ICICI Prudential Mutual Fund
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth
Sectoral / Thematic
+9.2% 3Y CAGR
Tata Mutual Fund
Sectoral / Thematic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Tata Business Cycle Fund is a Sectoral / Thematic fund from Tata Mutual Fund, with NAVs going back to August 2021. This page covers its direct plan, growth option. It manages ₹2,306 crore, the 62nd largest of 246 Sectoral / Thematic funds. Its expense ratio is 0.92% a year, lower than the median of 1.15% for Sectoral / Thematic funds.
Over the last three years it returned 9.13% a year, 107th of 137 Sectoral / Thematic funds (median 12.96%). Over five years it returned 11.89% a year, 43rd of 98. It is 0.67 percentage points a year behind its benchmark, the Nifty 500 TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 20.0%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-9.95%
3 Years
+9.13%
5 Years
+11.89%
Since launch (11 Aug 2021)
+12.62%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -9.05% | -7.58% | -1.47 pts |
| 3 Years | +9.72% | +10.39% | -0.67 pts |
| 5 Years | +12.18% | +8.85% | +3.33 pts |
| Since launch | +12.82% | +10.09% | +2.73 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
15.0%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-20.0%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 11 Aug 2021.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Tata Mutual Fund's website before you invest.
Funds next to Tata Business Cycle Fund, in the same category, ranked by 3-year return.
ICICI Prudential Mutual Fund
Sectoral / Thematic
+9.2% 3Y CAGR
UTI Mutual Fund
Sectoral / Thematic
+9.1% 3Y CAGR
Tata Business Cycle Fund-Direct Plan-Growth
Research-only · No transactions