Edelweiss Business Cycle Fund
Monthly portfolio · 24 months through Aug-2026
compared to Jul-2026 · as on AUGUST 31, 2026
Holdings
76
Scheme AUM
₹1,463 cr
New
16
Exited
7
Increased
11
Reduced
24
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Reduced | Cummins India Ltd. INE298A01020 | Industrial Products | 85,000 | -10,559 | 2.97% | -0.67pp | ₹43.39 cr |
| Reduced | Laurus Labs Ltd. INE947Q01028 | Pharmaceuticals & Biotechnology | 2,20,000 | -1,14,248 | 2.88% | -1.31pp | ₹42.13 cr |
| Increased | ICICI Bank Ltd. INE090A01021 | Banks | 2,79,378 | +1,00,378 | 2.78% | +1.01pp | ₹40.62 cr |
| Increased | The Federal Bank Ltd. INE171A01029 | Banks | 10,90,802 | +1,46,486 | 2.66% | +0.32pp | ₹38.91 cr |
| Increased | Grasim Industries Ltd. INE047A01021 | Cement & Cement Products | 1,10,803 | +24,925 | 2.55% | +0.71pp | ₹37.35 cr |
| Increased | FSN E-Commerce Ventures Ltd. INE388Y01029 | Retailing | 10,65,346 | +2,20,671 | 2.54% | +0.60pp | ₹37.24 cr |
| Increased | Radico Khaitan Ltd. INE944F01028 | Beverages | 81,825 | +32,945 | 2.51% | +1.05pp | ₹36.7 cr |
| — | Muthoot Finance Ltd. INE414G01012 | Finance | 1,11,897 | — | 2.28% | -0.13pp | ₹33.32 cr |
| Reduced | Glenmark Pharmaceuticals Ltd. INE935A01035 | Pharmaceuticals & Biotechnology | 1,30,000 | -49,052 | 2.20% | -0.56pp | ₹32.24 cr |
| Reduced | GE Vernova T&D India Limited INE200A01026 | Electrical Equipment | 70,000 | -20,000 | 2.13% | -0.56pp | ₹31.12 cr |
| — | Avenue Supermarts Ltd. INE192R01011 | Retailing | 73,778 | — | 1.97% | -0.03pp | ₹28.77 cr |
| — | Steel Authority of India Ltd. INE114A01011 | Ferrous Metals | 14,75,000 | — | 1.97% | +0.25pp | ₹28.76 cr |
| — | Ather Energy Ltd. INE0LEZ01016 | Automobiles | 1,66,389 | — | 1.95% | +0.50pp | ₹28.58 cr |
| Reduced | Hindalco Industries Ltd. INE038A01020 | Non - Ferrous Metals | 2,80,000 | -20,000 | 1.94% | -0.08pp | ₹28.43 cr |
| — | AU Small Finance Bank Ltd. INE949L01017 | Banks | 2,61,130 | — | 1.94% | +0.05pp | ₹28.36 cr |
| Reduced | Apar Industries Ltd. INE372A01015 | Electrical Equipment | 15,079 | -2,245 | 1.82% | +0.10pp | ₹26.69 cr |
| New | Coforge Ltd. INE591G01025 | IT - Software | 1,29,938 | — | 1.76% | — | ₹25.8 cr |
| New | Persistent Systems Ltd. INE262H01021 | IT - Software | 42,998 | — | 1.64% | — | ₹24.06 cr |
| — | Divi's Laboratories Ltd. INE361B01024 | Pharmaceuticals & Biotechnology | 25,000 | — | 1.62% | +0.23pp | ₹23.67 cr |
| Reduced | Hitachi Energy India Ltd. INE07Y701011 | Electrical Equipment | 7,000 | -2,239 | 1.61% | -0.44pp | ₹23.63 cr |
| Reduced | Polycab India Ltd. INE455K01017 | Industrial Products | 25,000 | -30,000 | 1.61% | -1.85pp | ₹23.61 cr |
| Increased | Bajaj Auto Ltd. INE917I01010 | Automobiles | 18,942 | +3,492 | 1.57% | +0.34pp | ₹22.98 cr |
| — | Oracle Financial Services Software Ltd. INE881D01027 | IT - Software | 17,900 | — | 1.53% | +0.15pp | ₹22.45 cr |
| Reduced | Sun Pharmaceutical Industries Ltd. INE044A01036 | Pharmaceuticals & Biotechnology | 1,10,890 | -58,072 | 1.50% | -0.82pp | ₹22.01 cr |
| Reduced | Fortis Healthcare Ltd. INE061F01013 | Healthcare Services | 2,42,004 | -1,05,445 | 1.50% | -0.77pp | ₹21.95 cr |
| — | Schaeffler India Ltd. INE513A01022 | Auto Components | 54,451 | — | 1.49% | -0.04pp | ₹21.86 cr |
