Direct Plan · IDCW Option · Sectoral / Thematic · Scheme code 152410
NAV₹11.9200as on 25 Sep 2026
Fund houseUnion Mutual Fund
CategorySectoral / Thematic
Plan & optionDirect · IDCW Option
History2.5 years
Returns (%)
1M
3M
6M
1Y
3Y
5Y
7Y
10Y
Launch
This scheme
-3.90
-1.00
7.64
1.55
—
—
—
—
7.00
Nifty 500 benchmark
0.87
4.31
2.15
5.20
12.49
11.41
—
—
15.49
Sectoral / Thematic category median
—
—
—
5.00
14.36
12.50
—
14.88
—
Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
15.2%
0.03
0.04
0.98
1.42%
-19.9%
90.34
Nifty 500 benchmark
17.2%
0.35
0.47
—
—
-37.3%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
29 months this scheme and its benchmark share.
Growth of ₹100 since launch
Drawdown from peak (%)
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
74
-4.9%
4.2%
18.7%
23%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
How it behaves against its benchmark
Up capture
Down capture
Correlation
Tracking error
Information ratio
Treynor
102%
94%
0.95
5.0%
0.28
2.21
Up capture is how much of the benchmark's gain this scheme kept in the months the
benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it
on the up side is the combination every fund is trying for and few reach.
Measured over the 29 months this scheme and
Nifty 500 share.
Union Business Cycle Fund
Direct Plan · IDCW Option
Allocation
By asset
Equity
95.73%
Cash & Equivalents
4.16%
Debt
0.11%
By market cap
Concentration
Number of stocks
61
Top 5 stocks
19.83%
Top 10 stocks
31.86%
Top 20 stocks
51.99%
Lines in the filing
63
Largest holding
6.43%
Largest sector
Banks 17.38%
Effective stocks
47.2
Sectors held
27
Cash
4.16%
Effective stocks is what the concentration works out to: a fund holding
61 names but most of its money in a few
behaves like a fund of 47. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
17.38%
Pharmaceuticals & Biotechnology
6.84%
Construction
6.52%
Finance
6.16%
IT - Software
5.96%
Textiles & Apparels
5.77%
Chemicals & Petrochemicals
5.50%
Industrial Products
4.75%
Cash & Equivalents
4.16%
Electrical Equipment
3.83%
Healthcare Services
3.77%
Auto Components
3.43%
Financial Technology (Fintech)
3.32%
Aerospace & Defense
2.38%
Capital Markets
2.26%
Realty
2.05%
Petroleum Products
1.97%
Consumer Durables
1.94%
Agricultural, Commercial & Construction Vehicles
1.93%
Transport Services
1.89%
Union Business Cycle Fund
Direct Plan · IDCW Option · holdings
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
ICICI Bank Ltd.
Banks
229,041
33
6.43%
2
Larsen & Toubro Ltd.
Construction
54,321
22
4.24%
3
TREPS
Unclassified
—
21
4.06%
4
One 97 Communications Ltd.
Financial Technology (Fintech)
100,000
17
3.32%
5
Axis Bank Ltd.
Banks
121,705
16
3.05%
6
Shriram Finance Ltd.
Finance
130,255
14
2.79%
7
HDFC Bank Ltd.
Banks
201,052
14
2.75%
8
Coforge Ltd.
IT - Software
64,583
13
2.48%
9
Sona Blw Precision Forgings Ltd.
Auto Components
147,852
12
2.32%
10
Bharat Heavy Electricals Ltd.
Electrical Equipment
267,131
12
2.28%
11
Sai Life Sciences Ltd.
Pharmaceuticals & Biotechnology
78,126
11
2.20%
12
Solar Industries India Ltd.
Chemicals & Petrochemicals
5,673
11
2.20%
13
Navin Fluorine International Ltd.
Chemicals & Petrochemicals
13,103
11
2.19%
14
Arvind Ltd.
Textiles & Apparels
195,901
11
2.10%
15
Prestige Estates Projects Ltd.
Realty
65,169
11
2.05%
16
Reliance Industries Ltd.
Petroleum Products
79,926
10
1.97%
17
Jindal Saw Ltd.
Industrial Products
326,568
10
1.95%
18
Dixon Technologies (India) Ltd.
Consumer Durables
6,751
10
1.94%
19
State Bank of India
Banks
94,340
10
1.93%
20
Tata Motors Ltd.
Agricultural, Commercial & Construction Vehicles
212,614
10
1.93%
21
Bharti Airtel Ltd.
Telecom - Services
53,314
10
1.87%
22
Mphasis Ltd.
IT - Software
38,977
9
1.83%
23
RBL Bank Ltd.
Banks
245,561
9
1.80%
24
Cipla Ltd.
Pharmaceuticals & Biotechnology
61,099
9
1.66%
25
Tech Mahindra Ltd.
IT - Software
52,340
9
1.65%
26
Power Mech Projects Ltd.
Construction
33,537
8
1.63%
27
Apollo Hospitals Enterprise Ltd.
Healthcare Services
9,366
8
1.61%
28
GE Vernova T&D India Ltd.
Electrical Equipment
18,087
8
1.55%
29
Ujjivan Small Finance Bank Ltd.
Banks
1,066,736
7
1.42%
30
360 ONE WAM Ltd.
Capital Markets
62,118
7
1.41%
Union Business Cycle Fund
Direct Plan · IDCW Option · where the money sits
Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 26 Sep 2026.
