Aditya Birla Sun Life Business Cycle Fund
An open ended equity scheme following business cycles based investing theme
April 2026
| Equity Scheme |  |
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An open ended equity scheme following business cycles based investing theme
April 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: 2.5 Years |
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| Fund Manager -Mr. Dhaval Gala Managing the Fund Since: February 17, 2023 Experience in Managing the Fund: 3.2 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: 70 | |
| AUM as on April 30, 2026 (in ₹Crore) | |
| Month End AUM | 1,687.28 |
| Monthly Average AUM | 1,667.34 |
| Base Expense Ratio (BER) | |
| Regular | 1.79% |
| Direct | 0.95% |
| BER excludes brokerage incurred towards execution of trades, transaction cost & statutory levies as applicable to investors. | |
| NAV as on April 30, 2026 | |
| Regular Growth | 14.91 |
| Regular IDCW$ | 13.04 |
| Direct Growth | 15.77 |
| Direct IDCW$ | 13.80 |
| $Income Distribution cum capital withdrawal | |
| Valuation Parameters | |
| Average P/E | 26.92 |
| Average P/BV | 4.34 |
| Average Dividend Yield | 1.01 |
| Top 10 Sectoral Contribution (in %) |
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| Market Capitalisation |
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| Volatility Measures | |
| Portfolio Turnover | 0.34 |
| Standard Deviation | 14.90% |
| Sharpe Ratio | 0.53 |
| Beta | 0.95 |
| Treynor Ratio | 0.09 |
| Information Ratio | -0.50 |
Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns. Risk Free Rate assumed to be 5.34 % (FBIL Overnight MIBOR as on 30 April, 2026) for calculating SharpeRatio
| Rating Profile of Portfolio |  |
| Sector/Issuer Name | % of Total AUM |
| Equity & Equity Related | |
| Banks | 20.50% |
| ● ICICI Bank Limited | 6.20% |
| ● State Bank of India | 4.05% |
| ● HDFC Bank Limited | 2.98% |
| ● Kotak Mahindra Bank Limited | 2.72% |
| The Federal Bank Limited | 1.59% |
| AU Small Finance Bank Limited | 1.14% |
| Axis Bank Limited | 1.13% |
| Bank of Maharashtra | 0.69% |
| IT - Software | 8.08% |
| ● Infosys Limited | 2.41% |
| Tech Mahindra Limited | 1.88% |
| HCL Technologies Limited | 1.82% |
| Persistent Systems Limited | 1.35% |
| Hexaware Technologies limited | 0.62% |
| Industrial Products | 5.77% |
| Happy Forgings Ltd | 1.60% |
| Shivalik Bimetal Controls Ltd | 1.57% |
| AIA Engineering Limited | 1.39% |
| APL Apollo Tubes Limited | 1.21% |
| Auto Components | 5.71% |
| ● Bharat Forge Limited | 1.95% |
| Sona BLW Precision Forgings Limited | 1.71% |
| Schaeffler India Limited | 1.10% |
| Sundram Fasteners Limited | 0.95% |
| Retailing | 4.99% |
| Lenskart Solutions Ltd | 1.83% |
| Eternal Limited | 1.08% |
| MEESHO LTD | 1.06% |
| Vishal Mega Mart Ltd | 1.01% |
| Automobiles | 4.83% |
| ● Mahindra & Mahindra Limited | 2.42% |
| Ather Energy Ltd | 1.39% |
| Maruti Suzuki India Limited | 1.02% |
| Consumer Durables | 4.67% |
| Bluestone Jewellery And Lifestyle Ltd | 1.49% |
| Blue Star Limited | 1.35% |
| V-Guard Industries Limited | 0.99% |
| Whirlpool of India Limited | 0.84% |
| Cement & Cement Products | 3.80% |
| JK Cement Limited | 1.57% |
| UltraTech Cement Limited | 1.20% |
| Ambuja Cements Limited | 1.03% |
| Finance | 3.77% |
| Shriram Finance Ltd | 1.53% |
| SBFC Finance Ltd | 1.31% |
| Cholamandalam Investment and Finance Company Limited | 0.93% |
| Insurance | 3.31% |
| ICICI Lombard General Insurance Company Limited | 1.57% |
| Go Digit General Insurance Ltd | 0.91% |
| Medi Assist Healthcare Services Ltd | 0.83% |
| Petroleum Products | 3.15% |
| ● Reliance Industries Limited | 3.15% |
| Telecom - Services | 2.46% |
| ● Bharti Airtel Limited | 2.46% |
| Ferrous Metals | 2.30% |
| Sector/Issuer Name | % to Net Assets |
| ● Jindal Steel & Power Limited | 2.30% |
| Healthcare Services | 2.29% |
| Apollo Hospitals Enterprise Limited | 1.36% |
| Dr. Lal Path Labs Limited | 0.93% |
| Pharmaceuticals & Biotechnology | 2.05% |
| Ajanta Pharmaceuticals Limited | 1.58% |
| SAI Life Sciences Ltd | 0.48% |
| Personal Products | 1.88% |
| Godrej Consumer Products Limited | 1.88% |
| Agricultural Food & other Products | 1.61% |
| Marico Limited | 1.61% |
| Chemicals & Petrochemicals | 1.60% |
| NOCIL Limited | 0.96% |
| Alkyl Amines Chemicals Limited | 0.65% |
| Industrial Manufacturing | 1.59% |
| LAKSHMI MACHINE WORKS LTD | 0.97% |
| Praj Industries Limited | 0.62% |
| Power | 1.48% |
| Adani Power Limited | 1.48% |
| Construction | 1.41% |
| Larsen & Toubro Limited | 1.41% |
| 1.34% | |
| VEDANTA ALUMINIUM METAL LTD | 1.02% |
| MALCO ENERGY LTD | 0.17% |
| TALWANDI SABO POWER LTD | 0.10% |
| VEDANTA IRON AND STEEL LTD | 0.05% |
| Capital Markets | 1.19% |
| ANGEL ONE LIMITED | 1.19% |
| Transport Infrastructure | 1.14% |
| GMR Airport Ltd | 1.14% |
| Electrical Equipment | 1.11% |
| CG Power and Industrial Solutions Limited | 1.11% |
| Financial Technology (Fintech) | 1.03% |
| Pine Labs Ltd | 1.03% |
| Fertilizers & Agrochemicals | 0.91% |
| PI Industries Litmited | 0.91% |
| Textiles & Apparels | 0.90% |
| Gokaldas Exports Ltd | 0.90% |
| Realty | 0.85% |
| Sobha Limited | 0.85% |
| Diversified Metals | 0.75% |
| Vedanta Limited | 0.75% |
| Gas | 0.74% |
| Gujarat Gas Limited | 0.74% |
| Commercial Services & Supplies | 0.69% |
| CMS Info Systems Limited | 0.69% |
| Sector/Issuer Name | % to Net Assets |
| International Exposure | |
| United States of America | 1.24% |
| Cognizant Technology Solutions Cl A Com Stk | 1.24% |
| Net Cash and Cash Equivalent | 0.85% |
| 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. | |