ICICI Prudential Business Cycle Fund is a Thematic fund run by ICICI Prudential Mutual Fund. On 30-09-2026, it managed ₹14,889 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 14.4% a year and its Regular plan returned 13.3% a year. Its benchmark, Nifty 500 TRI, returned 10.4% a year over the same 3 years.
NAV (Direct plan)
₹24.68
▲ 0.57% · 29-10-2026
NAV (Regular plan)
₹23.10
▲ 0.57% · 29-10-2026
Expense ratio
1.04%Direct1.86%Regular
1.04%
A year
Riskometer
Not available
Set by the fund house
3 year return
14.4%Direct13.3%Regular
14.4%
A year
ICICI Prudential Business Cycle Fund NAV Today
NAV on 29-10-2026: Direct Plan Growth ₹24.68 (up 0.57% that day); Regular Plan Growth ₹23.10 (up 0.57% that day).
This fund (Direct plan)
₹24.68
ICICI Prudential Business Cycle Fund Returns vs Nifty 500 TRI
Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.84%
−6.59%
−5.44%
−9.46%
+14.41%
+13.57%
--
This fund (Regular)
−0.90%
−6.78%
−5.83%
−10.29%
+13.33%
+12.36%
--
Nifty 500 TRI
−0.68%
−5.86%
−3.43%
−7.58%
+10.42%
+8.86%
+12.55%
Thematic average
−2.09%
−4.52%
+0.86%
−1.22%
+13.76%
+11.62%
--
Best in Thematic
+11.54%
+11.27%
+22.16%
+75.71%
+54.78%
+21.14%
--
Worst in Thematic
−16.05%
−11.74%
−13.97%
−22.44%
−4.46%
+3.65%
--
Rank in Thematic
61/235
152/232
192/232
188/215
56/133
32/96
--
Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return.
ICICI Prudential Business Cycle Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty 500 TRI
2026to date
−9.56%
−10.22%
−7.33%
2025
+16.72%
+15.59%
+7.76%
2024
+21.33%
+20.19%
+16.24%
2023
+34.29%
+32.76%
+26.91%
2022
+11.85%
+10.28%
+4.25%
ICICI Prudential Business Cycle Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 684 periods, one for each trading day from 19-01-2024 to 29-10-2026.
0%5%10%15%20%25%30%
ICICI Prudential Business Cycle Fund (Direct)
Nifty 500 TRI
Apr 2021 to Apr 2024Sept 2021 to Sept 2024Mar 2022 to Mar 2025Sept 2022 to Sept 2025Feb 2023 to Feb 2026Aug 2023 to Aug 2026
ICICI Prudential Business Cycle Fund (Direct)Nifty 500 TRI
0%
0%
Below 0%
0%
0%
0-5%
0%
3%
5-10%
5%
28%
10-15%
16%
59%
15-20%
48%
10%
20-25%
31%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
1,177
14.5%
−9.7%
58.9%
3%
8.8%
95%
2 years
929
22.4%
−1.1%
38.9%
0%
15.5%
100%
3 years
684
23.4%
13.3%
28.7%
0%
16.4%
100%
5 years
193
18.0%
12.9%
22.0%
0%
12.5%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
58
15.3%
−12.4%
62.2%
14%
9.4%
90%
2 years
46
17.5%
−1.8%
42.9%
4%
11.4%
100%
3 years
34
22.5%
3.5%
34.1%
0%
15.6%
100%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.
