
Union Business Cycle Fund Direct Growth is a Equity mutual fund scheme launched on 05 Mar 2024. The current NAV stands at ₹11.4800 as of 30 Oct 2026. From the funds total AUM, its top holdings include ICICI Bank at 6.48%, Treps at 4.58%, Bharat Heavy Electricals at 4.15%, Axis Bank at 4.11%, Solar Industries at 3.54%
Scheme Overview
- Inception Date : 05 Mar 2024
- AUM : ₹485.08 Cr
- 1Y Returns (CAGR) : -2.88%
- Expense Ratio : 1.86%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 5.91 L
-2.88%
Total Investment
₹ 6,00,000
Returns
₹ -9,278 (-2.88%)
Maturity Value
₹ 5,90,722
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
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Returns vs Category
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*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
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Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 485.08 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹485.08 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Industrials | 28.35% | ||
| Financial Services | 25.74% | ||
| Basic Materials | 15.64% | ||
| Consumer Cyclical | 9.86% | ||
| Healthcare | 6.79% | ||
| Other | 4.24% | ||
| Technology | 3.02% | ||
| Utilities | 2.44% | ||
| Energy | 2.24% | ||
| Communication Services | 1.67% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 485.08
Expense Ratio
1.86%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
05 Mar 2024
Fund Age
2 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 1 year.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Harshad Patwardhan | B.Tech(IIT), MBA(IIM) and CFA.B.Tech (IIT), MBA (IIM) and CFA. |
| Pratik Dharmshi | Bachelors in Commerce from University of Mumbai and Chartered Accountant from ICAI, |
Fund Objective
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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Union Mutual Fund
No. of Schemes
29
Total AUM
₹ 25,345.42 Cr
Contact Details
Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059
Contact Details
Unit 503, 5th Floor, Leeela BusinessPark, Andheri Kurla Road,Andheri (East), Mumbai - 400059
FAQs
When was Union Business Cycle Fund launched?
What is the current NAV of Union Business Cycle Fund?
What is the AUM of Union Business Cycle Fund?
What is the rate of return of Union Business Cycle Fund?
- In the past 1Y: -2.88%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of Union Business Cycle Fund?
What is exit load of Union Business Cycle Fund?
What is the portfolio of Union Business Cycle Fund?
- ICICI Bank: 6.48%
- Bharat Heavy Electricals: 4.15%
- Axis Bank: 4.11%
- Solar Industries: 3.54%
- Larsen & Toubro: 3.39%
Top 3 sectoral holdings include:
- Industrials: 28.35%
- Financial Services: 25.74%
- Basic Materials: 15.64%
How risky is investing in Union Business Cycle Fund?
Who is the fund manager Union Business Cycle Fund?
What is the minimum investment required in Union Business Cycle Fund?
How to invest in Union Business Cycle Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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