← ITI Mutual Fund

ITI Business Cycle Fund- Direct Plan- Growth

Equity Data as of Jul 2026 Comparing Jun 2026 → Jul 2026
Share: WhatsApp X
Stocks Held
74
Jul 2026
Equity Holdings
₹112.63 Cr
Equity only, excl. debt & cash
AAUM
₹105.19 Cr
Apr-Jun 2026 · Direct + Regular
Top 5 Weight
15.7%
Diversified
Top 10 Weight
24.2%
Diversified
Changes
90
18 new · 22 exits
Top Sector
Banks
17.2% of portfolio
Launch Date
13 Feb 2026
0 years old

AAUM (Average Assets Under Management) of ₹105.19 Cr for Apr-Jun 2026 is the combined figure across Direct and Regular plans — sourced from AMFI India's quarterly disclosure. Equity Holdings above shows only the stock portion from the latest portfolio filing.

📋 What Happened This Month ITI Business Cycle Fund made 18 new additions and exited 22 stocks this month. The biggest new buy was Bajaj Finance Limited (Finance) at 2.82% weight. Tata Steel Limited was the biggest exit (Ferrous Metals), which was held at 1.48%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 4.71% of the portfolio. State Bank of India was trimmed the most, now at 1.86%. ICICI Bank Limited remains the top holding with Banks the dominant sector at 17.2%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.
Sector Shift Industry allocation month-over-month
May 2026 Jun 2026
Sector Prev Curr Delta
Banks 15.5% 17.0% +1.6%
Pharmaceuticals & Biotechnology 10.3% 9.8% -0.6%
Industrial Products 6.6% 6.3% -0.3%
Healthcare Services 4.6% 5.7% +1.1%
Electrical Equipment 4.3% 5.1% +0.8%
Chemicals & Petrochemicals 4.3% 4.4% +0.1%
Finance 1.7% 3.8% +2.1%
Capital Markets 4.0% 3.6% -0.4%
Power 5.4% 3.3% -2.1%
Retailing 2.1% 3.2% +1.2%
Jun 2026 Jul 2026
Sector Prev Curr Delta
Banks 17.0% 17.2% +0.2%
Pharmaceuticals & Biotechnology 9.8% 11.7% +1.9%
Finance 3.8% 9.0% +5.3%
Chemicals & Petrochemicals 4.4% 7.4% +3.0%
Healthcare Services 5.7% 6.0% +0.3%
Industrial Products 6.3% 4.9% -1.4%
Capital Markets 3.6% 3.7% +0.1%
Petroleum Products 2.7% 2.7% 0.0%
Commercial Services & Supplies 1.0% 2.4% +1.4%
Retailing 3.2% 2.4% -0.9%
🟢
Biggest New Buy
Bajaj Finance Limited
2.82% weight · Finance
🔴
Biggest Exit
Tata Steel Limited
1.48% was held · Ferrous Metals
Biggest Add
ICICI Bank Limited
+1.12% · now 4.71%
Biggest Trim
State Bank of India
-1.03% · now 1.86%
🤝 Other funds also bought this month
SBI Funds Management Limited 89 funds
SBI Funds Management Limited
Helios Financial Services Fund - Direct Plan - Growth Option
