Axis Mutual FundThematic (Broad)Direct plan, growth

Axis Business Cycles Fund

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NAV: ₹18.05; —11 Sept 2026
AUM (₹ Cr): 2,056; Average, April - June 2026
Expense ratio: 1.59%; Regular 2.36%
Risk: Very High; SEBI riskometer

1Y return: 5.7%+5.3%; Benchmark 0.4%
3Y CAGR: 13.0%+2.5%; Benchmark 10.5%
5Y CAGR: —; Category 11.7%

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Axis Business Cycles Fund

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily NAVs. Risk-free rate 6.5% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
Fund	-1.0%	+7.0%	+15.6%	+4.3%	+5.7%	+13.0%	—	—	+18.1%
Nifty 500 TRI	—	—	—	—	0.4%	10.5%	—	—	14.5%
Thematic (Broad) average	-1.8%	5.3%	14.7%	3.4%	5.8%	12.3%	11.7%	13.0%	10.6%
Difference	—	—	—	—	+5.3%	+2.5%	—	—	+3.6%

Portfolio

Fund details

Fund house: Axis Mutual Fund
Category: Equity · Thematic (Broad)
SEBI classification: Equity / Sectoral / Thematic
Benchmark: Nifty 500 TRI
Launch date: 27 Feb 2023 (3.5 years)
Structure: Open Ended
Plans and options: Direct Growth, Regular Growth
Fund manager: Ashish Naik
Minimum SIP: ₹100
Minimum lumpsum: ₹100 (then ₹100)
Exit load: 1.00%
Lock-in: None
Riskometer: Very High (benchmark Very High)
Expense ratio as of: 9 Sept 2026
AUM period: April - June 2026
ISIN, Direct Growth: INF846K016N4
ISIN, Regular Growth: INF846K019N8
Scheme code: 151368, 151366

NAV and returns as of 11 Sept 2026; returns are for the direct plan, growth option, before entry or exit costs. Not investment advice.

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