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ITI Business Cycle Fund- Direct Plan-IDCW
★★★★★ monitor_heart Health Score: 78/100 · GoodICICI Prudential Mutual Fund · Equity · Thematic
₹10.27
AUM: ₹16,137 Cr
NAV updated 12 days ago
Plan
Direct
Option
Idcw
Risk
Very High
Expense Ratio
0.95%
Exit Load
Exit load of 1% if redeemed within 1 month
Fund Manager
Manish Banthia
Inception
Jan 2021
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
0.92
Std Dev (1Y)
12.36%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+5.71%
3m
+3.37%
6m
-1.33%
1y
+2.74%
3y
+18.61%
5y
+18.17%
10y
—
since inception
+5.37%
rate_review TopFund's Take on ITI Business Cycle Fund- Direct Plan-IDCW
ITI Business Cycle Fund- Direct Plan-IDCW holds up reasonably well within the Thematic category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 78/100.
Cost: At 0.95%, the expense ratio is meaningfully cheaper — about 17% below the Thematic category average of 1.15% (based on 590 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.92 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 12.36% is fairly typical for actively managed equity funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about ITI Business Cycle Fund- Direct Plan-IDCW
The current NAV (Net Asset Value) of ITI Business Cycle Fund- Direct Plan-IDCW is ₹10.27. NAV is updated every business day after market close by AMFI.
1Y: 2.74% · 3Y CAGR: 18.61% · 5Y CAGR: 18.17%
The expense ratio is 0.95% per annum — the annual fee deducted from your investment to cover fund management costs.
ITI Business Cycle Fund- Direct Plan-IDCW is managed by Manish Banthia at ICICI Prudential Mutual Fund.
ITI Business Cycle Fund- Direct Plan-IDCW is a Very High risk fund. Suitable for aggressive investors with a 5+ year horizon.
ITI Business Cycle Fund- Direct Plan-IDCW is a Thematic fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of ITI Business Cycle Fund- Direct Plan-IDCW is ₹16,138 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.