Axis Business Cycles Fund
Equity OpportunitiesVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹17.07+0.71%1 day
- Return since launch
- 15.5%
- 52-week range
- ₹14.49 — ₹17.60
- AUM
- ₹2,039 Cr
Axis Business Cycles Fund is a Equity Opportunities equity fund from Axis Mutual Fund with ₹2,039 Cr under management, launched in 2023. Over three years it has returned 6.2% a year, against 13.6% for its category. The expense ratio is 2.40% and the SEBI riskometer reading is Very High.
Performance
Axis Business Cycles Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.1% against -1.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.3% | +3.8 pts | 3.6% | 4.8% |
| 2Y | 5.7% | +0.2 pts | 5.5% | 2.7% |
| 3Y | 6.2% | −7.5 pts | 13.6% | 3.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.6% | +0.8 pts | 1.9% | 5.3% |
| 3M | -1.6% | −0.2 pts | -1.4% | -1.5% |
| 6M | 2.6% | −0.6 pts | 3.3% | 2.5% |
| 1Y | 3.1% | −0.5 pts | 3.6% | -1.7% |
| 2Y | 2.8% | +1.1 pts | 1.7% | -0.3% |
| 3Y | 12.1% | −1.6 pts | 13.6% | 10.4% |
Since launch (2 Feb 2023): 15.5%
Calendar-year returns
Category average19.4%
3.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.1% | −0.1 pts | 3.2% |
| 2024 | 19.4% | −3.9 pts | 23.3% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.36%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.75%
- Brokerage
- 0.08%
- Transaction charges
- 0.00%
- Statutory levies
- 0.53%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 0.82 | 4.92 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 0.97 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.37 | 0.62 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.47 | 0.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.27 | 15.96 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Axis Business Cycles Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.7%
- Debt3.6%
- Other0.8%
Market cap split
- Large50.1%
- Mid24.5%
- Small25.4%
- P/E
- 28.38
- P/B
- 3.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 3.85% | ₹78.56 Cr | +1.65% | +3.25% | +0.05% |
| Larsen & Toubro Ltd. | Construction | 3.79% | ₹77.37 Cr | +4.08% | +3.57% | +3.06% |
| Axis Bank Ltd. | Financial | 3.60% | ₹73.44 Cr | +3.64% | +3.52% | — |
| ICICI Bank Ltd. | Financial | 3.59% | ₹73.23 Cr | +3.65% | +4.09% | +6.29% |
| HDFC Bank Ltd. | Financial | 3.34% | ₹68.04 Cr | +3.26% | +2.82% | +4.92% |
| Kotak Mahindra Bank Ltd. | Financial | 2.72% | ₹55.48 Cr | +2.64% | +2.66% | +1.66% |
| Grasim Industries Ltd. | Materials | 2.67% | ₹54.44 Cr | +2.64% | — | — |
| Aether Industries Ltd. | Chemicals | 2.58% | ₹52.71 Cr | +2.30% | +2.08% | +1.20% |
| Bharti Airtel Ltd. | Communication | 2.47% | ₹50.31 Cr | +2.35% | +2.32% | +3.82% |
| PTC Industries Ltd. | Metals & Mining | 2.22% | ₹45.31 Cr | +1.53% | +1.47% | +1.29% |
| Indusind Bank Ltd. | Financial | 2.21% | ₹45.07 Cr | +2.21% | +2.02% | — |
| Reliance Industries Ltd. | Energy | 2.17% | ₹44.22 Cr | +2.01% | +2.55% | +1.04% |
| One 97 Communications Ltd. | Services | 1.96% | ₹39.89 Cr | +1.77% | +1.67% | — |
| HCL Technologies Ltd. | Technology | 1.94% | ₹39.64 Cr | +0.77% | +1.53% | — |
