ICICI Prudential Business Cycle Fund
Monthly portfolio · 20 months through Aug-2026
compared to Jul-2026 · as on Aug 31,2026
Holdings
85
Scheme AUM
₹15,873 cr
New
1
Exited
1
Increased
6
Reduced
15
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Increased | HDFC Bank Ltd. INE040A01034 | Banks | 2,01,06,013 | +2,00,000 | 8.98% | -0.26pp | ₹1,426 cr |
| Reduced | ICICI Bank Ltd. INE090A01021 | Banks | 83,70,780 | -2,00,000 | 7.67% | +0.04pp | ₹1,217 cr |
| — | Reliance Industries Ltd. INE002A01018 | Petroleum Products | 66,57,661 | — | 5.36% | -0.04pp | ₹850 cr |
| Reduced | Larsen & Toubro Ltd. INE018A01030 | Construction | 19,31,972 | -2,01,250 | 4.92% | -0.29pp | ₹781 cr |
| — | Maruti Suzuki India Ltd. INE585B01010 | Automobiles | 4,91,846 | — | 4.20% | -0.14pp | ₹666 cr |
| — | Kotak Mahindra Bank Ltd. INE237A01036 | Banks | 1,46,11,981 | — | 3.86% | +0.32pp | ₹613 cr |
| — | DLF Ltd. INE271C01023 | Realty | 71,74,922 | — | 3.12% | +0.19pp | ₹496 cr |
| — | Xtrackers Harvest CSI 300 China A-Shares ETF US2330518794 | Financial Services | 14,02,210 | — | 2.90% | +0.06pp | ₹460 cr |
| Increased | HDFC Life Insurance Company Ltd. INE795G01014 | Insurance | 84,13,768 | +2,07,682 | 2.88% | +0.09pp | ₹457 cr |
| Reduced | Bharti Airtel Ltd. INE397D01024 | Telecom - Services | 25,18,934 | -2,50,000 | 2.88% | -0.51pp | ₹456 cr |
| — | Mahindra & Mahindra Ltd. INE101A01026 | Automobiles | 13,34,093 | — | 2.76% | -0.05pp | ₹438 cr |
| — | Ultratech Cement Ltd. INE481G01011 | Cement & Cement Products | 3,76,249 | — | 2.71% | -0.06pp | ₹431 cr |
| Reduced | Hero Motocorp Ltd. INE158A01026 | Automobiles | 6,93,279 | -57,950 | 2.38% | -0.13pp | ₹378 cr |
| — | NTPC Ltd. INE733E01010 | Power | 1,05,38,688 | — | 2.17% | -0.10pp | ₹345 cr |
| — | Hyundai Motor India Ltd. INE0V6F01027 | Automobiles | 15,08,773 | — | 2.10% | +0.06pp | ₹333 cr |
| — | Prestige Estates Projects Ltd. INE811K01011 | Realty | 19,55,444 | — | 2.01% | +0.05pp | ₹319 cr |
| Reduced | Asian Paints Ltd. INE021A01026 | Consumer Durables | 11,20,627 | -48,309 | 1.87% | -0.12pp | ₹297 cr |
| Reduced | Interglobe Aviation Ltd. INE646L01027 | Transport Services | 5,66,649 | -50,000 | 1.87% | -0.11pp | ₹297 cr |
| — | SBI Life Insurance Company Ltd. INE123W01016 | Insurance | 14,73,303 | — | 1.62% | -0.10pp | ₹256 cr |
| — | Axis Bank Ltd. INE238A01034 | Banks | 17,50,011 | — | 1.43% | +0.10pp | ₹228 cr |
| — | Trent Ltd. INE849A01020 | Retailing | 7,54,010 | — | 1.37% | -0.04pp | ₹217 cr |
| Reduced | Info Edge (India) Ltd. INE663F01032 | Retailing | 16,48,025 | -50,000 | 1.36% | +0.07pp | ₹216 cr |
| Reduced | Hindustan Aeronautics Ltd. INE066F01020 | Aerospace & Defense | 4,45,406 | -95,000 | 1.35% | -0.21pp | ₹214 cr |
| — | ICICI Prudential Life Insurance Company Ltd. INE726G01019 | Insurance | 35,23,361 | — | 1.15% | +0.02pp | ₹182 cr |
| Increased | ICICI Lombard General Insurance Company Ltd. INE765G01017 | Insurance | 11,36,542 | +2,60,893 | 1.12% | +0.24pp | ₹178 cr |
| Reduced | Shree Cements Ltd. INE070A01015 | Cement & Cement Products | 68,633 | -363 | 1.00% | -0.11pp | ₹159 cr |
| — | Ashok Leyland Ltd. INE208A01029 | Agricultural, Commercial & Construction Vehicles | 90,01,432 | — | 1.00% | +0.07pp | ₹158 cr |
