Axis Business Cycles Fund

Axis Business Cycles Fund is an equity fund. This fund was started on 22 February, 2023. The fund is managed by Ashish Naik. The fund could potentially beat inflation in the long-run.

1. Axis Business Cycles Fund has ₹2145 Cr worth of assets under management (AUM) as on Feb 2026 and is more than category average.
2. The fund has an expense ratio 0.9.
   

Axis Business Cycles Fund has given a CAGR return of 17.98% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 14.42% and 18.05% respectively.

Axis Business Cycles Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Tech, Health, Communication, Consumer Defensive, Energy, Real Estate, Utilities, Corporate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd, State Bank of India

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 However, there can be no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Business Cycles Fund has no lock in period.