| Jindal Steel Ltd. | Metals & Mining | 1.56% | ₹31.88 Cr | +1.43% | +1.84% | +0.54% |
| Eternal Ltd. | Services | 1.56% | ₹31.85 Cr | +2.44% | +0.65% | +1.11% |
| Solar Industries India Ltd. | Chemicals | 1.51% | ₹30.88 Cr | +1.61% | +1.16% | +0.99% |
| Sona BLW Precision Forgings Ltd. | Automobile | 1.51% | ₹30.86 Cr | +1.20% | +1.05% | +0.75% |
| Mahindra & Mahindra Ltd. | Automobile | 1.50% | ₹30.56 Cr | +2.49% | +2.33% | +2.65% |
| Bajaj Finance Ltd. | Financial | 1.49% | ₹30.29 Cr | +1.37% | — | +0.76% |
| CreditAccess Grameen Ltd. | Financial | 1.44% | ₹29.34 Cr | +1.65% | +1.37% | +1.06% |
| NTPC Ltd. | Energy | 1.35% | ₹27.56 Cr | +1.30% | +2.47% | — |
| Vishal Mega Mart Ltd. | Services | 1.35% | ₹27.47 Cr | +1.37% | +1.37% | +1.68% |
| Bosch Ltd. | Automobile | 1.27% | ₹25.91 Cr | +1.05% | — | — |
| Tata Motors Ltd. | Automobile | 1.26% | ₹25.67 Cr | +1.23% | — | — |
| TD Power Systems Ltd. | Capital Goods | 1.19% | ₹24.28 Cr | — | — | — |
| Hyundai Motor India Ltd. | Automobile | 1.19% | ₹24.27 Cr | +1.09% | +1.14% | +0.83% |
| PNB Housing Finance Ltd. | Financial | 1.16% | ₹23.73 Cr | +0.96% | — | — |
| Titagarh Rail Systems Ltd. | Automobile | 1.12% | ₹22.87 Cr | +0.98% | +0.72% | +0.90% |
| Asian Paints Ltd. | Materials | 1.10% | ₹22.41 Cr | +1.18% | +0.80% | — |
| Aurobindo Pharma Ltd. | Healthcare | 1.09% | ₹22.26 Cr | — | — | — |
| Mankind Pharma Ltd. | Healthcare | 1.08% | ₹21.99 Cr | +1.53% | +1.35% | +1.36% |
| Endurance Technologies Ltd. | Automobile | 1.05% | ₹21.47 Cr | +1.03% | +0.96% | +1.18% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.04% | ₹21.23 Cr | +0.78% | +0.82% | — |
| RBL Bank Ltd. | Financial | 1.01% | ₹20.65 Cr | +1.11% | +0.98% | — |
| Canara Bank | Financial | 0.98% | ₹19.91 Cr | — | — | — |
| Hindustan Copper Ltd. | Metals & Mining | 0.98% | ₹19.91 Cr | +0.72% | +0.73% | — |
| Pine Labs Ltd. | Financial | 0.97% | ₹19.70 Cr | +0.86% | +0.52% | — |
| Amber Enterprises India Ltd. | Consumer Discretionary | 0.95% | ₹19.46 Cr | — | — | — |
| Delhivery Ltd. | Services | 0.95% | ₹19.43 Cr | +1.31% | +1.29% | +1.42% |
| RHI Magnesita India Ltd. | Capital Goods | 0.95% | ₹19.38 Cr | +0.89% | +0.91% | +1.67% |
| Bajaj Finserv Ltd. | Financial | 0.95% | ₹19.34 Cr | +0.95% | +0.98% | — |
| ABB India Ltd. | Capital Goods | 0.94% | ₹19.21 Cr | — | — | — |
| Brigade Enterprises Ltd. | Construction | 0.93% | ₹19.05 Cr | +0.79% | +0.87% | +0.99% |
| Ambuja Cements Ltd. | Materials | 0.92% | ₹18.84 Cr | +1.02% | +0.87% | +1.02% |
| Bharat Forge Ltd. | Automobile | 0.92% | ₹18.74 Cr | +0.69% | +0.60% | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.92% | ₹18.69 Cr | +0.97% | — | — |
| PI Industries Ltd. | Chemicals | 0.87% | ₹17.72 Cr | +0.68% | +0.81% | — |
| Cummins India Ltd. | Capital Goods | 0.84% | ₹17.20 Cr | +1.90% | +1.69% | +1.22% |
| Swiggy Ltd. | Services | 0.83% | ₹16.97 Cr | +0.20% | — | +1.25% |
| Gujarat Fluorochemicals Ltd. | Chemicals | 0.81% | ₹16.55 Cr | +0.71% | +0.61% | +0.53% |
| Jubilant Ingrevia Ltd. | Chemicals | 0.80% | ₹16.33 Cr | +0.73% | +0.73% | — |
