Dezerv

Fund Overview

Fund Size

Fund Size

₹2,684 Cr

Expense Ratio

Expense Ratio

1.97%

ISIN

ISIN

INF846K019N8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 1 months and 24 days, having been launched on 22-Feb-23.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹14.51, Assets Under Management (AUM) of 2684.13 Crores, and an expense ratio of 1.97%.
  • Axis Business Cycles Fund Regular Growth has given a CAGR return of 38.77% since inception.
  • The fund's asset allocation comprises around 98.64% in equities, 0.00% in debts, and 1.36% in cash & cash equivalents.
  • You can start investing in Axis Business Cycles Fund Regular Growth with a SIP of ₹1000 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

+41.98%

--%(Cat. Avg.)

Since Inception

+38.77%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity2,647.66 Cr98.64%
Others36.48 Cr1.36%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reliance Industries LtdEquity140.22 Cr5.30%
HDFC Bank LtdEquity132.74 Cr5.02%
ICICI Bank LtdEquity130.55 Cr4.94%
State Bank of IndiaEquity108.36 Cr4.10%
Tata Consultancy Services LtdEquity88.82 Cr3.36%
CreditAccess Grameen Ltd Ordinary SharesEquity74.62 Cr2.82%
Sona BLW Precision Forgings LtdEquity74.16 Cr2.80%
NTPC LtdEquity70.94 Cr2.68%
Solar Industries India LtdEquity60.54 Cr2.29%
Bharat Petroleum Corp LtdEquity56.57 Cr2.14%
Tata Motors LtdEquity55.51 Cr2.10%
Jindal Steel & Power LtdEquity53.81 Cr2.03%
Infosys LtdEquity52.43 Cr1.98%
Bharti Airtel LtdEquity52.22 Cr1.97%
DLF LtdEquity50.67 Cr1.92%
Bharat Electronics LtdEquity48.92 Cr1.85%
Cholamandalam Financial Holdings LtdEquity48.47 Cr1.83%
K.P.R. Mill LtdEquity47.89 Cr1.81%
Brigade Enterprises LtdEquity47.31 Cr1.79%
RHI Magnesita India LtdEquity47.22 Cr1.79%
CIE Automotive India LtdEquity46.35 Cr1.75%
Data Patterns (India) LtdEquity46.34 Cr1.75%
InterGlobe Aviation LtdEquity46.33 Cr1.75%
Tech Mahindra LtdEquity44.31 Cr1.68%
Jindal Stainless LtdEquity43.72 Cr1.65%
Delhivery LtdEquity43.33 Cr1.64%
Schaeffler India LtdEquity42.9 Cr1.62%
UltraTech Cement LtdEquity42.68 Cr1.61%
Jio Financial Services LtdEquity40.75 Cr1.54%
Shree Cement LtdEquity38.83 Cr1.47%
Kaynes Technology India LtdEquity38.22 Cr1.45%
SRF LtdEquity33.51 Cr1.27%
Maruti Suzuki India LtdEquity33.39 Cr1.26%
Minda Corp LtdEquity31.52 Cr1.19%
Larsen & Toubro LtdEquity30.11 Cr1.14%
BSE LtdEquity28.47 Cr1.08%
Marico LtdEquity28.4 Cr1.07%
Balrampur Chini Mills LtdEquity28.04 Cr1.06%
Aether Industries LtdEquity27.87 Cr1.05%
Power Grid Corp Of India LtdEquity27.76 Cr1.05%
Voltas LtdEquity27.49 Cr1.04%
Grasim Industries LtdEquity26.89 Cr1.02%
Coal India LtdEquity26.59 Cr1.01%
Hindustan Unilever LtdEquity25.28 Cr0.96%
364 DTB 25042024Bond - Gov't/Treasury24.89 Cr0.94%
L&T Finance LtdEquity23.93 Cr0.90%
Oil & Natural Gas Corp LtdEquity22.78 Cr0.86%
HCL Technologies LtdEquity21.73 Cr0.82%
Indian BankEquity20.38 Cr0.77%
Apar Industries LtdEquity19.02 Cr0.72%
HDFC Life Insurance Company LimitedEquity19 Cr0.72%
Endurance Technologies LtdEquity18.1 Cr0.68%
Hero MotoCorp LtdEquity17.94 Cr0.68%
Kotak Mahindra Bank LtdEquity17.86 Cr0.68%
Mahindra & Mahindra Limited April 2024 FutureEquity - Future16.95 Cr0.64%
Hindalco Industries LtdEquity15.44 Cr0.58%
LTIMindtree LtdEquity14.61 Cr0.55%
Ambuja Cements LtdEquity12.25 Cr0.46%
Vedant Fashions LtdEquity11.58 Cr0.44%
INOX India LtdEquity10.81 Cr0.41%
Tata Chemicals LtdEquity10.81 Cr0.41%
Chemplast Sanmar LtdEquity9.25 Cr0.35%
Life Insurance Corporation of IndiaEquity9.16 Cr0.35%
Tata Steel Limited April 2024 FutureEquity - Future8.64 Cr0.33%
KEI Industries LtdEquity8.3 Cr0.31%
Net Receivables / (Payables)Cash5.55 Cr0.21%
Clearing Corporation Of India LtdCash - Repurchase Agreement5.51 Cr0.21%
Ceat LtdEquity4.08 Cr0.15%
Adani Ports & Special Economic Zone LtdEquity3.27 Cr0.12%
Max Healthcare Institute Ltd Ordinary SharesEquity1.9 Cr0.07%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity0.4 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

