
ITI Business Cycle Fund Direct Growth is a Equity mutual fund scheme launched on 09 Mar 2026. The current NAV stands at ₹9.9744 as of 30 Oct 2026. From the funds total AUM, its top holdings include Net Receivables / (Payables) at 4.14%, HDFC Bank at 3.79%, ICICI Bank at 3.46%, Reliance Industries at 2.93%, State Bank of India at 2.86%
Scheme Overview
- Inception Date : 09 Mar 2026
- AUM : ₹116.61 Cr
- Expense Ratio : 1.66%
- Min. SIP : ₹500
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
6M
₹ 3.02 L
3.50%
₹ 3.07 L
8.00%
₹ 2.97 L
-3.02%
Total Investment
₹ 3,00,000
Returns
₹ -2,631 (-3.02%)
Maturity Value
₹ 2,97,369
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
₹ 116.61 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹116.61 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 21.09% | ||
| Basic Materials | 18.47% | ||
| Healthcare | 14.94% | ||
| Industrials | 14.21% | ||
| Energy | 7.08% | ||
| Consumer Defensive | 6.94% | ||
| Utilities | 5.41% | ||
| Consumer Cyclical | 4.79% | ||
| Other | 4.14% | ||
| Technology | 2.24% | ||
| Communication Services | 0.69% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 116.61
Expense Ratio
1.66%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
09 Mar 2026
Fund Age
0 Yrs
Benchmark
Nifty 500 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.50%, if redeemed within 3 months.
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 |
|---|---|
| Alok Ranjan | PGDM (MBA) from IIM Calcutta, B.Tech in Mechanical Engineering from NIT Warangal |
| Nilay Dalal | MBA (Finance) |
Fund Objective
The Investment objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
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
ITI Mutual Fund
No. of Schemes
21
Total AUM
₹ 12,562.47 Cr
Contact Details
ITI House 36, Dr.R.K.Shirodkar Marg,Parel Mumbai - 400012.
Contact Details
ITI House 36, Dr.R.K.Shirodkar Marg,Parel Mumbai - 400012.
FAQs
When was ITI Business Cycle Fund launched?
What is the current NAV of ITI Business Cycle Fund?
What is the AUM of ITI Business Cycle Fund?
What is the rate of return of ITI Business Cycle Fund?
- In the past 1Y: 0.00%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of ITI Business Cycle Fund?
What is exit load of ITI Business Cycle Fund?
What is the portfolio of ITI Business Cycle Fund?
- HDFC Bank: 3.79%
- ICICI Bank: 3.46%
- Reliance Industries: 2.93%
- State Bank of India: 2.86%
- NTPC: 1.82%
Top 3 sectoral holdings include:
- Financial Services: 21.09%
- Basic Materials: 18.47%
- Healthcare: 14.94%
How risky is investing in ITI Business Cycle Fund?
Who is the fund manager ITI Business Cycle Fund?
What is the minimum investment required in ITI Business Cycle Fund?
How to invest in ITI Business Cycle Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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