ICICI Prudential Fund Delivers 18.47% Return in 5 Years: Is it Time to Invest?

• ICICI Prudential Business Cycle Fund completed 5 years, offering significant returns to investors.
• A monthly SIP of ₹10,000 grew to ₹9.74 lakh, with an 18.47% CAGR, outperforming Nifty 500 TRI's 13.11%.
• Lump sum investment of ₹1 lakh became ₹2.51 lakh, showing a 20.06% CAGR, against Nifty 500 TRI's 15.47%.
• The fund uses a business-cycle-based approach, allocating capital across sectors based on economic phases.
• Focuses on domestic sectors (80% assets), with highest allocation in financials, automobiles, construction, and industrials.