Kotak Business Cycle Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-11-2024
₹ 15.68
1D
Inception Returns
23.3%
/yr
About Kotak Business Cycle Fund Direct Growth
Kotak Business Cycle Fund Direct Growth is an equity fund. This fund was started on 28 September, 2022. The fund is managed by Arjun Khanna, Abhishek Bisen, Pankaj Tibrewal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Business Cycle Fund Direct Growth has ₹2640 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Kotak Business Cycle Fund Direct Growth has given a CAGR return of 23.28% since inception. Over the last 1 year the fund has given a CAGR return of 34.04%.
Holdings
Kotak Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Consumer Defensive, Basic Materials, Real Estate, Tech, Communication, Energy, Utilities. Its top holdings are ICICI Bank Ltd, Bharti Hexacom Ltd, HDFC Bank Ltd, Axis Bank Ltd, Zomato Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Kotak Business Cycle Fund Direct Growth
The scheme shall seek 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Business Cycle Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Business Cycle Fund Direct Growth Overview
| Expense ratio | 0.51% |
Benchmark | IISL Nifty 500 TR INR |
| AUM | ₹2640 Cr |
| Inception Date | 28 September, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 24.86% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.56% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.95% in Oct'24
- AUM of the fund stands at 2.8K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Health
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.99% | 0% | |
 Bharti Hexacom Ltd | 3.97% | -13% | |
 HDFC Bank Ltd | 3.19% | 0% | |
 Axis Bank Ltd | 3.1% | -6.6% | |
 Zomato Ltd | 2.92% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 Vijaya Diagnostic Centre Ltd | 10.3% |
 Indian Bank | 2.1% |
 Aster DM Healthcare Ltd | 1.1% |
Kotak Business Cycle Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2640 Cr
Expense Ratio 0.51%
Frequently Asked Questions for Kotak Business Cycle Fund Direct Growth
Kotak Business Cycle Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.24% | -4.24% |
6 Month Returns | 10.65% | 10.65% |
1 Year Returns | 34.04% | 34.04% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Business Cycle Fund Direct Growth | 8.89 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Business Cycle Fund Direct Growth | 0.83 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Business Cycle Fund Direct Growth | 2.46 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Business Cycle Fund Direct Growth | 12.14 | - | - |