What stocks does Tata Business Cycle Fund hold?

Tata Business Cycle Fund holds a portfolio of Indian equity stocks disclosed monthly by Tata Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Tata Business Cycle Fund?

Tata Business Cycle Fund is managed by Tata Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Tata Business Cycle Fund?

Tata Business Cycle Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Tata Business Cycle Fund portfolio data updated?

Portfolio holdings for Tata Business Cycle Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Tata Mutual Fund

Tata Business Cycle Fund-Direct Plan-Growth

Equity Data as of Jun 2026 Comparing May 2026 → Jun 2026

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Stocks Held

Jun 2026

Equity Holdings

₹2,623.14 Cr

Equity only, excl. debt & cash

Top 5 Weight

19.3%

Diversified

Top 10 Weight

33.6%

Diversified

Changes

3 new · 2 exits

Top Sector

Banks

12.0% of portfolio

📋 What Happened This Month Tata Business Cycle Fund made 3 new additions and exited 2 stocks this month. The biggest new buy was Vedanta Aluminium Metal Limited (Metals & Minerals Trading) at 1.50% weight. Vedanta Limited was the biggest exit (Diversified Metals), which was held at 0.98%. Among existing holdings, Oil & Natural Gas Corporation Limited saw the biggest increase — now at 1.93% of the portfolio. Apollo Hospitals Enterprise Limited was trimmed the most, now at 1.79%. Reliance Industries Limited remains the top holding with Banks the dominant sector at 12.0%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Tata Business Cycle Fund-Direct Plan-Growth

+2.34%

+5.97%

+4.80%

+2.39%

Latest NAV

₹20.88

15 Jul 2026

52W High

₹20.98

-1% from High

52W Low

₹17.43

+20% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+2.2%

2024

+20.4%

2023

+36.5%

2022

+15.4%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

20.0%

+ve in 88% windows

63.2% / -9.6%

3Y Rolling Avg

21.5% p.a.

+ve in 100% windows

29.5% / 14.8%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-20.0%

Rec: not yet

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-15.0%

Rec: Aug 2022 (3 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.77

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

1.06

Penalises downside volatility only.

Std Deviation (3Y)

14.6%

Lower = more consistent returns.

NAV Chart ₹20.88 15 Jul 2026

Simple Moving Avg: Click to draw · click again to remove

Tata Business Cycle Fund-Direct Plan-Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹20.88

Sector Shift Industry allocation month-over-month

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	12.9%	11.6%	▼ -1.3%
Healthcare Services	7.5%	8.4%	▲ +0.9%
Finance	8.0%	7.9%	▼ -0.1%
Power	6.0%	6.9%	▲ +0.9%
Cement & Cement Products	6.7%	6.7%	● +0.1%
Ferrous Metals	6.0%	5.8%	▼ -0.2%
Insurance	5.0%	5.1%	▲ +0.2%
Petroleum Products	5.3%	4.8%	▼ -0.5%
Construction	4.5%	4.3%	▼ -0.2%
Financial Technology (Fintech)	3.7%	4.1%	▲ +0.4%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	11.6%	12.0%	▲ +0.3%
Finance	7.9%	8.5%	▲ +0.6%
Healthcare Services	8.4%	7.5%	▼ -0.9%
Power	6.9%	6.7%	▼ -0.3%
Cement & Cement Products	6.7%	6.5%	▼ -0.2%
Ferrous Metals	5.8%	5.2%	▼ -0.7%
Insurance	5.1%	5.1%	● 0.0%
Industrial Products	3.9%	5.1%	▲ +1.2%
Petroleum Products	4.8%	4.7%	● -0.1%
Construction	4.3%	4.4%	▲ +0.1%

