 Cr	2.17%
ICICI Bank Ltd	Equity	₹58.65 Cr	2.02%
Godrej Properties Ltd	Equity	₹58.52 Cr	2.01%
State Bank of India	Equity	₹57.44 Cr	1.97%
Cummins India Ltd	Equity	₹56.41 Cr	1.94%
KEC International Ltd	Equity	₹53.82 Cr	1.85%
Metropolis Healthcare Ltd	Equity	₹53.12 Cr	1.83%
Niva Bupa Health Insurance Co Ltd	Equity	₹53.07 Cr	1.82%
Apollo Hospitals Enterprise Ltd	Equity	₹50.51 Cr	1.74%
Ramco Cements Ltd	Equity	₹49.75 Cr	1.71%
Bajaj Finserv Ltd	Equity	₹42.37 Cr	1.46%
Shriram Finance Ltd	Equity	₹42.06 Cr	1.45%
Havells India Ltd	Equity	₹40.62 Cr	1.40%
Nuvoco Vista Corp Ltd	Equity	₹39.86 Cr	1.37%
Adani Energy Solutions Ltd	Equity	₹39.45 Cr	1.36%
Alkem Laboratories Ltd	Equity	₹39.44 Cr	1.36%
Hindalco Industries Ltd	Equity	₹38.96 Cr	1.34%
ICICI Lombard General Insurance Co Ltd	Equity	₹37.2 Cr	1.28%
Power Grid Corp Of India Ltd	Equity	₹35.68 Cr	1.23%
Adani Ports & Special Economic Zone Ltd	Equity	₹35.56 Cr	1.22%
PB Fintech Ltd	Equity	₹35.28 Cr	1.21%
Bandhan Bank Ltd	Equity	₹35.13 Cr	1.21%
India Shelter Finance Corporation Ltd	Equity	₹34.93 Cr	1.20%
Asian Paints Ltd	Equity	₹34.68 Cr	1.19%
PI Industries Ltd	Equity	₹34.33 Cr	1.18%
ICICI Prudential Life Insurance Co Ltd	Equity	₹33.25 Cr	1.14%
ACME Solar Holdings Ltd	Equity	₹32.81 Cr	1.13%
Delhivery Ltd	Equity	₹31.4 Cr	1.08%
Power Finance Corp Ltd	Equity	₹30.45 Cr	1.05%
Muthoot Finance Ltd	Equity	₹30.32 Cr	1.04%
Tata Steel Ltd	Equity	₹29.68 Cr	1.02%
Aptus Value Housing Finance India Ltd	Equity	₹29.45 Cr	1.01%
Gravita India Ltd	Equity	₹28.73 Cr	0.99%
TeamLease Services Ltd	Equity	₹28.26 Cr	0.97%
The Federal Bank Ltd	Equity	₹27.41 Cr	0.94%
G R Infraprojects Ltd	Equity	₹27.06 Cr	0.93%
Coforge Ltd	Equity	₹26.93 Cr	0.93%
Bajaj Finance Ltd	Equity	₹26.32 Cr	0.90%
Varun Beverages Ltd	Equity	₹26.02 Cr	0.89%
HCL Technologies Ltd	Equity	₹25.88 Cr	0.89%
Infosys Ltd	Equity	₹25.29 Cr	0.87%
PNB Housing Finance Ltd	Equity	₹24.6 Cr	0.85%
Five-Star Business Finance Ltd	Equity	₹24.51 Cr	0.84%
DCB Bank Ltd	Equity	₹24.37 Cr	0.84%
Vedant Fashions Ltd	Equity	₹23.41 Cr	0.80%
Tata Consultancy Services Ltd	Equity	₹22.17 Cr	0.76%
Go Fashion (India) Ltd	Equity	₹21.32 Cr	0.73%
TARC Ltd Ordinary Shares	Equity	₹20.09 Cr	0.69%
Aditya Birla Real Estate Ltd	Equity	₹19.64 Cr	0.68%
Spicejet Ltd	Equity	₹18.25 Cr	0.63%
Dabur India Ltd	Equity	₹18.08 Cr	0.62%
Acutaas Chemicals Ltd	Equity	₹17.11 Cr	0.59%
PVR INOX Ltd	Equity	₹16.11 Cr	0.55%
Dr. Lal PathLabs Ltd	Equity	₹15.45 Cr	0.53%
Quess Corp Ltd	Equity	₹12.7 Cr	0.44%
Bluspring Enterpri	Equity	₹6.78 Cr	0.23%
Digitide Solutions	Equity	₹5.64 Cr	0.19%
A) Repo	Cash - Repurchase Agreement	₹3.36 Cr	0.12%
Tata Nifty Auto Index Dir Gr	Mutual Fund - Open End	₹2.2 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	₹1,093.44 Cr	37.58%
Basic Materials	₹463.28 Cr	15.92%
Industrials	₹411.8 Cr	14.15%
Healthcare	₹230.63 Cr	7.93%
Energy	₹164.25 Cr	5.65%
Utilities	₹107.94 Cr	3.71%
Technology	₹100.27 Cr	3.45%
Communication Services	₹88.5 Cr	3.04%
Real Estate	₹78.61 Cr	2.70%
Consumer Cyclical	₹44.73 Cr	1.54%
Consumer Defensive	₹44.1 Cr	1.52%