| Increased | Cummins India Ltd. INE298A01020 | Industrial Products | 2,97,595 | +75,000 | 0.96% | +0.20pp | ₹152 cr |
| — | Siemens Ltd. INE003A01024 | Electrical Equipment | 3,28,726 | — | 0.83% | +0.07pp | ₹132 cr |
| — | Triveni Turbine Ltd. INE152M01016 | Electrical Equipment | 20,64,503 | — | 0.75% | -0.02pp | ₹119 cr |
| — | Tata Motors Ltd. INE1TAE01010 | Agricultural, Commercial & Construction Vehicles | 24,91,857 | — | 0.74% | +0.06pp | ₹117 cr |
| — | HDFC Asset Management Company Ltd. INE127D01025 | Capital Markets | 4,39,637 | — | 0.73% | +0.01pp | ₹115 cr |
| Reduced | ABB India Ltd. INE117A01022 | Electrical Equipment | 1,50,052 | -10,000 | 0.72% | -0.00pp | ₹115 cr |
| — | Atul Ltd. INE100A01010 | Chemicals & Petrochemicals | 1,61,805 | — | 0.65% | -0.02pp | ₹103 cr |
| — | Page Industries Ltd. INE761H01022 | Textiles & Apparels | 24,523 | — | 0.55% | -0.06pp | ₹87.79 cr |
| Increased | Avenue Supermarts Ltd. INE192R01011 | Retailing | 2,22,239 | +46,912 | 0.55% | +0.12pp | ₹86.67 cr |
| — | Oberoi Realty Ltd. INE093I01010 | Realty | 4,57,038 | — | 0.54% | +0.02pp | ₹85.37 cr |
| — | PI Industries Ltd. INE603J01030 | Fertilizers & Agrochemicals | 3,46,298 | — | 0.52% | -0.07pp | ₹82.07 cr |
| Reduced | Gujarat Pipavav Port Ltd. INE517F01014 | Transport Infrastructure | 48,97,257 | -9,15,565 | 0.52% | -0.02pp | ₹82.06 cr |
| — | Aarti Industries Ltd. INE769A01020 | Chemicals & Petrochemicals | 15,24,580 | — | 0.50% | +0.04pp | ₹79.95 cr |
| — | Supreme Industries Ltd. INE195A01028 | Industrial Products | 2,21,157 | — | 0.50% | +0.02pp | ₹78.71 cr |
| Reduced | NHPC Ltd. INE848E01016 | Power | 98,65,305 | -14,09,942 | 0.48% | -0.07pp | ₹75.69 cr |
| — | SKF INDIA Industrial Ltd. INE2J8701016 | Industrial Products | 2,22,885 | — | 0.42% | +0.04pp | ₹66.49 cr |
| — | Gujarat Narmada Valley Fertilizers and Chemicals Ltd. INE113A01013 | Chemicals & Petrochemicals | 10,57,003 | — | 0.38% | +0.05pp | ₹60.75 cr |
| — | Swiggy Ltd INE00H001014 | Retailing | 21,16,872 | — | 0.38% | +0.00pp | ₹59.67 cr |
| — | SKF India Ltd. INE640A01023 | Auto Components | 3,78,839 | — | 0.37% | +0.02pp | ₹58.87 cr |
| — | Ambuja Cements Ltd. INE079A01024 | Cement & Cement Products | 14,13,000 | — | 0.36% | -0.02pp | ₹56.68 cr |
| Increased | Arvind Fashions Ltd. INE955V01021 | Retailing | 11,42,346 | +3,96,741 | 0.33% | +0.12pp | ₹51.69 cr |
| — | Affle India Ltd. INE00WC01027 | It - Services | 3,01,512 | — | 0.30% | +0.01pp | ₹48.18 cr |
| — | Indian Energy Exchange Ltd. INE022Q01020 | Capital Markets | 38,17,691 | — | 0.29% | -0.02pp | ₹46 cr |
| — | Go Digit General Insurance Ltd INE03JT01014 | Insurance | 17,45,000 | — | 0.28% | +0.01pp | ₹44.92 cr |
| — | TVS Holdings Ltd. INE105A01035 | Finance | 30,807 | — | 0.26% | -0.02pp | ₹40.77 cr |
| — | Credit Analysis And Research Ltd. INE752H01013 | Capital Markets | 2,32,649 | — | 0.25% | +0.01pp | ₹40.23 cr |
| — | Indiamart Intermesh Ltd. INE933S01016 | Retailing | 2,28,296 | — | 0.25% | -0.00pp | ₹40.08 cr |
| Reduced | Ingersoll - Rand (India) Ltd INE177A01018 | Industrial Products | 81,147 | -82,223 | 0.25% | -0.19pp | ₹39.34 cr |
