ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl

Equity
Direct
Equity - Other
ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl

About the Fund

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

Key Parameters

  1. ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl has ₹9663 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl has given a CAGR return of 22.25% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 28.05% and 19.32% respectively.

Holdings

ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Energy, Utilities, Communication, Government, Real Estate, Consumer Defensive, Tech. Its top holdings are ICICI Bank Ltd, Larsen & Toubro Ltd, UltraTech Cement Ltd, Reliance Industries Ltd, Maruti Suzuki India Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl

To generate long-term capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 20.4K in ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl in the last three months

Fund Overview

Expense ratio0.77%
Benchmark
IISL Nifty 500 TR INR
AUM₹9663 Cr
Inception Date18 January, 2021
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
56.53%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 80.1%

  • Debt & Cash 19.9%

Large cap
64.9%

Mid cap
18.2%

Small cap
3.3%

Sector Allocation

May'24

Apr'24

Mar'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%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Lalit Kumar
Lalit Kumar
Fund Manager of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl, since 18 January 2021
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl, since 18 January 2021
Anish Tawakley
Anish Tawakley
Fund Manager of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl, since 18 January 2021

ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl 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 22.25% since inception which is less than its category average return of 26.07%
Fund Allocations

Fund Allocations

This fund has an allocation of 80.06% in Equity, 0% in Debt and 19.94% in Cash related instruments
AUM size ₹9663 Cr

AUM size ₹9663 Cr

This fund has AUM of ₹9663 Cr which is more than its category average of ₹ 1976 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 1.21%

Frequently Asked Questions

The current NAV of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl is ₹19.81 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.93%
4.93%
6 Month Returns
4.81%
4.81%
1 Year Returns
28.05%
28.05%
3 Years Returns
69.9%
19.32%
5 Years Returns
0%
0%
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0.77% as on May 2024
₹9663 Cr as on May 2024
ICICI Bank Ltd(7.02%), Larsen & Toubro Ltd(6.24%), UltraTech Cement Ltd(5%), Reliance Industries Ltd(4.52%), Maruti Suzuki India Ltd(4.47%) as on May 2024
Financial Services(22.27%), Industrial(12.8%), Consumer Cyclical(10.38%) as on May 2024
The alpha ratio for the ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl
-9.17
2.4
-
As on May 2024
The alpha for ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl 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 Payout of Income Distribution cum Cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl
1.14
0.83
-
As on May 2024
The Beta for ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl 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 Payout of Income Distribution cum Cap wdrl 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 Payout of Income Distribution cum Cap wdrl
1.22
0.98
-
As on May 2024
The sharpe ratio for ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl 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 Payout of Income Distribution cum Cap wdrl 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 Payout of Income Distribution cum Cap wdrl
14.97
12.67
-
As on May 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 1.82 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.07 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Lalit Kumar, Manish Banthia, Anish Tawakley are the fund managers of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl
The Exit load of ICICI Prudential Business Cycle Fund Direct Payout of Income Distribution cum Cap wdrl is 1%