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OmniAsset › Mutual funds › Axis Business Cycles Fund

Axis Business Cycles Fund

Sectoral / Thematic fund benchmarked to Nifty 500 TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202617.34
CategorySectoral / Thematic
PlanRegular · Growth
Launched2 Feb 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year2.26%
AUM₹1,955 Cr
Growth of ₹10,000₹17,30527 Feb 2023 to 2 Sep 2026
₹17,555₹15,621₹13,687₹11,753₹9,820Feb 2023Jan 2024Dec 2024Oct 2025Sep 2026
₹17,305 (+16.9% a year) Axis Business Cycles Fund

Performance (trailing, annualised)

1Y annualised6.25%
3Y annualised12.95%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,27,19611.26%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,09,0878.48%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202419.56%
Calendar 20253.10%

Rolling returns

Rolling 1Y · average130 windows since 28 Feb 202415.27%
Rolling 1Y · median6.98%
Rolling 1Y · worst window-5.04%
Rolling 1Y · best window43.90%
Rolling 1Y · windows positive86%
Rolling 3Y · average27 windows since 27 Feb 202614.53%
Rolling 3Y · median14.21%
Rolling 3Y · worst window12.44%
Rolling 3Y · best window17.89%
Rolling 3Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)14.86%
Downside deviation (3Y)10.90%
Maximum drawdown-19.64%

Management

Fund managerMr. Ashish Naik
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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