Scheme

ICICI Prudential Business Cycle Fund

Holds 76 companies worth ₹13,275 Cr in Sept 2026.

Fund house
ICICIThe fund house that runs this scheme.
AUM
₹14,889 CrICICI Prudential Business Cycle Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.2% on Aug 2026, ₹15,873 Cr.
Largest holding
HDFC BankHDFC Bank is 9.6% of this scheme's NAV.
Fund manager
Manish BanthiaRuns its co-manager part since 19 Jan 2021, as the fund house dates it. With Manan Tijoriwala (co-manager), Divya Jain (co-manager).

Holdings^{(Jan 2021 – Sept 2026)}

Holdings in Sept 2026. Tick up to 2 to plot them.
Plot	76 companies ·	₹ Cr
	HDFC Bank	1,425
	ICICI Bank	998
	Reliance Industries	790
	Larsen and Toubro	670
	MARUTI SUZUKI INDA LIMITED	589
	Kotak Mahindra Bank Limited	512
	DLF	484
	Bharti Airtel Limited	443
	Xtrackers Harvest CSI 300 China A Shares ETF	440
	HDFC Life Insurance Co Ltd	439
	UltraTech Cement Limited	412
	Mahindra and Mahindra Limited	394
	Hero MotoCorp	363
	NTPC	340
	Interglobe Aviation Limited	307
	Prestige Estate Project	290
	Hyundai Motor India Limited	270
	Asian Paints	269
	SBI Life Insurance Co Ltd	250
	Axis Bank	215
	Info Edge India Limited	210
	Trent	198
	ICICI Lombard General Insurance Co	197
	Shree Cement	165
	ICICI Prudential Life Insurance Co Ltd	156
	Cummins India	142
	Ashok Leyland	139
	Hindustan Aeronautics Limited	138
	Triveni Turbine	111
	HDFC Asset Management Co Ltd	100
	Tata Motors Limited	99.7
	Atul	95.7
	Page Industries	89.2
	Avenue Supermarts Limited	84.5
	Gujarat Pipavav Port	81.7
	Oberoi Realty	80.7
	PI Industries Ltd	80
	NHPC	77.3
	SUPREME INDUSTIRES LTD	76.3
	Aarti Industries Limited	72.5
	Gujarat Narmada Valley Fert and Chem Ltd	63.9
	Swiggy Limited	57.3
	SKF India Ltd	57.2
	Indian Oil Corp Ltd	54.9
	Ambuja Cement	52.9
	Power Grid Corporation of India	45.6
	Affle 3i Limited	45.6
	Go Digit General Insurance Limited	45.4
	Arvind Fashions Limited	44.3
	Hindustan Petroleum Corp Ltd	42

HDFC Bank
ICICI Bank

Market value of each ticked company in ICICI Prudential Business Cycle Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.
Month	HDFC Bank	ICICI Bank
Sept 2025	₹1,383 Cr	₹1,093 Cr
Oct 2025	₹1,451 Cr	₹1,137 Cr
Nov 2025	₹1,520 Cr	₹1,243 Cr
Dec 2025	₹1,547 Cr	₹1,210 Cr
Jan 2026	₹1,512 Cr	₹1,221 Cr
Feb 2026	₹1,525 Cr	₹1,242 Cr
Mar 2026	₹1,354 Cr	₹1,086 Cr
Apr 2026	₹1,478 Cr	₹1,138 Cr
May 2026	₹1,460 Cr	₹1,132 Cr
Jun 2026	₹1,572 Cr	₹1,239 Cr
Jul 2026	₹1,489 Cr	₹1,230 Cr
Aug 2026	₹1,426 Cr	₹1,217 Cr
Sept 2026	₹1,425 Cr	₹998 Cr

Fig. 1.Market value of each ticked company in ICICI Prudential Business Cycle Fund, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Allocation^{(Sept 2026)}

Market cap

		% of NAV
Large Cap	33	66.00

Mid Cap	15	13.73

Small Cap	26	6.45

Unlisted	1	0.020

Fund units	1	2.95

Cash & others		10.84

Sectors

Companies

Fig. 2.This scheme's holdings, by market cap, by sector and by company. Hover a slice or a row; click a slice to open it.

Buying and selling, month by month^{(Oct 2025 – Sept 2026)}

Buying and selling, month by month. Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Fig. 3.Change in market value since the previous month, ₹ crore. Month end. Source: AMC monthly portfolio disclosures.

Portfolio^{(Sept 2026)}

Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures. Click a column's header to sort by it.

