Loading…
Sectoral / Thematic · Sundaram Mutual Fund · AMFI code 152673Sundaram Business Cycle Fund
Disclosed for 12 months, Sep 2024 to Sep 2026.
Portfolio value
₹1,716 Cr
down ₹24.1 Cr vs Aug 2026
- Stocks held
- 36
- up 2 vs Aug 2026
- Top 10 weight
- 36.7%
- of the portfolio in its ten largest
- Cash & debt
- 2.9%
- cash, money market and debt
- Moves this month
- 2 in · 0 out
- added to 6, trimmed 28
Sundaram Business Cycle Fund is an active equity fund in the Sectoral / Thematic category from Sundaram Mutual Fund. In September 2026 it disclosed 36 stocks worth ₹1,716 Cr, down ₹24.1 Cr from Aug 2026. Its largest positions were Radico Khaitan Limited (4.2%), Eternal Limited (4.0%), MTAR Technologies Limited (3.8%); the ten largest together made up 36.7% of the portfolio, and Industrial Products was the biggest sector at 10.9% of its equity. Cash and debt stood at 2.9%. Compared with Aug 2026 the fund entered 2 new stocks and exited 0.
Against 226 other Sectoral / Thematic funds
Concentration
22%
Top-10 weight is higher than 22% of peers
Breadth
31%
Holds more stocks than 31% of peers
Cash
42%
Holds more cash than 42% of peers
Holdings in September 2026
Download CSVEvery line the fund disclosed, with the change against Aug 2026. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 4.20%
- Δ weight
- down 1.05 pts
- Value
- ₹72.1 Cr
- Δ value
- down ₹19.3 Cr
- Status
- Trimmed
- Weight
- 4.00%
- Δ weight
- down 0.83 pts
- Value
- ₹68.6 Cr
- Δ value
- down ₹15.5 Cr
- Status
- Trimmed
- Weight
- 3.80%
- Δ weight
- down 0.06 pts
- Value
- ₹65.3 Cr
- Δ value
- down ₹2 Cr
- Status
- Trimmed
- Weight
- 3.78%
- Δ weight
- down 0.43 pts
- Value
- ₹65 Cr
- Δ value
- down ₹8.3 Cr
- Status
- Trimmed
- Weight
- 3.78%
- Δ weight
- up 0.94 pts
- Value
- ₹64.9 Cr
- Δ value
- up ₹15.4 Cr
- Status
- Added
- Weight
- 3.61%
- Δ weight
- down 0.13 pts
- Value
- ₹61.9 Cr
- Δ value
- down ₹3.1 Cr
- Status
- Trimmed
- Shriram Transport Finance Company LimitedShriram Finance Limited · history in this fund
- Weight
- 3.48%
- Δ weight
- down 0.40 pts
- Value
- ₹59.7 Cr
- Δ value
- down ₹7.7 Cr
- Status
- Trimmed
- Weight
- 3.39%
- Δ weight
- down 0.26 pts
- Value
- ₹58.1 Cr
- Δ value
- down ₹5.4 Cr
- Status
- Trimmed
- Weight
- 3.34%
- Δ weight
- up 0.34 pts
- Value
- ₹57.3 Cr
- Δ value
- up ₹5.1 Cr
- Status
- Added
- Weight
- 3.32%
- Δ weight
- up 0.08 pts
- Value
- ₹57 Cr
- Δ value
- up ₹54 L
- Status
- Added
- Weight
- 3.18%
- Δ weight
- down 0.23 pts
- Value
- ₹54.5 Cr
- Δ value
- down ₹4.7 Cr
- Status
- Trimmed
- Weight
- 3.14%
- Δ weight
- up 0.15 pts
- Value
- ₹54 Cr
- Δ value
- up ₹1.8 Cr
- Status
- Added
- Weight
- 3.11%
- Δ weight
- down 0.51 pts
- Value
- ₹53.4 Cr
- Δ value
- down ₹9.6 Cr
- Status
- Trimmed
- Weight
- 3.04%
- Δ weight
- up 3.04 pts
- Value
- ₹52.2 Cr
- Δ value
- up ₹52.2 Cr
- Status
- New
- Weight
- 2.99%
- Δ weight
- down 0.29 pts
- Value
- ₹51.2 Cr
- Δ value
- down ₹5.8 Cr
- Status
- Trimmed
- Weight
- 2.95%
- Δ weight
- down 0.03 pts
- Value
- ₹50.6 Cr
- Δ value
- down ₹1.2 Cr
- Status
- Trimmed
- Cash, TREPS & receivables
- Weight
- 2.92%
- Δ weight
- up 2.92 pts
- Value
- ₹50.1 Cr
- Δ value
- up ₹50.1 Cr
- Status
- New
- Weight
- 2.82%
- Δ weight
- down 0.06 pts
- Value
- ₹48.4 Cr
- Δ value
- down ₹1.7 Cr
- Status
- Trimmed
- Weight
- 2.81%
- Δ weight
- down 0.45 pts
- Value
- ₹48.3 Cr
- Δ value
- down ₹8.5 Cr
- Status
- Trimmed
- Weight
- 2.81%
- Δ weight
- up 0.65 pts
- Value
- ₹48.3 Cr
- Δ value
- up ₹10.6 Cr
- Status
- Added
- Weight
- 2.81%
- Δ weight
- down 0.12 pts
- Value
- ₹48.2 Cr
- Δ value
- down ₹2.8 Cr
- Status
- Trimmed
- Weight
- 2.76%
- Δ weight
- down 0.06 pts
- Value
