Axis Business Cycles Fund
Get the latest NAV of Axis Business Cycles Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹16.47
1D
NAV as on 11 Jun 2026
16.33%/per year
Since Inception
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472 people have invested ₹ 36.5L in Axis Business Cycles Fund in the last three months
Axis Business Cycles Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (11-Jun-26)
The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
Axis Business Cycles Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Business Cycles Fund Asset Allocation
See fund asset allocation details as on (14-May-26)
Fund Distribution
as on (14-May-26)
Axis Business Cycles Fund Sector Allocation
See fund sector allocation details as on (14-May-26)
Sector Allocation
Top 3 Sectors in April were Financial Services, Industrial & Basic Materials
Financial Services
25%
Industrial
17%
Basic Materials
16%
Financial Services
25%
Industrial
17%
Basic Materials
16%
Axis Business Cycles Fund Holdings Details
as on (31-May-26)
Axis Business Cycles Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.99% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹2065 Cr |
| Inception Date | 22 February, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 88.94% |
| Risk |   Very High Risk |
About 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.
Key Parameters
- Axis Business Cycles Fund has ₹2065 Cr worth of assets under management (AUM) as on May 2026 and is more than category average.
- The fund has an expense ratio 2.
Returns
Axis Business Cycles Fund has given a CAGR return of 16.33% since inception. Over the last 1 and 3 years the fund has given a CAGR return of -3.35% and 13.99% respectively.
Holdings
Axis Business Cycles Fund has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Tech, Health, Energy, Consumer Defensive, Communication, Utilities, Real Estate. Its top holdings are Larsen & Toubro Ltd, Axis Bank Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Grasim Industries Ltd
Taxation
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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Axis Business Cycles Fund
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 and lockin period
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.
Fund Manager
Ashish Naik
Fund Manager of Axis Business Cycles Fund, since 22 February 2023
- AUM of the fund stands at 1.9K Cr as of Apr'26
- AUM has remained same between Apr'26 and Mar'26
Compare Axis Business Cycles Fund
Axis Business Cycles Fund
VS
ICICI Prudential India Opportunities Fund
Frequently Asked Questions for Axis Business Cycles Fund
How do I invest in Axis Business Cycles Fund?
- Download the INDmoney app.
- Search for ‘Axis Business Cycles Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.