April 2, 2026
RA Jainee
Aditya Birla (ABSL) Business Cycle Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
| Fund at a Glance | |
| NAV Growth (Rs.) | 14.39 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 12.59 |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 6 |
| Benchmark | BSE 500 TRI |
| AUM Rs. | 1,730 Cr |
| (As on 28-Feb-2026) | |
| Expense | 1.19% |
| 1 Year Return (%) | -1.71 |
| 3 Year Return (%) | 12.29 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 8.78% |
⚖️ Sahifund Review – Aditya Birla Sun Life Business Cycle Fund ✔
✓ PLUS: Aditya Birla Sun Life Business Cycle Fund, from Aditya Birla Sun Life Mutual Fund, offers a dynamic sector-rotation strategy, which aims to capture opportunities across different phases of the economic cycle. The fund shows decent diversification with 69 stocks and relatively balanced exposure across large, mid and small caps, which supports portfolio stability. Its turnover of ~32% is controlled, and the structure makes it suitable for SIP-based investors looking for tactical allocation within diversified equity rather than static sector exposure.
⚖️ MINUS: Performance has been average compared to stronger peers, with 1-year returns still in negative territory (-1.71%) and 3-year returns lagging category leaders. The expense ratio of 1.19% is relatively high, which can impact long-term compounding, while the fund’s track record is still limited for a strategy that depends heavily on timing business cycles. Also, such funds carry execution risk, as incorrect sector rotation can lead to prolonged underperformance versus broader diversified funds.
Sahifund View:
A conceptually strong strategy, but execution consistency is key—better to track performance before making it a serious allocation.
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Business Cycle funds are suitable for investors:
1. Seeking exposure in a diversified set of stocks with a focus on riding business cycles for high returns
2. Aiming for long term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
Fund’s Investment Strategy:
The scheme seeks 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 in the economy.
Fund Manager:
1) Dhaval Gala
Education: Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
2) Harish Krishnan
Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has also worked at Kotak Mahindra Mutual Fund, Infosys Technologies Ltd in his earlier stint.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details of Aditya Birla (ABSL) Business Cycle Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 03-Dec-21 |
| Return Since Launch | 8.78% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets (Rs.) | 1,730 Cr |
| (As on 28-Feb-2026) | |
| Expense | 1.19% |
| (As on 28-Feb-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 32.00% |
Aditya Birla (ABSL) Business Cycle Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Business Cycle Dir | -12.26 | 0.00 | -10.51 | -12.26 | -6.98 | -1.71 | 12.29 | — | — | — |
| BSE 500 TRI | -13.94 | -2.28 | -11.37 | -13.94 | -9.62 | -3.11 | 12.89 | — | — | — |
| Equity: Thematic-Business Cycle | -12.99 | 0.00 | -10.95 | -12.99 | -10.03 | -2.33 | 14.75 | — | — | — |
| Rank within category | 7 | 3 | 6 | 7 | 4 | 9 | 7 | — | — | — |
| Number of funds in category | 17 | 18 | 17 | 17 | 17 | 17 | 8 | 2 | 1 | 1 |
Peer Comparison of Aditya Birla (ABSL) Business Cycle Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ABSL Business Cycle Dir | Unrated | -1.71 | 12.29 | — | 1.19 | 1,730 | 8.78 | 1.00 (30) | 4Y 3M | 32.00 |
| ICICI Pru Business Cycle Dir | Unrated | 1.24 | 19.39 | 17.56 | 0.75 | 16,202 | 18.12 | 1.00 (30) | 5Y 2M | 32.00 |
| Kotak Business Cycle Dir | Unrated | 1.38 | 15.72 | — | 0.63 | 3,054 | 12.60 | 0.50 (90) | 3Y 6M | 24.48 |
| Tata Business Cycle Dir | Unrated | -4.51 | 15.25 | — | 0.59 | 2,695 | 13.06 | 0.50 (30) | 4Y 7M | 58.01 |
| HDFC Business Cycle Dir | Unrated | -5.33 | 10.77 | — | 1.10 | 2,650 | 8.46 | 1.00 (365) | 3Y 4M | 61.10 |
Aditya Birla (ABSL) Business Cycle Fund Portfolio
| No. of Stocks | 69 |
| Top 10 Stocks | 33.75% |
| Top 5 Stocks | 21.43% |
| Top 3 Sectors | 59.98% |
| Portfolio P/B Ratio | 3.82 |
| Portfolio P/E Ratio | 27.83 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,29,870 | 1,27,675 |
| Giant (%) | — | — |
| Large (%) | 49.61 | 53.15 |
| Mid (%) | 24.78 | 24.25 |
| Small (%) | 25.62 | 22.59 |
| Tiny (%) | — | — |
Apply Online: https://mutualfund.adityabirlacapital.com/help-centre/invest-now OR https://mutualfund.adityabirlacapital.com/portal/investor/login
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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