Aditya Birla Sun Life Business Cycle Fund

An open ended equity scheme following business cycles based investing theme.
Data as on 29th August 2025
Fund Details
Investment Objective
The investment objective of the scheme is 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. The Scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the Scheme will be achieved.
Fund Category
Investment Style
Sectoral/Thematic

Fund Manager
Mr. Harish Krishnan, Mr. Dhaval Joshi & Mr. Dhaval Gala
Managing Fund Since
November 03, 2023, November 21, 2022, February 17, 2023
Experience in Managing the Fund
1.9 Years, 2.9 Years & 2.6 years
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load Nil
Exit Load For redemption /switchout of units on or before 30 days from the date of allotment: 1% of applicable NAV. For redemption / switchout of units after 30 days from the date of allotment: Nil.
Total Expense Ratio (TER)
Regular 2.15%
Direct 1.23%
Including additional expenses and goods and service tax on management fees.

AUM ₹
Monthly Average AUM 1742.21 Crores
AUM as on last day 1715.74 Crores
Date of Allotment
December 03, 2021
Benchmark
BSE 500 TRI
Other Parameters
Standard Deviation 13.00%
Sharpe Ratio 0.52
Beta 0.95
Portfolio Turnover 0.31
Treynor Ratio 0.07
Average P/E 28.05
Average P/BV 3.96
Average Dividend Yield 1.00
Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 5.54(FBIL Overnight MIBOR as on 29 August 2025) for calculating Sharpe Ratio

Application Amount for fresh subscription
₹ 500 (plus in multiplies of ₹ 1)
Min. Addl. Investment
₹ 500 (plus in multiplies of ₹ 1)
SIP
Daily/Weekly/Monthly: Minimum ₹ 100/-and in multiples of ₹ 1/- thereafter
NAV of Plans / Options ₹
Regular Plan Direct Plan
Growth 14.6000 15.3400
IDCW$: 13.6000 14.2900
$Income Distribution cum capital withdrawal
PORTFOLIO
Issuer
% to Net Assets
Banks 23.22%
ICICI Bank Limited 7.96%
Kotak Mahindra Bank Limited 4.34%
HDFC Bank Limited 3.62%
State Bank of India 3.31%
Axis Bank Limited 1.84%
AU Small Finance Bank Limited 1.59%
Bandhan Bank Limited 0.56%
IT - Software 9.30%
Infosys Limited 3.65%
HCL Technologies Limited 2.18%
Tech Mahindra Limited 2.10%
Persistent Systems Limited 1.38%
Consumer Durables 6.38%
Bluestone Jewellery And Lifestyle Ltd 1.82%
Blue Star Limited 1.52%
Whirlpool of India Limited 1.09%
V-Guard Industries Limited 1.06%
Cello World Ltd 0.72%
Aditya Infotech Ltd 0.17%
Industrial Products 5.72%
Shivalik Bimetal Controls Ltd 1.27%
AIA Engineering Limited 1.06%
Happy Forgings Ltd 1.02%
APL Apollo Tubes Limited 1.00%
WELSPUN CORP LIMITED 0.95%
Finolex Industries Limited 0.43%
Automobiles 5.46%
Mahindra & Mahindra Limited 2.52%
Maruti Suzuki India Limited 1.73%
Ather Energy Ltd 1.21%
Finance 4.68%
SBFC Finance Ltd 1.48%
Cholamandalam Investment and Finance Company Limited 1.24%
Shriram Finance Ltd 1.01%
Poonawalla Fincorp Limited 0.50%
SBI Cards & Payment Services Limited 0.44%
Auto Components 4.64%
Schaeffler India Limited 1.24%
Sona BLW Precision Forgings Limited 1.15%
Sundram Fasteners Limited 1.13%
Bharat Forge Limited 1.13%
Insurance 3.95%
ICICI Lombard General Insurance Company Limited 1.71%
Medi Assist Healthcare Services Ltd 1.20%
Go Digit General Insurance Ltd 1.03%
Cement & Cement Products 3.76%
JK Cement Limited 1.48%
UltraTech Cement Limited 1.29%
Issuer
% to Net Assets
Ambuja Cements Limited 0.98%
Pharmaceuticals & Biotechnology 3.54%
Sun Pharmaceutical Industries Limited 2.17%
Ajanta Pharmaceuticals Limited 1.01%
SAI Life Sciences Ltd 0.36%
Petroleum Products 3.26%
Reliance Industries Limited 3.26%
Telecom - Services 2.86%
Bharti Airtel Limited 2.86%
Construction 2.08%
Larsen & Toubro Limited 2.08%
Chemicals & Petrochemicals 1.96%
Tata Chemicals Limited 1.03%
NOCIL Limited 0.93%
Ferrous Metals 1.81%
JINDAL STEEL LIMITED 1.81%
United States of America 1.55%
Cognizant Technology Solutions Cl A Com Stk 1.55%
Agricultural Food & other Products 1.48%
Marico Limited 1.48%
Industrial Manufacturing 1.38%
LAKSHMI MACHINE WORKS LTD 0.92%
Praj Industries Limited 0.46%
Retailing 1.35%
Eternal Limited 1.35%
Personal Products 1.34%
Godrej Consumer Products Limited 1.34%
Electrical Equipment 1.23%
CG Power and Industrial Solutions Limited 1.23%
Healthcare Services 1.11%
Apollo Hospitals Enterprise Limited 1.11%
Diversified Metals 1.10%
Vedanta Limited 1.10%
Fertilizers & Agrochemicals 0.96%
PI Industries Litmited 0.96%
Commercial Services & Supplies 0.96%
CMS Info Systems Limited 0.96%
Capital Markets 0.93%
ANGEL ONE LIMITED 0.93%
Textiles & Apparels 0.84%
Gokaldas Exports Ltd 0.84%
Realty 0.83%
Sobha Limited 0.83%
Gas 0.80%
Gujarat Gas Limited 0.80%
INVESTMENT FUNDS/MUTUAL FUNDS 0.37%
XTRACKERS HARVEST CSI 500 CH 0.37%
Cash & Current Assets 1.14%
Total Net Assets 100.00%

Past performance may or may not be sustained in future. The above performance is of Regular Plan - Growth Option. Kindly note that different plans have different expense structure. Load and Taxes are not considered for computation of returns. When scheme/additional benchmark returns are not available, they have not been shown. Total Schemes Co-Managed by Fund Managers is 1. Total Schemes managed by Mr. Harish Krishnan is 6. Total Scheme managed by Mr. Dhaval Gala is 7. Total Schemes managed by Mr. Dhaval Joshi is 34. Click here to know more on performance of schemes managed by Fund Managers.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.

# Scheme Benchmark, ## Additional Benchmark
For SIP calculations above, the data assumes the investment of ₹ 10000/- on 1st day of every month or the subsequent working day. Load & Taxes are not considered for computation of returns. Performance for IDCW option would assume reinvestment of tax free IDCW declared at the then prevailing NAV. CAGR returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).Where Benchmark returns are not available, they have not been shown.
Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. IDCW are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration.

This page is a part of the September 2025 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on https://mutualfund.adityabirlacapital.com/empower/ for the digital factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.