🟢

Biggest New Buy

Vedanta Aluminium Metal Limited

1.50% weight · Metals & Minerals Trading

🔴

Biggest Exit

Vedanta Limited

0.98% was held · Diversified Metals

↑

Biggest Add

Oil & Natural Gas Corporation Limited

+0.94% · now 1.93%

↓

Biggest Trim

Apollo Hospitals Enterprise Limited

-0.65% · now 1.79%

🤝 Other funds also bought this month

Vedanta Aluminium Metal Limited 43 funds

SBI Cards and Payment Services Limited 5 funds

Ratnamani Metals & Tubes Ltd. 1 fund

👋 Other funds also exited

Vedanta Limited 45 funds

Tata Capital Limited 10 funds

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

🟢 3 New Entries 🔴 2 Exits ↑ 28 Increased ↓ 21 Decreased

#	Stock	Sector	Weight (Jun 2026)
1	Vedanta Aluminium Metal Limited ₹39.98 Cr	Metals & Minerals Trading	1.50%
2	Ratnamani Metals & Tubes Ltd. ₹39.20 Cr	Industrial Products	1.47%
3	SBI Cards and Payment Services Limited ₹19.67 Cr	Finance	0.74%

#	Stock	Sector	Last Weight (May 2026)
1	Vedanta Limited ₹26.15 Cr	Diversified Metals	0.98%
2	Tata Capital Limited ₹14.76 Cr	Finance	0.55%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Oil & Natural Gas Corporation Limited ₹51.47 Cr	Oil	0.99%	1.93%	+0.94%
2	GlaxoSmithKline Pharmaceuticals Limited ₹41.17 Cr	Pharmaceuticals & Biotechnology	0.83%	1.54%	+0.71%
3	Bharat Forge Limited ₹34.31 Cr	Auto Components	0.99%	1.29%	+0.30%
4	Shriram Finance Limited ₹60.22 Cr	Finance	2.05%	2.26%	+0.21%
5	Axis Bank Limited ₹104.68 Cr	Banks	3.74%	3.92%	+0.18%
6	Delhivery Limited ₹77.43 Cr	Transport Services	2.77%	2.90%	+0.13%
7	Godrej Properties Limited ₹58.01 Cr	Realty	2.05%	2.17%	+0.12%
8	The Ramco Cements Limited ₹47.40 Cr	Cement & Cement Products	1.66%	1.78%	+0.12%
9	Five Star Business Finance Limited ₹27.56 Cr	Finance	0.91%	1.03%	+0.12%
10	DEE Development Engineers Ltd ₹5.11 Cr	Industrial Manufacturing	0.08%	0.19%	+0.11%
11	Acme Solar Holdings Ltd ₹40.26 Cr	Power	1.44%	1.51%	+0.07%
12	Emmvee Photovoltaic Power Ltd ₹37.99 Cr	Electrical Equipment	1.35%	1.42%	+0.07%
13	DCB Bank Limited ₹30.71 Cr	Banks	1.09%	1.15%	+0.06%
14	Larsen & Toubro Limited ₹83.88 Cr	Construction	3.09%	3.14%	+0.05%
15	L&T Finance Limited ₹80.64 Cr	Finance	2.97%	3.02%	+0.05%
16	Kotak Mahindra Bank Limited ₹53.49 Cr	Banks	1.96%	2.01%	+0.05%
17	KEC International Limited ₹33.72 Cr	Construction	1.21%	1.26%	+0.05%
18	Niva Bupa Health Insurance Company Limited ₹58.86 Cr	Insurance	2.17%	2.21%	+0.04%
19	Marico Limited ₹53.52 Cr	Agricultural Food & other Products	1.97%	2.01%	+0.04%
20	NHPC Limited ₹27.65 Cr	Power	1.00%	1.04%	+0.04%
21	Bank of Baroda ₹48.35 Cr	Banks	1.78%	1.81%	+0.03%
22	One 97 Communications Limited ₹35.96 Cr	Financial Technology (Fintech)	1.32%	1.35%	+0.03%
23	Dixon Technologies (India) Limited ₹29.20 Cr	Consumer Durables	1.06%	1.09%	+0.03%
24	Bayer Cropscience Limited ₹28.17 Cr	Fertilizers & Agrochemicals	1.03%	1.06%	+0.03%
25	HDFC Bank Limited ₹82.37 Cr	Banks	3.07%	3.09%	+0.02%
26	Adani Ports and Special Economic Zone Limited ₹44.92 Cr	Transport Infrastructure	1.67%	1.68%	+0.01%
27	Gravita India Limited ₹28.91 Cr	Minerals & Mining	1.07%	1.08%	+0.01%
28	Kwality Walls (India) Limited ₹43.89 L	Food Products	0.01%	0.02%	+0.01%

