ICICI Prudential Business Cycle Fund vs ICICI Prudential Technology Fund
Updated June 2026 · both Sectoral/Thematic funds · metrics from AMFI NAVs
In short: ICICI Prudential Business Cycle Fund has the higher 3-year return (+18.18%); ICICI Prudential Business Cycle Fund has the lower expense ratio (0.96%); ICICI Prudential Business Cycle Fund has the better risk-adjusted return (Sharpe 0.84). This is analysis from past data, not a recommendation.
| Metric | ICICI Prudential Business Cycle Fund | ICICI Prudential Technology Fund |
|---|---|---|
| 1Y return | -1.45% | -18.24% |
| 3Y CAGR | +18.18% | +8.06% |
| 5Y CAGR | +16.68% | +6.82% |
| Sharpe ratio | 0.84 | 0.23 |
| Max drawdown | -14.4% | -29.1% |
| Volatility | 13.4% | 19.5% |
| Alpha | +5.77% | -2.79% |
| Expense ratio (Direct) | 0.96% | 1.24% |
| AUM | ₹15.7K Cr | ₹14.4K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
ICICI Prudential Business Cycle Fund has the lower Direct-plan expense ratio (0.96%), versus 1.24% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Business Cycle Fund has the higher 3-year CAGR (+18.18%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.