ITI Business Cycle Fund
NAV
₹10.52
as of 6 Oct 2026
ITI Business Cycle Fund is an open-ended Sectoral/ Thematic scheme from ITI Mutual Fund managing ₹116 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹10.52 as of 6 Oct 2026. The expense ratio is 1.76% a year. Managed by Alok Ranjan. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.76% / yr
- as of 31 Aug 2026
- Fund size
- ₹116 crore
- as of 31 Aug 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 9 Mar 2026
- ISIN
- INF00XX01DM9
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty 500 TR INR
ITI Business Cycle Fund
₹105
+5% on ₹100
Sectoral/ Thematic average
₹106
+6% on ₹100
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -0.11% | – | – |
| 6 months | 4.57% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-5.5% below peak
Where the money actually is
Equity
97.1%
Cash
2.9%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
76 positions · top 10 = 21.8%
Market-cap mix
Large 39.5%Mid 30.2%Small 24.3%Other 6.0%
as of 31 Aug 2026
Holdings by sector
Financial Services(5 in top 10)28.7%
- ICICI Bank Ltd3.69%
- HDFC Bank Ltd2.85%
- Bajaj Finance Ltd2.49%
- State Bank of India1.90%
- Shriram Finance Ltd1.72%
- Healthcare16.3%
- Basic Materials15.3%
Consumer Cyclical(2 in top 10)10.3%
- Bajaj Auto Ltd1.90%
- Titan Co Ltd1.89%
- Industrials8.8%
Technology(1 in top 10)8.5%
- Esds Software Solution Ltd1.72%
- Consumer Defensive3.6%
Energy(1 in top 10)2.1%
- Reliance Industries Ltd2.08%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 67.3% a year.
Other top holdings
- Net Receivables / (Payables)2.91%
The businesses it owns
- P/E (trailing)
- 27.6
- P/B
- 4.0
- Dividend yield
- 0.8%
- Net margin
- 17.4%
- Earnings growth
- 13.9%
- Avg market cap
- ₹1.04 lakh crore
Money in, money out
- Net flow, 3 months
- +₹6 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ITI Business Cycle Fund?
- ₹10.52 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ITI Business Cycle Fund?
- 1.76% a year for the Direct plan, as of 31 Aug 2026.
- How large is ITI Business Cycle Fund?
- ₹116 crore under management as of 31 Aug 2026, in the Sectoral/ Thematic category.
- How risky is ITI Business Cycle Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- Who manages ITI Business Cycle Fund?
- Alok Ranjan, managing this fund for 0.5 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- ITI Banking and Financial Services Fund₹388 crore
- ITI Bharat Consumption Fund₹370 crore
- Samco Special Opportunities Fund₹121 crore
- Nippon India Quant Fund₹116 crore
- PGIM India Healthcare Fund₹112 crore
- LIC MF Healthcare Fund₹103 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TR INR) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.