ICICI Prudential Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 28-02-2025
₹ 21.84
1D
Inception Returns
20.9%
/yr
About ICICI Prudential Business Cycle Fund Direct Growth
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
- ICICI Prudential Business Cycle Fund Direct Growth has ₹11737 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
ICICI Prudential Business Cycle Fund Direct Growth has given a CAGR return of 20.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 3.85% and 19.46% 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, Health, Communication, Utilities, Real Estate, Tech, Consumer Defensive, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends 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.
Historical NAV & Returns
INDmoney Rank for ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth Overview
| Expense ratio | 0.74% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹11737 Cr |
| Inception Date | 18 January, 2021 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 56.53% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (28-Feb-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 11.7K Cr as of Jan'25
- AUM has remained same between Jan'25 and Dec'24
Top 3 Sectors in January were Financial Services, Industrial & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 Hindalco Industries Ltd | 10.5% |
 HDFC Bank Ltd | 3.2% |
 Axis Bank Ltd | 2.6% |
ICICI Prudential Business Cycle Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹11737 Cr
Expense Ratio 0.74%
Frequently Asked Questions for ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.41% | -5.41% |
6 Month Returns | -10.93% | -10.93% |
1 Year Returns | 3.85% | 3.85% |
3 Years Returns | 70.49% | 19.46% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Business Cycle Fund Direct Growth | 1.83 | 6.87 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Business Cycle Fund Direct Growth | 0.72 | 0.82 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Business Cycle Fund Direct Growth | -0.21 | 0.98 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Business Cycle Fund Direct Growth | 11.4 | 12.64 | - |