#	Stock	Sector	May 2026	Jun 2026	Change
1	Apollo Hospitals Enterprise Limited ₹47.67 Cr	Healthcare Services	2.44%	1.79%	-0.65%
2	Jindal Steel Limited ₹88.36 Cr	Ferrous Metals	3.76%	3.31%	-0.45%
3	Adani Energy Solutions Limited ₹64.12 Cr	Power	2.63%	2.40%	-0.23%
4	Tata Steel Limited ₹49.96 Cr	Ferrous Metals	2.07%	1.87%	-0.20%
5	Graphite India Limited ₹27.55 Cr	Industrial Products	1.22%	1.03%	-0.19%
6	SEDEMAC MECHATRONICS LTD ₹47.69 Cr	Auto Components	1.97%	1.79%	-0.18%
7	Nuvoco Vistas Corporation Limited ₹33.75 Cr	Cement & Cement Products	1.45%	1.27%	-0.18%
8	Adani Power Limited ₹45.43 Cr	Power	1.85%	1.70%	-0.15%
9	Ambuja Cements Limited ₹65.86 Cr	Cement & Cement Products	2.61%	2.47%	-0.14%
10	Dr. Lal Path Labs Limited ₹38.66 Cr	Healthcare Services	1.59%	1.45%	-0.14%
11	PB Fintech Limited ₹70.75 Cr	Financial Technology (Fintech)	2.77%	2.65%	-0.12%
12	Metropolis Healthcare Limited ₹112.73 Cr	Healthcare Services	4.33%	4.23%	-0.10%
13	Reliance Industries Limited ₹126.28 Cr	Petroleum Products	4.82%	4.73%	-0.09%
14	Cummins India Limited ₹68.54 Cr	Industrial Products	2.66%	2.57%	-0.09%
15	Varun Beverages Limited ₹49.83 Cr	Beverages	1.94%	1.87%	-0.07%
16	ICICI Lombard General Insurance Company Limited ₹39.81 Cr	Insurance	1.53%	1.49%	-0.04%
17	HDFC Life Insurance Company Limited ₹36.95 Cr	Insurance	1.43%	1.39%	-0.04%
18	Dabur India Limited ₹26.36 Cr	Personal Products	1.03%	0.99%	-0.04%
19	360 One WAM Limited ₹28.91 Cr	Capital Markets	1.11%	1.08%	-0.03%
20	Hindustan Unilever Limited ₹26.48 Cr	Diversified FMCG	1.01%	0.99%	-0.02%
21	Bharat Heavy Electricals Limited ₹22.78 Cr	Electrical Equipment	0.86%	0.85%	-0.01%

What Stocks Does This Fund Hold?

