Stocks
Invest in Stocks
Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.
F&O
Mutual Funds
Invest in Mutual Funds
Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Axis Business Cycles Fund Growth
+10.97%
3Y annualised
+0.06% 1D
NAV: 16 Sep '26
₹16.83
Min. for SIP
₹100
Fund size (AUM)
₹2,168.39 Cr
Expense ratio
2.37%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,093 | +0.62% | |
| 6 months | ₹30,000 | ₹31,498 | +4.99% | |
| 1 year | ₹60,000 | ₹62,963 | +4.94% | |
| 3 years | ₹1,80,000 | ₹2,01,545 | +11.97% |
Holdings (83)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd | Industrials | Equity | 3.84% |
| ICICI Bank Ltd | Financial | Equity | 3.72% |
| Axis Bank Ltd | Financial | Equity | 3.59% |
| HDFC Bank Ltd | Financial | Equity | 2.95% |
| Grasim Industries Ltd | Materials | Equity | 2.76% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.48% |
| Others CBLO | Unspecified | CBLO | 2.44% |
| Aether Industries Ltd | Materials | Equity | 2.42% |
| Bharti Airtel Ltd | Technology | Equity | 2.39% |
| Indusind Bank Ltd | Financial | Equity | 2.34% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 2.27% |
| One 97 Communications Ltd | Industrials | Equity | 2.20% |
| PTC Industries Ltd | Materials | Equity | 2.08% |
| HCL Technologies Ltd | Technology | Equity | 1.95% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 1.87% |
| Zomato Ltd | Technology | Equity | 1.65% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.55% |
| Bajaj Finance Ltd | Financial | Equity | 1.54% |
| Solar Industries India Ltd | Materials | Equity | 1.45% |
| CreditAccess Grameen Ltd | Financial | Equity | 1.45% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.40% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 1.39% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 1.39% |
| Tata Motors Ltd | Industrials | Equity | 1.32% |
| Net Receivables | Unspecified | Net Receivables | 1.31% |
| Jyoti CNC Automation Ltd. | Industrials | Equity | 1.29% |
| NTPC Ltd | Energy & Utilities | Equity | 1.29% |
| Bosch Ltd | Consumer Discretionary | Equity | 1.27% |
| TD Power Systems Ltd | Industrials | Equity | 1.26% |
| Hyundai Motor India Ltd. | Consumer Discretionary | Equity | 1.22% |
| Asian Paints Ltd | Materials | Equity | 1.14% |
| Endurance Technologies Ltd | Consumer Discretionary | Equity | 1.07% |
| Titagarh Wagons Ltd | Industrials | Equity | 1.05% |
| Bajaj Finserv Ltd | Financial | Equity | 1.04% |
| Hindustan Zinc Ltd | Materials | Equity | 1.03% |
| Amber Enterprises India Ltd | Consumer Discretionary | Equity | 1.03% |
| PNB Housing Finance Ltd | Financial | Equity | 1.02% |
| Hindustan Copper Ltd | Materials | Equity | 1.02% |
| Coforge Ltd | Technology | Equity | 1.00% |
| Brigade Enterprises Ltd | Real Estate | Equity | 1.00% |
| ABB India Ltd | Industrials | Equity | 1.00% |
| Canara Bank | Financial | Equity | 0.98% |
| Delhivery Ltd | Industrials | Equity | 0.97% |
| Info Edge (India) Ltd | Technology | Equity | 0.96% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 0.94% |
| Ambuja Cements Ltd | Materials | Equity | 0.93% |
| Vedanta Aluminium Metal Ltd | Materials | Equity | 0.91% |
| RBL Bank Ltd | Financial | Equity | 0.90% |
| Swiggy Ltd. | Technology | Equity | 0.88% |
| Pine Labs Ltd. | Technology | Equity | 0.87% |
| RHI Magnesita India Ltd | Materials | Equity | 0.86% |
| Cummins India Ltd | Industrials | Equity | 0.85% |
| Gujarat Fluorochemicals Ltd | Materials | Equity | 0.81% |
| Sapphire Foods India Ltd | Consumer Discretionary | Equity | 0.81% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 0.80% |
| Jubilant FoodWorks Ltd | Consumer Discretionary | Equity | 0.78% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.78% |
| Healthcare Global Enterprises Ltd | Healthcare | Equity | 0.76% |
| Minda Corporation Ltd | Consumer Discretionary | Equity | 0.75% |
| Aarti Industries Ltd | Materials | Equity | 0.73% |
| United Spirits Ltd | Consumer Staples | Equity | 0.73% |
| Mphasis Ltd | Technology | Equity | 0.72% |
| Chalet Hotels Ltd | Consumer Discretionary | Equity | 0.69% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.67% |
| City Union Bank Ltd | Financial | Equity | 0.66% |
| Welspun Corp Ltd | Materials | Equity | 0.63% |
| Page Industries Ltd | Consumer Discretionary | Equity | 0.63% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 0.63% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 0.61% |
| Tube Investments Of India Ltd | Consumer Discretionary | Equity | 0.61% |
| PI Industries Ltd | Materials | Equity | 0.61% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 0.59% |
| Alkem Laboratories Ltd | Healthcare | Equity | 0.59% |
| Shriram Pistons & Rings Ltd | Consumer Discretionary | Equity | 0.59% |
| IIFL Wealth Management Ltd | Financial | Equity | 0.58% |
| S.J.S Enterprises Ltd | Consumer Discretionary | Equity | 0.51% |
| Tech Mahindra Ltd | Technology | Equity | 0.48% |
| GOVERNMENT OF INDIA 37830 091 DAYS TBILL 12NV26 FV RS 100 | Financial | Treasury Bills | 0.46% |
| SBI Life Insurance Company Ltd | Financial | Equity | 0.37% |
| Century Textiles & Industries Ltd | Materials | Equity | 0.37% |
| Jindal Stainless Ltd | Materials | Equity | 0.28% |
| Dhoot Transmission Ltd | Consumer Discretionary | Equity | 0.17% |
| NIFTY September 2026 Future | Financial | Index Derivatives | 0.04% |
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 | +11.6% | +0.7% | +11.0% | +15.7% |
| Category average (Equity Thematic) | -1.0% | -0.6% | +16.8% | -- |
| Rank (Equity Thematic) | -- | 6 | 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 ₹3,92,677 Cr and the Latest NAV as of 16 Sep 2026 is ₹16.83.
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.
;
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₹3,92,677.12 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,