ICICI Prudential Business Cycle Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
ICICI Prudential Business Cycle Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
−9.46%
−7.34%
Standard deviation
14.30%
14.48%
Sharpe ratio
-1.03
-0.87
Sortino ratio
-1.38
-1.16
Maximum drawdown
−14.1%
(30-03-2026)
−14.7%
(30-03-2026)
Beta
0.97
1.00
Alpha
−2.31%
0.00%
From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
ICICI Prudential Business Cycle Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+14.41%
+10.22%
Standard deviation
12.77%
14.30%
Sharpe ratio
0.66
0.29
Sortino ratio
0.92
0.40
Maximum drawdown
−14.4%
(28-02-2025)
−18.6%
(28-02-2025)
Beta
0.86
1.00
Alpha
+4.59%
0.00%
From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
ICICI Prudential Business Cycle Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+13.57%
+8.81%
Standard deviation
12.47%
14.36%
Sharpe ratio
0.62
0.21
Sortino ratio
0.87
0.28
Maximum drawdown
−14.4%
(28-02-2025)
−18.6%
(28-02-2025)
Beta
0.83
1.00
Alpha
+5.23%
0.00%
From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
ICICI Prudential Business Cycle Fund (Direct)This fund
Nifty 500 TRI
Return (CAGR)
+16.92%
+12.14%
Standard deviation
12.61%
14.41%
Sharpe ratio
0.91
0.46
Sortino ratio
1.28
0.63
Maximum drawdown
−14.4%
(28-02-2025)
−18.6%
(28-02-2025)
Beta
0.83
1.00
Alpha
+5.84%
0.00%
From daily NAVs, 19-01-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−20%−15%−10%−5%0%
ICICI Prudential Business Cycle Fund (Direct)
Nifty 500 TRI
20222023202420252026
ICICI Prudential Business Cycle Fund (Direct)Nifty 500 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
ICICI Prudential Business Cycle Fund (Direct)
−14.4%
26-09-2024
28-02-2025
09-06-2025
3 months
−10.8%
Nifty 500 TRI
−18.6%
26-09-2024
28-02-2025
Not yet
--
−8.8%
From the Direct plan's daily NAV since 19-01-2021, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
ICICI Prudential Business Cycle Fund vs Other Thematic Funds
The five Thematic funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
ICICI Prudential Business Cycle Fund Expense Ratio and Costs
What each plan charges a year, in force from 08-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Thematic median
Cost rank (1 = cheapest)
Direct
0.73%
0.04%
0.01%
0.26%
1.04%
1.18%
72/235
Regular
1.43%
0.04%
0.01%
0.38%
1.86%
2.41%
9/235
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−10.29%
−9.46%
0.83%
₹89,710
₹90,540
3 years
13.33%
14.41%
1.08% a year
₹1,45,558
₹1,49,759
5 years
12.36%
13.57%
1.21% a year
₹1,79,085
₹1,88,937
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
ICICI Prudential Business Cycle Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 19-01-2021 to 29-10-2026: 70 instalments, ₹7,00,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planICICI Prudential Business Cycle Fund (Direct)
₹7,00,000
₹10,17,588
₹3,17,588
12.7%
Regular planICICI Prudential Business Cycle Fund (Regular)
Direct planICICI Prudential Business Cycle Fund (Direct)Regular planICICI Prudential Business Cycle Fund (Regular)Nifty 500 TRICategory averageCategory average, 235 Thematic fundsAmount invested
From each plan's published NAV (Growth option), the benchmark's TRI and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Business Cycle Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
89.2%Equity
Asset
Fund
Category
Equity
89.2%
94.5%
Cash and others
9.8%
4.0%
Debt
1.1%
1.5%
Market cap of stocks
Market cap
Fund
Category
Large Cap
66.0%
45.7%
Mid Cap
13.7%
19.6%
Small Cap
6.5%
24.1%
Foreign stocks
3.0%
2.7%
Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
ICICI Prudential Business Cycle Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks21.3%
Automobiles10.9%
Insurance7.5%
Petroleum Products6.1%
Realty5.8%
Construction4.5%
Cement & Cement Products4.3%
Retailing4.2%
Power3.1%
Telecom - Services3.0%
The ten largest of 28 sectors. The other 18 add up to 18.4%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
21.8%
22.0%
21.3%
−0.5%
Automobiles
11.8%
11.5%
10.9%
−0.9%
Insurance
6.8%
7.2%
7.5%
+0.7%
Petroleum Products
5.4%
5.4%
6.1%
+0.7%
Realty
5.5%
5.7%
5.8%
+0.3%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
ICICI Prudential Business Cycle Fund Portfolio Holdings
As on 30-09-2026 · 84 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
HDFC Bank Ltd.
