ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth

ICICI Prudential Business Cycle Fund Direct Growth

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Equity
Direct
Equity - Other

NAV: ₹ 14.6 as on 28-11-2022

Fund Performance
zero opening, trading, fund transfer fee
836 people have invested ₹ 42.8L in mutual fund in the last three months

INDmoney Rank

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Pros
Larger AUM within category
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
This Fund
3.5%
5.6%
16.4%
11.1%
Benchmark
3.2%
3.8%
13.4%
6.9%
Category
-
-
-
-
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, Anish Tawakley, Lalit Kumar, Sharmila D’mello. The fund could potentially beat inflation in the long-run.

Key parameters

1) ICICI Prudential Business Cycle Fund Direct Growth has a NAV of 14.64 as on 28-11-2022.

2) ICICI Prudential Business Cycle Fund Direct Growth has 5059 Cr worth of assets under management (AUM) as on 30-09-2022 and is more than category average.

3) The fund has an expense ratio 0.65 %.

Fund Overview

Expense ratio
Expense ratio
0.65%
Benchmark
Benchmark
IISL Nifty 500 TR INR
AUM
AUM
₹5059 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
75.68%

Fund Distribution

  • Equity 95.8%
  • Debt & Cash 4.2%
Size breakup
Large cap
79.5%
Mid cap
10.6%
Small cap
5.7%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

36.4%

Industrial

12%

Energy

11.1%

Tech

10.3%

Health

9.9%

Consumer Cyclical

9.8%

Communication

4%

Basic Materials

4%

Utilities

1.8%

Real Estate

0.4%

Consumer Defensive

0.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings71
Equity Holdings65
Debt Holdings6

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 201.3 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 5.1K Cr
Sep'22
₹ 4.9K Cr
Aug'22
₹ 5.1K Cr

Fund Returns vs Benchmark

Oct'22
6.40%
5.37%
Sep'22
-3.31%
-2.51%
Aug'22
3.96%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
71
69
66
Top 5 Company Concentration
33.4%
31.7%
34.1%
Company having highest exposure
ICICI Bank Ltd (9%)
ICICI Bank Ltd (8.9%)
ICICI Bank Ltd (10.2%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
76.5%
74.2%
77.3%
Sector having highest exposure
Financial Services (34.9%)
Financial Services (33.4%)
Financial Services (35.6%)

Fund Manager

Manish Banthia

Manish Banthia

Managing this fund since 18 January 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Equity & Debt Fund Direct Plan Growth
21.49%
14.63%
ICICI Prudential Asset Allocator Fund(FOF) Direct Plan Growth
14.14%
--
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
12.55%
11.34%
Anish Tawakley

Anish Tawakley

Managing this fund since 18 January 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Bluechip Fund Direct Plan Growth
17.85%
15.61%
ICICI Prudential Manufacturing Fund Direct Growth
22.29%
--
Lalit Kumar

Lalit Kumar

Managing this fund since 18 January 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential MidCap Fund Direct Plan Growth
22.33%
23.14%
ICICI Prudential Child Care Fund (Gift Plan) Direct Plan
13.01%
--
ICICI Prudential Commodities Fund Direct Growth
40.62%
--
Sharmila D’mello

Sharmila D’mello

Managing this fund since 31 July 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Bluechip Fund Direct Plan Growth
17.85%
15.61%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
12.55%
11.34%
ICICI Prudential Value Discovery Fund Direct Plan Growth
25.64%
19.52%

AMC details

Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Fund House
ICICI Prudential Asset Management Company Limited

Fund Highlights

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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 22.42% since inception which is more than its category average return of 12.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.85% in Equity, 0% in Debt and 4.15% in Cash related instruments
AUM size ₹5059 Cr

AUM size ₹5059 Cr

This fund has AUM of ₹5059 Cr which is more than its category average of ₹ 1208 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of ICICI Prudential Business Cycle Fund Direct Growth is 14.54.
Existing (Absolute + CAGR)
ICICI Prudential Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.49%
3.49%
6 Month Returns
16.41%
16.41%
1 Year Returns
11.08%
11.08%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.65 as on October 2022
5059 Cr as on October 2022
ICICI Bank Ltd(9.04%),Larsen & Toubro Ltd(7.41%),Reliance Industries Ltd(6.16%),Axis Bank Ltd(6.12%),HDFC Bank Ltd(4.66%) as on October 2022
Financial Services(34.91%),Industrial(11.54%),Energy(10.67%) as on October 2022
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
5.43
-
-
As on month end.
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
0.79
-
-
As on month end.
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
0.4
-
-
As on month end.
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
14.2
-
-
As on month end.
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.
Manish Banthia,Anish Tawakley,Lalit Kumar,Sharmila D’mello 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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.