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Axis Business Cycles Fund - Direct Plan - Growth Option

Axis Mutual Fund · Sectoral/Thematic · Direct · Growth

NAV · as of 11/09/2026

18.05

1D

-0.06%

1Y

+5.68%

Key stats

Expense ratio
1.61%
AUM
₹2.13 K Cr
Launched
22/02/2023
Fund manager
Ashish Naik
Portfolio turnover
1.13%
Risk
Very High Risk
Min lump-sum
₹100
Min SIP
₹100/mo
Fresh lump-sum
Accepted
Fresh SIP
Accepted

NAV history

Axis Business Cycles Fund - Direct Plan - Growth Option

13/08/2026 to 11/09/2026

O - H - L -

18.4218.0513/08/202611/09/2026
1W-1.15%
1M-1.04%
3M+6.99%
6M+15.56%
1Y+5.68%
3Y+13.77%
MAX+80.14%

Top holdings

86 disclosed
  • 1.

    Larsen & Toubro Ltd

    Industrials

    4.08%
  • 2.

    ICICI Bank Ltd

    Financial Services

    3.65%
  • 3.

    Axis Bank Ltd

    Financial Services

    3.64%
  • 4.

    HDFC Bank Ltd

    Financial Services

    3.26%
  • 5.

    Grasim Industries Ltd

    Basic Materials

    2.64%
  • 6.

    Kotak Mahindra Bank Ltd

    Financial Services

    2.64%
  • 7.

    Mahindra & Mahindra Ltd

    Consumer Cyclical

    2.49%
  • 8.

    Eternal Ltd

    Consumer Cyclical

    2.44%
  • 9.

    Bharti Airtel Ltd

    Communication Services

    2.35%
  • 10.

    Aether Industries Ltd

    Basic Materials

    2.30%
  • 11.

    IndusInd Bank Ltd

    Financial Services

    2.21%
  • 12.

    BSE Ltd

    Financial Services

    2.09%
  • 13.

    Reliance Industries Ltd

    Energy

    2.01%
  • 14.

    Cummins India Ltd

    Industrials

    1.90%
  • 15.

    One97 Communications Ltd

    Technology

    1.77%
  • 16.

    CreditAccess Grameen Ltd Ordinary Shares

    Financial Services

    1.65%
  • 17.

    Solar Industries India Ltd

    Basic Materials

    1.61%
  • 18.

    CG Power & Industrial Solutions Ltd

    Industrials

    1.55%
  • 19.

    Mankind Pharma Ltd

    Healthcare

    1.53%
  • 20.

    PTC Industries Ltd

    Industrials

    1.53%
  • 21.

    Jindal Steel Ltd

    Basic Materials

    1.43%
  • 22.

    Net Receivables / (Payables)

    1.41%
  • 23.

    Aarti Industries Ltd

    Basic Materials

    1.38%
  • 24.

    Vishal Mega Mart Ltd

    Consumer Cyclical

    1.37%
  • 25.

    Bajaj Finance Ltd

    Financial Services

    1.37%
  • 26.

    Jyoti CNC Automation Ltd

    Industrials

    1.35%
  • 27.

    Delhivery Ltd

    Industrials

    1.31%
  • 28.

    NTPC Ltd

    Utilities

    1.30%
  • 29.

    Max Healthcare Institute Ltd Ordinary Shares

    Healthcare

    1.28%
  • 30.

    Tata Motors Ltd

    Consumer Cyclical

    1.23%
  • 31.

    Sona BLW Precision Forgings Ltd

    Consumer Cyclical

    1.20%
  • 32.

    Asian Paints Ltd

    Basic Materials

    1.18%
  • 33.

    Bharat Heavy Electricals Ltd

    Industrials

    1.12%
  • 34.

    RBL Bank Ltd

    Financial Services

    1.11%
  • 35.

    Hyundai Motor India Ltd

    Consumer Cyclical

    1.09%
  • 36.

    Oil & Natural Gas Corp Ltd

    Energy

    1.06%
  • 37.

    Bosch Ltd

    Consumer Cyclical

    1.05%
  • 38.

    Endurance Technologies Ltd

    Consumer Cyclical

    1.03%
  • 39.

    Coforge Ltd

    Technology

    1.02%
  • 40.

    Ambuja Cements Ltd

    Basic Materials

    1.02%
  • 41.

    Titagarh Rail Systems Ltd

    Industrials

    0.98%
  • 42.

    Vedanta Aluminium Metal Ltd

    Basic Materials

    0.97%
  • 43.

    PNB Housing Finance Ltd

    Financial Services

    0.96%
  • 44.

    Bajaj Finserv Ltd

    Financial Services

    0.95%
  • 45.

    RHI Magnesita India Ltd

    Industrials

    0.89%
  • 46.

    Hindustan Unilever Ltd

    Consumer Defensive

    0.87%
  • 47.

    City Union Bank Ltd

    Financial Services

    0.86%
  • 48.

