- AMC
- Axis Mutual Fund
- Category
- Thematic Fund
- ISIN
- INF846K016N4
Axis Business Cycles Fund
₹18.2300
+₹0.0900 (+0.50%)
NAV · Direct · Growth ·
Axis Business Cycles Fund's Direct Growth NAV was ₹18.2300 on 12 Nov 2026, up 0.50% on the day. Its 3-year return is 14.14% a year.
- Expense ratio
- 1.62%
- Fund size
- ₹2,127.20 Cr
- Min. investment
- ₹100
NAV history
Between 12 Nov 2025 and 12 Nov 2026, the NAV ranged from ₹15.1000 to ₹18.4200.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Category rank
- 1Y return
- #27of 53
- 3Y return (p.a.)
- #18of 29
Among Direct Growth plans of Thematic Funds by return, as of 12 Nov 2026.
All Thematic FundsFund details
- Expense ratio
- 1.62% (Direct)
- Exit load
- within 12 months: nil for 10% of investment, 1% for remaining; after 12 months: nil
- Riskometer
- Very high
- Benchmark
- Nifty 500 TRI
- Launched
- 2 Feb 2023
- Fund managers
- Ashish Naik
Fund size, expense ratio and minimums as of 1 Nov 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF846K016N4 | ₹18.2300 | +0.50% | 1.62% | +4.59% |
| Regular · Growth | INF846K019N8 | ₹17.3900 | +0.46% | 2.28% | +3.51% |
| Direct · IDCW | INF846K017N2 | ₹16.8100 | +0.48% | 1.62% | −3.50% |
| Regular · IDCW | INF846K010O5 | ₹16.0400 | +0.44% | 2.28% | −4.52% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Axis Business Cycles Fund moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Axis Business Cycles Fund is an open-ended mutual fund from Axis Mutual Fund, in the Thematic Fund category. It began on 2 Feb 2023. It is benchmarked to the Nifty 500 TRI. The fund manages ₹2,127.20 Cr across its plans as of 1 Nov 2026. The Direct · Growth plan has an expense ratio of 1.62%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Axis Business Cycles Fund?
The NAV of Axis Business Cycles Fund (Direct · Growth) was ₹18.2300 on 12 Nov 2026, up 0.50% from the previous NAV.
What plans does Axis Business Cycles Fund have?
Axis Business Cycles Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Axis Business Cycles Fund?
The Direct · Growth plan of Axis Business Cycles Fund has an expense ratio of 1.62%.
What is the fund size (AUM) of Axis Business Cycles Fund?
Axis Business Cycles Fund manages ₹2,127.20 Cr across all plans as of 1 Nov 2026.
What returns has Axis Business Cycles Fund delivered?
Axis Business Cycles Fund returned +4.59% over 1Y, +14.14% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Axis Business Cycles Fund?
Axis Business Cycles Fund: within 12 months: nil for 10% of investment, 1% for remaining; after 12 months: nil.
What is the minimum investment and SIP amount for Axis Business Cycles Fund?
The minimum first investment in Axis Business Cycles Fund is ₹100, and ₹100 after that. SIPs are available (SIP available Daily/Weekly/Monthly/Yearly. Min amount: Daily & Weekly Rs.100, Monthly Rs.100, Yearly Rs.12000. Min instalments: Daily/Weekly/Monthly - 6, Yearly - 3. Dates: All except 29, 30, 31.).
How risky is Axis Business Cycles Fund?
Axis Business Cycles Fund is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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