Union Business Cycle Fund
NAV
₹11.82
as of 6 Oct 2026
Union Business Cycle Fund is an open-ended Sectoral/ Thematic scheme from Union Mutual Fund managing ₹510 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹11.82 as of 6 Oct 2026. The expense ratio is 1.89% a year. Managed by Harshad Patwardhan. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.89% / yr
- as of 31 Aug 2026
- Fund size
- ₹510 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 5 Mar 2024
- ISIN
- INF582M01JQ0
₹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 Index (TRI
Union Business Cycle Fund
₹117
+17% on ₹100 over 2.6 yrs
Sectoral/ Thematic average
₹119
+19% on ₹100 over 2.6 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -3.71% | – | – |
| 6 months | 5.42% | – | – |
| 1 year | 0.78% | – | – |
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
- -5.3%
- Median
- 2.7%
- Best
- 18.2%
20 windows over the last 31 months, stepped monthly; 75% ended positive. Worst window began 1 Oct 2024. 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
-5.7% below peak
Where the money actually is
Equity
96.7%
Cash
3.3%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
63 positions · top 10 = 35.4%
Market-cap mix
Large 46.6%Mid 20.1%Small 30.0%Other 3.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(5 in top 10)31.6%
- ICICI Bank Ltd8.97%
- HDFC Bank Ltd4.12%
- Axis Bank Ltd3.19%
- State Bank of India3.05%
- Ujjivan Small Finance Bank Ltd Ordinary Shares2.55%
Industrials(1 in top 10)18.9%
- Larsen & Toubro Ltd4.20%
- Healthcare11.6%
Consumer Cyclical(1 in top 10)11.3%
- Sona BLW Precision Forgings Ltd2.23%
Technology(1 in top 10)10.3%
- One97 Communications Ltd2.63%
- Basic Materials7.2%
Energy(1 in top 10)2.9%
- Reliance Industries Ltd2.23%
- Real Estate2.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 210.0% a year.
Other top holdings
- Treps3.63%
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 25.0
- P/B
- 3.6
- Dividend yield
- 0.8%
- Net margin
- 15.6%
- Earnings growth
- 13.3%
- Avg market cap
- ₹1.14 lakh crore
Money in, money out
- Net flow, 12 months
- −₹91 cr
- Net flow, 3 months
- −₹20 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Union Business Cycle Fund?
- ₹11.82 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Business Cycle Fund?
- 1.89% a year for the Direct plan, as of 31 Aug 2026.
- How large is Union Business Cycle Fund?
- ₹510 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Union 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 Union Business Cycle Fund?
- Harshad Patwardhan, managing this fund for 1.8 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
- Union Innovation & Opportunities Fund₹1,253 crore
- Kotak Transportation & Logistics Fund₹540 crore
- Kotak Technology Fund₹532 crore
- Baroda BNP Paribas Health and Wellness Fund₹507 crore
- WhiteOak Capital Digital Bharat Fund₹504 crore
- Union Active Momentum Fund₹493 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 Index (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.