← Union Mutual Fund

Union Business Cycle Fund - Direct Plan - Growth Option

Equity Data as of Apr 2026 Comparing Feb 2026 → Apr 2026
Share: WhatsApp X
Stocks Held
55
Apr 2026
Equity Holdings
₹483.42 Cr
Equity only, excl. debt & cash
Top 5 Weight
20.0%
Diversified
Top 10 Weight
33.0%
Diversified
Changes
65
10 new · 12 exits
Top Sector
Banks
19.8% of portfolio
📋 What Happened This Month Union Business Cycle Fund made 10 new additions and exited 12 stocks this month. The biggest new buy was Bharat Heavy Electricals Limited (Electrical Equipment) at 2.88% weight. HDFC Bank Limited was the biggest exit (Banks), which was held at 4.11%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 6.93% of the portfolio. State Bank of India was trimmed the most, now at 2.46%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 19.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Earlier shift unavailable
Needs 3 months of holdings data.
Feb 2026 Apr 2026
Sector Prev Curr Delta
Banks 22.0% 19.8% -2.3%
Aerospace & Defense 5.8% 6.5% +0.8%
Electrical Equipment 2.2% 6.4% +4.3%
Chemicals & Petrochemicals 4.5% 5.5% +1.0%
Pharmaceuticals & Biotechnology 3.0% 5.5% +2.5%
Construction 4.7% 5.0% +0.3%
Ferrous Metals 4.5% 4.6% +0.1%
Auto Components 4.8% 4.5% -0.3%
Automobiles 3.7% 4.5% +0.8%
Industrial Products 4.7% 4.3% -0.4%
🟢
Biggest New Buy
Bharat Heavy Electricals Limited
2.88% weight · Electrical Equipment
🔴
Biggest Exit
HDFC Bank Limited
4.11% was held · Banks
Biggest Add
ICICI Bank Limited
+2.45% · now 6.93%
Biggest Trim
State Bank of India
-2.40% · now 2.46%
🤝 Other funds also bought this month
Eternal Limited 131 funds
Eternal Limited
Mirae Asset Nifty India Internet ETF
HDFC INNOVATION FUND - DIRECT PLAN - GROWTH OPTION
HDFC Nifty India Digital Index Fund (An open ended scheme replicating/tracking Nifty India Digital Index (TRI)) + more
InterGlobe Aviation Limited 123 funds
InterGlobe Aviation Limited
Invesco India Business Cycle Fund - Direct Plan - Growth
Mirae Asset Nifty India New Age Consumption ETF
BAJAJ FINSERV CONSUMPTION FUND - DIRECT - GROWTH + more
JSW Energy Limited 65 funds
JSW Energy Limited
Mirae Asset Infrastructure Fund - Direct Plan - Growth
Union Innovation & Opportunities Fund - Direct Plan - Growth Option
Sundaram Large and Midcap Fund Direct Plan - Growth + more
Aurobindo Pharma Limited 60 funds
Aurobindo Pharma Limited
quant Manufacturing Fund - Growth Option - Direct Plan
quant Business Cycle Fund - Growth Option - Direct Plan
quant Dynamic Asset Allocation Fund + more
Bharat Heavy Electricals Limited 59 funds
Bharat Heavy Electricals Limited
quant PSU Fund - Growth Option - Direct Plan
Mirae Asset Nifty Energy ETF
CANARA ROBECO MANUFACTURING FUND + more
JK Cement Limited 43 funds
JK Cement Limited
LIC MF Flexi Cap Fund-Direct Plan-Growth
Invesco India Manufacturing Fund - Direct Plan - Growth
Invesco India Business Cycle Fund - Direct Plan - Growth + more
👋 Other funds also exited
Vedanta Limited 64 funds
Vedanta Limited
SBI Quant Fund- Direct Plan- Growth
Bajaj Finserv Nifty Next 50 Index Fund - Direct - Growth
UTI Nifty Next 50 Index Fund - Direct Plan - Growth Option + more
HDFC Bank Limited 42 funds
HDFC Bank Limited
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth + more
Bharti Airtel Limited 31 funds
Bharti Airtel Limited
Axis Quant Fund - Direct Plan - Growth
ICICI Prudential Nifty Top 15 Equal Weight Index Fund - Direct Plan - Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Plan - Growth + more
Tata Motors Ltd 28 funds
Tata Motors Ltd
ICICI Prudential Active Momentum Fund - Direct Plan - Growth
JM Value Fund (Direct) - Growth Option
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND - Direct Plan Growth + more
LTIMindtree Limited 22 funds
LTIMindtree Limited
ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth
UTI Nifty Next 50 Index Fund - Direct Plan - Growth Option
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth + more
Persistent Systems Limited 17 funds
Persistent Systems Limited
ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth
Motilal Oswal Digital India Fund - Direct Plan - Growth
JM Large & Mid Cap Fund (Direct) - Growth Option + more

What Changed?

