Markets / Mutual funds / Sectoral / Thematic

Bandhan Business Cycle Fund - Regular Plan - Growth

NAVs of 8 Nov 2026

Bandhan Mutual Fund · Equity fund · Regular plan · Growth

Sectoral / ThematicRegular · GrowthRisk: Very High

NAV · 6 Nov 2026

₹9.9000 ▲ 0.99%

Bandhan Mutual Fund

Fund size₹1,128 crJuly - September 2026

1-month range₹9.09 – 9.90

1 year-2.64%rank 218 of 280

Expense ratio2.44%regular plan, a year

5 years–a year

What the fund does

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

BenchmarkNifty 500 TRI

Fund houseBandhan Mutual Fund

Fund managersVishal BiraiaRitika BeheraBrijesh Shah

NAV history

Returns

1 week

+7.13%avg 5.4%

1 month

+5.27%avg 2.9%

3 months

-0.48%avg -1.9%

6 months

+2.43%avg 3.1%

This year

-2.95%avg 3.2%

1 year

-2.64%avg 3.7% · #218/280

Bars: this plan; the thin mark is the Sectoral / Thematic average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.3
2025	-5.0	-8.3	+7.7	+2.3	+3.9	+3.8	-1.6	-2.5	+1.2	+4.3	-0.0	-0.2
2026	-4.0	-0.9	-12.7	+11.8	-0.1	+2.6	+1.2	+0.5	-5.1	-1.4	+7.1

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Stocks held8891 lines in all

Top 10 stocks39.8%of the fund

Equity98.3%stocks and equity derivatives

Debt & cash1.7%everything else

Where the money is

Equity 98.3%Cash & others 1.7%

Sectors (stocks held)

Banks

26.2%

Finance

8.3%

Power

7.9%

IT - Software

6.3%

Pharmaceuticals & Biotechnology

5.0%

Construction

4.7%

Petroleum Products

4.5%

Telecom - Services

4.1%

Stocks held 88

Holding	Sector / type	% of fund
Axis Bank Limited INE238A01034	Banks	5.32%
HDFC Bank Limited INE040A01034	Banks	5.21%
Reliance Industries Limited INE002A01018	Petroleum Products	4.52%
ICICI Bank Limited INE090A01021	Banks	4.39%
Bharti Airtel Limited INE397D01024	Telecom - Services	4.11%
Bajaj Finance Limited INE296A01032	Finance	3.61%
NTPC Limited INE733E01010	Power	3.24%
Infosys Limited INE009A01021	IT - Software	3.18%
One 97 Communications Limited INE982J01020	Financial Technology (Fintech)	3.12%
Larsen & Toubro Limited INE018A01030	Construction	3.06%
Kotak Mahindra Bank Limited INE237A01036	Banks	2.94%
State Bank of India INE062A01020	Banks	2.53%
UltraTech Cement Limited INE481G01011	Cement & Cement Products	1.99%
Acme Solar Holdings Ltd INE622W01025	Power	1.93%
IDFC First Bank Limited INE092T01019	Banks	1.83%
Adani Ports and Special Economic Zone Limited INE742F01042	Transport Infrastructure	1.78%
Fortis Healthcare Limited INE061F01013	Healthcare Services	1.59%
Tata Consultancy Services Limited INE467B01029	IT - Software	1.59%
Mphasis Limited INE356A01018	IT - Software	1.49%
Sundaram Clayton Limited INE0Q3R01026	Auto Components	1.34%
InterGlobe Aviation Limited INE646L01027	Transport Services	1.28%
Tata Power Company Limited INE245A01021	Power	1.22%
Orient Cables (India) Limited INE0J1N01028	Telecom - Equipment & Accessories	1.17%
Aurobindo Pharma Limited INE406A01037	Pharmaceuticals & Biotechnology	1.15%
PTC India Financial Services Limited INE560K01014	Finance	1.12%
Piramal Finance Limited INE202B01038	Finance	1.06%
City Union Bank Limited INE491A01021	Banks	1.03%
Bharat Electronics Limited INE263A01024	Aerospace & Defense	1.00%
Bank of India INE084A01016	Banks	0.97%
Maruti Suzuki India Limited INE585B01010	Automobiles	0.96%
UPL Limited INE628A01036	Fertilizers & Agrochemicals	0.91%
The Phoenix Mills Limited INE211B01039	Realty	0.89%
Coromandel International Limited INE169A01031	Fertilizers & Agrochemicals	0.89%
HDFC Life Insurance Company Limited INE795G01014	Insurance	0.88%
Fusion Finance Limited INE139R01012	Finance	0.87%
GMR Airports Limited INE776C01039	Transport Infrastructure	0.82%
FSN E-Commerce Ventures Limited INE388Y01029	Retailing	0.81%
Shriram Finance Limited INE721A01047	Finance	0.79%
SBI Life Insurance Company Limited INE123W01016	Insurance	0.77%
Ujjivan Small Finance Bank Limited INE551W01018	Banks	0.77%
ICICI Lombard General Insurance Company Limited INE765G01017	Insurance	0.76%
Varun Beverages Limited INE200M01039	Beverages	0.76%
Cipla Limited INE059A01026	Pharmaceuticals & Biotechnology	0.75%
Torrent Power Limited INE813H01021	Power	0.73%
KEC International Limited INE389H01022	Construction	0.71%
Metropolis Healthcare Limited INE112L01020	Healthcare Services	0.69%
Glenmark Pharmaceuticals Limited INE935A01035	Pharmaceuticals & Biotechnology	0.69%
Tata Technologies Limited INE142M01025	IT - Services	0.65%
IndusInd Bank Limited INE095A01012	Banks	0.65%
Can Fin Homes Limited INE477A01020	Finance	0.61%
Vedanta Limited INE205A01025	Diversified Metals	0.61%
United Spirits Limited INE854D01024	Beverages	0.59%
Epigral Limited INE071N01016	Chemicals & Petrochemicals	0.58%
Dr. Reddy's Laboratories Limited INE089A01031	Pharmaceuticals & Biotechnology	0.56%
Zydus Lifesciences Limited INE010B01027	Pharmaceuticals & Biotechnology	0.53%
Divi's Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	0.51%
Garware Technical Fibres Limited INE276A01018	Textiles & Apparels	0.50%
Sharda Cropchem Limited INE221J01015	Fertilizers & Agrochemicals	0.48%
GPT Infraprojects Limited INE390G01014	Construction	0.46%
Arvind Fashions Limited INE955V01021	Retailing	0.45%
Viyash Scientific Limited INE807F01027	Pharmaceuticals & Biotechnology	0.44%
Jindal Saw Limited INE324A01032	Industrial Products	0.42%
The Federal Bank Limited INE171A01029	Banks	0.41%
CG Power and Industrial Solutions Limited INE067A01029	Electrical Equipment	0.40%
JSW Energy Limited INE121E01018	Power	0.39%
Swiggy Limited INE00H001014	Retailing	0.38%
Ideaforge Technology Limited INE349Y01013	Aerospace & Defense	0.38%
Cohance Lifesciences Limited INE03QK01018	Pharmaceuticals & Biotechnology	0.36%
V-Guard Industries Limited INE951I01027	Consumer Durables	0.36%
KNR Constructions Limited INE634I01029	Construction	0.36%
Vedanta Power Ltd INE694L01019	Power	0.35%
TeamLease Services Limited INE985S01024	Commercial Services & Supplies	0.34%
Bharat Forge Limited INE465A01025	Auto Components	0.31%
Ambuja Cements Limited INE079A01024	Cement & Cement Products	0.30%
Hero MotoCorp Limited INE158A01026	Automobiles	0.30%
Coal India Limited INE522F01014	Consumable Fuels	0.30%
Whirlpool of India Limited INE716A01013	Consumer Durables	0.28%
SBI Cards and Payment Services Limited INE018E01016	Finance	0.27%
Eicher Motors Limited INE066A01021	Automobiles	0.26%
Shiprocket Limited INE0FOO01011	Transport Services	0.25%
Page Industries Limited INE761H01022	Textiles & Apparels	0.22%
Dalmia Bharat Limited INE00R701025	Cement & Cement Products	0.16%
Sapphire Foods India Limited INE806T01020	Leisure Services	0.15%
Power Mech Projects Limited INE211R01019	Construction	0.14%
Star Health And Allied Insurance Company Limited INE575P01011	Insurance	0.12%
Indian Bank INE562A01011	Banks	0.11%
Premier Energies Limited INE0BS701011	Electrical Equipment	0.07%
Wockhardt Limited INE049B01025	Pharmaceuticals & Biotechnology	0.04%

