Sundaram Business Cycle Fund
- NAV as on 6 Nov 2026
- ₹10.63-1.30%1 day
- Return since launch
- 2.6%
- 52-week range
- ₹9.03 — ₹11.70
- AUM
- ₹1,716 Cr
Sundaram Business Cycle Fund is a Equity Opportunities equity fund from Sundaram Mutual Fund with ₹1,716 Cr under management, launched in 2024. The expense ratio is 2.56% and the SEBI riskometer reading is Very High.
Performance
Sundaram Business Cycle Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -2.4% against -1.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 0.1% | −3.5 pts | 3.6% | 4.8% |
| 2Y | 0.5% | −5.1 pts | 5.5% | 2.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | −5.0 pts | 1.9% | 4.2% |
| 3M | -7.0% | −5.7 pts | -1.4% | -1.5% |
| 6M | 0.5% | −2.8 pts | 3.3% | 3.8% |
| 1Y | -2.4% | −6.0 pts | 3.6% | -1.7% |
| 2Y | 0.1% | −1.6 pts | 1.7% | -0.2% |
Since launch (5 Jun 2024): 2.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.0% | −2.2 pts | 3.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.52%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.80%
- Brokerage
- 0.14%
- Transaction charges
- 0.01%
- Statutory levies
- 0.57%
- Exit load
- Exit load of 1%, if redeemed within 365 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Sundaram Business Cycle Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity97.1%
- Other2.9%
Market cap split
- Large18.3%
- Mid36.7%
- Small45.0%
- P/E
- 41.57
- P/B
- 5.42
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Radico Khaitan Ltd. | Consumer Staples | 4.20% | ₹72.06 Cr | +4.87% | +2.47% | — |
| Eternal Ltd. | Services | 4.00% | ₹68.64 Cr | +4.11% | +5.53% | +5.47% |
| MTAR Technologies Ltd. | Capital Goods | 3.80% | ₹65.27 Cr | +3.99% | 0.00% | — |
| TD Power Systems Ltd. | Capital Goods | 3.78% | ₹64.96 Cr | +3.32% | +0.09% | — |
| One 97 Communications Ltd. | Services | 3.78% | ₹64.85 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 3.61% | ₹61.88 Cr | +4.04% | +2.44% | — |
| Shriram Finance Ltd | Financial | 3.48% | ₹59.71 Cr | +3.84% | +3.39% | — |
| FSN E-Commerce Ventures Ltd. | Services | 3.39% | ₹58.11 Cr | +3.42% | +3.04% | +1.51% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 3.34% | ₹57.28 Cr | +3.13% | — | — |
| Dhoot Transmission Ltd. | Capital Goods | 3.32% | ₹57.00 Cr | — | — | — |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 3.18% | ₹54.50 Cr | +1.82% | — | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 3.14% | ₹53.97 Cr | — | — | — |
| Oracle Financial Services Software Ltd. | Technology | 3.11% | ₹53.38 Cr | +4.37% | — | — |
| Thermax Ltd. | Capital Goods | 3.04% | ₹52.22 Cr | — | — | — |
| Delhivery Ltd. | Services | 2.99% | ₹51.24 Cr | +3.58% | +3.00% | +2.06% |
| Ujjivan Small Finance Bank Ltd. | Financial | 2.95% | ₹50.62 Cr | +2.68% | +0.79% | — |
| Others | Others | 2.92% | ₹50.13 Cr | -0.35% | +1.06% | +0.53% |
| Five-Star Business Finance Ltd. | Financial | 2.82% | ₹48.39 Cr | +3.55% | — | — |
| Polycab India Ltd. | Capital Goods | 2.81% | ₹48.31 Cr | +3.63% | +3.27% | — |
| Coforge Ltd. | Technology | 2.81% | ₹48.26 Cr | +2.76% | — | — |
| GE Vernova T&D India Ltd | Capital Goods | 2.81% | ₹48.23 Cr | — | — | — |
| Indegene Ltd. | Healthcare | 2.76% | ₹47.34 Cr | +2.55% | +2.48% | +1.34% |
| Nippon Life India Asset Management Ltd. | Financial | 2.72% | ₹46.71 Cr | +3.07% | — | — |
| Finolex Cables Ltd. | Capital Goods | 2.60% | ₹44.59 Cr | — | — | — |
| Affle 3I Ltd. | Technology | 2.60% | ₹44.59 Cr | +2.54% | +2.80% | +2.57% |
| SJS Enterprises Ltd. | Automobile | 2.28% | ₹39.12 Cr | +2.33% | +2.25% | +1.07% |
| RateGain Travel Technologies Ltd. | Technology | 2.27% | ₹38.94 Cr | +3.19% | +1.35% | +1.55% |
| Sapphire Foods India Ltd. | Services | 2.24% | ₹38.41 Cr | — | +0.78% | +2.74% |
