What is the NAV of ITI Business Cycle Fund?

₹10.66 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of ITI Business Cycle Fund?

2% a year for the Direct plan, as of 30 Jun 2026.

How large is ITI Business Cycle Fund?

₹115 crore under management as of 31 Jul 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 0.4 years.

ITI Business Cycle Fund

ITI Mutual FundDirectOpen-endedSectoral/ ThematicRiskometer: Very High Risk

NAV

₹10.66

as of 21 Aug 2026

ITI Business Cycle Fund is an open-ended Sectoral/ Thematic scheme from ITI Mutual Fund managing ₹115 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹10.66 as of 21 Aug 2026. The expense ratio is 2% a year. Managed by Alok Ranjan. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio: 2% / yr; as of 30 Jun 2026
Fund size: ₹115 crore; as of 31 Jul 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 20 Aug 2026Benchmark: Nifty 500 TR INR

Mar 2026Aug 2026

ITI Business Cycle Fund

₹107

+7% on ₹100

Sectoral/ Thematic average

₹112

+12% on ₹100

Returns vs category

Window	Fund	Category avg	Gap
3 months	2.41%	–	–
6 months	6.53%	–	–

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.

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

-0.2% below peak

Mar 2026Deepest: -3.7%Aug 2026

Where the money actually is

Equity

97.7%

Cash

2.3%

Whole-portfolio split, as of 31 Jul 2026.

What it owns

76 positions · top 10 = 24.1%

Market-cap mix

Large 43.3%Mid 25.0%Small 28.1%Other 3.6%

as of 31 Jul 2026

Holdings by sector

Financial Services(6 in top 10)31.7%
- ICICI Bank Ltd4.71%
- HDFC Bank Ltd3.56%
- Bajaj Finance Ltd2.82%
- State Bank of India1.86%
- Shriram Finance Ltd1.79%
- Turtlemint Fintech Solutions Ltd1.71%
Healthcare(1 in top 10)17.6%
- Laurus Labs Ltd1.67%
Basic Materials14.2%
Industrials9.8%
Consumer Cyclical(1 in top 10)8.5%
- Titan Co Ltd1.83%
Technology4.3%
Energy(1 in top 10)4.0%
- Reliance Industries Ltd2.72%
Consumer Defensive4.0%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026.

Other top holdings

Treps 03-Aug-2026matures 3 Aug 20262.06%

The businesses it owns

P/E (trailing): 26.7
P/B: 3.7
Dividend yield: 0.8%
Net margin: 18.6%
Earnings growth: 14.6%
Avg market cap: ₹1.04 lakh crore

Money in, money out

Net flow, 3 months: +₹11 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of ITI Business Cycle Fund?: ₹10.66 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of ITI Business Cycle Fund?: 2% a year for the Direct plan, as of 30 Jun 2026.
How large is ITI Business Cycle Fund?: ₹115 crore under management as of 31 Jul 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 0.4 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

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.