Axis Business Cycles Fund Regular Growth
EquityEquity - OtherVery High Risk
Regular
NAV (25-Jul-24)
₹16.170.06%1D
Returns (Since Inception)
40.24%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,826 Cr
Expense Ratio
1.95%
ISIN
INF846K019N8
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
22 Feb 2023
About this fund
Axis Business Cycles Fund Regular Growth is a Equity - Other mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 1 years, 5 months and 4 days, having been launched on 22-Feb-23.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹16.17, Assets Under Management (AUM) of 2825.78 Crores, and an expense ratio of 1.95%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹16.17, Assets Under Management (AUM) of 2825.78 Crores, and an expense ratio of 1.95%.
- Axis Business Cycles Fund Regular Growth has given a CAGR return of 40.24% since inception.
- The fund's asset allocation comprises around 97.44% in equities, 0.00% in debts, and 2.56% in cash & cash equivalents.
- You can start investing in Axis Business Cycles Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+38.80%
— (Cat Avg.)
Since Inception
+40.24%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹2,753.42 Cr | 97.44% |
| Others | ₹72.37 Cr | 2.56% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹171.86 Cr | 6.08% |
| ICICI Bank Ltd | Equity | ₹148.64 Cr | 5.26% |
| Reliance Industries Ltd | Equity | ₹139.9 Cr | 4.95% |
| Tata Consultancy Services Ltd | Equity | ₹89.45 Cr | 3.17% |
| State Bank of India | Equity | ₹82.38 Cr | 2.92% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹67.61 Cr | 2.39% |
| Bharti Airtel Ltd | Equity | ₹61.37 Cr | 2.17% |
| Sona BLW Precision Forgings Ltd | Equity | ₹58.79 Cr | 2.08% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹57.85 Cr | 2.05% |
| CIE Automotive India Ltd | Equity | ₹57.45 Cr | 2.03% |
| Bharat Electronics Ltd | Equity | ₹57.44 Cr | 2.03% |
| Mphasis Ltd | Equity | ₹56.14 Cr | 1.99% |
| InterGlobe Aviation Ltd | Equity | ₹55.2 Cr | 1.95% |
| Infosys Ltd | Equity | ₹54.84 Cr | 1.94% |
| RHI Magnesita India Ltd | Equity | ₹54.44 Cr | 1.93% |
| Jindal Steel & Power Ltd | Equity | ₹53.13 Cr | 1.88% |
| Jindal Stainless Ltd | Equity | ₹51.79 Cr | 1.83% |
| UltraTech Cement Ltd | Equity | ₹51.08 Cr | 1.81% |
| REC Ltd | Equity | ₹50.96 Cr | 1.80% |
| Tech Mahindra Ltd | Equity | ₹50.78 Cr | 1.80% |
| Schaeffler India Ltd | Equity | ₹49.51 Cr | 1.75% |
| Kaynes Technology India Ltd | Equity | ₹47.43 Cr | 1.68% |
| Larsen & Toubro Ltd | Equity | ₹46.13 Cr | 1.63% |
| Tata Motors Ltd | Equity | ₹45.3 Cr | 1.60% |
| Brigade Enterprises Ltd | Equity | ₹44.6 Cr | 1.58% |
| Net Receivables / (Payables) | Cash | ₹42.61 Cr | 1.51% |
| Bharat Petroleum Corp Ltd | Equity | ₹41.89 Cr | 1.48% |
| Data Patterns (India) Ltd | Equity | ₹41.07 Cr | 1.45% |
| Delhivery Ltd | Equity | ₹38.91 Cr | 1.38% |
| K.P.R. Mill Ltd | Equity | ₹38.61 Cr | 1.37% |
| DLF Ltd | Equity | ₹38.34 Cr | 1.36% |
| Solar Industries India Ltd | Equity | ₹38.25 Cr | 1.35% |
| Jyoti CNC Automation Ltd | Equity | ₹37.19 Cr | 1.32% |
| Minda Corp Ltd | Equity | ₹36.32 Cr | 1.29% |
| Dabur India Ltd | Equity | ₹36.03 Cr | 1.28% |
| Marico Ltd | Equity | ₹35.01 Cr | 1.24% |
| ITC Ltd | Equity | ₹34.63 Cr | 1.23% |
| Aether Industries Ltd | Equity | ₹33.26 Cr | 1.18% |
| Titagarh Rail Systems Ltd | Equity | ₹33.12 Cr | 1.17% |
| Hindalco Industries Ltd | Equity | ₹32.99 Cr | 1.17% |
| Jio Financial Services Ltd | Equity | ₹31.42 Cr | 1.11% |
| Ambuja Cements Ltd | Equity | ₹30.16 Cr | 1.07% |
| Power Grid Corp Of India Ltd | Equity | ₹29.87 Cr | 1.06% |
| Apar Industries Ltd | Equity | ₹29.6 Cr | 1.05% |
| Endurance Technologies Ltd | Equity | ₹29.2 Cr | 1.03% |
| Hindustan Unilever Ltd | Equity | ₹27.61 Cr | 0.98% |
| HDFC Life Insurance Company Limited | Equity | ₹26.78 Cr | 0.95% |
| Granules India Ltd | Equity | ₹25.67 Cr | 0.91% |
| Mahindra & Mahindra Ltd | Equity | ₹25.08 Cr | 0.89% |
| 191 DTB 19072024 | Bond - Gov't/Treasury | ₹24.92 Cr | 0.88% |
| Aadhar Housing Finance Ltd | Equity | ₹24.21 Cr | 0.86% |
| Tata Technologies Ltd | Equity | ₹23.19 Cr | 0.82% |
| Life Insurance Corporation of India | Equity | ₹21.75 Cr | 0.77% |
| HCL Technologies Ltd | Equity | ₹20.55 Cr | 0.73% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹19.26 Cr | 0.68% |
| Sudarshan Chemical Industries Ltd | Equity | ₹17.57 Cr | 0.62% |
| Divi's Laboratories Ltd | Equity | ₹16.64 Cr | 0.59% |
| Chalet Hotels Ltd | Equity | ₹15.21 Cr | 0.54% |
| KEI Industries Ltd | Equity | ₹15.03 Cr | 0.53% |
| Indian Bank | Equity | ₹12.77 Cr | 0.45% |
| NTPC Ltd | Equity | ₹12.21 Cr | 0.43% |
| Godrej Agrovet Ltd Ordinary Shares | Equity | ₹12.1 Cr | 0.43% |
| Maruti Suzuki India Ltd | Equity | ₹12.03 Cr | 0.43% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹11.73 Cr | 0.42% |
| Awfis Space Solutions Ltd | Equity | ₹11.68 Cr | 0.41% |
| Karur Vysya Bank Ltd | Equity | ₹10.41 Cr | 0.37% |
| Dhanuka Agritech Ltd | Equity | ₹7.49 Cr | 0.27% |
| Balrampur Chini Mills Ltd | Equity | ₹6.66 Cr | 0.24% |
| Hero MotoCorp Ltd | Equity | ₹5.58 Cr | 0.20% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹4.84 Cr | 0.17% |
| Shree Cement Ltd | Equity | ₹1.73 Cr | 0.06% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50) | Equity | ₹0.52 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
58.23%
Mid Cap Stocks
17.86%
Small Cap Stocks
18.77%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹706.64 Cr | 25.01% |
| Industrials | ₹478.97 Cr | 16.95% |
| Consumer Cyclical | ₹373.09 Cr | 13.20% |
| Basic Materials | ₹337.22 Cr | 11.93% |
| Technology | ₹294.94 Cr | 10.44% |
| Energy | ₹181.79 Cr | 6.43% |
| Consumer Defensive | ₹152.04 Cr | 5.38% |
| Real Estate | ₹82.95 Cr | 2.94% |
| Communication Services | ₹61.37 Cr | 2.17% |
| Healthcare | ₹42.32 Cr | 1.50% |
| Utilities | ₹42.08 Cr | 1.49% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Ashish Naik
Since February 2023
Mayank Hyanki
Since April 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF846K019N8 | Expense Ratio | 1.95% | Exit Load | 1.00% | Fund Size | ₹2,826 Cr | Age | 22 Feb 2023 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹201.75 Cr | 32.8% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹201.75 Cr | 32.3% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹554.29 Cr | 57.3% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹554.29 Cr | 54.8% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹3153.37 Cr | 58.2% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹3153.37 Cr | 56.2% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹77.57 Cr | 63.5% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹97.06 Cr | 39.5% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Axis Business Cycles Fund Regular Growth?
The NAV of Axis Business Cycles Fund Regular Growth, as of 25-Jul-2024, is ₹16.17.
What is the portfolio composition of Axis Business Cycles Fund Regular Growth?
The fund's allocation of assets is distributed as 97.44% in equities, 0.00% in bonds, and 2.56% in cash and cash equivalents.
Who manages the Axis Business Cycles Fund Regular Growth?
The fund managers responsible for Axis Business Cycles Fund Regular Growth are:-
- Ashish Naik
- Mayank Hyanki
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.