ICICI Pru Business Cycle Reg Gr

Sectoral/ ThematicICICI Prudential Mutual Fund

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NAV

₹23.27

-0.51% today

AUM

₹15,873.28 Cr

Fund size

Expense

1.81%

Regular plan

Min SIP

₹100

per month

Min Lumpsum

₹500

one-time

Exit Load

1.0

on redemption

Fund snapshot

Category rank--

Risk-o-meterVery High Risk

BenchmarkNifty 500 TR INR (100%)

Number of holdings81

Inception18 Jan 2021

Exit load1.0

Risk metrics

Alpha0

Beta0

Sharpe ratio-0.13

Standard deviation16.73%

Sortino ratio-0.16

Capital gains tax

Equity

STCG · short-term

20%

Short-term gains taxed at 20%

Applies when equity fund units are sold within 12 months.

LTCG · long-term

12.5%

Long-term gains taxed at 12.5%

Applies when equity fund units are sold after 12 months.

Equity-oriented mutual fund taxation applies based on holding period.

Fund managers

Manish BanthiaLead

Since Jan 2021

AUM managed

₹4,59,754.05Cr

Tenure

Since Jan 2021

Funds

About ICICI Pru Business Cycle Reg Gr

ICICI Pru Business Cycle Reg Gr is an open-ended Sectoral/ Thematic mutual fund scheme offered by ICICI Prudential Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹23.27 per unit and the scheme manages ₹15,873.28 Cr in assets under management. The fund charges an expense ratio of 1.81% and is benchmarked against Nifty 500 TR INR (100%). Over the trailing 5 years, ICICI Pru Business Cycle Reg Gr has delivered +12.11% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.

Investment objective

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. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Regular Plan · Growth option · NAV as of 14 Oct 2026

ICICI Pru Business Cycle Reg Gr returns

Trailing returns. Periods above one year are annualised (CAGR); one year and below are absolute.
Period	Fund
1 month	-2.92%
3 months	-5.87%
6 months	-3.48%
1 year	-6.51%
3 years	+12.37%
5 years	+12.11%

Rolling returns

Average return across every rolling window of this length over the fund's history.
Period	Fund
3 months	+1.85%
6 months	-2.79%
1 year	+2.02%
3 years	+55.70%
5 years	+113.33%

Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.

ICICI Pru Business Cycle Reg Gr — frequently asked questions

What is the NAV of ICICI Pru Business Cycle Reg Gr?

The latest net asset value (NAV) of ICICI Pru Business Cycle Reg Gr is ₹23.27 per unit, -0.51% over the previous trading day. NAV is declared by the AMC at the end of every business day.

What returns has ICICI Pru Business Cycle Reg Gr delivered?

ICICI Pru Business Cycle Reg Gr has returned +12.11% over the trailing 5 years (1 year: -6.51%, 3 years: +12.37%). Returns beyond one year are annualised. Past performance does not guarantee future returns.

What is the expense ratio of ICICI Pru Business Cycle Reg Gr?

ICICI Pru Business Cycle Reg Gr charges an expense ratio of 1.81% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.

How risky is ICICI Pru Business Cycle Reg Gr?

SEBI's riskometer classifies ICICI Pru Business Cycle Reg Gr as Very High Risk, which is typical for a Sectoral/ Thematic scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.

What is the minimum investment in ICICI Pru Business Cycle Reg Gr?

You can start a SIP in ICICI Pru Business Cycle Reg Gr from ₹100 per month, and the minimum lumpsum investment is ₹500.

Who manages ICICI Pru Business Cycle Reg Gr?

ICICI Pru Business Cycle Reg Gr is managed by ICICI Prudential Mutual Fund, holds ₹15,873.28 Cr in assets under management and invests across 81 holdings. This page covers the regular plan with the growth option.

Scheme identifiers

Fund house: ICICI Prudential Mutual Fund
Scheme category: Equity
Scheme sub-category: Sectoral/ Thematic
Plan: Regular plan
Option: Growth
ISIN: INF109KC1O90
Scheme code: FS0000GJ71

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