Kotak Business Cycle Fund Direct Growth

Fund Overview

Fund Size

₹2,687 Cr

Expense Ratio

0.45%

ISIN

INF174KA1JN6

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

28 Sep 2022

About this fund

Kotak Business Cycle Fund Direct Growth is a Equity - Other mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 1 years, 11 months and 10 days, having been launched on 28-Sep-22.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹16.38, Assets Under Management (AUM) of 2687.41 Crores, and an expense ratio of 0.45%.

Kotak Business Cycle Fund Direct Growth has given a CAGR return of 28.96% since inception.
The fund's asset allocation comprises around 96.48% in equities, 0.00% in debts, and 3.52% in cash & cash equivalents.
You can start investing in Kotak Business Cycle Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+39.60%

— (Cat Avg.)

Since Inception

+28.96%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2024

Equity	₹2,592.78 Cr	96.48%
Others	₹94.64 Cr	3.52%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹131.21 Cr	4.88%
Bharti Hexacom Ltd	Equity	₹107.28 Cr	3.99%
Triparty Repo	Cash - Repurchase Agreement	₹99.4 Cr	3.70%
HDFC Bank Ltd	Equity	₹96.95 Cr	3.61%
Axis Bank Ltd	Equity	₹95.04 Cr	3.54%
Maruti Suzuki India Ltd	Equity	₹88.79 Cr	3.30%
Bharat Forge Ltd	Equity	₹86.38 Cr	3.21%
Infosys Ltd	Equity	₹75.66 Cr	2.82%
Reliance Industries Ltd	Equity	₹75.27 Cr	2.80%
Zomato Ltd	Equity	₹73.13 Cr	2.72%
Whirlpool of India Ltd	Equity	₹69.22 Cr	2.58%
Larsen & Toubro Ltd	Equity	₹69.07 Cr	2.57%
Sun Pharmaceuticals Industries Ltd	Equity	₹68.77 Cr	2.56%
Godrej Consumer Products Ltd	Equity	₹65.16 Cr	2.42%
Avenue Supermarts Ltd	Equity	₹63.49 Cr	2.36%
Century Plyboards (India) Ltd	Equity	₹60.16 Cr	2.24%
SBI Life Insurance Company Limited	Equity	₹58.38 Cr	2.17%
Vijaya Diagnostic Centre Ltd	Equity	₹57.27 Cr	2.13%
UltraTech Cement Ltd	Equity	₹55.87 Cr	2.08%
Oberoi Realty Ltd	Equity	₹55.74 Cr	2.07%
UNO Minda Ltd	Equity	₹55.26 Cr	2.06%
Ambuja Cements Ltd	Equity	₹54.45 Cr	2.03%
Carborundum Universal Ltd	Equity	₹54.25 Cr	2.02%
Blue Star Ltd	Equity	₹52.97 Cr	1.97%
Honeywell Automation India Ltd	Equity	₹52.44 Cr	1.95%
Cholamandalam Investment and Finance Co Ltd	Equity	₹51.59 Cr	1.92%
United Spirits Ltd	Equity	₹48.73 Cr	1.81%
Bosch Ltd	Equity	₹47.84 Cr	1.78%
Mahindra Lifespace Developers Ltd	Equity	₹47.04 Cr	1.75%
IndusInd Bank Ltd	Equity	₹46.4 Cr	1.73%
NTPC Ltd	Equity	₹45.82 Cr	1.70%
ICICI Lombard General Insurance Co Ltd	Equity	₹45.18 Cr	1.68%
Cummins India Ltd	Equity	₹44.61 Cr	1.66%
ITC Ltd	Equity	₹44.58 Cr	1.66%
Krishna Institute of Medical Sciences Ltd	Equity	₹42.94 Cr	1.60%
Bansal Wire Industries Ltd	Equity	₹42.01 Cr	1.56%
CMS Info Systems Ltd	Equity	₹37.1 Cr	1.38%
Happy Forgings Ltd	Equity	₹36.93 Cr	1.37%
Indian Bank	Equity	₹36.64 Cr	1.36%
Medi Assist Healthcare Services Ltd	Equity	₹31.53 Cr	1.17%
Tech Mahindra Ltd	Equity	₹31.09 Cr	1.16%
Dabur India Ltd	Equity	₹28.61 Cr	1.06%
INOX India Ltd	Equity	₹23.54 Cr	0.88%
Kotak Mahindra Bank Ltd	Equity	₹23.5 Cr	0.87%
Ipca Laboratories Ltd	Equity	₹20.11 Cr	0.75%
Power Finance Corp Ltd	Equity	₹19.49 Cr	0.73%
Azad Engineering Ltd	Equity	₹19.03 Cr	0.71%
Elin Electronics Ltd	Equity	₹18.68 Cr	0.70%
TBO Tek Ltd	Equity	₹15.76 Cr	0.59%
Sansera Engineering Ltd	Equity	₹14.18 Cr	0.53%
Minda Corp Ltd	Equity	₹7.63 Cr	0.28%
Net Current Assets/(Liabilities)	Cash	₹-4.76 Cr	0.18%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹604.37 Cr	22.49%
Consumer Cyclical	₹442.44 Cr	16.46%
Industrials	₹424.39 Cr	15.79%
Consumer Defensive	₹250.56 Cr	9.32%
Healthcare	₹220.62 Cr	8.21%
Basic Materials	₹212.49 Cr	7.91%
Communication Services	₹107.28 Cr	3.99%
Technology	₹106.75 Cr	3.97%
Real Estate	₹102.78 Cr	3.82%
Energy	₹75.27 Cr	2.80%
Utilities	₹45.82 Cr	1.70%