Banks
9.57%
0.0%
ICICI Bank Ltd.
Banks
6.70%
−9.8%
Reliance Industries Ltd.
Petroleum Products
5.31%
0.0%
Larsen & Toubro Ltd.
Construction
4.50%
−7.8%
Maruti Suzuki India Ltd.
Automobiles
3.95%
0.0%
Kotak Mahindra Bank Ltd.
Banks
3.44%
−15.9%
DLF Ltd.
Realty
3.25%
0.0%
Bharti Airtel Ltd.
Telecom - Services
2.97%
0.0%
Xtrackers Harvest CSI 300 China A-Shares ETF
Financial Services
2.95%
0.0%
HDFC Life Insurance Company Ltd.
Insurance
2.95%
0.0%
Ultratech Cement Ltd.
Cement & Cement Products
2.77%
0.0%
Mahindra & Mahindra Ltd.
Automobiles
2.64%
0.0%
Hero Motocorp Ltd.
Automobiles
2.44%
0.0%
NTPC Ltd.
Power
2.28%
0.0%
Interglobe Aviation Ltd.
Transport Services
2.06%
+8.8%
Prestige Estates Projects Ltd.
Realty
1.95%
0.0%
Hyundai Motor India Ltd.
Automobiles
1.81%
−11.9%
Asian Paints Ltd.
Consumer Durables
1.81%
0.0%
SBI Life Insurance Company Ltd.
Insurance
1.68%
0.0%
Axis Bank Ltd.
Banks
1.44%
0.0%
Info Edge (India) Ltd.
Retailing
1.41%
+4.5%
Trent Ltd.
Retailing
1.33%
0.0%
ICICI Lombard General Insurance Company Ltd.
Insurance
1.32%
+8.8%
Shree Cements Ltd.
Cement & Cement Products
1.11%
+7.3%
ICICI Prudential Life Insurance Company Ltd.
Insurance
1.05%
0.0%
Cummins India Ltd.
Industrial Products
0.95%
0.0%
Ashok Leyland Ltd.
Agricultural, Commercial & Construction Vehicles
0.93%
0.0%
Hindustan Aeronautics Ltd.
Aerospace & Defense
0.93%
−33.7%
Triveni Turbine Ltd.
Electrical Equipment
0.75%
0.0%
HDFC Asset Management Company Ltd.
Capital Markets
0.67%
0.0%
TML Commercial Vehicles Ltd.
Agricultural, Commercial & Construction Vehicles
0.67%
−5.1%
Atul Ltd.
Chemicals & Petrochemicals
0.64%
0.0%
Page Industries Ltd.
Textiles & Apparels
0.60%
0.0%
Avenue Supermarts Ltd.
Retailing
0.57%
0.0%
Gujarat Pipavav Port Ltd.
Transport Infrastructure
0.55%
0.0%
Oberoi Realty Ltd.
Realty
0.54%
0.0%
PI Industries Ltd.
Fertilizers & Agrochemicals
0.54%
0.0%
NHPC Ltd.
Power
0.52%
+7.6%
Supreme Industries Ltd.
Industrial Products
0.51%
0.0%
Aarti Industries Ltd.
Chemicals & Petrochemicals
0.49%
0.0%
Gujarat Narmada Valley Fertilizers and Chemicals Ltd.
Chemicals & Petrochemicals
0.43%
0.0%
Swiggy Ltd
Retailing
0.39%
+8.3%
SKF India Ltd.
Auto Components
0.38%
0.0%
Indian Oil Corporation Ltd.
Petroleum Products
0.37%
New
Ambuja Cements Ltd.
Cement & Cement Products
0.35%
0.0%
182 Days Treasury Bills · Government security
SOV
0.34%
Power Grid Corporation Of India Ltd.
Power
0.31%
New
Affle India Ltd.
