Axis Business Cycles Fund · Regular · Growth
NAV
₹17.3300
as of 13 Nov 2026
Expense Ratio
2.36%
AUM
₹2,127 Cr
Lumpsum returns (CAGR)
- 1Y
- +3.28%
- 3Y
- +12.47%
- 5Y
- —
- Since Inception
- +15.91%
SIP returns (XIRR)
- 1Y
- +10.52%
- 3Y
- +7.13%
- 5Y
- —
- Since Inception
- +10.01%
What history actually did — last 3 years (Nov 2023 – Nov 2026)
A ₹5,000 monthly SIP for the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹1,98,053 today — ₹1,80,000 invested, 6.6% XIRR.
₹1,80,000
Invested
₹1,98,053
Value today
6.6%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Nov 2023 – Nov 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,42,282 today (12.5% CAGR).
Fund vs Benchmark (TRI)
Same SIP, benchmark total-return index
The same SIP would be worth ₹1,98,053 in this fund vs ₹1,95,242 in the benchmark — outperformance of ₹2,811.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Nov 2023 – Nov 2026) (4 Jun 2024) would be ₹1,20,767 today (1.21×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised-0.05
Sharpe Ratio
+0.01
Alpha
0.98
Beta
-0.05
Sortino
13.88%
Std Dev
-14.21%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 30 Sept 2026- Banks17.45%
- Auto Components7.21%
- Chemicals & Petrochemicals6.94%
- Finance5.36%
- Industrial Products4.77%
- Retailing4.18%
- Pharmaceuticals & Biotechnology4.13%
- Construction3.79%
- IT - Software3.63%
- Cement & Cement Products3.59%
- Non - Ferrous Metals2.94%
- Financial Technology (Fintech)2.93%
Each sector links to the mutual funds most exposed to it.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 1Larsen & Toubro Limited3.79%
- 2Axis Bank Limited3.60%
- 3Icici Bank Limited3.59%
- 4Hdfc Bank Limited3.34%
- 5Kotak Mahindra Bank Limited2.72%
- 6Grasim Industries Limited2.67%
- 7Aether Industries Limited2.58%
- 8Bharti Airtel Limited2.47%
- 9Ptc Industries Limited2.22%
- 10Indusind Bank Limited2.21%
What this fund does
Axis Business Cycles Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
Axis Business Cycles Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by Axis Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹2,127 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.36%.