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Unrated

ICICI Prudential Business Cycle Fund - Direct Plan


Equity: Thematic

Suitability:

This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.

We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • 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 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • 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. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.68 0.26 6.12 7.60 -- -- -- -- -- --
S&P BSE 500 TRI -- -0.71 0.97 8.61 8.37 -- -- -- -- -- --

As on 16-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Business Cycle Fund - Direct Plan  | Invest Now
Unrated
Jan-21 -- -- -- 0.31 4,973
ICICI Prudential India Opportunities Fund - Direct Plan  | Invest Now
Unrated
Jan-19 80.14 -- -- 0.68 3,875
Axis Special Situations Fund - Direct Plan
Unrated
Dec-20 -- -- -- 0.47 2,307
HDFC Housing Opportunities Fund - Direct Plan  | Invest Online
Unrated
Dec-17 68.68 9.29 -- 1.21 1,808
Sundaram Services Fund - Direct Plan
Unrated
Sep-18 72.01 -- -- 0.97 1,482

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.86 29-Jan-2021 - 05-Feb-2021 -3.92 10-Mar-2021 - 18-Mar-2021
Month 10.25 25-Jan-2021 - 25-Feb-2021 -6.34 12-Mar-2021 - 12-Apr-2021
Quarter 8.77 28-Jan-2021 - 29-Apr-2021 2.22 18-Feb-2021 - 20-May-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 15.83 22.84 0.50 0.59 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 53
Top 10 Stocks (%) 53.53
Top 5 Stocks (%) 34.72
Top 3 Sectors (%) 58.31
Portfolio P/B Ratio 2.11
Portfolio P/E Ratio 20.08

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,51,180 1,00,603
Giant (%) 60.82 42.12
Large (%) 19.24 25.53
Mid (%) 12.82 21.72
Small (%) 7.12 14.70
Tiny (%) -- 0.25

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Larsen & Toubro Construction 18.08 9.81 4.70 9.81
equal Axis Bank Financial 31.93 7.89 4.61 7.68
up Reliance Industries Energy 30.44 7.32 4.44 7.04
up Bharti Airtel Communication -- 5.42 2.37 5.17
equal ICICI Bank Financial 24.10 5.01 4.50 5.01
equal HDFC Bank Financial 25.73 5.85 1.99 4.87
down Bharat Petroleum Corporation Energy 6.46 4.47 1.60 4.39
up Maruti Suzuki India Automobile 48.95 3.60 0.00 3.60
down State Bank of India Financial 16.97 3.55 2.36 3.14
up SBI Life Insurance Company Financial 68.13 2.82 0.00 2.82
equal Oil & Natural Gas Corporation Energy 175.32 2.74 1.18 2.59
down Hindalco Inds. Metals 24.53 3.77 2.24 2.41
equal NTPC Energy 15.46 2.70 1.53 2.35
equal Bank of America Financial -- 1.65
equal GAIL Energy 11.69 1.62 0.73 1.62
equal Grasim Industries Construction 22.47 1.72 0.00 1.62
equal TVS Motor Company Automobile 49.73 1.62 0.60 1.48
equal Conoco Phillips Energy -- 1.46
down Tata Steel Metals 18.36 3.18 1.36 1.36
up Tata Motors DVR Automobile -- 1.36 0.55 1.36
equal Cummins India Engineering 37.06 1.32 0.83 1.05
equal Gujarat Pipavav Port Services 25.32 0.97 0.35 0.97
equal City Union Bank Financial 20.91 0.95 0.00 0.90
equal LIC Housing Fin. Financial 9.11 0.88 0.63 0.88
equal Tata Chemicals Chemicals 73.22 1.03 0.00 0.86

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Anish Tawakley since 29-Dec-2020

Education: Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi

Experience: Prior joining to ICICI AMC he has worked with Barclays India - Equity Research, Credit Suisse India - Equity research - Indian financial services sector,

Interviews:

Funds Managed:

— Ihab Dalwai since 29-Dec-2020

Education: Mr. Dalwai is a Chartered Accountant.

Experience: He is associated with ICICI Prudential AMC since April 2011.

Funds Managed:

— Lalit Kumar since 16-Jan-2021

Education: Mr. Kumar is a PGDM (IIM) and B.Tech in Electrical Engineering (IIT).

Experience: Prior to joining ICICI Prudential Mutual Fund, he has worked with East Bridge Advisors Pvt. Ltd, Nomura Financial Advisory & Securities, Merrill Lynch and Cypress Semiconductors.

Funds Managed:

— Manish Banthia since 29-Dec-2020

Education: Mr. Banthia is B.Com, CA and MBA

Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Funds Managed:


-0.68%

Change from previous, NAV as on 16-Jun-2021

Growth: ₹ 11.6100

IDCW: ₹ 11.6100


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 18-Jan-2021
Return Since Launch: 16.10%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 4,973 Cr (As on 31-May-2021)
Expense: 0.31% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: --
Turnover: 2.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM