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)	Union Business Cycle Fund - Direct (G)
Fund Type	Equity	Equity
Risk	Very High	Very High
Min SIP Amount	₹100	₹100
Min Lumpsum	₹100	₹1,000
Expense Ratio	1.65%	1.81%
NAV	₹18.14 (11 Nov 2026)	₹12.45 (11 Nov 2026)
Fund Size	₹1,962.17 Cr	₹471.61 Cr
Fund Started	22 Feb 2023	05 Mar 2024
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 on or before completion of 1 year from the date of allotment

Returns	AXIS Business Cycles Fund - Direct (G)	Union Business Cycle Fund - Direct (G)
1M	4.60%	6.29%
3M	-1.05%	0.49%
6M	3.88%	3.96%
1Y	4.48%	6.02%
3Y	13.62%	—
5Y	—	—
Since Inception	17.07%	8.12%

Trailing risk-adjusted performance measures

Risk Ratio	AXIS Business Cycles Fund - Direct (G)	Union Business Cycle Fund - Direct (G)
Alpha	1.77	0.91
Beta	1.02	0.97
Sharpe	0.43	0.02
Standard Deviation	4.71	4.64

Holding Analysis	AXIS Business Cycles Fund - Direct (G)	Union Business Cycle Fund - Direct (G)
Top 5 Holdings	18.25%	20.89%
Top 10 Holdings	30.88%	33.59%
Portfolio Turnover	1.08	1.50
Equity	96.92%	96.19%
Debt	2.22%	4.20%
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
ICICI Bank LtdEquity

Fund Manager	AXIS Business Cycles Fund - Direct (G)	Union Business Cycle Fund - Direct (G)
Name	,

About	AXIS Business Cycles Fund - Direct (G)	Union Business Cycle Fund - Direct (G)
AMC	Axis Mutual Fund	Union Mutual Fund
Scheme Category	Thematic Fund	Thematic Fund
Benchmark	Nifty 500 TRI	Nifty 500 TRI
Launch Date	02 Feb 2023	13 Feb 2024