Kotak Business Cycle Fund Direct - IDCW
Unrated
NAV as of Jan 03, 2025
16.700.38%
(Earn upto 1.43% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.52%(0.65% Category
average)Fund Size:
Rs. 2,675.73 Cr(1.37% of Investment in Category)
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Kotak Business Cycle Fund Direct - IDCW
Unrated
NAV as of Jan 03, 2025
16.700.38%
Expense Ratio:
0.52%
Fund Size:
Rs. 2,675.73 Cr
Fund Category:
Equity: Thematic
Kotak Business Cycle Fund Direct - IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Kotak Business Cycle Fund - Direct Plan as of Jan 03, 2025 is Rs 16.70 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 30.55% (1yr) and 24.44% (since launch). Whereas, Category returns for the same time duration are: 21.54928998957333% (1yr), 17.862933154434213% (3yr) and 21.445064637566777% (5yr).
3. Fund Size: The Kotak Business Cycle Fund - Direct Plan currently holds Assets under Management worth of Rs 2675.7333 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.52% for Direct plan as on Nov 30, 2024.
5. Exit Load: Kotak Business Cycle Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Kotak Business Cycle Fund - Direct Plan as of Jan 03, 2025 is Rs 16.70 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 30.55% (1yr) and 24.44% (since launch). Whereas, Category returns for the same time duration are: 21.54928998957333% (1yr), 17.862933154434213% (3yr) and 21.445064637566777% (5yr).
3. Fund Size: The Kotak Business Cycle Fund - Direct Plan currently holds Assets under Management worth of Rs 2675.7333 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.52% for Direct plan as on Nov 30, 2024.
5. Exit Load: Kotak Business Cycle Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 1 year."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Kotak Business Cycle Fund Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.31 0.35 7.85 33.01 - - Category Avg -0.75 -4.16 -0.94 23.47 17.55 22.16 Rank within Category 16 19 9 9 - - No. of funds within Category 104 98 79 61 29 17 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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Kotak Business Cycle Fund Direct - IDCW Fund Details
Investment Objective - The scheme seeks 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.
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | Sep 28, 2022 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 25.37% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Kotak Business Cycle Fund Direct - IDCW Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load 0.5% for redemption within 90 Days | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 54 | 52 | 52 | 51 | 50 | 53 |
| Top 5 Company Holdings | 18.15% | 18.17% | 18.55% | 18.74% | 19.32% | 19.96% |
| Top 10 Company Holdings | 31.87% | 32.05% | 32.63% | 32.95% | 33.45% | 33.47% |
| Company with Highest Exposure | ICICI Bank (4.96%) | ICICI Bank (4.99%) | ICICI Bank (4.61%) | ICICI Bank (4.62%) | ICICI Bank (4.88%) | ICICI Bank (4.95%) |
| Number of Sectors | 14 | 14 | 14 | 14 | 14 | 14 |
| Top 3 Sector Holdings | 39.89% | 38.95% | 37.35% | 39.15% | 38.02% | 41.62% |
| Top 5 Sector Holdings | 56.72% | 55.23% | 54.43% | 55.13% | 52.01% | 57.13% |
| Sector with Highest Exposure | Financial (16.45%) | Financial (17.13%) | Financial (16.7%) | Financial (16.93%) | Financial (18.64%) | Financial (20.69%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 4.61 18.41 68.72 28.15 Bharti Hexacom Communication 4.37 - - - Axis Bank Financial 3.3 12.02 90.29 -3.43 Maruti Suzuki India Automobile 3.18 26.76 445.97 19.16 Zomato Services 3.09 - - - Brigade Enterprises Construction 2.98 65.58 19.75 40.33 HDFC Bank Financial 2.98 19.24 90.93 3.45 Sun Pharmaceutical Industries Healthcare 2.74 40.15 46.07 40.88 Infosys Technology 2.7 29.87 64.90 28.16 Bharat Forge Automobile 2.68 65.44 19.81 2.80
