ITI Business Cycle Fund
Monthly portfolio · 3 months through May-2026
compared to Apr-2026 · as on May 31,2026
Holdings
76
Scheme AUM
₹108 cr
New
19
Exited
16
Increased
3
Reduced
15
| Change | Security | Industry / Rating | Quantity | Δ Qty | % to NAV | Δ % | Market value |
|---|---|---|---|---|---|---|---|
| Reduced | HDFC Bank Limited INE040A01034 | Banks | 54,845 | -13,500 | 3.79% | -1.32pp | ₹4.08 cr |
| — | ICICI Bank Limited INE090A01021 | Banks | 29,693 | — | 3.46% | -0.18pp | ₹3.73 cr |
| — | Reliance Industries Limited INE002A01018 | Petroleum Products | 23,934 | — | 2.93% | -0.39pp | ₹3.16 cr |
| Increased | State Bank of India INE062A01020 | Banks | 31,983 | +15,636 | 2.86% | +1.17pp | ₹3.08 cr |
| — | NTPC Limited INE733E01010 | Power | 50,806 | — | 1.82% | -0.15pp | ₹1.97 cr |
| — | Tata Steel Limited INE081A01020 | Ferrous Metals | 89,384 | — | 1.72% | -0.11pp | ₹1.86 cr |
| — | Titan Company Limited INE280A01028 | Consumer Durables | 4,317 | — | 1.63% | -0.21pp | ₹1.76 cr |
| — | BSE Limited INE118H01025 | Capital Markets | 4,144 | — | 1.59% | +0.13pp | ₹1.72 cr |
| New | Adani Ports and Special Economic Zone Limited INE742F01042 | Transport Infrastructure | 9,350 | — | 1.56% | — | ₹1.69 cr |
| — | Coal India Limited INE522F01014 | Consumable Fuels | 36,593 | — | 1.55% | -0.16pp | ₹1.68 cr |
| New | Grasim Industries Limited INE047A01021 | Cement & Cement Products | 5,359 | — | 1.55% | — | ₹1.67 cr |
| — | JSW Steel Limited INE019A01038 | Ferrous Metals | 12,736 | — | 1.51% | -0.05pp | ₹1.63 cr |
| — | Hindalco Industries Limited INE038A01020 | Non - Ferrous Metals | 14,125 | — | 1.48% | +0.06pp | ₹1.59 cr |
| Reduced | RBL Bank Limited INE976G01028 | Banks | 45,765 | -3,137 | 1.46% | -0.14pp | ₹1.58 cr |
| — | Cummins India Limited INE298A01020 | Industrial Products | 2,628 | — | 1.43% | +0.09pp | ₹1.55 cr |
| — | Oil & Natural Gas Corporation Limited INE213A01029 | Oil | 57,744 | — | 1.42% | -0.26pp | ₹1.53 cr |
| New | Apollo Hospitals Enterprise Limited INE437A01024 | Healthcare Services | 1,856 | — | 1.41% | — | ₹1.52 cr |
| Reduced | Nestle India Limited INE239A01024 | Food Products | 10,634 | -936 | 1.40% | -0.24pp | ₹1.51 cr |
| — | IPCA Laboratories Limited INE571A01038 | Pharmaceuticals & Biotechnology | 9,705 | — | 1.37% | -0.07pp | ₹1.48 cr |
| Reduced | Laurus Labs Limited INE947Q01028 | Pharmaceuticals & Biotechnology | 10,608 | -2,935 | 1.34% | -0.11pp | ₹1.44 cr |
| — | Adani Power Limited INE814H01029 | Power | 57,472 | — | 1.30% | +0.06pp | ₹1.4 cr |
| Reduced | Bharat Heavy Electricals Limited INE257A01026 | Electrical Equipment | 32,857 | -6,665 | 1.27% | -0.08pp | ₹1.37 cr |
| — | Tata Power Company Limited INE245A01021 | Power | 32,242 | — | 1.26% | -0.13pp | ₹1.36 cr |
| Reduced | Ajanta Pharma Limited INE031B01049 | Pharmaceuticals & Biotechnology | 4,604 | -340 | 1.25% | -0.10pp | ₹1.35 cr |
| Reduced | Multi Commodity Exchange of India Limited INE745G01043 | Capital Markets | 4,540 | -357 | 1.24% | -0.17pp | ₹1.34 cr |
| New | Siemens Limited INE003A01024 | Electrical Equipment | 3,478 | — | 1.24% | — | ₹1.34 cr |
| Increased | Marico Limited INE196A01026 | Agricultural Food & other Products | 16,258 | +3,964 | 1.24% | +0.32pp | ₹1.34 cr |
| — | Bharat Forge Limited INE465A01025 | Auto Components | 6,743 | — | 1.22% | -0.01pp | ₹1.32 cr |
| New | AU Small Finance Bank Limited INE949L01017 | Banks | 13,119 | — | 1.20% | — | ₹1.29 cr |
