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Axis Business Cycles Fund Direct Growth
EquityEquity - OtherVery High Risk
Direct
NAV (21-Nov-24)
₹16.02-0.44%1D
Returns (Since Inception)
30.97%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,793 Cr
Expense Ratio
0.68%
ISIN
INF846K016N4
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
22 Feb 2023
About this fund
Axis Business Cycles Fund Direct Growth is a Equity - Other mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 1 years and 9 months, having been launched on 22-Feb-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹16.02, Assets Under Management (AUM) of 2793.45 Crores, and an expense ratio of 0.68%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹16.02, Assets Under Management (AUM) of 2793.45 Crores, and an expense ratio of 0.68%.
- Axis Business Cycles Fund Direct Growth has given a CAGR return of 30.97% since inception.
- The fund's asset allocation comprises around 97.42% in equities, 0.00% in debts, and 2.58% in cash & cash equivalents.
- You can start investing in Axis Business Cycles Fund Direct 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
+27.34%
— (Cat Avg.)
Since Inception
+30.97%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹2,721.52 Cr | 97.42% |
| Others | ₹71.93 Cr | 2.58% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹150.65 Cr | 5.77% |
| ICICI Bank Ltd | Equity | ₹141.46 Cr | 5.41% |
| Larsen & Toubro Ltd | Equity | ₹75.19 Cr | 2.88% |
| Bharti Airtel Ltd | Equity | ₹72.97 Cr | 2.79% |
| UltraTech Cement Ltd | Equity | ₹68.24 Cr | 2.61% |
| Reliance Industries Ltd | Equity | ₹65.22 Cr | 2.50% |
| Infosys Ltd | Equity | ₹61.5 Cr | 2.35% |
| Mahindra & Mahindra Ltd | Equity | ₹57.93 Cr | 2.22% |
| InterGlobe Aviation Ltd | Equity | ₹52.91 Cr | 2.02% |
| RHI Magnesita India Ltd | Equity | ₹50.66 Cr | 1.94% |
| HDFC Life Insurance Co Ltd | Equity | ₹50.62 Cr | 1.94% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹50.21 Cr | 1.92% |
| State Bank of India | Equity | ₹44.8 Cr | 1.71% |
| Jindal Stainless Ltd | Equity | ₹41.46 Cr | 1.59% |
| Sona BLW Precision Forgings Ltd | Equity | ₹38.9 Cr | 1.49% |
| Tata Consultancy Services Ltd | Equity | ₹38.51 Cr | 1.47% |
| Jyoti CNC Automation Ltd | Equity | ₹38.12 Cr | 1.46% |
| ITC Ltd | Equity | ₹37.33 Cr | 1.43% |
| Strides Pharma Science Ltd | Equity | ₹37.16 Cr | 1.42% |
| Hindustan Unilever Ltd | Equity | ₹35.81 Cr | 1.37% |
| REC Ltd | Equity | ₹35.8 Cr | 1.37% |
| GE Vernova T&D India Ltd | Equity | ₹35.72 Cr | 1.37% |
| Apar Industries Ltd | Equity | ₹35.08 Cr | 1.34% |
| Kaynes Technology India Ltd | Equity | ₹34.75 Cr | 1.33% |
| Delhivery Ltd | Equity | ₹34.63 Cr | 1.33% |
| Fortis Healthcare Ltd | Equity | ₹34.03 Cr | 1.30% |
| Mankind Pharma Ltd | Equity | ₹33.56 Cr | 1.28% |
| DLF Ltd | Equity | ₹32.91 Cr | 1.26% |
| Brigade Enterprises Ltd | Equity | ₹31.35 Cr | 1.20% |
| Aether Industries Ltd | Equity | ₹30.76 Cr | 1.18% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹30.07 Cr | 1.15% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹29.07 Cr | 1.11% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹28.66 Cr | 1.10% |
| Bharat Electronics Ltd | Equity | ₹27.86 Cr | 1.07% |
| Hindalco Industries Ltd | Equity | ₹26.41 Cr | 1.01% |
| Solar Industries India Ltd | Equity | ₹26.05 Cr | 1.00% |
| Minda Corp Ltd | Equity | ₹25.61 Cr | 0.98% |
| Godrej Agrovet Ltd Ordinary Shares | Equity | ₹25.12 Cr | 0.96% |
| 91 DTB 03012025 | Bond - Gov't/Treasury | ₹24.72 Cr | 0.95% |
| Emcure Pharmaceuticals Ltd | Equity | ₹23.68 Cr | 0.91% |
| Dabur India Ltd | Equity | ₹23.55 Cr | 0.90% |
| Ambuja Cements Ltd | Equity | ₹23.48 Cr | 0.90% |
| KEI Industries Ltd | Equity | ₹23.34 Cr | 0.89% |
| LTIMindtree Ltd | Equity | ₹22.84 Cr | 0.87% |
| Tata Technologies Ltd | Equity | ₹22.84 Cr | 0.87% |
| Cipla Ltd | Equity | ₹22.78 Cr | 0.87% |
| Varun Beverages Ltd | Equity | ₹22.12 Cr | 0.85% |
| K.P.R. Mill Ltd | Equity | ₹22.03 Cr | 0.84% |
| Titagarh Rail Systems Ltd | Equity | ₹21.75 Cr | 0.83% |
| Aditya Birla Real Estate Ltd | Equity | ₹21.3 Cr | 0.82% |
| Karur Vysya Bank Ltd | Equity | ₹20.59 Cr | 0.79% |
| Power Grid Corp Of India Ltd | Equity | ₹19.81 Cr | 0.76% |
| Bharat Petroleum Corp Ltd | Equity | ₹19.52 Cr | 0.75% |
| Tech Mahindra Ltd | Equity | ₹19.35 Cr | 0.74% |
