GMP IPO Watch
Tata Business Cycle Fund
Regular Plan · IDCW Payout Option · Tata Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +5.31% | +3.52% | 17 of 255 |
| 1M | +1.44% | +1.97% | 155 of 255 |
| 3M | -6.71% | -3.45% | 224 of 252 |
| 6M | -3.23% | +2.92% | 204 of 251 |
| YTD | -4.99% | +1.21% | 169 of 255 |
| 1Y | -5.92% | +1.11% | 165 of 232 |
| 2Y | -2.87% | +2.39% | 139 of 187 |
| 3Y | +8.89% | +12.36% | 86 of 142 |
| 5Y | +10.99% | +9.81% | 31 of 102 |
| INCEPTION | +12.00% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.26% | +22.34% | -15.74% | 66% | 26% |
| 6M | +6.93% | +30.48% | -18.60% | 70% | 28% |
| 1Y | +16.08% | +55.92% | -11.49% | 82% | 35% |
| 2Y | +17.87% | +42.84% | -6.88% | 87% | 40% |
| 3Y | +18.15% | +26.05% | +6.97% | 100% | 46% |
| 5Y | +12.20% | +14.31% | +9.40% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity97.76%
- Debt0.00%
- Cash2.24%
- Other0.00%
Market Cap Split
- Large Cap46.06%
- Mid Cap21.29%
- Small Cap30.41%
- Others2.24%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 28.20 | 28.09 |
| P/B | 3.07 | 4.63 |
| Price / Sales | 2.88 | 3.31 |
| Price / Cash Flow | 16.10 | 21.08 |
| Dividend Yield (%) | 0.89 | 1.16 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Reliance Industries | Petroleum Products | 4.80% | +0.01% |
| Metropolis Healthcare | Equity | 4.25% | -0.32% |
| Axis Bank | Banks | 3.95% | +0.06% |
| Jindal Steel | Ferrous Metals | 3.92% | +0.10% |
| HDFC Bank | Banks | 3.73% | +0.26% |
| L&T Finance | Finance | 2.96% | -0.37% |
| Larsen & Toubro | Construction | 2.92% | +0.01% |
| Delhivery | Transport Services | 2.78% | -0.10% |
| Cummins | Industrial Products | 2.58% | +0.01% |
| Adani Energy Solutions | Power | 2.53% | +0.19% |
| Ratnamani Metals & Tubes | Industrial Products | 2.52% | +0.25% |
| Ambuja Cements | Cement & Cement Products | 2.42% | +0.01% |
| Niva Bupa Health Insurance Company | Insurance | 2.41% | -0.02% |
| Shriram Finance | Finance | 2.35% | -0.11% |
| Oil & Natural Gas Corporation | Oil | 2.14% | +0.19% |
View all 52 holdings
| PB FinTech | Financial Technology (Fintech) | 2.13% | -1.00% |
| Godrej Properties | Realty | 2.10% | -0.31% |
| Marico | Agricultural Food & other Products | 2.08% | +0.06% |
| Tata Steel | Ferrous Metals | 2.03% | +0.15% |
| SEDEMAC Mechatronics | Auto Components | 1.99% | +0.24% |
| Ramco Cements | Cement & Cement Products | 1.99% | +0.14% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 1.99% | +0.05% |
| Apollo Hospitals | Equity | 1.95% | -0.02% |
| One 97 Communications | Financial Technology (Fintech) | 1.95% | -0.13% |
| Dr. Lal Path Labs | Equity | 1.93% | +0.18% |
| Bharat Forge | Auto Components | 1.93% | -0.03% |
| Graphite | Industrial Products | 1.90% | +0.69% |
| ACME Solar Holdings | Power | 1.89% | +0.26% |
| Adani Ports & SEZ | Transport Infrastructure | 1.85% | +0.33% |
| Nuvoco Vistas Corporation | Cement & Cement Products | 1.82% | +0.27% |
| CASH / NET CURRENT ASSET | Net Current Assets | 1.82% | — |
| Varun Beverages | Beverages | 1.76% | +0.25% |
| Abbott | Pharmaceuticals & Biotechnology | 1.63% | +0.24% |
| GlaxoSmithKline Pharmaceuticals | Pharmaceuticals & Biotechnology | 1.52% | -0.45% |
| Bajaj Finserv | Finance | 1.50% | -0.13% |
| ICICI Lombard General Insurance | Insurance | 1.50% | +0.12% |
| DCB Bank | Banks | 1.40% | +0.01% |
| HDFC Life Insurance | Insurance | 1.38% | +0.04% |
| Hitachi Energy | Electrical Equipment | 1.29% | — |
| Amber Enterprises | Consumer Durables | 1.20% | +0.63% |
| 360 One WAM | Capital Markets | 1.15% | -0.06% |
| Five Star Business Finance | Finance | 1.09% | +0.05% |
| Gravita India | Minerals & Mining | 1.06% | -0.17% |
| Dixon Technologies | Consumer Durables | 1.06% | -0.05% |
| Bayer Crop Science | Fertilizers & Agrochemicals | 1.02% | -0.02% |
