- Nature naturally experiences ebbs and flows, and in life, ups and downs are inevitable. Success lies in navigating through these fluctuations.

- Similarly, the financial world witnesses cycles of highs and lows, progressing from expansion to peak, followed by contraction and a slump. Economies undergo these cycles periodically.

- Businesses too do not perform the same through all business cycles. Every sector responds and performs differently in different economic cycles. For example, discretionary and cyclical sectors such as retail, industrial and consumer driven sectors can outperform in periods of high growth; whereas sectors such as defence, health and utilities which are less sensitive to economic changes can perform better in periods of low growth.

- This dynamic presents an opportunity for investors. By anticipating cyclical changes and identifying investable opportunities in advance, you gain a 'first-mover' advantage, maximizing portfolio growth.

- An expert fund manager managing a thematic fund that applies a business cycle-based investing strategy can help you here.

- Aditya Birla Sun Life Business Cycle Fund is an open-ended thematic fund that invests in equity stocks selected based on business cycle investing approach. Fund managers of the scheme apply various economic indicators to determine stages of the economic cycle and accordingly identify stocks that can outperform in the future. The aim is to build a portfolio of stocks that can outperform and give investors the potential for considerable long-term growth.

- The fund seeks to earn capital growth over a long-term investing period.