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ICICI Prudential Business Cycle Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (20-Dec-24)
₹23.45-1.30%1D
Returns (Since Inception)
24.28%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹11,880 Cr
Expense Ratio
0.73%
ISIN
INF109KC1P24
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
18 Jan 2021
About this fund
ICICI Prudential Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 3 years, 11 months and 4 days, having been launched on 18-Jan-21.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹23.45, Assets Under Management (AUM) of 11880.48 Crores, and an expense ratio of 0.73%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹23.45, Assets Under Management (AUM) of 11880.48 Crores, and an expense ratio of 0.73%.
- ICICI Prudential Business Cycle Fund Direct Growth has given a CAGR return of 24.28% since inception.
- The fund's asset allocation comprises around 81.28% in equities, 0.00% in debts, and 18.72% in cash & cash equivalents.
- You can start investing in ICICI Prudential Business Cycle Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+25.87%
— (Cat Avg.)
3 Years
+23.66%
— (Cat Avg.)
Since Inception
+24.28%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹9,655.88 Cr | 81.28% |
| Others | ₹2,224.6 Cr | 18.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,201.86 Cr | 10.12% |
| HDFC Bank Ltd | Equity | ₹1,028.98 Cr | 8.66% |
| ICICI Bank Ltd | Equity | ₹1,007.59 Cr | 8.48% |
| Treps | Cash - Repurchase Agreement | ₹752.87 Cr | 6.34% |
| Larsen & Toubro Ltd | Equity | ₹745.85 Cr | 6.28% |
| Reliance Industries Ltd | Equity | ₹608.7 Cr | 5.12% |
| UltraTech Cement Ltd | Equity | ₹601.42 Cr | 5.06% |
| Bharti Airtel Ltd | Equity | ₹522.14 Cr | 4.39% |
| Maruti Suzuki India Ltd | Equity | ₹521.79 Cr | 4.39% |
| Axis Bank Ltd | Equity | ₹407.88 Cr | 3.43% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹368.61 Cr | 3.10% |
| Xtrackers Harvest CSI 300 China A ETF | Mutual Fund - ETF | ₹367.87 Cr | 3.10% |
| Cummins India Ltd | Equity | ₹334.63 Cr | 2.82% |
| NTPC Ltd | Equity | ₹320.73 Cr | 2.70% |
| Hero MotoCorp Ltd | Equity | ₹307.46 Cr | 2.59% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-254.8 Cr | 2.14% |
| InterGlobe Aviation Ltd | Equity | ₹228.64 Cr | 1.92% |
| Lupin Ltd | Equity | ₹194.61 Cr | 1.64% |
| HDFC Life Insurance Co Ltd | Equity | ₹189.97 Cr | 1.60% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹189.93 Cr | 1.60% |
| Future on Lupin Ltd | Equity - Future | ₹-185.07 Cr | 1.56% |
| DLF Ltd | Equity | ₹172.88 Cr | 1.46% |
| Aurobindo Pharma Ltd | Equity | ₹164.15 Cr | 1.38% |
| Tata Motors Ltd | Equity | ₹148.8 Cr | 1.25% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-145.81 Cr | 1.23% |
| Kotak Mahindra Bank Ltd | Equity | ₹145.09 Cr | 1.22% |
| Siemens Ltd | Equity | ₹140.93 Cr | 1.19% |
| Shree Cement Ltd | Equity | ₹139.03 Cr | 1.17% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-137.61 Cr | 1.16% |
| Future on NTPC Ltd | Equity - Future | ₹-137.21 Cr | 1.15% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-122.7 Cr | 1.03% |
| HDFC Asset Management Co Ltd | Equity | ₹122.22 Cr | 1.03% |
| SBI Life Insurance Co Ltd | Equity | ₹116.75 Cr | 0.98% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-111.26 Cr | 0.94% |
| Vedanta Ltd | Equity | ₹111.11 Cr | 0.94% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-107.41 Cr | 0.90% |
| Hindalco Industries Ltd | Equity | ₹106.34 Cr | 0.90% |
| Max Financial Services Ltd | Equity | ₹101.56 Cr | 0.85% |
| Gujarat Pipavav Port Ltd | Equity | ₹90.46 Cr | 0.76% |
| Power Grid Corp Of India Ltd | Equity | ₹84.64 Cr | 0.71% |
| Asian Paints Ltd | Equity | ₹75.36 Cr | 0.63% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹68.9 Cr | 0.58% |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd | Equity | ₹67.52 Cr | 0.57% |
| Mahindra & Mahindra Ltd | Equity | ₹65.04 Cr | 0.55% |
| 182 DTB 06022025 | Bond - Gov't/Treasury | ₹62.26 Cr | 0.52% |
| Page Industries Ltd | Equity | ₹57.55 Cr | 0.48% |
| Union Bank of India | Equity | ₹56.89 Cr | 0.48% |
| Affle India Ltd | Equity | ₹56.87 Cr | 0.48% |
| Bank of Baroda | Equity | ₹54.28 Cr | 0.46% |
| 364 Day T-Bill 30.01.25 | Bond - Gov't/Treasury | ₹51.45 Cr | 0.43% |
| Graphite India Ltd | Equity | ₹48.02 Cr | 0.40% |
| Birla Corp Ltd | Equity | ₹47.26 Cr | 0.40% |
| Timken India Ltd | Equity | ₹45.3 Cr | 0.38% |
| ICICI Securities Ltd | Equity | ₹42.23 Cr | 0.36% |
| Hyundai Motor India Ltd | Equity | ₹41.82 Cr | 0.35% |
| NHPC Ltd | Equity | ₹40.24 Cr | 0.34% |
| 91 DTB 03012025 | Bond - Gov't/Treasury | ₹39.77 Cr | 0.33% |
| Net Current Assets | Cash | ₹-39.27 Cr | 0.33% |
