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HDFC Business Cycle Fund - Regular Plan - Growth

  • Regular
  • Direct
Category : Sectoral/Thematic
Fund House : HDFC Mutual Fund
Portfolio Turnover Ratio : 67.17%. Category average turnover ratio is 90.16%. Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 95.31% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.31%
No of Stocks : 68 (Category Avg - 44.38) | Large Cap Investments : 30.69%| Mid Cap Investments : 8.87% | Small Cap Investments : 9.31% | Other : 46.44%

Portfolio Summary (as on 31st Aug,2025)

Particulars This Scheme Category
No. of Stocks 68 43.22
Top 5 Stock Weight 27.55% 32.69%
Top 10 Stock Weight 42.92% 49.86%
Top 3 Sector Weight 30.85% 43.86%
Particulars This Scheme Category
Average mcap (Cr) 47354.02 74068.93
Holdings in large cap stocks 30.69% 38.11%
Holdings in mid cap stocks 8.87% 14.83%
Holdings in small cap stocks 9.31% 13.3%

Top 10 Stocks holding in Portfolio (as on 31st Aug,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Eternal Ltd. E-retail/ e-commerce 2001.7 6.93% 0.22% 6.93% (Aug 2025) 3.15% (Oct 2024) 63.76 L 0.00
ICICI Bank Ltd. Private sector bank 1945.7 6.74% -1.20% 9.79% (Oct 2024) 6.74% (Aug 2025) 13.92 L -1.75 L
- Bharti Airtel Ltd. Telecom - cellular & fixed line services 1732 6.00% 0.00% 8.3% (Apr 2025) 6% (Jul 2025) 9.17 L 0.00
HDFC Bank Ltd. Private sector bank 1151.4 3.99% -0.18% 7.75% (Oct 2024) 3.58% (Dec 2024) 12.10 L 6.05 L
Vishal Mega Mart Ltd. Diversified retail 1122.7 3.89% 0.30% 3.89% (Aug 2025) 0% (Sep 2024) 75.14 L 0.00
Anthem Biosciences Ltd. Biotechnology 1092.1 3.78% 0.70% 3.78% (Aug 2025) 0% (Sep 2024) 13.35 L 1.47 L
Fortis Healthcare Ltd. Hospital 953.6 3.30% 0.23% 3.3% (Aug 2025) 2.52% (Sep 2024) 10.46 L 0.00
Aptus Value Housing Finance India Ltd. Housing finance company 852.3 2.95% -0.06% 3.01% (Jul 2025) 0% (Sep 2024) 26.84 L 0.00
Titan Company Ltd. Gems, jewellery and watches 825.2 2.86% 0.26% 3.4% (Jan 2025) 1.79% (Mar 2025) 2.27 L 0.00
Kotak Mahindra Bank Ltd. Private sector bank 715.5 2.48% 0.01% 3.2% (Apr 2025) 2.34% (Sep 2024) 3.65 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.

Complete equity Portfolio (as on 31st Aug,2025)

