April 2, 2025
mayank
Axis Business Cycles Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.3200
NAV IDCW: Rs 15.3100
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of Axis Business Cycles Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 22-Feb-23 |
| Return Since Launch | 22.44% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,141 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.73% |
| (As on 28-Feb-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 93.00% |
Trailing Returns (%) of Axis Business Cycles Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Business Cycles Dir | -7.49 | -0.97 | 7.43 | -7.88 | -12.61 | 5.36 | — | — | — | — |
Peer Comparison of Axis Business Cycles Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Business Cycles Dir | Unrated | 5.36 | — | — | 0.73 | 2,141 | 22.44 | 1.00 (365) | 2Y 1M | 93.00 |
| ICICI Pru India Opportunities Dir | Unrated | 10.93 | 23.41 | 38.16 | 0.69 | 23,860 | 22.68 | 1.00 (365) | 6Y 2M | 69.00 |
| ICICI Pru Business Cycle Dir | Unrated | 6.08 | 20.60 | — | 0.74 | 11,029 | 22.19 | 1.00 (30) | 4Y 2M | 25.00 |
| HDFC Manufacturing Dir | Unrated | — | — | — | 0.56 | 10,776 | -2.51 | 1.00 (30) | 10M | — |
| SBI Innovative Opportunities Dir | Unrated | — | — | — | 0.70 | 6,912 | -12.97 | 1.00 (365) | 7M | 34.00 |
Portfolio Analysis of Axis Business Cycles Fund
| No. of Stocks | 90 |
| Top 10 Stocks | 34.39% |
| Top 5 Stocks | 22.02% |
| Top 3 Sectors | 38.15% |
| Portfolio P/B Ratio | 3.72 |
| Portfolio P/E Ratio | 24.81 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,44,818 | 1,16,778 |
| Giant (%) | 51.49 | 43.08 |
| Large (%) | 18.05 | 22.91 |
| Mid (%) | 24.41 | 26.88 |
| Small (%) | 6.05 | 12.55 |
| Tiny (%) | — | 0.78 |
Chanakya’s Mutual Fund Guidance For Axis Business Cycles Fund
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