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ITI Business Cycle Fund- Direct Plan- Growth

Equity Data as of Apr 2026 Comparing Mar 2026 → Apr 2026
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Stocks Held
73
Apr 2026
Equity Holdings
₹99.01 Cr
Equity only, excl. debt & cash
Top 5 Weight
16.2%
Diversified
Top 10 Weight
25.1%
Diversified
Changes
87
40 new · 14 exits
Top Sector
Banks
16.9% of portfolio
📋 What Happened This Month ITI Business Cycle Fund made 40 new additions and exited 14 stocks this month. The biggest new buy was Power Grid Corporation of India Limited (Power) at 1.77% weight. Mahindra & Mahindra Limited was the biggest exit (Automobiles), which was held at 2.86%. Among existing holdings, Tata Steel Limited saw the biggest increase — now at 1.83% of the portfolio. Reliance Industries Limited was trimmed the most, now at 3.32%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 16.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
Earlier shift unavailable
Needs 3 months of holdings data.
Mar 2026 Apr 2026
Sector Prev Curr Delta
Banks 14.4% 16.9% +2.4%
Pharmaceuticals & Biotechnology 12.7% 13.5% +0.8%
Power 2.5% 7.5% +5.1%
Ferrous Metals 2.0% 5.7% +3.7%
Industrial Products 0.0% 4.3% +4.3%
Electrical Equipment 0.6% 4.3% +3.7%
Aerospace & Defense 2.3% 3.7% +1.4%
Auto Components 0.6% 3.4% +2.8%
Capital Markets 2.6% 3.4% +0.8%
Petroleum Products 4.1% 3.3% -0.8%
🟢
Biggest New Buy
Power Grid Corporation of India Limited
1.77% weight · Power
🔴
Biggest Exit
Mahindra & Mahindra Limited
2.86% was held · Automobiles
Biggest Add
Tata Steel Limited
+1.40% · now 1.83%
Biggest Trim
Reliance Industries Limited
-0.82% · now 3.32%
🤝 Other funds also bought this month
Power Grid Corporation of India Limited 47 funds
Power Grid Corporation of India Limited
Bandhan Nifty 500 Value 50 Index Fund
Mirae Asset Nifty 500 Value 50 ETF
Mirae Asset Nifty India Infrastructure & Logistics ETF + more
FSN E-Commerce Ventures Limited 43 funds
FSN E-Commerce Ventures Limited
Mirae Asset Nifty India Internet ETF
Tata Nifty India Digital Exchange Traded Fund
HDFC Nifty India Digital Index Fund (An open ended scheme replicating/tracking Nifty India Digital Index (TRI)) + more
Avenue Supermarts Limited 41 funds
Avenue Supermarts Limited
ICICI Prudential Long Term Wealth Enhancement Fund
Mirae Asset Great Consumer Fund
Mirae Asset Nifty India New Age Consumption ETF + more
Cummins India Limited 40 funds
Cummins India Limited
ICICI Prudential Manufacturing Fund
ICICI Prudential Nifty200 Quality 30 Index Fund - Direct Plan - Growth
Bandhan Nifty200 Momentum 30 Index Fund + more
Nestle India Limited 39 funds
Nestle India Limited
ICICI Prudential Nifty200 Quality 30 Index Fund - Direct Plan - Growth
HDFC Nifty100 Quality 30 Index Fund (An open ended scheme replicating/tracking Nifty100 Quality 30 Index (TRI))
ICICI Prudential MNC Fund - Direct Plan - Growth Option + more
Bharat Heavy Electricals Limited 33 funds
Bharat Heavy Electricals Limited
CANARA ROBECO MANUFACTURING FUND
quant Dynamic Asset Allocation Fund
quant Momentum Fund - Growth Option - Direct Plan + more
👋 Other funds also exited
Vedanta Limited 72 funds
Vedanta Limited
SBI Quant Fund- Direct Plan- Growth
UTI Nifty Next 50 Index Fund - Direct Plan - Growth Option
Bandhan Nifty Next 50 Index Fund - Direct Plan - Growth + more
Sun Pharmaceutical Industries Limited 33 funds
Sun Pharmaceutical Industries Limited
ICICI Prudential Long Term Bond Fund - Direct Plan - Growth
ICICI Prudential Nifty 200 Momentum 30 ETF
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
Mahindra & Mahindra Limited 29 funds
Mahindra & Mahindra Limited
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth
ICICI Prudential Nifty 200 Momentum 30 ETF
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth + more
Lupin Limited 28 funds
Lupin Limited
ICICI Prudential BSE Midcap Select ETF
Bandhan Multi-Factor Fund - Direct Plan - Growth
ICICI Prudential Nifty Alpha Low- Volatility 30 ETF + more
Axis Bank Limited 25 funds
Axis Bank Limited
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth + more
Bajaj Finance Limited 24 funds
Bajaj Finance Limited
quant Multi Asset Allocation Fund-GROWTH OPTION-Direct Plan
UTI Equity Savings Fund - Direct Plan - Growth Option
JM Large & Mid Cap Fund (Direct) - Growth Option + more

