Kotak Business Cycle Fund-Direct Plan-IDCW option

Open Ended Schemes(Equity Scheme - Sectoral/ Thematic)Very High RiskISIN INF174KA1JO4

NAV · 06-Jul-2026

₹16.8840

+6.79%

-4.25%

1Y (CAGR)

-0.97%

3Y (CAGR)

+14.56%

5Y (CAGR)

—

Since inception (CAGR)

+14.72%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

13.95%

Downside dev (3y)

11.76%

Max drawdown (3y)

-20.2%

Sharpe (3y)

0.58

SIP XIRR (3y)

+8.60%

Calendar-year returns

2023 +24.7%2024 +29.4%2025 +6.9%

Fund facts

Fund managerAbhishek Bisen · Harish Bihani

AUM₹31,346 Cr

Expense ratio0.66% · 2026-05-31

TER · AMFI officialDirect 0.82% · Regular 2.11% (2026-06-30)

Launch date07-Sep-2022

Plan typeOpen Ended · Equity

Min lumpsum₹100

Min SIP₹100

Lock-inNone

Volatility13.01

AMCKotak Mahindra Asset Management Company Limited.

Objective · 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.

scheme documents ↗