Investment Objective and Approach

To provide long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles. There is no assurance that the investment objective of the Scheme will be realized.

The fund follows a unique thematic investment approach that capitalizes on business cycles. The unique feature of this fund is its focus on tapping into the opportunities presented by various business cycles. The fund dynamically allocates its investments across different sectors and stocks that are at different stages of business cycles, thus aiming to take advantage of economic fluctuations.

Key Investment Features:

- This fund picks domestic equities of large-cap, mid-cap and small-cap companies.

- This is an open-ended fund, which gives the investor an opportunity to invest at any time. Moreover, there is no lock-in period for this fund, offering investors the liberty to withdraw their investments at their convenience and requirements.

- The sub-category of this fund is thematic.

Financial Highlights as of June 2025:

- Latest NAV: ₹14.96, as of 6th June 2025

- AUM: ₹2796.05 Cr as of 6th June 2025

- Expense Ratio: 0.84 as of 6th June 2025 (Direct Plan)

- HDFC Business Cycle Fund Direct Growth has given a CAGR return of 17.44% since inception.

- Fund Launch Date: 30th November 2022

Fund Managers

The fund is managed by Rahul Baijal, who brings extensive experience in equity fund management. Rahul Baijal did his MBA from the Indian Institute of Management, Calcutta. Before joining HDFC Mutual Fund he worked at various firms including ANZ Investment Bank, Standard Chartered Bank, Credit Suisse, HSBC Global Banking and Markets, TVF Capital, Bharti AXA Life Insurance and Sundaram Mutual. He joined HDFC Mutual Fund as a Senior Fund Manager (Equity).

Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering. Prior to joining HDFC Mutual Fund, he has worked with Sundaram Mutual Fund, Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.

About the Fund House (AMC)

HDFC Mutual Fund stands as one of India's premier asset management companies. HDFC Mutual Fund, managed by HDFC Asset Management Company Limited, was founded in 1999 through a collaboration between HDFC Limited and abrdn Investment Management Limited. Positioned as one of the largest mutual fund houses in India, it currently manages assets worth Rs. 5.56 lakh crore as of December 2023. The fund house transitioned to a publicly listed entity in August 2018.

Key AMC Statistics:

- AUM ₹837,348.19 Cr. No. of Schemes 177

- HDFC Mutual Fund is the leading mutual fund investment company in India. Explore and invest in wide range of mutual funds with us.

Should I Invest in HDFC Business Cycle Fund?

The HDFC Business Cycle Fund may be suitable for investors with specific risk profiles and investment objectives:

Ideal for:

- The HDFC Business Cycle Fund may be an appropriate choice for those investors who have a sophisticated understanding of macroeconomic trends and are comfortable making selective bets for potentially higher returns.

- This product is suitable for investors who are seeking to generate long-term capital appreciation/ income investment predominantly in equity & equity related instruments of business cycle based theme. Investors understand that their principal will be at very high risk.

Risk Considerations:

- The HDFC Business Cycle Fund Direct Growth is rated Very High risk.

- The volatility or standard deviation for the HDFC Business Cycle Fund is 13.98. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.

Investment Options:

- Minimum SIP Amount: ₹100

- Minimum Lumpsum: ₹100

- Exit load of 1%, if redeemed within 1 year

FAQs

What is today's NAV of HDFC Business Cycle Fund?

The current NAV of HDFC Business Cycle Fund is ₹14.96, as of 6th June 2025. The NAV changes daily based on market conditions.

What is the AUM of HDFC Business Cycle Fund?

The AUM (assets under management) of HDFC Business Cycle Fund is ₹2796.05 Cr as of 6th June 2025.

What is the expense ratio of HDFC Business Cycle Fund?

The expense ratio of HDFC Business Cycle Fund Plan is 0.84 as of 6th June 2025. This applies to the Direct Plan, while Regular Plan has a higher expense ratio.

What are the returns of HDFC Business Cycle Fund since inception?

HDFC Business Cycle Fund Direct Growth has given a CAGR return of 17.44% since inception. The scheme return performance since scheme launch is 49.45%.

What is the minimum SIP amount to invest in HDFC Business Cycle Fund?

The min. SIP amount to invest in this scheme is ₹100. This makes it accessible for investors with small monthly investment capacity.

How do I invest in HDFC Business Cycle Fund?

You can invest in HDFC Business Cycle Fund through Allvest platform by downloading the app, searching for the fund, selecting your investment mode (SIP or lumpsum), and completing the KYC process with payment setup.

How to start a SIP in HDFC Business Cycle Fund?

Through Allvest, you can start a SIP by selecting the monthly investment amount (minimum ₹100), choosing your preferred SIP date, and setting up auto-debit instructions for regular investments.

How do I automate an SIP in HDFC Business Cycle Fund?

Allvest offers automated SIP features where you can set up regular investments that get automatically deducted from your bank account on your chosen date each month, ensuring consistent investment without manual intervention.

How can I withdraw/redeem my investment in HDFC Business Cycle Fund?

You can redeem your investment through Allvest by going to your portfolio, selecting the fund, entering the redemption amount, and submitting the request. You will receive your funds within three working days of placing the order.