| Hindustan Unilever | Diversified FMCG | 0.97% | +0.02% |
| Lohia Corp | Industrial Manufacturing | 0.94% | -0.16% |
| SBI Cards | Finance | 0.79% | -0.03% |
| Shree Cement | Cement & Cement Products | 0.49% | -0.20% |
| I) REPO | Reverse Repo / TREPS | 0.42% | — |
| DEE Development Engineers | Industrial Manufacturing | 0.22% | +0.04% |
| Tata Nifty India Digital ETF | CAPITAL MARKETS | 0.00% | +0.00% |
Sector Allocation · Sep 2026
View all 27 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.89 | 16.32 | Low Volatility |
| 3Y | 15.01 | 16.10 | Low Volatility |
| 5Y | 15.01 | 15.67 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.82 | -0.32 | Below Average |
| 3Y | 0.19 | -0.45 | Above Average |
| 5Y | 0.35 | 0.29 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.42 | 0.19 | Below Average |
| 3Y | 0.89 | 1.14 | Below Average |
| 5Y | 1.07 | 0.96 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From Tata Asset Management Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Tata Silver Exchange Traded Fund | +26.44% | — | — | +39.36% |
|
Tata Silver ETF Fund of Fund
Direct Plan · IDCW Reinvestment Option
|
+25.50% | — | — | +37.64% |
|
Tata Nifty Capital Markets Index Fund
Direct Plan · IDCW Payout Option
|
+19.89% | — | — | +21.71% |
|
Tata Nifty MidSmall Healthcare Index Fund
Direct Plan · IDCW Reinvestment Option
|
+17.94% | — | — | +18.48% |
| Tata Gold Exchange Traded Fund | +16.49% | — | — | +32.90% |
|
Tata Gold ETF Fund of Fund
Direct Plan · IDCW Reinvestment Option
|
+16.32% | — | — | +31.66% |
|
Tata Ultra Short Term Fund
Direct Plan · Monthly Reinvestment of Income Distribution cum capital withdrawal option
|
+6.91% | +7.27% | +6.74% | +6.49% |
|
Tata Arbitrage Fund
Direct Plan · Monthly Payout of Income Distribution cum capital withdrawal option
|
+6.71% | +7.42% | +6.95% | +5.88% |
|
Tata India Pharma & Healthcare Fund
Direct Plan · Growth Option
|
+6.67% | +19.61% | +15.20% | +13.24% |
|
Tata Money Market Fund
Direct Plan · Growth Option
|
+6.49% | +7.44% | +6.90% | +6.76% |
About This Scheme
Investment Objective
To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Stated Asset Allocation
Equity and equity related instruments selected on the basis of business cycle 80% - 100%, Other Equity & Equity related Instruments 0% - 20%, Money market instruments, other liquid instruments**, gold and/or silver instruments/ETF s as permitted by SEBI 0% - 20%, Units issued by InvITs# 0% - 10%. The scheme may invest in another scheme under the same asset management company or any other mutual fund without charging any fees, provided that aggregate inter-scheme investment made by all schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the net asset value of the mutual fund. Such investments shall be made in the schemes which are permitted by SEBI from time to time. ** Other liquid instruments include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. # A mutual fund may invest in the units of InvITs subject to the following: (a) No mutual fund under all its schemes shall own more than 10% of units issued by a single issuer of InvIT; and (b) The scheme shall not invest – i. more than 10% of its NAV in the units of InvIT; and ii. more than 5% of its NAV in the units of InvIT issued by a single issuer Units of Equity Mutual funds will be considered under allocation for Equity and Equity related instruments
Exit Load
Redemption/Switch-out/SWP/STP/non-SIP 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.
Fund Managers
FM-1 Murthy Nagarajan, FM-2 Rahul Singh, FM-3 Sailesh Jain, FM-4 Hasmukh Vishariya
FM-1 Primary, FM-2 Primary, FM-3 Assistant Fund Manager, FM-4 Fund Manager & Research Analyst
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.