3 Year return

0
Launched on November 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹2938.19 Cr.

Expense Ratio

0.72% (inclusive of GST)

Exit Load

In respect of each purchase/Switch-in of units, an Exit load of 1% is payable if units are redeemed/switched-out within 1 year from the date of allotment. No Exit Load is payable if units are redeemed / switched-out after 1 year from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

HDFC Mutual Fund Managers

RB

Rahul Baijal

Fund Manager since Apr 2022

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund Asset management company

AUM ₹617,677.76 Cr.
No. of Schemes 167
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Business Cycle Fund Growth Direct Plan

HDFC Business Cycle Fund Direct - Growth is an intriguing thematic mutual fund scheme by HDFC Mutual Fund. This fund picks domestic equities of large-cap, mid-cap and small-cap companies. This is an open-ended fund, which gives the investor an opportunity to invest at any time. Moreover, there is no lock-in period for this fund, offering investors the liberty to withdraw their investments at their convenience and requirements. The expense ratio of this fund is low compared to its category average.

Investment Objective of the Scheme

The HDFC Business Cycle Fund Direct-Growth aims for long-term capital appreciation. The unique feature of this fund is its focus on tapping into the opportunities presented by various business cycles. The fund dynamically allocates its investments across different sectors and stocks that are at different stages of business cycles, thus aiming to take advantage of economic fluctuations.

Key Features of The Fund

5-year return NA
Expense Ratio 0.72%
Fund Manager Rahul Baijal
Fund Size ₹2938.19 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The HDFC Business Cycle Fund may be an appropriate choice for those investors who have a sophisticated understanding of macroeconomic trends and are comfortable making selective bets for potentially higher returns. However, this comes with an acceptance of moderate to high risk. Investors who are comfortable with these parameters and have a long-term investment horizon may find this fund to be an exciting addition to their portfolio. However, as always, investors should carefully consider their own financial goals, risk tolerance, and investment horizon before making investment decisions.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email hello@hdfcfund.com
Website https://www.hdfcfund.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of HDFC Business Cycle Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Business Cycle Fund May 08 2024 is 13.302

What is the AUM of HDFC Business Cycle Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Business Cycle Fund is 2938.19 crore.

What is the expense ratio of HDFC Business Cycle Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HDFC Business Cycle Fund is 0.72%

What are the returns of HDFC Business Cycle Fund since inception?

The HDFC Business Cycle Fund was launched on Nov 11 2022. The fund has delivered a CAGR of 21.81 since inception.

What is the minimum SIP amount to invest in HDFC Business Cycle Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Business Cycle Fund is 100.

How do I invest in HDFC Business Cycle Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HDFC Business Cycle Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HDFC Business Cycle Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HDFC Business Cycle Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.