AXIS Business Cycles Fund – Direct (IDCW)

₹ 1,000
Min SIP
₹ 100
Min Lumpsum
0.52 %
Expense Ratio
Rating
2,491
Fund Size (in Cr)
2 Years
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 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - - - 17.2%
Category Average 9.7% 22.7% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
TCS
3.59%
Others
77.16%
View all Holdings
Holdings Sector Instrument Asset
Reliance Industr Refineries Equity 6.52%
CreditAcc. Gram. Finance Equity 4.75%
Sona BLW Precis. Auto Ancillaries Equity 4.29%
UltraTech Cem. Cement Equity 3.69%
TCS IT - Software Equity 3.59%
ICICI Bank Banks Equity 3.51%
Tata Motors Automobile Equity 3.49%
St Bk of India Banks Equity 3.49%
Chola Financial Finance Equity 3.24%
HDFC Bank Banks Equity 2.9%
NTPC Power Generation & Distribution Equity 2.66%
CIE Automotive Castings, Forgings & Fastners Equity 2.61%
Data Pattern Electronics Equity 2.24%
RHI Magnesita Refractories Equity 2.23%
Asian Paints Paints/Varnish Equity 2.2%
Brigade Enterpr. Realty Equity 2.15%
LTIMindtree IT - Software Equity 2.08%
Bharat Electron Electronics Equity 2.03%
SRF Chemicals Equity 2.03%
Infosys IT - Software Equity 1.96%
Balrampur Chini Sugar Equity 1.95%
Schaeffler India Bearings Equity 1.91%
K P R Mill Ltd Readymade Garments/ Apparells Equity 1.89%
DLF Realty Equity 1.87%
Hind. Unilever FMCG Equity 1.85%
Tech Mahindra IT - Software Equity 1.77%
Jindal Steel Steel Equity 1.7%
Solar Industries Chemicals Equity 1.67%
Voltas Consumer Durables Equity 1.61%
Chemplast Sanmar Chemicals Equity 1.58%
Power Grid Corpn Power Generation & Distribution Equity 1.56%
Shree Cement Cement Equity 1.51%
Aether Industri. Chemicals Equity 1.49%
B P C L Refineries Equity 1.42%
M & M Fin. Serv. Finance Equity 1.14%
Kaynes Tech Consumer Durables Equity 1.11%
CEAT Tyres Equity 0.88%
H P C L Refineries Equity 0.83%
Jio Financial Finance Equity 0.8%
Vedant Fashions Retail Equity 0.64%
Hindalco Inds. Non Ferrous Metals Equity 0.6%
Marico FMCG Equity 0.53%
Godrej Propert. Realty Equity 0.53%
Finance
9.93%
Banks
9.9%
Auto Components
9.69%
IT-Software
9.4%
Petroleum Products
8.77%
Others
52.31%
View all Sectors
Sectors Asset
Finance 9.93%
Banks 9.9%
Auto Components 9.69%
IT-Software 9.4%
Petroleum Products 8.77%
Chemicals & Petrochemical 6.77%
Debt 6.49%
Cement & Cement Products 5.2%
Realty 4.55%
Aerospace & Defense 4.27%
Power 4.22%
Others 4.17%
Consumer Durables 3.81%
Automobiles 3.49%
Agricultural Food & other 2.48%
Industrial Products 2.23%
Textiles & Apparels 1.89%
Diversified FMCG 1.85%
Ferrous Metals 1.7%
Industrial Manufacturing 1.11%
Retailing 0.64%
Non-Ferrous Metals 0.6%
Cash & Others -3.13%
Equity
92.5%
Derivatives
4.17%
Reverse Repos
3.7%
T-Bills
2.79%
Net Curr Ass/Net Receivables
-3.13%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
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:
2,48,980 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 ₹11.7 as of 18 August 2023.

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 ₹1000

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. Finance - 9.93%
  2. Banks - 9.9%
  3. Auto Components - 9.69%
  4. IT-Software - 9.4%
  5. Petroleum Products - 8.77%

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 17.2% 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 August 2023.

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

The AUM of AXIS Business Cycles Fund – Direct (IDCW) is ₹2,48,980 Cr as of 18 August 2023

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 - 6.52%
  2. CreditAcc. Gram. - 4.75%
  3. Sona BLW Precis. - 4.29%
  4. UltraTech Cem. - 3.69%
  5. TCS - 3.59%

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.
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