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Fund Overview

Fund Size

Fund Size

₹15,808 Cr

Expense Ratio

Expense Ratio

1.68%

ISIN

ISIN

INF109KC1O90

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

18 Jan 2021

About this fund

ICICI Prudential Business Cycle Fund Regular Growth is a Equity - Other mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 5 years and 1 months, having been launched on 18-Jan-21.
As of 16-Feb-26, it has a Net Asset Value (NAV) of ₹25.65, Assets Under Management (AUM) of 15808.40 Crores, and an expense ratio of 1.68%.
  • ICICI Prudential Business Cycle Fund Regular Growth has given a CAGR return of 20.38% since inception.
  • The fund's asset allocation comprises around 97.87% in equities, 0.00% in debts, and 2.13% in cash & cash equivalents.
  • You can start investing in ICICI Prudential Business Cycle Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+19.97%

(Cat Avg.)

3 Years

+22.42%

(Cat Avg.)

5 Years

+18.93%

(Cat Avg.)

Since Inception

+20.38%

(Cat Avg.)

Portfolio Summaryas of 31st January 2026

Equity15,471.55 Cr97.87%
Others336.85 Cr2.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity1,511.85 Cr9.56%
ICICI Bank LtdEquity1,220.76 Cr7.72%
Larsen & Toubro LtdEquity1,059.01 Cr6.70%
TrepsCash - Repurchase Agreement848.2 Cr5.37%
Nifty 50 IndexEquity Index - Future758.6 Cr4.80%
Cash Offset For DerivativesCash - General Offset-758.6 Cr4.80%
Axis Bank LtdEquity711.77 Cr4.50%
Reliance Industries LtdEquity705.42 Cr4.46%
Maruti Suzuki India LtdEquity582.79 Cr3.69%
NTPC LtdEquity515.8 Cr3.26%
UltraTech Cement LtdEquity505.79 Cr3.20%
Xtrackers Harvest CSI 300 China A ETFMutual Fund - ETF490.09 Cr3.10%
Bharti Airtel LtdEquity452.59 Cr2.86%
Hero MotoCorp LtdEquity403.9 Cr2.55%
DLF LtdEquity371.84 Cr2.35%
HDFC Life Insurance Co LtdEquity364.94 Cr2.31%
Cummins India LtdEquity330.26 Cr2.09%
Asian Paints LtdEquity321.3 Cr2.03%
Mahindra & Mahindra LtdEquity290.65 Cr1.84%
SBI Life Insurance Co LtdEquity264.95 Cr1.68%
InterGlobe Aviation LtdEquity255.86 Cr1.62%
Vedanta LtdEquity217.51 Cr1.38%
Oil & Natural Gas Corp LtdEquity202.17 Cr1.28%
ICICI Prudential Life Insurance Co LtdEquity170.59 Cr1.08%
Bajaj Auto LtdEquity169.28 Cr1.07%
Hindustan Aeronautics Ltd Ordinary SharesEquity165.38 Cr1.05%
Prestige Estates Projects LtdEquity163.67 Cr1.04%