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Debt, money market and cash 3

Holding	Sector / type	% of fund
Triparty Repo TRP_021126_VAL	–	1.58%
Net Current Assets	–	0.14%
Cash Margin - CCIL	–	0.01%

From the fund house's monthly portfolio (bandhanmutual.com), as on 31 Oct 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility15.9%yearly, from daily NAVs

Worst fall-18.07%29 Oct 2025 → 30 Mar 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 4 Oct 2024).

Fund details

Fund size (average AUM, July - September 2026)	₹1,128 cr across all plans · this plan ₹1,045 cr
Fund house	Bandhan Mutual Fund
Category	Equity · Sectoral / Thematic
Plan	Regular
Option	Growth
Expense ratio (TER)	Direct 1.02% · Regular 2.44% (5 Nov 2026)
Exit load	0.0005
Minimum investment	₹1,000 · additional ₹1,000
Scheme code (AMFI)	152877
ISIN	INF194KB1IP8
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹10.2220	-1.18%
Direct · IDCW	₹10.2220	-1.18%
Regular · IDCW	₹9.9000	-2.64%

Top Sectoral / Thematic funds (regular plans)

Fund	1 year	3 years (a year)
Nippon India Taiwan Equity Fund	+37.70%	+40.44%
HDFC Defence Fund	+19.63%	+33.69%
HDFC Pharma and Healthcare Fund	+26.81%	+30.17%
SBI HEALTHCARE OPPORTUNITIES FUND	+21.11%	+24.39%
HDFC Transportation and Logistics Fund	+8.74%	+23.82%
UTI - Healthcare Fund	+17.70%	+23.50%
Mirae Asset Healthcare Fund	+22.57%	+23.40%
BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND	+16.15%	+22.19%
Bandhan Business Cycle Fund	-2.64%	–

All Sectoral / Thematic funds ranked › · Compare with others ›

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Information only, not investment advice.

What is the NAV of Bandhan Business Cycle Fund - Regular Plan - Growth today?

₹9.9000 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Bandhan Business Cycle Fund - Regular Plan - Growth?

1 year: -2.64%

How does Bandhan Business Cycle Fund rank in its category?

218 of 280 Sectoral / Thematic funds (regular plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.