| Granules India Ltd | Equity | ₹19.23 Cr | 0.74% |
| Kotak Mahindra Bank Ltd | Equity | ₹18.62 Cr | 0.71% |
| Eicher Motors Ltd | Equity | ₹18.38 Cr | 0.70% |
| Indian Bank | Equity | ₹18.35 Cr | 0.70% |
| TVS Motor Co Ltd | Equity | ₹18.29 Cr | 0.70% |
| National Aluminium Co Ltd | Equity | ₹17.62 Cr | 0.67% |
| Zomato Ltd | Equity | ₹16.96 Cr | 0.65% |
| Multi Commodity Exchange of India Ltd | Equity | ₹16.93 Cr | 0.65% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹16.67 Cr | 0.64% |
| Sudarshan Chemical Industries Ltd | Equity | ₹15.72 Cr | 0.60% |
| Bank Nifty Index November 2024 Future | Equity Index - Future | ₹15.59 Cr | 0.60% |
| United Spirits Ltd | Equity | ₹15.22 Cr | 0.58% |
| Arvind Fashions Ltd | Equity | ₹15.02 Cr | 0.57% |
| Tata Power Co Ltd | Equity | ₹14.85 Cr | 0.57% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹14.75 Cr | 0.56% |
| JSW Steel Ltd | Equity | ₹14.45 Cr | 0.55% |
| Jyothy Labs Ltd | Equity | ₹14.28 Cr | 0.55% |
| Trent Ltd | Equity | ₹14.26 Cr | 0.55% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹14.02 Cr | 0.54% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹13.64 Cr | 0.52% |
| Net Receivables / (Payables) | Cash | ₹13.49 Cr | 0.52% |
| Premier Energies Ltd | Equity | ₹12.4 Cr | 0.47% |
| Samvardhana Motherson International Ltd | Equity | ₹12.35 Cr | 0.47% |
| Marico Ltd | Equity | ₹12.23 Cr | 0.47% |
| Britannia Industries Ltd | Equity | ₹12.23 Cr | 0.47% |
| Schaeffler India Ltd | Equity | ₹12.14 Cr | 0.46% |
| Adani Energy Solutions Ltd | Equity | ₹12 Cr | 0.46% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹11.93 Cr | 0.46% |
| City Union Bank Ltd | Equity | ₹11.41 Cr | 0.44% |
| Life Insurance Corporation of India | Equity | ₹11.08 Cr | 0.42% |
| Chalet Hotels Ltd | Equity | ₹10.99 Cr | 0.42% |
| Havells India Ltd | Equity | ₹8.93 Cr | 0.34% |
| Dhanuka Agritech Ltd | Equity | ₹8.7 Cr | 0.33% |
| P N Gadgil Jewellers Ltd | Equity | ₹7.16 Cr | 0.27% |
| Ceigall India Ltd | Equity | ₹5.57 Cr | 0.21% |
| CIE Automotive India Ltd | Equity | ₹3.12 Cr | 0.12% |
| Premier Energies Limited | Equity | ₹2.8 Cr | 0.11% |
| Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.1) | Equity | ₹0.7 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
54.58%
Mid Cap Stocks
13.54%
Small Cap Stocks
26.34%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹617.28 Cr | 23.62% |
| Industrials | ₹444.5 Cr | 17.01% |
| Basic Materials | ₹309.63 Cr | 11.85% |
| Consumer Cyclical | ₹285.06 Cr | 10.91% |
| Healthcare | ₹213.11 Cr | 8.16% |
| Consumer Defensive | ₹211.52 Cr | 8.10% |
| Technology | ₹177.43 Cr | 6.79% |
| Energy | ₹84.74 Cr | 3.24% |
| Communication Services | ₹72.97 Cr | 2.79% |
| Real Estate | ₹64.26 Cr | 2.46% |
| Utilities | ₹46.67 Cr | 1.79% |
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 31st October 2024
ISIN INF846K016N4 | Expense Ratio 0.68% | Exit Load 1.00% | Fund Size ₹2,793 Cr | Age 1 year 9 months | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹219.26 Cr | 16.2% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹219.26 Cr | 15.8% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.9% | 0.0% | ₹541.38 Cr | 31.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹541.38 Cr | 29.5% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹2975.33 Cr | 37.4% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2975.33 Cr | 35.8% |
| 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% | - | ₹342.57 Cr | 34.8% |
| DSP Nifty Midcap 150 Quality 50 ETF Very High Risk | 0.3% | - | ₹97.40 Cr | 23.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,29,913 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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Still got questions?
We're here to help.
What is the current NAV of Axis Business Cycles Fund Direct Growth?
The NAV of Axis Business Cycles Fund Direct Growth, as of 21-Nov-2024, is ₹16.02.
What is the portfolio composition of Axis Business Cycles Fund Direct Growth?
The fund's allocation of assets is distributed as 97.42% in equities, 0.00% in bonds, and 2.58% in cash and cash equivalents.
Who manages the Axis Business Cycles Fund Direct Growth?
The fund managers responsible for Axis Business Cycles Fund Direct 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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.