ICICI Prudential Business Cycle Fund Series 2 Direct Growth

ICICI Prudential Business Cycle Fund Series 2 Direct Growth

Equity
Diversified
Moderately High Risk
+16.68%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
All
NAV: 22 Feb '19
₹14.46
Min. SIP amount
Not Supported
Fund size
₹145.54 Cr
Expense ratio
1.48%

Minimum investments

Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported

Returns and rankings

Annualised returns
Absolute returns
Name6M1Y3YAll
Fund returns-2.2%+3.6%+16.7%+11.8%
Category average (Equity Diversified)+31.9%+66.0%+9.5%--
Rank (Equity Diversified)--44--

Exit load, stamp duty and tax

Exit load

Nil

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

from July 1st 2020

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data

About ICICI Prudential Business Cycle Fund Series 2 Direct Growth

ICICI Prudential Business Cycle Fund Series 2 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. The fund currently has an Asset Under Management(AUM) of ₹10,93,563 Cr and the Latest NAV as of 22 Feb 2019 is ₹14.46. The ICICI Prudential Business Cycle Fund Series 2 Direct Growth is rated Moderately High risk. ;

Investment Objective

The scheme seeks to provide capital appreciation by predominantly investing in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks.
Fund benchmarkBSE 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
CustodianNA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,