Axis Business Cycles Fund (Direct)
Axis Mutual Fund · benchmark Nifty 500 TRI · 3.7 years old · AMFI code 151368
B (middle of the peer group), score 39.5 out of 100. Describes the past, not a forecast.
Returns against the index
| Period | Fund | Index (TRI) | Difference | Rank in category |
|---|---|---|---|---|
| 6 months | 4.4% | 2.5% | +1.9% | 6 / 18 |
| 1 year | 2.2% | -1.0% | +3.2% | 8 / 17 |
| 3 years (a year) | 13.7% | 12.0% | +1.7% | 7 / 10 |
| 5 years (a year) | – | – | – | – |
Growth option, point to point to 5 Nov 2026; periods over a year are annualised (CAGR). Index returns use the total-return index, which includes dividends.
Risk
Portfolio
Top 10 holdings, September 2026 portfolio.
Common questions
What is the NAV of Axis Business Cycles Fund (Direct plan)?
₹17.77 on 5 Nov 2026 (Growth option).
What is the expense ratio of Axis Business Cycles Fund (Direct)?
1.63% a year; the Regular plan's is 2.37%.
What return has Axis Business Cycles Fund given over 3 years?
13.7% a year (Direct plan) over the 3 years to 5 Nov 2026, against 12.0% for the Nifty 500 total-return index.
What does Axis Business Cycles Fund invest in?
Its largest holdings are Larsen & Toubro Limited, Axis Bank Limited, ICICI Bank Limited, with 85 stocks in all (September 2026 portfolio).
How is Axis Business Cycles Fund rated?
B: 7 of 10 Direct plans in Thematic: Business Cycle, on its track record. This describes the past and is not a recommendation.
Data as of 5 Nov 2026: NAVs from AMFI, index data from NSE Indices, portfolios from Axis Mutual Fund's monthly disclosure. Updated every weekday. Read the scheme documents before investing.