Tata Business Cycle Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Tata Business Cycle Fund is a Thematic fund run by Tata Mutual Fund. On 30-09-2026, it managed ₹2,416 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.1% a year and its Regular plan returned 7.5% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.

NAV (Direct plan): ₹18.57; ▼ 1.29%30-10-2026
NAV (Regular plan): ₹17.12; ▼ 1.29%30-10-2026
Expense ratio: 0.94%Direct2.19%Regular; 0.94%; A year
Riskometer: Very High; Set by the fund house
3 year return: 9.1%Direct7.5%Regular; 9.1%; A year

Tata Business Cycle Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹18.57 (down 1.29% that day); Regular Plan Growth ₹17.12 (down 1.29% that day).

This fund (Direct plan)

₹18.5704

Tata Business Cycle Fund Returns vs Nifty 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−5.10%	−10.05%	−6.25%	−9.95%	+9.10%	+11.90%	--
This fund (Regular)	−5.20%	−10.34%	−6.85%	−11.13%	+7.54%	+10.18%	--
Nifty 500 TRI	−0.75%	−6.05%	−2.83%	−7.34%	+10.22%	+8.81%	+12.51%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	+11.62%	--
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	+21.14%	--
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	+3.65%	--
Rank in Thematic	210/235	224/232	199/232	196/215	101/133	41/96	--

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.

Tata Business Cycle Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty 500 TRI
2026to date	−8.85%	−9.84%	−7.51%
2025	+2.23%	+0.79%	+7.76%
2024	+20.37%	+18.51%	+16.24%
2023	+36.54%	+34.29%	+26.91%
2022	+15.42%	+13.47%	+4.25%

Tata Business Cycle Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 547 periods, one for each trading day from 12-08-2024 to 30-10-2026.

0%5%10%15%20%25%30%

Oct 2021
to
Oct 2024Mar 2022
to
Mar 2025Jul 2022
to
Jul 2025Dec 2022
to
Dec 2025Apr 2023
to
Apr 2026Aug 2023
to
Aug 2026

Tata Business Cycle Fund (Direct)Nifty 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	1,037	10.7%	−10.3%	58.5%	13%	8.5%	70%
2 years	790	22.7%	−5.6%	45.2%	7%	17.3%	67%
3 years	547	19.7%	8.5%	28.2%	0%	15.6%	98%
5 years	54	14.7%	11.1%	16.1%	0%	9.7%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	51	12.0%	−20.5%	58.7%	20%	10.2%	71%
2 years	39	14.4%	−8.3%	46.5%	10%	13.9%	69%
3 years	27	15.7%	1.0%	37.1%	0%	14.4%	74%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.

Tata Business Cycle Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Tata Business Cycle Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	−9.95%	−7.34%
Standard deviation	15.50%	14.48%
Sharpe ratio	-0.98	-0.87
Sortino ratio	-1.28	-1.16
Maximum drawdown	−14.1% (31-03-2026)	−14.7% (30-03-2026)
Beta	1.03	1.00
Alpha	−2.19%	0.00%

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Tata Business Cycle Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+9.10%	+10.22%
Standard deviation	14.78%	14.30%
Sharpe ratio	0.21	0.29
Sortino ratio	0.28	0.40
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	1.00	1.00
Alpha	−1.13%	0.00%

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Tata Business Cycle Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+11.90%	+8.81%
Standard deviation	14.83%	14.36%
Sharpe ratio	0.41	0.21
Sortino ratio	0.55	0.28
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	1.00	1.00
Alpha	+3.09%	0.00%

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	Tata Business Cycle Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+12.62%	+10.22%
Standard deviation	14.65%	14.25%
Sharpe ratio	0.47	0.32
Sortino ratio	0.63	0.43
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.99	1.00
Alpha	+2.43%	0.00%

From daily NAVs, 11-08-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−25%−20%−15%−10%−5%0%

20222023202420252026

Tata Business Cycle Fund (Direct)Nifty 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Tata Business Cycle Fund (Direct)	−20.0%	27-09-2024	03-03-2025	Not yet	--	−14.8%
Nifty 500 TRI	−18.6%	26-09-2024	28-02-2025	Not yet	--	−8.8%

From the Direct plan's daily NAV since 11-08-2021, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Tata Business Cycle Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
Tata Business Cycle Fund	101/133	2,416	0.94%	−9.95%	+9.10%	−1.13%	1.00	0.21	0.28

