AXIS BUSINESS CYCLES FUND

(An open ended equity scheme following business cycles based investing theme)
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JUNE 2024
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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.

DATE OF ALLOTMENT 22nd February 2023
MONTHLY AVERAGE2,776.70Cr.
AS ON 30th June, 20242,825.78Cr.
BENCHMARK Nifty 500 TRI
PORTFOLIO TURNOVER (1 YEAR) 1.02 times
FUND MANAGER
Mr. Ashish Naik Work experience: 16 years. He has been managing this fund since 22nd February 2023
Mr. Mayank Hyanki Work experience: 14 years. He has been managing this fund since 5th April 2024

Past performance may or may not be sustained in future. Different plans have different expense structure. Ashish Naik is managing the scheme since 22nd February 2023 and he manages 18 schemes of Axis Mutual Fund & Mayank Hyanki is managing the scheme since 5th April 2024 and he manages 6 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Entry Load : NA
Exit Load : If redeemed / switched-out within 12 months from the date of allotment - For 10% of investment: Nil.For remaining investment: 1%.If redeemed/switched out after 12 months from the date of allotment: Nil.



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