Can I invest in SIP and Lumpsum in ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in ICICI Pru Business Cycle Fund - Direct (IDCW). Minimum lumpsum investment ICICI Pru Business Cycle Fund - Direct (IDCW) is ₹5,000 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth?

The latest NAV (Net Asset Value) of ICICI Pru Business Cycle Fund - Direct (IDCW) is ICICI Pru Business Cycle Fund - Direct (IDCW) is ₹17.84 as on 2025-01-15.

Which are the biggest stock holdings of ICICI Pru Business Cycle Fund - Direct (IDCW)?

The 5 biggest stock holdings of ICICI Pru Business Cycle Fund - Direct (IDCW) are: HDFC Bank (8.65%), ICICI Bank (8.46%), Larsen & Toubro (6.15%), Reliance Industr (4.88%), Bharti Airtel (4.63%)

What are the top sectors ICICI Pru Business Cycle Fund - Direct (IDCW) invests in?

A majority of ICICI Pru Business Cycle Fund - Direct (IDCW) 's AUM worth ₹11,737.25 (Cr) is invested in these 3 top sectors: Banks : 19.75% Debt : 11.28% Automobiles : 7.98%

Mutual Funds
ICICI Pru Business Cycle Fund - Direct (IDCW)

ICICI Pru Business Cycle Fund - Direct (IDCW)

Sectoral / Thematic

Invest Now

NAV
17.84(0.22%)
Fund Size (CR)
₹11,737.25
Expense Ratio
0.73
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹0
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
22.59%

Absolute Return: -15.13%

Annualized Return: 0%

Basic Details

Scheme Manager

Anish Tawakley

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	8 January 2025	9758.02	-2.42%	-	-3.60%	106/828
1 Month	13 December 2024	9289.56	-7.10%	-	-7.13%	373/798
3 Month	15 October 2024	9214.37	-7.86%	-	-8.78%	287/764
6 Month	15 July 2024	9457.55	-5.42%	-	-4.68%	352/713
1 Year	15 January 2024	11418.17	14.18%	14.18%	14.94%	317/628
3 Year	14 January 2022	16651.14	66.51%	18.53%	15.44%	141/480
5 Year	-	-	0%	-	20.46%	-/-
Since Inception	18 January 2021	22562.30	125.62%	22.59%	14.21%	149/826

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 February 2024	1,20,000	135727.13	13.11%	13.11%
3 Year	1 February 2022	3,60,000	507868.66	41.07%	12.15%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.51%

Standard Deviation

0.82%

Beta

1.25%

Sharpe Ratio

0.12%

Treynor's Ratio

7.06%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	8.65%	5729107	1015.68	Equity	Banks
ICICI Bank	8.46%	7750118	993.29	Equity	Banks
Larsen & Toubro	6.15%	2002401	722.40	Equity	Infrastructure Developers & Operators
Reliance Industr	4.88%	4710602	572.55	Equity	Refineries
Bharti Airtel	4.63%	3424427	543.71	Equity	Telecomm-Service
Maruti Suzuki	4.36%	471173	511.62	Equity	Automobile
UltraTech Cem.	4.33%	444672	508.10	Equity	Cement
Sun Pharma.Inds.	3.33%	2069801	390.44	Equity	Pharmaceuticals
Axis Bank	3.26%	3589501	382.17	Equity	Banks
Cummins India	3.21%	1152559	377.35	Equity	Capital Goods-Non Electrical Equipment

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ICICI Pru Business Cycle Fund - Direct (IDCW)	11737.25	-7.10%	-7.86%	-5.42%	14.18%	18.53%
HDFC Pharma and Healthcare Fund - Direct (G)	1577.12	-1.50%	-2.34%	17.03%	39.77%	-
HDFC Pharma and Healthcare Fund - Direct (IDCW)	1577.12	-1.50%	-2.34%	17.03%	39.77%	-
ICICI Pru P.H.D Fund - Direct (IDCW)	5320.29	-0.71%	-3.27%	11.87%	36.11%	23.38%
ICICI Pru P.H.D Fund - Direct (G)	5320.29	-0.73%	-3.30%	11.86%	36.06%	23.39%
LIC MF Infrastructure Fund - Direct (G)	927.50	-10.12%	-9.94%	-8.32%	34.75%	27.69%

