ICICI Prudential Business Cycle Fund Direct Growth

ICICI Prudential Business Cycle Fund Direct Growth

Equity

ICICI Mutual Fund

Equity - Other

Get the latest NAV of ICICI Prudential Business Cycle Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹24.72

▲3.4%1D

NAV as on 12 May 2025

23.35%/per year

Since Inception

Absolute Gain%

▲▼

2360 people have invested ₹ 2.1Cr in ICICI Prudential Business Cycle Fund Direct Growth in the last three months

ICICI Prudential Business Cycle Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
7.9%
8.47%
-
3 Months
9.04%
7.67%
-
6 Months
4.66%
0.81%
-
1 Year
12.67%
9.98%
-
3 Years
26.3%
18.69%
-

INDmoney Rank

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IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential Business Cycle Fund
2/39
11,894Cr
0.82%
12.67%
26.3%
23.35%
Nippon India Power & Infra Fund Direct Growth
7/39
7,026Cr
1.03%
4.46%
34.02%
15.58%
Quant Quantamental Fund Direct Growth
17/39
1,902Cr
0.66%
-2.41%
28.46%
23.34%
SBI Magnum Global Fund Direct Growth
21/39
6,117Cr
1.23%
7.49%
14.72%
15.21%
See all
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Larger AUM within category
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No bad points found for this fund.

ICICI Prudential Business Cycle Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Business Cycle Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 87.2%

Debt & Cash 12.8%

Large cap
72.6%
Mid cap
8.9%
Small cap
5.7%
Small Cap allocation has gone down from 5.8% to 5.7%
Small Cap allocation has gone down from 5.8% to 5.7%
Mid Cap allocation has gone down from 9.2% to 8.9%
Mid Cap allocation has gone down from 9.2% to 8.9%
Large Cap allocation has gone up from 72.6% to 72.6%
Large Cap allocation has gone up from 72.6% to 72.6%
Cash allocation has gone up from 12.4% to 12.8%
Cash allocation has gone up from 12.4% to 12.8%

ICICI Prudential Business Cycle Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 87.2%

Debt & Cash 12.8%

Financial Services
29.7%
Industrial
16.2%
Basic Materials
11.7%
Consumer Cyclical
11.4%
Health
9.5%
Energy
6.5%
Utilities
5.6%
Communication
5.6%
Real Estate
2.6%
Consumer Defensive
0.7%
Tech
0.5%

Top 3 Sectors in March were Financial Services, Industrial & Basic Materials

Mar'25

Financial Services

35%

Industrial

18%

Basic Materials

13%

Feb'25

Financial Services

35%

Industrial

18%

Basic Materials

13%

ICICI Prudential Business Cycle Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
9.41%
0%
ICICI Bank Ltd
9.15%
4.2%
Larsen & Toubro Ltd
7.12%
-6.8%
Reliance Industries Ltd
5.76%
3.6%
UltraTech Cement Ltd
4.45%
0%
See all
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 8.46% to 9.15%
ICICI Bank Ltd's allocation increased from 8.46% to 9.15%
UltraTech Cement Ltd's allocation increased from 4.23% to 4.45%
UltraTech Cement Ltd's allocation increased from 4.23% to 4.45%
SKF India Ltd's allocation increased from 0.1% to 0.32%
SKF India Ltd's allocation increased from 0.1% to 0.32%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.61 % to 9.41 %
HDFC Bank Ltd's allocation decreased from 9.61 % to 9.41 %
Larsen & Toubro Ltd's allocation decreased from 7.46 % to 7.12 %
Larsen & Toubro Ltd's allocation decreased from 7.46 % to 7.12 %
Maruti Suzuki India Ltd's allocation decreased from 4.5 % to 4.08 %
Maruti Suzuki India Ltd's allocation decreased from 4.5 % to 4.08 %

ICICI Prudential Business Cycle Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.82%
Benchmark
Nifty 500 TR INR
AUM₹11894 Cr
Inception Date18 January, 2021
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
56.53%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About ICICI Prudential Business Cycle 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 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 Growth has ₹11894 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Business Cycle Fund Direct Growth has given a CAGR return of 23.35% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.67% and 26.30% respectively.

