Axis Business Cycles Fund Direct-Growth

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : -2.09%
NAV: ₹17.77 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Axis Business Cycles Fund Direct-Growth

  • ₹2,039.2 Cr
    AUM
  • ₹17.77
    NAV
  • 1.63%
    Expense Ratio
As on Thu Nov 05, 2026
Calculate your Returns
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Axis Business Cycles Fund Direct-Growth Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months -2.09% NA NA
6 Months 4.41% NA NA
1 Year 2.19% 2.19% NA
2 Years 7.89% 3.87% NA
3 Years 46.71% 13.63% NA
View More
As on Thu Nov 05, 2026

Asset Allocation of Axis Business Cycles Fund Direct-Growth

equities

95.79%

debt instruments

2.90%

other assets or cash equivalents

1.31%
Large Cap: 50.07%
Mid Cap: 24.51%
Small Cap: 25.42%
Other: 0.00%
Top Holdings
Icici Bank Ltd
7.32%
Icici Bank Ltd
6.68%
Icici Bank Ltd
7.19%
Icici Bank Ltd
6.56%
Icici Bank Ltd
6.29%
 
Top Sectors
Financial
90.85%
Technology
16.06%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
Invest Now

About Fund

About Axis Business Cycles Fund Direct-Growth

Launched on 22 Feb 2023, the fund aims Capital appreciation over long term. An equity scheme investing in equity & equity related securities with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. It manages assets worth ₹2,039.2 crore as on Wed Sep 30, 2026. The expense ratio stands at 1.63%.
The portfolio allocation consists of 95.79% in equities, 2.90% in debt instruments, 1.31% in other assets or cash equivalents.Managed by Ashish Naik, it has delivered a return of 2.19% in the last year, a total return since inception of 16.79%.
For those looking to make better financial choices it helps to compare which sip is best that align with financial planning needs.

Read more
  • Ashish Naik

    Fund Manager

  • Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.

    Manager Education

Key Metrics of Axis Business Cycles Fund Direct-Growth

  • Standard Deviation
    16.33%
  • Mean
    12.86%
  • Sharpe Ratio
    0.45%
  • Alpha
    2.04%
  • Beta
    1.02%
  • Sortino Ratio
    0.56%

Axis Business Cycles Fund Direct-Growth Fund Details

Fund Names Axis Business Cycles Fund Direct-Growth
Inception Date 22 Feb 2023
Lock In No Lock-in
SIP Minimum Investment amount ₹100
SWP Minimum Investment amount ₹1000
STP Minimum Investment amount ₹1000
 
Risk Principal at very high risk
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Axis Business Cycles Fund Direct-Growth Fund Returns Comparison

Compare Axis Business Cycles Fund Direct-Growth with other mutual funds in the same category

Axis Business Cycles Fund Direct-Growth

ICICI Prudential Business Cycle Fund Direct-Growth

ICICI Prudential Business Cycle Fund Direct-IDCW

Compare more funds

Start An Sip Today Watch Your Money Grow

Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
ICICI Prudential Business Cycle Fund Direct-Growth trend ₹14,889 6.00% -1.97% -1.94% 16.03% 14.65%
ICICI Prudential Business Cycle Fund Direct-IDCW trend ₹14,889 6.00% -1.97% -1.94% 16.03% 14.65%
HSBC Business Cycles Fund Direct-Growth trend ₹1,179 1.14% -1.23% 1.58% 16.60% 14.14%
HSBC Business Cycles Fund Direct-IDCW trend ₹1,179 1.14% -1.23% 1.58% 16.60% 14.14%
ICICI Prudential Business Cycle Fund-Growth trend ₹14,889 5.94% -2.18% -2.80% 14.92% 13.42%
ICICI Prudential Business Cycle Fund-IDCW trend ₹14,889 5.94% -2.18% -2.80% 14.92% 13.42%
Tata Business Cycle Fund Direct-Growth trend ₹2,416 1.91% -5.61% -3.86% 10.76% 12.89%
Tata Business Cycle Fund Direct-IDCW trend ₹2,416 1.91% -5.61% -3.86% 10.76% 12.89%
HSBC Business Cycles Fund Regular-Growth trend ₹1,179 1.04% -1.53% 0.37% 15.29% 12.89%
HSBC Business Cycles Fund Regular-IDCW trend ₹1,179 1.04% -1.53% 0.37% 15.29% 12.89%
View More
increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Axis Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Axis Business Cycles Fund Regular-Growth increase ₹2,039 2.91% -2.31% 3.99% 1.13% 12.23%
Axis Business Cycles Fund Regular-IDCW increase ₹2,039 2.91% -2.31% 3.99% 1.13% 12.23%
Axis Business Cycles Fund Direct-IDCW increase ₹2,039 3.01% -2.09% 4.41% 2.19% 13.63%
increase growth is based on 1-month returns of the funds

