MFIC › Sectors & industries › Business cycle & rotation
Business cycle & rotation mutual funds
20 actively managed thematic schemes and 0 index funds or ETFs whose names point to Business cycle & rotation, with the market index they follow. Returns from AMFI NAVs as of 27 Oct 2026.
Active schemes
20
Index funds & ETFs
0
Active: median 3Y CAGR
12.4%
Index & ETF: median 3Y CAGR
n/a
Active ahead of own benchmark TRI (3Y)
9 of 10
AUM of these schemes
₹37,858 cr
Portfolio holdings: not connected. MFIC does not yet read each fund house's monthly portfolio, so it cannot show which stocks these schemes own, how much of each scheme is actually in this sector, or how much they overlap with your diversified funds. Schemes are grouped by the sector or theme in their name; check the latest factsheet for current holdings.
Actively managed schemes Sectoral/Thematic category · Direct plans · alphabetical
| Scheme | 1Y return | 3Y CAGR | 5Y CAGR | Volatility | Max drawdown | 3Y vs own benchmark TRI | TER | AUM (₹ cr) |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Business Cycle Fund Aditya Birla Sun Life Mutual Fund · Sectoral/Thematic · Direct | −0.9% | 12.6% | n/a | 15.4% | −17.8% | +2.6 pp | 1.56% | 1,673 |
| Axis Business Cycles Fund Axis Mutual Fund · Sectoral/Thematic · Direct | −3.8% | 12.0% | n/a | 16.4% | −19.3% | +1.9 pp | 1.63% | 1,916 |
| Bandhan Business Cycle Fund Bandhan Mutual Fund · Sectoral/Thematic · Direct | −9.5% | n/a | n/a | n/a | −17.6% | n/a | 1.02% | 969 |
| Bank of India Business Cycle Fund Bank of India Mutual Fund · Sectoral/Thematic · Direct | −2.3% | n/a | n/a | n/a | −25.2% | n/a | 1.37% | 413 |
| Baroda BNP Paribas Business Cycle Fund Baroda BNP Paribas Mutual Fund · Sectoral/Thematic · Direct | −2.5% | 12.2% | 9.9% | 16.3% | −20.3% | +2.5 pp | 1.07% | 519 |
| DSP Business Cycle Fund DSP Mutual Fund · Sectoral/Thematic · Direct | −5.0% | n/a | n/a | n/a | −14.8% | n/a | 1.12% | 1,498 |
| Edelweiss Business Cycle Fund Edelweiss Mutual Fund · Sectoral/Thematic · Direct | −2.7% | n/a | n/a | n/a | −26.4% | n/a | 1.28% | 1,281 |
| HDFC Business Cycle Fund HDFC Mutual Fund · Sectoral/Thematic · Direct | −4.2% | 10.5% | n/a | 15.5% | −18.0% | +0.2 pp | 1.16% | 2,519 |
| HSBC Business Cycles Fund HSBC Mutual Fund · Sectoral/Thematic · Direct | −4.9% | 15.0% | n/a | 20.7% | −23.4% | +4.7 pp | 1.15% | 1,107 |
| ICICI Prudential Business Cycle Fund ICICI Prudential Mutual Fund · Sectoral/Thematic · Direct | −9.7% | 14.2% | 13.1% | 14.6% | −14.4% | +4.1 pp | 1.04% | 14,500 |
| Invesco India Business Cycle Fund Invesco Mutual Fund · Sectoral/Thematic · Direct | 5.1% | n/a | n/a | n/a | −16.0% | n/a | 0.84% | 1,361 |
| ITI Business Cycle Fund ITI Mutual Fund · Sectoral/Thematic · Direct | n/a | n/a | n/a | n/a | −12.3% | n/a | 1.63% | 110 |
| JioBlackRock Sector Rotation Fund Jio BlackRock Mutual Fund · Sectoral/Thematic · Direct | n/a | n/a | n/a | n/a | −12.5% | n/a | 0.80% | 162 |
| Kotak Business Cycle Fund Kotak Mahindra Mutual Fund · Sectoral/Thematic · Direct | 0.3% | 15.9% | n/a | 15.4% | −18.4% | +5.4 pp | 0.75% | 3,296 |
| Mahindra Manulife Business Cycle Fund Mahindra Manulife Mutual Fund · Sectoral/Thematic · Direct | −4.5% | 15.8% | n/a | 17.0% | −21.4% | +5.8 pp | 0.94% | 1,220 |
| quant Business Cycle Fund quant Mutual Fund · Sectoral/Thematic · Direct | 0.3% | 10.3% | n/a | 20.9% | −29.2% | +0.2 pp | 1.44% | 863 |
| Shriram Multi Sector Rotation Fund Shriram Mutual Fund · Sectoral/Thematic · Direct | −3.5% | n/a | n/a | n/a | −29.6% | n/a | 0.98% | 145 |
| Sundaram Business Cycle Fund Sundaram Mutual Fund · Sectoral/Thematic · Direct | −7.5% | n/a | n/a | n/a | −19.5% | n/a | 1.11% | 1,583 |
| Tata Business Cycle Fund Tata Mutual Fund · Sectoral/Thematic · Direct | −9.5% | 9.3% | 11.3% | 16.1% | −20.0% | −0.8 pp | 0.92% | 2,262 |
| Union Business Cycle Fund Union Mutual Fund · Sectoral/Thematic · Direct | −3.7% | n/a | n/a | n/a | −19.9% | n/a | 1.81% | 462 |
"3Y vs own benchmark TRI" is the scheme's 3-year CAGR minus that of the total return index it is benchmarked to, as published by AMFI. Alphabetical order, not a ranking. Rolling returns and risk for this group
Questions
- How many mutual funds invest in Business cycle & rotation in India?
- MFIC finds 20 actively managed sectoral or thematic schemes and 0 index funds or ETFs whose names point to Business cycle & rotation (Direct plans; ETFs have a single plan), from AMFI's daily NAV file dated 27 Oct 2026.
- Does every scheme on this page hold only Business cycle & rotation stocks?
- Not necessarily. MFIC groups schemes by the sector or theme in the scheme name. SEBI requires sectoral and thematic schemes to keep at least 80% in their stated sector or theme, but the exact holdings come from each fund house's monthly portfolio, which MFIC does not yet read. Check the latest factsheet before relying on a scheme's exposure.
- Are sector funds riskier than diversified equity funds?
- A sector fund depends on one part of the economy, so its returns usually swing more than a diversified fund's and can lag for long periods. The volatility and maximum drawdown columns on this page show how much each scheme has moved in the past; past movements do not predict future ones.
Data & disclosure. Scheme list, categories and NAVs from AMFI; returns and risk calculated by MFIC from daily NAVs; benchmark TRI comparison and TER as published via AMFI; index levels and valuations from NSE. Sector and theme groups are MFIC's own grouping from scheme names, not an AMFI or SEBI classification, and holdings are not connected. Educational information, not investment advice or a recommendation to buy or sell. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance is not indicative of future performance. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155).
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