Holdings

ICICI Prudential Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Energy, Utilities, Communication, Health, Real Estate, Government, Tech, Consumer Defensive. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd, UltraTech Cement 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ICICI Prudential Business Cycle Fund Direct Growth

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 5000.00 and for SIP is INR 100.00. ICICI Prudential Business Cycle Fund Direct Growth has no lock in period.

Fund Manager

Lalit Kumar

Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021

Manish Banthia

Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021

Anish Tawakley

Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth, since 18 January 2021

Learn more about ICICI Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 11.9K Cr
₹ 11K Cr
₹ 11.7K Cr
  • AUM of the fund stands at 11.9K Cr as of Mar'25
  • AUM increased by 865.1 Cr between Mar'25 and Feb'25

Compare ICICI Prudential Business Cycle Fund

ICICI Prudential Business Cycle Fund

VS

Nippon India Power & Infra Fund Direct Growth

Frequently Asked Questions for ICICI Prudential Business Cycle Fund Direct Growth

What is the current NAV of ICICI Prudential Business Cycle Fund Direct Growth?

The current NAV of ICICI Prudential Business Cycle Fund Direct Growth is ₹24.72 as on 12-May-2025.

What are the average returns of ICICI Prudential Business Cycle Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
ICICI Prudential Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.9%
7.9%
6 Month Returns
4.66%
4.66%
1 Year Returns
12.67%
12.67%
3 Years Returns
101.47%
26.3%

How do I invest in ICICI Prudential Business Cycle Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • 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.

What is the expense ratio of ICICI Prudential Business Cycle Fund Direct Growth?

0.82% as on April 2025

What is net assets under management (AUM) of ICICI Prudential Business Cycle Fund Direct Growth?

₹11894 Cr as on April 2025

What are the top 5 holdings of ICICI Prudential Business Cycle Fund Direct Growth?

HDFC Bank Ltd(9.41%), ICICI Bank Ltd(9.15%), Larsen & Toubro Ltd(7.12%), Reliance Industries Ltd(5.76%), UltraTech Cement Ltd(4.45%) as on April 2025

What are the top 3 sectors that this ICICI Prudential Business Cycle Fund Direct Growth has invested in?

Financial Services(30.63%), Industrial(15.69%), Basic Materials(11.08%) as on April 2025

What is the alpha of ICICI Prudential Business Cycle Fund Direct Growth?

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
2.73
7.64
-
As on April 2025
The alpha for ICICI Prudential Business Cycle Fund Direct Growth is calculated against 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%.

What is the beta of ICICI Prudential Business Cycle Fund Direct Growth??

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
0.83
-
As on April 2025
The Beta for ICICI Prudential Business Cycle Fund Direct Growth is calculated with 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.

What is the sharpe ratio of ICICI Prudential Business Cycle Fund Direct Growth?

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
0.23
1.16
-
As on April 2025
The sharpe ratio for ICICI Prudential Business Cycle Fund Direct Growth is calculated with 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.

What is the standard deviation of ICICI Prudential Business Cycle Fund Direct Growth?

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
13.42
13.1
-
As on April 2025
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.

What is the Sortino ratio of ICICI Prudential Business Cycle Fund Direct Growth?

Sortino ratio is 2.23 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of ICICI Prudential Business Cycle Fund Direct Growth?

Information ratio is 1.51 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of ICICI Prudential Business Cycle Fund Direct Growth?

Lalit Kumar, Manish Banthia, Anish Tawakley are the fund managers of ICICI Prudential Business Cycle Fund Direct Growth

What is the exit load of ICICI Prudential Business Cycle Fund Direct Growth?

The Exit load of ICICI Prudential Business Cycle Fund Direct Growth is 1%