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Union Business Cycle Fund - Direct Plan - IDCW Option

Union Mutual Fund · Sectoral/Thematic · Direct · IDCW

NAV · as of 11/09/2026

12.18

1D

-0.08%

1Y

+6.01%

Key stats

Expense ratio
1.03%
AUM
₹509.90 Cr
Launched
05/03/2024
Fund manager
Harshad Patwardhan; Pratik Dharmshi
Portfolio turnover
1.52%
Risk
Very High Risk
Min lump-sum
₹1,000
Min SIP
₹500/mo
Fresh lump-sum
Accepted
Fresh SIP
Accepted

NAV history

Union Business Cycle Fund - Direct Plan - IDCW Option

12/08/2026 to 11/09/2026

O - H - L -

12.3712.1812/08/202611/09/2026
1W-0.57%
1M-1.22%
3M+3.75%
6M+14.26%
1Y+6.01%
MAX+22.04%

Top holdings

69 disclosed
  • 1.

    ICICI Bank Ltd

    Financial Services

    8.97%
  • 2.

    Larsen & Toubro Ltd

    Industrials

    4.20%
  • 3.

    HDFC Bank Ltd

    Financial Services

    4.12%
  • 4.

    Treps

    3.63%
  • 5.

    Axis Bank Ltd

    Financial Services

    3.19%
  • 6.

    State Bank of India

    Financial Services

    3.05%
  • 7.

    One97 Communications Ltd

    Technology

    2.63%
  • 8.

    Ujjivan Small Finance Bank Ltd Ordinary Shares

    Financial Services

    2.55%
  • 9.

    Sona BLW Precision Forgings Ltd

    Consumer Cyclical

    2.23%
  • 10.

    Reliance Industries Ltd

    Energy

    2.23%
  • 11.

    Tech Mahindra Ltd

    Technology

    2.23%
  • 12.

    Coforge Ltd

    Technology

    2.18%
  • 13.

    Bharat Heavy Electricals Ltd

    Industrials

    2.13%
  • 14.

    Solar Industries India Ltd

    Basic Materials

    2.05%
  • 15.

    Sai Life Sciences Ltd

    Healthcare

    2.01%
  • 16.

    Prestige Estates Projects Ltd

    Real Estate

    1.97%
  • 17.

    Navin Fluorine International Ltd

    Basic Materials

    1.94%
  • 18.

    Apollo Hospitals Enterprise Ltd

    Healthcare

    1.80%
  • 19.

    Mphasis Ltd

    Technology

    1.79%
  • 20.

    Cipla Ltd

    Healthcare

    1.77%
  • 21.

    Shriram Finance Ltd

    Financial Services

    1.72%
  • 22.

    Tata Motors Ltd

    Consumer Cyclical

    1.71%
  • 23.

    Power Mech Projects Ltd

    Industrials

    1.69%
  • 24.

    Arvind Ltd

    Consumer Cyclical

    1.63%
  • 25.

    Motherson Sumi Wiring India Ltd

    Consumer Cyclical

    1.62%
  • 26.

    Krishna Institute of Medical Sciences Ltd

    Healthcare

    1.57%
  • 27.

    RBL Bank Ltd

    Financial Services

    1.56%
  • 28.

    GE Vernova T&D India Ltd

    Industrials

    1.53%
  • 29.

    Delhivery Ltd

    Industrials

    1.51%
  • 30.

    Dixon Technologies (India) Ltd

    Technology

    1.47%
  • 31.

    Mankind Pharma Ltd

    Healthcare

    1.47%
  • 32.

    Cholamandalam Investment and Finance Co Ltd

    Financial Services

    1.39%
  • 33.

    Cummins India Ltd

    Industrials

    1.36%
  • 34.

    Maruti Suzuki India Ltd

    Consumer Cyclical

    1.28%
  • 35.

    360 One Wam Ltd Ordinary Shares

    Financial Services

    1.19%
  • 36.

    Data Patterns (India) Ltd

    Industrials

    1.16%
  • 37.

    Aurobindo Pharma Ltd

    Healthcare

    1.13%
  • 38.