| Aavas Financiers Ltd. | Financial | 2.22% | ₹38.11 Cr | +2.90% | +1.97% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.18% | ₹37.49 Cr | — | — | — |
| 360 One Wam Ltd. | Financial | 2.14% | ₹36.72 Cr | +2.32% | +1.83% | +1.53% |
| Tips Industries Ltd. | Services | 1.90% | ₹32.59 Cr | +2.69% | +1.43% | +1.08% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 1.83% | ₹31.49 Cr | +3.11% | +1.95% | +1.60% |
| Mahindra & Mahindra Ltd. | Automobile | 1.63% | ₹27.99 Cr | +1.76% | +3.41% | +3.14% |
| Indusind Bank Ltd. | Financial | 0.98% | ₹16.75 Cr | +1.04% | +1.00% | — |
| PB Fintech Ltd. | Services | 0.34% | ₹5.91 Cr | +3.14% | +2.63% | +1.94% |
| TVS Motor Company Ltd. | Automobile | 0.03% | ₹0.56 Cr | +0.03% | +2.62% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| PB Fintech Ltd. | 4.28% | 0.34% | -3.93% |
| Thermax Ltd. | 0.00% | 3.04% | +3.04% |
| Finolex Cables Ltd. | 0.00% | 2.60% | +2.60% |
| Others | -1.50% | 0.23% | +1.73% |
| Radico Khaitan Ltd. | 5.23% | 4.20% | -1.03% |
| One 97 Communications Ltd. | 2.83% | 3.78% | +0.95% |
| Eternal Ltd. | 4.81% | 4.00% | -0.82% |
| Coforge Ltd. | 2.15% | 2.81% | +0.66% |
| Oracle Financial Services Software Ltd. | 3.60% | 3.11% | -0.49% |
| Polycab India Ltd. | 3.25% | 2.81% | -0.44% |
| TD Power Systems Ltd. | 4.19% | 3.78% | -0.41% |
| Shriram Finance Ltd | 3.86% | 3.48% | -0.38% |
| Kirloskar Oil Engines Ltd. | 2.99% | 3.34% | +0.35% |
| Kirloskar Pneumatic Company Ltd. | 2.15% | 1.83% | -0.31% |
| Delhivery Ltd. | 3.27% | 2.99% | -0.28% |
| 360 One Wam Ltd. | 2.40% | 2.14% | -0.26% |
| FSN E-Commerce Ventures Ltd. | 3.63% | 3.39% | -0.25% |
| Kalyan Jewellers India Ltd. | 3.39% | 3.18% | -0.21% |
| Nippon Life India Asset Management Ltd. | 2.93% | 2.72% | -0.21% |
| Sapphire Foods India Ltd. | 2.43% | 2.24% | -0.19% |
| SJS Enterprises Ltd. | 2.47% | 2.28% | -0.19% |
| RateGain Travel Technologies Ltd. | 2.45% | 2.27% | -0.19% |
| Lenskart Solutions Ltd. | 2.99% | 3.14% | +0.16% |
| Mahindra & Mahindra Ltd. | 1.78% | 1.63% | -0.15% |
| Interglobe Aviation Ltd. | 3.72% | 3.61% | -0.11% |
| GE Vernova T&D India Ltd | 2.92% | 2.81% | -0.11% |
| Indusind Bank Ltd. | 1.08% | 0.98% | -0.11% |
| Affle 3I Ltd. | 2.70% | 2.60% | -0.10% |
| Dhoot Transmission Ltd. | 3.23% | 3.32% | +0.09% |
| Vedanta Aluminium Metal Ltd. | 2.26% | 2.18% | -0.08% |
| Tips Industries Ltd. | 1.83% | 1.90% | +0.07% |
| Aavas Financiers Ltd. | 2.27% | 2.22% | -0.05% |
| Five-Star Business Finance Ltd. | 2.87% | 2.82% | -0.05% |
| Indegene Ltd. | 2.81% | 2.76% | -0.05% |
| MTAR Technologies Ltd. | 3.85% | 3.80% | -0.05% |
| Ujjivan Small Finance Bank Ltd. | 2.97% | 2.95% | -0.02% |
| TVS Motor Company Ltd. | 0.03% | 0.03% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹6,105 Cr | 2.13% | 6.1% | 8.3% | 14.9% |
 ICICI Prudential Business Cycle Fund | ₹14,889 Cr | 1.86% | 3.5% | 6.8% | 13.3% |
 Franklin India Opportunities Fund | ₹9,577 Cr | 2.08% | -0.7% | 5.4% | 15.7% |
 Kotak Business Cycle Fund | ₹3,414 Cr | 2.02% | 13.8% | 10.7% | — |
 Aditya Birla Sun Life Special Opportunities Fund | ₹1,357 Cr | 2.26% | 14.0% | 13.2% | 15.6% |
 Mahindra Manulife Business Cycle Fund | ₹1,291 Cr | 2.42% | -0.1% | 5.3% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.
Fund managers
- Madanagopal RamuMBA, Grad.CWAPrior to joining the Sundaram AMC, he was associated with Centrum Broking Pvt Ltd, Sundaram Mutual Fund, Sundaram Alternates and Motilal Oswal AMC
- Sandeep AgarwalMr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months0.49% absolute | ₹60,000 | ₹60,294 | 0.49% | |
| 1 year−2.39% annualised | ₹1,20,000 | ₹1,18,458 | −1.29% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.