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Kotak Business Cycle Fund
Thematic-Business CycleRank #11
Not Rated
NAV (2026-09-11)
₹17.14
AUM
₹3,508.76 Cr
Exp. Ratio: 2.05%
RISK LEVEL
Very High
Returns & Performance
1 Year3.35%0.08% vs cat avgRank #11
3 Year13.45%0.67% vs cat avgRank #2
5 Year----
Since Launch14.59%2.36% vs cat avg
Fund vs Category Average
1Y
3.35%-0.08%
3Y
13.45%+0.67%
Pros & Cons
Pros
✔Strong 3Y track record vs category
✔No lock-in period
✔Decent 1Y category rank (#11)
✔Outperforms category avg since launch
Cons
✖1Y returns trail category average
✖Higher expense ratio (2.05%)
✖Overall rank #11 in category
ISININF174KA1JK2
NAV₹17.14
NAV Date2026-09-11
AUM₹3,508.76 Cr
Expense Ratio2.05%
RiskVery High
RatingNot Rated / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1994-08-05
INVESTMENT OBJECTIVE
The scheme seeks 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.
Exit Load0.50%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Harish Bihani
Mr. Bihani has done MBA in Finance
Prior to joining Kotak Mutual Fund, he has worked with ICICI Prudential Mutual Fund, SBI Mutual Fund, Kotak Instituitional Equities, CIMB Securities, RBS Equities India Pvt. Ltd., Indiabulls Securities Ltd. and Reliance Equities International Pvt. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Kotak Business Cycle Fund is ₹17.14 as of 2026-09-11.
Kotak Business Cycle Fund is classified as a Thematic-Business Cycle fund.
Kotak Business Cycle Fund is managed by Kotak Mahindra Mutual Fund.
The Assets Under Management (AUM) of Kotak Business Cycle Fund is ₹3,508.76 Cr.
The expense ratio of Kotak Business Cycle Fund is 2.05%.
Kotak Business Cycle Fund is managed by Harish Bihani.
The minimum SIP investment for Kotak Business Cycle Fund is ₹100.
The exit load for Kotak Business Cycle Fund is 0.5%.
As per the SEBI Riskometer, Kotak Business Cycle Fund carries a Very High risk level.
Kotak Business Cycle Fund has delivered 3.35% (1Y), 13.45% (3Y) and 0% (5Y) annualised returns as of 2026-09-11.
Kotak Business Cycle Fund was launched on 1994-08-05.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
