ICICI Prudential Business Cycle Fund
Value Research Rating
Our Opinion
Riskometer
Very High
₹24.1600 -0.49%
As on 15-May-2026
Returns
Risk
This fund has Very High risk.
As per SEBI's Riskometer.
Portfolio of ICICI Prudential Business Cycle Fund
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
ICICI Prudential Business Cycle Fund
|
|
Very High
|
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1.68 |
||
|
|
Very High
|
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2.18 |
|||
|
|
Very High
|
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2.06 |
|||
|
|
Very High
|
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2.70 |
|||
|
|
Very High
|
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3.16 |
Other details of ICICI Prudential Business Cycle Fund
Assets
₹15,813 Cr
Exit Load (Days)
1.00 (30)
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
1
Min. SIP Investment (₹)
100
Min. No of Cheques
6
About ICICI Prudential Business Cycle Fund
ICICI Prudential Business Cycle Fund is a equity mutual fund scheme of ICICI Prudential Mutual Fund. Launched on January 18, 2021, it is currently managed by Manish Banthia, Divya Jain and Manan Tijoriwala. The fund has an expense ratio of 1.68% with an overall AUM (Assets Under Management) of ₹15,813 Cr.
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. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹100.
Investment Strategy
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.
Suitability
Business Cycle funds are suitable for investors:
- Seeking exposure in a diversified set of stocks with a focus on riding business cycles for high returns
- Aiming for long term wealth creation
- With a 5+ year investment horizon
- Who are at ease with the market's ups and downs
Note:
- Invest only through SIP
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on ICICI Prudential Business Cycle Fund
FAQ for ICICI Prudential Business Cycle Fund
How to Invest in ICICI Prudential Business Cycle Fund?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of ICICI Prudential Business Cycle Fund through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, ICICI Prudential Business Cycle Fund can be bought from the ICICI Prudential Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of ICICI Prudential Business Cycle Fund Today?
The latest declared NAV of ICICI Prudential Business Cycle Fund, is ₹24.1600 as of 18-May-2026.
What are the top holdings of ICICI Prudential Business Cycle Fund?
| Company | Percentage of Portfolio |
|---|---|
|
9.35
|
|
|
7.20
|
|
|
7.05
|
|
|
5.77
|
|
|
4.05
|
What is the return of ICICI Prudential Business Cycle Fund in the last 5 years?
Over the past five years, ICICI Prudential Business Cycle Fund has delivered an annualised return of 17.28% as of 18-May-2026.
What is the minimum investment required in ICICI Prudential Business Cycle Fund?
The minimum investment required to start investing in ICICI Prudential Business Cycle Fund is ₹5,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
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