TATA BUSINESS CYCLE FUND

Tata Mutual FundThematicPortfolio as of 31 July 2026

TATA BUSINESS CYCLE FUND holds 57 instruments (97.91% equity), led by Reliance Industries Limited (4.85%), Metropolis Healthcare Limited (4.52%) and Axis Bank Limited (3.63%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings
57
Equity Allocation
97.91%
AMC
Tata Mutual Fund
Category
Thematic

This page shows the complete disclosed portfolio of TATA BUSINESS CYCLE FUND, managed by Tata Mutual Fund, based on its monthly portfolio disclosure dated 31 July 2026. The fund holds 57 instruments with an equity allocation of 97.91%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

TATA BUSINESS CYCLE FUND's top 10 holdings account for 34.3% of its portfolio, more diversified than the Thematic category average of 50.4%. Financial Services is its largest sector exposure at 29.19% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 3 positions, with Adani Power Limited seeing the largest move (-0.79pp to 0.91%).

Top 10 Equity Holdings

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry3 exits10 increased7 reduced

Biggest Weight Increases

StockWeightChange
HDFC Bank Limited3.09% → 3.61%▲ +0.52
Ratnamani Metals & Tubes Limited1.47% → 1.91%▲ +0.44
Vedanta Aluminium Metal Limited1.5% → 1.9%▲ +0.4
Nuvoco Vistas Corporation Limited1.27% → 1.65%▲ +0.38
Godrej Properties Limited2.17% → 2.48%▲ +0.31
Adani Energy Solutions Limited2.4% → 2.69%▲ +0.29
Metropolis Healthcare Limited4.23% → 4.52%▲ +0.29
One 97 Communications Limited1.35% → 1.61%▲ +0.26
Dr. Lal Path Labs Ltd.1.45% → 1.7%▲ +0.25
Bajaj Finserv Limited1.4% → 1.62%▲ +0.22

Biggest Weight Reductions

StockWeightChange
Adani Power Limited1.7% → 0.91%▼ -0.79
Bank of Baroda1.81% → 1.36%▼ -0.45
Larsen & Toubro Limited3.14% → 2.8%▼ -0.34
Emmvee Photovoltaic Power Limited1.42% → 1.09%▼ -0.33
Axis Bank Limited3.92% → 3.63%▼ -0.29
Varun Beverages Limited1.87% → 1.65%▼ -0.22
SEDEMAC Mechatronics Limited1.79% → 1.68%▼ -0.11

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

Feb: 6.19%, Mar: 7.08%, Apr: 5.29%, May: 4.82%, Jun: 4.73%, Jul: 4.85%
4.85%
Feb: 3.69%, Mar: 3.83%, Apr: 3.77%, May: 4.33%, Jun: 4.23%, Jul: 4.52%
4.52%
Feb: 4%, Mar: 3.82%, Apr: 3.74%, May: 3.74%, Jun: 3.92%, Jul: 3.63%
3.63%
Feb: 4.78%, Mar: 4.49%, Apr: 4.25%, May: 3.07%, Jun: 3.09%, Jul: 3.61%
3.61%
Feb: 4.59%, Mar: 4.67%, Apr: 3.87%, May: 3.76%, Jun: 3.31%, Jul: 3.49%
3.49%

Full Portfolio (57 holdings)

#HoldingSector% to NAV
1Reliance Industries LimitedEnergy4.85%
2Metropolis Healthcare LimitedHealthcare4.52%
3Axis Bank LimitedFinancial Services3.63%
4HDFC Bank LimitedFinancial Services3.61%
5JINDAL STEEL LIMITEDMaterials3.49%
6L&T Finance LimitedFinancial Services3.07%
7Delhivery LimitedServices3%
8Larsen & Toubro LimitedIndustrials2.8%
9Adani Energy Solutions LimitedUtilities2.69%
10PB Fintech LimitedFinancial Services2.64%
11Ambuja Cements LimitedMaterials2.56%
12Cummins India LimitedIndustrials2.54%
13Godrej Properties LimitedReal Estate2.48%
14Niva Bupa Health Insurance Company LimitedFinancial Services2.3%
15Shriram Finance LimitedFinancial Services2.3%
16Marico LimitedConsumer Staples2.12%
17Oil & Natural Gas Corporation LimitedEnergy2.02%
18CASH / NET CURRENT ASSETother2.01%
19Tata Steel LimitedMaterials1.91%
20Ratnamani Metals & Tubes LimitedIndustrials1.91%
21Vedanta Aluminium Metal LimitedDiversified1.9%
22Apollo Hospitals Enterprise LimitedHealthcare1.87%
23The Ramco Cements LimitedMaterials1.78%
24Dr. Lal Path Labs Ltd.Healthcare1.7%
25GlaxoSmithKline Pharmaceuticals LimitedHealthcare1.69%
26SEDEMAC Mechatronics LimitedConsumer Discretionary1.68%
27Nuvoco Vistas Corporation LimitedMaterials1.65%
28Varun Beverages LimitedConsumer Staples1.65%
29Bajaj Finserv LimitedFinancial Services1.62%
30One 97 Communications LimitedFinancial Services1.61%
31Adani Ports and Special Economic Zone LimitedServices1.6%
32Acme Solar Holdings LimitedUtilities1.46%
33Bharat Forge LimitedConsumer Discretionary1.44%
34ICICI Lombard General Insurance Company LimitedFinancial Services1.41%
35Bank of BarodaFinancial Services1.36%
36HDFC Life Insurance Company LimitedFinancial Services1.34%
37DCB Bank LimitedFinancial Services1.17%
38360 ONE WAM LIMITEDFinancial Services1.16%
39Five-Star Business Finance LimitedFinancial Services1.14%
40Graphite India LimitedIndustrials1.12%
41Bayer Cropscience LimitedMaterials1.09%
42Gravita India LimitedMaterials1.09%
43Emmvee Photovoltaic Power LimitedIndustrials1.09%
44LOHIA CORP LTDIndustrials1.05%
45Dixon Technologies (India) LimitedConsumer Discretionary1.04%
46SHREE CEMENT LIMITEDMaterials1.03%
47NHPC LimitedUtilities1.02%
48Dabur India LimitedConsumer Staples1%
49Hindustan Unilever LimitedConsumer Staples1%
50Adani Power LimitedUtilities0.91%
51ITC LimitedConsumer Staples0.91%
52Bharat Heavy Electricals LimitedIndustrials0.85%
53SBI Cards and Payment Services LimitedFinancial Services0.83%
54DEE Development Engineers LimitedIndustrials0.2%
55I) REPOtreps0.08%
56Kwality Wall's (India) LimitedConsumer Staples0.01%
57Tata Nifty India Digital Exchange Traded Fundmf0%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, Reliance Industries Limited is 4.85% of TATA BUSINESS CYCLE FUND's net assets — its number 1 holding.
Yes. As of its 31 July 2026 disclosure, Metropolis Healthcare Limited is 4.52% of TATA BUSINESS CYCLE FUND's net assets — its number 2 holding.
Yes. As of its 31 July 2026 disclosure, Axis Bank Limited is 3.63% of TATA BUSINESS CYCLE FUND's net assets — its number 3 holding.
Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 3.61% of TATA BUSINESS CYCLE FUND's net assets — its number 4 holding.
Yes. As of its 31 July 2026 disclosure, JINDAL STEEL LIMITED is 3.49% of TATA BUSINESS CYCLE FUND's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: Tata Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.