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Axis Business Cycles Fund Growth
+13.29%
3Y annualised
-0.06% 1D
NAV: 16 Jul '26
₹16.84
Min. for SIP
₹100
Fund size (AUM)
₹2,088.60 Cr
Expense ratio
2.28%
Rating
--
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,332 | +2.21% | |
| 6 months | ₹30,000 | ₹31,362 | +4.54% | |
| 1 year | ₹60,000 | ₹61,985 | +3.31% | |
| 3 years | ₹1,80,000 | ₹2,00,724 | +11.51% |
Holdings (81)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd | Industrials | Equity | 4.08% |
| ICICI Bank Ltd | Financial | Equity | 3.65% |
| Axis Bank Ltd | Financial | Equity | 3.64% |
| HDFC Bank Ltd | Financial | Equity | 3.26% |
| Grasim Industries Ltd | Materials | Equity | 2.64% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.64% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 2.49% |
| Zomato Ltd | Technology | Equity | 2.44% |
| Bharti Airtel Ltd | Technology | Equity | 2.35% |
| Aether Industries Ltd | Materials | Equity | 2.30% |
| Indusind Bank Ltd | Financial | Equity | 2.21% |
| BSE Ltd | Financial | Equity | 2.09% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.01% |
| Cummins India Ltd | Industrials | Equity | 1.90% |
| One 97 Communications Ltd | Industrials | Equity | 1.77% |
| CreditAccess Grameen Ltd | Financial | Equity | 1.65% |
| Solar Industries India Ltd | Materials | Equity | 1.61% |
| CG Power & Industrial Solutions Ltd | Industrials | Equity | 1.55% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.53% |
| PTC Industries Ltd | Materials | Equity | 1.53% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.43% |
| Net Receivables | Unspecified | Net Receivables | 1.41% |
| Aarti Industries Ltd | Materials | Equity | 1.38% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 1.37% |
| Bajaj Finance Ltd | Financial | Equity | 1.37% |
| Jyoti CNC Automation Ltd. | Industrials | Equity | 1.35% |
| Delhivery Ltd | Industrials | Equity | 1.31% |
| NTPC Ltd | Energy & Utilities | Equity | 1.30% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 1.28% |
| Tata Motors Ltd | Industrials | Equity | 1.23% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 1.20% |
| Asian Paints Ltd | Materials | Equity | 1.18% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 1.12% |
| RBL Bank Ltd | Financial | Equity | 1.11% |
| Hyundai Motor India Ltd. | Consumer Discretionary | Equity | 1.09% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 1.06% |
| Bosch Ltd | Consumer Discretionary | Equity | 1.05% |
| Endurance Technologies Ltd | Consumer Discretionary | Equity | 1.03% |
| Coforge Ltd | Technology | Equity | 1.02% |
| Ambuja Cements Ltd | Materials | Equity | 1.02% |
| Titagarh Wagons Ltd | Industrials | Equity | 0.98% |
| Vedanta Aluminium Metal Ltd | Materials | Equity | 0.97% |
| PNB Housing Finance Ltd | Financial | Equity | 0.96% |
| Bajaj Finserv Ltd | Financial | Equity | 0.95% |
| RHI Magnesita India Ltd | Materials | Equity | 0.89% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 0.87% |
| City Union Bank Ltd | Financial | Equity | 0.86% |
| Welspun Corp Ltd | Materials | Equity | 0.86% |
| Pine Labs Ltd. | Technology | Equity | 0.86% |
| Others CBLO | Unspecified | CBLO | 0.82% |
| Brigade Enterprises Ltd | Real Estate | Equity | 0.79% |
| Hindustan Zinc Ltd | Materials | Equity | 0.78% |
| HCL Technologies Ltd | Technology | Equity | 0.77% |
| Minda Corporation Ltd | Consumer Discretionary | Equity | 0.76% |
| Page Industries Ltd | Consumer Discretionary | Equity | 0.75% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.73% |
| Bandhan Bank Ltd | Financial | Equity | 0.73% |
| Hindustan Copper Ltd | Materials | Equity | 0.72% |
| Gujarat Fluorochemicals Ltd | Materials | Equity | 0.71% |
| Tube Investments Of India Ltd | Consumer Discretionary | Equity | 0.69% |
| Interglobe Aviation Ltd | Industrials | Equity | 0.69% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 0.69% |
| United Spirits Ltd | Consumer Staples | Equity | 0.69% |
| Jubilant FoodWorks Ltd | Consumer Discretionary | Equity | 0.68% |
| PI Industries Ltd | Materials | Equity | 0.68% |
| Healthcare Global Enterprises Ltd | Healthcare | Equity | 0.68% |
| GE T&D India Ltd | Industrials | Equity | 0.66% |
| Mphasis Ltd | Technology | Equity | 0.66% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 0.65% |
| Chalet Hotels Ltd | Consumer Discretionary | Equity | 0.64% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.64% |
| CORONA Remedies Ltd. | Healthcare | Equity | 0.62% |
| Sapphire Foods India Ltd | Consumer Discretionary | Equity | 0.59% |
| IIFL Wealth Management Ltd | Financial | Equity | 0.55% |
| Tech Mahindra Ltd | Technology | Equity | 0.51% |
| GOVERNMENT OF INDIA 37448 091 DAYS TBILL 20AG26 FV RS 100 | Financial | Treasury Bills | 0.48% |
| S.J.S Enterprises Ltd | Consumer Discretionary | Equity | 0.47% |
| Info Edge (India) Ltd | Technology | Equity | 0.39% |
| Century Textiles & Industries Ltd | Materials | Equity | 0.37% |
| SBI Life Insurance Company Ltd | Financial | Equity | 0.34% |
| Swiggy Ltd. | Technology | Equity | 0.20% |
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 | +1.9% | +1.4% | +13.3% | +16.6% |
| Category average (Equity Thematic) | -1.0% | -0.6% | +16.8% | -- |
| Rank (Equity Thematic) | -- | 8 | 5 | -- |
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 ₹3,56,814 Cr and the Latest NAV as of 16 Jul 2026 is ₹16.84.
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₹3,56,814.22 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,