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Axis Business Cycles Fund Growth
+14.46%
3Y annualised
-0.55% 1D
NAV: 15 May '26
₹16.14
Min. for SIP
₹100
Fund size (AUM)
₹2,065.05 Cr
Expense ratio
2.20%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,286 | +1.91% | |
| 6 months | ₹30,000 | ₹30,060 | +0.20% | |
| 1 year | ₹60,000 | ₹59,544 | -0.76% | |
| 3 years | ₹1,80,000 | ₹1,97,084 | +9.49% |
Holdings (78)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | Equity | 4.00% |
| Axis Bank Ltd. | Financial | Equity | 3.47% |
| ICICI Bank Ltd. | Financial | Equity | 3.39% |
| HDFC Bank Ltd. | Financial | Equity | 3.18% |
| Ultratech Cement Ltd. | Construction | Equity | 2.76% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.61% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.54% |
| Reliance Industries Ltd. | Energy | Equity | 2.45% |
| Bharti Airtel Ltd. | Communication | Equity | 2.42% |
| NTPC Ltd. | Energy | Equity | 2.25% |
| Indusind Bank Ltd. | Financial | Equity | 2.22% |
| Aether Industries Ltd. | Chemicals | Equity | 2.01% |
| BSE Ltd. | Services | Equity | 1.99% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.84% |
| Cummins India Ltd. | Capital Goods | Equity | 1.79% |
| One97 Communications Ltd. | Services | Equity | 1.72% |
| Jindal Steel Ltd. | Metals & Mining | Equity | 1.66% |
| Aarti Industries Ltd. | Chemicals | Equity | 1.55% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.48% |
| Vishal Mega Mart Ltd. | Services | Equity | 1.44% |
| PTC Industries Ltd. | Metals & Mining | Equity | 1.43% |
| CreditAccess Grameen Ltd. | Financial | Equity | 1.39% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.37% |
| Solar Industries India Ltd. | Chemicals | Equity | 1.34% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.33% |
| Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.32% |
| Delhivery Ltd. | Services | Equity | 1.31% |
| Eternal Ltd. | Services | Equity | 1.29% |
| Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.24% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 1.20% |
| Sona BLW Precision Forgings Ltd. | Automobile | Equity | 1.19% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 1.14% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.13% |
| ITC Ltd. | Consumer Staples | Equity | 1.06% |
| Hyundai Motor India Ltd. | Automobile | Equity | 1.05% |
| RBL Bank Ltd. | Financial | Equity | 1.02% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 1.01% |
| RHI Magnesita India Ltd. | Construction | Equity | 0.99% |
| PNB Housing Finance Ltd. | Financial | Equity | 0.98% |
| Bosch Ltd. | Automobile | Equity | 0.96% |
| Brigade Enterprises Ltd. | Construction | Equity | 0.95% |
| Bajaj Finserv Ltd. | Financial | Equity | 0.95% |
| Shriram Finance Ltd | Financial | Equity | 0.94% |
| Coforge Ltd. | Technology | Equity | 0.93% |
| Endurance Technologies Ltd. | Automobile | Equity | 0.91% |
| Indus Towers Ltd. | Communication | Equity | 0.89% |
| Hindustan Zinc Ltd. | Metals & Mining | Equity | 0.88% |
| L&T Finance Ltd. | Financial | Equity | 0.88% |
| HCL Technologies Ltd. | Technology | Equity | 0.87% |
| Ambuja Cements Ltd. | Construction | Equity | 0.87% |
| Titagarh Rail Systems Ltd. | Automobile | Equity | 0.87% |
| Jubilant Ingrevia Ltd. | Chemicals | Equity | 0.86% |
| Infosys Ltd. | Technology | Equity | 0.86% |
| City Union Bank Ltd. | Financial | Equity | 0.85% |
| PI Industries Ltd. | Chemicals | Equity | 0.83% |
| Asian Paints Ltd. | Chemicals | Equity | 0.82% |
| Healthcare Global Enterprises Ltd. | Healthcare | Equity | 0.81% |
| Jubilant FoodWorks Ltd. | Services | Equity | 0.79% |
| Hindustan Copper Ltd. | Metals & Mining | Equity | 0.78% |
| Bandhan Bank Ltd. | Financial | Equity | 0.72% |
| Mphasis Ltd. | Technology | Equity | 0.71% |
| United Spirits Ltd. | Consumer Staples | Equity | 0.68% |
| Tube Investments Of India Ltd. | Automobile | Equity | 0.68% |
| Page Industries Ltd. | Textiles | Equity | 0.68% |
| Gujarat Fluorochemicals Ltd. | Chemicals | Equity | 0.66% |
| CORONA Remedies Ltd. | Healthcare | Equity | 0.65% |
| Welspun Corp Ltd. | Metals & Mining | Equity | 0.63% |
| Bharat Forge Ltd. | Automobile | Equity | 0.61% |
| Gabriel India Ltd. | Automobile | Equity | 0.59% |
| Pine Labs Ltd. | Financial | Equity | 0.58% |
| Reserve Bank of India | Financial | T-Bills | 0.48% |
| Aditya Birla Real Estate Ltd. | Consumer Staples | Equity | 0.42% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 0.36% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 0.35% |
| Sapphire Foods India Ltd. | Services | Equity | 0.29% |
| 360 One Wam Ltd. | Financial | Equity | 0.26% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 0.07% |
| Nifty Bank | Financial | ID | 0.03% |
See All
Minimum investments
Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | -3.7% | +0.8% | +14.5% | +16.0% |
| Category average (Equity Thematic) | -1.0% | -0.6% | +16.8% | -- |
| Rank (Equity Thematic) | -- | 7 | 4 | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
ANAshish NaikFeb 2023 - PresentView details
AN
Ashish Naik
Feb 2023 - Present
View details
About Axis Business Cycles Fund Growth
Axis Business Cycles Fund Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Ashish Naik is the Current Fund Manager of Axis Business Cycles Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,66,572 Cr and the Latest NAV as of 15 May 2026 is ₹16.14.
The Axis Business Cycles Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
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Investment Objective
The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#7 in India
Total AUM₹3,66,572.37 Cr
Date of Incorporation04 Sep 2009
Launch Date04 Sep 2009
Address23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,