| — | TVS Motor Company Ltd. INE494B01023 | Automobiles | 48,403 | — | 1.44% | — | ₹21.01 cr |
| Increased | Multi Commodity Exchange Of India Ltd. INE745G01043 | Capital Markets | 61,277 | +11,277 | 1.42% | +0.49pp | ₹20.83 cr |
| — | Navin Fluorine International Ltd. INE048G01026 | Chemicals & Petrochemicals | 23,917 | — | 1.42% | +0.17pp | ₹20.75 cr |
| — | INDO-MIM Ltd. INE084101034 | Industrial Manufacturing | 2,16,480 | — | 1.30% | +0.14pp | ₹18.95 cr |
| New | SPR Auto Technologies Ltd. INE526E01018 | Auto Components | 40,887 | — | 1.29% | — | ₹18.85 cr |
| — | Bharat Forge Ltd. INE465A01025 | Auto Components | 86,798 | — | 1.25% | -0.07pp | ₹18.27 cr |
| — | Bharat Heavy Electricals Ltd. INE257A01026 | Electrical Equipment | 4,11,458 | — | 1.24% | +0.08pp | ₹18.21 cr |
| — | Eicher Motors Ltd. INE066A01021 | Automobiles | 22,647 | — | 1.23% | +0.01pp | ₹18.01 cr |
| New | ABB India Ltd. INE117A01022 | Electrical Equipment | 23,473 | — | 1.23% | — | ₹17.93 cr |
| New | Info Edge (India) Ltd. INE663F01032 | Retailing | 1,33,877 | — | 1.20% | — | ₹17.58 cr |
| — | National Aluminium Company Ltd. INE139A01034 | Non - Ferrous Metals | 4,50,000 | — | 1.17% | +0.08pp | ₹17.17 cr |
| New | Dhoot Transmission Ltd. INE01NH01023 | Auto Components | 1,14,818 | — | 1.16% | — | ₹16.93 cr |
| Reduced | Shriram Finance Ltd. INE721A01047 | Finance | 1,50,466 | -49,534 | 1.14% | -0.31pp | ₹16.7 cr |
| New | Titan Company Ltd. INE280A01028 | Consumer Durables | 32,618 | — | 1.14% | — | ₹16.64 cr |
| — | Tata Steel Ltd. INE081A01020 | Ferrous Metals | 9,00,000 | — | 1.13% | -0.05pp | ₹16.59 cr |
| Reduced | Lupin Ltd. INE326A01037 | Pharmaceuticals & Biotechnology | 75,612 | -30,248 | 1.13% | -0.63pp | ₹16.55 cr |
| — | Karur Vysya Bank Ltd. INE036D01028 | Banks | 4,74,930 | — | 1.13% | +0.01pp | ₹16.51 cr |
| Increased | L&T Finance Ltd. INE498L01015 | Finance | 5,09,654 | +5,04,654 | 1.12% | +1.11pp | ₹16.36 cr |
| — | Hero MotoCorp Ltd. INE158A01026 | Automobiles | 30,000 | — | 1.12% | — | ₹16.35 cr |
| — | Indian Bank INE562A01011 | Banks | 1,80,000 | — | 1.11% | +0.07pp | ₹16.18 cr |
| Reduced | Aditya Birla Capital Ltd. INE674K01013 | Finance | 3,80,074 | -1,14,021 | 1.06% | -0.32pp | ₹15.56 cr |
| New | Bajaj Finserv Ltd. INE918I01026 | Finance | 76,739 | — | 1.06% | — | ₹15.51 cr |
| Increased | HCL Technologies Ltd. INE860A01027 | IT - Software | 1,17,907 | +87,907 | 1.06% | +0.78pp | ₹15.47 cr |
| Reduced | NTPC Ltd. INE733E01010 | Power | 4,71,169 | -1,10,448 | 1.05% | -0.34pp | ₹15.43 cr |
| Reduced | Bharat Electronics Ltd. INE263A01024 | Aerospace & Defense | 3,60,000 | -3,90,000 | 1.02% | -0.99pp | ₹14.92 cr |
| — | Reliance Industries Ltd. INE002A01018 | Petroleum Products | 1,16,491 | — | 1.02% | -0.03pp | ₹14.88 cr |
| Reduced | State Bank of India INE062A01020 | Banks | 1,38,393 | -2,51,607 | 1.00% | -1.77pp | ₹14.67 cr |
| New | Torrent Pharmaceuticals Ltd. INE685A01028 | Pharmaceuticals & Biotechnology | 28,469 | — | 0.99% | — | ₹14.42 cr |
| Reduced | Aurobindo Pharma Ltd. INE406A01037 | Pharmaceuticals & Biotechnology | 80,000 | -1,02,167 | 0.94% | -1.05pp | ₹13.74 cr |