| Minda Corporation Ltd. | Automobile | 0.77% | ₹15.79 Cr | +0.76% | — | +1.23% |
| Neogen Chemicals Ltd. | Chemicals | 0.76% | ₹15.46 Cr | — | — | — |
| Welspun Corp Ltd. | Metals & Mining | 0.76% | ₹15.46 Cr | +0.86% | — | — |
| Healthcare Global Enterprises Ltd. | Healthcare | 0.74% | ₹15.05 Cr | +0.68% | +0.82% | — |
| United Spirits Ltd. | Consumer Staples | 0.71% | ₹14.39 Cr | +0.69% | +0.69% | — |
| Sapphire Foods India Ltd. | Services | 0.70% | ₹14.17 Cr | +0.59% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.69% | ₹14.14 Cr | +0.64% | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 0.69% | ₹13.98 Cr | — | — | — |
| Chalet Hotels Ltd. | Services | 0.68% | ₹13.95 Cr | +0.64% | — | — |
| Page Industries Ltd. | Textiles | 0.68% | ₹13.82 Cr | +0.75% | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 0.68% | ₹13.82 Cr | +1.28% | +1.22% | — |
| Mphasis Ltd. | Technology | 0.68% | ₹13.81 Cr | +0.66% | +0.70% | — |
| SPR Auto Technologies Ltd. | Automobile | 0.64% | ₹13.10 Cr | — | — | — |
| Anthem Biosciences Ltd. | Healthcare | 0.64% | ₹13.06 Cr | +0.65% | +1.15% | +0.61% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.62% | ₹12.56 Cr | +1.06% | +1.31% | — |
| Alkem Laboratories Ltd. | Healthcare | 0.61% | ₹12.47 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | 0.57% | ₹11.53 Cr | — | — | — |
| Tube Investments Of India Ltd. | Automobile | 0.56% | ₹11.35 Cr | +0.69% | +0.74% | +0.05% |
| 360 One Wam Ltd. | Financial | 0.54% | ₹10.96 Cr | +0.55% | — | — |
| Coforge Ltd. | Technology | 0.53% | ₹10.90 Cr | +1.02% | — | — |
| Gland Pharma Ltd. | Healthcare | 0.51% | ₹10.49 Cr | — | — | — |
| SJS Enterprises Ltd. | Automobile | 0.49% | ₹10.01 Cr | +0.47% | — | — |
| Reserve Bank of India | Financial | 0.49% | ₹9.94 Cr | +0.48% | +0.53% | +1.11% |
| Aarti Industries Ltd. | Chemicals | 0.48% | ₹9.85 Cr | +1.38% | +1.35% | — |
| Tech Mahindra Ltd. | Technology | 0.48% | ₹9.77 Cr | +0.51% | — | — |
| Jubilant FoodWorks Ltd. | Services | 0.45% | ₹9.11 Cr | +0.68% | +0.74% | — |
| Info Edge (India) Ltd. | Services | 0.44% | ₹8.92 Cr | +0.39% | — | +0.57% |
| SBI Life Insurance Company Ltd. | Insurance | 0.38% | ₹7.84 Cr | +0.34% | +0.36% | — |
| Aditya Birla Real Estate Ltd | Consumer Staples | 0.32% | ₹6.61 Cr | +0.37% | +0.35% | +0.44% |
| OnEMI Technology Solutions Ltd. | Financial | 0.32% | ₹6.59 Cr | — | — | — |
| Interglobe Aviation Ltd. | Services | 0.30% | ₹6.04 Cr | +0.69% | — | +2.04% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.22% | ₹4.51 Cr | +1.35% | +1.41% | +1.37% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.20% | ₹4.01 Cr | — | — | — |
| Cyient DLM Ltd. | Capital Goods | 0.10% | ₹2.02 Cr | — | — | — |
| Syngene International Ltd. | Healthcare | 0.06% | ₹1.25 Cr | — | — | — |
| Nifty Bank Total Return Index | Financial | 0.04% | ₹0.86 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Aurobindo Pharma Ltd. | 0.00% | 1.09% | +1.09% |
| Jyoti CNC Automation Ltd. | 1.29% | 0.22% | -1.07% |
| Mahindra & Mahindra Ltd. | 2.27% | 1.50% | -0.77% |
| Neogen Chemicals Ltd. | 0.00% | 0.76% | +0.76% |
