Which has the lower expense ratio, Axis Business Cycles Fund - Direct Plan - Growth or ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth?

Axis Business Cycles Fund - Direct Plan - Growth's expense ratio is 1.55% versus ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth's 0.35%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both Axis Business Cycles Fund - Direct Plan - Growth and ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

Axis Business Cycles Fund - Direct Plan - Growth vs ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth

Q: Axis Business Cycles Fund - Direct Plan - Growth vs ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth — which has given better returns?

Axis Business Cycles Fund - Direct Plan - Growth has a 1-year return of 4.34% versus ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth's 15.17%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

Axis Business Cycles Fund - Direct Plan - Growth

Axis Mutual Fund

★★★★★

Equity · Thematic

ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth

ICICI Prudential Mutual Fund

★★★★★

Equity · Thematic

Metric	Axis Business Cycles F...	ICICI Prudential Nifty...
NAV	₹17.39	₹22.2
Star Rating	★	★★★★★
Expense Ratio	1.55%	0.35%
AUM	₹2,088 Cr	₹222 Cr
1M Return	+4.92%	+4.11%
3M Return	+7.99%	+7.03%
6M Return	+3.39%	+3.28%
1Y Return	+4.34%	+15.17%
3Y CAGR	+15.28%	+21.35%
Risk Level	—	—
Fund Manager	Ashish Naik	Nishit Patel

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