ITI Business Cycle Fund
ITI Business Cycle Fund is a sectoral / thematic fund of ITI Asset Management Limited with ₹116 cr under management. Its direct plan charges 1.63% a year. Nilay Dalal has managed it for 0.6 years.
Has ITI Business Cycle Fund beaten its benchmark?
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | −5.63% | −3.60% | — |
| 3 months | −0.78% | −5.03% | — |
| 6 months | +2.39% | −1.83% | — |
| 1 year | — | −4.06% | — |
| 3 years | — | +9.27% | — |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 12 Mar 2026 | — | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | — | — | — | — | — |
| 3y | — | — | — | — | — |
| 5y | — | — | — | — | — |
| 10y | — | — | — | — | — |
Value of 100, month-end
Mar 2026 to 14 Oct 2026₹100 put in at the start of Mar 2026 would be ₹108 on 14 Oct 2026, against ₹108 in the Nifty 500 TRI.
What does ITI Business Cycle Fund cost?
1.63% a year on the direct plan, 3.39% on the regular plan; 144 of 174 funds in its category charge less.
Who manages ITI Business Cycle Fund?
Nilay Dalal, since 9 Mar 2026; Alok Ranjan, since 9 Mar 2026.
What does ITI Business Cycle Fund hold?
73 holdings as of 30 Sep 2026; the ten largest are 25.4% of the fund, the largest ESDS Software Solution Ltd at 6.0%.
Mix
Holdings as of 30 Sep 2026Five largest industries
% of fundBy company size
% of equity · SEBI size listsHow does ITI Business Cycle Fund score against its category?
Seven scores against funds of its kind, and the warning signs it trips.
Are the companies inside any good?
The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.
How is ITI Business Cycle Fund run?
Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.
Which funds hold much the same?
The index it is nearest and the funds whose holdings overlap most.
Funds that hold much the same
% of holdings in commonHow much is in its sponsor's own group?
Holdings in companies of the fund house's sponsor group, beside the index.
Questions people ask
Who manages ITI Business Cycle Fund?
Nilay Dalal (manager) since 9 Mar 2026; Alok Ranjan (manager) since 9 Mar 2026.
What is the expense ratio of ITI Business Cycle Fund?
1.63% a year on the direct plan and 3.39% on the regular plan (expense report, Oct 2026).
See ITI Business Cycle Fund beside your own funds in Valarth
