Should I invest in ICICI Prudential Business Cycle Fund Direct Plan Growth?

We don't give personal investment advice. ICICI Prudential Business Cycle Fund Direct Plan Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 14.4%. 5-year CAGR: 17.87%.

ICICI Prudential

ICICI Prudential Business Cycle Fund Direct Plan Growth

Latest NAV

₹26.5700

As of

17 Jul 2026

1,351 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.61%	-0.05%	+0.65	52 / 258	Q1
1W	-0.34%	-0.18%	-0.16	162 / 258	Q3
2W	-0.60%	-0.17%	-0.43	209 / 259	Q4
1M	+0.57%	+1.63%	-1.06	195 / 259	Q4
3M	+0.95%	+4.83%	-3.88	212 / 259	Q4
6M	-1.41%	+4.61%	-6.02	201 / 250	Q4
YTD	-3.03%	+2.98%	-6.01	201 / 247	Q4
1Y	+2.67%	+5.46%	-2.79	141 / 235	Q3
2Y	+5.26%	+4.09%	+1.17	78 / 187	Q2
3Y	+17.66%	+15.93%	+1.74	63 / 148	Q2
4Y	+19.75%	+17.58%	+2.17	50 / 121	Q2
5Y	+17.87%	+13.72%	+4.14	26 / 110	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.45%	+12.07%	+7.37	40 / 259	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-3.03%	+3.40%	-6.43	199 / 244
2025	+16.18%	+4.41%	+11.77	29 / 208
2024	+21.08%	+23.18%	-2.10	84 / 155
2023	+33.82%	+33.51%	+0.31	57 / 127
2022	+11.85%	+4.32%	+7.52	35 / 116
2021	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+20.69%

55 windows

min 1.8% · max 57.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+23.80%

31 windows

min 17.7% · max 27.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+19.30%

7 windows

min 17.9% · max 21.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

11.67%

3-year · annualised

Sharpe ratio

0.91

vs risk-free 6.5%

Sortino ratio

1.68

Downside-only deviation

Max drawdown

-14.39%

Sep 2024 → Feb 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option - Direct Plan	HDFC	₹19.7420	17 Jul 2026
Nippon India Active Momentum Fund-Direct Plan - Growth Option	Nippon India	₹13.0154	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Growth	SBI	₹12.5868	17 Jul 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.8700	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - Growth	Invesco	₹14.5000	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - Growth Option - Direct Plan	Quant	₹22.0723	17 Jul 2026
QUANTUM ESG BEST IN CLASS STRATEGY FUND - DIRECT PLAN - GROWTH OPTION	Quantum	₹24.7900	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹72.8200	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-Growth	Motilal Oswal	₹13.5242	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹26.5700
16 Jul 2026	₹26.4100
15 Jul 2026	₹26.4800
14 Jul 2026	₹26.3500
13 Jul 2026	₹26.5900
10 Jul 2026	₹26.6600
9 Jul 2026	₹26.3300
8 Jul 2026	₹26.1700
7 Jul 2026	₹26.7700
6 Jul 2026	₹26.9000

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of ICICI Prudential Business Cycle Fund Direct Plan Growth is ₹26.5700. It's a Sectoral/Thematic Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Business Cycle Fund Direct Plan Growth has NAV history starting from 19 Jan 2021, a track record of about 5 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Business Cycle Fund Direct Plan Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Business Cycle Fund Direct Plan Growth has delivered a absolute return of 2.67% — -2.79 pp behind the Sectoral/Thematic Fund category average of 5.46%. The fund ranks #141 of 235 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Business Cycle Fund Direct Plan Growth has delivered a CAGR of 17.66% — +1.74 pp ahead of the Sectoral/Thematic Fund category average of 15.93%. The fund ranks #63 of 148 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ICICI Prudential Business Cycle Fund Direct Plan Growth has delivered a CAGR of 17.87% — +4.14 pp ahead of the Sectoral/Thematic Fund category average of 13.72%. The fund ranks #26 of 110 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Business Cycle Fund Direct Plan Growth exactly 5 years ago would be worth approximately ₹227,483 today — a multiplier of 2.27×, based on the 5-year CAGR of 17.87%. The category average over the same window would have grown ₹1 lakh to ₹190,217.

A ₹10,000 monthly SIP in ICICI Prudential Business Cycle Fund Direct Plan Growth over the last 5 years — total invested ₹600,000 — would be worth ₹896,648 today. That's an XIRR (money-weighted annualised return) of 16.07%.

ICICI Prudential Business Cycle Fund Direct Plan Growth doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹896,648 — XIRR 16.07%.

On a 5-year basis, ICICI Prudential Business Cycle Fund Direct Plan Growth ranks #26 out of 110 funds in the Sectoral/Thematic Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 13.72%; this fund delivered 17.87%.

The worst peak-to-trough decline ICICI Prudential Business Cycle Fund Direct Plan Growth has experienced over the last 5-year window is 14.39% — its NAV fell from a high on 26 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Business Cycle Fund Direct Plan Growth averaged 19.30% (best 21.80%, worst 17.87%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.83 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Business Cycle Fund Direct Plan Growth returned 16.18% — beating the Sectoral/Thematic Fund category average of 4.41% by 11.77 pp. It ranked #29 of 208 in its category that year.

ICICI Prudential Business Cycle Fund Direct Plan Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. ICICI Prudential Business Cycle Fund Direct Plan Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 14.4%. 5-year CAGR: 17.87%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

ICICI Prudential Business Cycle Fund Direct Plan Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Sectoral/Thematic Fund

Recent NAVs

Frequently asked questions

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