BCB ICL Growth Fund

Growth+ dividends

Open-end growth mutual fund in Bangladesh, managed by Impress Capital. Tracked since Jul 2019, with dividends reinvested by default or taken as cash.

৳12.86NAV per unit
৳21 crFund size
7.0 yrsSince Jul 2019
+6.82%Per year, since launch

Latest collected NAV: 29 Jun 2026, from Impress Capital's website. Page last updated: 20 Jul 2026. NAVs are refreshed every day.

Historical returns

Total return reinvests every dividend. “Per year” is the annualized compound rate. The last column is the return on a fixed amount invested every month (SIP).

Return periodTotal returnPer yearMonthly SIP /yr
6 months+12.71%+27.03%+26.42%
1 year+22.87%+22.87%+24.14%
2 years+40.14%+18.38%+18.73%
3 years+30.27%+9.21%+14.70%
5 years+35.19%+6.22%+9.57%
Max (7.0 yrs)+57.85%+6.82%+9.36%

Figures as of 29 Jun 2026. Total return includes the fund’s cash dividends (about 11%/yr), reinvested by default.

Calculate your return

Just this fund. Set an amount, pick one-time or monthly, and choose a period.

Dividends
৳1,000 · Jul 2019৳1,579 · 29 Jun 2026

Total-return NAV rebased to your amount. Dividends are reinvested by default; switch to taken as cash above.

Fund details

Management fee2.50% down to 1.00% per year (tiered by fund size)
Early-exit feeTk 0.10 per unit discount from NAV on surrender
Minimum investmentBDT 1,000 (100 units)
LiquidityOpen-end, redeemable weekly at NAV
Asset managerImpress Capital
SponsorBangladesh Commerce Bank
TrusteeInvestment Corporation of Bangladesh
CustodianBRAC Bank
Face valueBDT 10 per unit

What BCB ICL Growth Fund holds

As of 31 Mar 2026

From the fund’s quarterly portfolio disclosure. Percentages by market value.

Asset mix
Listed equity 71.83%Government securities (T-bonds) 24.00%Corporate bond 1.01%Cash at bank 2.46%Receivables & prepayments 0.71%
Sector allocation
Bank32.78%
Pharmaceuticals & Chemicals22.56%
Telecommunication3.66%
Financial Institution3.19%
Cement3.10%
Engineering3.04%
Food & Allied1.90%
Miscellaneous1.61%
Top holdings
BRAC Bank11.60%
Marico Bangladesh9.16%
Square Pharmaceuticals9.14%
Prime Bank8.33%
Jamuna Bank5.21%
Renata4.27%
Pubali Bank3.62%
City Bank3.39%
IDLC Finance3.19%
LafargeHolcim Bangladesh3.10%

Its 5 largest holdings are 43.43% of the fund.

✓ Verified from ICL quarterly financial statements (scrip-level annexure) (31 Mar 2026). Holdings are disclosed quarterly, so they can lag the latest weekly NAV.

T-bonds held at fair value; the Tk 20 lakh BRAC Bank subordinated bond is carried at cost in the statement.

Questions about BCB ICL Growth Fund

What kind of fund is BCB ICL Growth Fund?
BCB ICL Growth Fund is an open-end growth mutual fund in Bangladesh, managed by Impress Capital. You buy and redeem units at its weekly net asset value (NAV), and it has no fixed maturity.

What is the historical return of BCB ICL Growth Fund?
Over roughly 7.0 years to 29 Jun 2026, BCB ICL Growth Fund returned about +6.82% per year, as a total return with dividends reinvested. The figure changes with the period you choose, and past performance does not guarantee future results.

What are the fees for BCB ICL Growth Fund?
BCB ICL Growth Fund charges a management fee of 2.50% down to 1.00% per year (tiered by fund size). Its published NAV, and so every return shown, is already net of this fee.

Does BCB ICL Growth Fund have an exit load?
Tk 0.10 per unit discount from NAV on surrender.

What is the minimum investment for BCB ICL Growth Fund?
BCB ICL Growth Fund has a one-time minimum of BDT 1,000 (100 units).

Is BCB ICL Growth Fund Shariah-compliant?
No. BCB ICL Growth Fund is a conventional open-end fund, not Shariah-certified. ReturnKoto? has a one-tap filter to show only Shariah funds.

Compare BCB ICL Growth Fund with other funds →
ExperimentalReturnKoto? ratingstill being calibrated

We are building a rules-based rating for each fund. It is experimental and still being calibrated, so treat it as one starting point for your own research rather than a verdict, and expect it to change as the method is refined. Every input is published on the ratings page so you can check it yourself.

3 of 55th of 17 growth funds

A rules-based score over the same fixed 3-year window every fund is measured on: return against its benchmark, downside deviation, worst drop and consistency, on a scale set for growth funds.

5-year rating: 3 of 5 over the same fixed 5-year window (6th of 15).

Stars capped at 3: over this window its return did not beat both of its yardsticks, the 91-day T-bill and (for equity funds) the DSEX index.

Return / year (3 yr)
+9.20%
Downside deviation
6.8%
Worst drop
-12%
Consistency
88%
Versus the market (DSEX)

Beta 0.44 · historically moved about 0.44% for each 1% move in the DSEX market index. DSEX explains roughly 18% of its month-to-month swings.

✓ Rules-based, measured from the fund’s own NAV history. How the rating will work.