Axis Business Cycles Fund

Sectoral / ThematicEquityVery High risk Rank 91 of 164

NAV · Direct-Growth

₹17.42-0.07-0.40%

As of 7 Oct 2026 · AMFI

NAV growth+1.3%

Oct ’25Oct ’26

Arthkar verdictA balanced read

Returns

Lags category

0 of 2 periods ahead

Cost

Average

0.91% vs 0.83% peers

Consistency

Strong

positive in 3 of 3 years

Trails its Sectoral / Thematic category on 1Y & 3Y.

1Y return

+1.3%

-1.9 vs cat

3Y CAGR

+12.8%

-1.3 vs cat

5Y CAGR

—

AUM

₹2.1K Cr

fund size

Expense

0.91%

direct plan

Volatility 3Y

16.2%

3Y std dev

Go deeper on Axis Business Cycles Fund

Two data-only views, computed from this fund's real NAV history — no projections.

Axis Business Cycles Fund SIP returnsWhat ₹1,000–₹25,000/month actually became, 3 to 20 years — real results, with drawdowns and an FD comparison.Axis Business Cycles Fund real oddsYour real chances over every start date in history — how often it made money and beat a fixed deposit.

In plain English

Axis Business Cycles Fund is a Sectoral / Thematic scheme from Axis. The portfolio is ~97% in equities. 3-year CAGR: about 12.8%. Volatility is typical for equity — 20–30 % drawdowns happen during market stress. Worst historical drawdown: -19% in Feb 2025, recovered in 16 months. Wrong fit if you need this money in less than 7 years.

Auto-generated from holdings, returns and risk data. No paid placement, no copy-pasted boilerplate.

NAV history

Showing Direct · Growth · INF846K016N4

NAV (Direct-Growth)

₹17.4200

Last 1Y

+1.28%

Oct 25Min ₹15.10 · Max ₹18.42 · 251 ptsOct 26

Drawdown stories

The crashes you should know about — and how long the fund took to recover.

Feb 2025

-19.3%

Peak ₹17.66 on 24 Sept 2024 → trough ₹14.26 on 28 Feb 2025 (5 months down).

Recovered in 16 months· 6 Jul 2026

Computed from the full NAV history. We show drawdowns deeper than 10%, sorted by depth.

Honesty score

A 1–5 grade on the dimensions other sites won't surface — expense bloat, AUM bloat, concentration, mandate compliance.

Honesty score

5 / 5

Solid scheme on the dimensions we check. No red flags.

Expense ratio
0.91% — typical for category.
AUM size
₹2.1K Cr.
Sector concentration
Top 3 sectors = 55.2% — diversified across sectors.

Computed from expense ratio, AUM, sector concentration and SEBI mandate compliance. No paid review.

Performance

Returns for various periods, with category average and peer rank.

Period	Returns	Category avg	Rank
1W	+0.06%	+0.13%	147/ 291
1M	-4.29%	-3.58%	174/ 289
3M	-1.14%	-1.90%	108/ 286
6M	+11.10%	+11.04%	124/ 286
YTD	+0.69%	+1.59%	121/ 273
1Y	+1.28%	+3.23%	129/ 261
2Y	+2.10%	+2.74%	108/ 211
3Y	+12.76%	+14.02%	91/ 164

Portfolio composition

Asset allocation

Equity96.70%
Cash3.30%

By market cap

Large cap50.57%
Mid cap23.28%
Small cap19.56%
Others6.59%

Concentration

Holdings

Avg market cap

₹1.22 L Cr

Top 10 stocks

29.16%

Top 5 stocks

16.83%

Top 3 sectors

55.23%

Top holdings

Top 15 positions by weight, latest disclosure.

#InstrumentSectorWeight

1
ICICI Bank Ltd
—4.09%
1
ICICI Bank Ltd
—4.09%
2
Larsen & Toubro Ltd
—3.57%
2
Larsen & Toubro Ltd
—3.57%
3
Axis Bank Ltd
—3.52%
3
Axis Bank Ltd
—3.52%
4
UltraTech Cement Ltd
—2.83%
4
UltraTech Cement Ltd
—2.83%
5
HDFC Bank Ltd
—2.82%
5
HDFC Bank Ltd
—2.82%
7
Kotak Mahindra Bank Ltd
—2.66%
7
Kotak Mahindra Bank Ltd
—2.66%
8
Reliance Industries Ltd
—2.55%
8
Reliance Industries Ltd
—2.55%
9
NTPC Ltd
—2.47%

Fundamentals (vs category)

Portfolio-weighted ratios, compared with the category average.

MetricFundCategory avgDiff

P/E ratio30.0528.47+1.58
P/B ratio3.404.25-0.85
Price / Sales3.343.21+0.13
Price / Cash Flow19.7219.97-0.25
Dividend yield0.79%1.23%-0.44
Return on equity (ROE)14.93%18.47%-3.54

Risk metrics

Standard deviation, Sharpe, Sortino, Beta — all vs category average.

Metric1Y3Y5YCat 1YCat 3YCat 5Y

Standard deviation
Volatility — lower means steadier returns.
16.2815.85————
Sharpe ratio
Risk-adjusted return — higher is better.
-0.200.57————
Sortino ratio
Like Sharpe but only counts downside volatility.
-0.280.84————
Beta
1 = moves with the market. <1 = less volatile.
——————

Peers in Sectoral / Thematic

Other schemes in the same SEBI category, ranked by AUM.

Peer fundAUM1Y3Y CAGRExpense

Peers in same SEBI category, ranked by AUM. Compare any →

Available plans & options

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