| City Union Bank Ltd. | 0.66% | 0.00% | -0.66% |
| Others | 2.44% | 3.09% | +0.65% |
| Hindustan Unilever Ltd. | 0.61% | 0.00% | -0.61% |
| Marico Ltd. | 0.00% | 0.57% | +0.57% |
| Info Edge (India) Ltd. | 0.96% | 0.44% | -0.52% |
| Gland Pharma Ltd. | 0.00% | 0.51% | +0.51% |
| Coforge Ltd. | 1.00% | 0.53% | -0.47% |
| Jindal Stainless Ltd. | 0.28% | 0.69% | +0.40% |
| HDFC Bank Ltd. | 2.95% | 3.34% | +0.38% |
| Jubilant FoodWorks Ltd. | 0.78% | 0.45% | -0.34% |
| Mankind Pharma Ltd. | 1.40% | 1.08% | -0.33% |
| OnEMI Technology Solutions Ltd. | 0.00% | 0.32% | +0.32% |
| Reliance Industries Ltd. | 1.87% | 2.17% | +0.30% |
| Interglobe Aviation Ltd. | 0.00% | 0.30% | +0.30% |
| PI Industries Ltd. | 0.61% | 0.87% | +0.26% |
| Aarti Industries Ltd. | 0.73% | 0.48% | -0.25% |
| Kotak Mahindra Bank Ltd. | 2.48% | 2.72% | +0.24% |
| One 97 Communications Ltd. | 2.20% | 1.96% | -0.24% |
| Dr. Reddy's Laboratories Ltd. | 0.00% | 0.20% | +0.20% |
| Dhoot Transmission Ltd. | 0.17% | 0.00% | -0.17% |
| Aether Industries Ltd. | 2.42% | 2.58% | +0.17% |
| PTC Industries Ltd. | 2.08% | 2.22% | +0.14% |
| PNB Housing Finance Ltd. | 1.02% | 1.16% | +0.14% |
| Indusind Bank Ltd. | 2.34% | 2.21% | -0.13% |
| Welspun Corp Ltd. | 0.63% | 0.76% | +0.13% |
| ICICI Bank Ltd. | 3.72% | 3.59% | -0.12% |
| Max Healthcare Institute Ltd. | 0.80% | 0.68% | -0.12% |
| Sona BLW Precision Forgings Ltd. | 1.39% | 1.51% | +0.12% |
| RBL Bank Ltd. | 0.90% | 1.01% | +0.11% |
| Sapphire Foods India Ltd. | 0.81% | 0.70% | -0.11% |
| Cyient DLM Ltd. | 0.00% | 0.10% | +0.10% |
| Pine Labs Ltd. | 0.87% | 0.97% | +0.10% |
| Grasim Industries Ltd. | 2.76% | 2.67% | -0.09% |
| Eternal Ltd. | 1.65% | 1.56% | -0.09% |
| Bajaj Finserv Ltd. | 1.04% | 0.95% | -0.09% |
| RHI Magnesita India Ltd. | 0.86% | 0.95% | +0.09% |
| Bharti Airtel Ltd. | 2.39% | 2.47% | +0.07% |
| Amber Enterprises India Ltd. | 1.03% | 0.95% | -0.07% |
| TD Power Systems Ltd. | 1.26% | 1.19% | -0.07% |
| Brigade Enterprises Ltd. | 1.00% | 0.93% | -0.07% |
| Titagarh Rail Systems Ltd. | 1.05% | 1.12% | +0.07% |
| Tata Motors Ltd. | 1.32% | 1.26% | -0.06% |
| NTPC Ltd. | 1.29% | 1.35% | +0.06% |
| Syngene International Ltd. | 0.00% | 0.06% | +0.06% |
| Solar Industries India Ltd. | 1.45% | 1.51% | +0.06% |
| ABB India Ltd. | 1.00% | 0.94% | -0.06% |
| SPR Auto Technologies Ltd. | 0.59% | 0.64% | +0.06% |
| Tube Investments Of India Ltd. | 0.61% | 0.56% | -0.06% |
| Bajaj Finance Ltd. | 1.54% | 1.49% | -0.05% |
| Page Industries Ltd. | 0.63% | 0.68% | +0.05% |
| Swiggy Ltd. | 0.88% | 0.83% | -0.05% |
| Larsen & Toubro Ltd. | 3.84% | 3.79% | -0.04% |
| Hindustan Copper Ltd. | 1.02% | 0.98% | -0.04% |
| Asian Paints Ltd. | 1.14% | 1.10% | -0.04% |
| Nifty Bank Total Return Index | 0.00% | 0.04% | +0.04% |
| Aditya Birla Real Estate Ltd | 0.37% | 0.32% | -0.04% |
| Vishal Mega Mart Ltd. | 1.39% | 1.35% | -0.04% |
| Mphasis Ltd. | 0.72% | 0.68% | -0.04% |
| 360 One Wam Ltd. | 0.58% | 0.54% | -0.04% |
| company:6897 | 0.04% | 0.00% | -0.04% |
| Reserve Bank of India | 0.46% | 0.49% | +0.03% |