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Kotak Business Cycle Fund Direct - IDCW 16.70 Unrated 2,675.73 1.31 33.01 - - Edelweiss Nifty 100 Quality 30 Index Fund Direct - IDCW 14.30 139.67 -2.18 13.80 13.34 - DSP Quant Fund Direct-IDCW 20.07 Unrated 1,066.13 -1.39 13.81 7.69 15.32 Motilal Oswal Business Cycle Fund Direct-IDCW 13.11 Unrated 1,352.84 3.93 - - - Kotak Manufacture in India Fund Direct - IDCW 19.52 Unrated 2,452.64 0.35 30.20 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- A.B.Abhishek BisenSince Sep 202237 schemes
- H.B.Harish BihaniSince Oct 20232 schemes
Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Mr. Bihani has done MBA in Finance Prior to joining Kotak Mutual Fund, he has worked with ICICI Prudential Mutual Fund, SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Kotak Small Cap Fund Direct-IDCW Small Cap 142.87 17,732.03 28.25 Kotak Pioneer Fund Direct-IDCW Thematic 33.20 Unrated 2,693.59 33.28
More Kotak Mahindra Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Kotak Equity Arbitrage Fund Direct-Growth | 54,915.38 | 0.74 | 2.06 | 3.84 | 8.43 | 7.20 | |
| Kotak Emerging Equity Fund Direct-Growth | 52,048.91 | 1.63 | -1.44 | 5.77 | 35.63 | 24.25 | |
| Kotak Flexicap Fund Direct-Growth | 51,275.67 | -1.22 | -5.89 | -1.93 | 17.82 | 16.07 | |
| Kotak Liquid Direct - Growth | 34,539.06 | 0.59 | 1.75 | 3.57 | 7.42 | 6.45 | |
| Kotak Money Market Fund Direct-Growth | 29,774.43 | 0.63 | 1.81 | 3.73 | 7.80 | 6.73 | |
| Kotak Equity Opportunities Fund Direct-Growth | 25,648.50 | -0.18 | -5.04 | 0.41 | 25.76 | 21.29 | |
| Kotak Small Cap Fund Direct-Growth | 17,732.03 | 0.80 | -4.03 | 4.49 | 27.83 | 19.85 | |
| Kotak Balanced Advantage Fund Direct - Growth | 16,958.81 | 0.21 | -1.76 | 4.09 | 15.99 | 12.69 | |
| Kotak Bond Short Term Fund Direct-Growth | 16,672.97 | 0.53 | 1.59 | 4.32 | 8.53 | 6.55 | |
| Kotak Multicap Fund Direct - Growth | 15,816.46 | 0.04 | -5.13 | 3.33 | 28.18 | 26.95 |
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About Kotak Business Cycle Fund Direct - IDCW
1. Kotak Business Cycle Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Sep 28, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.64% in equities, 0.0% in debts and 1.36% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 32.63% of the assets, the top 3 sectors constitute around 39.89% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Business Cycle Fund Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Kotak Business Cycle Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to Kotak Mahindra Mutual Fund House.
2. The fund was launched on Sep 28, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks 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. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.64% in equities, 0.0% in debts and 1.36% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 32.63% of the assets, the top 3 sectors constitute around 39.89% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Kotak Business Cycle Fund Direct - IDCW
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Kotak Business Cycle Fund Direct - IDCW
- Is it safe to invest in Kotak Business Cycle Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Kotak Business Cycle Fund - Direct Plan comes under Very High risk category.
- What is the category of Kotak Business Cycle Fund - Direct Plan?Kotak Business Cycle Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in Kotak Business Cycle Fund - Direct Plan?The suggested investment horizon of investing into Kotak Business Cycle Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Kotak Business Cycle Fund - Direct Plan?The Kotak Business Cycle Fund - Direct Plan is managed by Abhishek Bisen (Since Sep 07, 2022) and Harish Bihani (Since Oct 20, 2023).
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