| Ambuja Cements Ltd | Equity | ₹35.81 Cr | 0.30% |
| TVS Holdings Ltd | Equity | ₹35.78 Cr | 0.30% |
| 182 DTB 05122024 | Bond - Gov't/Treasury | ₹34.97 Cr | 0.29% |
| Ipca Laboratories Ltd | Equity | ₹34.53 Cr | 0.29% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹33.68 Cr | 0.28% |
| Alkem Laboratories Ltd | Equity | ₹33.05 Cr | 0.28% |
| Ingersoll-Rand (India) Ltd | Equity | ₹31.6 Cr | 0.27% |
| Schaeffler India Ltd | Equity | ₹30.61 Cr | 0.26% |
| Cash Margin - Derivatives | Cash - Collateral | ₹28.85 Cr | 0.24% |
| Gujarat State Petronet Ltd | Equity | ₹28.64 Cr | 0.24% |
| Zydus Lifesciences Ltd | Equity | ₹26.07 Cr | 0.22% |
| Vodafone Group PLC ADR | Equity | ₹25.01 Cr | 0.21% |
| Prestige Estates Projects Ltd | Equity | ₹24.35 Cr | 0.20% |
| Avenue Supermarts Ltd | Equity | ₹24.26 Cr | 0.20% |
| Syngene International Ltd | Equity | ₹23.43 Cr | 0.20% |
| Oberoi Realty Ltd | Equity | ₹23.1 Cr | 0.19% |
| Phoenix Mills Ltd | Equity | ₹20.95 Cr | 0.18% |
| HeidelbergCement India Ltd | Equity | ₹20.08 Cr | 0.17% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹15.38 Cr | 0.13% |
| India (Republic of) | Bond - Short-term Government Bills | ₹14.95 Cr | 0.13% |
| JM Financial Ltd | Equity | ₹14.88 Cr | 0.13% |
| 364 DTB 13022025 | Bond - Gov't/Treasury | ₹12.83 Cr | 0.11% |
| Life Insurance Corporation of India | Equity | ₹11.74 Cr | 0.10% |
| Grasim Industries Ltd | Equity | ₹11.09 Cr | 0.09% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹11 Cr | 0.09% |
| 3M India Ltd | Equity | ₹10.06 Cr | 0.08% |
| 182 DTB 17012025 | Bond - Gov't/Treasury | ₹9.92 Cr | 0.08% |
| Indian Energy Exchange Ltd | Equity | ₹9.69 Cr | 0.08% |
| IndiaMART InterMESH Ltd | Equity | ₹6.29 Cr | 0.05% |
| 364 DTB | Bond - Gov't/Treasury | ₹2.98 Cr | 0.03% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.32 Cr | 0.02% |
| 191 DTB 30012025 | Bond - Gov't/Treasury | ₹1.98 Cr | 0.02% |
| Sagar Cements Ltd | Equity | ₹1.7 Cr | 0.01% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹1.1 Cr | 0.01% |
| 364 DTB 09012025 | Bond - Gov't/Treasury | ₹0.99 Cr | 0.01% |
| Star Cement Ltd | Equity | ₹0.93 Cr | 0.01% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.72 Cr | 0.01% |
| Hindustan Petroleum Corp Ltd | Equity | ₹0.02 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.49%
Mid Cap Stocks
10.64%
Small Cap Stocks
4.61%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹3,583.96 Cr | 30.17% |
| Industrials | ₹1,686.5 Cr | 14.20% |
| Basic Materials | ₹1,218.72 Cr | 10.26% |
| Consumer Cyclical | ₹1,208.86 Cr | 10.18% |
| Healthcare | ₹844.45 Cr | 7.11% |
| Energy | ₹611.77 Cr | 5.15% |
| Communication Services | ₹610.32 Cr | 5.14% |
| Utilities | ₹474.25 Cr | 3.99% |
| Real Estate | ₹241.27 Cr | 2.03% |
| Consumer Defensive | ₹24.26 Cr | 0.20% |
Risk & Performance Ratios
Standard Deviation
This fund
12.20%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.33
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Manish Banthia
Since January 2021
AT
Anish Tawakley
Since January 2021
Lalit Kumar
Since January 2021
SD
Sharmila D’mello
Since July 2022
Additional Scheme Detailsas of 30th November 2024
ISIN INF109KC1P24 | Expense Ratio 0.73% | Exit Load 1.00% | Fund Size ₹11,880 Cr | Age 3 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹216.72 Cr | 11.6% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹216.72 Cr | 11.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹543.31 Cr | 27.4% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹543.31 Cr | 25.4% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3115.35 Cr | 32.1% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3115.35 Cr | 30.6% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹400.36 Cr | 25.7% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.73 Cr | 23.7% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,87,010 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of ICICI Prudential Business Cycle Fund Direct Growth?
The NAV of ICICI Prudential Business Cycle Fund Direct Growth, as of 20-Dec-2024, is ₹23.45.
What are the returns of ICICI Prudential Business Cycle Fund Direct Growth?
The fund has generated 25.87% over the last 1 year and 23.66% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Business Cycle Fund Direct Growth?
The fund's allocation of assets is distributed as 81.28% in equities, 0.00% in bonds, and 18.72% in cash and cash equivalents.
Who manages the ICICI Prudential Business Cycle Fund Direct Growth?
The fund managers responsible for ICICI Prudential Business Cycle Fund Direct Growth are:-
- Manish Banthia
- Anish Tawakley
- Lalit Kumar
- Sharmila D’mello
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.