Tata Business Cycle Fund Datagrid
Category Sectoral/ Thematic
BMSMONEY Rank 17
Rating
Growth Option 20-05-2026
NAV ₹18.48(R) +0.22% ₹19.93(D) +0.22%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.18% 16.14% -% -% -%
Direct 2.59% 17.89% -% -% -%
Nifty 500 TRI 0.93% 14.4% 13.27% 14.06% 14.49%
SIP (XIRR) Regular -0.86% 5.7% -% -% -%
Direct 0.5% 7.28% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.49 0.23 0.45 0.31% -0.44
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.63% -21.46% -19.73% 0.98 11.3%
Fund AUM As on: 30/12/2025 2865 Cr
Top Sectoral/ Thematic
Fund Name Rank Rating
Aditya Birla Sun Life Special Opportunities Fund 1
Icici Prudential India Opportunities Fund 2
SBI Comma Fund 3
ICICI Prudential Business Cycle Fund 4
Icici Prudential Commodities Fund 5

NAV Date: 20-05-2026

Scheme Name NAV Rupee Change Percent Change
Tata Business Cycle Fund-Regular Plan-Growth 18.48
0.0400
0.2200%
Tata Business Cycle Fund-Regular Plan-IDCW Reinvestment 18.48
0.0400
0.2200%
Tata Business Cycle Fund-Regular Plan-IDCW Payout 18.48
0.0400
0.2200%
Tata Business Cycle Fund-Direct Plan-IDCW Payout 19.93
0.0400
0.2200%
Tata Business Cycle Fund-Direct Plan-IDCW Reinvestment 19.93
0.0400
0.2200%
Tata Business Cycle Fund-Direct Plan-Growth 19.93
0.0400
0.2200%

Review Date: 20-05-2026

Beginning of Analysis

In the Sectoral/ Thematic Fund category, Tata Business Cycle Fund is the 15th ranked fund. The category has total 22 funds. The 2 star rating shows a poor past performance of the Tata Business Cycle Fund in Sectoral/ Thematic Fund. The fund has a Jensen Alpha of 0.31% which is lower than the category average of 1.34%, showing poor performance. The fund has a Sharpe Ratio of 0.49 which is lower than the category average of 0.53.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Sectoral/Thematic Mutual Funds are ideal for aggressive investors seeking high returns by investing in a specific sector or theme. These funds offer targeted exposure to sectors like banking, technology, or themes like infrastructure and ESG, allowing investors to capitalize on the growth potential of these segments. However, they carry higher risks due to their concentrated exposure and are heavily dependent on the performance of the chosen sector or theme. Investors should have a long-term investment horizon, a high risk tolerance, and a good understanding of the sector or theme before investing in these funds. Additionally, timing the market and monitoring sectoral trends are crucial for success.

Tata Business Cycle Fund Return Analysis

The Tata Business Cycle Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Sectoral/ Thematic Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Sectoral/ Thematic Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 0.09%, 0.0 and -2.58 in last one, three and six months respectively. In the same period the category average return was 0.2%, -0.36% and -2.0% respectively.
  • Tata Business Cycle Fund has given a return of 2.59% in last one year. In the same period the Nifty 500 TRI return was 0.93%. The fund has given 1.66% more return than the benchmark return.
  • The fund has given a return of 17.89% in last three years and rank 11th out of twenty three funds in the category. In the same period the Nifty 500 TRI return was 14.4%. The fund has given 3.49% more return than the benchmark return.
  • The fund has given a SIP return of 0.5% in last one year whereas category average SIP return is 2.85%. The fund one year return rank in the category is 19th in 40 funds
  • The fund has SIP return of 7.28% in last three years and ranks 14th in 22 funds. Icici Prudential Commodities Fund has given the highest SIP return (16.77%) in the category in last three years.

