Bandhan Business Cycle Fund
NAV
₹9.75
as of 6 Oct 2026
Bandhan Business Cycle Fund is an open-ended Sectoral/ Thematic scheme from Bandhan Mutual Fund managing ₹1,166 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹9.75 as of 6 Oct 2026. The expense ratio is 0.97% a year. Managed by Harshal Joshi. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.97% / yr
- as of 31 Aug 2026
- Fund size
- ₹1,166 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 30 Sept 2024
- ISIN
- INF194KB1IQ6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty 500 TRI
Bandhan Business Cycle Fund
₹97
−3% on ₹100 over 2.0 yrs
Sectoral/ Thematic average
₹98
−2% on ₹100 over 2.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -4.85% | – | – |
| 6 months | 1.94% | – | – |
| 1 year | -5.32% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -5.1%
- Median
- 2.6%
- Best
- 13.8%
14 windows over the last 25 months, stepped monthly; 64% ended positive. Worst window began 1 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-8.1% below peak
Where the money actually is
Equity
99.3%
Cash
0.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
97 positions · top 10 = 37.8%
Market-cap mix
Large 56.6%Mid 22.1%Small 20.6%Other 0.7%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)36.5%
- Axis Bank Ltd4.78%
- HDFC Bank Ltd4.69%
- ICICI Bank Ltd4.47%
- Bajaj Finance Ltd3.77%
Industrials(1 in top 10)15.0%
- Larsen & Toubro Ltd2.99%
Technology(2 in top 10)11.1%
- One97 Communications Ltd3.21%
- Infosys Ltd2.72%
Utilities(1 in top 10)8.1%
- NTPC Ltd3.08%
- Basic Materials7.0%
- Healthcare5.3%
- Consumer Cyclical4.9%
Energy(1 in top 10)4.8%
- Reliance Industries Ltd4.37%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 44.5% a year.
Other top holdings
- Bharti Airtel Ltd3.68%
The businesses it owns
- P/E (trailing)
- 21.0
- P/B
- 2.5
- Dividend yield
- 1.3%
- Net margin
- 16.8%
- Earnings growth
- 13.0%
- Avg market cap
- ₹1.43 lakh crore
Money in, money out
- Net flow, 12 months
- −₹472 cr
- Net flow, 3 months
- −₹105 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Bandhan Business Cycle Fund?
- ₹9.75 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Bandhan Business Cycle Fund?
- 0.97% a year for the Direct plan, as of 31 Aug 2026.
- How large is Bandhan Business Cycle Fund?
- ₹1,166 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Bandhan Business Cycle Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages Bandhan Business Cycle Fund?
- Harshal Joshi, managing this fund for 1.9 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- BANDHAN INNOVATION FUND₹2,645 crore
- BANDHAN Infrastructure Fund₹1,500 crore
- LIC MF Infrastructure Fund₹1,174 crore
- HDFC Housing Opportunities Fund₹1,167 crore
- Motilal Oswal Active Momentum Fund₹1,155 crore
- Nippon India Taiwan Equity Fund₹1,128 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.