NAV Growth

Growth of each fund's NAV over the selected period, rebased to 0%

Growth of each fund's NAV over the selected period, rebased to 0%

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Fund Details

Fund Details	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
Fund Type	Equity	Equity
Risk	Very High	Very High
Min SIP Amount	₹100	₹500
Min Lumpsum	₹100	₹1,000
Expense Ratio	1.65%	0.94%
NAV	₹18.14 (11 Nov 2026)	₹16.30 (11 Nov 2026)
Fund Size	₹1,962.17 Cr	₹1,224.22 Cr
Fund Started	22 Feb 2023	11 Sept 2023
Lock-in Period	No lock-in	No lock-in
Exit Load	If redeemed / switched-out within 12 months - For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil.	1%If Units are redeemed/switched-out upto 3 Months from the date of allotment Nil

Returns	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
1M	4.60%	5.42%
3M	-1.05%	-3.51%
6M	3.88%	-0.71%
1Y	4.48%	3.58%
3Y	13.62%	17.57%
5Y	—	—
Since Inception	17.07%	16.44%

Trailing risk-adjusted performance measures

Risk Ratio	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
Alpha	1.77	4.85
Beta	1.02	1.04
Sharpe	0.43	0.60
Standard Deviation	4.71	4.91

Holding Analysis	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
Top 5 Holdings	18.25%	16.79%
Top 10 Holdings	30.88%	29.00%
Portfolio Turnover	1.08	0.91
Equity	96.92%	99.20%
Debt	2.22%	0.16%
Cash	—	—

Name	Assets
Larsen & Toubro LtdEquity	4.06%
ICICI Bank LtdEquity	3.95%
Axis Bank LtdEquity	3.72%
HDFC Bank LtdEquity	3.39%
Kotak Mahindra Bank...Equity	3.13%
Bharti Airtel LtdEquity	2.88%
Grasim Industries LtdEquity	2.70%
PTC Industries LtdEquity	2.49%
HCL Technologies LtdEquity	2.35%
Reliance Industries...Equity	2.21%

Name	Assets
Reliance Industries...Equity

Fund Manager	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
Name	,

About	AXIS Business Cycles Fund - Direct (G)	Mahindra Manulife Business Cycle Fund - Dir (G)
AMC	Axis Mutual Fund	Mahindra Manulife Mutual Fund
Scheme Category	Thematic Fund	Thematic Fund
Benchmark	Nifty 500 TRI	Nifty 500 TRI
Launch Date	02 Feb 2023	21 Aug 2023