
ICICI Prudential Business Cycle Fund Direct - Growth
ICICI Prudential Business Cycle Fund Direct - Growth
as on 23 Jul 2026
ICICI Prudential Business Cycle Fund Direct - Growth is a Equity mutual fund scheme launched on 18 Jan 2021. Investors can begin their investment journey with a minimum SIP of ₹100 or a lumpsum investment of ₹500. The fund manages total assets worth ₹16,137.50 crores, and the current NAV stands at ₹26.0900 as of 23 Jul 2026. The fund has delivered absolute returns of 1.28% in the past 1 year. For the last 3 years the fund has delivered a CAGR of 16.93%. For 5 years it has given a CAGR of 17.50%. The expense ratio of the fund is 0.67%.
NAV ₹ 26.0900 (-0.42%)
CAGR 17.50%
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 48.14 L
17.50%
Total Investment
₹ 30,00,000
Returns
₹ 18,13,525 (17.50%)
Maturity Value
₹ 48,13,525
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 16,137.50 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹16,137.50 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 500.00
AUM (in Cr.)
₹ 16,137.50
Expense Ratio
0.67%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
18 Jan 2021
Fund Age
5 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1% if redeemed within 1 month
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Manish Banthia | B.Com., A.C.A., MBA. |
| Divya Jain | Chartered Accountant, Chartered Financial Analyst (CFA) Level 1 and B.Com |
| Manan Tijoriwala | Chartered Accountant, Chartered Financial Analyst (CFA - all three levels) and Postgraduate Programme in Management (PGP) from the Indian School of Business |
Fund Objective
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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
ICICI Prudential Mutual Fund
No. of Schemes
100
Total AUM
₹ 10,41,148.04 Cr
Contact Details
One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051
Contact Details
One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051
Open NFOs
Sorry, No Data Available at this Moment!
FAQs
When was ICICI Prudential Business Cycle Fund launched?
What is the current NAV of ICICI Prudential Business Cycle Fund?
What is the AUM of ICICI Prudential Business Cycle Fund?
What is the rate of return of ICICI Prudential Business Cycle Fund?
- In the past 1Y: 1.28%
- In the past 3Y: 16.93%
- In the past 5Y: 17.50%
What is the expense ratio of ICICI Prudential Business Cycle Fund?
What is exit load of ICICI Prudential Business Cycle Fund?
What is the portfolio of ICICI Prudential Business Cycle Fund?
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in ICICI Prudential Business Cycle Fund?
Who is the fund manager ICICI Prudential Business Cycle Fund?
What is the minimum investment required in ICICI Prudential Business Cycle Fund?
How to invest in ICICI Prudential Business Cycle Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



