Scheme

Tata Business Cycle Fund

Holds 49 companies worth ₹2,361 Cr in Sept 2026.

Fund house
TataThe fund house that runs this scheme.
AUM
₹2,416 CrTata Business Cycle Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 7.2% on Aug 2026, ₹2,602 Cr.
Largest holding
Reliance IndustriesReliance Industries is 4.8% of this scheme's NAV.
Fund manager
Murthy NagarajanRuns it since 4 Aug 2021, as the fund house dates it. With Rahul Singh (fund manager), Hasmukh Vishariya (fund manager), Sailesh Jain (co-manager).

Holdings^{(Aug 2021 – Sept 2026)}

Holdings in Sept 2026. Tick up to 2 to plot them.
Plot	49 companies ·	₹ Cr
	Reliance Industries	116
	Metropolis Healthcare Limited	103
	Axis Bank	95.4
	Jindal Steel and Power Limited	94.6
	HDFC Bank	90.2
	LandT Finance Holdings Limited	71.6
	Larsen and Toubro	70.5
	Delhivery Limited	67.2
	Cummins India	62.4
	Adani Energy Solutions Limited	61.1
	Ratnamani Metals and Tubes Limited	60.8
	Ambuja Cement	58.4
	Niva Bupa Health Insurance Company Limited	58.1
	Shriram Finance Limited	56.8
	Oil and Natural Gas Corporation Limited	51.7
	PB Fintech Limited	51.5
	Godrej Properties	50.6
	Marico	50.3
	Tata Steel Limited	49
	Sedemac Mechatronics Ltd	48.2
	Madras Cements	48
	Vedanta Aluminium Metal Limited	48
	Apollo Hospitals Enterprise Limited	47.2
	One 97 Communications Limited	47
	Dr Lal Path Labs Limited	46.7
	Bharat Forge	46.6
	Graphite India Limited	45.8
	ACME Solar Holdings Limited	45.7
	ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	44.6
	Nuvoco Vistas Corp Limited	43.9
	Varun Beverages Limited	42.4
	Abbott India Limited	39.5
	GLAXO SMITHKLINE PHARMA	36.8
	Bajaj Finserv Limited	36.4
	ICICI Lombard General Insurance Co	36.3
	DCB Bank Ltd	33.8
	HDFC Life Insurance Co Ltd	33.4
	Hitachi Energy India Limited	31.2
	Amber Enterprises India Limited	29
	360 One Wam Limited	27.7
	Five Star Business Finance Limited	26.2
	Gravita India Limited	25.7
	Dixon Technologies India Limited	25.6
	Bayer Cropscience	24.6
	Hindustan Unilever	23.5
	Lohia Corp Limited	22.8
	SBI Cards and Payment Services Limited	19.2
	Shree Cement	11.8
	DEE Development Engineers Limited	5.4

Reliance Industries
Metropolis Healthcare Limit…

Market value of each ticked company in Tata Business Cycle Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	Reliance Industries	Metropolis Healthcare Limited
Sept 2025	₹177 Cr	₹78 Cr
Oct 2025	₹193 Cr	₹90.1 Cr
Nov 2025	₹203 Cr	₹88.3 Cr
Dec 2025	₹204 Cr	₹95 Cr
Jan 2026	₹174 Cr	₹97.7 Cr
Feb 2026	₹167 Cr	₹99.3 Cr
Mar 2026	₹167 Cr	₹90.6 Cr
Apr 2026	₹140 Cr	₹99.5 Cr
May 2026	₹129 Cr	₹116 Cr
Jun 2026	₹126 Cr	₹113 Cr
Jul 2026	₹128 Cr	₹119 Cr
Aug 2026	₹125 Cr	₹119 Cr
Sept 2026	₹116 Cr	₹103 Cr

Fig. 1.Market value of each ticked company in Tata Business Cycle Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of NAV
Large Cap	18	44.03

Mid Cap	13	21.29

Small Cap	16	29.47

Unlisted	1	0.94

Other equity	1	2.03

Cash & others		2.24

Sectors

Companies

Fig. 2.This scheme's holdings, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

Buying and selling, month by month^{(Oct 2025 – Sept 2026)}

Buying and selling, month by month. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Portfolio^{(Sept 2026)}

Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures. Click a column's header to sort by it.