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Tata Business Cycle Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.64%	0.06%	0.00%	0.24%	0.94%	1.18%	41/235
Regular	1.72%	0.06%	0.00%	0.41%	2.19%	2.41%	68/235

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−11.13%	−9.95%	1.18%	₹88,870	₹90,050
3 years	7.54%	9.10%	1.56% a year	₹1,24,368	₹1,29,860
5 years	10.18%	11.90%	1.72% a year	₹1,62,373	₹1,75,449

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Tata Business Cycle Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 11-08-2021 to 30-10-2026: 63 instalments, ₹6,30,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planTata Business Cycle Fund (Direct)	₹6,30,000	₹7,89,971	₹1,59,971	8.6%
Regular planTata Business Cycle Fund (Regular)	₹6,30,000	₹7,55,178	₹1,25,178	6.8%
Nifty 500 TRI	₹6,30,000	₹7,71,821	₹1,41,821	7.7%
Category averageCategory average, 235 Thematic funds	₹6,30,000	₹8,62,657	₹2,32,657	11.9%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L

20222023202420252026

Direct planTata Business Cycle Fund (Direct)Regular planTata Business Cycle Fund (Regular)Nifty 500 TRICategory averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Tata Business Cycle Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

97.8%Equity

Asset	Fund	Category
Equity	97.8%	94.5%
Cash and others	2.2%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	46.1%	45.7%
Mid Cap	21.3%	19.6%
Small Cap	29.5%	24.1%
Not on AMFI's list	0.9%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Tata Business Cycle Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks9.1%
Finance8.7%
Healthcare Services8.1%
Industrial Products7.0%
Cement & Cement Products6.7%
Ferrous Metals6.0%
Insurance5.3%
Petroleum Products4.8%
Power4.4%
Financial Technology (Fintech)4.1%

The ten largest of 27 sectors. The other 17 add up to 33.6%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	9.8%	8.8%	9.1%	−0.7%
Finance	9.0%	9.3%	8.7%	−0.3%
Healthcare Services	8.1%	8.3%	8.1%	0.0%
Industrial Products	5.6%	6.0%	7.0%	+1.4%
Cement & Cement Products	7.0%	6.5%	6.7%	−0.3%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Tata Business Cycle Fund Portfolio Holdings

