Edelweiss Business Cycle Fund
Edelweiss Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The portfolio maintains a pronounced cyclical tilt toward financials and banks, positioning for economic resilience and credit growth. The manager added NMDC while trimming Union Bank, signalling selective conviction in commodity-linked recovery plays over broader banking exposure. Modest cash elevation and T-bill presence suggest cautious opportunism amid market volatility.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹8.9121 | — | — | — | — | — | — |
| Regular Growth | ₹8.6585 | -0.12% | -3.17% | -3.18% | +1.32% | — | — |
| Direct IDCW | ₹8.9121 | — | — | — | — | — | — |
| Regular IDCW | ₹8.6585 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
70
Top 5 Weight
17.08%
Top 10 Weight
30.60%
Active Share
—
Large Cap
42.43%
Gini
0.303
What Changed2026-03-31 → 2026-04-30
Holdings: 73 → 72+2 added−3 removed20 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| NMDC Ltd. | 0.90% |
| 364 DAYS TBILL RED 16-07-2026 | 0.33% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | AU Small Finance Bank Ltd. INE949L01017 | 4.04% |
| 2 | Muthoot Finance Ltd. INE414G01012 | 3.36% |
| 3 | GE Vernova T&D India Limited INE200A01026 | 3.28% |
| 4 | Indian Bank INE562A01011 | 3.26% |
| 5 | Glenmark Pharmaceuticals Ltd. INE935A01035 | 3.14% |
| 6 | State Bank of India INE062A01020 | 3.07% |
| 7 | Canara Bank INE476A01022 | 2.99% |
| 8 | Multi Commodity Exchange Of India Ltd. INE745G01043 | 2.57% |
| 9 | Bharat Electronics Ltd. INE263A01024 | 2.48% |
| 10 | Clearing Corporation of India Ltd. | 2.41% |
| 11 | Hindalco Industries Ltd. INE038A01020 | 2.39% |
| 12 | Union Bank of India26/05/2026 | 2.34%(der) |
| 13 | Laurus Labs Ltd. INE947Q01028 | 2.20% |
| 14 | Ashok Leyland Ltd. INE208A01029 | 2.17% |
| 15 | Eicher Motors Ltd. INE066A01021 | 2.09% |
| 16 | Oil & Natural Gas Corporation Ltd. INE213A01029 | 2.08% |
| 17 | The Federal Bank Ltd. INE171A01029 | 1.94% |
| 18 | BSE Ltd. INE118H01025 | 1.81% |
| 19 | APL Apollo Tubes Ltd. INE702C01027 | 1.81% |
| 20 | Bharti Airtel Ltd. INE397D01024 | 1.71% |
Sector Allocation
Banks20.4%
Finance11.4%
Pharmaceuticals & Biotechnology9.9%
Automobiles6.3%
Capital Markets4.4%
Petroleum Products3.9%
Non - Ferrous Metals3.7%
Insurance3.5%
Electrical Equipment3.3%
Oil3.0%
Top 10 sectors by % to NAV. Excludes derivatives.