Aditya Birla Sun Life Business Cycle Fund
An open ended equity scheme following business cycles based investing theme
March 2026
| Equity Scheme |  |
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An open ended equity scheme following business cycles based investing theme
March 2026
| Equity Scheme | |
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| 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: Sectoral/Thematic | |
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| Fund Snapshot | |
| Date of Allotment : Dec 03, 2021 | |
| Benchmark: BSE 500 TRI | |
| Fund Manager - Mr. Harish Krishnan Managing the Fund Since: November 03, 2023 Experience in Managing the Fund: 2.4 Years |
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| Fund Manager -Mr. Dhaval Gala Managing the Fund Since: February 17, 2023 Experience in Managing the Fund: 3.1 Years |
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| SIP: Daily/Weekly/Monthly: Minimum ₹ 100/-and in multiples of ₹ 1/- thereafter |
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| Application Amount for fresh subscription: 500 (plus in multiplies of ₹ 1) |
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| Minimum Additional Investment: ₹500 (plus in multiplies of ₹ 1) |
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| 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. |
| Count of Securities: 67 | |
| AUM as on March 31, 2026 (in ₹Crore) | |
| Month End AUM | 1,540.43 |
| Monthly Average AUM | 1,623.72 |
| Total Expense Ratio (TER) | |
| Regular | 2.14% |
| Direct | 1.16% |
| Including additional expenses and goods and service tax on management fees. | |
| NAV as on March 30, 2026 | |
| Regular Growth | 13.62 |
| Regular IDCW$ | 11.91 |
| Direct Growth | 14.39 |
| Direct IDCW$ | 12.60 |
| $Income Distribution cum capital withdrawal | |
| Valuation Parameters | |
| Average P/E | 25.03 |
| Average P/BV | 4.54 |
| Average Dividend Yield | 0.98 |
| Top 10 Sectoral Contribution (in %) |
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| Market Capitalisation |
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| Volatility Measures | |
| Portfolio Turnover | 0.32 |
| Standard Deviation | 14.12% |
| Sharpe Ratio | 0.29 |
| Beta | 0.95 |
| Treynor Ratio | 0.04 |
| Information Ratio | -0.57 |
Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 6.98 % (FBIL Overnight MIBOR as on 30 March, 2026) for calculating SharpeRatio
| Rating Profile of Portfolio |  |
| Sector/Issuer Name | % of Total AUM |
% of Derivatives |
% of Net AUM |
| Equity & Equity Related | |||
| Banks | 21.07 % | ||
| ● ICICI Bank Limited | 6.48 % | ||
| ● State Bank of India | 4.07 % | ||
| ● HDFC Bank Limited | 3.10 % | ||
| ● Kotak Mahindra Bank Limited | 3.09 % | ||
| The Federal Bank Limited | 1.57 % | ||
| Axis Bank Limited | 1.13 % | ||
| AU Small Finance Bank Limited | 1.04 % | ||
| Bank of Maharashtra | 0.59 % | ||
| IT - Software | 9.49 % | ||
| ● Infosys Limited | 3.18 % | ||
| ● HCL Technologies Limited | 2.24 % | ||
| Tech Mahindra Limited | 1.93 % | ||
| Persistent Systems Limited | 1.50 % | ||
| Hexaware Technologies limited | 0.64 % | ||
| Auto Components | 5.43 % | ||
| Bharat Forge Limited | 1.90 % | ||
| Sona BLW Precision Forgings Limited | 1.48 % | ||
| Schaeffler India Limited | 1.12 % | ||
| Sundram Fasteners Limited | 0.92 % | ||
| Industrial Products | 5.37 % | ||
| Happy Forgings Ltd | 1.50 % | ||
| AIA Engineering Limited | 1.40 % | ||
| APL Apollo Tubes Limited | 1.34 % | ||
| Shivalik Bimetal Controls Ltd | 1.12 % | ||
| Retailing | 4.84 % | ||
| Lenskart Solutions Ltd | 1.94 % | ||
| Eternal Limited | 1.09 % | ||
| Vishal Mega Mart Ltd | 0.96 % | ||
| MEESHO LTD | 0.84 % | ||
| Automobiles | 4.79 % | ||
| ● Mahindra & Mahindra Limited | 2.53 % | ||
| Ather Energy Ltd | 1.22 % | ||
| Maruti Suzuki India Limited | 1.03 % | ||
| Consumer Durables | 4.62 % | ||
| Bluestone Jewellery And Lifestyle Ltd | 1.52 % | ||
| Blue Star Limited | 1.34 % | ||
| V-Guard Industries Limited | 1.03 % | ||
| Whirlpool of India Limited | 0.74 % | ||
| Cement & Cement Products | 3.89 % | ||
| JK Cement Limited | 1.65 % | ||
| UltraTech Cement Limited | 1.22 % | ||
| Ambuja Cements Limited | 1.02 % | ||
| Finance | 3.70 % | ||
| Shriram Finance Ltd | 1.56 % | ||
| SBFC Finance Ltd | 1.26 % | ||
| Cholamandalam Investment and Finance Company Limited | 0.89 % | ||