As on 30-09-2026 · 50 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
RELIANCE INDUSTRIES LTD	Petroleum Products	4.80%	0.0%
METROPOLIS HEALTHCARE LTD	Healthcare Services	4.25%	−7.3%
AXIS BANK LTD	Banks	3.95%	0.0%
JINDAL STEEL LTD	Ferrous Metals	3.92%	0.0%
HDFC BANK LTD	Banks	3.73%	0.0%
L&T FINANCE LTD	Finance	2.96%	0.0%
LARSEN & TOUBRO LTD	Construction	2.92%	0.0%
DELHIVERY LTD	Transport Services	2.78%	0.0%
CUMMINS INDIA LTD	Industrial Products	2.58%	0.0%
ADANI ENERGY SOLUTIONS LTD	Power	2.53%	+8.1%
RATNAMANI METALS & TUBES LTD	Industrial Products	2.52%	0.0%
AMBUJA CEMENTS LTD	Cement & Cement Products	2.42%	0.0%
NIVA BUPA HEALTH INSURANCE COMPANY LTD	Insurance	2.41%	0.0%
SHRIRAM FINANCE LTD	Finance	2.35%	0.0%
OIL & NATURAL GAS CO.	Oil	2.14%	+4.4%
PB FINTECH LTD	Financial Technology (Fintech)	2.13%	+11.5%
GODREJ PROPERTIES LTD	Realty	2.10%	0.0%
MARICO LTD	Agricultural Food & other Products	2.08%	0.0%
TATA STEEL LTD	Ferrous Metals	2.03%	0.0%
THE RAMCO CEMENTS LTD	Cement & Cement Products	1.99%	+3.8%
SEDEMAC MECHATRONICS LTD	Auto Components	1.99%	−6.8%
VEDANTA ALUMINIUM METAL LTD	Non - Ferrous Metals	1.99%	0.0%
APOLLO HOSPITALS ENTERPRISE LTD	Healthcare Services	1.95%	0.0%
ONE 97 COMMUNICATIONS LTD	Financial Technology (Fintech)	1.95%	−11.1%
BHARAT FORGE LTD	Auto Components	1.93%	0.0%
DR. LAL PATH LABS LTD	Healthcare Services	1.93%	0.0%
GRAPHITE INDIA LTD	Industrial Products	1.90%	+33.4%
ACME SOLAR HOLDINGS LTD	Power	1.89%	−1.7%
ADANI PORTS AND SPECIAL ECONOMIC ZONE LTD	Transport Infrastructure	1.85%	0.0%
NUVOCO VISTAS CORPORATION LTD	Cement & Cement Products	1.82%	+2.7%
VARUN BEVERAGES LTD	Beverages	1.76%	0.0%
ABBOTT INDIA LTD	Pharmaceuticals & Biotechnology	1.63%	+3.7%
GLAXOSMITHKLINE PHARMACEUTICALS LTD	Pharmaceuticals & Biotechnology	1.52%	−20.8%
BAJAJ FINSERV LTD	Finance	1.50%	0.0%
ICICI LOMBARD GENERAL INSURANCE CO. LTD	Insurance	1.50%	0.0%
DCB BANK LTD	Banks	1.40%	0.0%
HDFC LIFE INSURANCE CO. LTD	Insurance	1.38%	0.0%
HITACHI ENERGY INDIA LTD	Electrical Equipment	1.29%	New
AMBER ENTERPRISES INDIA LTD	Consumer Durables	1.20%	+122.9%
360 ONE WAM LTD	Capital Markets	1.15%	0.0%
FIVE-STAR BUSINESS FINANCE LTD	Finance	1.09%	0.0%
DIXON TECHNOLOGIES (INDIA) LTD	Consumer Durables	1.06%	0.0%
GRAVITA INDIA LTD	Minerals & Mining	1.06%	0.0%
BAYER CROPSCIENCE LTD	Fertilizers & Agrochemicals	1.02%	0.0%
HINDUSTAN UNILEVER LTD	Diversified FMCG	0.97%	0.0%
LOHIA CORP LTD	Industrial Manufacturing	0.94%	−21.1%
SBI CARDS AND PAYMENT SERVICES LTD	Finance	0.79%	0.0%
SHREE CEMENT LTD	Cement & Cement Products	0.49%	−32.1%
DEE DEVELOPMENT ENGINEERS LTD	Industrial Manufacturing	0.22%	0.0%
TATA NIFTY INDIA DIGITAL EXCHANGE TRADED FUND	CAPITAL MARKETS	0.00%

Tata Business Cycle Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

METROPOLIS HEALTHCARE LTD	Reduced	−7.3%	4.25%
PB FINTECH LTD	Added	+11.5%	2.13%
ADANI ENERGY SOLUTIONS LTD	Added	+8.1%	2.53%
OIL & NATURAL GAS CO.	Added	+4.4%	2.14%
ONE 97 COMMUNICATIONS LTD	Reduced	−11.1%	1.95%
SEDEMAC MECHATRONICS LTD	Reduced	−6.8%	1.99%
THE RAMCO CEMENTS LTD	Added	+3.8%	1.99%
GLAXOSMITHKLINE PHARMACEUTICALS LTD	Reduced	−20.8%	1.52%
GRAPHITE INDIA LTD	Added	+33.4%	1.90%
ACME SOLAR HOLDINGS LTD	Reduced	−1.7%	1.89%
NUVOCO VISTAS CORPORATION LTD	Added	+2.7%	1.82%
ABBOTT INDIA LTD	Added	+3.7%	1.63%
HITACHI ENERGY INDIA LTD	New	New	1.29%
AMBER ENTERPRISES INDIA LTD	Added	+122.9%	1.20%
EMMVEE PHOTOVOLTAIC POWER LTD	Sold out	−100%	was 1.11%
LOHIA CORP LTD	Reduced	−21.1%	0.94%
BHARAT HEAVY ELECTRICALS LTD	Sold out	−100%	was 0.94%
SHREE CEMENT LTD	Reduced	−32.1%	0.49%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Tata Business Cycle Fund bought and sold

