Tata Business Cycle Fund-Regular Plan-Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 92% of historical 3-year rolling periods.
- Cost-efficient: expense ratio of 2.17% is lower than category median (2.52%).
- Downside capture of 107% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.13% | +6.32% | -1.19% |
| 3 Months | -3.59% | -0.20% | -3.39% |
| 6 Months | -1.35% | +5.98% | -7.33% |
| 1 Year | -2.28% | +3.90% | -6.18% |
| 3 Years CAGR | +9.38% | +13.23% | -3.85% |
| 5 Years CAGR | +11.47% | +10.72% | +0.75% |
| Since Inception | +12.53% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Tata Business Cycle Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -2.28% | +4.03% | -6.31% |
| 2025 | +0.79% | +1.43% | -0.64% |
| 2024 | +18.51% | +20.41% | -1.90% |
| 2023 | +34.29% | +30.70% | +3.59% |
| 2022 | +13.47% | +1.66% | +11.81% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -11.49% | +15.96% | +8.65% | +55.11% | 81.5% | 64.1% |
| 3-Year Rolling | +7.38% | +18.09% | +17.80% | +26.15% | 100.0% | 91.5% |
| 5-Year Rolling | +9.41% | +12.08% | +12.30% | +14.31% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-27 | 2025-03-03 | -20.5% | 5 months | Not yet recovered |
| 2022-01-17 | 2022-06-20 | -16.1% | 5 months | 3 months |
| 2022-12-14 | 2023-03-28 | -10.3% | 3 months | 2 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| 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 | Per Scheme Mandate |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,458 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Taurus Ethical Fund | 2.8 | +9.29% | 2.72% | 104.4% | Rs 458 cr | Compare → |
| Mahindra Manulife Consumption Fund | 3.4 | +8.93% | 2.69% | 109.7% | Rs 475 cr | Compare → |
| Invesco India ESG Integration Strategy Fund | 3.8 | +9.68% | 2.56% | 102.8% | Rs 388 cr | Compare → |
| UTI MNC Fund | 4.1 | +8.51% | 2.16% | 93.1% | Rs 2,699 cr | Compare → |
| Taurus Banking & Financial Services Fund | 3.7 | +9.86% | 2.53% | 94.0% | Rs 11.4 cr | Compare → |
Frequently Asked Questions about Tata Business Cycle Fund
What is the expense ratio of Tata Business Cycle Fund?
Tata Business Cycle Fund has a total expense ratio (TER) of 2.17% with a base expense ratio of 1.7%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Tata Business Cycle Fund?
Tata Business Cycle Fund is managed by Murthy Nagarajan.
What are the historical returns of Tata Business Cycle Fund?
Tata Business Cycle Fund delivered a 3-year CAGR of 9.38% and a 5-year CAGR of 11.47%. Its 1-year return stands at -2.28%.
How large is Tata Business Cycle Fund?
Tata Business Cycle Fund manages assets of Rs 2,458 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Tata Business Cycle Fund scored on MFIQ?
Tata Business Cycle Fund holds an MFIQ Score of 5.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Tata Business Cycle Fund?
Tata Business Cycle Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 15.05% with a maximum historical drawdown of -20.50%.