|Min SIP Amount||₹100|
|NAV||₹10.82 (24 Feb 2021)|
|Fund Started||18 Jan 2021|
|Fund Size||₹4,199 Cr|
ICICI Prudential Business Cycle Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 18 Jan 2021. Manish Banthia is the Current Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,199 Cr and the Latest NAV as of 24 Feb 2021 is ₹10.82.
The ICICI Prudential Business Cycle Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
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.