ICICI Prudential Business Cycle Fund Direct Growth

Equity
Thematic
High Risk
Launch date29 Dec 2020
Allotment date18 Jan 2021
End date12 Jan 2021
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.75%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 month

Stamp duty

0.005% (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%.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Manan Tijoriwala
Aug 2025 - Present
View details

Education
Chartered Accountant, Chartered Financial Analyst (CFA - all three levels) and Postgraduate Programme in Management (PGP) from the Indian School of Business.
Experience
Prior to joining the ICICI Pru AMC, he was associated with Proud Securities and Credits Private Ltd, ICICI Bank Ltd.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#3 in India
Total AUM₹10,89,372.83Cr
Date of Incorporation12 Oct 1993

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. 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 ₹10,89,373 Cr and the Latest NAV as of 26 Dec 2025 is ₹27.13. 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 contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA