ITI Business Cycle Fund Regular Growth

Fund Overview

Fund Size

₹115 Cr

Expense Ratio

3.54%

ISIN

INF00XX01DJ5

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

09 Mar 2026

About this fund

ITI Business Cycle Fund Regular Growth is a Equity - Other mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 5 months and 19 days, having been launched on 09-Mar-26.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹10.59, Assets Under Management (AUM) of 115.24 Crores, and an expense ratio of 3.54%.

ITI Business Cycle Fund Regular Growth has given a CAGR return of 5.90% since inception.
The fund's asset allocation comprises around 97.74% in equities, 0.00% in debts, and 2.26% in cash & cash equivalents.
You can start investing in ITI 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.

Since Inception

+5.90%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity	₹112.63 Cr	97.74%
Others	₹2.6 Cr	2.26%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹5.42 Cr	4.71%
HDFC Bank Ltd	Equity	₹4.1 Cr	3.56%
Bajaj Finance Ltd	Equity	₹3.25 Cr	2.82%
Reliance Industries Ltd	Equity	₹3.13 Cr	2.72%
Treps 03-Aug-2026	Cash - Repurchase Agreement	₹2.37 Cr	2.06%
State Bank of India	Equity	₹2.14 Cr	1.86%
Titan Co Ltd	Equity	₹2.1 Cr	1.83%
Shriram Finance Ltd	Equity	₹2.06 Cr	1.79%
Turtlemint Fintech Solutions Ltd	Equity	₹1.98 Cr	1.71%
Laurus Labs Ltd	Equity	₹1.93 Cr	1.67%
RBL Bank Ltd	Equity	₹1.72 Cr	1.49%
Ipca Laboratories Ltd	Equity	₹1.7 Cr	1.47%
AU Small Finance Bank Ltd	Equity	₹1.68 Cr	1.46%
Pidilite Industries Ltd	Equity	₹1.66 Cr	1.44%
Apollo Hospitals Enterprise Ltd	Equity	₹1.66 Cr	1.44%
Grasim Industries Ltd	Equity	₹1.66 Cr	1.44%
Redington Ltd	Equity	₹1.65 Cr	1.43%
Nestle India Ltd	Equity	₹1.61 Cr	1.39%
Adani Ports & Special Economic Zone Ltd	Equity	₹1.59 Cr	1.38%
SBI Funds Management Ltd	Equity	₹1.57 Cr	1.36%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹1.56 Cr	1.36%
Divi's Laboratories Ltd	Equity	₹1.56 Cr	1.36%
Radico Khaitan Ltd	Equity	₹1.54 Cr	1.34%
TVS Motor Co Ltd	Equity	₹1.54 Cr	1.34%
Coal India Ltd	Equity	₹1.52 Cr	1.32%
BSE Ltd	Equity	₹1.51 Cr	1.31%
Eternal Ltd	Equity	₹1.51 Cr	1.31%
IDFC First Bank Ltd	Equity	₹1.49 Cr	1.30%
Oberoi Realty Ltd	Equity	₹1.49 Cr	1.29%
Bharat Forge Ltd	Equity	₹1.48 Cr	1.29%
Ajanta Pharma Ltd	Equity	₹1.47 Cr	1.28%
Gokaldas Exports Ltd	Equity	₹1.46 Cr	1.27%
Torrent Pharmaceuticals Ltd	Equity	₹1.45 Cr	1.26%
Cummins India Ltd	Equity	₹1.45 Cr	1.26%
Dr. Lal PathLabs Ltd	Equity	₹1.43 Cr	1.24%
Delhivery Ltd	Equity	₹1.43 Cr	1.24%
Jubilant Ingrevia Ltd Ordinary Shares	Equity	₹1.42 Cr	1.24%
Lupin Ltd	Equity	₹1.42 Cr	1.23%