| — | Infosys Limited INE009A01021 | IT - Software | 11,112 | — | 1.20% | -0.07pp | ₹1.29 cr |
| Reduced | Solar Industries India Limited INE343H01029 | Chemicals & Petrochemicals | 701 | -73 | 1.19% | +0.03pp | ₹1.28 cr |
| New | Oil India Limited INE274J01014 | Oil | 26,605 | — | 1.17% | — | ₹1.27 cr |
| — | Jindal Steel Limited INE749A01030 | Ferrous Metals | 10,459 | — | 1.17% | -0.07pp | ₹1.26 cr |
| — | Radico Khaitan Limited INE944F01028 | Beverages | 3,558 | — | 1.16% | -0.02pp | ₹1.25 cr |
| New | Angel One Limited INE732I01021 | Capital Markets | 36,993 | — | 1.16% | — | ₹1.25 cr |
| — | Aurobindo Pharma Limited INE406A01037 | Pharmaceuticals & Biotechnology | 8,694 | — | 1.15% | -0.02pp | ₹1.24 cr |
| — | Avenue Supermarts Limited INE192R01011 | Retailing | 3,054 | — | 1.15% | -0.21pp | ₹1.24 cr |
| New | Fortis Healthcare Limited INE061F01013 | Healthcare Services | 13,253 | — | 1.14% | — | ₹1.23 cr |
| New | KEI Industries Limited INE878B01027 | Industrial Products | 2,324 | — | 1.14% | — | ₹1.22 cr |
| — | Steel Authority of India Limited INE114A01011 | Ferrous Metals | 59,250 | — | 1.12% | +0.06pp | ₹1.21 cr |
| — | JB Chemicals & Pharmaceuticals Limited INE572A01036 | Pharmaceuticals & Biotechnology | 5,559 | — | 1.12% | +0.02pp | ₹1.2 cr |
| — | Deepak Fertilizers and Petrochemicals Corporation Limited INE501A01019 | Chemicals & Petrochemicals | 8,510 | — | 1.11% | +0.07pp | ₹1.2 cr |
| New | Navin Fluorine International Limited INE048G01026 | Chemicals & Petrochemicals | 1,682 | — | 1.11% | — | ₹1.2 cr |
| — | Glenmark Pharmaceuticals Limited INE935A01035 | Pharmaceuticals & Biotechnology | 5,264 | — | 1.11% | -0.12pp | ₹1.2 cr |
| — | Granules India Limited INE101D01020 | Pharmaceuticals & Biotechnology | 15,144 | — | 1.09% | +0.06pp | ₹1.17 cr |
| — | Hindustan Copper Limited INE531E01026 | Non - Ferrous Metals | 21,300 | — | 1.06% | -0.04pp | ₹1.15 cr |
| — | Usha Martin Limited INE228A01035 | Industrial Products | 22,365 | — | 1.05% | +0.07pp | ₹1.13 cr |
| Reduced | Syrma SGS Technology Limited INE0DYJ01015 | Industrial Manufacturing | 10,299 | -1,048 | 1.04% | -0.01pp | ₹1.12 cr |
| Reduced | Aster DM Healthcare Limited INE914M01019 | Healthcare Services | 15,386 | -805 | 1.04% | -0.06pp | ₹1.12 cr |
| New | Rainbow Childrens Medicare Limited INE961O01016 | Healthcare Services | 8,060 | — | 1.03% | — | ₹1.11 cr |
| New | Gabriel India Limited INE524A01029 | Auto Components | 10,111 | — | 1.03% | — | ₹1.11 cr |
| Reduced | Data Patterns (India) Limited INE0IX101010 | Aerospace & Defense | 2,749 | -1,103 | 1.03% | -0.49pp | ₹1.11 cr |
| New | CESC Limited INE486A01021 | Power | 60,815 | — | 1.03% | — | ₹1.11 cr |
| Reduced | Godfrey Phillips India Limited INE260B01028 | Cigarettes & Tobacco Products | 4,829 | -171 | 1.02% | -0.07pp | ₹1.1 cr |
| New | Graphite India Limited INE371A01025 | Industrial Products | 15,008 | — | 1.01% | — | ₹1.09 cr |
| Reduced | Finolex Cables Limited INE235A01022 | Industrial Products | 9,576 | -1,291 | 1.01% | -0.03pp | ₹1.09 cr |
| New | Central Mine Planning & Design Institute Limited INE05HV01027 | Commercial Services & Supplies | 45,684 | — | 1.01% | — | ₹1.09 cr |
| — | The Great Eastern Shipping Company Limited INE017A01032 | Transport Services | 7,613 | — | 1.00% | -0.16pp | ₹1.08 cr |
| Reduced | Neuland Laboratories Limited INE794A01010 | Pharmaceuticals & Biotechnology | 632 | -358 | 1.00% | -0.44pp | ₹1.08 cr |
| New | Elecon Engineering Company Limited INE205B01031 | Electrical Equipment | 20,676 | — | 0.98% | — | ₹1.05 cr |
