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ICICI Prudential Business Cycle Fund: A lumpsum of Rs 1 lakh invested nearly doubles in just 3 years!

Over last one-year, the fund has delivered 40 per cent as compared to 34 per cent by its benchmark

Karan Dsij 0 4102 Article rating: 3.8

In terms of SIP, a monthly investment of Rs 10,000 since inception would amount to a total investment of Rs 3.7 lakh. As of January 31, 2024, the value of that investment would have grown to Rs 5.48 lakh, i.e. a CAGR of 26.5 per cent. A similar investment in the benchmark would have yielded a CAGR of 20.8 per cent for the same period.

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