Sharpe ratio
0.92Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
-0.81%1Y Absolute Return
-0.81%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| ICICI Prudential Business Cycle Fund Direct Plan GrowthFund 5Y annualised return | ₹10,67,847 | ₹7,32,612 | ₹3,35,235 | +15.12% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.19
₹1 Lakh since launch₹1.19 Lakh
Fund age5.8 yrs
Fund information
Scheme code148651
ISININF109KC1P24
BenchmarkNIFTY 500 TRI
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio0.95%
Exit loadExit load of 1% if redeemed within 1 month
Minimum SIP₹100 SIP
Return comparison
614th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +175.77% | — | — |
| 3M | +5.85% | — | — |
| 6M | +10.49% | — | — |
| 1Y | -0.81% | — | +4.16% |
| 3Y | +16.53% | — | +12.54% |
| 5Y | +15.12% | — | +10.04% |
| Since Launch | +18.62% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.33Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
14.93%How much the fund’s returns fluctuate over time.
Moderate volatility
Returns can move up and down noticeably.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.29How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Equity95.13%
Cash4.31%
Debt0.56%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 83 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| HDFC Bank Ltd | Financial | Equity | 9.7386% |
| ICICI Bank Ltd | Financial | Equity | 7.6775% |
| Larsen & Toubro Ltd | Industrials | Equity | 7.0177% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 5.3381% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 4.302% |
| Repo | Unspecified | Repo | 4.0627% |
| Axis Bank Ltd | Financial | Equity | 3.4873% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.3023% |
| Bharti Airtel Ltd | Technology | Equity | 3.0917% |
| Xtrackers Harvest CSI 300 China A-Shares ETF | Unspecified | Foreign Mutual Funds | 3.0133% |
Fund management
DI
Divya Jain
Since 2025 · Prior to joining the ICICI MF, she was associated with Ultratech Cements Ltd.
CA, CFA level-1 and B.Com
MA
Manan Tijoriwala
Since 2025 · Prior to joining the ICICI Pru AMC, he was associated with Proud Securities and Credits Private Ltd, ICICI Bank Ltd.
Chartered Accountant, Chartered Financial Analyst (CFA - all three levels) and Postgraduate Programme in Management (PGP) from the Indian School of Business.
MA
Manish Banthia
Since 2020 · He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Mr. Banthia is B.Com, CA and MBA
Compare similar funds
No comparable category funds are available yet.
Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 4.0 points. Ranks 614 of 932 in its category over 1 year.
Strengths
- Ahead of its category average over 3Y by 4.0 points.
- Losses and swings stayed contained — worst fall -14.4%, volatility 14.9%.
- Recovered from its worst fall in 3 months.
- Same fund manager for 6+ years — the strategy has not chopped and changed.
Weaknesses
- Ranks 614 of 932 in its category over 1 year.
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 14.9% volatility.
Risk drivers
- None