What is the hurdle rate of Business Cycle Fund?

The hurdle rate of Business Cycle Fund is 8.00% or 7.00%.

What is the fixed fee charged in Business Cycle Fund ?

The fixed fee charged in Business Cycle Fund is 2.50% or 0.75% or 0.25%.

What is the variable fee charged in Business Cycle Fund ?

There is no option for Variable fee.

What is the profit sharing in Business Cycle Fund ?

The profit sharing in Business Cycle Fund is 25% Profit Sharing above 7% Hurdle or 20% Profit Sharing above 8% Hurdle.

What is the minimum investment in Business Cycle Fund ?

The minimum investment in Business Cycle Fund is ₹50 Lacs

What type of scheme is Business Cycle Fund?

Business Cycle Fund is an Equity scheme. It falls in the MULTI CAP AND FLEXI CAP category.

What is the inception date of Business Cycle Fund?

The inception date of Business Cycle Fund is Nov 10, 2023.

Business Cycle Fund

Ckredence Wealth Management Pvt Ltd
MULTI CAP AND FLEXI CAP

21
Out of 230*
Compare
Share

Portfolio age1 year, 8 months

4.61%

3.37%

Hurdle Rate**8.00% or 7.00%

Fixed fee2.50% or 0.75% or 0.25%

Min. Investment₹50 Lacs

*Ranking of the scheme in the peer group is based on its return for the longest period available

**Minimum return that a PMS scheme must generate before an investor starts paying performance fees

TRAILING PERFORMANCE

(As on 30/06/2025)

Compare the performance of the PMS scheme against benchmark across different time periods.

DETAILED PORTFOLIO

EQUITY (Undisclosed)

CASH AND EQUIVALENT (2.01%)

Allocation by Market Cap

Small Cap (49.04%)

Mid Cap (12.24%)

Large Cap (36.71%)

Sector Holdings

Healthcare21.43%
Financial Services17.73%
Consumer Durables10.14%
Chemicals9.34%
Capital Goods8.21%

Stock Holdings

Undisclosed

PORTFOLIO MANAGERS

Kartik Bhaskerray Mehta

Manager Rank Out of 164
i
Rank is based on 3-year return
Schemes Managed4
Total AUMUndisclosed
Highest Return In 1 Yr14.09%

Profile

Mr Kartik Bhaskerray Mehta is the FUND MANAGER of Portfolio Management Services and has joined the Ckredence team two years ago. Armed with an MBA in Finance from the Indian Institute of Finance, Delhi, and with 17 years of experience in Finance and Equity Management, he has a strong belief in balancing top-down and bottom-up approaches and never compromising on risk, which has helped generate excellent returns for our investors.. Having worked with various esteemed institutions like IDFC Asset Management Ltd., Canara Robeco Asset Management Ltd., Mr. Kartik is the ideal person to manage a client portfolio and create comprehensive investment strategies.

Other Schemes

1m 3m 6m 1y 3y 5y

table
Grid

Compare

ICE Growth

AUM (₹ Cr)

UNDISC.

Hurdle Rate

8.00% or 7.00%

Benchmark

S&P BSE 500 TRI

Category

MULTI CAP AND FLEXI CAP

Category Rank

21 Out of 250

Fixed Fee

2.50% or 0.75% or 0.25%

Scheme Return

6.02%

Benchmark Return

3.68%

Business Cycle Fund

AUM (₹ Cr)

UNDISC.

Hurdle Rate

8.00% or 7.00%

Benchmark

Nifty 50 TRI

Category

MULTI CAP AND FLEXI CAP

Category Rank

63 Out of 250

Fixed Fee

2.50% or 0.75% or 0.25%

Scheme Return

4.61%

Benchmark Return

3.37%

Ckredence Wealth - Diversified Fund

AUM (₹ Cr)

UNDISC.

Hurdle Rate

8.00% or 7.00%

Benchmark

S&P BSE 500 TRI

Category

MULTI CAP AND FLEXI CAP

Category Rank

108 Out of 250

Fixed Fee

2.50% or 0.75% or 0.25%

Scheme Return

4.01%

Benchmark Return

3.68%

Ckredence Wealth - All Weather Fund

AUM (₹ Cr)

UNDISC.

Hurdle Rate

8.00% or 7.00%

Benchmark

S&P BSE 500 TRI

Category

MULTI CAP AND FLEXI CAP

Category Rank

113 Out of 250

Fixed Fee

2.50% or 0.75% or 0.25%

Scheme Return

3.97%

Benchmark Return

3.68%

*Returns less than and equal to 1 year are absolute and returns above one year are annualized

FUND SUMMARY

AUM (₹ Cr)

UNDISC.

(As on Jun, 2025)

Inception Date

Nov 10, 2023

Min. Investment

₹50 Lacs

SIP Option

Not Available

STP Option

Not Available

Exit Load

Exit load is 0%

Reporting Structure

TWRR Pooled

Time Weighted Rate of Return

FEE STRUCTURE

Fixed Fee

2.50% or 0.75% or 0.25%

Variable Fee

No Option

Hurdle Rate

8.00% or 7.00%

Profit Sharing

25% Profit Sharing above 7% Hurdle or 20% Profit Sharing above 8% Hurdle

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INVESTMENT PHILOSOPHY

Objective

Business Cycle Fund intends to invest with the objective of generating long-term wealth by identifying and investing in sectors and companies that are at the cusp of the growth cycle. The focus will be to invest in a calibrated manner in a few sectors across market capitalization with the aim of benefiting from business cycle revival. The proposed portfolio would normally invest in 30-35 stocks.

Investment Approach

To identify businesses that, after facing temporary headwinds, have started witnessing a turnaround and have good growth potential and scalability with favorable industry dynamics. The focus will remain on high standards of corporate governance, balance sheet comfort, along with reasonable valuations.