| — | Emcure Pharmaceuticals Ltd. INE168P01015 | Pharmaceuticals & Biotechnology | 73,614 | — | 0.93% | -0.07pp | ₹13.66 cr |
| Reduced | Ashok Leyland Ltd. INE208A01029 | Agricultural, Commercial & Construction Vehicles | 7,59,573 | -2,59,853 | 0.91% | -0.26pp | ₹13.34 cr |
| Reduced | JSW Steel Ltd. INE019A01038 | Ferrous Metals | 1,00,000 | -2,916 | 0.89% | -0.01pp | ₹13.08 cr |
| New | Tempsens Instruments (India) Ltd. INE1KZI01025 | Industrial Manufacturing | 2,29,600 | — | 0.88% | — | ₹12.94 cr |
| — | Mazagon Dock Shipbuilders Ltd. INE249Z01020 | Industrial Manufacturing | 52,000 | — | 0.88% | +0.03pp | ₹12.9 cr |
| New | Mahindra & Mahindra Financial Services Ltd INE774D01024 | Finance | 3,29,628 | — | 0.84% | — | ₹12.3 cr |
| Reduced | Marico Ltd. INE196A01026 | Agricultural Food & other Products | 1,48,967 | -73,266 | 0.83% | -0.51pp | ₹12.22 cr |
| New | Alkem Laboratories Ltd. INE540L01014 | Pharmaceuticals & Biotechnology | 22,860 | — | 0.83% | — | ₹12.18 cr |
| New | P N Gadgil Jewellers Ltd. INE953R01016 | Consumer Durables | 2,00,000 | — | 0.80% | — | ₹11.68 cr |
| Reduced | Thermax Ltd. INE152A01029 | Electrical Equipment | 27,169 | -1,831 | 0.72% | -0.14pp | ₹10.6 cr |
| New | Welspun Corp Ltd. INE191B01025 | Industrial Products | 35,985 | — | 0.59% | — | ₹8.6 cr |
| New | Acutaas Chemicals Ltd. INE00FF01025 | Pharmaceuticals & Biotechnology | 25,731 | — | 0.56% | — | ₹8.13 cr |
| Reduced | Aster DM Quality Care Ltd. INE914M01019 | Healthcare Services | 1,00,000 | -1,70,000 | 0.52% | -1.01pp | ₹7.56 cr |
| Increased | Tata Consultancy Services Ltd. INE467B01029 | IT - Software | 29,835 | +9,835 | 0.49% | +0.16pp | ₹7.16 cr |
| Increased | Infosys Ltd. INE009A01021 | IT - Software | 62,559 | +27,559 | 0.48% | +0.21pp | ₹7.09 cr |
| New | Abbott India Ltd. INE358A01014 | Pharmaceuticals & Biotechnology | 2,354 | — | 0.42% | — | ₹6.09 cr |
| — | 182 DAYS TBILL RED 03-09-2026 IN002025Y487 | SOVEREIGN | 5,00,000 | — | 0.34% | — | ₹5 cr |
| Reduced | BSE Ltd. INE118H01025 | Capital Markets | 10,000 | -64,465 | 0.22% | -1.65pp | ₹3.28 cr |
| — | Biocon Ltd. INE376G01013 | Pharmaceuticals & Biotechnology | 9,107 | — | 0.03% | — | ₹0.38 cr |
| — | 6% TVS MOTOR CO LTD NCRPS 01-09-2026 INE494B04019 | CARE A1 + | 4,05,392 | — | 0.03% | — | ₹0.43 cr |
| Reduced | KEI Industries Ltd. INE878B01027 | Industrial Products | 25 | -21,525 | 0.00% | -0.74pp | ₹0.01 cr |
| Exited | Oil & Natural Gas Corporation Ltd. INE213A01029 | Oil | — | -10,41,326 | — | -1.74pp | — |
| Exited | Endurance Technologies Ltd. INE913H01037 | Auto Components | — | -60,353 | — | -1.15pp | — |
| Exited | JSW Energy Ltd. INE121E01018 | Power | — | -2,71,000 | — | -1.04pp | — |
| Exited | NTPC Green Energy Ltd. INE0ONG01011 | Power | — | -15,00,000 | — | -0.93pp | — |
| Exited | Jindal Stainless Ltd. INE220G01021 | Ferrous Metals | — | -1,80,000 | — | -0.91pp | — |
| Exited | PB Fintech Ltd. INE417T01026 | Financial Technology (Fintech) | — | -82,000 | — | -0.91pp | — |
| Exited | NMDC Ltd. INE584A01023 | Minerals & Mining | — | -15,00,000 | — | -0.88pp | — |
Cash & other
| Clearing Corporation of India Ltd. | 0.83% | ₹12.21 cr |
| Accrued Interest | 0.00% | ₹0 cr |
| Net Receivables/(Payables) | 0.49% | ₹6.95 cr |