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Axis Business Cycles Fund Growth
+10.66%
3Y annualised
+0.95% 1D
NAV: 27 Oct '26
₹15.98
Min. for SIP
₹100
Fund size (AUM)
₹2,039.20 Cr
Expense ratio
2.41%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,477 | -3.49% | |
| 6 months | ₹30,000 | ₹29,058 | -3.14% | |
| 1 year | ₹60,000 | ₹58,573 | -2.38% | |
| 3 years | ₹1,80,000 | ₹1,84,793 | +2.66% |
Holdings (89)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Larsen & Toubro Ltd | Industrials | Equity | 3.79% |
| Axis Bank Ltd | Financial | Equity | 3.60% |
| ICICI Bank Ltd | Financial | Equity | 3.59% |
| HDFC Bank Ltd | Financial | Equity | 3.34% |
| Others CBLO | Unspecified | CBLO | 3.09% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 2.72% |
| Grasim Industries Ltd | Materials | Equity | 2.67% |
| Aether Industries Ltd | Materials | Equity | 2.58% |
| Bharti Airtel Ltd | Technology | Equity | 2.47% |
| PTC Industries Ltd | Materials | Equity | 2.22% |
| Indusind Bank Ltd | Financial | Equity | 2.21% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.17% |
| One 97 Communications Ltd | Industrials | Equity | 1.96% |
| HCL Technologies Ltd | Technology | Equity | 1.94% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.56% |
| Zomato Ltd | Technology | Equity | 1.56% |
| Solar Industries India Ltd | Materials | Equity | 1.51% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 1.51% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 1.50% |
| Bajaj Finance Ltd | Financial | Equity | 1.49% |
| CreditAccess Grameen Ltd | Financial | Equity | 1.44% |
| NTPC Ltd | Energy & Utilities | Equity | 1.35% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 1.35% |
| Bosch Ltd | Consumer Discretionary | Equity | 1.27% |
| Tata Motors Ltd | Industrials | Equity | 1.26% |
| TD Power Systems Ltd | Industrials | Equity | 1.19% |
| Hyundai Motor India Ltd. | Consumer Discretionary | Equity | 1.19% |
| PNB Housing Finance Ltd | Financial | Equity | 1.16% |
| Titagarh Wagons Ltd | Industrials | Equity | 1.12% |
| Asian Paints Ltd | Materials | Equity | 1.10% |
| Aurobindo Pharma Ltd | Healthcare | Equity | 1.09% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.08% |
| Endurance Technologies Ltd | Consumer Discretionary | Equity | 1.05% |
| Hindustan Zinc Ltd | Materials | Equity | 1.04% |
| RBL Bank Ltd | Financial | Equity | 1.01% |
| Canara Bank | Financial | Equity | 0.98% |
| Hindustan Copper Ltd | Materials | Equity | 0.98% |
| Pine Labs Ltd. | Technology | Equity | 0.97% |
| Amber Enterprises India Ltd | Consumer Discretionary | Equity | 0.95% |
| Delhivery Ltd | Industrials | Equity | 0.95% |
| RHI Magnesita India Ltd | Materials | Equity | 0.95% |
| Bajaj Finserv Ltd | Financial | Equity | 0.95% |
| ABB India Ltd | Industrials | Equity | 0.94% |
| Brigade Enterprises Ltd | Real Estate | Equity | 0.93% |
| Ambuja Cements Ltd | Materials | Equity | 0.92% |
| Bharat Forge Ltd | Consumer Discretionary | Equity | 0.92% |
| Vedanta Aluminium Metal Ltd | Materials | Equity | 0.92% |
| PI Industries Ltd | Materials | Equity | 0.87% |
| Cummins India Ltd | Industrials | Equity | 0.84% |
| Swiggy Ltd. | Technology | Equity | 0.83% |
| Gujarat Fluorochemicals Ltd | Materials | Equity | 0.81% |
| Jubilant Ingrevia Ltd | Materials | Equity | 0.80% |
| Minda Corporation Ltd | Consumer Discretionary | Equity | 0.77% |
| Net Receivables | Unspecified | Net Receivables | 0.76% |
| Neogen Chemicals Ltd | Materials | Equity | 0.76% |
| Welspun Corp Ltd | Materials | Equity | 0.76% |
| Healthcare Global Enterprises Ltd | Healthcare | Equity | 0.74% |
| United Spirits Ltd | Consumer Staples | Equity | 0.71% |
| Sapphire Foods India Ltd | Consumer Discretionary | Equity | 0.70% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.69% |
| Jindal Stainless Ltd | Materials | Equity | 0.69% |
| Chalet Hotels Ltd | Consumer Discretionary | Equity | 0.68% |
| Page Industries Ltd | Consumer Discretionary | Equity | 0.68% |
| Max Healthcare Institute Ltd | Healthcare | Equity | 0.68% |
| Mphasis Ltd | Technology | Equity | 0.68% |
| Shriram Pistons & Rings Ltd | Consumer Discretionary | Equity | 0.64% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 0.64% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 0.62% |
| Alkem Laboratories Ltd | Healthcare | Equity | 0.61% |
| Marico Ltd | Consumer Staples | Equity | 0.57% |
| Tube Investments Of India Ltd | Consumer Discretionary | Equity | 0.56% |
| IIFL Wealth Management Ltd | Financial | Equity | 0.54% |
| Coforge Ltd | Technology | Equity | 0.53% |
| Gland Pharma Ltd | Healthcare | Equity | 0.51% |
| S.J.S Enterprises Ltd | Consumer Discretionary | Equity | 0.49% |
| GOVERNMENT OF INDIA 37830 091 DAYS TBILL 12NV26 FV RS 100 | Financial | Treasury Bills | 0.49% |
| Aarti Industries Ltd | Materials | Equity | 0.48% |
| Tech Mahindra Ltd | Technology | Equity | 0.48% |
| Jubilant FoodWorks Ltd | Consumer Discretionary | Equity | 0.45% |
| Info Edge (India) Ltd | Technology | Equity | 0.44% |
| SBI Life Insurance Company Ltd | Financial | Equity | 0.38% |
| Century Textiles & Industries Ltd | Materials | Equity | 0.32% |
| OnEMI Technology Solutions Ltd. | Technology | Equity | 0.32% |
| Interglobe Aviation Ltd | Industrials | Equity | 0.30% |
| Jyoti CNC Automation Ltd. | Industrials | Equity | 0.22% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 0.20% |
| Cyient DLM Ltd. | Industrials | Equity | 0.10% |
| Syngene International Ltd | Healthcare | Equity | 0.06% |
| Bank Nifty Index 54800 Call October 2026 Option | 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 | -1.9% | -4.8% | +10.7% | +13.6% |
| Category average (Equity Thematic) | -3.5% | -7.1% | +11.2% | +11.3% |
| 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 ₹3,65,899 Cr and the Latest NAV as of 27 Oct 2026 is ₹15.98.
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₹3,65,899.22 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,