ICICI Prudential Business Cycle Fund Direct Growth

ICICI Prudential Business Cycle Fund Direct Growth

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Equity
Direct
Equity - Other
NAV: ₹ 22.5 as on 17-05-2024

About the Fund

ICICI Prudential Business Cycle Fund Direct Growth is an equity fund. This fund was started on 18 January, 2021. The fund is managed by Manish Banthia, Lalit Kumar, Anish Tawakley. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Business Cycle Fund Direct Growth has ₹8227 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.
Fund Performance
zero opening, trading, fund transfer fee
1496 people have invested ₹ 3.4Cr in ICICI Prudential Business Cycle Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.77%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹8227 Cr
Inception Date
Inception Date
18 January, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
56.53%

ICICI Prudential Business Cycle Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 89.5%

  • Debt & Cash 10.5%

Size breakup

Large cap
70.4%
Mid cap
14.4%
Small cap
4.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
28.1%
Industrial
17.1%
Consumer Cyclical
13.9%
Energy
8.7%
Basic Materials
8.5%
Health
7.9%
Communication
5.9%
Utilities
5%
Real Estate
3.3%
Consumer Defensive
1%
Tech
0.6%

Top Holdings of ICICI Prudential Business Cycle Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings60
Debt Holdings4

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
2.44%
3.28%
4.37%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 2.44% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 0.02% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 8.2K Cr
₹ 7.8K Cr
₹ 7.4K Cr
  • AUM of the fund stands at 8.2K Cr as of Apr'24
  • AUM increased by 438.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

INDmoney Rank

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Pros

Larger AUM within category

Cons

No bad points found for this fund.

Fund Manager

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021
Lalit Kumar
Lalit Kumar
Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021
Anish Tawakley
Anish Tawakley
Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021

ICICI Prudential Business Cycle Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 27.61% since inception which is more than its category average return of 23.8%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.46% in Equity, 0% in Debt and 10.54% in Cash related instruments
AUM size ₹8227 Cr

AUM size ₹8227 Cr

This fund has AUM of ₹8227 Cr which is more than its category average of ₹ 1861 Cr
Expense Ratio 0.77%

Expense Ratio 0.77%

This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.3%

Frequently Asked Questions

The current NAV of ICICI Prudential Business Cycle Fund Direct Growth is ₹22.5 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
ICICI Prudential Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.6%
4.6%
6 Month Returns
29.16%
29.16%
1 Year Returns
52.75%
52.75%
3 Years Returns
103.44%
26.71%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.77% as on April 2024
₹8227 Cr as on April 2024
ICICI Bank Ltd(8.46%), Larsen & Toubro Ltd(7%), UltraTech Cement Ltd(5.48%), Maruti Suzuki India Ltd(5.33%), Reliance Industries Ltd(4.99%) as on April 2024
Financial Services(25.11%), Industrial(15.29%), Consumer Cyclical(12.42%) as on April 2024
The alpha ratio for the ICICI Prudential Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Business Cycle Fund Direct Growth
12.47
8.09
-
As on April 2024
The alpha for ICICI Prudential Business Cycle Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Business Cycle Fund Direct Growth
0.92
0.83
-
As on April 2024
The Beta for ICICI Prudential Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential Business Cycle Fund Direct Growth
3.48
1.64
-
As on April 2024
The sharpe ratio for ICICI Prudential Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential Business Cycle Fund Direct Growth
10.74
12.16
-
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.5 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.22 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Manish Banthia, Lalit Kumar, Anish Tawakley are the fund managers of ICICI Prudential Business Cycle Fund Direct Growth
The Exit load of ICICI Prudential Business Cycle Fund Direct Growth is 1%