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 May 2025

ISIN

INF277KA1166

Expense Ratio

0.49%

Exit Load

1.00%

Fund Size

₹2,909 Cr

Age

3 years 10 months

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
Motilal Oswal Nifty India Tourism ETF Very High Risk	-	-	-	-
Motilal Oswal Nifty India Manufacturing ETF Very High Risk	0.3%	-	₹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	0.7%	1.0%	₹1801.45 Cr	-
ICICI Prudential Quality Fund Regular Growth Very High Risk	2.1%	1.0%	₹1801.45 Cr	-
Motilal Oswal Nifty Capital Market ETF Very High Risk	0.5%	-	₹4.63 Cr	-
Mirae Asset BSE Select IPO ETF Very High Risk	0.4%	-	₹18.06 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Regular Growth Very High Risk	1.0%	0.0%	₹9.66 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.4%	0.0%	₹9.66 Cr	-
Motilal Oswal Active Momentum Fund Direct Growth Very High Risk	2.6%	1.0%	₹73.03 Cr	-
Motilal Oswal Active Momentum Fund Regular Growth Very High Risk	2.7%	1.0%	₹73.03 Cr	-
Nippon India Active Momentum Fund Regular Growth Very High Risk	1.7%	1.0%	₹180.01 Cr	-
Nippon India Active Momentum Fund Direct Growth Very High Risk	0.7%	1.0%	₹180.01 Cr	-
Groww Nifty 200 ETF Very High Risk	0.3%	-	₹12.13 Cr	-
Groww Nifty 200 ETF FoF Direct Growth Very High Risk	0.1%	1.0%	₹4.05 Cr	-
Groww Nifty 200 ETF FoF Regular Growth Very High Risk	0.7%	1.0%	₹4.05 Cr	-
Invesco India Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹350.15 Cr	-
Invesco India Business Cycle Fund Regular Growth Very High Risk	2.4%	0.0%	₹350.15 Cr	-
Kotak MSCI India ETF Very High Risk	0.4%	-	₹1174.45 Cr	-
Motilal Oswal Innovation Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹182.41 Cr	-
Motilal Oswal Innovation Opportunities Fund Regular Growth Very High Risk	2.4%	1.0%	₹182.41 Cr	-
Groww Nifty India Railways PSU ETF Very High Risk	0.5%	-	₹56.78 Cr	-
ICICI Prudential Rural Opportunities Fund Regular Growth Moderate Risk	2.2%	1.0%	₹1371.41 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	1.0%	1.0%	₹1371.41 Cr	-
WhiteOak Capital Quality Equity Fund Direct Growth Very High Risk	0.6%	1.0%	₹470.05 Cr	-
WhiteOak Capital Quality Equity Fund Regular Growth Very High Risk	2.4%	1.0%	₹470.05 Cr	-
UTI Quant Fund Regular Growth Very High Risk	2.0%	1.0%	₹1617.81 Cr	-
UTI Quant Fund Direct Growth Very High Risk	0.3%	1.0%	₹1617.81 Cr	-
ICICI Prudential Nifty Auto ETF Very High Risk	0.2%	-	₹124.61 Cr	-4.7%
ICICI Prudential Nifty 200 Quality 30 ETF Very High Risk	0.3%	-	₹182.64 Cr	2.9%
ICICI Prudential Nifty Alpha Low Volatility 30 ETF Very High Risk	0.4%	-	₹1774.63 Cr	-2.8%
Mirae Asset Nifty India New Age Consumption ETF Very High Risk	0.3%	-	₹26.38 Cr	-
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Regular Growth Very High Risk	0.9%	0.0%	₹13.57 Cr	-
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹13.57 Cr	-
Edelweiss BSE Capital Markets & Insurance ETF Very High Risk	0.3%	-	₹15.08 Cr	-
Aditya Birla Sun Life Conglomerate Fund Regular Growth Very High Risk	2.1%	0.0%	₹1580.44 Cr	-
Aditya Birla Sun Life Conglomerate Fund Direct Growth Very High Risk	0.6%	0.0%	₹1580.44 Cr	-
SBI Quant Fund Regular Growth Very High Risk	1.9%	0.0%	₹3750.13 Cr	-
SBI Quant Fund Direct Growth Very High Risk	0.7%	0.0%	₹3750.13 Cr	-
Quantum Ethical Fund Direct Growth Very High Risk	0.8%	1.0%	₹57.47 Cr	-
Quantum Ethical Fund Regular Growth Very High Risk	2.1%	1.0%	₹57.47 Cr	-
Union Active Momentum Fund Direct Growth Very High Risk	1.1%	1.0%	₹445.30 Cr	-
Union Active Momentum Fund Regular Growth Very High Risk	2.4%	1.0%	₹445.30 Cr	-
DSP Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹1082.24 Cr	-
DSP Business Cycle Fund Regular Growth Very High Risk	2.2%	0.0%	₹1082.24 Cr	-
Axis Momentum Fund Regular Growth Very High Risk	2.1%	1.0%	₹1323.56 Cr	-
Axis Momentum Fund Direct Growth Very High Risk	0.5%	1.0%	₹1323.56 Cr	-
Kotak Transportation & Logistics Fund Direct Growth Very High Risk	0.8%	0.0%	₹391.48 Cr	-
Kotak Transportation & Logistics Fund Regular Growth Very High Risk	2.4%	0.0%	₹391.48 Cr	-