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 Apr 2026
🟢 40 New Entries 🔴 14 Exits ↑ 14 Increased ↓ 19 Decreased
#StockSectorWeight (Apr 2026)
1
Power Grid Corporation of India Limited
₹1.83 Cr
Power 1.77%
2
Nestle India Limited
₹1.69 Cr
Food Products 1.64%
3
Laurus Labs Limited
₹1.49 Cr
Pharmaceuticals & Biotechnology 1.45%
4
Neuland Laboratories Limited
₹1.49 Cr
Pharmaceuticals & Biotechnology 1.44%
5
Tata Power Company Limited
₹1.43 Cr
Power 1.39%
6
Avenue Supermarts Limited
₹1.40 Cr
Retailing 1.36%
7
Bharat Heavy Electricals Limited
₹1.39 Cr
Electrical Equipment 1.35%
8
Cummins India Limited
₹1.38 Cr
Industrial Products 1.34%
9
Union Bank of India
₹1.32 Cr
Banks 1.28%
10
Adani Power Limited
₹1.28 Cr
Power 1.24%
#StockSectorLast Weight (Mar 2026)
1
Mahindra & Mahindra Limited
₹2.66 Cr
Automobiles 2.86%
2
Lupin Limited
₹1.66 Cr
Pharmaceuticals & Biotechnology 1.79%
3
Torrent Pharmaceuticals Limited
₹1.17 Cr
Pharmaceuticals & Biotechnology 1.26%
4
Sundaram Finance Limited
₹97.62 L
Finance 1.05%
5
Sun Pharmaceutical Industries Limited
₹96.15 L
Pharmaceuticals & Biotechnology 1.04%
6
Oil India Limited
₹91.29 L
Oil 0.98%
7
ITC Limited
₹90.07 L
Diversified FMCG 0.97%
8
Cholamandalam Investment and Finance Company Ltd
₹88.90 L
Finance 0.96%
9
Axis Bank Limited
₹81.35 L
Banks 0.88%
10
Vedanta Limited
₹77.88 L
Diversified Metals 0.84%
#StockSectorMar 2026Apr 2026Change
1
Tata Steel Limited
₹1.89 Cr
Ferrous Metals 0.43% 1.83% +1.40%
2
Bharat Electronics Limited
₹2.24 Cr
Aerospace & Defense 0.87% 2.18% +1.31%
3
JSW Steel Limited
₹1.61 Cr
Ferrous Metals 0.27% 1.56% +1.29%
4
BSE Limited
₹1.51 Cr
Capital Markets 0.26% 1.46% +1.20%
5
Titan Company Limited
₹1.89 Cr
Consumer Durables 0.90% 1.84% +0.94%
6
Bharat Forge Limited
₹1.27 Cr
Auto Components 0.61% 1.23% +0.62%
7
Hindalco Industries Limited
₹1.47 Cr
Non - Ferrous Metals 0.87% 1.42% +0.55%
8
Multi Commodity Exchange of India Limited
₹1.46 Cr
Capital Markets 1.26% 1.41% +0.15%
9
Data Patterns (India) Limited
₹1.57 Cr
Aerospace & Defense 1.42% 1.52% +0.10%
10
RBL Bank Limited
₹1.65 Cr
Banks 1.53% 1.60% +0.07%
#StockSectorMar 2026Apr 2026Change
1
Reliance Industries Limited
₹3.42 Cr
Petroleum Products 4.14% 3.32% -0.82%
2
Aditya Birla Sun Life AMC Limited
₹50.46 L
Capital Markets 1.04% 0.49% -0.55%
3
Oil & Natural Gas Corporation Limited
₹1.73 Cr
Oil 2.21% 1.68% -0.53%
4
NTPC Limited
₹2.03 Cr
Power 2.45% 1.97% -0.48%
5
JB Chemicals & Pharmaceuticals Limited
₹1.14 Cr
Pharmaceuticals & Biotechnology 1.57% 1.10% -0.47%
6
Larsen & Toubro Limited
₹85.30 L
Construction 1.30% 0.83% -0.47%
7
Glenmark Pharmaceuticals Limited
₹1.27 Cr
Pharmaceuticals & Biotechnology 1.67% 1.23% -0.44%
8
Coal India Limited
₹1.76 Cr
Consumable Fuels 2.09% 1.71% -0.38%
9
HDFC Bank Limited
₹5.27 Cr
Banks 5.39% 5.11% -0.28%
10
IPCA Laboratories Limited
₹1.49 Cr
Pharmaceuticals & Biotechnology 1.67% 1.44% -0.23%

Full Portfolio

73 stocks — Apr 2026

# Stock Sector Cap Weight & Value
1
₹5.27 Cr
Banks
5.11%
2
₹3.75 Cr
Banks
3.64%
3
₹3.42 Cr
Petroleum Products
3.32%
4
₹2.24 Cr
Aerospace & Defense
2.18%
5
₹2.03 Cr
Power
1.97%
6
₹1.89 Cr
Consumer Durables
1.84%
7
₹1.89 Cr
Ferrous Metals
1.83%
8
₹1.83 Cr
Power
1.77%
9
₹1.76 Cr
Consumable Fuels
1.71%
10
₹1.75 Cr
Banks
1.69%
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Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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