3 Year return

27.41%
Launched on December 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹10906.91 Cr.

Expense Ratio

0.76% (inclusive of GST)

Exit Load

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 1 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 1 months from the date of allotment

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

ICICI Prudential Mutual Fund Managers

AT

Anish Tawakley

Fund Manager since Apr 2022

View Details

Fund House Details

ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund Asset management company

AUM ₹777,435.79 Cr.
No. of Schemes 300
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by ICICI Prudential Mutual Fund

List of mutual fund schemes by AMC

About ICICI Prudential Business Cycle Fund Direct Plan Growth

ICICI Prudential Business Cycle Fund Direct Plan Growth is a mutual fund offered by ICICI Prudential Mutual Fund. This fund falls under the category of thematic funds. ICICI Prudential Business Cycle Fund Direct Plan Growth invests predominantly in the Indian equity market with a focus on riding the business cycle through a dynamic allocation of funds across various sectors at different stages of the business cycle.

Investment Objective of the Scheme

The scheme aims to generate long-term capital gains from investing in sectors and companies during different business cycles. The fund predominantly invests in a blend of high-quality large-cap, mid-cap, and small-cap stocks, and also allocates a small portion to debt securities.

Key Features of The Fund

5-year return NA
Expense Ratio 0.76%
Fund Manager Anish Tawakley
Fund Size ₹10906.91 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If your target is to generate long-term capital gains, the ICICI Prudential Business Cycle Fund Direct Plan Growth is a good investment option. The scheme allows investors to earn returns in different business cycles through a dynamic allocation of funds according to market conditions. This fund is highly risky. If you think the fund’s core investment strategy suits your overall investment goal and individual risk appetite, you may consider investing in the fund.

AMC Contact Details

Name ICICI Prudential Mutual Fund
Launch Date June 1993
Addresss One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051
Contact 18002006000 91 22 2652 5000
Email enquiry@icicipruamc.com
Website https://www.icicipruamc.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of ICICI Prudential Business Cycle Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of ICICI Prudential Business Cycle Fund Jul 12 2024 is 23.91

What is the AUM of ICICI Prudential Business Cycle Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of ICICI Prudential Business Cycle Fund is 10906.91 crore.

What is the expense ratio of ICICI Prudential Business Cycle Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of ICICI Prudential Business Cycle Fund is 0.76%

What are the returns of ICICI Prudential Business Cycle Fund since inception?

The ICICI Prudential Business Cycle Fund was launched on Dec 29 2020. The fund has delivered a CAGR of 28.47 since inception.

What is the minimum SIP amount to invest in ICICI Prudential Business Cycle Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for ICICI Prudential Business Cycle Fund is 100.

How do I invest in ICICI Prudential Business Cycle Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in ICICI Prudential Business Cycle Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in ICICI Prudential Business Cycle Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in ICICI Prudential Business Cycle Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.