AXIS Business Cycles Fund – Direct (IDCW)

₹ 100
Min SIP
₹ 100
Min Lumpsum
0.52 %
Expense Ratio
Rating
2,684
Fund Size (in Cr)
1 Year
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 41% - - 37%
Category Average 39.9% 18.9% 17.1% -

Scheme Allocation

By Holding
By Sector
By Asset
4.48%
4.27%
TCS
3.5%
Others
79.04%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 4.7%
ICICI Bank Banks Equity 4.48%
HDFC Bank Banks Equity 4.27%
St Bk of India Banks Equity 4.01%
TCS IT - Software Equity 3.5%
CreditAcc. Gram. Finance Equity 2.84%
Sona BLW Precis. Auto Ancillaries Equity 2.81%
NTPC Power Generation & Distribution Equity 2.79%
Solar Industries Aerospace & Defence Equity 2.37%
Infosys IT - Software Equity 2.37%
Bharat Electron Aerospace & Defence Equity 2.24%
B P C L Refineries Equity 2.11%
Data Pattern Aerospace & Defence Equity 2.05%
Jio Financial Finance Equity 2.02%
UltraTech Cem. Cement Equity 1.99%
Tata Motors Automobile Equity 1.98%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.91%
DLF Realty Equity 1.91%
Brigade Enterpr. Realty Equity 1.89%
Power Grid Corpn Power Generation & Distribution Equity 1.87%
Jindal Steel Steel Equity 1.83%
RHI Magnesita Refractories Equity 1.82%
Chola Financial Finance Equity 1.73%
Delhivery Logistics Equity 1.71%
Tech Mahindra IT - Software Equity 1.68%
CIE Automotive Castings, Forgings & Fastners Equity 1.65%
Schaeffler India Bearings Equity 1.64%
Jindal Stain. Steel Equity 1.63%
SRF Chemicals Equity 1.59%
Kaynes Tech Consumer Durables Equity 1.58%
Shree Cement Cement Equity 1.44%
Bharti Airtel Telecomm-Service Equity 1.38%
Voltas Consumer Durables Equity 1.34%
Interglobe Aviat Air Transport Service Equity 1.31%
Adani Ports Marine Port & Services Equity 1.28%
Minda Corp Auto Ancillaries Equity 1.18%
Aether Industri. Chemicals Equity 1.17%
Coal India Mining & Mineral products Equity 1.16%
LTIMindtree IT - Software Equity 1.14%
Marico Edible Oil Equity 1.11%
Balrampur Chini Sugar Equity 1.08%
HCL Technologies IT - Software Equity 1.03%
Hind. Unilever FMCG Equity 1%
BSE Miscellaneous Equity 1%
Grasim Inds Textiles Equity 0.96%
L&T Fin.Holdings Finance Equity 0.94%
O N G C Crude Oil & Natural Gas Equity 0.84%
Hero Motocorp Automobile Equity 0.82%
Inox India Packaging Equity 0.82%
Indian Bank Banks Equity 0.77%
Endurance Tech. Auto Ancillaries Equity 0.69%
Larsen & Toubro Infrastructure Developers & Operators Equity 0.65%
Apar Inds. Capital Goods - Electrical Equipment Equity 0.63%
CEAT Tyres Equity 0.63%
Hindalco Inds. Non Ferrous Metals Equity 0.52%
Vedant Fashions Retail Equity 0.48%
Ambuja Cements Cement Equity 0.45%
Life Insurance Insurance Equity 0.38%
Chemplast Sanmar Chemicals Equity 0.36%
KEI Industries Cables Equity 0.29%
Grasim Inds PP Textiles Equity 0.01%
Banks
13.53%
IT-Software
9.72%
Auto Components
8.6%
Finance
7.53%
Petroleum Products
6.81%
Others
53.81%
View all Sectors
Sectors Asset
Banks 13.53%
IT-Software 9.72%
Auto Components 8.6%
Finance 7.53%
Petroleum Products 6.81%
Chemicals & Petrochemical 5.49%
Cement & Cement Products 4.85%
Power 4.66%
Aerospace & Defense 4.29%
Realty 3.8%
Ferrous Metals 3.46%
Transport Services 3.02%
Industrial Products 2.93%
Automobiles 2.8%
Debt 2.22%
Others 2.21%
Agricultural Food & other 2.19%
Textiles & Apparels 1.91%
Industrial Manufacturing 1.58%
Telecom-Services 1.38%
Consumer Durables 1.34%
Transport Infrastructure 1.28%
Consumable Fuels 1.16%
Capital Markets 1%
Diversified FMCG 1%
Oil 0.84%
Construction 0.65%
Electrical Equipments 0.63%
Non-Ferrous Metals 0.52%
Retailing 0.48%
Insurance 0.38%
Cash & Others -2.25%
Equity
97.83%
Derivatives
2.21%
Reverse Repos
1.3%
T-Bills
0.92%
Net Curr Ass/Net Receivables
-2.25%