56 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	Reliance Industries Limited ₹126.28 Cr	Petroleum Products	4.73%
2	Metropolis Healthcare Limited ₹112.73 Cr	Healthcare Services	4.23%
3	Axis Bank Limited ₹104.68 Cr	Banks	3.92%
4	Jindal Steel Limited ₹88.36 Cr	Ferrous Metals	3.31%
5	Larsen & Toubro Limited ₹83.88 Cr	Construction	3.14%
6	HDFC Bank Limited ₹82.37 Cr	Banks	3.09%
7	L&T Finance Limited ₹80.64 Cr	Finance	3.02%
8	Delhivery Limited ₹77.43 Cr	Transport Services	2.90%
9	PB Fintech Limited ₹70.75 Cr	Financial Technology (Fintech)	2.65%
10	Cummins India Limited ₹68.54 Cr	Industrial Products	2.57%
11	Ambuja Cements Limited ₹65.86 Cr	Cement & Cement Products	2.47%
12	Adani Energy Solutions Limited ₹64.12 Cr	Power	2.40%
13	Shriram Finance Limited ₹60.22 Cr	Finance	2.26%
14	Niva Bupa Health Insurance Company Limited ₹58.86 Cr	Insurance	2.21%
15	Godrej Properties Limited ₹58.01 Cr	Realty	2.17%
16	Marico Limited ₹53.52 Cr	Agricultural Food & other Products	2.01%
17	Kotak Mahindra Bank Limited ₹53.49 Cr	Banks	2.01%
18	Oil & Natural Gas Corporation Limited ₹51.47 Cr	Oil	1.93%
19	Tata Steel Limited ₹49.96 Cr	Ferrous Metals	1.87%
20	Varun Beverages Limited ₹49.83 Cr	Beverages	1.87%
21	Bank of Baroda ₹48.35 Cr	Banks	1.81%
22	SEDEMAC MECHATRONICS LTD ₹47.69 Cr	Auto Components	1.79%
23	Apollo Hospitals Enterprise Limited ₹47.67 Cr	Healthcare Services	1.79%
24	The Ramco Cements Limited ₹47.40 Cr	Cement & Cement Products	1.78%
25	Adani Power Limited ₹45.43 Cr	Power	1.70%
26	Adani Ports and Special Economic Zone Limited ₹44.92 Cr	Transport Infrastructure	1.68%
27	GlaxoSmithKline Pharmaceuticals Limited ₹41.17 Cr	Pharmaceuticals & Biotechnology	1.54%
28	Acme Solar Holdings Ltd ₹40.26 Cr	Power	1.51%
29	Vedanta Aluminium Metal Limited ₹39.98 Cr	Metals & Minerals Trading	1.50%
30	ICICI Lombard General Insurance Company Limited ₹39.81 Cr	Insurance	1.49%
31	Ratnamani Metals & Tubes Ltd. ₹39.20 Cr	Industrial Products	1.47%
32	Dr. Lal Path Labs Limited ₹38.66 Cr	Healthcare Services	1.45%
33	Emmvee Photovoltaic Power Ltd ₹37.99 Cr	Electrical Equipment	1.42%
34	Bajaj Finserv Limited ₹37.38 Cr	Finance	1.40%
35	HDFC Life Insurance Company Limited ₹36.95 Cr	Insurance	1.39%
36	One 97 Communications Limited ₹35.96 Cr	Financial Technology (Fintech)	1.35%
37	Bharat Forge Limited ₹34.31 Cr	Auto Components	1.29%
38	Nuvoco Vistas Corporation Limited ₹33.75 Cr	Cement & Cement Products	1.27%
39	KEC International Limited ₹33.72 Cr	Construction	1.26%
40	DCB Bank Limited ₹30.71 Cr	Banks	1.15%
41	Dixon Technologies (India) Limited ₹29.20 Cr	Consumer Durables	1.09%
42	360 One WAM Limited ₹28.91 Cr	Capital Markets	1.08%
43	Gravita India Limited ₹28.91 Cr	Minerals & Mining	1.08%
44	Bayer Cropscience Limited ₹28.17 Cr	Fertilizers & Agrochemicals	1.06%
45	NHPC Limited ₹27.65 Cr	Power	1.04%
46	Five Star Business Finance Limited ₹27.56 Cr	Finance	1.03%
47	Graphite India Limited ₹27.55 Cr	Industrial Products	1.03%
48	Hindustan Unilever Limited ₹26.48 Cr	Diversified FMCG	0.99%
49	Shree Cement Limited ₹26.36 Cr	Cement & Cement Products	0.99%
50	Dabur India Limited ₹26.36 Cr	Personal Products	0.99%
51	ITC Limited ₹24.39 Cr	Diversified FMCG	0.91%
52	Bharat Heavy Electricals Limited ₹22.78 Cr	Electrical Equipment	0.85%
53	SBI Cards and Payment Services Limited ₹19.67 Cr	Finance	0.74%
54	Hexaware Technologies Limited ₹11.32 Cr	IT - Software	0.42%
55	DEE Development Engineers Ltd ₹5.11 Cr	Industrial Manufacturing	0.19%
56	Kwality Walls (India) Limited ₹43.89 L	Food Products	0.02%