ITI Business Cycle Fund Direct-Growth NFO

January 30, 2026

RA Jainee

ITI Business Cycle Fund – Direct | Growth

📌 Fund Snapshot & Key Details (Master Table)

Particulars	Details
Fund House	ITI Mutual Fund
Scheme Type	Open-ended
Category	Equity: Thematic-Business Cycle
Benchmark	NIFTY 500 TRI
NFO Opens	13 February 2026
NFO Closes	27 February 2026
Plan / Option	Growth, IDCW
Minimum Investment (Rs.)	5000
Exit Load	0.5% for redemption within 3 months
Lock-in Period	NA
Riskometer	Very High
Registrar	KFin Technologies Ltd.

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⏱️ Last Updated: 30 January 2026, 10.00 AM

📊 Benchmark Trend & Behaviour – NIFTY 500 TRI

The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.

Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.

Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.

Benchmark Performance Snapshot

Index Returns (%) #	QTD	YTD	1 Year	5 Years	Since Inception
Price Return	5.00	6.69	6.69	15.69	10.77
Total Return	5.13	7.76	7.76	16.88	12.45

Statistics ##	1 Year	5 Years	Since Inception
Std. Deviation *	13.26	14.32	22.04
Beta (NIFTY 50)	1.07	0.99	0.94
Correlation (NIFTY 50)	0.95	0.97	0.95

Fundamentals

P/E	P/B	Dividend Yield
24.45	3.71	1.15

Benchmark Portfolio Characteristics

Methodology	Free Float Market Capitalization
No. of Constituents	501
Launch Date
Base Date	January 01, 1995
Base Value	1000
Calculation Frequency	Real-Time
Index Rebalancing	Semi-Annually

Sahifund Insight:
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🧠 Investment Strategy – Explained Simply

The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

👤 Fund Manager & Past Performance – ITI Business Cycle Fund Direct-Growth

Fund Manager

Alok Ranjan
• Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
• Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.

Nilay Dalal
• Mr. Nilay holds a degree in B.E (Computer) from D.J Sanghvi College of Engg & master’s in management studies in KJ Somaiya Institute of Management Studies & Research.
• Prior to joining ITI Mutual Fund, he has with Axis Asset Management Company, SBI Life Insurance Company Ltd & MAQ Software Pvt Ltd.

Past Performance of Fund Manager

Sahifund Interpretation:
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🎯 Suitable for Which Investors?

Suitable if you:

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❓ Should You Invest in This NFO?

⚠️ Disclaimer

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.

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