Marico Ltd	Equity	₹1.42 Cr	1.23%
L&T Finance Ltd	Equity	₹1.41 Cr	1.22%
Affle 3i Ltd	Equity	₹1.38 Cr	1.20%
Hindalco Industries Ltd	Equity	₹1.38 Cr	1.19%
Aurobindo Pharma Ltd	Equity	₹1.37 Cr	1.19%
Biocon Ltd	Equity	₹1.34 Cr	1.16%
Bharat Heavy Electricals Ltd	Equity	₹1.34 Cr	1.16%
Deepak Fertilisers & Petrochemicals Corp Ltd	Equity	₹1.32 Cr	1.15%
Solar Industries India Ltd	Equity	₹1.29 Cr	1.12%
Krishna Institute of Medical Sciences Ltd	Equity	₹1.29 Cr	1.12%
IIFL Finance Ltd	Equity	₹1.29 Cr	1.12%
Navin Fluorine International Ltd	Equity	₹1.27 Cr	1.10%
Yes Bank Ltd	Equity	₹1.27 Cr	1.10%
Aster DM Quality Care Ltd Ordinary Shares	Equity	₹1.26 Cr	1.10%
Infosys Ltd	Equity	₹1.26 Cr	1.09%
Cholamandalam Investment and Finance Co Ltd	Equity	₹1.24 Cr	1.07%
FSN E-Commerce Ventures Ltd	Equity	₹1.23 Cr	1.07%
Rainbow Childrens Medicare Ltd	Equity	₹1.23 Cr	1.07%
Multi Commodity Exchange of India Ltd	Equity	₹1.22 Cr	1.06%
Adani Power Ltd	Equity	₹1.21 Cr	1.05%
ABB India Ltd	Equity	₹1.21 Cr	1.05%
Neuland Laboratories Ltd	Equity	₹1.2 Cr	1.04%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹1.18 Cr	1.02%
Data Patterns (India) Ltd	Equity	₹1.18 Cr	1.02%
Elgi Equipments Ltd	Equity	₹1.14 Cr	0.99%
Usha Martin Ltd	Equity	₹1.11 Cr	0.96%
Central Mine Planning & Design Institute Ltd	Equity	₹1.1 Cr	0.95%
Syrma SGS Technology Ltd	Equity	₹1.07 Cr	0.93%
City Union Bank Ltd	Equity	₹1.05 Cr	0.91%
Borosil Renewables Ltd Ordinary Shares	Equity	₹1.04 Cr	0.90%
Great Eastern Shipping Co Ltd	Equity	₹1.03 Cr	0.89%
Steel Authority Of India Ltd	Equity	₹1 Cr	0.87%
NMDC Ltd	Equity	₹0.98 Cr	0.85%
DCB Bank Ltd	Equity	₹0.96 Cr	0.84%
Finolex Cables Ltd	Equity	₹0.95 Cr	0.82%
National Aluminium Co Ltd	Equity	₹0.55 Cr	0.47%
Ceat Ltd	Equity	₹0.51 Cr	0.45%
Net Receivables / (Payables)	Cash	₹0.23 Cr	0.20%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹36.54 Cr	31.71%
Healthcare	₹20.32 Cr	17.63%
Basic Materials	₹16.3 Cr	14.15%
Industrials	₹11.3 Cr	9.81%
Consumer Cyclical	₹9.85 Cr	8.54%
Technology	₹5.02 Cr	4.35%
Energy	₹4.65 Cr	4.03%
Consumer Defensive	₹4.57 Cr	3.96%
Real Estate	₹1.49 Cr	1.29%
Communication Services	₹1.38 Cr	1.20%
Utilities	₹1.21 Cr	1.05%

Risk & Performance Ratios

Fund Managers

Alok Ranjan

Since March 2026

Nilay Dalal

Since March 2026

Rajesh Bhatia

Since March 2026

Additional Scheme Detailsas of 31st July 2026

ISIN

INF00XX01DJ5

Expense Ratio

3.54%

Exit Load

No Charges

Fund Size

₹115 Cr

Age

5 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TRI Index

Investment 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

Capital Gains Taxation:

