July 5, 2022
mayank
ICICI Prudential Business Cycle Fund Guidance
NAV Growth : Rs 12.4900
NAV IDCW : Rs 12.4900
Suitable For Which Investors ?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks 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.
Fund Manager :
— Anish Tawakley
Education : Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi
Experience : Prior joining to ICICI AMC he has worked with Barclays India – Equity Research, Credit Suisse India – Equity research – Indian financial services sector.
— Lalit Kumar
Education : Mr. Kumar is a PGDM (IIM) and B.Tech in Electrical Engineering (IIT).
Experience : Prior to joining ICICI Prudential Mutual Fund, he has worked with East Bridge Advisors Pvt. Ltd, Nomura Financial Advisory & Securities, Merrill Lynch and Cypress Semiconductors.
— Manish Banthia
Education : Mr. Banthia is B.Com, CA and MBA
Experience : 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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 30 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 18-Jan-21 |
| Return Since Launch: | 16.48% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 5,145 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.54% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 66.00% |
ICICI Prudential Business Cycle Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Business Cycle Fund Direct-G | -2.65 | 0.56 | 0.48 | -2.65 | -7.14 | -4.66 | 7.91 | — | — | — | — |
| S&P BSE 500 TRI | -9.16 | 0.6 | 0.27 | -4.09 | -11.84 | -11.05 | 1.18 | — | — | — | — |
ICICI Prudential Business Cycle Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Business Cycle Fund | Unrated | Jan-21 | 7.91 | — | — | 0.54% | 5,145 |
| ICICI Prudential Thematic Advantage Fund (FOF) | Unrated | Jan-13 | 4.97 | 19.34 | 12.92 | 0.23% | 13,152 |
| ICICI Prudential India Opportunities Fund | Unrated | Jan-19 | 13.98 | 17.69 | — | 0.71% | 4,692 |
| ICICI Prudential Housing Opportunities Fund | Unrated | Apr-22 | — | — | — | 0.32% | 3,097 |
| Aditya Birla Sun Life Business Cycle Fund | Unrated | Dec-21 | — | — | — | 0.28% | 2,239 |
Portfolio Analysis
| Number of Stocks | 61 |
| Top 10 Stocks (%) | 49.16 |
| Top 5 Stocks (%) | 32.87 |
| Top 3 Sectors (%) | 45.3 |
| Portfolio P/B Ratio | 2.53 |
| Portfolio P/E Ratio | 19.9 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,65,777 | 1,21,193 |
| Giant (%) | 59.01 | 44.17 |
| Large (%) | 22.51 | 27.64 |
| Mid (%) | 14.86 | 23.21 |
| Small (%) | 3.62 | 8.6 |
| Tiny (%) | — | — |
ICICI Prudential Business Cycle Fund Guidance by Chanakya :
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
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