HDFC Business Cycle Fund
hdfc · Equity Scheme - Sectoral/ Thematic · AUM ₹2,739 cr · Book as of 2026-08
Holdings as of
Holdings: August 2026 · Returns updated 13 Sep 2026
Sectors
Equity 93.4% · Cash & others 6.6% · Total 100%
Banks
16.9%
Finance
9.2%
Retailing
7.9%
Pharmaceuticals & Biotechnology
7.9%
Telecom - Services
5.6%
Consumer Durables
5%
Power
4.3%
Chemicals & Petrochemicals
4.1%
Other equity · 20 sectors
32.7%
Cash & others
6.6%
| Bharti Airtel Limited | Telecom - Services | 5.6 | 155.28 | 0 | 0 | hold |
| ICICI Bank Limited | Banks | 5.46 | 151.51 | 0 | 0 | hold |
| Kotak Mahindra Bank Limited | Banks | 5.1 | 141.38 | 0 | 0 | hold |
| Titan Company Limited | Consumer Durables | 4.73 | 131.34 | 0 | 0 | hold |
| Anthem Biosciences Limited | Pharmaceuticals & Biotechnology | 4.3 | 119.23 | 0 | 0 | hold |
| HDFC Bank Limited | Banks | 3.09 | 85.79 | 0 | 0 | hold |
| Aether Industries Ltd. | Chemicals & Petrochemicals | 3.08 | 85.44 | −40,000 | −6.77 | cut |
| PEARL GLOBAL INDUSTRIES LIMITED | Textiles & Apparels | 3 | 83.37 | 0 | 0 | hold |
| Eternal Limited | Retailing | 2.8 | 77.62 | 0 | 0 | hold |
| InterGlobe Aviation Ltd. | Transport Services | 2.75 | 76.42 | 0 | 0 | hold |
| Vishal Mega Mart Limited | Retailing | 2.63 | 73.01 | 0 | 0 | hold |
| Cholamandalam Investment And Finance Company Ltd. | Finance | 2.49 | 69.04 | 0 | 0 | hold |
| IndusInd Bank Limited | Banks | 2.41 | 66.79 | 0 | 0 | hold |
| Bajaj Auto Limited | Automobiles | 2.37 | 65.89 | 0 | 0 | hold |
| HOME FIRST FINANCE CO INDIA | Finance | 2.25 | 62.31 | 0 | 0 | hold |
| Aadhar Housing Finance Limited | Finance | 2.23 | 61.76 | 0 | 0 | hold |
| Clean Max Enviro Energy Solutions Limited | Power | 2.13 | 59.21 | 0 | 0 | hold |
| Swiggy Limited | Retailing | 2.08 | 57.7 | 0 | 0 | hold |
| Fortis Healthcare Limited | Healthcare Services | 1.92 | 53.16 | −2,70,000 | −24.49 | cut |
| Aptus Value Housing Finance India Ltd. | Finance | 1.79 | 49.54 | 0 | 0 | hold |
| ACME Solar Holdings Limited | Power | 1.77 | 49.24 | 0 | 0 | hold |
| Eris Lifesciences Ltd | Pharmaceuticals & Biotechnology | 1.76 | 48.75 | 0 | 0 | hold |
| GE Vernova T&D India Limited | Electrical Equipment | 1.67 | 46.31 | 0 | 0 | hold |
| PB Fintech Limited | Financial Technology (Fintech) | 1.65 | 45.65 | 0 | 0 | hold |
| Bharat Dynamics Limited | Aerospace & Defense | 1.43 | 39.55 | 0 | 0 | hold |
| Bosch Limited | Auto Components | 1.26 | 35 | 0 | 0 | hold |
| Mankind Pharma Limited | Pharmaceuticals & Biotechnology | 1.26 | 34.93 | 0 | 0 | hold |
| Dhoot Transmission Ltd. | Auto Components | 1.22 | 33.86 | +2,29,619 | +33.86 | new |
| Global Health Ltd. | Healthcare Services | 1.2 | 33.29 | 0 | 0 | hold |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | Capital Markets | 1.19 | 32.96 | 0 | 0 | hold |