quant BFSI Fund - Growth Option - Direct Plan
Bajaj Finserv Banking and Financial Services Fund - Direct - Growth + more
Torrent Pharmaceuticals Limited 78 funds
Torrent Pharmaceuticals Limited
ADITYA BIRLA SUN LIFE PHARMA & HEALTHCARE FUND
WhiteOak Capital Pharma and Healthcare Fund
Kotak Healthcare Fund - Direct Plan - Growth Option + more
Eternal Limited 32 funds
Eternal Limited
WhiteOak Capital Consumption Opportunities Fund Direct Plan Growth
Mirae Asset Nifty Top 20 Equal Weight ETF
Motilal Oswal Asset Management Company Limited + more
Divi's Laboratories Limited 29 funds
Divi's Laboratories Limited
Edelweiss MSCI India Domestic and World Healthcare 45 Index Fund
ADITYA BIRLA SUN LIFE NIFTY NEXT 50 ETF
WhiteOak Capital Pharma and Healthcare Fund + more
Bajaj Finance Limited 24 funds
Bajaj Finance Limited
Baroda BNP Paribas Banking & Financial Services Fund
Mirae Asset Nifty Top 20 Equal Weight ETF
ICICI Prudential Active Momentum Fund - Direct Plan - Growth + more
L&T Finance Limited 23 funds
L&T Finance Limited
SAMCO ELSS TAX SAVER FUND
Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund
DSP Mid Cap Fund + more
👋 Other funds also exited
JB Chemicals & Pharmaceuticals Limited 160 funds
JB Chemicals & Pharmaceuticals Limited
Groww Nifty Smallcap250 ETF
WhiteOak Capital Pharma and Heathcare Fund Direct Plan Growth
Mirae Asset Healthcare Fund Direct Growth + more
Larsen & Toubro Limited 63 funds
Larsen & Toubro Limited
quant ELSS Tax Saver Fund - Growth Option - Direct Plan
Invesco India - Invesco Pan European Equity Fund of Fund - Direct Plan - Growth Option
quant Large Cap Fund - Growth Option - Direct Plan + more
Bharti Airtel Limited 58 funds
Bharti Airtel Limited
Sundaram Equity Savings Fund
Mirae Asset BSE Sensex ETF
BANDHAN BSE Sensex ETF + more
Tata Steel Limited 58 funds
Tata Steel Limited
DSP Natural Resources and New Energy Fund - Direct Plan - Growth
Bandhan Multi-Factor Fund - Direct Plan - Growth
Mirae Asset BSE 500 Dividend Leaders 50 ETF + more
Trent Limited 42 funds
Trent Limited
Groww Nifty 50 ETF
Invesco India Large & Mid Cap Fund - Direct Plan - Growth
Invesco India Consumption Fund - Direct Plan - Growth + more
Avenue Supermarts Limited 33 funds
Avenue Supermarts Limited
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Direct Plan - Growth Option
Mirae Asset Nifty Next 50 ETF
Aditya Birla Sunlife Nifty Next 50 ETF + more

