Q: What are the returns of this mutual fund scheme?

The Kotak Business Cycle Fund Direct - Growth is a 3 yrs 1 m old fund and has delivered average annual returns of 19.8% since inception. Kotak Business Cycle Fund Direct - Growth Returns 1-Year 3-Year Since Inception 10.61% 19.99% 19.8%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Kotak Business Cycle Fund - Direct Growth plan is approximately ₹17.522 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Kotak Business Cycle Fund Direct - Growth is a 3 yrs 1 m old fund and has delivered average annual returns of 19.8% since inception.

Kotak Business Cycle Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
10.61%	19.99%	19.8%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Kotak Business Cycle Fund - Direct Growth has an expense ratio of 0.59%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Kotak Business Cycle Fund currently has assets under management (AUM) or fund size valued at approximately 2,949 Cr as on Sep 30, 2025.

Question 5

What are the top stock holdings of Kotak Business Cycle Fund?

Accepted Answer

The Kotak Business Cycle Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	4.25%
Aster DM Healthcare Ltd.	3.7%
Bharti Hexacom Ltd.	3.56%
Eternal Ltd.	3.5%
Vishal Mega Mart Ltd.	3.45%
GE Vernova T&D India Ltd	3.01%
Axis Bank Ltd.	2.8%
UNO Minda Ltd.	2.7%
Maruti Suzuki India Ltd.	2.65%
Godrej Consumer Products Ltd.	2.58%

Question 6

What are the top sectors Kotak Business Cycle Fund has invested in?

Accepted Answer

The Kotak Business Cycle Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
ICICI Bank Ltd.	4.25%
Aster DM Healthcare Ltd.	3.7%
Bharti Hexacom Ltd.	3.56%
Eternal Ltd.	3.5%
Vishal Mega Mart Ltd.	3.45%
GE Vernova T&D India Ltd	3.01%
Axis Bank Ltd.	2.8%
UNO Minda Ltd.	2.7%
Maruti Suzuki India Ltd.	2.65%
Godrej Consumer Products Ltd.	2.58%

Question 7

What is risk level of Kotak Business Cycle Fund?

Accepted Answer

This is a Strategy fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Kotak Business Cycle Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Business Cycle Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Kotak Business Cycle Fund is complete.

Question 10

How can I redeem my investments in Kotak Business Cycle Fund?

Accepted Answer

Redeeming your investments in the Kotak Business Cycle Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.59% as on Sep 30, 2025
Exit load	0.5% 0.5% for redemption within 90 Days!
AUM (Fund size)	₹2,949 Cr
Lock-in Period	Nil
Age	3 yrs 1 m since Sep 07, 2022
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	1.23%	2.72%
3 Months	3.73%	3.22%
6 Months	13.16%	9.73%
1 Year	10.61%	5.16%
2 Years	24.23%	22.15%
3 Years	19.99%	20.02%

Fund AUM	2,949 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	83 view all schemes
Total AUM	5,66,982 Cr as on Sep 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

Fund name	ETM Rank	AUM	1Y	5Y
Kotak Infrastructure and Economic Reform Fund	N.A.	2,341 Cr	2.24%	32.66%
Kotak Midcap Fund	N.A.	58,300 Cr	8.15%	28.82%
Kotak Small Cap Fund	N.A.	17,480 Cr	-2.29%	27.96%
Kotak Contra Fund	N.A.	4,716 Cr	7.2%	25.23%
Kotak Pioneer Fund	N.A.	3,148 Cr	11.57%	25.17%
Kotak Large & Midcap Fund	N.A.	28,381 Cr	7.22%	23.76%

Kotak Business Cycle Fund Direct - Growth

Historical NAV & returns

Kotak Business Cycle Fund overview

Kotak Business Cycle Fund Returns calculator

Trailing returns as on Oct 17, 2025

Asset allocationas on Sep 30, 2025

Key risk & return ratios Compared to other funds in the category

Compare Kotak Business Cycle Fund in detail with

About this fund

About Kotak Business Cycle Fund

Fund managers

Investment objective

Kotak Mahindra Mutual Fund details

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Frequently asked questions

Kotak Business Cycle Fund Direct - Growth Returns

ET Money rank

Sector	Percentage of Portfolio
Financial	14.43%
Healthcare	14.299999999999999%
Services	11.469999999999999%
Capital Goods	8.87%
Automobile	7.8500000000000005%
Technology	7.51%
Construction	6.3100000000000005%
Materials	5.65%
Consumer Staples	5.36%
Communication	4.9399999999999995%