Kotak Business Cycle Fund · Regular · Growth
NAV
₹16.9030
as of 30 Sept 2026
Expense Ratio
2.05%
AUM
₹3,117 Cr
Lumpsum returns (CAGR)
- 1Y
- +4.28%
- 3Y
- +13.78%
- 5Y
- —
- Since Inception
- +14.00%
SIP returns (XIRR)
- 1Y
- +6.15%
- 3Y
- +9.16%
- 5Y
- —
- Since Inception
- +11.91%
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 ₹1,97,464 today — ₹1,75,000 invested, 8.4% XIRR.
₹1,75,000
Invested
₹1,97,464
Value today
8.4%
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 ₹1,47,354 today (13.8% 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 ₹1,19,608 today (1.20×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised0.65
Sharpe Ratio
+0.09
Alpha
0.26
Beta
0.65
Sortino
13.25%
Std Dev
-14.96%
Max Drawdown
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.
Related reading
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Fund Details
Available transactions
Portfolio holdings
- 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 · Regular · 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 · Regular · 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 2.05%.