Should I invest in HDFC Business Cycle Fund?

We don't give personal investment advice. HDFC Business Cycle Fund - IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

HDFC

HDFC Business Cycle Fund - IDCW Option

Latest NAV

₹15.1750

As of

17 Jul 2026

893 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.20%	+0.04%	+0.16	20 / 36	Q3
1W	-0.03%	-0.07%	+0.05	16 / 36	Q2
2W	+0.34%	+0.01%	+0.32	16 / 36	Q2
1M	+4.40%	+1.77%	+2.63	5 / 36	Q1
3M	+7.37%	+3.53%	+3.83	6 / 36	Q1
6M	+4.38%	+1.51%	+2.87	10 / 36	Q2
YTD	+2.89%	-0.68%	+3.56	11 / 36	Q2
1Y	+2.85%	+1.30%	+1.55	12 / 34	Q2
2Y	+2.28%	-0.01%	+2.29	12 / 31	Q2
3Y	+11.19%	+10.89%	+0.30	12 / 28	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+12.15%	+11.27%	+0.88	12 / 36	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+2.89%	-0.68%	+3.56	11 / 36
2025	+1.26%	+2.43%	-1.17	15 / 32
2024	+13.78%	+17.65%	-3.87	16 / 29
2023	+27.84%	+28.98%	-1.14	13 / 22
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.51%

33 windows

min -2.1% · max 38.0%

88% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+12.35%

8 windows

min 10.7% · max 14.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.73%

3-year · annualised

Sharpe ratio

0.37

vs risk-free 6.5%

Sortino ratio

0.58

Downside-only deviation

Max drawdown

-19.40%

Sep 2024 → Mar 2026

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option	HDFC	₹16.1530	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - IDCW Option	Nippon India	₹27.0439	17 Jul 2026
ICICI Prudential Bharat Consumption Fund - IDCW Option	ICICI Prudential	₹15.2800	17 Jul 2026
Franklin India Multi-Factor Fund- IDCW	Franklin India	₹9.5442	17 Jul 2026
Kotak Infrastructure & Economic Reform Fund - Standard Plan-Payout of Income Distribution cum capital withdrawal option	Kotak	₹54.9950	17 Jul 2026
BANK OF INDIA Manufacturing & Infrastructure Fund-Quarterly IDCW	Bank of India	₹43.0600	17 Jul 2026
Franklin Build India Fund - IDCW		₹41.4023	17 Jul 2026
Groww Banking & Financial Services Fund-IDCW	Groww	₹13.5287	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹15.1750
16 Jul 2026	₹15.1440
15 Jul 2026	₹15.1390
14 Jul 2026	₹15.0360
13 Jul 2026	₹15.1580
10 Jul 2026	₹15.1790
9 Jul 2026	₹15.0780
8 Jul 2026	₹14.8790
7 Jul 2026	₹15.1600
6 Jul 2026	₹15.1700

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of HDFC Business Cycle Fund - IDCW Option is ₹15.1750. It's a Sectoral/Thematic Fund from HDFC, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Business Cycle Fund - IDCW Option has NAV history starting from 30 Nov 2022, a track record of about 3 years 7 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HDFC Business Cycle Fund - IDCW Option is managed by HDFC. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Business Cycle Fund - IDCW Option has delivered a absolute return of 2.85% — +1.55 pp ahead of the Sectoral/Thematic Fund category average of 1.30%. The fund ranks #12 of 34 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Business Cycle Fund - IDCW Option has delivered a CAGR of 11.19% — +0.3 pp ahead of the Sectoral/Thematic Fund category average of 10.89%. The fund ranks #12 of 28 in its category — the second (Q2) quartile.

HDFC Business Cycle Fund - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HDFC Business Cycle Fund - IDCW Option exactly 3 years ago would be worth approximately ₹137,467 today — a multiplier of 1.37×, based on the 3-year CAGR of 11.19%. The category average over the same window would have grown ₹1 lakh to ₹136,340.

A ₹10,000 monthly SIP in HDFC Business Cycle Fund - IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹403,281 today. That's an XIRR (money-weighted annualised return) of 7.51%.

HDFC Business Cycle Fund - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹403,281 — XIRR 7.51%.

On a 3-year basis, HDFC Business Cycle Fund - IDCW Option ranks #12 out of 28 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.89%; this fund delivered 11.19%.

The worst peak-to-trough decline HDFC Business Cycle Fund - IDCW Option has experienced over the last 3-year window is 19.40% — its NAV fell from a high on 23 Sep 2024 to a low on 23 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HDFC Business Cycle Fund - IDCW Option averaged 12.35% (best 14.34%, worst 10.74%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.37 — weak risk-adjusted performance.

In calendar year 2025, HDFC Business Cycle Fund - IDCW Option returned 1.26% — lagging the Sectoral/Thematic Fund category average of 2.43% by 1.17 pp. It ranked #15 of 32 in its category that year.

HDFC Business Cycle Fund - IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. HDFC Business Cycle Fund - IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.