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Axis Business Cycles Fund Growth
Equity
Thematic
Very High Risk
NAV: 13 Feb '26
₹16.50
Min. SIP amount
Not Supported
Fund size
₹2,145.25 Cr
Expense ratio
2.06%
Holdings (88)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.19% |
| HDFC Bank Ltd. | Financial | Equity | 3.90% |
| Infosys Ltd. | Technology | Equity | 3.66% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.36% |
| State Bank of India | Financial | Equity | 2.92% |
| Ultratech Cement Ltd. | Construction | Equity | 2.91% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.67% |
| Shriram Finance Ltd | Financial | Equity | 2.62% |
| Bharti Airtel Ltd. | Communication | Equity | 2.36% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.13% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.87% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 1.81% |
| Aether Industries Ltd. | Chemicals | Equity | 1.68% |
| CreditAccess Grameen Ltd. | Financial | Equity | 1.65% |
| Indusind Bank Ltd. | Financial | Equity | 1.62% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 1.60% |
| Reliance Industries Ltd. | Energy | Equity | 1.60% |
| PTC Industries Ltd. | Metals & Mining | Equity | 1.54% |
| BSE Ltd. | Services | Equity | 1.47% |
| One97 Communications Ltd. | Services | Equity | 1.45% |
| Vishal Mega Mart Ltd. | Services | Equity | 1.43% |
| Ashok Leyland Ltd. | Automobile | Equity | 1.37% |
| Jyoti CNC Automation Ltd. | Capital Goods | Equity | 1.37% |
| Cummins India Ltd. | Capital Goods | Equity | 1.34% |
| Mankind Pharma Ltd. | Healthcare | Equity | 1.25% |
| Hyundai Motor India Ltd. | Automobile | Equity | 1.22% |
| RHI Magnesita India Ltd. | Construction | Equity | 1.20% |
| Tata Consultancy Services Ltd. | Technology | Equity | 1.20% |
| Delhivery Ltd. | Services | Equity | 1.14% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.14% |
| City Union Bank Ltd. | Financial | Equity | 1.13% |
| Solar Industries India Ltd. | Chemicals | Equity | 1.13% |
| Vedanta Ltd. | Metals & Mining | Equity | 1.13% |
| Endurance Technologies Ltd. | Automobile | Equity | 1.10% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 1.05% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.02% |
| Jindal Steel Ltd. | Metals & Mining | Equity | 0.97% |
| Hindustan Copper Ltd. | Metals & Mining | Equity | 0.97% |
| Ambuja Cements Ltd. | Construction | Equity | 0.96% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 0.96% |
| Sona BLW Precision Forgings Ltd. | Automobile | Equity | 0.94% |
| NTPC Ltd. | Energy | Equity | 0.94% |
| Indus Towers Ltd. | Communication | Equity | 0.93% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 0.92% |
| Titagarh Rail Systems Ltd. | Automobile | Equity | 0.89% |
| RBL Bank Ltd. | Financial | Equity | 0.88% |
| Tech Mahindra Ltd. | Technology | Equity | 0.87% |
| Brigade Enterprises Ltd. | Construction | Equity | 0.87% |
| L&T Finance Ltd. | Financial | Equity | 0.81% |
| REC Ltd. | Financial | Equity | 0.81% |
| Trent Ltd. | Services | Equity | 0.81% |
| Tata Steel Ltd. | Metals & Mining | Equity | 0.80% |
| Tenneco Clean Air India Ltd | Automobile | Equity | 0.75% |
| Jubilant Ingrevia Ltd. | Chemicals | Equity | 0.74% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.70% |
| Axis Bank Ltd. | Financial | Equity | 0.70% |
| Eternal Ltd. | Services | Equity | 0.67% |
| TVS Motor Company Ltd. | Automobile | Equity | 0.67% |
| Pine Labs Ltd. | Financial | Equity | 0.66% |
| Vijaya Diagnostic Centre Ltd. | Healthcare | Equity | 0.61% |
| K.P.R. Mill Ltd. | Textiles | Equity | 0.60% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.58% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 0.57% |
| JK Cement Ltd. | Construction | Equity | 0.55% |
| National Securities Depository Ltd | Financial | Equity | 0.54% |
| CORONA Remedies Ltd. | Healthcare | Equity | 0.54% |
| Gujarat Fluorochemicals Ltd. | Chemicals | Equity | 0.53% |
| Gabriel India Ltd. | Automobile | Equity | 0.51% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 0.51% |
| Jubilant FoodWorks Ltd. | Services | Equity | 0.50% |
| Tata Capital Ltd. | Financial | Equity | 0.48% |
| PI Industries Ltd. | Chemicals | Equity | 0.48% |
| Reserve Bank of India | Financial | T-Bills | 0.46% |
| Hindustan Zinc Ltd. | Metals & Mining | Equity | 0.45% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 0.37% |
| Aditya Birla Real Estate Ltd. | Consumer Staples | Equity | 0.35% |
| Jyothy Labs Ltd. | Consumer Staples | Equity | 0.32% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.31% |
| Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.27% |
| Ceigall India Ltd. | Construction | Equity | 0.20% |
| Tata Power Company Ltd. | Energy | Equity | 0.14% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 0.14% |
| Havells India Ltd. | Capital Goods | Equity | 0.13% |
| Tata Technologies Ltd | Services | Equity | 0.10% |
| P N Gadgil Jewellers Ltd. | Consumer Discretionary | Equity | 0.07% |
| Tube Investments Of India Ltd. | Automobile | Equity | 0.04% |
| Kwality Wall's (India) Ltd. | Consumer Staples | Equity | 0.03% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | Pref. Shares | 0.01% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -0.5% | +0.9% | +6.9% | +64.6% |
| Category average (Equity Thematic) | -- | -- | -0.6% | -- |
| Rank (Equity Thematic) | 9 | 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 ₹3,58,698 Cr and the Latest NAV as of 13 Feb 2026 is ₹16.50.
The Axis Business Cycles Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹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₹3,58,698.01 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,