| Chalet Hotels Limited | Leisure Services | 1.18 | 32.84 | 0 | 0 | hold |
| KSB Ltd. | Industrial Products | 1.18 | 32.8 | 0 | 0 | hold |
| Le Travenues Technology Limited | Leisure Services | 1.12 | 31.08 | +5,90,000 | +9.62 | add |
| Leela Palaces Hotels & Resorts Limited | Leisure Services | 1.12 | 31.03 | 0 | 0 | hold |
| SRF LTD. | Chemicals & Petrochemicals | 1 | 27.66 | 0 | 0 | hold |
| CG Power and Industrial Solutions Limited | Electrical Equipment | 0.9 | 24.96 | 0 | 0 | hold |
| Timken India Ltd. | Industrial Products | 0.82 | 22.63 | 0 | 0 | hold |
| Adani Ports and Special Economic Zone Limited | Transport Infrastructure | 0.69 | 19.04 | 0 | 0 | hold |
| Axis Bank Limited | Banks | 0.61 | 16.79 | 0 | 0 | hold |
| Torrent Pharmaceuticals Limited | Pharmaceuticals & Biotechnology | 0.55 | 15.2 | +30,000 | +15.2 | new |
| G R Infraprojects Limited | Construction | 0.54 | 14.95 | 0 | 0 | hold |
| Sona Blw Precision Forgings | Auto Components | 0.53 | 14.63 | 0 | 0 | hold |
| Shiprocket Limited | Transport Services | 0.52 | 14.36 | +10,33,648 | +14.36 | new |
| Wework India Management Limited | Commercial Services & Supplies | 0.49 | 13.63 | 0 | 0 | hold |
| RHI Magnesita India Limited | Industrial Products | 0.47 | 13.07 | 0 | 0 | hold |
| Shriram Finance Limited | Finance | 0.44 | 12.11 | 0 | 0 | hold |
| Ola Electric Mobility Ltd. | Automobiles | 0.4 | 11.14 | 0 | 0 | hold |
| JSW Energy Limited | Power | 0.39 | 10.86 | 0 | 0 | hold |
| Brainbees Solutions Ltd. | Retailing | 0.38 | 10.43 | 0 | 0 | hold |
| PNC Infratech Limited | Construction | 0.35 | 9.67 | 0 | 0 | hold |
| INDO-MIM LTD | Industrial Manufacturing | 0.33 | 9.02 | −27,900 | −2.44 | cut |
| Awfis Space Solutions Limited | Commercial Services & Supplies | 0.3 | 8.33 | 0 | 0 | hold |
| Ambuja Cements Limited | Cement & Cement Products | 0.29 | 8.05 | 0 | 0 | hold |
| Grindwell Norton Limited | Industrial Products | 0.26 | 7.27 | 0 | 0 | hold |
| Tata Motors Ltd | Agricultural, Commercial & Construction Vehicles | 0.25 | 6.83 | 0 | 0 | hold |
| Crompton Greaves Consumer Elec. Ltd. | Consumer Durables | 0.23 | 6.35 | 0 | 0 | hold |
| Tempsens Instruments (India) Limited | Industrial Manufacturing | 0.23 | 6.51 | +1,15,500 | +6.51 | new |
| AU Small Finance Bank Limited | Banks | 0.21 | 5.95 | 0 | 0 | hold |
| Ceigall India Ltd. | Construction | 0.21 | 5.88 | 0 | 0 | hold |
| Sula Vineyards Ltd. | Beverages | 0.21 | 5.74 | 0 | 0 | hold |
| Lumino Industries Limited | Industrial Products | 0.19 | 5.39 | +6,57,566 | +5.39 | new |
| Star Health and Allied Insurance Company Ltd | Insurance | 0.15 | 4.22 | 0 | 0 | hold |
| Afcons Infrastructure Limited | Construction | 0.14 | 3.78 | 0 | 0 | hold |
| Godrej Properties Limited | Realty | 0.14 | 3.76 | 0 | 0 | hold |