INDmoney
Union Business Cycle Fund
Get the latest NAV of Union Business Cycle Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹11.46
▲0.1%1D
NAV as on 30 Jan 2026
7.41%/per year
Since Inception
▲▼
61 people have invested ₹ 7.1L in Union Business Cycle Fund in the last three months
Union Business Cycle Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (30-Jan-26)
The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y time periods.
Peer comparison
Union Business Cycle Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Union Business Cycle Fund Asset Allocation
See fund asset allocation details as on (14-Jan-26)
Fund Distribution
as on (14-Jan-26)
Union Business Cycle Fund Sector Allocation
See fund sector allocation details as on (14-Jan-26)
Sector Allocation
Top 3 Sectors in December were Financial Services, Industrial & Consumer Cyclical
Financial Services
33%
Industrial
18%
Consumer Cyclical
17%
Financial Services
29%
Industrial
20%
Consumer Cyclical
19%
Union Business Cycle Fund Holdings Details
as on (31-Dec-25)
Union Business Cycle Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.53% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹553 Cr |
| Inception Date | 5 March, 2024 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 209.99% |
| Risk |   Very High Risk |
About Union Business Cycle Fund
Union Business Cycle Fund is an equity fund. This fund was started on 5 March, 2024. The fund is managed by Pratik Dharmshi, Harshad Patwardhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Union Business Cycle Fund has ₹553 Cr worth of assets under management (AUM) as on Jan 2026 and is more than category average.
- The fund has an expense ratio 1.5.
Returns
Union Business Cycle Fund has given a CAGR return of 7.41% since inception. Over the last 1 year the fund has given a CAGR return of 9.25%.
Holdings
Union Business Cycle Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Communication, Energy, Government, Health, Corporate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Bharti Airtel Ltd, State Bank of India
Taxation
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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Union Business Cycle Fund
The investment objective of the Scheme is to generate long-term capital appreciation by investing with a focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles in the economy. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Business Cycle Fund has no lock in period.
Fund Manager
Pratik Dharmshi
Fund Manager of Union Business Cycle Fund, since 9 December 2024
Harshad Patwardhan
Fund Manager of Union Business Cycle Fund, since 1 November 2024
- AUM of the fund stands at 553.5 Cr as of Dec'25
- AUM has remained same between Dec'25 and Nov'25
Frequently Asked Questions for Union Business Cycle Fund
How do I invest in Union Business Cycle Fund?
- Download the INDmoney app.
- Search for ‘Union Business Cycle Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.