HDFC Mutual Fund

HDFC Business cycle fund

By Rajendra

Nov 13, 2022

New Fund Offer

Category 

Thematic

Benchmark

Nifty 500

Scribbled Arrow

Fund Manager

Rahul Baijal & Priya Ranjan

Thick Brush Stroke

HDFC Business Cycle Fund

NFO Period

11 Nov - 25 Nov 2022

Journey of business across 4 phases of business cycle- Expansion, peak, contraction, Through

Image Credit - Unsplash

Estimating positioning of various business cycles & their trajectory can be done with higher confidence vs the general economic cycle

Image Credit - Unsplash

Estimating positioning of various business cycles & their trajectory can be done with higher confidence vs the general economic cycle

Image Credit - Unsplash

When businesses are in upcycle, get dual benefit of earnings growth and improvement in valuation multiples

Image Credit - Unsplash

Investment Strategy

Blend of top down and bottom up approach

Image Credit - Unsplash

Investment Strategy

Core of portfolio (>80%) would be companies likely on the cusp /midst of favourable business cycle

Image Credit - Unsplash

Investment Strategy

Adequate diversification (across sectors / sub sectors / market cap)

Image Credit - Unsplash

Risk management

A product suitable for buy and hold / SIP for long term Investment horizon of 3 or more years

Image Credit - Unsplash