| Increased | CCL Products (India) Limited INE421D01022 | Agricultural Food & other Products | 9,943 | +917 | 0.97% | -0.02pp | ₹1.05 cr |
| — | Timken India Limited INE325A01013 | Industrial Products | 2,847 | — | 0.96% | +0.01pp | ₹1.03 cr |
| New | Hindustan Zinc Limited INE267A01025 | Non - Ferrous Metals | 16,170 | — | 0.95% | — | ₹1.02 cr |
| New | Karur Vysya Bank Limited INE036D01028 | Banks | 34,939 | — | 0.94% | — | ₹1.01 cr |
| — | NMDC Limited INE584A01023 | Minerals & Mining | 1,14,649 | — | 0.94% | -0.06pp | ₹1.01 cr |
| — | City Union Bank Limited INE491A01021 | Banks | 38,213 | — | 0.91% | -0.09pp | ₹0.98 cr |
| — | FSN E-Commerce Ventures Limited INE388Y01029 | Retailing | 37,001 | — | 0.90% | -0.05pp | ₹0.97 cr |
| — | Natco Pharma Limited INE987B01026 | Pharmaceuticals & Biotechnology | 9,482 | — | 0.89% | -0.12pp | ₹0.96 cr |
| Reduced | CreditAccess Grameen Limited INE741K01010 | Finance | 7,394 | -904 | 0.89% | -0.16pp | ₹0.96 cr |
| New | Jubilant Ingrevia Limited INE0BY001018 | Chemicals & Petrochemicals | 14,671 | — | 0.88% | — | ₹0.95 cr |
| — | DCB Bank Limited INE503A01015 | Banks | 51,738 | — | 0.84% | -0.10pp | ₹0.91 cr |
| — | Larsen & Toubro Limited INE018A01030 | Construction | 2,125 | — | 0.80% | -0.03pp | ₹0.87 cr |
| — | GE Vernova T&D India Limited INE200A01026 | Electrical Equipment | 1,606 | — | 0.77% | +0.07pp | ₹0.83 cr |
| — | Shriram Finance Limited INE721A01047 | Finance | 8,613 | — | 0.76% | -0.02pp | ₹0.82 cr |
| — | Bharti Airtel Limited INE397D01024 | Telecom - Services | 4,083 | — | 0.69% | -0.06pp | ₹0.75 cr |
| — | National Aluminium Company Limited INE139A01034 | Non - Ferrous Metals | 15,588 | — | 0.61% | +0.01pp | ₹0.66 cr |
| Exited | Bharat Electronics Limited INE263A01024 | Aerospace & Defense | — | -52,035 | — | -2.18pp | — |
| Exited | Power Grid Corporation of India Limited INE752E01010 | Power | — | -57,393 | — | -1.77pp | — |
| Exited | Union Bank of India INE692A01016 | Banks | — | -79,321 | — | -1.28pp | — |
| Exited | Sai Life Sciences Limited INE570L01029 | Pharmaceuticals & Biotechnology | — | -11,419 | — | -1.18pp | — |
| Exited | Siemens Energy India Limited INE1NPP01017 | Electrical Equipment | — | -3,613 | — | -1.15pp | — |
| Exited | Tube Investments of India Limited INE974X01010 | Auto Components | — | -4,003 | — | -1.14pp | — |
| Exited | NHPC Limited INE848E01016 | Power | — | -1,39,877 | — | -1.13pp | — |
| Exited | Alkem Laboratories Limited INE540L01014 | Pharmaceuticals & Biotechnology | — | -2,123 | — | -1.11pp | — |
| Exited | Transformers And Rectifiers (India) Limited INE763I01026 | Electrical Equipment | — | -34,086 | — | -1.10pp | — |
| Exited | Oberoi Realty Limited INE093I01010 | Realty | — | -6,527 | — | -1.06pp | — |
| Exited | Schaeffler India Limited INE513A01022 | Auto Components | — | -2,597 | — | -1.04pp | — |
| Exited | Bank of Maharashtra INE457A01014 | Banks | — | -1,33,921 | — | -1.02pp | — |
| Exited | The India Cements Limited INE383A01012 | Cement & Cement Products | — | -23,293 | — | -0.89pp | — |
| Exited | The Jammu & Kashmir Bank Limited INE168A01041 | Banks | — | -46,833 | — | -0.59pp | — |
| Exited | Aditya Birla Sun Life AMC Limited INE404A01024 | Capital Markets | — | -4,970 | — | -0.49pp | — |
| Exited | Can Fin Homes Limited INE477A01020 | Finance | — | -4,748 | — | -0.40pp | — |
Cash & other
| Net Receivables / (Payables) | 4.17% | ₹4.46 cr |