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ICICI Prudential Business Cycle Fund - Growth
Unrated
NAV as of Dec 27, 2024
22.41-0.09%
- Growth - Regular
(Earn upto 0.98% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
1.71%(1.47% Category
average)Fund Size:
Rs. 11,880.48 Cr(6.00% of Investment in Category)
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ICICI Prudential Business Cycle Fund - Growth
Unrated
NAV as of Dec 27, 2024
22.41-0.09%
Expense Ratio:
1.71%
Fund Size:
Rs. 11,880.48 Cr
Fund Category:
Equity: Thematic
ICICI Prudential Business Cycle Fund - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Business Cycle Fund as of Dec 27, 2024 is Rs 22.41 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 23.93% (1yr), 21.88% (3yr) and 23.16% (since launch). Whereas, Category returns for the same time duration are: 24.643348339829412% (1yr), 19.148381121726832% (3yr) and 21.87750638530233% (5yr).
3. Fund Size: The ICICI Prudential Business Cycle Fund currently holds Assets under Management worth of Rs 11880.4786 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.71% for Regular plan as on Nov 30, 2024.
5. Exit Load: ICICI Prudential Business Cycle Fund shall attract an Exit Load, "Exit load of 1% if redeemed within 1 month"
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Business Cycle Fund as of Dec 27, 2024 is Rs 22.41 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 23.93% (1yr), 21.88% (3yr) and 23.16% (since launch). Whereas, Category returns for the same time duration are: 24.643348339829412% (1yr), 19.148381121726832% (3yr) and 21.87750638530233% (5yr).
3. Fund Size: The ICICI Prudential Business Cycle Fund currently holds Assets under Management worth of Rs 11880.4786 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.71% for Regular plan as on Nov 30, 2024.
5. Exit Load: ICICI Prudential Business Cycle Fund shall attract an Exit Load, "Exit load of 1% if redeemed within 1 month"
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
ICICI Prudential Business Cycle Fund - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -1.62 -7.82 -0.31 21.73 21.62 - Category Avg -0.37 -8.27 -0.53 21.55 17.86 21.45 Rank within Category 89 56 42 35 11 - No. of funds within Category 126 115 96 75 35 20 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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- Nifty 50
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- 3M
- 6M
- 1Y
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ICICI Prudential Business Cycle Fund - Growth Fund Details
Investment Objective - The scheme seeks 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.
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | Jan 18, 2021 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 22.71% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
ICICI Prudential Business Cycle Fund - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1.00 |
| Exit Load Exit load of 1% if redeemed within 1 month | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 91 | 83 | 89 | 81 | 84 | 80 |
| Top 5 Company Holdings | 33.6% | 30.15% | 28.87% | 27.03% | 27.43% | 28.97% |
| Top 10 Company Holdings | 52.1% | 48.33% | 48.35% | 46.26% | 46.34% | 49.21% |
| Company with Highest Exposure | HDFC Bank (8.66%) | HDFC Bank (7.63%) | HDFC Bank (6.49%) | ICICI Bank (6.45%) | ICICI Bank (6.56%) | ICICI Bank (6.66%) |
| Number of Sectors | 17 | 17 | 17 | 16 | 16 | 16 |
| Top 3 Sector Holdings | 40.61% | 39.24% | 38.57% | 37.81% | 39.98% | 40.92% |
| Top 5 Sector Holdings | 54.97% | 52.7% | 52.41% | 52.49% | 55.0% | 55.92% |
| Sector with Highest Exposure | Financial (22.42%) | Financial (21.97%) | Financial (20.66%) | Financial (18.63%) | Financial (18.52%) | Financial (19.49%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 6.49 19.78 90.93 5.45 ICICI Bank Financial 6.4 19.03 68.72 29.99 Larsen & Toubro Construction 6.06 36.68 98.36 2.56 Ultratech Cement Materials 4.97 50.26 226.94 9.40 Reliance Industries Energy 4.95 24.33 50.19 -6.27 Bharti Airtel Communication 4.37 79.37 20.16 54.32 Maruti Suzuki India Automobile 4.33 24.53 445.97 6.52 Nifty 50 Financial 3.95 - - - Axis Bank Financial 3.52 11.93 90.29 -2.74 Sun Pharmaceutical Industries Healthcare 3.31 40.40 46.07 47.47