Power Grid Corp Of India LtdEquity155.44 Cr0.98%
Info Edge (India) LtdEquity151.37 Cr0.96%
Hyundai Motor India LtdEquity146.55 Cr0.93%
Page Industries LtdEquity142.1 Cr0.90%
Ashok Leyland LtdEquity133.47 Cr0.84%
Cash Margin - DerivativesCash - Collateral133.2 Cr0.84%
Shree Cement LtdEquity129.39 Cr0.82%
09/04/2026 Maturing 91 DTBBond - Gov't/Treasury118.82 Cr0.75%
Bank of BarodaEquity116.33 Cr0.74%
Siemens LtdEquity112.8 Cr0.71%
ABB India LtdEquity108.81 Cr0.69%
Oil India LtdEquity104.83 Cr0.66%
HDFC Asset Management Co LtdEquity100.54 Cr0.64%
NHPC LtdEquity98.42 Cr0.62%
Gujarat Pipavav Port LtdEquity97.1 Cr0.61%
PI Industries LtdEquity86.22 Cr0.55%
Triveni Turbine LtdEquity85.56 Cr0.54%
Timken India LtdEquity85.06 Cr0.54%
3M India LtdEquity84.22 Cr0.53%
Atul LtdEquity81.69 Cr0.52%
Oberoi Realty LtdEquity72.61 Cr0.46%
Ingersoll-Rand (India) LtdEquity70.76 Cr0.45%
Life Insurance Corporation of IndiaEquity68.4 Cr0.43%
Trent LtdEquity65.05 Cr0.41%
Tata Power Co LtdEquity62 Cr0.39%
SKF India (Industrial) LtdEquity60.64 Cr0.38%
Swiggy LtdEquity56.28 Cr0.36%
IndiaMART InterMESH LtdEquity50.27 Cr0.32%
Gujarat Narmada Valley Fertilizers & Chemicals LtdEquity49.34 Cr0.31%
Indian Energy Exchange LtdEquity48.4 Cr0.31%
TVS Holdings LtdEquity46.39 Cr0.29%
Supreme Industries LtdEquity44.45 Cr0.28%
Honeywell Automation India LtdEquity43.39 Cr0.27%
Affle 3i LtdEquity42.78 Cr0.27%
ICICI Lombard General Insurance Co LtdEquity41.81 Cr0.26%
Aarti Industries LtdEquity40.9 Cr0.26%
SKF India LtdEquity37.67 Cr0.24%
LIC Housing Finance LtdEquity33.72 Cr0.21%
CARE Ratings LtdEquity32.69 Cr0.21%
UTI Asset Management Co LtdEquity32.17 Cr0.20%
Amara Raja Energy & Mobility LtdEquity30.54 Cr0.19%
Gujarat State Petronet LtdEquity24.63 Cr0.16%
Automotive Axles LtdEquity21.19 Cr0.13%
Tata Motors LtdEquity20.74 Cr0.13%
Schaeffler India LtdEquity20.64 Cr0.13%
Can Fin Homes LtdEquity20.04 Cr0.13%
Birla Corp LtdEquity18.28 Cr0.12%
Tata Motors Passenger Vehicles LtdEquity15.83 Cr0.10%
Grindwell Norton LtdEquity15.61 Cr0.10%
Cipla LtdEquity15.04 Cr0.10%
Balkrishna Industries LtdEquity14.69 Cr0.09%
Supreme Petrochem LtdEquity10.94 Cr0.07%
GAIL (India) LtdEquity10.49 Cr0.07%
Net Current AssetsCash-5.89 Cr0.04%
Union Bank of IndiaEquity4.27 Cr0.03%
Sundaram Finance LtdEquity2.64 Cr0.02%
Camlin Fine Sciences LtdEquity0.73 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

