Key metrics
Further reading: Why large-cap funds show deeper drawdowns than small caps
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -2.98% | -7.56% | -5.35% | 0.07% | -5.12% | 9.27% | – | – | – |
NAV history
About this fund
HDFC Business Cycle Fund is a sectoral/thematic equity fund offered by HDFC Mutual Fund, classified under Equity as Sectoral/Thematic - Business Cycle. Because it concentrates on one sector or theme, it typically shows larger price swings than diversified equity funds. Its latest NAV is ₹14.91, with assets under management of about ₹2,594 Cr (April - June 2026).
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Performance analysis
Over the trailing one year, HDFC Business Cycle Fund has recorded a return of about -5.1%, with a three-year return of 9.3%. Its annualised volatility is 12.8% — moderate fluctuations — and its Sharpe ratio is -0.90, a measure of return per unit of risk taken.
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Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 14.18 | 6.82 | -5.86 | 39.99 | 91% | 38% |
| 3Y | 13.16 | 12.89 | 9.27 | 16.40 | 100% | 75% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| HSBC Business Cycles Fund Sectoral/Thematic - Business Cycle | -7.52 | -3.81 | -2.69 | -4.64 | 13.94 | – | – | 0.86 |
| Axis Business Cycles Fund Sectoral/Thematic - Business Cycle | -6.64 | -4.45 | -2.05 | -3.68 | 11.49 | – | – | 1.11 |
| quant Business Cycle Fund Sectoral/Thematic - Business Cycle | -5.64 | -6.89 | -1.48 | -0.16 | 9.64 | – | – | 0.61 |
| Mahindra Manulife Business Cycle Fund Sectoral/Thematic - Business Cycle | -6.87 | -7.95 | -5.98 | -3.06 | 14.93 | – | – | 0.52 |
| Union Business Cycle Fund Sectoral/Thematic - Business Cycle | -5.98 | -5.11 | -2.41 | -4.15 | – | – | – | 1.03 |
| Sundaram Business Cycle Fund Sectoral/Thematic - Business Cycle | -10.16 | -5.67 | 0.81 | -6.97 | – | – | – | 0.50 |
| Edelweiss Business Cycle Fund Sectoral/Thematic - Business Cycle | -5.69 | -2.90 | -3.85 | -4.62 | – | – | – | 0.57 |
| Motilal Oswal Business Cycle Fund Sectoral/Thematic - Business Cycle | -8.78 | -3.33 | 4.90 | -9.13 | – | – | – | 0.84 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -3.22 | -3.88 | -3.88 | -5.26 | 9.82 | 12.52 | 13.46 | – |
| HDFC Infrastructure Fund Sectoral/Thematic - Infrastructure | -7.19 | -7.96 | -9.14 | -10.12 | 10.51 | 16.43 | 10.50 | – |
| HDFC Corporate Bond Fund Debt Scheme - Corporate Bond Fund | -0.92 | -0.73 | 1.27 | 2.73 | 6.65 | 6.01 | 7.05 | – |
| HDFC Mid Cap Fund Equity Scheme - Mid Cap Fund | -5.84 | -5.30 | -2.31 | -1.62 | 14.98 | 16.85 | 16.22 | – |
| HDFC Short Term Fund Debt Scheme - Short Duration Fund | -0.50 | 0.09 | 1.93 | 4.28 | 7.24 | 6.44 | 7.24 | – |
| HDFC Large Cap Fund Equity Scheme - Large Cap Fund | -4.85 | -6.66 | -5.58 | -9.49 | 7.40 | 8.64 | 11.51 | – |
| HDFC ELSS - Tax Saver Fund Equity Scheme - ELSS | -3.33 | -4.39 | -4.90 | -10.85 | 11.49 | 12.45 | 12.39 | – |
| HDFC Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -3.24 | -3.64 | -4.20 | -9.08 | 5.55 | 6.85 | 9.65 | – |