ITI Business Cycle Fund Direct Growth

Very High Risk
Launch date13 Feb 2026
Allotment date09 Mar 2026
End date27 Feb 2026
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 0.50%, if redeemed within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

Understand terms

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Alok Ranjan
Feb 2026 - Present
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Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Also manages these schemes

Nilay Dalal
Feb 2026 - Present
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Education
Mr. Nilay holds a degree in B.E (Computer) from D.J Sanghvi College of Engg & master’s in management studies in KJ Somaiya Institute of Management Studies & Research.
Experience
Prior to joining ITI Mutual Fund, he has with Axis Asset Management Company, SBI Life Insurance Company Ltd & MAQ Software Pvt Ltd.
Also manages these schemes

Rajesh Bhatia
Feb 2026 - Present
View details

Education
Mr. Bhatia has done B.Com, ACMA and CFA
Experience
Prior to joining ITI Mutual Fund, he was associated with The Investment Trust Of India Ltd, Simto Investment Company Ltd, ProAlpha Systematic Capital, Heritage India Advisors Ltd and Reliance Capital Asset Management Ltd
Also manages these schemes

Fund house & investment objective

Rank (total assets)NA
Total AUM₹10,809.77Cr
Date of Incorporation14 May 2018

ITI Business Cycle Fund Direct Growth is a NA 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 ₹10,810 Cr and the Latest NAV as of 13 Feb 2026 is ₹10.00. 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. ;

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 contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Launch Date
14 May 2018

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