Risk & Performance Ratios

Fund Managers

Abhishek Bisen

Since September 2022

Arjun Khanna

Since September 2022

Harish Bihani

Since October 2023

Additional Scheme Detailsas of 31st July 2024

ISIN

INF174KA1JN6

Expense Ratio

0.45%

Exit Load

1.00%

Fund Size

₹2,687 Cr

Age

28 Sep 2022

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Equity - Other Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
SBI Equity Minimum Variance Fund Direct Growth Very High Risk	0.4%	0.0%	₹228.86 Cr	35.0%
SBI Equity Minimum Variance Fund Regular Growth Very High Risk	0.7%	0.0%	₹228.86 Cr	34.5%
Bandhan Transportation and Logistics Fund Direct Growth Very High Risk	0.8%	0.0%	₹593.72 Cr	56.2%
Bandhan Transportation and Logistics Fund Regular Growth Very High Risk	2.4%	0.0%	₹593.72 Cr	53.7%
ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk	0.7%	1.0%	₹3254.35 Cr	58.1%
ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk	1.9%	1.0%	₹3254.35 Cr	56.2%
HDFC NIFTY200 Momentum 30 ETF Very High Risk	0.3%	-	₹11.35 Cr	63.0%
HDFC NIFTY100 Low Volatility 30 ETF Very High Risk	0.3%	-	₹5.95 Cr	34.7%
ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk	0.3%	-	₹268.02 Cr	63.2%
DSP Nifty Midcap 150 Quality 50 ETF Low Risk	0.3%	-	₹101.33 Cr	34.2%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹4,96,460 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	-	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.8%	1.0%	₹344.24 Cr	-
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹789.00 Cr	-
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹15.65 Cr	-
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.3%	1.0%	₹6952.13 Cr	-
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹18.22 Cr	38.9%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	-	8.0%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	-	9.7%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Moderate Risk	-	0.0%	-	7.9%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 249 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 295 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 258 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 298 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 290 - 1180 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Monthly Interval Series 4 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 293 - 1826 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak India Growth Fund Series IV Direct Growth Very High Risk	0.3%	0.0%	₹132.94 Cr	50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 287 - 1188 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 272 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak Fixed Maturity Plan Series 273 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 305 Direct Growth Low to Moderate Risk	-	0.0%	-	7.8%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	-	7.9%
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 292 - 1735 Days Direct Growth Low to Moderate Risk	-	0.0%	₹432.64 Cr	8.0%
Kotak FMP Series 289 -1179 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 288 -1177 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹17507.11 Cr	40.0%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹53783.10 Cr	34.1%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.5%	1.0%	₹25074.70 Cr	40.5%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.5%	0.0%	₹6334.74 Cr	37.1%
Kotak Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹295.29 Cr	59.2%
Kotak Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹721.21 Cr	27.7%
Kotak Infrastructure and Economic Reform Fund Direct Growth Very High Risk	0.6%	1.0%	₹2436.73 Cr	54.8%
Kotak Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹9391.43 Cr	7.7%
Kotak Bluechip Fund Direct Growth Very High Risk	0.6%	1.0%	₹9292.36 Cr	34.7%
Kotak Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹2154.76 Cr	9.6%
Kotak Bond Fund Short Term Plan Direct Growth Moderate Risk	0.4%	0.0%	₹15531.16 Cr	8.2%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Kotak Business Cycle Fund Direct Growth?

The NAV of Kotak Business Cycle Fund Direct Growth, as of 06-Sep-2024, is ₹16.38.

What is the portfolio composition of Kotak Business Cycle Fund Direct Growth?

The fund's allocation of assets is distributed as 96.48% in equities, 0.00% in bonds, and 3.52% in cash and cash equivalents.

Who manages the Kotak Business Cycle Fund Direct Growth?

The fund managers responsible for Kotak Business Cycle Fund Direct Growth are:-

Abhishek Bisen
Arjun Khanna
Harish Bihani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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