    Welspun Corp Ltd

    Basic Materials

    0.86%
  • 49.

    Pine Labs Ltd

    Technology

    0.86%
  • 50.

    Clearing Corporation Of India Ltd

    0.82%
  • 51.

    Brigade Enterprises Ltd

    Real Estate

    0.79%
  • 52.

    Hindustan Zinc Ltd

    Basic Materials

    0.78%
  • 53.

    HCL Technologies Ltd

    Technology

    0.77%
  • 54.

    Minda Corp Ltd

    Consumer Cyclical

    0.76%
  • 55.

    Page Industries Ltd

    Consumer Cyclical

    0.75%
  • 56.

    Jubilant Ingrevia Ltd Ordinary Shares

    Basic Materials

    0.73%
  • 57.

    Bandhan Bank Ltd

    Financial Services

    0.73%
  • 58.

    Hindustan Copper Ltd

    Basic Materials

    0.72%
  • 59.

    Gujarat Fluorochemicals Ltd Ordinary Shares

    Basic Materials

    0.71%
  • 60.

    Tube Investments of India Ltd Ordinary Shares

    Industrials

    0.69%
  • 61.

    InterGlobe Aviation Ltd

    Industrials

    0.69%
  • 62.

    Bharat Forge Ltd

    Consumer Cyclical

    0.69%
  • 63.

    United Spirits Ltd

    Consumer Defensive

    0.69%
  • 64.

    Jubilant Foodworks Ltd

    Consumer Cyclical

    0.68%
  • 65.

    PI Industries Ltd

    Basic Materials

    0.68%
  • 66.

    HealthCare Global Enterprises Ltd

    Healthcare

    0.68%
  • 67.

    GE Vernova T&D India Ltd

    Industrials

    0.66%
  • 68.

    Mphasis Ltd

    Technology

    0.66%
  • 69.

    Anthem Biosciences Ltd

    Healthcare

    0.65%
  • 70.

    Chalet Hotels Ltd

    Consumer Cyclical

    0.64%
  • 71.

    Hindustan Aeronautics Ltd Ordinary Shares

    Industrials

    0.64%
  • 72.

    Corona Remedies Ltd

    Healthcare

    0.62%
  • 73.

    Sapphire Foods India Ltd

    Consumer Cyclical

    0.59%
  • 74.

    360 One Wam Ltd Ordinary Shares

    Financial Services

    0.55%
  • 75.

    Tech Mahindra Ltd

    Technology

    0.51%
  • 76.

    India (Republic of)

    0.48%
  • 77.

    SJS Enterprises Ltd

    Consumer Cyclical

    0.47%
  • 78.

    Info Edge (India) Ltd

    Communication Services

    0.39%
  • 79.

    Aditya Birla Real Estate Ltd

    Real Estate

    0.37%
  • 80.

    SBI Life Insurance Co Ltd

    Financial Services

    0.34%
  • 81.

    Swiggy Ltd

    Consumer Cyclical

    0.20%
  • 82.

    ITC Ltd

    -
  • 83.

    Infosys Ltd

    -
  • 84.

    HDFC Asset Management Co Ltd

    -
  • 85.

    India (Republic of)

    -
  • 86.

    AAVAS Financiers Ltd

    -

Sector allocation

  • Financial Services26.00%
  • Industrials17.39%
  • Basic Materials17.02%
  • Consumer Cyclical16.70%
  • Technology5.60%
  • Healthcare4.75%
  • Energy3.07%
  • Communication Services2.73%
  • Unclassified2.71%
  • Consumer Defensive1.56%
  • Utilities1.30%
  • Real Estate1.16%

Comparable peers

  • SBI Healthcare Opportunities Growth Direct Plan

    SBI Healthcare Opportunities (G) · ₹5.80 K Cr AUM

    1Y+22.13%
    3Y+24.61%
    -

  • Mirae Asset Healthcare Growth Direct Plan

    Mirae Healthcare (G) · ₹3.44 K Cr AUM

    1Y+20.35%
    3Y+23.20%
    -

  • UTI Healthcare Growth Direct Plan

    UTI Healthcare (G) · ₹1.44 K Cr AUM

    1Y+17.28%
    3Y+24.42%
    -

  • HDFC Transportation & Logistics Growth Direct Plan

    HDFC Transportation & Logistics (G) · ₹1.96 K Cr AUM

    1Y+9.79%
    3Y+25.46%
    -

  • Axis Business Cycles Growth Direct Plan

    Axis Business Cycles (G) · ₹2.13 K Cr AUM

    1Y+5.61%
    3Y+13.44%
    -

Investment 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.

Scheme details

Scheme code
151368
Fund house
Axis Mutual Fund
Category
Open Ended
Type
Equity Schemes
Sub-category
Sectoral/Thematic
Plan
Direct
Return type
Growth
ISIN (Growth)
INF846K016N4
ISIN (Div. Reinvest)
-
Tradable on exchange
No

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