- ₹47.3 Cr
- Δ value
- down ₹1.7 Cr
- Status
- Trimmed
- Weight
- 2.72%
- Δ weight
- down 0.22 pts
- Value
- ₹46.7 Cr
- Δ value
- down ₹4.5 Cr
- Status
- Trimmed
- Weight
- 2.60%
- Δ weight
- up 2.60 pts
- Value
- ₹44.6 Cr
- Δ value
- up ₹44.6 Cr
- Status
- New
- Weight
- 2.60%
- Δ weight
- down 0.11 pts
- Value
- ₹44.6 Cr
- Δ value
- down ₹2.6 Cr
- Status
- Trimmed
- Weight
- 2.28%
- Δ weight
- down 0.20 pts
- Value
- ₹39.1 Cr
- Δ value
- down ₹4 Cr
- Status
- Trimmed
- Weight
- 2.27%
- Δ weight
- down 0.19 pts
- Value
- ₹38.9 Cr
- Δ value
- down ₹3.9 Cr
- Status
- Trimmed
- Weight
- 2.24%
- Δ weight
- down 0.20 pts
- Value
- ₹38.4 Cr
- Δ value
- down ₹4 Cr
- Status
- Trimmed
- Weight
- 2.22%
- Δ weight
- down 0.06 pts
- Value
- ₹38.1 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 2.18%
- Δ weight
- down 0.09 pts
- Value
- ₹37.5 Cr
- Δ value
- down ₹2 Cr
- Status
- Trimmed
- Weight
- 2.14%
- Δ weight
- down 0.27 pts
- Value
- ₹36.7 Cr
- Δ value
- down ₹5.2 Cr
- Status
- Trimmed
- Weight
- 1.90%
- Δ weight
- up 0.07 pts
- Value
- ₹32.6 Cr
- Δ value
- up ₹69 L
- Status
- Added
- Weight
- 1.83%
- Δ weight
- down 0.32 pts
- Value
- ₹31.5 Cr
- Δ value
- down ₹6.1 Cr
- Status
- Trimmed
- Weight
- 1.63%
- Δ weight
- down 0.16 pts
- Value
- ₹28 Cr
- Δ value
- down ₹3.2 Cr
- Status
- Trimmed
- Weight
- 0.98%
- Δ weight
- down 0.11 pts
- Value
- ₹16.7 Cr
- Δ value
- down ₹2.1 Cr
- Status
- Trimmed
- Weight
- 0.34%
- Δ weight
- down 3.95 pts
- Value
- ₹5.9 Cr
- Δ value
- down ₹68.8 Cr
- Status
- Trimmed
- Weight
- 0.03%
- Δ weight
- down <0.01 pts
- Value
- ₹56 L
- Δ value
- down ₹3 L
- Status
- Trimmed
What changed, Aug 2026 to Sep 2026
New New positions (2)
- Thermax Limited3.0% · ₹52.2 Cr
- Finolex Cables Limited2.6% · ₹44.6 Cr
Exited Exited (0)
None.
Added Biggest additions
- One 97 Communications Limitedup ₹15.4 Cr (+0.94% pts)
- Coforge Limitedup ₹10.6 Cr (+0.65% pts)
- Kirloskar Oil Engines Limitedup ₹5.1 Cr (+0.34% pts)
- Lenskart Solutions Limited
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Aug 2026, the weight rose most in Electrical Equipment (+2.8 pts) and Industrial Products (+2.5 pts), and fell most in Financial Technology (fintech) (−2.9 pts) and Beverages (−0.9 pts).
- Electrical Equipment7.1% → 9.9%+2.8 pts
- Industrial Products8.4% → 10.9%+2.5 pts
- IT - Software8.2% → 8.4%+0.2 pts
- Entertainment1.8% → 2.0%+0.1 pts
- Financial Technology (fintech)7.1% → 4.2%−2.9 pts
- Beverages5.2% → 4.3%−0.9 pts
- Retailing11.5% → 10.8%−0.6 pts
- Capital Markets5.3% → 5.0%−0.3 pts
- Finance9.0% → 8.8%−0.3 pts
- Transport Services7.0% → 6.8%−0.2 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Sep 2025 | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Industrial Products | 5.4% | 5.5% | 10.1% | 8.4% | 10.9% |
| Retailing | 11.3% | 10.3% | 7.7% | 11.5% | 10.8% |
| Electrical Equipment | — | 0.1% | 3.4% | 7.1% | 9.9% |
| Finance | — | 5.7% | 10.5% | 9.0% | 8.8% |
| IT - Software | 2.9% | 2.3% | 10.6% | 8.2% | 8.4% |
| Transport Services | 2.3% | 5.8% | 7.8% | 7.0% | 6.8% |
| Auto Components | 8.2% | 7.8% | 2.4% | 5.7% | 5.8% |
| Capital Markets | 3.1% | 1.9% | 7.9% | 5.3% | 5.0% |
| Beverages | 4.3% | 2.6% | 5.0% | 5.2% | 4.3% |
| Financial Technology (fintech) | 2.1% | 2.8% | 3.2% | 7.1% | 4.2% |
Allocation in Sep 2026change vs Aug 2026
- Industrial Products (4)10.9%▲ 2.5 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Sep 2026
2.9%
▲ 2.9 pts vs Aug 2026
- Cash alone
- 2.9%
- cash and net receivables
- A year earlier
- 7.4%
- Sep 2025 · now ▼ 4.4 pts
- Last 12 months
- 0.0% – 5.8%
- lowest to highest · record 16.7% in Mar 2025
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.