MF Gyan
sectorHigh risk3 years oldAccelerating recently (last 6m ≈ 30% p.a.)

quant Business Cycle Fund - Direct Plan - IDCW Option

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From quant Mutual Fund. It's been running since 31 May 2023.

Latest price per unit
₹17.317
▲ 0.17% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.10 L
▲ ₹9.7k gain · 9.7% / year
Invested 3 years ago
₹1.44 L
▲ ₹43.7k gain · 12.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.95 L
Gain / loss+₹14.6k
XIRR (annualised)5.38%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.96 L
Projected gain*+₹15.7k
*at this fund's historical rate of 5.38% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 363 other funds in Equity Scheme - Sectoral/ Thematic

Same plan
1-year return
9.71%median 6.47% (+3.24%)
Rank #126 of 364Beats 62% of peers
3-year return
12.83%median 13.63% (-0.80%)
Rank #117 of 364Beats 46% of peers
Bumpiness (3Y)
18.04%median 15.55% (+2.50%)
Rank #296 of 364Less risky than 19% of peers
Worst-ever drop
-29.25%median -25.20% (-4.05%)
Rank #151 of 364Less risky than 59% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 4 years were positive.

+41%
2023
+21%
2024
-6%
2025
+6%
2026
Best year
2023 · 41.45%
Worst year
2025 · -5.68%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
18.0%

The value swings roughly 18% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-29.25%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of quant Business Cycle Fund - Direct Plan - IDCW Option against other sector funds.

Technical details (for the pros)
CAGR — 1 year9.71%
CAGR — 3 years12.83%
CAGR — 5 years—
CAGR — since launch18.29%
Volatility — 1 year (annualised)16.46%
Volatility — 3 years (annualised)18.04%
Max drawdown — 1 year-16.66%
Max drawdown — 3 years-29.25%
Sharpe ratio — 1 year (rf=6%)0.21
Sharpe ratio — 3 years (rf=6%)0.35

Fund info

Fund house
quant Mutual Fund
Category
Equity Scheme - Sectoral/ Thematic
Plan
Direct
Option
IDCW
ISIN (Growth)
INF966L01BS0
ISIN (Div re-invest)
INF966L01BT8
Fund code
151759
First price on record
31 May 2023 · 805 daily prices

About quant Business Cycle Fund - Direct Plan - IDCW Option

quant Business Cycle Fund - Direct Plan - IDCW Option is a Equity Scheme - Sectoral/ Thematic offered by quant Mutual Fund under the Direct plan with the IDCW option. It has approximately 3 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

The current NAV of quant Business Cycle Fund - Direct Plan - IDCW Option is ₹17.3170 (as of 4 Sep 2026). Historically, it has delivered 9.71% over the last year, 12.83% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 18.0% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 29.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of quant Business Cycle Fund - Direct Plan - IDCW Option?+

The latest NAV of quant Business Cycle Fund - Direct Plan - IDCW Option is ₹17.3170 as of 4 Sep 2026, up 0.17% from the previous day. NAV is updated once a business day after the market close.

What are the returns of quant Business Cycle Fund - Direct Plan - IDCW Option?+

quant Business Cycle Fund - Direct Plan - IDCW Option has delivered 1-year return 9.71%, 3-year CAGR 12.83%, since-inception CAGR 18.29%. Returns are historical and don't predict future performance — markets move in cycles.

What category does quant Business Cycle Fund - Direct Plan - IDCW Option belong to?+

quant Business Cycle Fund - Direct Plan - IDCW Option is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.

How risky is quant Business Cycle Fund - Direct Plan - IDCW Option?+

Based on its 3-year annualised volatility of 18.0%, quant Business Cycle Fund - Direct Plan - IDCW Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is quant Business Cycle Fund - Direct Plan - IDCW Option a direct plan?+

quant Business Cycle Fund - Direct Plan - IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is quant Business Cycle Fund - Direct Plan - IDCW Option?+

quant Business Cycle Fund - Direct Plan - IDCW Option has NAV history available from 31 May 2023 — approximately 3 years of track record and 805 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.