ICICI Prudential Business Cycle Fund
ICICI Prudential Mutual Fund · FM: Manish Banthia, Sharmila D'Silva, Divya Jain, Manan Tijoriwala · INF109KC1P24 · Direct
NAV ₹25.70 AUM ₹16123 Cr as of 21 Sep 2026
Portfolio as of Jul 2026 · Last Update: 16-Aug-2026 05:00 PM IST
Returns
| 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | Rank (1Y) | TER | |
|---|---|---|---|---|---|---|---|---|---|
| Fund | +0.5% | -3.7% | -3.5% | +7.7% | -3.2% | +15.0% | +15.7% | 172/234 | 1.01% |
Equity allocation
89.65%
Non-equity allocation (combined)
10.35%
All Equity Holdings (72) as of Jul 2026
| # | Company | Value (₹ Cr) | % of AUM | Change |
|---|---|---|---|---|
| 1 | HDFC Bank Ltd. | 1489.3 | 9.24% | — |
| 2 | ICICI Bank Ltd. | 1230.2 | 7.63% | — |
| 3 | Reliance Industries Ltd. | 870.7 | 5.40% | — |
| 4 | Larsen & Toubro Ltd. | 840.2 | 5.21% | — |
| 5 | Maruti Suzuki India Ltd. | 700.1 | 4.34% | — |
| 6 | Kotak Mahindra Bank Ltd. | 570.3 | 3.54% | — |
| 7 | Bharti Airtel Ltd. | 546.0 | 3.39% | — |
| 8 | DLF Ltd. | 473.0 | 2.93% | — |
| 9 | Mahindra & Mahindra Ltd. | 453.4 | 2.81% | — |
| 10 | HDFC Life Insurance Company Ltd. | 450.1 | 2.79% | — |
| 11 | Ultratech Cement Ltd. | 447.9 | 2.78% | — |
| 12 | Hero Motocorp Ltd. | 404.6 | 2.51% | — |
| 13 | NTPC Ltd. | 366.0 | 2.27% | — |
| 14 | Hyundai Motor India Ltd. | 329.0 | 2.04% | — |
| 15 | Asian Paints Ltd. | 321.1 | 1.99% | — |
| 16 | Interglobe Aviation Ltd. | 318.9 | 1.98% | — |
| 17 | Prestige Estates Projects Ltd. | 316.0 | 1.96% | — |
| 18 | SBI Life Insurance Company Ltd. | 277.3 | 1.72% | — |
| 19 | Hindustan Aeronautics Ltd. | 251.1 | 1.56% | — |
| 20 | Trent Ltd. | 226.7 | 1.41% | — |
| 21 | Axis Bank Ltd. | 215.2 | 1.33% | — |
| 22 | Info Edge (India) Ltd. | 208.2 | 1.29% | — |
| 23 | ICICI Prudential Life Insurance Company Ltd. | 181.6 | 1.13% | — |
| 24 | Shree Cements Ltd. | 179.8 | 1.11% | — |
| 25 | Ashok Leyland Ltd. | 149.6 | 0.93% | — |
| 26 | ICICI Lombard General Insurance Company Ltd. | 142.2 | 0.88% | — |
| 27 | Triveni Turbine Ltd. | 124.2 | 0.77% | — |
| 28 | Siemens Ltd. | 123.6 | 0.77% | — |
| 29 | Cummins India Ltd. | 122.8 | 0.76% | — |
| 30 | ABB India Ltd. | 116.6 | 0.72% | — |
| 31 | HDFC Asset Management Company Ltd. | 115.0 | 0.71% | — |
| 32 | Atul Ltd. | 109.0 | 0.68% | — |
| 33 | Tata Motors Ltd. | 108.8 | 0.68% | — |
| 34 | Page Industries Ltd. | 99.0 | 0.61% | — |
| 35 | PI Industries Ltd. | 95.3 | 0.59% | — |
| 36 | NHPC Ltd. | 88.8 | 0.55% | — |
| 37 | Gujarat Pipavav Port Ltd. | 87.3 | 0.54% | — |
| 38 | Oberoi Realty Ltd. | 83.5 | 0.52% | — |
| 39 | Supreme Industries Ltd. | 76.6 | 0.48% | — |
| 40 | Aarti Industries Ltd. | 74.6 | 0.46% | — |
| 41 | Ingersoll - Rand (India) Ltd | 70.8 | 0.44% | — |
| 42 | Avenue Supermarts Ltd. | 68.8 | 0.43% | — |
| 43 | Ambuja Cements Ltd. | 61.1 | 0.38% | — |
| 44 | SKF INDIA Industrial Ltd. | 61.1 | 0.38% | — |
| 45 | Swiggy Ltd | 60.3 | 0.37% | — |
| 46 | SKF India Ltd. | 56.0 | 0.35% | — |
| 47 | Gujarat Narmada Valley Fertilizers and Chemicals Ltd. | 53.9 | 0.33% | — |
| 48 | Indian Energy Exchange Ltd. | 50.5 | 0.31% | — |
| 49 | Affle India Ltd. | 47.8 | 0.30% | — |
| 50 | SIEMENS ENERGY INDIA LTD | 47.4 | 0.29% | — |
| 51 | TVS Holdings Ltd. | 45.3 | 0.28% | — |
| 52 | Go Digit General Insurance Ltd | 44.4 | 0.28% | — |
| 53 | Indiamart Intermesh Ltd. | 41.1 | 0.25% | — |
| 54 | Godrej Consumer Products Ltd. | 40.4 | 0.25% | — |
| 55 | Credit Analysis And Research Ltd. | 39.8 | 0.25% | — |
| 56 | Arvind Fashions Ltd. | 33.5 | 0.21% | — |
| 57 | Tata Chemicals Ltd. | 33.0 | 0.20% | — |
| 58 | UTI Asset Management Co Ltd | 29.9 | 0.19% | — |
| 59 | Sundaram Finance Ltd. | 23.1 | 0.14% | — |
| 60 | Can Fin Homes Ltd. | 20.7 | 0.13% | — |
| 61 | Automotive Axles Ltd | 20.4 | 0.13% | — |
| 62 | Bank Of Baroda | 16.1 | 0.10% | — |
| 63 | Birla Corporation Ltd. | 15.4 | 0.10% | — |
| 64 | Tata Motors Passenger Vehicles Ltd. | 15.4 | 0.10% | — |
| 65 | PNB Housing Finance Ltd. | 13.8 | 0.09% | — |
| 66 | LIC Housing Finance Ltd. | 13.4 | 0.08% | — |
| 67 | Carborundum Universal Ltd. | 12.1 | 0.08% | — |
| 68 | Gujarat Gas Ltd. | 11.8 | 0.07% | — |
| 69 | ZF Commercial Vehicle Control Systems India Ltd | 9.4 | 0.06% | — |
| 70 | Brigade Enterprises Ltd. | 6.7 | 0.04% | — |
| 71 | GSPL India Transco Ltd | 3.1 | 0.02% | — |
| 72 | Sobha Ltd. | 1.5 | 0.01% | — |
All disclosed equity positions are shown. Non-equity allocation is the remaining portfolio weight after disclosed equities.