73.54%

Mid Cap Stocks

9.60%

Small Cap Stocks

6.83%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services4,745.88 Cr30.02%
Industrials2,820.58 Cr17.84%
Consumer Cyclical1,996.07 Cr12.63%
Basic Materials1,462.09 Cr9.25%
Energy1,012.42 Cr6.40%
Utilities866.79 Cr5.48%
Communication Services697.01 Cr4.41%
Real Estate608.12 Cr3.85%
Healthcare15.04 Cr0.10%

Risk & Performance Ratios

Standard Deviation

This fund

11.54%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

1.23

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Manish Banthia

Manish Banthia

Since January 2021

AT

Anish Tawakley

Since January 2021

SD

Sharmila D'Silva

Since July 2022

DJ

Divya Jain

Since January 2026

MT

Manan Tijoriwala

Since August 2025

Additional Scheme Detailsas of 31st January 2026

ISIN
INF109KC1O90
Expense Ratio
1.68%
Exit Load
1.00%
Fund Size
₹15,808 Cr
Age
5 years 1 month
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund nameExpense RatioExit LoadFund size
1Y
ITI Business Cycle Fund Regular Growth

-0.0%--
ITI Business Cycle Fund Direct Growth

-0.0%--
DynaSIF Equity Long - Short Fund Regular Growth

High Risk

-0.0%--
DynaSIF Equity Long - Short Fund Direct Growth

High Risk

-0.0%--
Mirae Asset BSE India Defence ETF

Very High Risk

----
Kotak Services Fund Regular Growth

Very High Risk

-0.0%--
Kotak Services Fund Direct Growth

Very High Risk

-0.0%--
SBI Quality Fund Direct Growth

Very High Risk

-1.0%--
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

-0.0%--
Mirae Asset BSE India Defence ETF FOF Regular Growth

Very High Risk

-0.0%--
SBI Quality Fund Regular Growth

Very High Risk

-1.0%--
Motilal Oswal Nifty MNC ETF

Very High Risk

0.5%---
Groww Nifty PSE ETF FOF Regular Growth

Very High Risk

-0.0%--
Groww Nifty PSE ETF FOF Direct Growth

Very High Risk

-0.0%--
Groww Nifty PSE ETF

----
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth

Very High Risk

-1.0%--
iSIF Equity Ex-Top 100 Long-Short Fund Regular Growth

Very High Risk

-1.0%--
Mahindra Manulife Innovation Opportunities Fund Direct Growth

Very High Risk

-0.0%₹151.70 Cr-
Mahindra Manulife Innovation Opportunities Fund Regular Growth

Very High Risk

-0.0%₹151.70 Cr-
Groww Nifty Chemicals ETF

Very High Risk

--₹7.11 Cr-
Diviniti Equity Long Short Fund Direct Growth

Very High Risk

0.9%0.0%₹345.40 Cr-
Diviniti Equity Long Short Fund Regular Growth

Very High Risk

2.4%0.0%₹345.40 Cr-
DSP MSCI INDIA ETF

Very High Risk

0.4%-₹7.55 Cr-
Kotak Rural Opportunities Fund Regular Growth

Very High Risk

2.3%0.0%₹872.36 Cr-
Kotak Rural Opportunities Fund Direct Growth

Very High Risk

0.7%0.0%₹872.36 Cr-
Altiva Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹2093.32 Cr-
Magnum Hybrid Long Short Fund Regular Growth

Low to Moderate Risk

-0.0%₹2854.82 Cr-
Altiva Hybrid Long-Short Fund Regular Growth

Low to Moderate Risk

-0.0%₹2093.32 Cr-
Magnum Hybrid Long Short Fund Direct Growth

Low to Moderate Risk

-0.0%₹2854.82 Cr-
ICICI Prudential Conglomerate Fund Regular Growth

Moderately High risk

2.3%1.0%₹857.22 Cr-
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.2%1.0%₹857.22 Cr-
qsif Equity Long-Short Fund Direct Growth

Very High Risk

-1.0%₹561.11 Cr-
qsif Equity Long-Short Fund Regular Growth

Very High Risk

-1.0%₹561.11 Cr-
The Wealth Company Ethical Fund Direct Growth

Very High Risk

0.8%0.0%₹39.19 Cr-
The Wealth Company Ethical Fund Regular Growth

Very High Risk

2.3%0.0%₹39.19 Cr-
Baroda BNP Paribas Business Conglomerates Fund Direct Growth

Very High Risk

0.6%1.0%₹731.13 Cr-
Baroda BNP Paribas Business Conglomerates Fund Regular Growth

Very High Risk

2.3%1.0%₹731.13 Cr-
Motilal Oswal Nifty Alpha 50 ETF

Very High Risk

0.5%-₹5.45 Cr-
Kotak Active Momentum Fund Direct Growth

Very High Risk

0.8%0.0%₹1340.30 Cr-
Kotak Active Momentum Fund Regular Growth

Very High Risk

2.1%0.0%₹1340.30 Cr-
Motilal Oswal Special Opportunities Fund Direct Growth

Very High Risk

2.5%1.0%₹65.50 Cr-
Motilal Oswal Special Opportunities Fund Regular Growth

Very High Risk

2.6%1.0%₹65.50 Cr-
Bandhan Multi-Factor Fund Regular Growth

Very High Risk

2.4%0.0%₹623.68 Cr-
Bandhan Multi-Factor Fund Direct Growth

Very High Risk

0.8%0.0%₹623.68 Cr-
ICICI Prudential Active Momentum Fund Direct Growth

Moderate Risk

0.9%1.0%₹1448.27 Cr-
ICICI Prudential Active Momentum Fund Regular Growth

Moderate Risk

2.1%1.0%₹1448.27 Cr-
Axis Services Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹1725.11 Cr-
Axis Services Opportunities Fund Regular Growth

Very High Risk

2.1%1.0%₹1725.11 Cr-
Nippon India MNC Fund Direct Growth

Very High Risk

1.2%1.0%₹425.65 Cr-
Nippon India MNC Fund Regular Growth

Very High Risk

2.5%1.0%₹425.65 Cr-

About the AMC

ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund

Total AUM

₹11,50,127 Cr

Address

3rd Floor, Hallmark Business Plaza, Mumbai, 400 051

Other Funds by ICICI Prudential Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth

Very High Risk

-1.0%--
iSIF Hybrid Long-Short Fund Direct Growth

Very High Risk

-1.0%--
ICICI Prudential Conglomerate Fund Direct Growth

Moderately High risk

1.2%1.0%₹857.22 Cr-
ICICI Prudential Active Momentum Fund Direct Growth

Moderate Risk

0.9%1.0%₹1448.27 Cr-
ICICI Prudential Nifty Private Bank Index Fund Direct Growth

