Kotak Business Cycle Fund Direct Growth

Kotak Business Cycle Fund Direct Growth

NAV as on 29-04-2025

₹ 15.56

0.8%

1D

Inception Returns

18.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
414 people have invested ₹ 24.6L in Kotak Business Cycle Fund Direct Growth in the last three months

About Kotak Business Cycle Fund Direct Growth

Kotak Business Cycle Fund Direct Growth is an equity fund. This fund was started on 28 September, 2022. The fund is managed by Abhishek Bisen. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Kotak Business Cycle Fund Direct Growth has ₹2493 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Kotak Business Cycle Fund Direct Growth has given a CAGR return of 18.70% since inception. Over the last 1 year the fund has given a CAGR return of 14.05%.

Holdings

Kotak Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Industrial, Consumer Defensive, Basic Materials, Real Estate, Communication, Tech, Energy, Utilities. Its top holdings are ICICI Bank Ltd, Bharti Hexacom Ltd, Axis Bank Ltd, Aster DM Healthcare Ltd Ordinary Shares, HDFC Bank Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Kotak Business Cycle Fund Direct Growth

The scheme shall seek to generate 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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Business Cycle Fund Direct Growth has no lock in period.

Kotak Business Cycle Fund Direct Growth Overview

Expense ratio0.63%
Benchmark
Nifty 500 TR INR
AUM₹2493 Cr
Inception Date28 September, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
24.86%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (29-Apr-25)

Period
Kotak Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
4.1%
4.5%
-
3M
4.3%
3.2%
-
6M
-2.1%
-2.6%
-
1Y
14.1%
7.7%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 97%

  • Debt & Cash 3%

Large cap
47.7%

Small cap
25.9%

Mid cap
23.5%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
21.2%
Health
16.1%
Consumer Cyclical
15.9%
Industrial
12.5%
Consumer Defensive
9.2%
Basic Materials
8.5%
Real Estate
5.3%
Communication
4.2%
Tech
3.4%
Energy
2%
Utilities
1.6%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
6.62%
-9.70%
-4.75%
Nifty 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 6.62% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
  • This fund underperformed Nifty 500 by 0.63% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 2.5K Cr
₹ 2.3K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 2.5K Cr as of Mar'25
  • AUM increased by 167.4 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.04% to 2.78%
Krishna Institute of Medical Sciences Ltd's allocation increased from 2.04% to 2.78%
Godrej Consumer Products Ltd's allocation increased from 2.39% to 3.03%
Godrej Consumer Products Ltd's allocation increased from 2.39% to 3.03%
Aster DM Healthcare Ltd Ordinary Shares's allocation increased from 3.01% to 3.37%
Aster DM Healthcare Ltd Ordinary Shares's allocation increased from 3.01% to 3.37%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 3.13 % to 3.08 %
HDFC Bank Ltd's allocation decreased from 3.13 % to 3.08 %
Vishal Mega Mart Ltd's allocation decreased from 2.76 % to 2.68 %
Vishal Mega Mart Ltd's allocation decreased from 2.76 % to 2.68 %
Mahindra & Mahindra Ltd's allocation decreased from 2.56 % to 2.46 %
Mahindra & Mahindra Ltd's allocation decreased from 2.56 % to 2.46 %
Mid Cap allocation has gone down from 23.6% to 23.5%
Mid Cap allocation has gone down from 23.6% to 23.5%
Large Cap allocation has gone down from 48% to 47.7%
Large Cap allocation has gone down from 48% to 47.7%
Small Cap allocation has gone up from 25.8% to 25.9%
Small Cap allocation has gone up from 25.8% to 25.9%
Cash allocation has gone up from 1.3% to 3%
Cash allocation has gone up from 1.3% to 3%

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Health

Mar'25
Financial Services
21%
Health
16%
Consumer Cyclical
16%
Feb'25
Financial Services
22%
Consumer Cyclical
17%
Health
15%
  • Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
5.25%
0%
Bharti Hexacom Ltd
Bharti Hexacom Ltd
4.07%
0%
Axis Bank Ltd
Axis Bank Ltd
3.56%
0%
Aster DM Healthcare Ltd Ordinary Shares
Aster DM Healthcare Ltd Ordinary Shares
3.37%
0%
HDFC Bank Ltd
HDFC Bank Ltd
3.08%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Kotak Business Cycle Fund Direct Growth
Kotak Business Cycle Fund Direct Growth
14.05%
-
-
18.7%
Sundaram Services Direct Growth
Sundaram Services Direct Growth
17.91%
19%
29.6%
21.5%
ICICI Prudential India Opportunities Fund Direct Growth
ICICI Prudential India Opportunities Fund Direct Growth
15.43%
24.31%
35.97%
23.21%
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
11.51%
22.27%
-
23.18%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
54
55
55
Top 5 Company Concentration
19.3%
18.6%
17.7%
Company having highest exposure
ICICI Bank Ltd (5.2%)
ICICI Bank Ltd (5%)
ICICI Bank Ltd (5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75%
74.9%
74.7%
Sector having highest exposure
Financial Services (21.2%)
Financial Services (22.3%)
Financial Services (20.6%)
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Abhishek Bisen
Abhishek Bisen
Fund Manager of Kotak Business Cycle Fund Direct Growth, since 28 September 2022
Top funds managed
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Kotak Business Cycle Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.7% since inception which is more than its category average return of 9.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.03% in Equity, 0% in Debt and 2.97% in Cash related instruments
AUM size ₹2493 Cr

AUM size ₹2493 Cr

This fund has AUM of ₹2493 Cr which is more than its category average of ₹ 2034 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.31%

Frequently Asked Questions for Kotak Business Cycle Fund Direct Growth

The current NAV of Kotak Business Cycle Fund Direct Growth is ₹15.56 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Kotak Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.1%
4.1%
6 Month Returns
-2.05%
-2.05%
1 Year Returns
14.05%
14.05%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.63% as on March 2025
₹2493 Cr as on March 2025
ICICI Bank Ltd(5.25%), Bharti Hexacom Ltd(4.07%), Axis Bank Ltd(3.56%), Aster DM Healthcare Ltd Ordinary Shares(3.37%), HDFC Bank Ltd(3.08%) as on March 2025
Financial Services(20.61%), Health(15.61%), Consumer Cyclical(15.41%) as on March 2025
The alpha ratio for the Kotak Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Kotak Business Cycle Fund Direct Growth
6.79
-
-
As on March 2025
The alpha for Kotak Business Cycle Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Kotak Business Cycle Fund Direct Growth
1.08
-
-
As on March 2025
The Beta for Kotak Business Cycle Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Kotak Business Cycle Fund Direct Growth
0.41
-
-
As on March 2025
The sharpe ratio for Kotak Business Cycle Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Kotak Business Cycle Fund Direct Growth
18.56
-
-
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Abhishek Bisen is the fund manager of Kotak Business Cycle Fund Direct Growth
The Exit load of Kotak Business Cycle Fund Direct Growth is 0.5%