MFDirect · IDCW

ICICI Prudential Business Cycle Fund - Series 2 - Dividend - Direct Plan

Mid Cap FundEquity - Mid Cap FundBenchmark: BSE 500
NAV · 22 Feb 2019₹10.690.00%
AUM₹146 Crfrom this fund's primary plan
Expense Ratio1.48%
CAGR
Exit Load
Min SIP
Launched2015

Investment Objective

The investment objective of the Scheme is to provide capital appreciation by predominantly investing in equity and equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks.

Fund Mandate

Debt, MMI and Cash0%–20%
Equity and Equity related instruments80%–100%
Fund Managers
SN
Sankaran Naren
Fund Manager
Key Information
1.48%
₹5,000
Nil
Inception06 Nov 2015
AMC
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns
PeriodReturns
1 Day0.00%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.48%
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme