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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 202616.73
CategorySectoral / Thematic
PlanDirect · Idcw
Launched2 Feb 2023
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 500 TRI
Expense ratiodirect plan, a year1.59%
AUM₹0.48 Cr
Growth of ₹10,000₹16,69727 Feb 2023 to 2 Sep 2026
₹17,585₹15,646₹13,707₹11,768₹9,830Feb 2023Jan 2024Dec 2024Oct 2025Sep 2026
₹16,697 (+15.7% a year) Axis Business Cycles Fund

Performance (trailing, annualised)

1Y annualised-0.89%
3Y annualised11.33%

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 ₹1,18,739-1.94%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,85,3564.47%

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

Calendar years

Calendar 202421.16%
Calendar 20254.47%

Rolling returns

Rolling 1Y · average130 windows since 28 Feb 202416.23%
Rolling 1Y · median7.89%
Rolling 1Y · worst window-4.88%
Rolling 1Y · best window45.88%
Rolling 1Y · windows positive85%
Rolling 3Y · average27 windows since 27 Feb 202615.01%
Rolling 3Y · median15.39%
Rolling 3Y · worst window11.32%
Rolling 3Y · best window19.50%
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)15.51%
Downside deviation (3Y)11.71%
Maximum drawdown-19.26%

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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