FAQ : ICICI Prudential Business Cycle Fund - Growth - Direct Plan

ICICI Prudential Business Cycle Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 43.71 21.17 N/A N/A
Average Rolling Returns(%) 26.40 25.57 N/A N/A

The Current NAV of ICICI Prudential Business Cycle Fund - Growth - Direct Plan is ₹23.31.

It is better to invest in a fund with a longer track record as ICICI Prudential Business Cycle Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

ICICI Prudential Business Cycle Fund - Growth - Direct Plan fund’s expense ratio is 0.73%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Business Cycle Fund - Growth - Direct Plan is currently ₹11,782 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Larsen & Toubro and account for 20% of its portfolio. Top 5 and 10 stocks of fund account for 30% and 48% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Business Cycle Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Auto accounting for 59% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Business Cycle Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - Other.

Anish Tawakley and Manish Banthia manage the ICICI Prudential Business Cycle Fund - Growth - Direct Plan Fund.

ICICI Prudential Business Cycle Fund - Growth - Direct Plan current PE ratio is 38.12 and PB ratio is 6.24

The asset allocation of ICICI Prudential Business Cycle Fund - Growth - Direct Plan is Stocks : 85.72%, Debt : 11.18% and Gold : 3.12%

The minimum SIP amount for ICICI Prudential Business Cycle Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for ICICI Prudential Business Cycle Fund - Growth - Direct Plan is 1% on or before 1 months, Nil after 1 months

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