Union Business Cycle Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹550 Cr
Expense Ratio
0.63%
ISIN
INF582M01JQ0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
05 Mar 2024
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹10.60, Assets Under Management (AUM) of 549.98 Crores, and an expense ratio of 0.63%.
- Union Business Cycle Fund Direct Growth has given a CAGR return of 5.35% since inception.
- The fund's asset allocation comprises around 97.70% in equities, 0.00% in debts, and 2.30% in cash & cash equivalents.
- You can start investing in Union 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
+4.85%
— (Cat Avg.)
Since Inception
+5.35%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹537.35 Cr | 97.70% |
| Others | ₹12.63 Cr | 2.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹44.91 Cr | 8.17% |
| ICICI Bank Ltd | Equity | ₹35.88 Cr | 6.52% |
| Bharti Airtel Ltd | Equity | ₹30.67 Cr | 5.58% |
| Reliance Industries Ltd | Equity | ₹21.64 Cr | 3.93% |
| Infosys Ltd | Equity | ₹19.67 Cr | 3.58% |
| UltraTech Cement Ltd | Equity | ₹19.09 Cr | 3.47% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.74 Cr | 3.41% |
| Larsen & Toubro Ltd | Equity | ₹17.04 Cr | 3.10% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹16.23 Cr | 2.95% |
| Bajaj Finance Ltd | Equity | ₹15.45 Cr | 2.81% |
| State Bank of India | Equity | ₹14.14 Cr | 2.57% |
| Treps | Cash - Repurchase Agreement | ₹14.07 Cr | 2.56% |
| InterGlobe Aviation Ltd | Equity | ₹13.99 Cr | 2.54% |
| Maruti Suzuki India Ltd | Equity | ₹13.54 Cr | 2.46% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹12.67 Cr | 2.30% |
| Solar Industries India Ltd | Equity | ₹12.66 Cr | 2.30% |
| Cummins India Ltd | Equity | ₹11.16 Cr | 2.03% |
| Shriram Finance Ltd | Equity | ₹10.85 Cr | 1.97% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹10.84 Cr | 1.97% |
| Bharat Electronics Ltd | Equity | ₹9.81 Cr | 1.78% |
| Muthoot Finance Ltd | Equity | ₹9.23 Cr | 1.68% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹9.01 Cr | 1.64% |
| Indian Hotels Co Ltd | Equity | ₹8.31 Cr | 1.51% |
| Lupin Ltd | Equity | ₹7.97 Cr | 1.45% |
| UPL Ltd | Equity | ₹7.81 Cr | 1.42% |
| KEC International Ltd | Equity | ₹7.67 Cr | 1.39% |
| Dixon Technologies (India) Ltd | Equity | ₹7.61 Cr | 1.38% |
| GE Vernova T&D India Ltd | Equity | ₹7.25 Cr | 1.32% |
| Phoenix Mills Ltd | Equity | ₹6.92 Cr | 1.26% |
| TVS Motor Co Ltd | Equity | ₹6.61 Cr | 1.20% |
| Kaynes Technology India Ltd | Equity | ₹5.79 Cr | 1.05% |
| JK Cement Ltd | Equity | ₹5.77 Cr | 1.05% |
| NTPC Ltd | Equity | ₹5.65 Cr | 1.03% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹5.64 Cr | 1.02% |
| Max Financial Services Ltd | Equity | ₹5.62 Cr | 1.02% |
| ITC Ltd | Equity | ₹5.61 Cr | 1.02% |
| Navin Fluorine International Ltd | Equity | ₹5.46 Cr | 0.99% |
| SRF Ltd | Equity | ₹5.36 Cr | 0.97% |
| Info Edge (India) Ltd | Equity | ₹5.28 Cr | 0.96% |
| Mahindra & Mahindra Ltd | Equity | ₹5.01 Cr | 0.91% |
| UNO Minda Ltd | Equity | ₹4.99 Cr | 0.91% |
| BSE Ltd | Equity | ₹4.93 Cr | 0.90% |
| CG Power & Industrial Solutions Ltd | Equity | ₹4.82 Cr | 0.88% |
| Hindalco Industries Ltd | Equity | ₹4.31 Cr | 0.78% |
| Jubilant Foodworks Ltd | Equity | ₹4.28 Cr | 0.78% |
| Alivus Life Sciences Ltd | Equity | ₹4.12 Cr | 0.75% |
| Tata Steel Ltd | Equity | ₹4 Cr | 0.73% |
| Campus Activewear Ltd | Equity | ₹3.92 Cr | 0.71% |
| JSW Steel Ltd | Equity | ₹3.66 Cr | 0.67% |
| AAVAS Financiers Ltd | Equity | ₹2.89 Cr | 0.53% |
| K.P.R. Mill Ltd | Equity | ₹2.69 Cr | 0.49% |
| Jindal Steel & Power Ltd | Equity | ₹2.64 Cr | 0.48% |
| Hindustan Unilever Ltd | Equity | ₹2.62 Cr | 0.48% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹2.62 Cr | 0.48% |
| Balrampur Chini Mills Ltd | Equity | ₹2.3 Cr | 0.42% |
| Net Receivable / Payable | Cash - Collateral | ₹-2.03 Cr | 0.37% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.59 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.53%
Mid Cap Stocks
24.11%
Small Cap Stocks
8.06%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹168.28 Cr | 30.60% |
