Tata Business Cycle Fund
NAV
₹20.83
as of 21 Aug 2026
Tata Business Cycle Fund is an open-ended Sectoral/ Thematic scheme from Tata Mutual Fund managing ₹2,634 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹20.83 as of 21 Aug 2026. The expense ratio is 0.6% a year. Managed by Murthy Nagarajan. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.6% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,634 crore
- as of 31 Jul 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 4 Aug 2021
- ISIN
- INF277KA1166
₹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 20 Aug 2026Benchmark: Nifty 500 TRI
Tata Business Cycle Fund
₹210
+110% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹193
+93% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 3.61% | 6.78% | -3.17 |
| 6 months | 3.30% | 3.68% | -0.38 |
| 1 year | 3.01% | 6.07% | -3.06 |
| 3 years (CAGR) | 14.21% | 16.01% | -1.80 |
| 5 years (CAGR) | 15.90% | 15.20% | +0.70 |
Category average across 119 funds, as of 21 Aug 2026. 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
- -8.6%
- Median
- 11.9%
- Best
- 57.5%
49 windows over the last 60 months, stepped monthly; 90% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 14.7%
- Median
- 20.0%
- Best
- 28.0%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.53
- Sortino ratio (3Y)
- 0.80
- Standard deviation (3Y)
- 15.30%
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.
Deepest fall
-19.3%
Right now
-4.8% below peak
Where the money actually is
Equity
97.9%
Cash
2.1%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
57 positions · top 10 = 34.3%
Market-cap mix
Large 47.4%Mid 22.5%Small 26.9%Other 3.2%
as of 31 Jul 2026
Holdings by sector
Financial Services(4 in top 10)27.6%
- Axis Bank Ltd3.63%
- HDFC Bank Ltd3.61%
- L&T Finance Ltd3.07%
- PB Fintech Ltd2.64%
Basic Materials(1 in top 10)17.3%
- Jindal Steel Ltd3.49%
Industrials(2 in top 10)14.3%
- Delhivery Ltd3.00%
- Larsen & Toubro Ltd2.80%
Healthcare(1 in top 10)9.8%
- Metropolis Healthcare Ltd4.52%
Energy(1 in top 10)6.9%
- Reliance Industries Ltd4.85%
- Consumer Defensive6.7%
Utilities(1 in top 10)6.1%
- Adani Energy Solutions Ltd2.69%
- Technology3.7%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 50.3% vs category 37.3% a year.
The businesses it owns
- P/E (trailing)
- 27.8 vs category 25.8
- P/B
- 3.0 vs category 3.8
- Dividend yield
- 0.9% vs category 1.1%
- Net margin
- 16.4% vs category 15.4%
- Earnings growth
- 12.7%
- Avg market cap
- ₹98,346 crore
Money in, money out
- Net flow, 12 months
- −₹332 cr
- Net flow, 3 months
- −₹119 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Tata Business Cycle Fund?
- ₹20.83 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Tata Business Cycle Fund?
- 0.6% a year for the Direct plan, as of 30 Jun 2026.
- How large is Tata Business Cycle Fund?
- ₹2,634 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Tata Business Cycle Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of Tata Business Cycle Fund?
- 15.90% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 15.20%. Past returns do not predict future returns.
- What is the worst 3-year return of Tata Business Cycle Fund?
- 14.7% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 20.0% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Tata Business Cycle Fund?
- Murthy Nagarajan, managing this fund for 5 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₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Tata Digital India Fund₹10,214 crore
- Tata Ethical Fund₹3,865 crore
- HDFC Business Cycle Fund₹2,739 crore
- ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND₹2,738 crore
- SBI Quality Fund₹2,525 crore
- Nippon India Consumption Fund₹2,514 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.