FAQ : Axis Business Cycles Fund - Regular Plan - Growth

Axis Business Cycles Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 41.26 N/A N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Axis Business Cycles Fund - Regular Plan - Growth is ₹14.68.

It is better to invest in a fund with a longer track record as Axis Business Cycles Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 - TRI returns, as Funds portfolio is significantly different.

Axis Business Cycles Fund - Regular Plan - Growth fund’s expense ratio is 1.95%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Business Cycles Fund - Regular Plan - Growth is currently ₹2,645 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and ICICI Bank and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 23% and 35% of fund’s portfolio respectively.

Top three sectors of Axis Business Cycles Fund - Regular Plan - Growth fund are BFSI, Auto and Construction & Infrastructure accounting for 50% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis Business Cycles Fund - Regular Plan - Growth Fund is Equity - Thematic Fund - Other.

Ashish Naik and Mayank Hyanki manage the Axis Business Cycles Fund - Regular Plan - Growth Fund.

Axis Business Cycles Fund - Regular Plan - Growth current PE ratio is 35.74 and PB ratio is 5.95

The asset allocation of Axis Business Cycles Fund - Regular Plan - Growth is Stocks : 97.67%, Debt : 1.36% and Gold : 0.97%

The minimum SIP amount for Axis Business Cycles Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹100.00

The exit load for Axis Business Cycles Fund - Regular Plan - Growth is Nil for 10% of investment and 1% for remaining investments on or before 12 months, Nil after 12 months

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