News

ICICI Prudential launches new fund focused on rural India's growth
ICICI Prudential Mutual Fund has launched the ICICI Prudential Rural Opportunities Fund, an open-ended equity scheme designed to capitalize on the growth of the Indian rural economy.
The fund aims to generate long-term capital appreciation by investing in companies that significantly contribute to or benefit from the growth of rural India. This includes companies with a strong presence in sectors like agriculture, rural infrastructure, consumer goods, and financial services.
The New Fund Offer (NFO) is open for subscription from January 16th to January 23rd, 2025. The minimum initial investment for the fund is Rs 5,000.
The scheme will be benchmarked against Nifty Rural Index TRI, which tracks the performance of stocks from the Nifty 500 Index, which represent the rural theme.
The fund seeks to capitalize on the significant growth potential of the Indian rural economy, which plays a crucial role in the country's overall development.
The fund will invest across various sectors, including automobiles, consumer durables, FMCG, and financial services, with a focus on companies with strong rural market penetration.
The fund will be managed by a seasoned team, including Sankaran Naren and Priyanka Khandelwal.
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ICICI Prudential MF announces Income Distribution cum Capital Withdrawal (IDCW) under Two schemes
ICICI Prudential Mutual Fund has announced 02 January 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
ICICI Prudential Multi'Asset Fund:
Regular Plan ' IDCW: 0.1600
Direct Plan ' IDCW: 0.1600
ICICI Prudential Equity'Arbitrage Fund:
Regular Plan ' IDCW: 0.0500
Direct Plan ' IDCW: 0.0500
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ICICI Prudential MF announces change in Fund Manager of the following schemes

ICICI Prudential Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 18 December 2024

Change in Fund Managers of the Schemes:

Scheme Name	Existing Fund Manager(s)	Revised Fund Manager(s)
ICICI Prudential Gold ETF	' Mr. Gaurav Chikane	' Mr. Gaurav Chikane ' Mr. Nishit Patel
ICICI Prudential Silver ETF	' Mr. Gaurav Chikane	' Mr. Gaurav Chikane ' Mr. Nishit Patel
BHARAT 22 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential BSE Midcap Select ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty 100 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty 50 Index Fund	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty 50 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty 100 Low Volatility 30 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Next 50 Index Fund	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty50 Value 20 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential BSE Sensex Index Fund	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential BSE Sensex ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential BSE 500 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential BHARAT 22 FOF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Next 50 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Bank ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Private Bank ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Midcap 150 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty IT ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF	' Ms. Priya Sidhar ' Mr. Nishit Patel	' Mr. Nishit Patel ' Ms. Ashwini Shinde
ICICI Prudential Nifty Healthcare ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde
ICICI Prudential Nifty FMCG ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Mr. Ajaykumar Solanki ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde ' Mr. Ajaykumar Solanki
ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF	' Ms. Priya Sidhar ' Mr. Nishit Patel	' Mr. Nishit Patel ' Ms. Ashwini Shinde
ICICI Prudential Nifty India Consumption ETF	' Ms. Priya Sidhar ' Mr. Nishit Patel ' Ms. Ashwini Shinde	' Mr. Nishit Patel ' Ms. Ashwini Shinde

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Fund House Details & Investment Objective

Date of Incorporation

29 December 2020

Total AUM (Cr)

₹11737.25

ICICI Pru Business Cycle Fund - Direct (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, ICICI Prudential Mutual Fund. Launched in 29 December 2020, this fund is managed by Anish Tawakley. With assets under management (AUM) worth ₹11,737.25 (Cr), as of 15 January 2025, ICICI Pru Business Cycle Fund - Direct (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 22.59% since its launch.
The current NAV of ICICI Pru Business Cycle Fund - Direct (IDCW) is ₹17.84, as on 15 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in ICICI Pru Business Cycle Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 1 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 1 months from the date of allotment The fund has generated 18.53% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 88.94% in Equity, 8.21% in Debt and 2.85% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 19.75% in Banks, 11.28% in Debt, 7.98% in Automobiles, 7.77% in Pharmaceuticals & Biotech, 7.45% in Cement & Cement Products

FAQs

How to Invest in ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth?

ICICI Pru Business Cycle Fund - Direct (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 22.59% since inception. Looking to invest in ICICI Pru Business Cycle Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in ICICI Pru Business Cycle Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, ICICI Pru Business Cycle Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in ICICI Pru Business Cycle Fund - Direct (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

How much returns has ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, ICICI Pru Business Cycle Fund - Direct (IDCW) has generated annualised return of 14.18%. In the long-term, the fund has generated 18.53% and - in 3 and 5 years respectively. Since its inception, the fund has generated 22.59% returns.

What is the expense ratio of ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth?

The expense ratio of ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth is 0.73%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of ICICI Pru Business Cycle Fund - Direct (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of ICICI Pru Business Cycle Fund - Direct (IDCW) is ₹11,737.25 (Cr) as of 2025-01-15 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from ICICI Pru Business Cycle Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of ICICI Pru Business Cycle Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from ICICI Pru Business Cycle Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case ICICI Pru Business Cycle Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).