Axis Business Cycles Fund Direct-Growth Calculator

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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
ICICI Prudential Business Cycle Fund-Growth trend ₹14,889 ₹24.63 14.92% 13.42% -
ICICI Prudential Business Cycle Fund Direct-Growth trend ₹14,889 ₹26.32 16.03% 14.65% -
ICICI Prudential Business Cycle Fund-IDCW trend ₹14,889 ₹17.61 14.92% 13.42% -
ICICI Prudential Business Cycle Fund Direct-IDCW trend ₹14,889 ₹19.16 16.03% 14.65% -
Kotak Business Cycle Fund Direct-Growth trend ₹3,414 ₹18.65 17.77% - -
Kotak Business Cycle Fund Regular-Growth trend ₹3,414 ₹17.55 16.14% - -
Kotak Business Cycle Fund Regular-IDCW trend ₹3,414 ₹16.31 16.14% - -
Kotak Business Cycle Fund Direct-IDCW trend ₹3,414 ₹17.34 17.77% - -
HDFC Business Cycle Fund Regular-Growth trend ₹2,646 ₹15.25 10.85% - -
HDFC Business Cycle Fund Direct-Growth trend ₹2,646 ₹15.99 12.09% - -
View More
Top funds are based on Fund AUM

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Axis Business Cycles Fund Direct-Growth Detailed Portfolio

Stocks Sector % of Holding Value
Icici Bank LtdFinancial7.32%₹156.96 Cr
Icici Bank LtdFinancial6.68%₹155.88 Cr
Icici Bank LtdFinancial7.19%₹154.24 Cr
Icici Bank LtdFinancial6.56%₹145.25 Cr
Icici Bank LtdFinancial6.29%₹141.84 Cr
Icici Bank LtdFinancial6.29%₹141.84 Cr
Hdfc Bank LtdFinancial6.07%₹141.60 Cr
Icici Bank LtdFinancial6.16%₹141.56 Cr
Icici Bank LtdFinancial6.16%₹141.56 Cr
Icici Bank LtdFinancial6.25%₹141.51 Cr
Hdfc Bank LtdFinancial4.92%₹110.91 Cr
Hdfc Bank LtdFinancial4.92%₹110.91 Cr
Bharti Airtel LtdTechnology4.10%₹94.17 Cr
Bharti Airtel LtdTechnology4.10%₹94.17 Cr
Hdfc Bank LtdFinancial4.01%₹92.25 Cr
Hdfc Bank LtdFinancial4.01%₹92.25 Cr
Bharti Airtel LtdTechnology4.05%₹91.65 Cr
Hdfc Bank LtdFinancial4.00%₹90.72 Cr
Hdfc Bank LtdFinancial4.03%₹89.24 Cr
Bharti Airtel LtdTechnology3.82%₹86.10 Cr
View More

Top Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
ICICI Prudential Business Cycle Fund Direct-Growth increase ₹26.32 16.03% 14.65% -
ICICI Prudential Business Cycle Fund Direct-IDCW increase ₹19.16 16.03% 14.65% -
HSBC Business Cycles Fund Direct-Growth increase ₹48.14 16.60% 14.14% -
HSBC Business Cycles Fund Direct-IDCW increase ₹25.52 16.60% 14.14% -
ICICI Prudential Business Cycle Fund-Growth increase ₹24.63 14.92% 13.42% -
ICICI Prudential Business Cycle Fund-IDCW increase ₹17.61 14.92% 13.42% -
Tata Business Cycle Fund Direct-Growth increase ₹19.76 10.76% 12.89% -
Tata Business Cycle Fund Direct-IDCW increase ₹19.76 10.76% 12.89% -
HSBC Business Cycles Fund Regular-Growth increase ₹43.07 15.29% 12.89% -
HSBC Business Cycles Fund Regular-IDCW increase ₹22.84 15.29% 12.89% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Axis Business Cycles Fund Direct-Growth

What is the current AUM of Axis Business Cycles Fund Direct-Growth?

As of Wed Sep 30, 2026, Axis Business Cycles Fund Direct-Growth manages assets worth ₹2,039.2 crore

How has Axis Business Cycles Fund Direct-Growth performed recently?

  • 3 Months: -2.09%
  • 6 Months: 4.41%

What is the long-term performance of Axis Business Cycles Fund Direct-Growth?

  • 3 Years CAGR: 13.63%
  • Since Inception: 16.79%

What is the portfolio composition of Axis Business Cycles Fund Direct-Growth?

Equity: 95.79%, Debt: 2.90%, Others: 1.31%.

Who manages Axis Business Cycles Fund Direct-Growth?

Axis Business Cycles Fund Direct-Growth is managed by Ashish Naik from Axis Mutual Fund.

What is the market-cap allocation of Axis Business Cycles Fund Direct-Growth?

Large Cap: 50.07%, Mid Cap: 24.51%, Small Cap: 25.42%.

Which are the top companies Axis Business Cycles Fund Direct-Growth has invested in?

  • ICICI Bank Ltd – 7.32% of the fund's portfolio
  • ICICI Bank Ltd – 6.68% of the fund's portfolio
  • ICICI Bank Ltd – 7.19% of the fund's portfolio
  • ICICI Bank Ltd – 6.56% of the fund's portfolio
  • ICICI Bank Ltd – 6.29% of the fund's portfolio

Which are the major sectors Axis Business Cycles Fund Direct-Growth focuses on?

  • Financial – 90.85% of the fund's portfolio
  • Technology – 16.06% of the fund's portfolio
View more FAQ's

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