The scheme seeks to provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Mayank Hyanki
Mr. Hyanki has done B.Tech and PGDM, Finance
Prior to joining Axis Mutual Fund, he has worked with Reliance, Birla Sun Life Asset Management Company Ltd and ING Investment Management (I) Pvt Ltd
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Business Cycles Fund is ₹16.45 as of 2026-10-12.
Axis Business Cycles Fund is classified as a Thematic-Business Cycle fund.
Axis Business Cycles Fund is managed by Axis Mutual Fund.
The Assets Under Management (AUM) of Axis Business Cycles Fund is ₹2,023 Cr.
The expense ratio of Axis Business Cycles Fund is 2.37%.
Axis Business Cycles Fund is managed by Mayank Hyanki.
The minimum SIP investment for Axis Business Cycles Fund is ₹100.
The exit load for Axis Business Cycles Fund is 1%.
As per the SEBI Riskometer, Axis Business Cycles Fund carries a Very High risk level.
Axis Business Cycles Fund has delivered -0.9% (1Y), 10.71% (3Y) and 0% (5Y) annualised returns as of 2026-10-12.
Axis Business Cycles Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