Help me understand this table
Stock Invested in
Sector
Sector Total
Value(Mn)
% of Total Holdings
1M Change
1Y Highest Holding
1Y Lowest Holding
Quantity
1M Change in Qty
M-Cap
GroupName
Eternal Ltd. E-retail/ e-commerce 9.31 2001.7 6.93% 0.22% 6.93% (Aug 2025) 3.15% (Oct 2024) 63.76 L 0.00 Other 46.44
ICICI Bank Ltd. Private sector bank 14.89 1945.7 6.74% -1.20% 9.79% (Oct 2024) 6.74% (Aug 2025) 13.92 L -1.75 L Large Cap 30.69
- Bharti Airtel Ltd. Telecom - cellular & fixed line services 6 1732 6.00% 0.00% 8.3% (Apr 2025) 6% (Jul 2025) 9.17 L 0.00 Large Cap 30.69
HDFC Bank Ltd. Private sector bank 14.89 1151.4 3.99% -0.18% 7.75% (Oct 2024) 3.58% (Dec 2024) 12.10 L 6.05 L Other 46.44
Vishal Mega Mart Ltd. Diversified retail 3.89 1122.7 3.89% 0.30% 3.89% (Aug 2025) 0% (Sep 2024) 75.14 L 0.00 Other 46.44
Anthem Biosciences Ltd. Biotechnology 3.78 1092.1 3.78% 0.70% 3.78% (Aug 2025) 0% (Sep 2024) 13.35 L 1.47 L Other 46.44
Fortis Healthcare Ltd. Hospital 3.3 953.6 3.30% 0.23% 3.3% (Aug 2025) 2.52% (Sep 2024) 10.46 L 0.00 Other 46.44
Aptus Value Housing Finance India Ltd. Housing finance company 3.96 852.3 2.95% -0.06% 3.01% (Jul 2025) 0% (Sep 2024) 26.84 L 0.00 Other 46.44
Titan Company Ltd. Gems, jewellery and watches 2.86 825.2 2.86% 0.26% 3.4% (Jan 2025) 1.79% (Mar 2025) 2.27 L 0.00 Large Cap 30.69
Kotak Mahindra Bank Ltd. Private sector bank 14.89 715.5 2.48% 0.01% 3.2% (Apr 2025) 2.34% (Sep 2024) 3.65 L 0.00 Large Cap 30.69
Ambuja Cements Ltd. Cement & cement products 2.4 694.3 2.40% 0.10% 2.4% (Aug 2025) 0% (Sep 2024) 12.33 L 1.00 L Large Cap 30.69
J S W Energy Ltd. Power generation 2.74 678.3 2.35% -0.10% 2.7% (Mar 2025) 1.09% (Sep 2024) 13.89 L 0.00 Mid Cap 8.87
Adani Ports And Special Economic Zone Ltd. Port & port services 2.28 659.5 2.28% -0.08% 2.52% (May 2025) 0% (Sep 2024) 5.02 L 0.00 Large Cap 30.69
- Cholamandalam Investment & Finance Co. Ltd. Non banking financial company (nbfc) 3.21 652.1 2.26% 0.00% 2.26% (Aug 2025) 1.46% (Dec 2024) 4.59 L 0.00 Other 46.44
Phoenix Mills Ltd. Residential, commercial projects 3.12 624.7 2.16% 0.05% 2.16% (Aug 2025) 0% (Sep 2024) 4.16 L 0.00 Small Cap 9.31
Aether Industries Ltd. Specialty chemicals 3.08 583.1 2.02% -0.06% 2.08% (Jul 2025) 0.8% (Nov 2024) 7.92 L 0.00 Other 46.44
Eris Lifesciences Ltd. Pharmaceuticals 6.65 580.6 2.01% 0.03% 2.01% (Aug 2025) 0% (Sep 2024) 3.23 L 0.00 Small Cap 9.31
InterGlobe Aviation Ltd. Airline 1.97 570.3 1.97% -0.07% 2.04% (Jun 2025) 0% (Sep 2024) 1.01 L 0.00 Large Cap 30.69
Indusind Bank Ltd. Private sector bank 14.89 485.9 1.68% -0.11% 2.96% (Sep 2024) 1.55% (Mar 2025) 6.57 L 0.00 Large Cap 30.69
Escorts Ltd. Tractors 1.65 476.7 1.65% 0.40% 1.65% (Aug 2025) 0% (Sep 2024) 1.34 L 24.69 k Small Cap 9.31
Lupin Ltd. Pharmaceuticals 6.65 438.3 1.52% -0.01% 1.53% (Jul 2025) 0% (Sep 2024) 2.31 L 0.00 Large Cap 30.69
Swiggy Ltd. E-retail/ e-commerce 9.31 374.9 1.30% 0.04% 2.13% (Jun 2025) 0% (Sep 2024) 9.15 L 0.00 Other 46.44
Piramal Pharma Ltd. Pharmaceuticals 6.65 374 1.29% -0.08% 1.37% (Jul 2025) 0% (Sep 2024) 20.39 L 0.00 Other 46.44