HDFC Bank	Equity	Banks	2.01Cr	1,425	9.57
ICICI Bank	Equity	Banks	75.5L	998	6.70
Reliance Industries	Equity	Petroleum Products	66.6L	790	5.31
Larsen and Toubro	Equity	Construction	17.8L	670	4.50
MARUTI SUZUKI INDA LIMITED	Equity	Automobiles	4.92L	589	3.95
Kotak Mahindra Bank Limited	Equity	Banks	1.23Cr	512	3.44
DLF	Equity	Realty	71.7L	484	3.25
Bharti Airtel Limited	Equity	Telecom - Services	25.2L	443	2.97
Xtrackers Harvest CSI 300 China A Shares ETF	Fund units		14L	440	2.95
HDFC Life Insurance Co Ltd	Equity	Insurance	84.1L	439	2.94
UltraTech Cement Limited	Equity	Cement & Cement Products	3.76L	412	2.77
Mahindra and Mahindra Limited	Equity	Automobiles	13.3L	394	2.64
Hero MotoCorp	Equity	Automobiles	6.93L	363	2.44
NTPC	Equity	Power	1.05Cr	340	2.28
Interglobe Aviation Limited	Equity	Transport Services	6.17L	307	2.06
Prestige Estate Project	Equity	Realty	19.6L	290	1.95
Hyundai Motor India Limited	Equity	Automobiles	13.3L	270	1.81
Asian Paints	Equity	Consumer Durables	11.2L	269	1.81
SBI Life Insurance Co Ltd	Equity	Insurance	14.7L	250	1.68
Axis Bank	Equity	Banks	17.5L	215	1.44
Info Edge India Limited	Equity	Retailing	17.2L	210	1.41
Trent	Equity	Retailing	7.54L	198	1.33
ICICI Lombard General Insurance Co	Equity	Insurance	12.4L	197	1.32
Shree Cement	Equity	Cement & Cement Products	73.6K	165	1.10
ICICI Prudential Life Insurance Co Ltd	Equity	Insurance	35.2L	156	1.05
Cummins India	Equity	Industrial Products	2.98L	142	0.95
Ashok Leyland	Equity	Agricultural, Commercial & Construction Vehicles	90L	139	0.93
Hindustan Aeronautics Limited	Equity	Aerospace & Defense	2.95L	138	0.93
Triveni Turbine	Equity	Electrical Equipment	20.6L	111	0.75
HDFC Asset Management Co Ltd	Equity	Capital Markets	4.4L	100	0.67
Tata Motors Limited	Equity	Agricultural, Commercial & Construction Vehicles	23.7L	99.7	0.67
Atul	Equity	Chemicals & Petrochemicals	1.62L	95.7	0.64
Page Industries	Equity	Textiles & Apparels	24.5K	89.2	0.60
Avenue Supermarts Limited	Equity	Retailing	2.22L	84.5	0.57
Gujarat Pipavav Port	Equity	Transport Infrastructure	49L	81.7	0.55
Oberoi Realty	Equity	Realty	4.57L	80.7	0.54
PI Industries Ltd	Equity	Fertilizers & Agrochemicals	3.46L	80	0.54
NHPC	Equity	Power	1.06Cr	77.3	0.52
SUPREME INDUSTIRES LTD	Equity	Industrial Products	2.21L	76.3	0.51
Aarti Industries Limited	Equity	Chemicals & Petrochemicals	15.2L	72.5	0.49
Gujarat Narmada Valley Fert and Chem Ltd	Equity	Chemicals & Petrochemicals	10.6L	63.9	0.43
Swiggy Limited	Equity	Retailing	22.9L	57.3	0.39
SKF India Ltd	Equity	Industrial Products	3.79L	57.2	0.38
Indian Oil Corp Ltd	Equity	Petroleum Products	40.7L	54.9	0.37
Ambuja Cement	Equity	Cement & Cement Products	14.1L	52.9	0.35
Power Grid Corporation of India	Equity	Power	17.5L	45.6	0.31
Affle 3i Limited	Equity	IT - Services	3.02L	45.6	0.31
Go Digit General Insurance Limited	Equity	Insurance	17.5L	45.4	0.30
Arvind Fashions Limited	Equity	Retailing	11.4L	44.3	0.30
Hindustan Petroleum Corp Ltd	Equity	Petroleum Products	12L	42	0.28
Indian Energy Exchange Limited	Equity	Capital Markets	38.2L	40.9	0.27
CARE Ratings Limited	Equity	Capital Markets	2.43L	39.2	0.26
TVS Holdings Limited	Equity	Finance	30.8K	37.3	0.25
Indiamart Intermesh Limited	Equity	Retailing	2.28L	37.2	0.25
Godrej Consumer Products	Equity	Personal Products	3.77L	32.1	0.21
UTI Asset Management Co Limited	Equity	Capital Markets	3.31L	29.2	0.20
LIC of India Ltd	Equity	Insurance	6.57L	26	0.17
Tata Chemicals	Equity	Chemicals & Petrochemicals	3.88L	23.7	0.16
Sundaram Finance	Equity	Finance	49.5K	21.6	0.14
Bharat Petroleum Corp Ltd	Equity	Petroleum Products	7L	21.2	0.14
Automotive Axles Limited	Equity	Auto Components	1.13L	19.3	0.13
Can Fin Homes Limited	Equity	Finance	2.52L	18.1	0.12
SKF India Industrial Limited	Equity	Industrial Products	57.8K	16	0.11
Bank of Baroda	Equity	Banks	6.66L	15.3	0.10
PNB Housing Finance Limited	Equity	Finance	1.31L	14.7	0.098
Birla Corporation Limited	Equity	Cement & Cement Products	1.73L	14.6	0.098
Carborundum Universal Limited	Equity	Industrial Products	1.14L	14.3	0.096
LIC Housing Finance	Equity	Finance	2.56L	13.6	0.091
Tata Motors	Equity	Automobiles	4.52L	12.8	0.086
ZF Commercial Vehicle Control Systems India Limited	Equity	Auto Components	39K	9.1	0.061
Canara HSBC Life Insurance Co Ltd	Equity	Insurance	5.29L	7.9	0.053
Brigade Enterprises Ltd	Equity	Realty	1.16L	6.7	0.045
GSPL Transmission Limited	Equity	Gas	2.07L	3	0.020
Sobha Developers	Equity	Realty	10.8K	1.3	0.009
State Bank of India	Equity	Banks	500	0.05	0.00
Britannia Industries	Equity	Food Products	28	0.01	0.00

Fig. 4.Every holding in Sept 2026: its shares, market value (₹ crore) and % of NAV. Month end. Source: AMC monthly portfolio disclosures.