    KEI Industries Ltd

    Industrials

    1.10%
  • 39.

    ZF Commercial Vehicle Control Systems India Ltd

    Consumer Cyclical

    1.07%
  • 40.

    JSW Steel Ltd

    Basic Materials

    1.04%
  • 41.

    Aarti Industries Ltd

    Basic Materials

    1.01%
  • 42.

    InterGlobe Aviation Ltd

    Industrials

    1.01%
  • 43.

    Bank of Maharashtra

    Financial Services

    1.00%
  • 44.

    Fusion Finance Ltd

    Financial Services

    0.99%
  • 45.

    CreditAccess Grameen Ltd Ordinary Shares

    Financial Services

    0.98%
  • 46.

    Zen Technologies Ltd

    Industrials

    0.96%
  • 47.

    PVR INOX Ltd

    Communication Services

    0.90%
  • 48.

    Angel One Ltd Ordinary Shares

    Financial Services

    0.89%
  • 49.

    Garden Reach Shipbuilders & Engineers Ltd

    Industrials

    0.84%
  • 50.

    Jindal Saw Ltd

    Basic Materials

    0.79%
  • 51.

    Dr. Lal PathLabs Ltd

    Healthcare

    0.78%
  • 52.

    Cemindia Projects Ltd

    Industrials

    0.74%
  • 53.

    K.P.R. Mill Ltd

    Consumer Cyclical

    0.71%
  • 54.

    Bharat Electronics Ltd

    Industrials

    0.71%
  • 55.

    Gokaldas Exports Ltd

    Consumer Cyclical

    0.69%
  • 56.

    Adani Enterprises Ltd

    Energy

    0.67%
  • 57.

    Corona Remedies Ltd

    Healthcare

    0.57%
  • 58.

    Wockhardt Ltd

    Healthcare

    0.48%
  • 59.

    Net Receivable / Payable

    0.46%
  • 60.

    Hindustan Copper Ltd

    Basic Materials

    0.40%
  • 61.

    Indo Count Industries Ltd

    Consumer Cyclical

    0.35%
  • 62.

    India (Republic of)

    0.08%
  • 63.

    Tvs Motor Company Limited

    0.03%
  • 64.

    Bandhan Bank Ltd

    -
  • 65.

    Syngene International Ltd

    -
  • 66.

    JSW Energy Ltd

    -
  • 67.

    Suzlon Energy Ltd

    -
  • 68.

    Max Financial Services Ltd

    -
  • 69.

    Tata Steel Ltd

    -

Sector allocation

  • Financial Services31.62%
  • Industrials18.93%
  • Healthcare11.58%
  • Consumer Cyclical11.29%
  • Technology10.30%
  • Basic Materials7.23%
  • Unclassified4.21%
  • Energy2.90%
  • Real Estate1.97%
  • Communication Services0.90%

Comparable peers

  • SBI Healthcare Opportunities IDCW Payout Direct Plan

    SBI Healthcare Opportunities IDCW Payout (DP) · ₹5.40 K Cr AUM

    1Y+22.46%
    3Y+24.66%
    -

  • HDFC Transportation & Logistics IDCW Reinvest Direct Plan

    HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • HDFC Transportation & Logistics IDCW Payout Direct Plan

    HDFC Transportation & Logistics IDCW Payout (DP) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • HDFC Transportation & Logistics IDCW Reinvest Direct Plan

    HDFC Transportation & Logistics IDCW Reinvest (DR) · ₹1.96 K Cr AUM

    1Y+9.29%
    3Y+25.53%
    -

  • Union Business Cycle IDCW Reinvest Direct Plan

    Union Business Cycle IDCW Reinvest (DR) · ₹509.90 Cr AUM

    1Y+6.09%
    3Y0.00%
    -

Investment objective

The investment objective of the Scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.

Scheme details

Scheme code
152410
Fund house
Union Mutual Fund
Category
Open Ended
Type
Equity Scheme
Sub-category
Sectoral/Thematic
Plan
Direct
Return type
IDCW
ISIN (Growth)
INF582M01JR8
ISIN (Div. Reinvest)
INF582M01JS6
Tradable on exchange
No

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