Mankind Pharma Ltd. Pharmaceuticals 6.65 356.9 1.24% -0.03% 1.97% (Dec 2024) 1.24% (Aug 2025) 1.44 L 0.00 Other 46.44
# Bajaj Auto Ltd. 2/3 wheelers 1.71 345.3 1.20% 1.20% 1.2% (Aug 2025) 0% (Sep 2024) 40.00 k 40.00 k Large Cap 30.69
Schloss Bangalore Ltd. Hotels & resorts 1.47 337.1 1.17% -0.02% 1.19% (Jul 2025) 0% (Sep 2024) 8.44 L 0.00 Other 46.44
Balkrishna Industries Ltd. Tyres & rubber products 1.15 330.8 1.15% -0.17% 1.32% (Jul 2025) 0% (Sep 2024) 1.44 L 0.00 Mid Cap 8.87
Brainbees Solutions Ltd. E-retail/ e-commerce 9.31 311.3 1.08% 0.07% 1.18% (Sep 2024) 0% (Sep 2024) 8.59 L 0.00 Other 46.44
# SRF Ltd. Specialty chemicals 3.08 306.5 1.06% 1.06% 1.06% (Aug 2025) 0% (Sep 2024) 1.08 L 1.08 L Mid Cap 8.87
Tata Motors Ltd. Passenger cars & utility vehicles 1.03 297.7 1.03% 0.02% 8.23% (Mar 2025) 1.01% (Jul 2025) 4.45 L 0.00 Large Cap 30.69
Godrej Properties Ltd. Residential, commercial projects 3.12 275.9 0.96% -0.06% 1.12% (Jun 2025) 0% (Sep 2024) 1.42 L 0.00 Mid Cap 8.87
Shriram Finance Ltd. Non banking financial company (nbfc) 3.21 275.6 0.95% -0.07% 1.14% (Jun 2025) 0% (Sep 2024) 4.75 L 0.00 Other 46.44
Afcons Infrastructure Ltd. Civil construction 3.15 244.9 0.85% 0.05% 1.19% (Dec 2024) 0% (Sep 2024) 5.86 L 0.00 Other 46.44
# Pearl Global Industries Limited Trading – textiles 0.82 236.5 0.82% 0.82% 0.82% (Aug 2025) 0% (Sep 2024) 1.92 L 1.92 L Other 46.44
Aditya Birla Real Estate Ltd. Paper & paper products 0.77 223.8 0.77% -0.05% 1.05% (Jun 2025) 0% (Sep 2024) 1.28 L 0.00 Mid Cap 8.87
- Aadhar Housing Finance Ltd. Housing finance company 3.96 216.2 0.75% 0.00% 0.83% (Oct 2024) 0.62% (Feb 2025) 4.30 L 0.00 Other 46.44
G R Infraprojects Ltd. Civil construction 3.15 213.3 0.74% 0.03% 0.93% (Nov 2024) 0.63% (Apr 2025) 1.71 L 0.00 Other 46.44
Indraprastha Gas Ltd. Lpg/cng/png/lng supplier 0.72 206.7 0.72% 0.02% 0.74% (Mar 2025) 0% (Sep 2024) 10.00 L 0.00 Mid Cap 8.87
Timken India Ltd. Abrasives & bearings 0.9 204.2 0.71% -0.09% 0.84% (Jun 2025) 0.23% (Apr 2025) 70.71 k 0.00 Small Cap 9.31
Acme Solar Holdings Ltd. Holding company 0.68 196.4 0.68% 0.02% 0.68% (Aug 2025) 0% (Sep 2024) 6.90 L 0.00 Other 46.44
Orient Refractories Ltd. Electrodes & refractories 0.68 195.2 0.68% -0.03% 0.82% (Oct 2024) 0.61% (Feb 2025) 4.12 L 0.00 Small Cap 9.31
Sagility India Ltd. It enabled services 0.68 196.9 0.68% -0.04% 0.84% (Dec 2024) 0% (Sep 2024) 44.88 L 0.00 Other 46.44
Awfis Space Solutions Ltd. Diversified commercial services 0.63 182.4 0.63% -0.03% 1.39% (Sep 2024) 0.39% (Apr 2025) 3.22 L 0.00 Other 46.44
CG Power and Industrial Solutions Ltd. Heavy electrical equipment 1.15 178.8 0.62% 0.04% 0.62% (Aug 2025) 0.26% (Feb 2025) 2.58 L 0.00 Small Cap 9.31
Laurus Labs Ltd. Pharmaceuticals 6.65 171.4 0.59% -0.01% 0.6% (Jul 2025) 0% (Sep 2024) 2.00 L 0.00 Other 46.44
PNC Infratech Ltd. Civil construction 3.15 156.3 0.54% -0.01% 0.72% (Sep 2024) 0.47% (Mar 2025) 5.14 L 0.00 Small Cap 9.31