Tata Business Cycle Fund Risk Analysis

  • The fund has a standard deviation of 14.63 and semi deviation of 11.3. The category average standard deviation is 15.08 and semi deviation is 11.51.
  • The fund has a Value at Risk (VaR) of -21.46 and a maximum drawdown of -19.73. The category average VaR is -23.34 and the maximum drawdown is -18.57. The fund has a beta of 0.98 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Sectoral/ Thematic Fund Category
  • Good Performance in Sectoral/ Thematic Fund Category
  • Poor Performance in Sectoral/ Thematic Fund Category
  • Very Poor Performance in Sectoral/ Thematic Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.01 -1.20
    0.15
    		-3.30 | 8.87 21 | 51 Good
    3M Return % -0.32 -3.40
    -0.53
    		-6.85 | 11.60 17 | 51 Good
    6M Return % -3.23 -5.62
    -2.47
    		-9.35 | 9.55 23 | 50 Good
    1Y Return % 1.18 0.93
    4.02
    		-5.32 | 21.43 21 | 40 Average
    3Y Return % 16.14 14.40
    15.99
    		7.60 | 23.40 11 | 23 Good
    1Y SIP Return % -0.86
    1.91
    		-11.00 | 24.20 19 | 39 Good
    3Y SIP Return % 5.70
    7.28
    		-0.53 | 15.60 14 | 22 Average
    Standard Deviation 14.63
    15.08
    		12.56 | 17.98 13 | 23 Average
    Semi Deviation 11.30
    11.51
    		9.54 | 14.14 12 | 23 Good
    Max Drawdown % -19.73
    -18.57
    		-25.37 | -12.71 14 | 23 Average
    VaR 1 Y % -21.46
    -23.34
    		-32.34 | -16.03 9 | 23 Good
    Average Drawdown % -11.12
    -7.84
    		-11.12 | -5.66 23 | 23 Poor
    Sharpe Ratio 0.49
    0.53
    		0.08 | 0.98 12 | 23 Good
    Sterling Ratio 0.45
    0.51
    		0.21 | 0.85 14 | 23 Average
    Sortino Ratio 0.23
    0.25
    		0.06 | 0.45 13 | 23 Average
    Jensen Alpha % 0.31
    1.34
    		-5.75 | 8.79 14 | 23 Average
    Treynor Ratio -0.44
    -0.45
    		-0.54 | -0.34 8 | 23 Good
    Modigliani Square Measure % 13.40
    13.97
    		7.02 | 21.00 12 | 23 Good
    Alpha % 0.31
    1.28
    		-5.39 | 10.56 13 | 23 Average
    Return data last Updated On : May 20, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.09 -1.20 0.20 -3.22 | 9.02 21 | 52 Good
    3M Return % 0.00 -3.40 -0.36 -6.97 | 11.87 17 | 52 Good
    6M Return % -2.58 -5.62 -2.00 -8.60 | 10.34 23 | 51 Good
    1Y Return % 2.59 0.93 5.16 -3.96 | 21.55 20 | 41 Good
    3Y Return % 17.89 14.40 17.30 8.93 | 24.90 11 | 23 Good
    1Y SIP Return % 0.50 2.85 -9.73 | 25.42 19 | 40 Good
    3Y SIP Return % 7.28 8.50 0.75 | 16.77 14 | 22 Average
    Standard Deviation 14.63 15.08 12.56 | 17.98 13 | 23 Average
    Semi Deviation 11.30 11.51 9.54 | 14.14 12 | 23 Good
    Max Drawdown % -19.73 -18.57 -25.37 | -12.71 14 | 23 Average
    VaR 1 Y % -21.46 -23.34 -32.34 | -16.03 9 | 23 Good
    Average Drawdown % -11.12 -7.84 -11.12 | -5.66 23 | 23 Poor
    Sharpe Ratio 0.49 0.53 0.08 | 0.98 12 | 23 Good
    Sterling Ratio 0.45 0.51 0.21 | 0.85 14 | 23 Average
    Sortino Ratio 0.23 0.25 0.06 | 0.45 13 | 23 Average
    Jensen Alpha % 0.31 1.34 -5.75 | 8.79 14 | 23 Average
    Treynor Ratio -0.44 -0.45 -0.54 | -0.34 8 | 23 Good
    Modigliani Square Measure % 13.40 13.97 7.02 | 21.00 12 | 23 Good
    Alpha % 0.31 1.28 -5.39 | 10.56 13 | 23 Average
    Return data last Updated On : May 20, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Tata Business Cycle Fund NAV Regular Growth Tata Business Cycle Fund NAV Direct Growth
    20-05-2026 18.478 19.9295
    19-05-2026 18.4372 19.8848
    18-05-2026 18.3826 19.8253
    15-05-2026 18.5511 20.0048
    14-05-2026 18.6736 20.1363
    13-05-2026 18.5111 19.9603
    12-05-2026 18.3765 19.8144
    11-05-2026 18.8085 20.2796
    08-05-2026 18.9743 20.4562
    07-05-2026 19.0125 20.4966
    06-05-2026 18.8761 20.3489
    05-05-2026 18.6287 20.0815
    04-05-2026 18.6621 20.1168
    30-04-2026 18.379 19.8088
    29-04-2026 18.5832 20.0281
    28-04-2026 18.5428 19.9839
    27-04-2026 18.5872 20.0311
    24-04-2026 18.3862 19.8124
    23-04-2026 18.4795 19.9122
    22-04-2026 18.6703 20.1171
    21-04-2026 18.6257 20.0684
    20-04-2026 18.4799 19.9106

    Fund Launch Date: 08/Nov/2021
    Fund Category: Sectoral/ Thematic
    Investment Objective: To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
    Fund Description: An open-ended equity scheme following business cycles based investing theme.
    Fund Benchmark: Nifty 500 Total Returns Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.