Very High Risk

0.3%0.0%₹21.30 Cr-
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth

Very High Risk

0.3%0.0%₹25.32 Cr-
ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹23.03 Cr-
ICICI Prudential Quality Fund Direct Growth

Very High Risk

0.8%1.0%₹2297.64 Cr-
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Direct Growth

Very High Risk

0.7%0.0%₹31.73 Cr-
ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹445.71 Cr-
ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹8.51 Cr-
ICICI Prudential Rural Opportunities Fund Direct Growth

Moderate Risk

0.9%1.0%₹2244.73 Cr20.9%
ICICI Prudential Nifty 500 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹66.51 Cr14.3%
ICICI Prudential Equity Minimum Variance Fund Direct Growth

Very High Risk

0.8%1.0%₹3685.20 Cr15.7%
ICICI Prudential Nifty200 Value 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹136.35 Cr40.9%
ICICI Prudential Energy Opportunities Fund Direct Growth

Very High Risk

0.6%1.0%₹9891.84 Cr26.1%
ICICI Prudential Fixed Maturity Plan Series 89 91 Days Plan G Direct Growth

Low to Moderate Risk

----
ICICI Prudential Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹242.20 Cr16.9%
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹109.32 Cr4.8%
ICICI Prudential Fixed Maturity Plan Series 88 182 Days Plan J Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 125 Days Plan H Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1199 Days Plan Q Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1858 Days Plan D Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Fixed Maturity Plan Series 88 1226 Days Plan F Direct Growth

Low Risk

--₹129.54 Cr6.9%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹40.95 Cr13.9%
ICICI Prudential Fixed Maturity Plan Series 88 1828 Days Plan A Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1833 Days Plan C Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1192 Days Plan R Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 95 Days Plan B Direct Growth

Moderately High risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1303 Days Plan S Direct Growth

Low to Moderate Risk

-0.0%₹62.28 Cr7.3%
ICICI Prudential Fixed Maturity Plan Series 88 226 Days Plan E Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Thematic Advantage Fund (FOF) Direct Growth

Very High Risk

0.9%1.0%₹8693.30 Cr12.3%
ICICI Prudential Floating Interest Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹7195.72 Cr8.2%
ICICI Prudential Gilt Fund Direct Growth

Low to Moderate Risk

0.6%0.0%₹9240.09 Cr6.6%
ICICI Prudential All Seasons Bond Fund Direct Growth

Moderately High risk

0.6%0.0%₹14826.27 Cr7.4%
ICICI Prudential Long Term Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹1010.73 Cr4.6%
ICICI Prudential Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹52164.97 Cr6.4%
ICICI Prudential Innovation Fund Direct Growth

Very High Risk

0.7%1.0%₹7598.67 Cr15.0%
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth

Very High Risk

1.2%1.0%₹86.05 Cr17.9%
ICICI Prudential Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2916.99 Cr6.3%
ICICI Prudential Smallcap Fund Direct Growth

Very High Risk

0.8%1.0%₹8122.70 Cr13.4%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

1.0%1.0%₹6969.01 Cr28.7%
ICICI Prudential Infrastructure Fund Direct Growth

Very High Risk

1.1%1.0%₹8076.55 Cr18.3%
ICICI Prudential Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹15179.76 Cr13.0%
ICICI Prudential Regular Savings Fund Direct Growth

High Risk

1.0%1.0%₹3333.86 Cr9.5%
ICICI Prudential Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹35024.96 Cr7.4%
ICICI Prudential Nifty Next 50 Index Direct Growth

Very High Risk

0.3%0.0%₹8102.77 Cr18.0%
ICICI Prudential Regular Gold Savings (FOF) Direct Growth

High Risk

0.6%1.0%₹6338.49 Cr73.9%
ICICI Prudential Credit Risk Fund Direct Growth

Very High Risk

0.8%1.0%₹5939.88 Cr10.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of ICICI Prudential Business Cycle Fund Regular Growth, as of 16-Feb-2026, is ₹25.65.
The fund has generated 19.97% over the last 1 year and 22.42% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.87% in equities, 0.00% in bonds, and 2.13% in cash and cash equivalents.
The fund managers responsible for ICICI Prudential Business Cycle Fund Regular Growth are:-
  1. Manish Banthia
  2. Anish Tawakley
  3. Sharmila D'Silva
  4. Divya Jain
  5. Manan Tijoriwala
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