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Edelweiss Business Cycle Fund - Direct Plan - Growth

Equity Data as of May 2026 Comparing Apr 2026 → May 2026
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Stocks Held
66
May 2026
Equity Holdings
₹1,483.29 Cr
Equity only, excl. debt & cash
Top 5 Weight
15.5%
Diversified
Top 10 Weight
28.0%
Diversified
Changes
81
16 new · 16 exits
Top Sector
Banks
16.5% of portfolio
📋 What Happened This Month Edelweiss Business Cycle Fund made 16 new additions and exited 16 stocks this month. The biggest new buy was Cummins India Limited (Industrial Products) at 3.14% weight. SBI Life Insurance Company Limited was the biggest exit (Insurance), which was held at 1.56%. Among existing holdings, Polycab India Limited saw the biggest increase — now at 2.84% of the portfolio. AU Small Finance Bank Limited was trimmed the most, now at 1.73%. GE Vernova T&D India Limited remains the top holding with Banks the dominant sector at 16.5%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 22.6% 20.4% -2.2%
Finance 10.6% 11.4% +0.8%
Pharmaceuticals & Biotechnology 10.1% 9.9% -0.2%
Automobiles 6.5% 6.3% -0.2%
Capital Markets 4.0% 4.4% +0.4%
Petroleum Products 4.0% 3.9% 0.0%
Non - Ferrous Metals 3.6% 3.7% +0.1%
Insurance 3.9% 3.5% -0.4%
Electrical Equipment 2.9% 3.3% +0.4%
Oil 3.1% 3.0% -0.1%
Apr 2026 May 2026
Sector Prev Curr Delta
Banks 20.4% 16.5% -3.9%
Pharmaceuticals & Biotechnology 9.9% 11.6% +1.7%
Industrial Products 2.6% 7.8% +5.2%
Automobiles 6.3% 7.0% +0.7%
Finance 11.4% 6.9% -4.5%
Electrical Equipment 3.3% 6.7% +3.4%
Capital Markets 4.4% 4.4% +0.0%
Non - Ferrous Metals 3.7% 4.0% +0.3%
Ferrous Metals 0.9% 3.5% +2.6%
Healthcare Services 2.9% 3.0% +0.1%
🟢
Biggest New Buy
Cummins India Limited
3.14% weight · Industrial Products
🔴
Biggest Exit
SBI Life Insurance Company Limited
1.56% was held · Insurance
Biggest Add
Polycab India Limited
+2.03% · now 2.84%
Biggest Trim
AU Small Finance Bank Limited
-2.31% · now 1.73%
🤝 Other funds also bought this month
Cummins India Limited 29 funds
Cummins India Limited
Motilal Oswal BSE Quality Index Fund
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF
HDFC NIFTY200 MOMENTUM 30 INDEX FUND + more
JSW Energy Limited 28 funds
JSW Energy Limited
SBI INFRASTRUCTURE FUND - DIRECT PLAN - GROWTH
JM Large and Midcap Fund
Union Large & Midcap Fund - Direct Plan - Growth Option + more
Tata Steel Limited 26 funds
Tata Steel Limited
SBI Nifty 200 Value 30 ETF
ICICI Prudential Nifty200 Value 30 Index Fund - Direct Plan - Growth
Mirae Asset Nifty India Manufacturing ETF + more
Hitachi Energy India Limited 23 funds
Hitachi Energy India Limited
Samco Special Opportunities Fund
Kotak Active Momentum Fund - Direct Plan - Growth option
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF + more
PB Fintech Limited 23 funds
PB Fintech Limited
TRUSTMF MID CAP FUND -DIRECT -GROWTH
Aditya Birla Sun Life Digital India Fund - Growth - Direct Plan
JM Large and Midcap Fund + more
Divi's Laboratories Limited 21 funds
Divi's Laboratories Limited
Bajaj Finserv Nifty Next 50 Index Fund - Direct - Growth
Bandhan Nifty Next 50 Index Fund - Direct Plan - Growth
UTI Nifty Next 50 Index Fund - Direct Plan - Growth Option + more
👋 Other funds also exited
Infosys Limited 19 funds
Infosys Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option + more
Bajaj Finserv Limited 15 funds
Bajaj Finserv Limited
ICICI Prudential Equity Minimum Variance Fund - Direct Plan - Growth
BAJAJ FINSERV MULTI CAP FUND - DIRECT - GROWTH
Aditya Birla Sun Life Conglomerate Fund-Direct Growth + more
SBI Life Insurance Company Limited 14 funds
SBI Life Insurance Company Limited
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth
BAJAJ FINSERV MULTI CAP FUND - DIRECT - GROWTH
HDFC Defence Fund - Growth Option - Direct Plan + more
HDFC Bank Limited 12 funds
HDFC Bank Limited
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option
360 ONE ELSS Tax Saver Nifty 50 Index Fund
ICICI Prudential Value Fund (erstwhile Value Discovery Fund) - Direct Plan - Growth + more
Hindustan Petroleum Corporation Limited 11 funds
Hindustan Petroleum Corporation Limited
360 ONE QUANT FUND DIRECT GROWTH
Bandhan Nifty 500 Value 50 Index Fund
Taurus Elss Tax Saver Fund + more
Oil India Limited 11 funds
Oil India Limited
THE WEALTH COMPANY FLEXI CAP FUND
Bandhan Nifty 500 Value 50 Index Fund
BANK OF INDIA Large & Mid Cap Fund Direct Plan-Growth + more