Advance Ratio

4.81
Alpha
2.82
SD
0.87
Beta
2.96
Sharpe

Exit Load

Exit Load If redeemed / switched-out within 12 months - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil

Fund Objective

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.

Fund Managers

Ashish Naik - Funds and Content Listing - Fund Manager

With 14 years of work experience, Mr Ashish Naik handles Funds and Content Listing at Axis Mutual Fund. His current designation is Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in August 2009 as AVP – Research Analyst and was promoted to Assistant Fund Manager in 2016 and Fund Manager in June 2018. Before joining Axis AMC, Mr Naik worked with Goldman Sachs as Sell-side Equity Research Analyst and Hexaware Technologies as Software Engineer.

Mr Ashish Naik’s educational qualifications include PGDBM (Finance and Marketing) from XLRI Jamshedpur, Financial Risk Management (FRM) from Global Association of Risk Professionals (GARP), and BE (Computer Engineering) from the University of Mumbai. Mr Nail also has a certificate in Chartered Financial Analyst (CFA Institute). His areas of interest include valuation, financial modelling, equity research, financial analysis, corporate finance, etc.

Mr Ashish Naik currently manages eleven (11) schemes at Axis Mutual Fund, including Axis Triple Advantage Fund, Axis Arbitrage Fund, Axis Special Situations Fund, Axis Quant Fund,  Axis NIFTY 100 Index Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,63,225 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

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Frequently Asked Questions

How to invest in AXIS Business Cycles Fund – Direct (IDCW) ?

You can invest in AXIS Business Cycles Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Business Cycles Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Business Cycles Fund – Direct (IDCW) ?

The NAV of AXIS Business Cycles Fund – Direct (IDCW) is ₹13.9 as of 18 March 2024.

How to redeem AXIS Business Cycles Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Business Cycles Fund – Direct (IDCW)?

The minimum SIP amount of AXIS Business Cycles Fund – Direct (IDCW) is ₹100

What are the top sectors AXIS Business Cycles Fund – Direct (IDCW) has invested in?

The top sectors AXIS Business Cycles Fund – Direct (IDCW) has invested in are
  1. Banks - 13.53%
  2. IT-Software - 9.72%
  3. Auto Components - 8.6%
  4. Finance - 7.53%
  5. Petroleum Products - 6.81%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Business Cycles Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of AXIS Business Cycles Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have AXIS Business Cycles Fund – Direct (IDCW) generated ?

The AXIS Business Cycles Fund – Direct (IDCW) has delivered 37% since inception

What is the expense ratio of AXIS Business Cycles Fund – Direct (IDCW) ?

The expense ratio of AXIS Business Cycles Fund – Direct (IDCW) is 0.52 % as of 18 March 2024.

What is the AUM of AXIS Business Cycles Fund – Direct (IDCW)?

The AUM of AXIS Business Cycles Fund – Direct (IDCW) is ₹2,63,225 Cr as of 18 March 2024

What are the top stock holdings of AXIS Business Cycles Fund – Direct (IDCW)?

The top stock holdings of AXIS Business Cycles Fund – Direct (IDCW) are
  1. Reliance Industr - 4.7%
  2. ICICI Bank - 4.48%
  3. HDFC Bank - 4.27%
  4. St Bk of India - 4.01%
  5. TCS - 3.5%

How can I redeem my investments in AXIS Business Cycles Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Business Cycles Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now