Sundaram Business Cycle Fund
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy.
Growthvine rating: 3/5 — ranked #90 of 184 in category.
Fund basics
| Category | Equity: Thematic |
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| NAV | ₹10.83 (as of 2026-10-01) |
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| AUM | ₹1,747 Cr |
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| Expense ratio | 1.79% |
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| Riskometer | Very High |
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| Fund manager | Madanagopal Ramu |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −20.13% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 107.1% of Nifty 500's upside and 86.0% of its downside.
Market cap allocation
| Large cap | 19.8% |
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| Mid cap | 37.6% |
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| Small cap | 42.6% |
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Concentration
| Top 5 holdings | 22.4% |
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| Top 10 holdings | 40.6% |
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| Total holdings | 34 |
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Top holdings
- Radico Khaitan Ltd. — 5.2%
- Eternal Limited — 4.8%
- PB Fintech Limited — 4.3%
- TD Power Systems Limited — 4.2%
- Shriram Finance Limited — 3.9%
- MTAR Technologies Limited — 3.8%
- InterGlobe Aviation Limited — 3.7%
- FSN E-Commerce Ventures Limited — 3.6%
- Oracle Financial Services Software Limited — 3.6%
- Kalyan Jewellers India Limited — 3.4%
Top sectors
- Retail — 11.4%
- Electricals — 11.0%
- Software & Services — 10.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −0.7% | Q2 | #65 of 167 |
| 2025 | 1.0% | Q3 | #86 of 132 |