HDFC Business Cycle Fund
Equity, % of fund93.4%Rest 6.6%: debt, money market, cash, REIT/InvIT units and other assets, not itemised here
Top 10 stocks, % of fund39.9%as the AMC's file prints % of NAV
New5stocks, by share count
Added1stocks, by share count
Trimmed3stocks, by share count
Exited1stocks, by share count
Stocks held by month, last 12 months collected. Source: HDFC Mutual Fund monthly portfolios.
| Stock | Change | Shares before | Shares now | Difference | Value |
|---|---|---|---|---|---|
| DHOOTTRANS | New | — | 2.30 lakh | +2.30 lakh | ₹33.9 cr |
| TORNTPHARM | New | — | 30,000 | +30,000 | ₹15.2 cr |
| SHIPROCKET | New | — | 10.34 lakh | +10.34 lakh | ₹14.4 cr |
| TEMPSENS | New | — | 1.16 lakh | +1.16 lakh | ₹6.5 cr |
| LUMINO | New | — | 6.58 lakh | +6.58 lakh | ₹5.4 cr |
| IXIGO | Added | 13.17 lakh | 19.07 lakh | +5.90 lakh | ₹31.1 cr |
| AETHER | Trimmed | 5.45 lakh | 5.05 lakh | −40,000 | ₹85.4 cr |
| FORTIS | Trimmed | 8.56 lakh | 5.86 lakh | −2.70 lakh | ₹53.2 cr |
| INDOMIM | Trimmed | 1.31 lakh | 1.03 lakh | −27,900 | ₹9.0 cr |
| SAGILITY | Exited | 44.88 lakh | — | −44.88 lakh | ₹19.5 cr |
Value: this month's market value in the AMC's file (an exit: last month's). "ISIN changed" = a split or bonus between the months; share counts are not comparable across it. Source: HDFC Mutual Fund monthly portfolios.
| Sector | ||||
|---|---|---|---|---|
| BHARTIARTL Bharti Airtel Limited | Telecommunication | 8.57 lakh | ₹155 cr | 5.60% |
| ICICIBANK ICICI Bank Limited | Financial Services | 10.42 lakh | ₹152 cr | 5.46% |
| KOTAKBANK Kotak Mahindra Bank Limited | Financial Services | 33.71 lakh | ₹141 cr | 5.10% |
| TITAN Titan Company Limited | Consumer Durables | 2.57 lakh | ₹131 cr | 4.73% |
| ANTHEM Anthem Biosciences Limited | Healthcare | 13.35 lakh | ₹119 cr | 4.30% |
| HDFCBANK HDFC Bank Limited | Financial Services | 12.10 lakh | ₹85.8 cr | 3.09% |
| AETHER Aether Industries Limited | Chemicals | 5.05 lakh | ₹85.4 cr | 3.08% |
| PGIL Pearl Global Industries Limited | Textiles | 3.38 lakh | ₹83.4 cr | 3.00% |
| ETERNAL ETERNAL LIMITED | Consumer Services | 23.66 lakh | ₹77.6 cr | 2.80% |
| INDIGO InterGlobe Aviation Limited | Services | 1.46 lakh | ₹76.4 cr | 2.75% |
| VMM Vishal Mega Mart Limited | Consumer Services | 65.99 lakh | ₹73.0 cr | 2.63% |
| CHOLAFIN Cholamandalam Investment and Finance Company Limited | Financial Services | 3.72 lakh | ₹69.0 cr | 2.49% |
| INDUSINDBK IndusInd Bank Limited | Financial Services | 6.57 lakh | ₹66.8 cr | 2.41% |
| BAJAJ-AUTO Bajaj Auto Limited | Automobile and Auto Components | 54,320 | ₹65.9 cr | 2.37% |
| HOMEFIRST Home First Finance Company India Limited | Financial Services | 5.35 lakh | ₹62.3 cr | 2.25% |
| AADHARHFC Aadhar Housing Finance Limited | Financial Services | 13.19 lakh | ₹61.8 cr | 2.23% |
| CLEANMAX Clean Max Enviro Energy Solutions Limited | Power | 4.75 lakh | ₹59.2 cr | 2.13% |
| SWIGGY Swiggy Limited | Consumer Services | 20.47 lakh | ₹57.7 cr | 2.08% |
| FORTIS Fortis Healthcare Limited | Healthcare | 5.86 lakh | ₹53.2 cr | 1.92% |
| APTUS Aptus Value Housing Finance India Limited | Financial Services | 19.91 lakh | ₹49.5 cr | 1.79% |
| ACMESOLAR Acme Solar Holdings Limited | Power | 12.25 lakh | ₹49.2 cr | 1.77% |
| ERIS Eris Lifesciences Limited | Healthcare | 3.76 lakh | ₹48.8 cr | 1.76% |
| GVT&D GE Vernova T&D India Limited | Capital Goods | 1.04 lakh | ₹46.3 cr | 1.67% |
| POLICYBZR PB Fintech Limited | Financial Services | 2.43 lakh | ₹45.7 cr | 1.65% |
| BDL Bharat Dynamics Limited | Capital Goods | 3.10 lakh | ₹39.6 cr | 1.43% |
| BOSCHLTD Bosch Limited | Automobile and Auto Components | 7,000 | ₹35.0 cr | 1.26% |
| MANKIND Mankind Pharma Limited | Healthcare | 1.44 lakh | ₹34.9 cr | 1.26% |
| DHOOTTRANS Dhoot Transmission Limited | Automobile and Auto Components | 2.30 lakh | ₹33.9 cr | 1.22% |
| MEDANTA Global Health Limited | Healthcare | 2.25 lakh | ₹33.3 cr | 1.20% |
| ICICIAMC ICICI Prudential Asset Management Company Limited | Financial Services | 1.08 lakh | ₹33.0 cr | 1.19% |
| CHALET Chalet Hotels Limited | Consumer Services | 3.63 lakh | ₹32.8 cr | 1.18% |
| KSB Ksb Limited | Capital Goods | 4.06 lakh | ₹32.8 cr | 1.18% |
| IXIGO Le Travenues Technology Limited | Consumer Services | 19.07 lakh | ₹31.1 cr | 1.12% |
| THELEELA Leela Palaces Hotels & Resorts Limited | Consumer Services | 5.44 lakh | ₹31.0 cr | 1.12% |
| SRF SRF Limited | Chemicals | 1.08 lakh | ₹27.7 cr | 1.00% |
| CGPOWER CG Power and Industrial Solutions Limited | Capital Goods | 2.73 lakh | ₹25.0 cr | 0.90% |
| TIMKEN Timken India Limited | Capital Goods | 71,844 | ₹22.6 cr | 0.82% |
| ADANIPORTS Adani Ports and Special Economic Zone Limited | Services | 1.19 lakh | ₹19.0 cr | 0.69% |
| AXISBANK Axis Bank Limited | Financial Services | 1.29 lakh | ₹16.8 cr | 0.61% |
| TORNTPHARM Torrent Pharmaceuticals Limited | Healthcare | 30,000 | ₹15.2 cr | 0.55% |
| GRINFRA G R Infraprojects Limited | Construction | 1.71 lakh | ₹14.9 cr | 0.54% |
| SONACOMS Sona BLW Precision Forgings Limited | Automobile and Auto Components | 1.80 lakh | ₹14.6 cr | 0.53% |
| SHIPROCKET Shiprocket Limited | Services | 10.34 lakh | ₹14.4 cr | 0.52% |
| WEWORK WeWork India Management Limited | Services | 1.99 lakh | ₹13.6 cr | 0.49% |
| RHIM RHI MAGNESITA INDIA LIMITED | Capital Goods | 3.52 lakh | ₹13.1 cr | 0.47% |
| SHRIRAMFIN Shriram Finance Limited | Financial Services | 1.09 lakh | ₹12.1 cr | 0.44% |
| OLAELEC Ola Electric Mobility Limited | Automobile and Auto Components | 27.10 lakh | ₹11.1 cr | 0.40% |
| JSWENERGY JSW Energy Limited | Power | 2.09 lakh | ₹10.9 cr | 0.39% |
| FIRSTCRY Brainbees Solutions Limited | Consumer Services | 5.72 lakh | ₹10.4 cr | 0.38% |
| PNCINFRA PNC Infratech Limited | Construction | 5.14 lakh | ₹9.7 cr | 0.35% |
| INDOMIM INDO-MIM Limited | Capital Goods | 1.03 lakh | ₹9.0 cr | 0.33% |
| AWFIS Awfis Space Solutions Limited | Services | 3.22 lakh | ₹8.3 cr | 0.30% |
| AMBUJACEM Ambuja Cements Limited | Construction Materials | 2.01 lakh | ₹8.1 cr | 0.29% |
| GRINDWELL Grindwell Norton Limited | Capital Goods | 35,948 | ₹7.3 cr | 0.26% |
| TMCV Tata Motors Limited | Capital Goods | 1.45 lakh | ₹6.8 cr | 0.25% |
| TEMPSENS Tempsens Instruments (India) Limited | Capital Goods | 1.16 lakh | ₹6.5 cr | 0.23% |
| CROMPTON Crompton Greaves Consumer Electricals Limited | Consumer Durables | 2.69 lakh | ₹6.3 cr | 0.23% |
| AUBANK AU Small Finance Bank Limited | Financial Services | 54,820 | ₹6.0 cr | 0.21% |
| CEIGALL Ceigall India Limited | Construction | 1.72 lakh | ₹5.9 cr | 0.21% |
| SULA Sula Vineyards Limited | Fast Moving Consumer Goods | 3.90 lakh | ₹5.7 cr | 0.21% |
| LUMINO Lumino Industries Limited | Capital Goods | 6.58 lakh | ₹5.4 cr | 0.19% |
| STARHEALTH Star Health and Allied Insurance Company Limited | Financial Services | 74,343 | ₹4.2 cr | 0.15% |
| AFCONS Afcons Infrastructure Limited | Construction | 1.32 lakh | ₹3.8 cr | 0.14% |
| GODREJPROP Godrej Properties Limited | Realty | 18,650 | ₹3.8 cr | 0.14% |
Equity rows as disclosed, Aug 2026. Source: HDFC Mutual Fund monthly portfolio.
- Financial Services31.1%
- Consumer Services12.1%
- Healthcare11.8%
- Capital Goods8.3%
- Automobile and Auto Components6.2%
- Telecommunication6.0%
- Consumer Durables5.3%
- Services5.1%
- Power4.6%
- Chemicals4.4%
- Textiles3.2%
- Construction1.3%
- Construction Materials0.3%
- Fast Moving Consumer Goods0.2%
- Realty0.1%
AMFI's 22 sectors; one sector per stock, from the fund houses' industry labels. Source: HDFC Mutual Fund monthly portfolio; AMFI.
- Large Cap42.1%
- Small Cap30.8%
- Mid Cap24.5%
- Not in AMFI's list2.7%
AMFI's list of Jun 2026. Source: HDFC Mutual Fund monthly portfolio; AMFI.
| Period | Return | From | To |
|---|---|---|---|
| 1 year | +3.29 % in total | 25 Sep 2025 · NAV ₹15.3600 | 25 Sep 2026 · NAV ₹15.8660 |
| 3 years | +11.59 % a year, compounded | 25 Sep 2023 · NAV ₹11.4140 | 25 Sep 2026 · NAV ₹15.8660 |
| Since first NAV | +12.81 % a year, compounded | 30 Nov 2022 · NAV ₹10.0100 | 25 Sep 2026 · NAV ₹15.8660 |
Past performance may not be sustained in future.
Point-to-point change in the plan's NAV between the two dates shown, as AMFI publishes it; over a year, compounded a year. A period is shown only when a NAV exists within 7 days before its start date. Source: AMFI NAV files (plan code 150805).
Other schemes of HDFC Mutual Fund (68)
A to ZHDFC Aggressive Hybrid FundHDFC Arbitrage FundHDFC BSE 500 ETFHDFC BSE 500 Index FundHDFC BSE India Sector Leaders Index FundHDFC BSE Sensex ETFHDFC BSE Sensex Index FundHDFC Balanced Advantage FundHDFC Banking & Financial Services FundHDFC Children's FundHDFC Conservative Hybrid FundHDFC Consumption FundHDFC DIVIDEND YIELD FUNDHDFC Defence FundHDFC ELSS - Tax Saver FundHDFC Equity Savings FundHDFC Flexi Cap FundHDFC Focused FundHDFC Housing Opportunities FundHDFC INNOVATION FUNDHDFC Infrastructure FundHDFC Large & Mid Cap FundHDFC Large Cap FundHDFC MNC FundHDFC Manufacturing FundHDFC Mid Cap FundHDFC Multi Asset Allocation FundHDFC Multi Cap FundHDFC NIFTY 100 ETFHDFC NIFTY 100 Equal Weight Index FundHDFC NIFTY 100 Index FundHDFC NIFTY 50 ETFHDFC NIFTY BANK ETFHDFC NIFTY GROWTH SECTORS 15 ETFHDFC NIFTY IT ETFHDFC NIFTY LargeMidcap 250 Index FundHDFC NIFTY Midcap 150 ETFHDFC NIFTY Midcap 150 Index FundHDFC NIFTY NEXT 50 ETFHDFC NIFTY Next 50 index FundHDFC NIFTY PSU BANK ETFHDFC NIFTY Private Bank ETFHDFC NIFTY Realty Index FundHDFC NIFTY Smallcap 250 ETFHDFC NIFTY Smallcap 250 Index FundHDFC NIFTY100 Low Volatility 30 ETFHDFC NIFTY100 Low Volatility 30 Index FundHDFC NIFTY100 QUALITY 30 ETFHDFC NIFTY200 MOMENTUM 30 ETFHDFC NIFTY200 Momentum 30 Index FundHDFC NIFTY50 Equal Weight Index FundHDFC NIFTY50 VALUE 20 ETFHDFC NIFTY500 Multicap 50:25:25 Index FundHDFC Nifty 50 Index FundHDFC Nifty Auto Index FundHDFC Nifty India Consumption Index FundHDFC Nifty India Digital Index FundHDFC Nifty Metal ETFHDFC Nifty Top 20 Equal Weight Index FundHDFC Nifty100 Quality 30 Index FundHDFC Pharma and Healthcare FundHDFC Retirement Fund - Equity PlanHDFC Retirement Fund - Hybrid-Debt PlanHDFC Retirement Fund - Hybrid-Equity PlanHDFC Small Cap FundHDFC Technology FundHDFC Transportation and Logistics FundHDFC Value Fund