| Reduced | SIEMENS ENERGY INDIA LTD INE1NPP01017 | Electrical Equipment | 1,21,767 | -25,000 | 0.25% | -0.05pp | ₹39.33 cr |
| — | Godrej Consumer Products Ltd. INE102D01028 | Personal Products | 3,77,462 | — | 0.21% | -0.04pp | ₹34.02 cr |
| — | 364 Days Treasury Bills IN002025Z286 | SOV | 32,00,000 | — | 0.20% | +0.00pp | ₹31.83 cr |
| — | 91 Days Treasury Bills IN002026X131 | SOV | 31,00,000 | — | 0.19% | +0.00pp | ₹30.87 cr |
| — | UTI Asset Management Co Ltd INE094J01016 | Capital Markets | 3,30,763 | — | 0.18% | -0.00pp | ₹28.79 cr |
| New | Life Insurance Corporation of India INE0J1Y01017 | Insurance | 6,57,495 | — | 0.17% | — | ₹27.48 cr |
| Reduced | Tata Chemicals Ltd. INE092A01019 | Chemicals & Petrochemicals | 3,87,979 | -1,01,369 | 0.16% | -0.05pp | ₹24.95 cr |
| — | 91 Days Treasury Bills IN002026X115 | SOV | 23,00,000 | — | 0.14% | +0.00pp | ₹22.95 cr |
| — | Sundaram Finance Ltd. INE660A01013 | Finance | 49,525 | — | 0.14% | -0.00pp | ₹22.48 cr |
| — | Can Fin Homes Ltd. INE477A01020 | Finance | 2,52,162 | — | 0.13% | -0.00pp | ₹20.05 cr |
| — | Automotive Axles Ltd INE449A01011 | Auto Components | 1,13,076 | — | 0.12% | -0.00pp | ₹19.55 cr |
| — | 182 Days Treasury Bills IN002026Y030 | SOV | 19,00,000 | — | 0.12% | +0.00pp | ₹18.87 cr |
| — | Bank Of Baroda INE028A01039 | Banks | 6,65,543 | — | 0.10% | -0.00pp | ₹15.88 cr |
| — | Birla Corporation Ltd. INE340A01012 | Cement & Cement Products | 1,73,172 | — | 0.10% | -0.00pp | ₹15.11 cr |
| — | PNB Housing Finance Ltd. INE572E01012 | Finance | 1,30,830 | — | 0.09% | +0.01pp | ₹15.03 cr |
| — | 91 Days Treasury Bills IN002026X156 | SOV | 15,00,000 | — | 0.09% | +0.00pp | ₹14.91 cr |
| — | Tata Motors Passenger Vehicles Ltd. INE155A01022 | Automobiles | 4,52,345 | — | 0.09% | -0.01pp | ₹13.97 cr |
| — | LIC Housing Finance Ltd. INE115A01026 | Finance | 2,55,711 | — | 0.09% | +0.00pp | ₹13.77 cr |
| — | Carborundum Universal Ltd. INE120A01034 | Industrial Products | 1,13,826 | — | 0.08% | +0.00pp | ₹12.6 cr |
| — | 91 Days Treasury Bills IN002026X123 | SOV | 11,00,000 | — | 0.07% | +0.00pp | ₹10.97 cr |
| — | ZF Commercial Vehicle Control Systems India Ltd INE342J01019 | Auto Components | 39,000 | — | 0.06% | +0.00pp | ₹9.88 cr |
| — | 364 Days Treasury Bills IN002025Z252 | SOV | 9,00,000 | — | 0.06% | +0.00pp | ₹8.98 cr |
| — | 364 Days Treasury Bills IN002025Z294 | SOV | 9,00,000 | — | 0.06% | +0.00pp | ₹8.94 cr |
| — | Brigade Enterprises Ltd. INE791I01019 | Realty | 1,15,934 | — | 0.05% | +0.01pp | ₹7.6 cr |
| — | 364 Days Treasury Bills IN002025Z278 | SOV | 4,00,000 | — | 0.03% | +0.00pp | ₹3.98 cr |
| — | GSPL India Transco Ltd INE1TUG01013 | Gas | 2,07,329 | — | 0.02% | +0.00pp | ₹3.11 cr |
| — | 182 Days Treasury Bills IN002025Y487 | SOV | 3,00,000 | — | 0.02% | +0.00pp | ₹3 cr |
| — | Sobha Ltd. INE671H01015 | Realty | 10,779 | — | 0.01% | -0.00pp | ₹1.35 cr |
| — | State Bank Of India INE062A01020 | Banks | 500 | — | 0.00% | — | ₹0.05 cr |
| — | Britannia Industries Ltd. INE216A01030 | Food Products | 28 | — | 0.00% | — | ₹0.01 cr |
| Exited | Gujarat Gas Ltd. INE844O01030 | Gas | — | -4,28,741 | — | -0.07pp | — |
Cash & other
| TREPS | 7.07% | ₹1,123 cr |
| Cash Margin - Derivatives | 0.16% | ₹25.2 cr |
| Net Current Assets | 0.06% | ₹9.46 cr |