| Industrials | ₹82.88 Cr | 15.07% |
| Basic Materials | ₹65.39 Cr | 11.89% |
| Consumer Cyclical | ₹64.66 Cr | 11.76% |
| Healthcare | ₹48.17 Cr | 8.76% |
| Communication Services | ₹35.95 Cr | 6.54% |
| Technology | ₹27.28 Cr | 4.96% |
| Energy | ₹21.64 Cr | 3.93% |
| Consumer Defensive | ₹10.54 Cr | 1.92% |
| Real Estate | ₹6.92 Cr | 1.26% |
| Utilities | ₹5.65 Cr | 1.03% |
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
Harshad Patwardhan
Since November 2024
Pratik Dharmshi
Since December 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01JQ0 | Expense Ratio 0.63% | Exit Load 1.00% | Fund Size ₹550 Cr | Age 1 year 1 month | 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:
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 Capital Market ETF Very High Risk | 0.3% | - | ₹5.38 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | - | - | ₹14.61 Cr | - |
| Motilal Oswal Active Momentum Fund Direct Growth Very High Risk | 2.6% | 1.0% | ₹46.20 Cr | - |
| Motilal Oswal Active Momentum Fund Regular Growth Very High Risk | 2.7% | 1.0% | ₹46.20 Cr | - |
| Nippon India Active Momentum Fund Regular Growth Very High Risk | - | 1.0% | ₹130.97 Cr | - |
| Nippon India Active Momentum Fund Direct Growth Very High Risk | - | 1.0% | ₹130.97 Cr | - |
| Groww Nifty 200 ETF Very High Risk | 0.3% | - | ₹13.49 Cr | - |
| Invesco India Business Cycle Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹267.72 Cr | - |
| Invesco India Business Cycle Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹267.72 Cr | - |
| Kotak MSCI India ETF Very High Risk | 0.4% | - | ₹1018.03 Cr | - |
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Business Cycle Fund Direct Growth?
What is the portfolio composition of Union Business Cycle Fund Direct Growth?
Who manages the Union Business Cycle Fund Direct Growth?
- Harshad Patwardhan
- Pratik Dharmshi
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Union Business Cycle Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (17-Apr-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹550 Cr
Expense Ratio
0.63%
ISIN
INF582M01JQ0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
05 Mar 2024
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹10.60, Assets Under Management (AUM) of 549.98 Crores, and an expense ratio of 0.63%.
- Union Business Cycle Fund Direct Growth has given a CAGR return of 5.35% since inception.
- The fund's asset allocation comprises around 97.70% in equities, 0.00% in debts, and 2.30% in cash & cash equivalents.
- You can start investing in Union 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
+4.85%
— (Cat Avg.)
Since Inception
+5.35%
— (Cat Avg.)
Portfolio Summaryas of 31st March 2025
| Equity | ₹537.35 Cr | 97.70% |
| Others | ₹12.63 Cr | 2.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹44.91 Cr | 8.17% |
| ICICI Bank Ltd | Equity | ₹35.88 Cr | 6.52% |
| Bharti Airtel Ltd | Equity | ₹30.67 Cr | 5.58% |
| Reliance Industries Ltd | Equity | ₹21.64 Cr | 3.93% |
| Infosys Ltd | Equity | ₹19.67 Cr | 3.58% |
| UltraTech Cement Ltd | Equity | ₹19.09 Cr | 3.47% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.74 Cr | 3.41% |
| Larsen & Toubro Ltd | Equity | ₹17.04 Cr | 3.10% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹16.23 Cr | 2.95% |
| Bajaj Finance Ltd | Equity | ₹15.45 Cr | 2.81% |
| State Bank of India | Equity | ₹14.14 Cr | 2.57% |
| Treps | Cash - Repurchase Agreement | ₹14.07 Cr | 2.56% |
| InterGlobe Aviation Ltd | Equity | ₹13.99 Cr | 2.54% |
| Maruti Suzuki India Ltd | Equity | ₹13.54 Cr | 2.46% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹12.67 Cr | 2.30% |
| Solar Industries India Ltd | Equity | ₹12.66 Cr | 2.30% |
| Cummins India Ltd | Equity | ₹11.16 Cr | 2.03% |
| Shriram Finance Ltd | Equity | ₹10.85 Cr | 1.97% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹10.84 Cr | 1.97% |
| Bharat Electronics Ltd | Equity | ₹9.81 Cr | 1.78% |
| Muthoot Finance Ltd | Equity | ₹9.23 Cr | 1.68% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹9.01 Cr | 1.64% |