Cummins India Ltd. Compressors, pumps & diesel engines 0.53 153.7 0.53% 0.04% 0.53% (Aug 2025) 0.41% (Feb 2025) 40.18 k 0.00 Mid Cap 8.87
Aditya Infotech Ltd. Industrial products 1 150.1 0.52% 0.28% 0.52% (Aug 2025) 0% (Sep 2024) 1.19 L 15.04 k Other 46.44
Astral Ltd. Plastic products - industrial 0.51 146.5 0.51% -0.01% 1.76% (Sep 2024) 0.5% (Mar 2025) 1.08 L 0.00 Mid Cap 8.87
Au Small Finance Bank Ltd. Other bank 0.51 147.1 0.51% -0.50% 1.65% (Jun 2025) 0% (Sep 2024) 2.05 L -1.92 L Mid Cap 8.87
Ola Electric Mobility Ltd. 2/3 wheelers 1.71 146.5 0.51% 0.13% 1.77% (Nov 2024) 0.38% (Jul 2025) 27.10 L 0.00 Other 46.44
Inventurus Knowledge Solutions Ltd. It enabled services – software 0.48 137.6 0.48% -0.01% 1.64% (Dec 2024) 0% (Sep 2024) 90.86 k 0.00 Other 46.44
JNK India Ltd. Industrial products 1 139.8 0.48% -0.09% 1.47% (Dec 2024) 0.48% (Aug 2025) 4.74 L -0.43 L Other 46.44
- Ceigall India Ltd. Civil construction 3.15 125.7 0.44% 0.00% 0.6% (Oct 2024) 0.44% (Aug 2025) 5.13 L 0.00 Other 46.44
- Westlife Development Ltd. Restaurants 0.62 117.9 0.41% 0.00% 0.65% (Sep 2024) 0.41% (Jul 2025) 1.64 L 0.00 Small Cap 9.31
Siemens Energy India Ltd. Power generation 2.74 113.3 0.39% 0.02% 0.39% (Aug 2025) 0% (Sep 2024) 33.56 k 0.00 Other 46.44
Siemens Ltd. Heavy electrical equipment 1.15 102.8 0.36% 0.01% 0.84% (Nov 2024) 0.35% (Apr 2025) 33.56 k 0.00 Large Cap 30.69
Sula Vineyards Ltd. Breweries & distilleries 0.34 97.2 0.34% -0.04% 0.58% (Sep 2024) 0.34% (Aug 2025) 3.90 L 0.00 Other 46.44
Techno Electric & Engineering Co. Ltd. Civil construction 3.15 99.1 0.34% 0.01% 0.48% (Oct 2024) 0.33% (Mar 2025) 65.48 k 0.00 Small Cap 9.31
Crompton Greaves Consumer Electricals Ltd. Household appliances 0.31 88.8 0.31% 0.01% 1.07% (Sep 2024) 0.3% (Jul 2025) 2.69 L 0.00 Mid Cap 8.87
Chalet Hotels Ltd. Hotels & resorts 1.47 87 0.30% 0.03% 0.3% (Aug 2025) 0% (Sep 2024) 86.15 k 0.00 Other 46.44
Ellenbarrie Industrial Gases Ltd. Industrial gases 0.26 73.8 0.26% -0.02% 0.33% (Jun 2025) 0% (Sep 2024) 1.43 L 0.00 Other 46.44
- Home First Finance Company India Ltd. Housing finance company 3.96 75.4 0.26% 0.00% 0.29% (Jun 2025) 0% (Sep 2024) 61.86 k 0.00 Other 46.44
M&B Engineering Ltd. Civil construction 3.15 70.3 0.24% 0.03% 0.24% (Aug 2025) 0% (Sep 2024) 1.62 L 0.00 Other 46.44
- Sapphire Foods India Ltd. Restaurants 0.62 62 0.21% 0.00% 0.41% (Dec 2024) 0.2% (Mar 2025) 1.89 L 0.00 Other 46.44
- Grindwell Norton Ltd. Abrasives & bearings 0.9 56.2 0.19% 0.00% 0.27% (Oct 2024) 0.19% (Aug 2025) 35.95 k 0.00 Small Cap 9.31
ABB India Ltd. Heavy electrical equipment 1.15 50 0.17% -0.02% 0.25% (Sep 2024) 0.17% (Aug 2025) 10.00 k 0.00 Large Cap 30.69
Sai Life Sciences Ltd. Petrochemicals 0.12 33.6 0.12% 0.01% 0.19% (Dec 2024) 0% (Sep 2024) 40.79 k 0.00 Other 46.44
Hexaware Technologies Ltd. Computers - software & consulting 55.9 0.00% -0.19% - - - - Other 46.44
Belrise Industries Ltd. Auto components & equipments 128.5 0.00% -0.44% - - - - Other 46.44
- indicates change in weight in the portfolio. # indicates a new entry.

New Stocks added in Portfolio (in 1 month period ending 31st Aug,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
# Pearl Global Industries Limited Trading – textiles 236.5 0.82% 0.82% 0.82% (Aug 2025) 0% (Sep 2024) 1.92 L 191721
# SRF Ltd. Specialty chemicals 306.5 1.06% 1.06% 1.06% (Aug 2025) 0% (Sep 2024) 1.08 L 108041
# Bajaj Auto Ltd. 2/3 wheelers 345.3 1.20% 1.20% 1.2% (Aug 2025) 0% (Sep 2024) 40.00 k 40000

Stocks removed from Portfolio (in 1 month period ending 31st Aug,2025)

Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Hexaware Technologies Ltd. Computers - software & consulting 55.9 0.00% -0.19% 0.49% (Feb 2025) 0% (Sep 2024) 0.00 -79369
Belrise Industries Ltd. Auto components & equipments 128.5 0.00% -0.44% 0.6% (May 2025) 0% (Sep 2024) 0.00 -929919

Trend in stock holdings (Top 15 Holding)

Stock Aug 2025 Jul 2025 Jun 2025 May 2025 Apr 2025 Mar 2025 Feb 2025 Jan 2025 Dec 2024 Nov 2024 Oct 2024 Sep 2024 Aug 2024
ICICI Bank Ltd. 6.74% 7.94% 8.48% 8.77% 8.84% 8.45% 7.90% 7.65% 7.41% 8.66% 9.79% 8.95% 8.81%
Eternal Ltd. 6.93% 6.71% 6.33% 5.90% 11.76% 10.34% - - - - - - -
Zomato Ltd. - - - - - - 5.95% 4.33% 5.18% 5.18% 3.15% 3.30% 3.09%
Bharti Airtel Ltd. 6.00% 6.00% 6.24% 7.70% 8.30% 7.81% 7.41% 7.14% 6.60% 6.73% 6.74% 6.63% 6.28%
Larsen & Toubro Ltd. - - - 1.05% 1.99% 6.92% 8.72% 7.89% 7.56% 8.75% 7.51% 7.07% 7.26%
Tata Motors Ltd. 1.03% 1.01% 4.97% 8.11% 7.76% 8.23% 7.10% 5.50% 4.65% 4.91% 3.86% 3.81% 4.29%
HDFC Bank Ltd. 3.99% 4.17% 4.10% 4.12% 4.17% 4.00% 3.97% 3.62% 3.58% 3.61% 7.75% 7.18% 6.91%
Axis Bank Ltd. - - 1.68% 5.28% 6.21% 5.84% 5.64% 3.70% 3.79% 4.02% 4.15% 3.97% 3.86%
Vishal Mega Mart Ltd. 3.89% 3.59% 3.77% - - - - - - - - - -
Anthem Biosciences Ltd. 3.78% 3.08% - - - - - - - - - - -
Infosys Ltd. - - - - 1.21% 3.70% 4.16% 4.31% 2.70% 3.27% 3.13% 3.10% 3.73%
Fortis Healthcare Ltd. 3.30% 3.07% 2.81% 2.59% 2.57% 2.64% 2.59% 2.97% 3.16% 2.88% 2.76% 2.52% 2.31%
Titan Company Ltd. 2.86% 2.60% 2.02% 2.01% 1.95% 1.79% 2.64% 3.40% 3.00% 2.98% 3.03% 3.29% 3.13%
Kotak Mahindra Bank Ltd. 2.48% 2.47% 2.97% 2.94% 3.20% 3.18% 2.92% 2.71% 2.41% 2.37% 2.35% 2.34% 2.29%
Aptus Value Housing Finance India Ltd. 2.95% 3.01% 2.94% 2.03% 1.66% - - - - - - - -
Name Type of Instrument Weight (%)
TREPS TREPS 2.86%
Embassy Office Parks Reit InvITs 1.98%
Net Receivables Net Receivables -0.15%

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