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ITI Business Cycle Fund Growth
NAV: 17 Apr '26
₹10.23
Min. for SIP
₹500
Fund size (AUM)
₹92.78 Cr
Expense ratio
2.34%
Rating
--
Holdings (47)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.39% |
| Reliance Industries Ltd. | Energy | Equity | 4.14% |
| ICICI Bank Ltd. | Financial | Equity | 3.86% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.86% |
| NTPC Ltd. | Energy | Equity | 2.45% |
| Oil And Natural Gas Corporation Ltd. | Energy | Equity | 2.21% |
| Coal India Ltd. | Energy | Equity | 2.09% |
| Lupin Ltd. | Healthcare | Equity | 1.79% |
| State Bank of India | Financial | Equity | 1.73% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 1.67% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 1.67% |
| JB Chemicals & Pharmaceuticals Ltd. | Healthcare | Equity | 1.57% |
| RBL Bank Ltd. | Financial | Equity | 1.53% |
| Infosys Ltd. | Technology | Equity | 1.50% |
| Ajanta Pharma Ltd. | Healthcare | Equity | 1.49% |
| Data Patterns (India) Ltd. | Capital Goods | Equity | 1.42% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.30% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 1.26% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.26% |
| Jindal Steel Ltd. | Metals & Mining | Equity | 1.25% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 1.20% |
| Sundaram Finance Ltd. | Financial | Equity | 1.05% |
| Hindustan Copper Ltd. | Metals & Mining | Equity | 1.04% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.04% |
| Aditya Birla Sun Life AMC Ltd. | Financial | Equity | 1.04% |
| Natco Pharma Ltd. | Healthcare | Equity | 1.00% |
| Oil India Ltd. | Energy | Equity | 0.98% |
| ITC Ltd. | Consumer Staples | Equity | 0.97% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.96% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 0.90% |
| Axis Bank Ltd. | Financial | Equity | 0.88% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 0.87% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 0.87% |
| Vedanta Ltd. | Metals & Mining | Equity | 0.84% |
| Shriram Finance Ltd | Financial | Equity | 0.81% |
| Bharti Airtel Ltd. | Communication | Equity | 0.78% |
| National Aluminium Company Ltd. | Metals & Mining | Equity | 0.65% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 0.63% |
| Bharat Forge Ltd. | Automobile | Equity | 0.61% |
| The Jammu & Kashmir Bank Ltd. | Financial | Equity | 0.56% |
| Bajaj Finance Ltd. | Financial | Equity | 0.56% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 0.49% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.43% |
| JSW Steel Ltd. | Metals & Mining | Equity | 0.27% |
| BSE Ltd. | Services | Equity | 0.26% |
| Bajaj Auto Ltd. | Automobile | Equity | 0.25% |
| Eicher Motors Ltd. | Automobile | Equity | 0.24% |
See All
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 | +1.5% | -- | -- | +0.2% |
| 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.
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 Growth
ITI Business Cycle Fund 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,995 Cr and the Latest NAV as of 17 Apr 2026 is ₹10.23.
The ITI Business Cycle Fund 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.
;
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₹9,994.74 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,