Union Business Cycle Fund
NAV
₹12.35
as of 21 Aug 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 ₹12.35 as of 21 Aug 2026. The expense ratio is 1.03% a year. Managed by Harshad Patwardhan. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.03% / yr
- as of 30 Jun 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 20 Aug 2026Benchmark: Nifty 500 Index (TRI
Union Business Cycle Fund
₹123
+23% on ₹100 over 2.5 yrs
Sectoral/ Thematic average
₹126
+26% on ₹100 over 2.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 4.85% | – | – |
| 6 months | 3.97% | – | – |
| 1 year | 7.69% | – | – |
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%
18 windows over the last 29 months, stepped monthly; 72% 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
-0.2% below peak
Where the money actually is
Equity
97.3%
Cash
2.7%
Whole-portfolio split, as of 30 Jun 2026.
What it owns
63 positions · top 10 = 39.7%
Market-cap mix
Large 50.7%Mid 17.8%Small 28.8%Other 2.7%
as of 30 Jun 2026
Holdings by sector
Financial Services(4 in top 10)32.3%
- ICICI Bank Ltd8.43%
- Axis Bank Ltd4.99%
- HDFC Bank Ltd4.57%
- State Bank of India2.99%
Industrials(6 in top 10)28.1%
- Larsen & Toubro Ltd4.60%
- Bharat Heavy Electricals Ltd3.00%
- InterGlobe Aviation Ltd2.97%
- GE Vernova T&D India Ltd2.79%
- Cummins India Ltd2.75%
- Power Mech Projects Ltd2.63%
- Consumer Cyclical9.9%
- Basic Materials8.5%
- Healthcare8.4%
- Technology4.4%
- Energy2.8%
- Utilities2.1%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026. Portfolio turnover 210.0% a year.
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)
- 28.3
- P/B
- 3.7
- Dividend yield
- 0.6%
- Net margin
- 15.9%
- Earnings growth
- 12.8%
- Avg market cap
- ₹1.24 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?
- ₹12.35 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Union Business Cycle Fund?
- 1.03% a year for the Direct plan, as of 30 Jun 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₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- Union Innovation & Opportunities Fund₹1,253 crore
- Kotak Transportation & Logistics Fund₹532 crore
- Baroda BNP Paribas Health and Wellness Fund₹519 crore
- Nippon India Active Momentum Fund₹505 crore
- Bajaj Finserv Banking and Financial Services Fund₹503 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.