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Sectoral / Thematicregulargrowth📊 NIFTY 500 TRI

Axis Business Cycles Fund - Regular Plan - Growth

Axis Mutual Fund

#135 of 213 (1Y)

₹16.1900

0.23 (-1.40%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹16.1900

0.23 (-1.40%)

29 May 2026

AMFI: 151366

Direct · Growth

₹₹16.9100

0.24 (-1.40%)

29 May 2026

AMFI: 151368

Regular · IDCW

₹₹16.1900

0.23 (-1.40%)

29 May 2026

AMFI: 151367

Direct · IDCW

₹₹16.9000

0.24 (-1.40%)

29 May 2026

AMFI: 151369

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-1.89%
1 Month-0.62%
3 Months-2.72%
6 Months-4.51%
1 Year+0.00%
3 Years (CAGR)+14.31%
5 Years (CAGR)
10 Years (CAGR)
Since Inception (Feb 2023)+15.87%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP-1.16%
3 Year SIP+6.67%
5 Year SIP
Since Inception (Feb 2023)+8.22%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹19,500

Invested

₹22,204

Value today

8.0%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,619

Value today

15.9%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹8,63,354

Value today

-11.1%

vs lumpsum

Direct lumpsum would have beaten STP by 11.1% — but STP reduced timing risk

Model your own STP with real NAV

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹22,204

Benchmark

₹22,128

+₹76 extra wealth vs the benchmark index

Backtest this SIP yourself

Direct vs Regular — ₹500/month over 3 years

Expense ratio drag on your actual returns

Direct plan

₹21,034

Regular plan

₹20,589

Direct earns ₹445 more on a ₹18K investment0.82% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseAxis Mutual Fund
CategorySectoral / Thematic
Plan Typeregular
Optiongrowth
AUM₹2,108 Cr
Expense Ratio2.06%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY 500 TRI ✓
Launch Date22 Feb 2023
AMFI Code151366

Risk Metrics

Trailing 1 year, annualised

-0.41

Sharpe Ratio

-0.03

Alpha

0.44

Beta

-0.39

Sortino

15.35%

Std Dev

-17.29%

Max Drawdown

Portfolio Holdings

Top 50 holdings · as of Mar 2026

Security% NAV

ICICI Bank Limited

INE090A01021

4.09%

Larsen & Toubro Limited

INE018A01030

4.00%

Larsen & Toubro Limited

INE018A01030

3.57%

Axis Bank Limited

INE238A01034

3.52%

Axis Bank Limited

INE238A01034

3.47%

ICICI Bank Limited

INE090A01021

3.39%

HDFC Bank Limited

INE040A01034

3.18%

UltraTech Cement Limited

INE481G01011

2.83%

HDFC Bank Limited

INE040A01034

2.82%

UltraTech Cement Limited

INE481G01011

2.76%

Kotak Mahindra Bank Limited

INE237A01036

2.66%

Kotak Mahindra Bank Limited

INE237A01036

2.61%

Reliance Industries Limited

INE002A01018

2.55%

Mahindra & Mahindra Limited

INE101A01026

2.54%

NTPC Limited

INE733E01010

2.47%

Reliance Industries Limited

INE002A01018

2.45%

Bharti Airtel Limited

INE397D01024

2.42%

Mahindra & Mahindra Limited

INE101A01026

2.33%

Bharti Airtel Limited

INE397D01024

2.32%

NTPC Limited

INE733E01010

2.25%

IndusInd Bank Limited

INE095A01012

2.22%

GE Vernova T&D India Limited

INE200A01026

2.19%

Aether Industries Limited

INE0BWX01014

2.08%

IndusInd Bank Limited

INE095A01012

2.02%

Aether Industries Limited

INE0BWX01014

2.01%

BSE Limited

INE118H01025

1.99%

Hindustan Unilever Limited

INE030A01027

1.86%

Hindustan Unilever Limited

INE030A01027

1.84%

Jindal Steel Limited

INE749A01030

1.84%

Cummins India Limited

INE298A01020

1.79%

One 97 Communications Limited

INE982J01020

1.72%

Cummins India Limited

INE298A01020

1.69%

One 97 Communications Limited

INE982J01020

1.67%

Jindal Steel Limited

INE749A01030

1.66%

BSE Limited

INE118H01025

1.62%

Aarti Industries Limited

INE769A01020

1.55%

HCL Technologies Limited

INE860A01027

1.53%

Bharat Heavy Electricals Limited

INE257A01026

1.48%

PTC Industries Limited

INE596F01018

1.47%

Vishal Mega Mart Limited

INE01EA01019

1.44%

Shriram Finance Limited

INE721A01047

1.44%

PTC Industries Limited

INE596F01018

1.43%

Jyoti CNC Automation Ltd

INE980O01024

1.41%

CreditAccess Grameen Limited

INE741K01010

1.39%

Mankind Pharma Limited

INE634S01028

1.37%

CG Power and Industrial Solutions Limited

INE067A01029

1.37%

CreditAccess Grameen Limited

INE741K01010

1.37%

Vishal Mega Mart Limited

INE01EA01019

1.37%

Mankind Pharma Limited

INE634S01028

1.35%

Aarti Industries Limited

INE769A01020

1.35%

Performance Comparison

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Investment Objective

Axis Business Cycles Fund - Regular Plan - 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 Plan - 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 ₹2,108 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.06%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations