Business Cycle Funds identify sectors that are undergoing a business upcycle or that are expected to and then add stocks within those sectors that stand to benefit
From one in December 2020, there are about 10 funds under the cyclical theme now. Moneycontrol takes a look at the pros and cons of the category which is gaining traction with the expansion of the economy
Over the past year, these business cycle themed mutual fund schemes delivered an average return of 11 percent while the NIFTY 50 – TRI cranked out four percent