Axis Business Cycles Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 98% of historical 3-year rolling periods.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.61% | +6.32% | -0.71% |
| 3 Months | -0.52% | -0.20% | -0.32% |
| 6 Months | +5.48% | +5.98% | -0.50% |
| 1 Year | +3.84% | +3.90% | -0.06% |
| 3 Years CAGR | +12.57% | +13.23% | -0.66% |
| Since Inception | +15.90% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Axis Business Cycles Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.03% | +4.03% | 0.00% |
| 2025 | +3.10% | +1.43% | +1.67% |
| 2024 | +19.56% | +20.41% | -0.85% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -6.22% | +14.26% | +6.31% | +43.83% | 85.1% | 67.9% |
| 3-Year Rolling | +10.33% | +13.64% | +13.82% | +17.91% | 100.0% | 97.7% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-24 | 2025-02-28 | -19.6% | 5 months | 17 months |
| 2026-08-26 | 2026-10-23 | -10.9% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments selected on the basis of business cycle : 80% to 100%, Other Equity & Equity Related: 0% to 20%, Debt and Money Market Instruments: 0% to 20%, Units issued by InvITs: 0% to 10% | Per Scheme Mandate |
Investment Objective & Strategy
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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,086 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life ESG Integration Strategy Fund | 4.6 | +11.97% | 2.43% | 95.4% | Rs 582 cr | Compare → |
| Kotak Consumption Fund | 5.3 | - | 2.27% | 94.7% | Rs 1,698 cr | Compare → |
| Kotak Banking & Financial Services Fund | 6.0 | +13.29% | 2.24% | 97.2% | Rs 1,577 cr | Compare → |
| BANDHAN Infrastructure Fund | 4.8 | +13.98% | 2.26% | 138.4% | Rs 1,410 cr | Compare → |
| Baroda BNP Paribas Business Cycle Fund | 5.0 | +12.49% | 2.53% | 104.5% | Rs 570 cr | Compare → |
Frequently Asked Questions about Axis Business Cycles Fund
What is the expense ratio of Axis Business Cycles Fund?
Axis Business Cycles Fund has a total expense ratio (TER) of 2.36% with a base expense ratio of 1.75%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages Axis Business Cycles Fund?
Axis Business Cycles Fund is managed by Ashish Naik.
What are the historical returns of Axis Business Cycles Fund?
Axis Business Cycles Fund delivered a 3-year CAGR of 12.57%. Its 1-year return stands at +3.84%.
How large is Axis Business Cycles Fund?
Axis Business Cycles Fund manages assets of Rs 2,086 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is Axis Business Cycles Fund scored on MFIQ?
Axis Business Cycles Fund holds an MFIQ Score of 5.3/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis Business Cycles Fund?
Axis Business Cycles Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.98% with a maximum historical drawdown of -19.64%.