Fundalysisby DARKHORSESTOCKS

Scheme

Axis Business Cycles Fund

Holds 85 companies worth ₹1,950 Cr in Sept 2026.

  • Fund house

    AxisThe fund house that runs this scheme.

  • AUM

    ₹2,041 CrAxis Business Cycles Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.0% on Aug 2026, ₹2,171 Cr.

  • Largest holding

    Larsen and ToubroLarsen and Toubro is 3.8% of this scheme's NAV.

  • Fund manager

    Ashish NaikRuns it since 22 Feb 2023, as the fund house dates it.

AUM(Mar 2023 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20262,041−6.0%
Aug 20262,171+2.7%
Jul 20262,114+1.5%
Jun 20262,083−0.4%
May 20262,091+0.5%
Apr 20262,079+11.4%
Mar 20261,867−14.3%
Feb 20262,178+1.3%
Jan 20262,151−2.1%
Dec 20252,197−3.3%
Nov 20252,273−1.8%
Oct 20252,313+2.5%
AUM at month end, Sept 2026
₹2,041 Cr
−11.8% since Oct 2025
Fig. 1.AUM at each month's end, ₹ crore; under All, the quarterly average since 2010. Source: AMFI.

Direct plans(Mar 2023 – Sept 2026)

Direct plans' share of AUM each quarter, and its change on the quarter before
4 quartersShareChange
Sept 20264.69%+0.09 pt
Jun 20264.60%+0.13 pt
Mar 20264.47%+0.19 pt
Dec 20254.28%+0.20 pt
Direct plans' share of AUM, Sept 2026
4.69%
+0.41 pt since Dec 2025
Fig. 2.Axis Business Cycles Fund's quarterly average AUM in direct plans, which pay no distributor; changes in points. Source: AMFI.

Returns(9 Oct 2026)

Growth · Direct and Regular plans

To 9 Oct 2026; past a year, a yearly rate. Benchmark: Nifty 500 TRI. * From NAVs. Source: AMFI. Click a column's header to sort by it.
1 month *
−5.03%−5.10%––−4.25%
3 months *
−1.83%−2.03%––−2.83%
6 months *
+5.66%+5.20%––+6.17%
1 year
−0.06%−1.09%−5.06%+5.00 pt−0.06%
3 years
+12.64%+11.25%+9.52%+3.13 pt+15.80%
Since launch
+16.06%+14.58%+12.65%+3.41 pt+13.93%
Fig. 3.To 9 Oct 2026; past a year, a yearly rate. Benchmark: Nifty 500 TRI. * From NAVs. Source: AMFI.