Dividend Taxation:

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 name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Quality Fund Regular Growth Very High Risk	-	1.0%	-	-
Motilal Oswal Quality Fund Direct Growth Very High Risk	-	1.0%	-	-
JioBlackRock Sector Rotation Fund Regular Growth Very High Risk	-	0.0%	₹162.77 Cr	-
SageOne India Growth GIFT Fund Regular Growth Very High Risk	-	-	₹3.04 Cr	-2.4%
Motilal Oswal Nifty Metal ETF Very High Risk	-	-	-	-
SBI Nifty Midcap 150 Momentum 50 ETF FOF Direct Growth Very High Risk	-	1.0%	-	-
SBI Nifty Midcap 150 Momentum 50 ETF FOF Regular Growth Very High Risk	-	1.0%	-	-
Groww Nifty Cements ETF Very High Risk	-	-	-	-
Baroda BNP Paribas Services Fund Regular Growth Very High Risk	-	1.0%	-	-
Baroda BNP Paribas Services Fund Direct Growth Very High Risk	-	1.0%	-	-
HDFC Nifty Metal ETF Very High Risk	0.3%	-	-	-
DSP Nifty Midcap 150 Quality 50 ETF Very High Risk	0.5%	-	₹99.06 Cr	3.3%
NJ Momentum Fund Direct Growth Very High Risk	-	0.0%	-	-
NJ Momentum Fund Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty Smallcap 250 Momentum Quality 100 ETF Very High Risk	0.6%	-	₹6.80 Cr	-
360 ONE MSCI India ETF Very High Risk	1.7%	-	₹6.74 Cr	-
Motilal Oswal BSE Select IPO ETF Very High Risk	0.7%	-	₹5.88 Cr	-
SBI Nifty Midcap 150 Momentum 50 ETF Very High Risk	0.8%	-	₹10.55 Cr	-
Aditya Birla Sun Life MSCI India ETF Very High Risk	0.2%	-	₹11.27 Cr	-
ITI Business Cycle Fund Regular Growth Very High Risk	3.5%	0.0%	₹115.24 Cr	-
ITI Business Cycle Fund Direct Growth Very High Risk	1.8%	0.0%	₹115.24 Cr	-
Mirae Asset BSE India Defence ETF Very High Risk	0.3%	-	₹147.11 Cr	-
Kotak Services Fund Regular Growth Very High Risk	2.4%	0.0%	₹758.75 Cr	-
Kotak Services Fund Direct Growth Very High Risk	1.0%	0.0%	₹758.75 Cr	-
SBI Quality Fund Direct Growth Very High Risk	1.3%	1.0%	₹2524.85 Cr	-
Mirae Asset BSE India Defence ETF FOF Direct Growth Very High Risk	0.4%	0.0%	₹102.82 Cr	-
Mirae Asset BSE India Defence ETF FOF Regular Growth Very High Risk	0.9%	0.0%	₹102.82 Cr	-
SBI Quality Fund Regular Growth Very High Risk	2.4%	1.0%	₹2524.85 Cr	-
Motilal Oswal Nifty MNC ETF Very High Risk	0.6%	-	₹2.47 Cr	-
JioBlackRock Sector Rotation Fund Direct Growth Very High Risk	0.9%	0.0%	₹162.77 Cr	-
Groww Nifty PSE ETF FOF Regular Growth Very High Risk	0.5%	0.0%	₹11.80 Cr	-
Groww Nifty PSE ETF FOF Direct Growth Very High Risk	0.2%	0.0%	₹11.80 Cr	-
Groww Nifty PSE ETF Very High Risk	0.5%	-	₹17.37 Cr	-
Mahindra Manulife Innovation Opportunities Fund Direct Growth Very High Risk	0.9%	0.0%	₹236.43 Cr	-
Mahindra Manulife Innovation Opportunities Fund Regular Growth Very High Risk	2.5%	0.0%	₹236.43 Cr	-
Groww Nifty Chemicals ETF Very High Risk	0.5%	-	₹11.92 Cr	-
Motilal Oswal Nifty Services Sector ETF Very High Risk	0.6%	-	₹6.13 Cr	-
Groww Nifty Metal ETF Very High Risk	0.5%	-	₹41.90 Cr	-
DSP MSCI INDIA ETF Very High Risk	0.4%	-	₹3.33 Cr	-
Kotak Rural Opportunities Fund Regular Growth Very High Risk	2.4%	0.0%	₹806.95 Cr	-
Kotak Rural Opportunities Fund Direct Growth Very High Risk	0.8%	0.0%	₹806.95 Cr	-
ANGEL ONE NIFTY TOTAL MARKET MOMENTUM QUALITY 50 ETF Very High Risk	0.7%	-	₹15.66 Cr	-
Kotak Nifty Chemicals ETF Very High Risk	0.3%	-	₹106.09 Cr	-
ICICI Prudential Conglomerate Fund Regular Growth Moderately High risk	2.4%	1.0%	₹820.84 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.3%	1.0%	₹820.84 Cr	-
DSP Nifty500 Flexicap Quality 30 ETF Very High Risk	0.9%	-	₹14.79 Cr	-
Kotak Nifty 200 Momentum 30 ETF Very High Risk	0.3%	-	₹32.30 Cr	-
The Wealth Company Ethical Fund Direct Growth Very High Risk	0.6%	0.0%	₹39.97 Cr	-
The Wealth Company Ethical Fund Regular Growth Very High Risk	2.0%	0.0%	₹39.97 Cr	-
Groww Nifty Realty ETF Very High Risk	0.5%	-	₹16.38 Cr	-

