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ITI Business Cycle Fund Direct Growth
NAV: 02 Apr '26
₹9.69
Min. for SIP
₹500
Fund size (AUM)
--
Expense ratio
0.46%
Rating
--
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -- | -- | -- | -2.7% |
| Category average (null null) | -- | -- | -- | -- |
| Rank (null null) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.50%, if redeemed within 3 months.
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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | +0.70% | +19.25% | 67,641.50 | |
Franklin India Mid Cap Fund Direct Growth | -2.33% | +19.05% | 12,327.87 | |
Franklin India Small Cap Fund Direct Growth | -1.63% | +16.70% | 12,934.43 | |
HDFC Small Cap Fund Direct Growth | +1.20% | +16.31% | 37,423.94 | |
Franklin India Technology Fund Direct Growth | -6.24% | +14.69% | 1,670.19 | |
| Compare | ||||
Fund management
ARAlok RanjanFeb 2026 - PresentView details
AR
Alok Ranjan
Feb 2026 - Present
View details
NDNilay DalalFeb 2026 - PresentView details
ND
Nilay Dalal
Feb 2026 - Present
View details
RBRajesh BhatiaFeb 2026 - PresentView details
RB
Rajesh Bhatia
Feb 2026 - Present
View details
About ITI Business Cycle Fund Direct Growth
ITI Business Cycle Fund Direct Growth is a -- Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors on 14 May 2018. Alok Ranjan is the Current Fund Manager of ITI Business Cycle Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,936 Cr and the Latest NAV as of 02 Apr 2026 is ₹9.69.
The ITI Business Cycle Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.50%, if redeemed within 3 months.
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Investment Objective
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)--
Total AUM₹10,936.13 Cr
Date of Incorporation14 May 2018
Launch Date14 May 2018
AddressITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,