Axis Business Cycles Fund - Direct Plan - IDCW

Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF846K017N2

NAV · 06-Jul-2026

₹16.2900

+4.96%

+0.23%

1Y (CAGR)

+2.81%

3Y (CAGR)

+15.41%

5Y (CAGR)

—

Since inception (CAGR)

+18.24%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

14.79%

Downside dev (3y)

12.20%

Max drawdown (3y)

-19.3%

Sharpe (3y)

0.60

SIP XIRR (3y)

+8.88%

Calendar-year returns

2024 +21.2%2025 +4.5%

Fund facts

Fund managerAshish Naik

AUM₹20,582 Cr

Expense ratio0.91% · 2026-05-31

TER · AMFI officialDirect 1.48% · Regular 2.39% (2026-06-30)

Launch date02-Feb-2023

Plan typeOpen Ended · Equity

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility14.70

AMCAxis Asset Management Co. Ltd.

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 documents ↗