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 Harish Bihani, Abhishek Bisen. The fund could potentially beat inflation in the long-run.

1. Kotak Business Cycle Fund Direct Growth has ₹2849 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.6.
   

Kotak Business Cycle Fund Direct Growth has given a CAGR return of 20.91% since inception. Over the last 1 year the fund has given a CAGR return of 8.65%.

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

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.

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 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.