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹11,803 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Multi Asset Allocation Fund Direct Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	1.8%	0.0%	₹115.24 Cr	-
Diviniti Equity Long Short Fund Direct Growth High Risk	2.9%	0.0%	₹333.78 Cr	-
ITI Bharat Consumption Fund Direct Growth Very High Risk	1.0%	0.0%	₹370.07 Cr	4.7%
ITI Large & Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹740.26 Cr	8.0%
ITI Focused Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹612.21 Cr	13.8%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹47.95 Cr	6.2%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹162.51 Cr	6.5%
ITI Multi Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹1468.28 Cr	15.8%
ITI Value Fund Direct Growth Very High Risk	1.6%	0.0%	₹358.90 Cr	9.6%
ITI Conservative Hybrid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹14.80 Cr	8.9%
ITI Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹26.56 Cr	4.1%
ITI Balanced Advantage Fund Direct Growth Very High Risk	1.6%	0.0%	₹353.79 Cr	2.8%
ITI Small Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹3454.00 Cr	24.6%
ITI Large Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹367.41 Cr	2.7%
ITI Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹33.47 Cr	5.4%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹386.46 Cr	12.9%
ITI Arbitrage Fund Direct Growth Low Risk	1.1%	0.0%	₹71.10 Cr	6.3%
ITI Overnight Fund Direct Growth Low Risk	0.2%	0.0%	₹16.27 Cr	5.0%
ITI Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1479.84 Cr	16.8%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹455.42 Cr	9.8%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	1.0%	0.0%	₹262.84 Cr	14.9%
ITI Flexi Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1467.30 Cr	16.3%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of ITI Business Cycle Fund Regular Growth?

The NAV of ITI Business Cycle Fund Regular Growth, as of 27-Aug-2026, is ₹10.59.

What is the portfolio composition of ITI Business Cycle Fund Regular Growth?

The fund's allocation of assets is distributed as 97.74% in equities, 0.00% in bonds, and 2.26% in cash and cash equivalents.

Who manages the ITI Business Cycle Fund Regular Growth?

The fund managers responsible for ITI Business Cycle Fund Regular Growth are:-

Alok Ranjan
Nilay Dalal
Rajesh Bhatia

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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ITI Business Cycle Fund Regular Growth

Fund Overview