It - Services
0.31%
0.0%
Go Digit General Insurance Ltd
Insurance
0.30%
0.0%
Arvind Fashions Ltd.
Retailing
0.30%
0.0%
Hindustan Petroleum Corporation Ltd.
Petroleum Products
0.28%
New
Indian Energy Exchange Ltd.
Capital Markets
0.27%
0.0%
Credit Analysis And Research Ltd.
Capital Markets
0.26%
+4.3%
TVS Holdings Ltd.
Finance
0.25%
0.0%
Indiamart Intermesh Ltd.
Retailing
0.25%
0.0%
Godrej Consumer Products Ltd.
Personal Products
0.22%
0.0%
364 Days Treasury Bills · Government security
SOV
0.21%
91 Days Treasury Bills · Government security
SOV
0.21%
UTI Asset Management Co Ltd
Capital Markets
0.20%
0.0%
Life Insurance Corporation of India
Insurance
0.17%
0.0%
Tata Chemicals Ltd.
Chemicals & Petrochemicals
0.16%
0.0%
Sundaram Finance Ltd.
Finance
0.14%
0.0%
Bharat Petroleum Corporation Ltd.
Petroleum Products
0.14%
New
Automotive Axles Ltd
Auto Components
0.13%
0.0%
182 Days Treasury Bills · Government security
SOV
0.13%
Can Fin Homes Ltd.
Finance
0.12%
0.0%
SKF INDIA Industrial Ltd.
Industrial Products
0.11%
−74.0%
Bank Of Baroda
Banks
0.10%
0.0%
91 Days Treasury Bills · Government security
SOV
0.10%
PNB Housing Finance Ltd.
Finance
0.10%
0.0%
Birla Corporation Ltd.
Cement & Cement Products
0.10%
0.0%
Carborundum Universal Ltd.
Industrial Products
0.10%
0.0%
LIC Housing Finance Ltd.
Finance
0.09%
0.0%
Tata Motors Passenger Vehicles Ltd.
Automobiles
0.09%
0.0%
ZF Commercial Vehicle Control Systems India Ltd
Auto Components
0.06%
0.0%
364 Days Treasury Bills · Government security
SOV
0.06%
Canara HSBC Life Insurance Co Ltd
Insurance
0.05%
New
Brigade Enterprises Ltd.
Realty
0.04%
0.0%
364 Days Treasury Bills · Government security
SOV
0.03%
GSPL India Transco Ltd
Gas
0.02%
0.0%
TVS Holdings Ltd.
CARE A1 +
0.01%
Sobha Ltd.
Realty
0.01%
0.0%
State Bank Of India
Banks
0.00%
0.0%
Britannia Industries Ltd.
Food Products
0.00%
0.0%
ICICI Prudential Business Cycle Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
ICICI Bank Ltd.
↓Reduced
−9.8%
6.70%
Larsen & Toubro Ltd.
↓Reduced
−7.8%
4.50%
Kotak Mahindra Bank Ltd.
↓Reduced
−15.9%
3.44%
Hyundai Motor India Ltd.
↓Reduced
−11.9%
1.81%
Interglobe Aviation Ltd.
↑Added
+8.8%
2.06%
Info Edge (India) Ltd.
↑Added
+4.5%
1.41%
Hindustan Aeronautics Ltd.
↓Reduced
−33.7%
0.93%
ICICI Lombard General Insurance Company Ltd.
↑Added
+8.8%
1.32%
Shree Cements Ltd.
↑Added
+7.3%
1.11%
Siemens Ltd.
↓Sold out
−100%
was 0.83%
TML Commercial Vehicles Ltd.
↓Reduced
−5.1%
0.67%
ABB India Ltd.
↓Sold out
−100%
was 0.72%
NHPC Ltd.
↑Added
+7.6%
0.52%
SKF INDIA Industrial Ltd.
↓Reduced
−74.0%
0.11%
Swiggy Ltd
↑Added
+8.3%
0.39%
Indian Oil Corporation Ltd.
↑New
New
0.37%
Power Grid Corporation Of India Ltd.
