ICICI Prudential Business Cycle Fund Direct Growth

ICICI Prudential Business Cycle Fund Direct Growth

Equity
Thematic
Very High Risk
+23.18%
3Y annualised
-0.15% 1D
1M
6M
1Y
3Y
All
NAV: 16 Jan '26
₹26.95
Min. SIP amount
₹100
Fund size
₹15,958.05 Cr
Expense ratio
0.74%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹66,297
+10.50%
3 years₹1,80,000₹2,48,531
+38.07%

Holdings (78)

NameSectorInstrumentsAssets
HDFC Bank Ltd.FinancialEquity9.70%
ICICI Bank Ltd.FinancialEquity7.58%
Larsen & Toubro Ltd.ConstructionEquity6.67%
Reliance Industries Ltd.EnergyEquity4.97%
Axis Bank Ltd.FinancialEquity4.13%
Maruti Suzuki India Ltd.AutomobileEquity3.76%
Bharti Airtel Ltd.CommunicationEquity3.03%
NTPC Ltd.EnergyEquity2.99%
Xtrackers Harvest CSI 300 China A-Shares ETFFinancialForeign MF2.95%
Ultratech Cement Ltd.ConstructionEquity2.92%
Hero Motocorp Ltd.AutomobileEquity2.64%
DLF Ltd.ConstructionEquity2.36%
Cummins India Ltd.Capital GoodsEquity2.23%
HDFC Life Insurance Co Ltd.InsuranceEquity2.21%
Asian Paints Ltd.ChemicalsEquity2.01%
Vedanta Ltd.Metals & MiningEquity1.89%
Mahindra & Mahindra Ltd.AutomobileEquity1.77%
SBI Life Insurance Company Ltd.InsuranceEquity1.69%
Oil And Natural Gas Corporation Ltd.EnergyEquity1.49%
Interglobe Aviation Ltd.ServicesEquity1.33%
ICICI Prudential Life Insurance Company Ltd.InsuranceEquity1.16%
Bajaj Auto Ltd.AutomobileEquity1.03%
Info Edge (India) Ltd.ServicesEquity1.01%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.98%
Prestige Estates Projects Ltd.ConstructionEquity0.94%
Page Industries Ltd.TextilesEquity0.93%
Shree Cement Ltd.ConstructionEquity0.77%
Ashok Leyland Ltd.AutomobileEquity0.76%
Reserve Bank of IndiaFinancialT-Bills0.75%
Bank Of BarodaFinancialEquity0.72%
Power Grid Corporation Of India Ltd.EnergyEquity0.70%
Oil India Ltd.EnergyEquity0.67%
Gujarat Pipavav Port Ltd.ServicesEquity0.66%
HDFC Asset Management Company Ltd.FinancialEquity0.64%
ABB India Ltd.Capital GoodsEquity0.63%
NHPC Ltd.EnergyEquity0.62%
Hyundai Motor India Ltd.AutomobileEquity0.62%
PI Industries Ltd.ChemicalsEquity0.55%
Timken India Ltd.Capital GoodsEquity0.54%
3M India Ltd.Consumer StaplesEquity0.54%
Siemens Ltd.Capital GoodsEquity0.53%
Atul Ltd.ChemicalsEquity0.50%
Oberoi Realty Ltd.ConstructionEquity0.48%
Life Insurance Corporation of IndiaInsuranceEquity0.44%
Ingersoll-Rand (India) Ltd.Capital GoodsEquity0.44%
Trent Ltd.ServicesEquity0.42%
Tata Power Company Ltd.EnergyEquity0.40%
Indian Energy Exchange Ltd.ServicesEquity0.38%
SKF India (Industrial) Ltd.Capital GoodsEquity0.36%
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.ChemicalsEquity0.33%
Swiggy Ltd.ServicesEquity0.32%
Indiamart Intermesh Ltd.ServicesEquity0.32%
Triveni Turbine Ltd.ConstructionEquity0.31%
Affle 3I Ltd.TechnologyEquity0.29%
Honeywell Automation India Ltd.Capital GoodsEquity0.27%
TVS Holdings Ltd.AutomobileEquity0.27%
Supreme Industries Ltd.ChemicalsEquity0.27%
SKF India Ltd.Capital GoodsEquity0.26%
Aarti Industries Ltd.ChemicalsEquity0.26%
UTI Asset Management Company Ltd.FinancialEquity0.23%
LIC Housing Finance Ltd.FinancialEquity0.22%
Union Bank of IndiaFinancialEquity0.21%
Amara Raja Energy & Mobility LtdCapital GoodsEquity0.21%
Care Ratings Ltd.ServicesEquity0.20%
Balkrishna Industries Ltd.AutomobileEquity0.19%
Gujarat State Petronet Ltd.EnergyEquity0.16%
Schaeffler India Ltd.Capital GoodsEquity0.14%
Automotive Axles Ltd.AutomobileEquity0.13%
Can Fin Homes Ltd.FinancialEquity0.13%
Tata Motors Ltd.AutomobileEquity0.12%
Birla Corporation Ltd.ConstructionEquity0.12%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity0.10%
Grindwell Norton Ltd.Metals & MiningEquity0.10%
GAIL (India) Ltd.EnergyEquity0.07%
Reserve Bank of IndiaFinancialT-Bills0.06%
Sundaram Finance Ltd.FinancialEquity0.02%
Camlin Fine Sciences Ltd.ChemicalsEquity0.00%
Reliance Industries Ltd.EnergyFutures-0.00%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns+3.9%+17.6%+23.2%+21.9%
Category average (Equity Thematic)-1.0%-0.6%+16.8%--
Rank (Equity Thematic)--11--

Exit load, stamp duty and tax

Exit load

Exit load of 1% if redeemed within 1 month

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data

Fund management

DJ
Divya Jain
Jan 2026 - Present
View details

Education
CA, CFA level-1 and B.Com
Experience
Prior to joining the ICICI MF, she was associated with Ultratech Cements Ltd.

About ICICI Prudential Business Cycle Fund Direct Growth

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 12 Oct 1993. Divya Jain is the Current Fund Manager of ICICI Prudential Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,93,563 Cr and the Latest NAV as of 16 Jan 2026 is ₹26.95. The ICICI Prudential Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 1 month ;

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 benchmarkNIFTY 500 Total Return Index

Fund house

Rank (total assets)#3 in India
Total AUM₹10,93,563.13 Cr
Date of Incorporation12 Oct 1993
PhoneNA
E-mailNA
Launch Date12 Oct 1993
AddressOne BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
CustodianCitibank NA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,