Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Alok Ranjan
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ITI Business Cycle Fund is ₹10.59 as of 2026-08-28.
ITI Business Cycle Fund is classified as a Thematic-Business Cycle fund.
The Assets Under Management (AUM) of ITI Business Cycle Fund is ₹115.24 Cr.
The expense ratio of ITI Business Cycle Fund is 3.51%.
ITI Business Cycle Fund is managed by Alok Ranjan.
The minimum SIP investment for ITI Business Cycle Fund is ₹500.
The exit load for ITI Business Cycle Fund is 0.5%.
As per the SEBI Riskometer, ITI Business Cycle Fund carries a Very High risk level.
ITI Business Cycle Fund has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.