↑New
New
0.31%
Hindustan Petroleum Corporation Ltd.
↑New
New
0.28%
Credit Analysis And Research Ltd.
↑Added
+4.3%
0.26%
Ingersoll - Rand (India) Ltd
↓Sold out
−100%
was 0.25%
SIEMENS ENERGY INDIA LTD
↓Sold out
−100%
was 0.25%
Bharat Petroleum Corporation Ltd.
↑New
New
0.14%
Canara HSBC Life Insurance Co Ltd
↑New
New
0.05%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
ICICI Prudential Business Cycle Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.04%
Expense ratio (Regular)
1.86%
Category
Thematic
Risk
Not available
Benchmark
Nifty 500 TRI
Launch date
18-01-2021
Minimum investment
₹500
Minimum additional investment
₹500
AUM
₹14,889.04 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148651
ISIN (Direct)
INF109KC1P24
Scheme code (Regular)
148653
ISIN (Regular)
INF109KC1O90
NAV history
From 19-01-2021, 5.8 years
Exit load
1 % of applicable Net Asset Value If the amount sought to be redeemed or switch out within 1 months from allotment. Nil If the amount sought to be redeemed or switched out more than 1 months.
Tax on ICICI Prudential Business Cycle Fund returns
ICICI Prudential Business Cycle Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹24.68
29-10-2026
direct
IDCW
₹17.97
29-10-2026
regular
Growth
₹23.10
29-10-2026
regular
IDCW
₹16.51
29-10-2026
About ICICI Prudential Business Cycle Fund
ICICI Prudential Business Cycle Fund is a mutual fund from ICICI Prudential Mutual Fund. Its category is Thematic. It was launched on 18-01-2021. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 84 securities.
Fund Manager
Manish Banthia
Fund manager of ICICI Prudential Business Cycle Fund, since 19-01-2021
Manan Tijoriwala
Fund manager of ICICI Prudential Business Cycle Fund, since 29-08-2025
Divya Jain
Fund manager of ICICI Prudential Business Cycle Fund, since 01-01-2026
Frequently Asked Questions for ICICI Prudential Business Cycle Fund
What is the current NAV of ICICI Prudential Business Cycle Fund?
The Direct plan NAV is ₹24.68. The Regular plan NAV is ₹23.10, as on 29-10-2026.
What are the returns of ICICI Prudential Business Cycle Fund?
The Direct plan returned −9.46% in 1 year, +14.41% a year over 3 years, +13.57% a year over 5 years. The Regular plan returned −10.29% in 1 year, +13.33% a year over 3 years, +12.36% a year over 5 years. These figures are as on 29-10-2026.
What is the expense ratio of ICICI Prudential Business Cycle Fund?
The Direct plan charges 1.04% a year. The Regular plan charges 1.86% a year. This is the figure the fund house reported to AMFI, in force from 08-10-2026.
What is the AUM of ICICI Prudential Business Cycle Fund?
ICICI Prudential Business Cycle Fund managed ₹14,889.04 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of ICICI Prudential Business Cycle Fund?
At the end of September 2026 the largest holdings were HDFCBANK (9.57%), ICICIBANK (6.70%), RELIANCE (5.31%), LT (4.50%), MARUTI (3.95%). The fund held 84 securities in all.
What did ICICI Prudential Business Cycle Fund buy and sell in September 2026?
It bought 5 new stocks: Canara HSBC Life Insurance Co Ltd, Bharat Petroleum Corporation Ltd, Hindustan Petroleum Corporation Ltd, Indian Oil Corporation Ltd, Power Grid Corporation Of India Ltd. It sold out of 4: Siemens Ltd, ABB India Ltd, Ingersoll - Rand (India) Ltd, SIEMENS ENERGY INDIA LTD. It added shares in 7. It reduced 7.
How do I invest in ICICI Prudential Business Cycle Fund?
Through ICICI Prudential Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹500. You can invest once or through a monthly SIP.
Who is the fund manager of ICICI Prudential Business Cycle Fund?
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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