| Healthcare Global Enterprises Ltd. | 0.76% | 0.74% | -0.03% |
| Bharat Forge Ltd. | 0.94% | 0.92% | -0.03% |
| Minda Corporation Ltd. | 0.75% | 0.77% | +0.03% |
| Hyundai Motor India Ltd. | 1.22% | 1.19% | -0.02% |
| United Spirits Ltd. | 0.73% | 0.71% | -0.02% |
| Jubilant Ingrevia Ltd. | 0.78% | 0.80% | +0.02% |
| Hindustan Aeronautics Ltd. | 0.67% | 0.69% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.59% | 0.62% | +0.02% |
| Delhivery Ltd. | 0.97% | 0.95% | -0.02% |
| Jindal Steel Ltd. | 1.55% | 1.56% | +0.02% |
| Alkem Laboratories Ltd. | 0.59% | 0.61% | +0.02% |
| SJS Enterprises Ltd. | 0.51% | 0.49% | -0.02% |
| Endurance Technologies Ltd. | 1.07% | 1.05% | -0.02% |
| Anthem Biosciences Ltd. | 0.63% | 0.64% | +0.01% |
| SBI Life Insurance Company Ltd. | 0.37% | 0.38% | +0.01% |
| CreditAccess Grameen Ltd. | 1.45% | 1.44% | -0.01% |
| Hindustan Zinc Ltd. | 1.03% | 1.04% | +0.01% |
| Axis Bank Ltd. | 3.59% | 3.60% | +0.01% |
| Vedanta Aluminium Metal Ltd. | 0.91% | 0.92% | +0.01% |
| Ambuja Cements Ltd. | 0.93% | 0.92% | -0.01% |
| Cummins India Ltd. | 0.85% | 0.84% | -0.01% |
| HCL Technologies Ltd. | 1.95% | 1.94% | -0.01% |
| Chalet Hotels Ltd. | 0.69% | 0.68% | 0.00% |
| Tech Mahindra Ltd. | 0.48% | 0.48% | 0.00% |
| Bosch Ltd. | 1.27% | 1.27% | 0.00% |
| Gujarat Fluorochemicals Ltd. | 0.81% | 0.81% | 0.00% |
| Canara Bank | 0.98% | 0.98% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹6,105 Cr | 2.13% | 6.1% | 8.3% | 14.9% |
 ICICI Prudential Business Cycle Fund | ₹14,889 Cr | 1.86% | 3.2% | 6.8% | 13.3% |
 Franklin India Opportunities Fund | ₹9,577 Cr | 2.08% | -0.5% | 5.3% | 15.8% |
 Kotak Business Cycle Fund | ₹3,414 Cr | 2.02% | 14.0% | 10.7% | — |
 Aditya Birla Sun Life Special Opportunities Fund | ₹1,357 Cr | 2.26% | 14.1% | 13.2% | 15.6% |
 Mahindra Manulife Business Cycle Fund | ₹1,291 Cr | 2.42% | -0.1% | 5.3% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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 managers
- Ashish NaikMr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
- Pratik TibrewalMr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.65% absolute | ₹60,000 | ₹61,590 | 2.65% | |
| 1 year3.08% annualised | ₹1,20,000 | ₹1,22,021 | 1.68% | |
| 3 years12.09% annualised | ₹3,60,000 | ₹4,35,709 | 21.03% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Business Cycles Fund?
The NAV of Axis Business Cycles Fund is ₹17.07 as on 6 Nov 2026.
What is the expense ratio of Axis Business Cycles Fund?
The expense ratio of Axis Business Cycles Fund is 2.40% per year.
What is the minimum SIP amount for Axis Business Cycles Fund?
You can start a SIP in Axis Business Cycles Fund with ₹3,000 a month.
Is there a lock-in or exit load on Axis Business Cycles Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months..
How risky is Axis Business Cycles Fund?
Axis Business Cycles Fund is rated Very High on the SEBI riskometer and belongs to the Equity Opportunities category.
Which fund house manages Axis Business Cycles Fund?
Axis Business Cycles Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,91,554 Cr under management.