| Petroleum Products | 3.60 % | ||
| ● Reliance Industries Limited | 3.60 % | ||
| Insurance | 3.50 % | ||
| ICICI Lombard General Insurance Company Limited | 1.66 % | ||
| Go Digit General Insurance Ltd | 1.05 % | ||
| Medi Assist Healthcare Services Ltd | 0.79 % | ||
| Telecom - Services | 2.55 % | ||
| ● Bharti Airtel Limited | 2.55 % | ||
| Healthcare Services | 2.29 % | ||
| Apollo Hospitals Enterprise Limited | 1.36 % | ||
| Dr. Lal Path Labs Limited | 0.93 % | ||
| Ferrous Metals | 2.28 % | ||
| • Jindal Steel & Power Limited | 2.28 % | ||
| Personal Products | 2.11 % | ||
| • Godrej Consumer Products Limited | 2.11 % | ||
| Pharmaceuticals & Biotechnology | 2.06 % | ||
| Ajanta Pharmaceuticals Limited | 1.63 % | ||
| SAI Life Sciences Ltd | 0.43 % | ||
| Agricultural Food & other Products | 1.60 % | ||
| Marico Limited | 1.60 % | ||
| Construction | 1.47 % | ||
| Larsen & Toubro Limited | 1.47 % | ||
| Industrial Manufacturing | 1.43 % | ||
| LAKSHMI MACHINE WORKS LTD | 0.96 % | ||
| Praj Industries Limited | 0.47 % | ||
| Chemicals & Petrochemicals | 1.37 % | ||
| NOCIL Limited | 0.75 % | ||
| Alkyl Amines Chemicals Limited | 0.62 % | ||
| Sector/Issuer Name | % of Total AUM |
% of Derivatives |
% of Net AUM |
| Transport Infrastructure | 1.16 % | ||
| GMR Airport Ltd | 1.16 % | ||
| Financial Technology (Fintech) | 0.99 % | ||
| Pine Labs Ltd | 0.99 % | ||
| Electrical Equipment | 0.96 % | ||
| CG Power and Industrial Solutions Limited | 0.96 % | ||
| Capital Markets | 0.94 % | ||
| ANGEL ONE LIMITED | 0.94 % | ||
| Power | 0.91 % | ||
| Adani Power Limited | 0.91 % | ||
| Fertilizers & Agrochemicals | 0.90 % | ||
| PI Industries Litmited | 0.90 % | ||
| Diversified Metals | 0.83 % | ||
| Vedanta Limited | 0.83 % | ||
| Realty | 0.81 % | ||
| Sobha Limited | 0.81 % | ||
| Textiles & Apparels | 0.79 % | ||
| Gokaldas Exports Ltd | 0.79 % | ||
| Gas | 0.77 % | ||
| Gujarat Gas Limited | 0.77 % | ||
| Commercial Services & Supplies | 0.70 % | ||
| CMS Info Systems Limited | 0.70 % | ||
| Sector/Issuer Name | % to Net Assets |
| Healthcare Services | 2.43 % |
| Apollo Hospitals Enterprise Limited | 1.44 % |
| Dr. Lal Path Labs Limited | 0.98 % |
| Ferrous Metals | 2.29 % |
| ● Jindal Steel & Power Limited | 2.29 % |
| Pharmaceuticals & Biotechnology | 2.19 % |
| Ajanta Pharmaceuticals Limited | 1.72 % |
| SAI Life Sciences Ltd | 0.47 % |
| Personal Products | 1.92 % |
| Godrej Consumer Products Limited | 1.92 % |
| Agricultural Food & other Products | 1.67 % |
| Marico Limited | 1.67 % |
| Chemicals & Petrochemicals | 1.47 % |
| NOCIL Limited | 0.90 % |
| Alkyl Amines Chemicals Limited | 0.58 % |
| Industrial Manufacturing | 1.41 % |
| LAKSHMI MACHINE WORKS LTD | 0.88 % |
| Praj Industries Limited | 0.53 % |
| Construction | 1.35 % |
| Larsen & Toubro Limited | 1.35 % |
| Transport Infrastructure | 1.10 % |
| GMR Airport Ltd | 1.10 % |
| Power | 1.10 % |
| Adani Power Limited | 1.10 % |
| Capital Markets | 1.03 % |
| ANGEL ONE LIMITED | 1.03 % |
| Electrical Equipment | 0.98 % |
| CG Power and Industrial Solutions Limited | 0.98 % |
| Financial Technology (Fintech) | 0.91 % |
| Pine Labs Ltd | 0.91 % |
| Fertilizers & Agrochemicals | 0.88 % |
| PI Industries Litmited | 0.88 % |
| Diversified Metals | 0.85 % |
| Vedanta Limited | 0.85 % |
| Textiles & Apparels | 0.81 % |
| Gokaldas Exports Ltd | 0.81 % |
| Realty | 0.77 % |
| Sobha Limited | 0.77 % |
| Commercial Services & Supplies | 0.69 % |
| CMS Info Systems Limited | 0.69 % |
| Gas | 0.65 % |
| Gujarat Gas Limited | 0.65 % |
| International Exposure | |
| United States of America | 1.56 % |
| Cognizant Technology Solutions Cl A Com Stk | 1.56 % |
| Mutual Funds Units | |
| INVESTMENT FUNDS/MUTUAL FUNDS | 0.50 % |
| XTRACKERS HARVEST CSI 500 CH | 0.50 % |
| Net Cash and Cash Equivalent | 0.58 % |
| Grand Total | 100.00 % |
Miscellaneous includes securities with exposure of less than 0.01%
| Product Label | |
| Scheme Name | |
| Aditya Birla Sun Life Business Cycle Fund An open ended equity scheme following business cycles based investing theme |
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| This product is suitable for investors who are seeking*: | |
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Risk-o-meter  |
Benchmark Risk-o-meter BSE 500 TRI  |
| *Investors should consult their financial advisors if in doubt whether the product is suitable for them. | |