March 29, 2024
mayank
HDFC Business Cycle Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 13.1940
NAV IDCW: Rs 13.1940
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
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.
Fund Manager:
1) Rahul Baijal
Education: Mr. Baijal has done PGDM(MBA) from IIM Calcutta and is an engineering graduate of Delhi college of Engineering
Experience: Prior to joining Sundaram Mutual Fund, he has worked with Bharti AXA Life Insurance, TVF Capital, HSBC Securities, Credit Suisse Securities & Standard Chartered Bank.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 30-Nov-22 |
| Return Since Launch | 23.25% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,916 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.70% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 30.19% |
Trailing Returns (%) of HDFC Business Cycle Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Business Cycle Dir | 2.53 | 0.57 | 1.28 | 2.53 | 15.01 | 36.81 | — | — | — | — |
| S&P BSE 500 TRI | 3.58 | 0.41 | -0.02 | 3.58 | 16.38 | 38.94 | — | — | — | — |
Peer Comparison of HDFC 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 (%) | |
| HDFC Business Cycle Dir | Unrated | 36.81 | — | — | 0.70 | 2,916 | 23.25 | 1.00 (365) | 1Y 3M | 30.19 |
| ICICI Pru India Opportunities Dir | Unrated | 53.33 | 33.03 | 24.01 | 0.55 | 17,052 | 24.90 | 1.00 (365) | 5Y 2M | 73.00 |
| ICICI Pru Business Cycle Dir | Unrated | 54.44 | 26.86 | — | 0.77 | 7,395 | 27.24 | 1.00 (30) | 3Y 2M | 45.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.64 | 4,214 | 51.30 | 1.00 (365) | 11M | 77.00 |
| Axis India Manufacturing Dir | Unrated | — | — | — | 0.40 | 4,079 | 16.50 | 1.00 (360) | 3M | 3.00 |
Portfolio Analysis of HDFC Business Cycle Fund
| No. of Stocks | 52 |
| Top 10 Stocks | 55.75% |
| Top 5 Stocks | 35.28% |
| Top 3 Sectors | 54.69% |
| Portfolio P/B Ratio | 4.21 |
| Portfolio P/E Ratio | 28.58 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,83,062 | 1,27,822 |
| Giant (%) | 62.08 | 45.25 |
| Large (%) | 12.87 | 23.06 |
| Mid (%) | 18.13 | 26.94 |
| Small (%) | 6.92 | 13.54 |
| Tiny (%) | — | 0.63 |
How to Invest in HDFC Business Cycle Fund?
Chanakya’s Mutual Fund Guidance For HDFC Business Cycle Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://investor-web.hdfcfund.com/
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https://sahifund.com/category/nfos/
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-business-cycle-fund/