62.04%

Mid Cap Stocks

16.13%

Small Cap Stocks

19.09%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services654.28 Cr24.73%
Consumer Cyclical383.44 Cr14.50%
Basic Materials376.01 Cr14.21%
Industrials369.36 Cr13.96%
Energy246.16 Cr9.31%
Technology221.89 Cr8.39%
Utilities98.7 Cr3.73%
Real Estate97.98 Cr3.70%
Consumer Defensive81.72 Cr3.09%
Communication Services52.22 Cr1.97%
Healthcare1.9 Cr0.07%

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

Ashish Naik

Since February 2023

VJ

Vinayak Jayanath

Since February 2023

Mayank Hyanki

Mayank Hyanki

Since April 2024

Additional Scheme Detailsas of 31st March 2024

ISININF846K019N8Expense Ratio1.97%Exit Load1.00%Fund Size₹2,684 CrAge22 Feb 2023Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY 500 TR INR

Investment ObjectiveInvestment 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 nameExpense RatioExit LoadFund size
1Y
SBI Equity Minimum Variance Fund Direct Growth

Very High Risk

0.4%0.0%₹189.69 Cr34.7%
SBI Equity Minimum Variance Fund Regular Growth

Very High Risk

0.8%0.0%₹189.69 Cr34.3%
Bandhan Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%0.0%₹423.54 Cr58.5%
Bandhan Transportation and Logistics Fund Regular Growth

Very High Risk

2.4%0.0%₹423.54 Cr55.9%
ICICI Prudential Transportation and Logistics Fund Direct Growth

Very High Risk

0.8%1.0%₹2683.03 Cr62.8%
ICICI Prudential Transportation and Logistics Fund Regular Growth

Very High Risk

2.0%1.0%₹2683.03 Cr60.7%
HDFC NIFTY200 Momentum 30 ETF

Very High Risk

0.3%-₹11.35 Cr63.0%
HDFC NIFTY100 Low Volatility 30 ETF

Very High Risk

0.3%-₹5.95 Cr34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF

Very High Risk

0.3%-₹141.30 Cr69.8%
DSP Nifty Midcap 150 Quality 50 ETF

Low Risk

0.3%-₹80.93 Cr34.1%

About the AMC

Total AUM

₹2,78,720 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹71.47 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹4079.13 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.2%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.20 Cr6.6%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13728.71 Cr6.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹922.09 Cr25.4%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹240.82 Cr78.7%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11670.37 Cr34.7%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7272.40 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1586.00 Cr23.0%
Axis Special Situations Fund Direct Growth

Very High Risk

1.1%1.0%₹1202.39 Cr41.6%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5363.14 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1371.79 Cr35.9%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹3931.16 Cr8.2%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹132.21 Cr-11.2%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹499.14 Cr51.6%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹173.73 Cr7.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹285.72 Cr7.8%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33523.02 Cr31.5%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1708.41 Cr7.3%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹410.00 Cr19.0%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹14086.94 Cr35.3%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹342.01 Cr11.1%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1985.48 Cr8.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35473.88 Cr39.3%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7797.42 Cr7.4%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22169.19 Cr7.3%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.3%1.0%₹1173.79 Cr22.3%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹25536.68 Cr43.7%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5100.92 Cr7.6%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹902.05 Cr20.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2102.69 Cr28.3%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹264.67 Cr62.2%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹115.13 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.62 Cr6.7%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹463.99 Cr7.8%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4063.99 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹5081.24 Cr53.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.14 Cr6.9%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹290.25 Cr6.9%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹34.43 Cr11.7%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹135.86 Cr63.8%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹538.54 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹200.43 Cr8.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹431.54 Cr27.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Axis Business Cycles Fund Regular Growth, as of 12-Apr-2024, is ₹14.51.
The fund's allocation of assets is distributed as 98.64% in equities, 0.00% in bonds, and 1.36% in cash and cash equivalents.
The fund managers responsible for Axis Business Cycles Fund Regular Growth are:-
  1. Ashish Naik
  2. Vinayak Jayanath
  3. Mayank Hyanki