Aditya Birla Sun Life Business Cycle Fund Direct Growth

Aditya Birla Sun Life Business Cycle Fund Direct Growth is an equity fund. This fund was started on 3 December, 2021. The fund is managed by Harish Krishnan, Dhaval Gala, Dhaval Joshi. The fund could potentially beat inflation in the long-run.

1. Aditya Birla Sun Life Business Cycle Fund Direct Growth has ₹1759 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 1.2.
   

Aditya Birla Sun Life Business Cycle Fund Direct Growth has given a CAGR return of 13.26% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 0.70% and 15.12% respectively.

Aditya Birla Sun Life Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Basic Materials, Tech, Health, Energy, Communication, Consumer Defensive, Real Estate, Utilities. Its top holdings are ICICI Bank Ltd, Kotak Mahindra Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Reliance Industries Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Business Cycle Fund Direct Growth has no lock in period.