ICICI Prudential Business Cycle Fund | Mutual Fund Intelligence

Latest equity holdings

Company	Quantity
HDFC Bank Limited	20,106,013
Kotak Mahindra Bank Limited	14,611,981
NTPC Limited	10,538,688
NHPC Limited	9,865,305
Ashok Leyland Limited	9,001,432
HDFC Life Insurance Company Limited	8,413,768
ICICI Bank Limited	8,370,780
DLF Limited	7,174,922
Reliance Industries Limited	6,657,661
Gujarat Pipavav Port Limited	4,897,257
Indian Energy Exchange Limited	3,817,691
ICICI Prudential Life Insurance Company Limited	3,523,361
Bharti Airtel Limited	2,518,934
Tata Motors Limited	2,491,857
Swiggy Limited	2,116,872
Triveni Turbine Limited	2,064,503
Prestige Estates Projects Limited	1,955,444
Larsen & Toubro Limited	1,931,972
Axis Bank Limited	1,750,011
Go Digit General Insurance Limited	1,745,000
Info Edge (India) Limited	1,648,025
Aarti Industries Limited	1,524,580
Hyundai Motor India Limited	1,508,773
SBI Life Insurance Company Limited	1,473,303
Ambuja Cements Limited	1,413,000
Mahindra & Mahindra Limited	1,334,093
Arvind Fashions Limited	1,142,346
ICICI Lombard General Insurance Company Limited	1,136,542
Asian Paints Limited	1,120,627
Gujarat Narmada Valley Fertilizers and Chemicals Limited	1,057,003
Trent Limited	754,010
Hero MotoCorp Limited	693,279
Bank of Baroda	665,543
Life Insurance Corporation Of India	657,495
InterGlobe Aviation Limited	566,649
Maruti Suzuki India Limited	491,846
Oberoi Realty Limited	457,038
Tata Motors Passenger Vehicles Limited	452,345
Hindustan Aeronautics Limited	445,406
HDFC Asset Management Company Limited	439,637
Tata Chemicals Limited	387,979
SKF India Limited	378,839
Godrej Consumer Products Limited	377,462
UltraTech Cement Limited	376,249
PI Industries Limited	346,298
UTI Asset Management Company Limited	330,763
Siemens Limited	328,726
Affle 3i Limited	301,512
Cummins India Limited	297,595
LIC Housing Finance Limited	255,711
Can Fin Homes Limited	252,162
CARE Ratings Limited	232,649
Indiamart Intermesh Limited	228,296
SKF India (Industrial) Limited	222,885
Avenue Supermarts Limited	222,239
Supreme Industries Limited	221,157
Birla Corporation Limited	173,172
Atul Limited	161,805
ABB India Limited	150,052
PNB Housing Finance Limited	130,830
Siemens Energy India Limited	121,767
Brigade Enterprises Limited	115,934
Carborundum Universal Limited	113,826
Automotive Axles Limited	113,076
Ingersoll Rand (India) Limited	81,147
SHREE CEMENT LIMITED	68,633
Sundaram Finance Limited	49,525
ZF Commercial Vehicle Control Systems India Limited	39,000
TVS Holdings Limited	30,807
Page Industries Limited	24,523
Sobha Limited	10,779
State Bank of India	500
Britannia Industries Limited	28

Recent comparable changes

Month	Company	State	Adjusted change
2026-08-31	NHPC Limited	REDUCE	-1,409,942
2026-08-31	Gujarat Pipavav Port Limited	REDUCE	-915,565
2026-08-31	Life Insurance Corporation Of India	NEW	+657,495
2026-08-31	GUJARAT ENERGY LIMITED	EXIT	-428,741
2026-08-31	Arvind Fashions Limited	ADD	+396,741
2026-08-31	ICICI Lombard General Insurance Company Limited	ADD	+260,893
2026-08-31	Bharti Airtel Limited	REDUCE	-250,000
2026-08-31	HDFC Life Insurance Company Limited	ADD	+207,682
2026-08-31	Larsen & Toubro Limited	REDUCE	-201,250
2026-08-31	HDFC Bank Limited	ADD	+200,000
2026-08-31	ICICI Bank Limited	REDUCE	-200,000
2026-08-31	Tata Chemicals Limited	REDUCE	-101,369
2026-08-31	Hindustan Aeronautics Limited	REDUCE	-95,000
2026-08-31	Ingersoll Rand (India) Limited	REDUCE	-82,223
2026-08-31	Cummins India Limited	ADD	+75,000
2026-08-31	Hero MotoCorp Limited	REDUCE	-57,950
2026-08-31	Info Edge (India) Limited	REDUCE	-50,000
2026-08-31	InterGlobe Aviation Limited	REDUCE	-50,000
2026-08-31	Asian Paints Limited	REDUCE	-48,309
2026-08-31	Avenue Supermarts Limited	ADD	+46,912
2026-08-31	Siemens Energy India Limited	REDUCE	-25,000
2026-08-31	ABB India Limited	REDUCE	-10,000
2026-08-31	SHREE CEMENT LIMITED	REDUCE	-363