What Changed in the Portfolio This Month?

Comparing Jun 2026 → Jul 2026

Jun 2026 Jul 2026
🟢 18 New Entries 🔴 22 Exits ↑ 20 Increased ↓ 30 Decreased
#StockSectorWeight (Jul 2026)
1
Bajaj Finance Limited
₹3.25 Cr
Finance 2.82%
2
Pidilite Industries Limited
₹1.66 Cr
Chemicals & Petrochemicals 1.44%
3
Redington Limited
₹1.65 Cr
Commercial Services & Supplies 1.43%
4
SBI Funds Management Limited
₹1.57 Cr
Capital Markets 1.36%
5
Gujarat Fluorochemicals Limited
₹1.56 Cr
Chemicals & Petrochemicals 1.36%
6
Divi's Laboratories Limited
₹1.56 Cr
Pharmaceuticals & Biotechnology 1.36%
7
TVS Motor Company Limited
₹1.54 Cr
Automobiles 1.34%
8
Eternal Limited
₹1.51 Cr
Retailing 1.31%
9
IDFC First Bank Limited
₹1.49 Cr
Banks 1.30%
10
Oberoi Realty Limited
₹1.49 Cr
Realty 1.29%
#StockSectorLast Weight (Jun 2026)
1
Tata Steel Limited
₹1.68 Cr
Ferrous Metals 1.48%
2
Avenue Supermarts Limited
₹1.34 Cr
Retailing 1.18%
3
JB Chemicals & Pharmaceuticals Limited
₹1.28 Cr
Pharmaceuticals & Biotechnology 1.12%
4
KEI Industries Limited
₹1.26 Cr
Industrial Products 1.11%
5
Siemens Limited
₹1.25 Cr
Electrical Equipment 1.10%
6
JSW Energy Limited
₹1.25 Cr
Power 1.10%
7
Tata Power Company Limited
₹1.24 Cr
Power 1.09%
8
Granules India Limited
₹1.23 Cr
Pharmaceuticals & Biotechnology 1.08%
9
Angel One Limited
₹1.22 Cr
Capital Markets 1.08%
10
Trent Limited
₹1.18 Cr
Retailing 1.04%
#StockSectorJun 2026Jul 2026Change
1
ICICI Bank Limited
₹5.42 Cr
Banks 3.59% 4.71% +1.12%
2
Shriram Finance Limited
₹2.06 Cr
Finance 0.79% 1.79% +1.00%
3
AU Small Finance Bank Limited
₹1.68 Cr
Banks 1.20% 1.46% +0.26%
4
Laurus Labs Limited
₹1.93 Cr
Pharmaceuticals & Biotechnology 1.42% 1.67% +0.25%
5
IIFL Finance Limited
₹1.29 Cr
Finance 0.94% 1.12% +0.18%
6
Titan Company Limited
₹2.10 Cr
Consumer Durables 1.67% 1.83% +0.16%
7
Dr. Lal Path Labs Limited
₹1.43 Cr
Healthcare Services 1.09% 1.24% +0.15%
8
Infosys Limited
₹1.26 Cr
IT - Software 0.98% 1.09% +0.11%
9
Radico Khaitan Limited
₹1.54 Cr
Beverages 1.24% 1.34% +0.10%
10
Nestle India Limited
₹1.61 Cr
Food Products 1.32% 1.39% +0.07%
#StockSectorJun 2026Jul 2026Change
1
State Bank of India
₹2.14 Cr
Banks 2.89% 1.86% -1.03%
2
Syrma SGS Technology Limited
₹1.07 Cr
Industrial Manufacturing 1.27% 0.93% -0.34%
3
HDFC Bank Limited
₹4.10 Cr
Banks 3.85% 3.56% -0.29%
4
Turtlemint Fintech Solutions Limited
₹1.98 Cr
Financial Technology (Fintech) 1.98% 1.71% -0.27%
5
Finolex Cables Limited
₹94.57 L
Industrial Products 0.99% 0.82% -0.17%
6
Adani Ports and Special Economic Zone Limited
₹1.59 Cr
Transport Infrastructure 1.49% 1.38% -0.11%
7
Gokaldas Exports Limited
₹1.46 Cr
Textiles & Apparels 1.38% 1.27% -0.11%
8
BSE Limited
₹1.51 Cr
Capital Markets 1.41% 1.31% -0.10%
9
The Great Eastern Shipping Company Limited
₹1.03 Cr
Transport Services 0.99% 0.89% -0.10%
10
Coal India Limited
₹1.52 Cr
Consumable Fuels 1.41% 1.32% -0.09%

What Stocks Does This Fund Hold?

74 stocks — Jul 2026

# Stock Sector Cap Weight & Value
1
₹5.42 Cr
Banks
4.71%
2
₹4.10 Cr
Banks
3.56%
3
₹3.25 Cr
Finance
2.82%
4
₹3.13 Cr
Petroleum Products
2.72%
5
₹2.14 Cr
Banks
1.86%
6
₹2.10 Cr
Consumer Durables
1.83%
7
₹2.06 Cr
Finance
1.79%
8
₹1.98 Cr
Financial Technology (Fintech)
1.71%
9
₹1.93 Cr
Pharmaceuticals & Biotechnology
1.67%
10
₹1.72 Cr
Banks
1.49%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
🏦 ITI Mutual Fund — Portfolio & Holdings
See all funds managed by ITI Mutual Fund — conviction stocks, monthly entries & exits

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.

Found a discrepancy or have feedback? Contact Us — we read every message personally.