Tata Business Cycle Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Tata Balanced Advantage FundBalanced Advantage · Tata	36.1%	27	Compare
Tata Flexi Cap FundFlexi Cap · Tata	29.5%	19	Compare
Tata Multi Asset Allocation FundMulti Asset · Tata	29.0%	27	Compare
Mirae Asset Large Cap FundLarge Cap · Mirae Asset	27.9%	16	Compare
Aditya Birla Sun Life Large Cap FundLarge Cap · Aditya Birla Sun Life	27.1%	19	Compare
JM Large Cap FundLarge Cap · JM Financial	26.7%	13	Compare
Tata Focused FundFocused · Tata	26.6%	10	Compare
Bandhan ELSS - Tax Saver FundELSS · Bandhan	26.3%	14	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Tata Business Cycle Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.94%
Expense ratio (Regular): 2.19%
Category: Thematic
Risk: Very High
Benchmark: Nifty 500 TRI
Launch date: 04-08-2021
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹2,415.57 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149071
ISIN (Direct): INF277KA1166
Scheme code (Regular): 149068
ISIN (Regular): INF277KA1190
NAV history: From 11-08-2021, 5.2 years

Exit load: Exit load of 0.50%, if redeemed within 30 days.

Tax on Tata Business Cycle Fund returns

Tata Business Cycle Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹18.5704	30-10-2026
direct	IDCW Payout	₹18.5704	30-10-2026
direct	IDCW Reinvestment	₹18.5704	30-10-2026
regular	Growth	₹17.1195	30-10-2026
regular	IDCW Payout	₹17.1195	30-10-2026
regular	IDCW Reinvestment	₹17.1195	30-10-2026

About Tata Business Cycle Fund

Tata Business Cycle Fund is a mutual fund from Tata Mutual Fund. Its category is Thematic. It was launched on 04-08-2021. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 50 securities.

Fund Manager

Murthy Nagarajan
Fund manager of Tata Business Cycle Fund, since 04-08-2021
Rahul Singh
Fund manager of Tata Business Cycle Fund, since 04-08-2021
Sailesh Jain
Fund manager of Tata Business Cycle Fund, since 04-08-2021
Hasmukh Vishariya
Fund manager of Tata Business Cycle Fund, since 01-03-2025

See all funds of Tata Mutual Fund

AUM change

September 2026: ₹2,415.57 Cr; −7.18% from August 2026
August 2026: ₹2,602.35 Cr; −1.19% from July 2026
July 2026: ₹2,633.73 Cr; −1.27% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Tata Business Cycle Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Tata Business Cycle vs Nippon India Taiwan EquityThematic
Tata Business Cycle vs HDFC DefenceThematic
Tata Business Cycle vs HDFC Pharma and HealthcareThematic
Tata Business Cycle vs SBI Healthcare OpportunitiesThematic
Tata Business Cycle vs Aditya Birla Sun Life International EquityThematic
Tata Business Cycle vs Tata Balanced Advantage36.1% overlap
Tata Business Cycle vs Tata Flexi Cap29.5% overlap
Tata Business Cycle vs Tata Multi Asset Allocation29.0% overlap

Compare with any other fund

Frequently Asked Questions for Tata Business Cycle Fund

What is the current NAV of Tata Business Cycle Fund?

The Direct plan NAV is ₹18.5704. The Regular plan NAV is ₹17.1195, as on 30-10-2026.

What are the returns of Tata Business Cycle Fund?

The Direct plan returned −9.95% in 1 year, +9.10% a year over 3 years, +11.90% a year over 5 years. The Regular plan returned −11.13% in 1 year, +7.54% a year over 3 years, +10.18% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Tata Business Cycle Fund?

The Direct plan charges 0.94% a year. The Regular plan charges 2.19% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of Tata Business Cycle Fund?

Tata Business Cycle Fund managed ₹2,415.57 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Tata Business Cycle Fund?

At the end of September 2026 the largest holdings were RELIANCE (4.80%), METROPOLIS (4.25%), AXISBANK (3.95%), JINDALSTEL (3.92%), HDFCBANK (3.73%). The fund held 50 securities in all.

What did Tata Business Cycle Fund buy and sell in September 2026?

It bought 1 new stock: HITACHI ENERGY INDIA LTD. It sold out of 2: EMMVEE PHOTOVOLTAIC POWER LTD, BHARAT HEAVY ELECTRICALS LTD. It added shares in 8. It reduced 7.

How do I invest in Tata Business Cycle Fund?

Through Tata Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Tata Business Cycle Fund?

Murthy Nagarajan (since 04-08-2021), Rahul Singh (since 04-08-2021), Sailesh Jain (since 04-08-2021), Hasmukh Vishariya (since 01-03-2025).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.