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y ICICI Prudential Business Cycle Fund - Growth 22.41 Unrated 11,880.48 -1.62 21.73 21.62 - Edelweiss Recently Listed IPO Fund Regular-Growth 28.66 Unrated 973.95 4.91 29.50 12.24 23.65 Baroda BNP Paribas Innovation Fund Regular - Growth 12.83 Unrated 1,148.03 2.19 - - - ICICI Prudential Nifty FMCG ETF - Growth 59.28 Unrated 436.20 -2.74 2.90 17.02 - Sundaram Business Cycle Fund Regular - Growth 10.82 Unrated 1,549.54 1.32 - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.20VS13.95Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.82VS0.92Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.23VS0.88Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
18.30VS13.32Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
6.28VS2.35Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
20.93VS18.06Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
ICICI Prudential Mutual Fund News
Fund Manager
No Fund Manager for this fund
More ICICI Prudential Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Bluechip Fund-Growth | 63,938.03 | -0.61 | -7.77 | 2.47 | 19.37 | 17.69 | |
| ICICI Prudential Balanced Advantage-Growth | 60,534.08 | 0.36 | -3.18 | 3.26 | 13.41 | 12.58 | |
| ICICI Prudential Multi Asset Fund-Growth | 50,987.95 | -0.36 | -4.23 | 2.60 | 17.66 | 19.79 | |
| ICICI Prudential Liquid Fund-Growth | 50,756.34 | 0.53 | 1.70 | 3.49 | 7.35 | 6.32 | |
| ICICI Prudential Value Discovery Fund-Growth | 48,987.78 | -0.68 | -7.61 | 4.59 | 22.04 | 22.92 | |
| ICICI Prudential Equity & Debt Fund -Growth | 40,089.04 | -0.19 | -6.76 | 2.33 | 18.98 | 19.63 | |
| ICICI Prudential Corporate Bond Fund-Growth | 28,992.58 | 0.59 | 1.79 | 3.92 | 8.01 | 6.65 | |
| ICICI Prudential Money Market-Growth | 28,736.27 | 0.56 | 1.77 | 3.65 | 7.66 | 6.56 | |
| ICICI Prudential India Opportunities Fund - Growth | 24,785.97 | 0.30 | -7.20 | 4.78 | 24.21 | 26.71 | |
| ICICI Prudential Equity Arbitrage-Growth | 24,759.62 | 0.45 | 1.71 | 3.45 | 7.60 | 6.24 |
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About ICICI Prudential Business Cycle Fund - Growth
1. ICICI Prudential Business Cycle Fund is Open-ended Thematic Equity scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Jan 18, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 84.5839243% in equities, 2.23722465% in debts and 13.17885105% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 47.65% of the assets, the top 3 sectors constitute around 40.61% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ICICI Prudential Business Cycle Fund - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. ICICI Prudential Business Cycle Fund is Open-ended Thematic Equity scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Jan 18, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 84.5839243% in equities, 2.23722465% in debts and 13.17885105% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 47.65% of the assets, the top 3 sectors constitute around 40.61% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ICICI Prudential Business Cycle Fund - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about ICICI Prudential Business Cycle Fund - Growth
- Is it safe to invest in ICICI Prudential Business Cycle Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the ICICI Prudential Business Cycle Fund comes under Very High risk category.
- What is the category of ICICI Prudential Business Cycle Fund?ICICI Prudential Business Cycle Fund belongs to the Equity : Thematic category of funds.
- How Long should I Invest in ICICI Prudential Business Cycle Fund?The suggested investment horizon of investing into ICICI Prudential Business Cycle Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the ICICI Prudential Business Cycle Fund?The ICICI Prudential Business Cycle Fund is managed by Manish Banthia (Since Dec 29, 2020) , Anish Tawakley (Since Dec 29, 2020) and Lalit Kumar (Since Jan 16, 2021).
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