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹1,95,632 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 Silver ETF Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹110.51 Cr	19.0%
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.2%	0.0%	₹246.50 Cr	31.7%
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 High Risk	0.4%	1.0%	₹10227.01 Cr	5.7%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4352.71 Cr	8.1%
Tata Business Cycle Fund Direct Growth Very High Risk	0.5%	1.0%	₹2909.25 Cr	1.1%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹117.88 Cr	10.0%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹870.21 Cr	9.5%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹129.48 Cr	9.3%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹10529.36 Cr	5.9%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹8546.14 Cr	4.1%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹4701.47 Cr	1.7%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹4073.65 Cr	4.5%
Tata Ethical Fund Direct Growth Very High Risk	0.7%	0.0%	₹3456.33 Cr	-2.2%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1127.95 Cr	9.9%
Tata Equity P/E Fund Direct Growth Very High Risk	0.8%	1.0%	₹8506.38 Cr	1.5%
Tata Infrastructure Fund Direct Growth Very High Risk	1.1%	0.0%	₹2227.35 Cr	-10.0%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3066.10 Cr	8.3%
Tata Money Market Fund Direct Growth Moderate Risk	0.1%	0.0%	₹32034.26 Cr	8.4%
Tata Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹264.80 Cr	7.7%
Tata Young Citizens Fund Direct Growth Very High Risk	2.1%	1.0%	₹365.79 Cr	5.3%
Tata Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹23617.43 Cr	7.3%
Tata Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹2610.97 Cr	4.2%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2151.11 Cr	10.0%
Tata Retirement Savings Conservative Fund Direct Growth High Risk	1.0%	1.0%	₹178.26 Cr	7.8%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3685.20 Cr	9.3%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.5%	1.0%	₹2082.94 Cr	8.9%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3975.75 Cr	9.5%
Tata India Consumer Fund Direct Growth Very High Risk	0.7%	0.0%	₹2378.60 Cr	8.5%
Tata Digital India Fund Direct Growth Very High Risk	0.4%	0.0%	₹11688.32 Cr	9.7%
Tata Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹2796.92 Cr	18.0%
Tata Resources & Energy Fund Direct Growth Very High Risk	0.5%	0.0%	₹1117.63 Cr	5.0%
Tata India Pharma & Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹1231.67 Cr	16.9%
TATA Nifty G-SEC Dec 2029 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹185.33 Cr	10.6%
Tata Multi Asset Opportunities Fund Direct Growth Very High Risk	0.4%	1.0%	₹3795.12 Cr	8.0%
Tata Flexi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹3262.92 Cr	11.6%
Tata Dividend Yield Fund Direct Growth Very High Risk	0.6%	1.0%	₹960.20 Cr	1.7%
Tata Housing Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹533.91 Cr	-3.2%
Tata Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹14982.22 Cr	7.8%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3193.99 Cr	6.4%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹908.54 Cr	1.4%
Tata CRISIL IBX Gilt Index-April 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹950.03 Cr	7.9%
Tata Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3069.43 Cr	1.0%
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth Low to Moderate Risk	-	0.0%	-	154.6%
Tata Medium Term Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	1.0%	-	187.2%
Tata Corporate Bond Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	0.0%	-	116.5%
TATA Nifty G-Sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹92.83 Cr	8.6%

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 30-Jun-2025, is ₹20.29.

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

The fund has generated 1.05% over the last 1 year and 27.29% 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 97.69% in equities, 0.00% in bonds, and 2.31% 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

₹2,909 Cr

Expense Ratio

0.49%

ISIN

INF277KA1166

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

04 Aug 2021

Risk Level

Your principal amount will be at Very High Risk