- AMC
- ICICI Prudential Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF109KC1P24
ICICI Prudential Business Cycle Fund
₹24.9500
−₹0.2900 (−1.15%)
NAV · Direct · Growth ·
ICICI Prudential Business Cycle Fund's Direct Growth NAV was ₹24.9500 on 19 Oct 2026, down 1.15% on the day. Its 3-year return is 13.66% a year.
- Expense ratio
- 1.86%
- Fund size
- ₹15,773.88 Cr
- Min. investment
- ₹500
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹23.7600 to ₹27.6700.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Fund details
- Expense ratio
- 1.86% (Direct)
- Exit load
- 1% if redeemed or switched out within 1 month from allotment, nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty 500 TRI
- Launched
- 29 Dec 2020
- Fund managers
- Divya Jain, Manish Banthia, Manan Tijoriwala
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF109KC1P24 | ₹24.9500 | −1.15% | 1.86% | −7.01% |
| Regular · Growth | INF109KC1O90 | ₹23.3500 | −1.18% | 1.86% | −7.89% |
| Direct · IDCW | INF109KC1P40 | ₹18.1600 | −1.20% | 1.86% | −13.89% |
| Regular · IDCW | INF109KC1P16 | ₹16.6900 | −1.18% | 1.86% | −15.19% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
ICICI Prudential Business Cycle Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
ICICI Prudential Business Cycle Fund is an open-ended mutual fund from ICICI Prudential Mutual Fund, in the Sectoral/ Thematic category. It began on 29 Dec 2020. It is benchmarked to the Nifty 500 TRI. The fund manages ₹15,773.88 Cr across its plans as of 16 Oct 2026. The Direct · Growth plan has an expense ratio of 1.86%. The minimum first investment is ₹500, and SIPs are available.
FAQs
What is the NAV of ICICI Prudential Business Cycle Fund?
The NAV of ICICI Prudential Business Cycle Fund (Direct · Growth) was ₹24.9500 on 19 Oct 2026, down 1.15% from the previous NAV.
What plans does ICICI Prudential Business Cycle Fund have?
ICICI Prudential Business Cycle Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of ICICI Prudential Business Cycle Fund?
The Direct · Growth plan of ICICI Prudential Business Cycle Fund has an expense ratio of 1.86%.
What is the fund size (AUM) of ICICI Prudential Business Cycle Fund?
ICICI Prudential Business Cycle Fund manages ₹15,773.88 Cr across all plans as of 16 Oct 2026.
What returns has ICICI Prudential Business Cycle Fund delivered?
ICICI Prudential Business Cycle Fund returned −7.01% over 1Y, +13.66% a year over 3Y, +13.34% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of ICICI Prudential Business Cycle Fund?
ICICI Prudential Business Cycle Fund: 1% if redeemed or switched out within 1 month from allotment, nil thereafter.
What is the minimum investment and SIP amount for ICICI Prudential Business Cycle Fund?
The minimum first investment in ICICI Prudential Business Cycle Fund is ₹500, and ₹500 after that. SIPs are available (SIP available with frequencies: Daily, Weekly, Fortnightly, Monthly, Quarterly. Minimum amount Rs. 100 for Daily/Weekly/Fortnightly/Monthly and Rs. 5000 for Quarterly. Minimum 6 instalments for Daily/Weekly/Fortnightly/Monthly and 4 for Quarterly.).
How risky is ICICI Prudential Business Cycle Fund?
ICICI Prudential Business Cycle Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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