myplexus

NFO Monitor

Fund Fact

Name of Funds:

Axis Business Cycle Fund

Opening:

2nd February 2023

Closing:

16th February 2023

Minimum Investment:

Rs. 5,000 and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if redeemed/switched out in excess of 10% of investment within 1 year.

Fund Stats

Objective:

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

Benchmark:

NIFTY 500

Fund Manager:

Ashish Naik, Hitesh Das

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Tata Business Cycle Fund	4.86(6M)	8.82(1Y)
Baroda BNP Paribas Business Cycle	-0.06(6M)	7.44(1Y)

Fund Prognosis

Idea Distiller

Business cycles affect every business. So buying into quality companies when their industry is going through a downturn will make a lot of sense. The fund intends to invest in such companies.

Fund House AAUM:
Rs.24892935.25 Lakhs (as on 31st December 2022)
Fund Manager:
Combined experience of above 14 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Business cycles are very difficult to predict and their upside and downsides don’t happen together. These are extremely varied. Leading to massive difficulties in making money for the investors. I am not one bit convinced with the segment. I will not buy.

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Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028