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Axis Business Cycles Fund Growth
+13.29%
3Y annualised
-0.19% 1D
NAV: 05 Jun '26
₹16.00
Min. for SIP
₹100
Fund size (AUM)
₹2,065.05 Cr
Expense ratio
2.47%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,328 | +2.19% | |
| 6 months | ₹30,000 | ₹30,079 | +0.26% | |
| 1 year | ₹60,000 | ₹59,176 | -1.37% | |
| 3 years | ₹1,80,000 | ₹1,93,772 | +7.65% |
Holdings (81)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd | Industrials | 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 | Materials | Equity | 2.76% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.61% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 2.54% |
| Net Receivables | Unspecified | Net Receivables | 2.50% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.45% |
| Bharti Airtel Ltd | Technology | Equity | 2.42% |
| NTPC Ltd | Energy & Utilities | Equity | 2.25% |
| Indusind Bank Ltd | Financial | Equity | 2.22% |
| Aether Industries Ltd | Materials | Equity | 2.01% |
| BSE Ltd | Financial | Equity | 1.99% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 1.84% |
| Cummins India Ltd | Industrials | Equity | 1.79% |
| One 97 Communications Ltd | Industrials | Equity | 1.72% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.66% |
| Aarti Industries Ltd | Materials | Equity | 1.55% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 1.48% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 1.44% |
| PTC Industries Ltd | Materials | Equity | 1.43% |
| CreditAccess Grameen Ltd | Financial | Equity | 1.39% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.37% |
| Solar Industries India Ltd | Materials | Equity | 1.34% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 1.33% |
| Jyoti CNC Automation Ltd. | Industrials | Equity | 1.32% |
| Delhivery Ltd | Industrials | Equity | 1.31% |
| Zomato Ltd | Technology | Equity | 1.29% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 1.24% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 1.20% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 1.19% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 1.14% |
| GE T&D India Ltd | Industrials | Equity | 1.13% |
| ITC Ltd | Consumer Staples | Equity | 1.06% |
| Hyundai Motor India Ltd. | Consumer Discretionary | Equity | 1.05% |
| RBL Bank Ltd | Financial | Equity | 1.02% |
| HDFC Asset Management Company Ltd | Financial | Equity | 1.01% |
| RHI Magnesita India Ltd | Materials | Equity | 0.99% |
| PNB Housing Finance Ltd | Financial | Equity | 0.98% |
| Bosch Ltd | Consumer Discretionary | Equity | 0.96% |
| Brigade Enterprises Ltd | Real Estate | Equity | 0.95% |
| Bajaj Finserv Ltd | Financial | Equity | 0.95% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 0.94% |
| Coforge Ltd | Technology | Equity | 0.93% |
| Others CBLO | Unspecified | CBLO | 0.93% |
| Endurance Technologies Ltd | Consumer Discretionary | Equity | 0.91% |
| Indus Towers Ltd | Technology | Equity | 0.89% |
| Hindustan Zinc Ltd | Materials | Equity | 0.88% |
| L&T Finance Holdings Ltd | Financial | Equity | 0.88% |
| HCL Technologies Ltd | Technology | Equity | 0.87% |
| Ambuja Cements Ltd | Materials | Equity | 0.87% |
| Titagarh Wagons Ltd | Industrials | Equity | 0.87% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.86% |
| Infosys Ltd | Technology | Equity | 0.86% |
| City Union Bank Ltd | Financial | Equity | 0.85% |
| PI Industries Ltd | Materials | Equity | 0.83% |
| Asian Paints Ltd | Materials | Equity | 0.82% |
| Healthcare Global Enterprises Ltd | Healthcare | Equity | 0.81% |
| Jubilant FoodWorks Ltd | Consumer Discretionary | Equity | 0.79% |
| Hindustan Copper Ltd | Materials | 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 | Consumer Discretionary | Equity | 0.68% |
| Page Industries Ltd | Consumer Discretionary | Equity | 0.68% |
| Gujarat Fluorochemicals Ltd | Materials | Equity | 0.66% |
| CORONA Remedies Ltd. | Healthcare | Equity | 0.65% |
| Welspun Corp Ltd | Materials | Equity | 0.63% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 0.61% |
| Gabriel India Ltd | Consumer Discretionary | Equity | 0.59% |
| Pine Labs Ltd. | Technology | Equity | 0.58% |
| GOVERNMENT OF INDIA 37175 091 DAYS TBILL 04JU26 FV RS 100 | Financial | Treasury Bills | 0.48% |
| Century Textiles & Industries Ltd | Materials | Equity | 0.42% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.36% |
| SBI Life Insurance Company Ltd | Financial | Equity | 0.35% |
| Sapphire Foods India Ltd | Consumer Discretionary | Equity | 0.29% |
| IIFL Wealth Management Ltd | Financial | Equity | 0.26% |
| NIFTY May 2026 Future | Financial | Index Derivatives | 0.07% |
| Deepak Nitrite Ltd | Materials | Equity | 0.07% |
| CNX BANK INDEX-MAY2026 | Financial | Index Derivatives | 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 | -3.2% | -2.0% | +13.3% | +15.4% |
| Category average (Equity Thematic) | -1.0% | -0.6% | +16.8% | -- |
| Rank (Equity Thematic) | -- | 12 | 6 | -- |
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 ₹3,66,023 Cr and the Latest NAV as of 05 Jun 2026 is ₹16.00.
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₹3,66,022.79 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,