Axis Business Cycles Fund Direct Growth
NAV as on 17-04-2025
₹ 15.75
▲1.5%
1D
Inception Returns
23.5%
/yr
Historical NAV & Returns
About Axis Business Cycles Fund Direct Growth
Axis Business Cycles Fund Direct Growth 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 Direct Growth has ₹2295 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Axis Business Cycles Fund Direct Growth has given a CAGR return of 23.54% since inception. Over the last 1 year the fund has given a CAGR return of 8.25%.
Holdings
Axis Business Cycles Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Health, Tech, Consumer Defensive, Energy, Communication, Real Estate, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, InterGlobe Aviation Ltd, Larsen & Toubro 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 Direct Growth
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 Direct Growth has no lock in period.
Axis Business Cycles Fund Direct Growth Overview
| Expense ratio | 0.7% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹2295 Cr |
| Inception Date | 22 February, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 108.94% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 8.49% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.23% in Mar'25
- AUM of the fund stands at 2.3K Cr as of Mar'25
- AUM increased by 153.9 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.63% | 1% | |
 ICICI Bank Ltd | 6.26% | 0% | |
 Bharti Airtel Ltd | 3.42% | 0% | |
 InterGlobe Aviation Ltd | 3.18% | 0% | |
 Larsen & Toubro Ltd | 3.16% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Business Cycles Fund Direct Growth | 8.25% | - | - | 23.54% |
 Sundaram Services Direct Growth | 16.56% | 17.34% | 28.94% | 21.12% |
 ICICI Prudential India Opportunities Fund Direct Growth | 14.33% | 23.45% | 34.46% | 22.9% |
ICICI Prudential Business Cycle Fund Direct Growth | 10.97% | 21.34% | - | 22.75% |
Top Growth Drivers | 1M Return |
|---|---|
 RHI Magnesita India Ltd | 19.3% |
 ICICI Bank Ltd | 7.4% |
 Jyoti CNC Automation Ltd | 1.8% |
Axis Business Cycles Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2295 Cr
Expense Ratio 0.7%
More funds from Axis
3Y CAGR
▲ 21.07
3Y CAGR
▲ 20.79
3Y CAGR
▲ 20.46
5Y CAGR
▲ 31.36
3Y CAGR
▲ 16.84
Frequently Asked Questions for Axis Business Cycles Fund Direct Growth
Axis Business Cycles Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.07% | 7.07% |
6 Month Returns | -7.52% | -7.52% |
1 Year Returns | 8.25% | 8.25% |
3 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Business Cycles Fund Direct Growth | 1.42 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Business Cycles Fund Direct Growth | 1.09 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Business Cycles Fund Direct Growth | 0.12 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Business Cycles Fund Direct Growth | 18.29 | - | - |