| Indian Hotels Co Ltd | Equity | ₹8.31 Cr | 1.51% |
| Lupin Ltd | Equity | ₹7.97 Cr | 1.45% |
| UPL Ltd | Equity | ₹7.81 Cr | 1.42% |
| KEC International Ltd | Equity | ₹7.67 Cr | 1.39% |
| Dixon Technologies (India) Ltd | Equity | ₹7.61 Cr | 1.38% |
| GE Vernova T&D India Ltd | Equity | ₹7.25 Cr | 1.32% |
| Phoenix Mills Ltd | Equity | ₹6.92 Cr | 1.26% |
| TVS Motor Co Ltd | Equity | ₹6.61 Cr | 1.20% |
| Kaynes Technology India Ltd | Equity | ₹5.79 Cr | 1.05% |
| JK Cement Ltd | Equity | ₹5.77 Cr | 1.05% |
| NTPC Ltd | Equity | ₹5.65 Cr | 1.03% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹5.64 Cr | 1.02% |
| Max Financial Services Ltd | Equity | ₹5.62 Cr | 1.02% |
| ITC Ltd | Equity | ₹5.61 Cr | 1.02% |
| Navin Fluorine International Ltd | Equity | ₹5.46 Cr | 0.99% |
| SRF Ltd | Equity | ₹5.36 Cr | 0.97% |
| Info Edge (India) Ltd | Equity | ₹5.28 Cr | 0.96% |
| Mahindra & Mahindra Ltd | Equity | ₹5.01 Cr | 0.91% |
| UNO Minda Ltd | Equity | ₹4.99 Cr | 0.91% |
| BSE Ltd | Equity | ₹4.93 Cr | 0.90% |
| CG Power & Industrial Solutions Ltd | Equity | ₹4.82 Cr | 0.88% |
| Hindalco Industries Ltd | Equity | ₹4.31 Cr | 0.78% |
| Jubilant Foodworks Ltd | Equity | ₹4.28 Cr | 0.78% |
| Alivus Life Sciences Ltd | Equity | ₹4.12 Cr | 0.75% |
| Tata Steel Ltd | Equity | ₹4 Cr | 0.73% |
| Campus Activewear Ltd | Equity | ₹3.92 Cr | 0.71% |
| JSW Steel Ltd | Equity | ₹3.66 Cr | 0.67% |
| AAVAS Financiers Ltd | Equity | ₹2.89 Cr | 0.53% |
| K.P.R. Mill Ltd | Equity | ₹2.69 Cr | 0.49% |
| Jindal Steel & Power Ltd | Equity | ₹2.64 Cr | 0.48% |
| Hindustan Unilever Ltd | Equity | ₹2.62 Cr | 0.48% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹2.62 Cr | 0.48% |
| Balrampur Chini Mills Ltd | Equity | ₹2.3 Cr | 0.42% |
| Net Receivable / Payable | Cash - Collateral | ₹-2.03 Cr | 0.37% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹0.59 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.53%
Mid Cap Stocks
24.11%
Small Cap Stocks
8.06%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹168.28 Cr | 30.60% |
| Industrials | ₹82.88 Cr | 15.07% |
| Basic Materials | ₹65.39 Cr | 11.89% |
| Consumer Cyclical | ₹64.66 Cr | 11.76% |
| Healthcare | ₹48.17 Cr | 8.76% |
| Communication Services | ₹35.95 Cr | 6.54% |
| Technology | ₹27.28 Cr | 4.96% |
| Energy | ₹21.64 Cr | 3.93% |
| Consumer Defensive | ₹10.54 Cr | 1.92% |
| Real Estate | ₹6.92 Cr | 1.26% |
| Utilities | ₹5.65 Cr | 1.03% |
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
Harshad Patwardhan
Since November 2024
Pratik Dharmshi
Since December 2024
Additional Scheme Detailsas of 31st March 2025
ISIN INF582M01JQ0 | Expense Ratio 0.63% | Exit Load 1.00% | Fund Size ₹550 Cr | Age 1 year 1 month | 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:
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 Capital Market ETF Very High Risk | 0.3% | - | ₹5.38 Cr | - |
| Mirae Asset BSE Select IPO ETF Very High Risk | - | - | ₹14.61 Cr | - |
| Motilal Oswal Active Momentum Fund Direct Growth Very High Risk | 2.6% | 1.0% | ₹46.20 Cr | - |
| Motilal Oswal Active Momentum Fund Regular Growth Very High Risk | 2.7% | 1.0% | ₹46.20 Cr | - |
| Nippon India Active Momentum Fund Regular Growth Very High Risk | - | 1.0% | ₹130.97 Cr | - |
| Nippon India Active Momentum Fund Direct Growth Very High Risk | - | 1.0% | ₹130.97 Cr | - |
| Groww Nifty 200 ETF Very High Risk | 0.3% | - | ₹13.49 Cr | - |
| Invesco India Business Cycle Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹267.72 Cr | - |
| Invesco India Business Cycle Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹267.72 Cr | - |
| Kotak MSCI India ETF Very High Risk | 0.4% | - | ₹1018.03 Cr | - |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Union Business Cycle Fund Direct Growth?
What is the portfolio composition of Union Business Cycle Fund Direct Growth?
Who manages the Union Business Cycle Fund Direct Growth?
- Harshad Patwardhan
- Pratik Dharmshi
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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