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 May 2026
🟢 16 New Entries 🔴 16 Exits ↑ 22 Increased ↓ 27 Decreased
#StockSectorWeight (May 2026)
1
Cummins India Limited
₹47.05 Cr
Industrial Products 3.14%
2
Hitachi Energy India Limited
₹28.83 Cr
Electrical Equipment 1.92%
3
Tata Steel Limited
₹23.30 Cr
Ferrous Metals 1.55%
4
NTPC Green Energy Limited
₹20.70 Cr
Power 1.38%
5
Aurobindo Pharma Limited
₹19.26 Cr
Pharmaceuticals & Biotechnology 1.28%
6
Divi's Laboratories Limited
₹16.67 Cr
Pharmaceuticals & Biotechnology 1.11%
7
Steel Authority of India Limited
₹16.55 Cr
Ferrous Metals 1.10%
8
JSW Energy Limited
₹16.13 Cr
Power 1.07%
9
Avenue Supermarts Limited
₹15.41 Cr
Retailing 1.03%
10
KEI Industries Limited
₹14.49 Cr
Industrial Products 0.97%
#StockSectorLast Weight (Apr 2026)
1
SBI Life Insurance Company Limited
₹23.38 Cr
Insurance 1.56%
2
JK Cement Limited
₹18.57 Cr
Cement & Cement Products 1.24%
3
UPL Limited
₹16.50 Cr
Fertilizers & Agrochemicals 1.10%
4
Cholamandalam Financial Holdings Limited
₹15.92 Cr
Finance 1.06%
5
Alkem Laboratories Limited
₹15.60 Cr
Pharmaceuticals & Biotechnology 1.04%
6
ICICI Prudential Life Insurance Company Limited
₹15.42 Cr
Insurance 1.03%
7
Coromandel International Limited
₹13.87 Cr
Fertilizers & Agrochemicals 0.93%
8
Oil India Limited
₹13.86 Cr
Oil 0.92%
9
Max Financial Services Limited
₹13.48 Cr
Insurance 0.90%
10
Hindustan Petroleum Corporation Limited
₹13.30 Cr
Petroleum Products 0.89%
#StockSectorApr 2026May 2026Change
1
Polycab India Limited
₹42.65 Cr
Industrial Products 0.81% 2.84% +2.03%
2
Union Bank of India
₹23.42 Cr
Banks 0.00% 1.56% +1.56%
3
TVS Motor Company Limited
₹28.62 Cr
Automobiles 0.94% 1.91% +0.97%
4
Laurus Labs Limited
₹40.86 Cr
Pharmaceuticals & Biotechnology 2.20% 2.72% +0.52%
5
GE Vernova T&D India Limited
₹56.63 Cr
Electrical Equipment 3.28% 3.78% +0.50%
6
BSE Limited
₹30.87 Cr
Capital Markets 1.81% 2.06% +0.25%
7
Hindalco Industries Limited
₹38.86 Cr
Non - Ferrous Metals 2.39% 2.59% +0.20%
8
Endurance Technologies Limited
₹16.43 Cr
Auto Components 0.94% 1.10% +0.16%
9
Asian Paints Limited
₹21.87 Cr
Consumer Durables 1.34% 1.46% +0.12%
10
National Aluminium Company Limited
₹21.55 Cr
Non - Ferrous Metals 1.35% 1.44% +0.09%
#StockSectorApr 2026May 2026Change
1
AU Small Finance Bank Limited
₹26.00 Cr
Banks 4.04% 1.73% -2.31%
2
Muthoot Finance Limited
₹31.76 Cr
Finance 3.36% 2.12% -1.24%
3
Ashok Leyland Limited
₹15.85 Cr
Agricultural, Commercial & Construction Vehicles 2.17% 1.06% -1.11%
4
APL Apollo Tubes Limited
₹13.29 Cr
Industrial Products 1.81% 0.89% -0.92%
5
Canara Bank
₹31.39 Cr
Banks 2.99% 2.09% -0.90%
6
Indian Bank
₹37.73 Cr
Banks 3.26% 2.52% -0.74%
7
Punjab National Bank
₹4.24 Cr
Banks 0.97% 0.28% -0.69%
8
State Bank of India
₹40.99 Cr
Banks 3.07% 2.73% -0.34%
9
Mahindra & Mahindra Limited
₹15.23 Cr
Automobiles 1.28% 1.02% -0.26%
10
Oil & Natural Gas Corporation Limited
₹27.64 Cr
Oil 2.08% 1.84% -0.24%

What Stocks Does This Fund Hold?

66 stocks — May 2026

# Stock Sector Cap Weight & Value
1
₹56.63 Cr
Electrical Equipment
3.78%
2
₹47.05 Cr
Industrial Products
3.14%
3
₹44.47 Cr
Pharmaceuticals & Biotechnology
2.96%
4
₹42.65 Cr
Industrial Products
2.84%
5
₹40.99 Cr
Banks
2.73%
6
₹40.86 Cr
Pharmaceuticals & Biotechnology
2.72%
7
₹38.86 Cr
Non - Ferrous Metals
2.59%
8
₹37.73 Cr
Banks
2.52%
9
₹35.46 Cr
Aerospace & Defense
2.36%
10
₹35.32 Cr
Capital Markets
2.35%
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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