Axis Business Cycles Fund Direct Growth

Axis Business Cycles Fund Direct Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Ashish Naik is the Current Fund Manager of Axis Business Cycles Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,86,670 Cr and the Latest NAV as of 13 May 2024 is ₹14.62. The Axis Business Cycles Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

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. ;