Meta Title

Kotak Business Cycle Fund - NAV, Returns, Portfolio & Investment Guide

Meta Description

Explore Kotak Business Cycle Fund Direct Growth - Latest NAV ₹16.96, AUM ₹2,848 Cr, expense ratio 0.63%. Invest in business cycle-based equity fund managed by Abhishek Bisen & Harish Bihani.

Investment Objective and Approach

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. However, there is no assurance that the objective of the scheme will be realized.

The Fund follows a top-down approach of portfolio construction to identify stages of business cycle, sector opportunities and subsequently using bottom up approach to identify strong companies within those sectors.

The fund aims to capitalize on different stages of economic business cycles by dynamically allocating investments across various sectors and stocks. This strategy allows the fund to potentially benefit from sectoral rotation that typically occurs during different economic phases - expansion, peak, contraction, and recovery.

Key investment approach features:

- Business Cycle Focus: Identifies and invests based on different stages of economic cycles

- Dynamic Allocation: Adjusts sector and stock allocation based on business cycle stages

- Top-down Approach: First identifies macro trends and sector opportunities

- Bottom-up Selection: Then selects quality companies within identified sectors

Fund Managers

The fund is managed by two experienced fund managers who bring complementary expertise:

Mr. Abhishek Bisen - Has been managing the fund since 28/9/2022. Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Mr. Harish Bihani - Has been managing the fund since 20/10/2023. 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.

Both managers bring extensive experience in equity research, portfolio management, and understanding of market cycles, making them well-positioned to execute the fund's business cycle investment strategy.

About the Fund House (AMC)

Kotak Mutual Fund stands as a significant player among India's AMCs, with Kotak Mahindra Asset Management Company Limited (KMAMC) serving as its designated asset manager. The ownership of the fund house rests with Kotak Mahindra Bank Limited, which commenced its mutual fund investment operations in June 1998.

Key highlights of Kotak Mahindra Mutual Fund:

- Boasting a substantial investor base exceeding 8.1 million, the fund house is the 5th largest based on its quarterly AUM as of March 2023.

- As of December 2023, Kotak Mutual Fund manages an impressive AUM of Rs. 353913 crores.

- KMAMC has approximately 21 Lac investors in various schemes. Total AUM ₹ 4,90,880.60 Cr with 86 schemes.

The fund house has built a strong reputation for professional fund management and has consistently been among the top mutual fund houses in India. Being backed by Kotak Mahindra Bank provides additional credibility and financial strength to the asset management operations.

Should I Invest in Kotak Business Cycle Fund?

This fund may be suitable for investors who:

Ideal For:

- Seek long-term capital appreciation through equity investments

- Want exposure to business cycle-based investment strategy

- Are comfortable with thematic equity fund volatility

- Have investment horizon of 5+ years

- Understand sector rotation dynamics

Fund Performance Metrics (as on July 2025):

- AUM: ₹ 2,848 Cr as on 31-Jul-2025

- Expense ratio: 0.60% (Direct Plan) as of 18th July 2025

- Scheme inception date: 28/9/2022

- Latest NAV: ₹16.96 as of 18th July 2025

Key Considerations:

- Being a relatively new fund (launched in 2022), track record is limited

- The fund is rated Very High risk

- Thematic investing can be more volatile than diversified equity funds

- Requires understanding of business cycle dynamics

Investment Requirements:

- Minimum SIP Investment: ₹100, Minimum Lumpsum Investment: ₹100

- Exit Load: 0.5% for redemption within 90 days, Nil after 90 days

FAQs

What is today's NAV of Kotak Business Cycle Fund?

The latest NAV of Kotak Business Cycle Fund is ₹16.96 as of 18th July 2025. NAV is updated daily after market closure.

What is the AUM of Kotak Business Cycle Fund?

The fund has an AUM of ₹2,848 Cr as on 31-Jul-2025. This indicates good investor interest and fund size for effective portfolio management.

What is the expense ratio of Kotak Business Cycle Fund?

The expense ratio of the Direct Plan is 0.60% as of 18th July 2025. The regular plan has a higher expense ratio due to distributor commissions.

What are the returns of Kotak Business Cycle Fund since inception?

The fund has delivered a CAGR return of 17.49% since inception, though being launched in 2022, the track record is relatively short for comprehensive evaluation.

What is the minimum SIP amount to invest in Kotak Business Cycle Fund?

The minimum SIP investment amount is ₹100. This low minimum makes it accessible for small investors to start their investment journey.

How do I invest in Kotak Business Cycle Fund?

You can invest through Allvest platform online by selecting the fund, choosing investment amount and mode (SIP/lump sum), and completing KYC requirements. Alternatively, invest through the AMC website or authorized distributors.

How to start a SIP in Kotak Business Cycle Fund?

Through Allvest, select Kotak Business Cycle Fund, choose SIP option, set monthly amount (minimum ₹100), select date and duration, then complete the investment process with bank mandate for auto-debit.

How do I automate an SIP in Kotak Business Cycle Fund?

After setting up SIP through Allvest, provide bank mandate or set up auto-debit instructions. The chosen amount will be automatically invested monthly on your selected date without manual intervention.

How can I withdraw/redeem my investment in Kotak Business Cycle Fund?

Log into Allvest platform, go to your portfolio, select the fund, choose redemption amount or units, and submit the request. Note: 0.5% exit load applies if redeemed within 90 days, nil thereafter.