Comparing Feb 2026 → Apr 2026

Feb 2026 Apr 2026
🟢 10 New Entries 🔴 12 Exits ↑ 29 Increased ↓ 14 Decreased
#StockSectorWeight (Apr 2026)
1
Bharat Heavy Electricals Limited
₹14.63 Cr
Electrical Equipment 2.88%
2
Power Mech Projects Limited
₹12.34 Cr
Construction 2.43%
3
JSW Energy Limited
₹11.77 Cr
Power 2.32%
4
Aurobindo Pharma Limited
₹9.68 Cr
Pharmaceuticals & Biotechnology 1.91%
5
Bank of Maharashtra
₹5.04 Cr
Banks 0.99%
6
Suzlon Energy Limited
₹4.98 Cr
Electrical Equipment 0.98%
7
Eternal Limited
₹4.97 Cr
Retailing 0.98%
8
InterGlobe Aviation Limited
₹4.26 Cr
Transport Services 0.84%
9
JK Cement Limited
₹2.45 Cr
Cement & Cement Products 0.48%
10
360 One WAM Limited
₹1.70 Cr
Capital Markets 0.34%
#StockSectorLast Weight (Feb 2026)
1
HDFC Bank Limited
₹21.49 Cr
Banks 4.11%
2
Bharti Airtel Limited
₹14.94 Cr
Telecom - Services 2.86%
3
Tata Motors Ltd
₹12.87 Cr
Agricultural, Commercial & Construction Vehicles 2.46%
4
Nippon Life India Asset Management Limited
₹7.98 Cr
Capital Markets 1.53%
5
Netweb Technologies India Limited
₹6.84 Cr
IT - Services 1.31%
6
UNO Minda Limited
₹6.77 Cr
Auto Components 1.30%
7
Tata Capital Limited
₹4.86 Cr
Finance 0.93%
8
Blue Star Limited
₹4.63 Cr
Consumer Durables 0.89%
9
FSN E-Commerce Ventures Limited
₹3.44 Cr
Retailing 0.66%
10
Vedanta Limited
₹3.18 Cr
Diversified Metals 0.61%
#StockSectorFeb 2026Apr 2026Change
1
ICICI Bank Limited
₹35.13 Cr
Banks 4.48% 6.93% +2.45%
2
Tata Motors Passenger Vehicles Limited
₹8.80 Cr
Automobiles 0.75% 1.73% +0.98%
3
Sona BLW Precision Forgings Limited
₹8.98 Cr
Auto Components 1.02% 1.77% +0.75%
4
Axis Bank Limited
₹20.72 Cr
Banks 3.38% 4.09% +0.71%
5
Multi Commodity Exchange of India Limited
₹12.05 Cr
Capital Markets 1.70% 2.38% +0.68%
6
Data Patterns (India) Limited
₹12.40 Cr
Aerospace & Defense 1.87% 2.45% +0.58%
7
Mphasis Limited
₹7.37 Cr
IT - Software 0.95% 1.45% +0.50%
8
GE Vernova T&D India Limited
₹13.09 Cr
Electrical Equipment 2.16% 2.58% +0.42%
9
Solar Industries India Limited
₹13.82 Cr
Chemicals & Petrochemicals 2.31% 2.72% +0.41%
10
Aarti Industries Limited
₹4.36 Cr
Chemicals & Petrochemicals 0.49% 0.86% +0.37%
#StockSectorFeb 2026Apr 2026Change
1
State Bank of India
₹12.47 Cr
Banks 4.86% 2.46% -2.40%
2
Larsen & Toubro Limited
₹12.89 Cr
Construction 4.67% 2.54% -2.13%
3
Shriram Finance Limited
₹5.23 Cr
Finance 2.82% 1.03% -1.79%
4
UltraTech Cement Limited
₹8.51 Cr
Cement & Cement Products 2.89% 1.68% -1.21%
5
KEI Industries Limited
₹7.08 Cr
Industrial Products 2.04% 1.40% -0.64%
6
Amber Enterprises India Limited
₹8.68 Cr
Consumer Durables 2.34% 1.71% -0.63%
7
SBI Life Insurance Company Limited
₹9.56 Cr
Insurance 2.34% 1.88% -0.46%
8
Reliance Industries Limited
₹12.43 Cr
Petroleum Products 2.81% 2.45% -0.36%
9
Maruti Suzuki India Limited
₹7.56 Cr
Automobiles 1.61% 1.49% -0.12%
10
Kotak Mahindra Bank Limited
₹9.97 Cr
Banks 2.07% 1.97% -0.10%

Full Portfolio

55 stocks — Apr 2026

# Stock Sector Cap Weight & Value
1
₹35.13 Cr
Banks
6.93%
2
₹20.72 Cr
Banks
4.09%
3
₹15.80 Cr
Aerospace & Defense
3.12%
4
₹14.89 Cr
Industrial Products
2.94%
5
₹14.63 Cr
Electrical Equipment
2.88%
6
₹13.99 Cr
Ferrous Metals
2.76%
7
₹13.82 Cr
Chemicals & Petrochemicals
2.72%
8
₹13.09 Cr
Electrical Equipment
2.58%
9
₹12.89 Cr
Construction
2.54%
10
₹12.47 Cr
Banks
2.46%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 Union Mutual Fund — Portfolio & Holdings
See all funds managed by Union Mutual Fund — conviction stocks, monthly entries & exits

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.

Found a discrepancy or have feedback? Contact Us — we read every message personally.