Kotak Business Cycle Fund · Direct · Growth
NAV
₹17.9420
as of 30 Sept 2026
Expense Ratio
0.77%
AUM
₹3,117 Cr
Lumpsum returns (CAGR)
- 1Y
- +5.65%
- 3Y
- +15.40%
- 5Y
- —
- Since Inception
- +15.71%
SIP returns (XIRR)
- 1Y
- +7.53%
- 3Y
- +10.68%
- 5Y
- —
- Since Inception
- +13.54%
Returns calculated from 28 September 2022 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.
What history actually did — last 3 years (Oct 2023 – Sept 2026)
A ₹5,000 monthly SIP for the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹2,01,686 today — ₹1,75,000 invested, 9.9% XIRR.
₹1,75,000
Invested
₹2,01,686
Value today
9.9%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 3 years (Oct 2023 – Sept 2026)
Real NAV backtest
₹1,00,000 invested 3 years ago would be ₹1,53,679 today (15.4% CAGR).
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 3 years (Oct 2023 – Sept 2026) (3 Jun 2024) would be ₹1,23,482 today (1.24×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Banks16.56%
- Retailing10.27%
- Healthcare Services9.93%
- Industrial Manufacturing8.18%
- Automobiles5.49%
- Capital Markets5.07%
- IT - Software4.35%
- Insurance3.81%
- Finance3.77%
- Power3.58%
- Realty2.99%
- Consumer Durables2.94%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
Portfolio holdings
portfolio shared with Kotak Business Cycle Fund-Regular Plan--Growth
- 1Icici Bank Ltd.8.23%
- 2Aditya Infotech Limited5.17%
- 3Eternal Limited4.04%
- 4Axis Bank Ltd.3.78%
- 5Aster Dm Healthcare Ltd3.56%
- 6Vijaya Diagnostic Centre Pvt3.19%
- 7Krishna Institute Of Medical3.18%
- 8Indo-Mim Ltd3.01%
- 9Bharti Hexacom Ltd.2.78%
- 10Shriram Finance Limited2.72%
What this fund does
Kotak Business Cycle Fund · Direct · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.
About This Fund
Kotak Business Cycle Fund · Direct · Growth is a Sectoral / Thematic mutual fund offered by Kotak Mahindra Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹3,117 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty 500 Total Return Index. The current expense ratio is 0.77%.