Reliance Industries	Equity	Petroleum Products	9.76L	116	4.80
Metropolis Healthcare Limited	Equity	Healthcare Services	18.9L	103	4.25
Axis Bank	Equity	Banks	7.78L	95.4	3.95
Jindal Steel and Power Limited	Equity	Ferrous Metals	8.34L	94.6	3.92
HDFC Bank	Equity	Banks	12.7L	90.2	3.73
LandT Finance Holdings Limited	Equity	Finance	27L	71.6	2.96
Larsen and Toubro	Equity	Construction	1.87L	70.5	2.92
Delhivery Limited	Equity	Transport Services	16.4L	67.2	2.78
Cummins India	Equity	Industrial Products	1.31L	62.4	2.58
Adani Energy Solutions Limited	Equity	Power	4.65L	61.1	2.53
Ratnamani Metals and Tubes Limited	Equity	Industrial Products	2.23L	60.8	2.52
Ambuja Cement	Equity	Cement & Cement Products	15.6L	58.4	2.42
Niva Bupa Health Insurance Company Limited	Equity	Insurance	77.7L	58.1	2.41
Shriram Finance Limited	Equity	Finance	5.78L	56.8	2.35
Oil and Natural Gas Corporation Limited	Equity	Oil	22.9L	51.7	2.14
PB Fintech Limited	Equity	Financial Technology (Fintech)	4.84L	51.5	2.13
Godrej Properties	Equity	Realty	3.11L	50.6	2.10
Marico	Equity	Agricultural Food & other Products	6.4L	50.3	2.08
Tata Steel Limited	Rights	Ferrous Metals	26.6L	49	2.03
Sedemac Mechatronics Ltd	Equity	Auto Components	1.38L	48.2	1.99
Madras Cements	Equity	Cement & Cement Products	5.68L	48	1.99
Vedanta Aluminium Metal Limited	Equity	Non - Ferrous Metals	11.6L	48	1.99
Apollo Hospitals Enterprise Limited	Equity	Healthcare Services	57.7K	47.2	1.95
One 97 Communications Limited	Equity	Financial Technology (Fintech)	2.8L	47	1.95
Dr Lal Path Labs Limited	Equity	Healthcare Services	2.35L	46.7	1.93
Bharat Forge	Equity	Auto Components	2.42L	46.6	1.93
Graphite India Limited	Equity	Industrial Products	5.99L	45.8	1.90
ACME Solar Holdings Limited	Equity	Power	10.4L	45.7	1.89
ADANI PORT AND SPECIAL ECONOMIC ZONE LTD	Equity	Transport Infrastructure	2.48L	44.6	1.85
Nuvoco Vistas Corp Limited	Equity	Cement & Cement Products	13L	43.9	1.82
Varun Beverages Limited	Equity	Beverages	9.82L	42.4	1.76
Abbott India Limited	Equity	Pharmaceuticals & Biotechnology	14.6K	39.5	1.63
GLAXO SMITHKLINE PHARMA	Equity	Pharmaceuticals & Biotechnology	1.33L	36.8	1.52
Bajaj Finserv Limited	Equity	Finance	2.1L	36.4	1.50
ICICI Lombard General Insurance Co	Equity	Insurance	2.29L	36.3	1.50
DCB Bank Ltd	Equity	Banks	16.6L	33.8	1.40
HDFC Life Insurance Co Ltd	Equity	Insurance	6.42L	33.4	1.38
Hitachi Energy India Limited	Equity	Electrical Equipment	10.2K	31.2	1.29
Amber Enterprises India Limited	Equity	Consumer Durables	43.5K	29	1.20
360 One Wam Limited	Equity	Capital Markets	2.69L	27.7	1.15
Five Star Business Finance Limited	Equity	Finance	5.07L	26.2	1.09
Gravita India Limited	Equity	Minerals & Mining	1.77L	25.7	1.06
Dixon Technologies India Limited	Equity	Consumer Durables	19.5K	25.6	1.06
Bayer Cropscience	Equity	Fertilizers & Agrochemicals	67.9K	24.6	1.02
Hindustan Unilever	Equity	Diversified FMCG	1.25L	23.5	0.97
Lohia Corp Limited	Equity	Industrial Manufacturing	4.09L	22.8	0.94
SBI Cards and Payment Services Limited	Equity	Finance	3.32L	19.2	0.79
Shree Cement	Equity	Cement & Cement Products	5.28K	11.8	0.49
DEE Development Engineers Limited	Equity	Industrial Manufacturing	79.4K	5.4	0.22

Fig. 4.Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures.