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Axis Mutual Fund

Axis Business Cycles Fund - Regular Plan - IDCW

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 50/100 · Average

How this score is calculated

  • Star rating (35%)1/5
  • 3Y CAGR (30%)13.46%
  • Expense ratio (20%)1.59%
  • AUM (15%)₹2,126 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Axis Mutual Fund · Equity · Thematic

₹18.08

+2.15 (+13.5%)

AUM: ₹2,125 Cr

NAV updated 17 days ago

Plan

Regular

Option

Idcw

Risk

Very High

Expense Ratio

1.59%

Exit Load

Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

Fund Manager

Ashish Naik

Inception

Feb 2023

Benchmark

NIFTY 500 Total Return Index

Sharpe Ratio

-0.51

Std Dev (1Y)

16.68%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-0.39%

3m

+8.26%

6m

+11.67%

1y

+6.1%

3y

+13.46%

5y

—

10y

—

since inception

+14.03%

TopFund's Take on Axis Business Cycles Fund - Regular Plan - IDCW

Axis Business Cycles Fund - Regular Plan - IDCW sits in the middle of the pack for Thematic funds, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 50/100.

Cost: At 1.59%, the expense ratio runs 61% above the Thematic category average of 0.99%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.51 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.68% is fairly typical for Thematic funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 96.51%
CBLO 1.71%
Net Receivables 1.31%
Treasury Bills 0.47%
Index Derivatives 0.01%

Frequently Asked Questions about Axis Business Cycles Fund - Regular Plan - IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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