GMP IPO Watch
Kotak Business Cycle Fund
Direct Plan · Growth · Kotak Mahindra Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.73% | -1.28% | 91 of 255 |
| 1M | -3.38% | -4.58% | 55 of 253 |
| 3M | -1.23% | -2.57% | 85 of 251 |
| 6M | +15.56% | +11.42% | 77 of 251 |
| YTD | +2.45% | -0.16% | 169 of 255 |
| 1Y | +4.20% | +2.02% | 158 of 228 |
| 2Y | +3.87% | -0.19% | 98 of 183 |
| 3Y | +15.46% | +11.77% | 74 of 141 |
| INCEPTION | +15.46% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +4.41% | +20.76% | -15.53% | 71% | 29% |
| 6M | +9.01% | +35.10% | -15.25% | 78% | 33% |
| 1Y | +18.88% | +47.06% | -1.19% | 100% | 45% |
| 2Y | +18.27% | +29.17% | +2.34% | 100% | 46% |
| 3Y | +18.16% | +20.61% | +14.44% | 100% | 47% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity99.30%
- Debt0.00%
- Cash0.70%
- Other0.00%
Market Cap Split
- Large Cap43.64%
- Mid Cap21.55%
- Small Cap30.42%
- Others4.39%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 29.46 | 29.02 |
| P/B | 4.47 | 4.72 |
| Price / Sales | 4.20 | 3.42 |
| Price / Cash Flow | 26.22 | 21.70 |
| Dividend Yield (%) | 0.78 | 1.17 |
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 8.23% | -0.12% |
| Aditya Infotech | Industrial Manufacturing | 5.17% | +0.11% |
| Eternal | Retailing | 4.04% | +0.21% |
| Axis Bank | Banks | 3.78% | +0.10% |
| Aster DM Quality Care | Equity | 3.56% | -0.44% |
| Vijaya Diagnostic Centre | Equity | 3.19% | +0.28% |
| Krishna Institute of Medical Sciences | Equity | 3.18% | -0.31% |
| Indo-MIM | Industrial Manufacturing | 3.01% | +0.27% |
| Bharti Hexacom | Telecom - Services | 2.78% | -0.20% |
| Shriram Finance | Finance | 2.72% | +0.08% |
| ACME Solar Holdings | Power | 2.55% | +0.18% |
| HDFC Bank | Banks | 2.55% | -0.21% |
| Lenskart Solutions | Retailing | 2.54% | +0.31% |
| Maruti Suzuki | Automobiles | 2.30% | -0.19% |
| 360 One WAM | Capital Markets | 2.21% | +0.01% |
View all 54 holdings
| Mahindra & Mahindra | Automobiles | 2.01% | -0.13% |
| Happy Forgings | Industrial Products | 2.01% | +0.60% |
| Indian Bank | Banks | 2.00% | +0.08% |
| Vishal Mega Mart | Retailing | 1.98% | +0.01% |
| Century Plyboards | Consumer Durables | 1.84% | -0.16% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 1.80% | -0.13% |
| Avenue Supermarts DMart | Retailing | 1.71% | -0.06% |
| UltraTech Cement | Cement and Cement Products | 1.70% | -0.11% |
| Godrej Consumer Products | Personal Products | 1.68% | -0.37% |
| SBI Life Insurance | Insurance | 1.65% | -0.19% |
| Mphasis | IT - Software | 1.60% | +0.01% |
| Kalpataru Projects International | Construction | 1.56% | +0.08% |
| Brigade Enterprises | Realty | 1.56% | +0.14% |
| ICICI Lombard General Insurance | Insurance | 1.55% | -0.10% |
| Infosys | IT - Software | 1.54% | -0.04% |
| Oberoi Realty | Realty | 1.43% | -0.01% |
| UNO Minda | Auto Components | 1.41% | +0.06% |
| Mankind Pharma | Pharmaceuticals and Biotechnology | 1.39% | -0.07% |
| Reliance Industries | Petroleum Products | 1.29% | -0.07% |
| Sagility | IT - Services | 1.26% | +0.06% |
| Hexaware Technologies | IT - Software | 1.21% | -0.05% |
| TVS Motors | Automobiles | 1.18% | -0.03% |
| LG Electronics | Consumer Durables | 1.10% | +0.11% |
| KFin Technologies | Capital Markets | 1.05% | — |
| Aptus Value Housing Finance | Finance | 1.05% | -0.08% |
| NTPC | Power | 1.03% | -0.09% |
| Jubilant Ingrevia | Chemicals and Petrochemicals | 0.95% | -0.11% |
| ICICI Prudential Asset Management | Capital Markets | 0.95% | -0.04% |
| Corona Remedies | Pharmaceuticals and Biotechnology | 0.95% | -0.05% |
| SBI Funds Management | Capital Markets | 0.86% | -0.04% |
| Hindustan Aeronautics | Aerospace and Defense | 0.82% | +0.00% |
| Tenneco Clean Air | Auto Components | 0.76% | -0.03% |
| Triparty Repo | Reverse Repo / TREPS | 0.70% | — |
| Shadowfax Technologies | Transport Services | 0.69% | +0.02% |
| ITC | Diversified FMCG | 0.66% | -0.08% |
| Medi Assist Healthcare | Insurance | 0.61% | -0.07% |
| CMS Info Systems | Commercial Services and Supplies | 0.59% | -0.07% |
| Western Carriers | Transport Services | 0.24% | -0.02% |
| Net Current Assets/(Liabilities) | Equity | -0.18% | — |
Sector Allocation · Aug 2026
View all 28 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 15.56 | — | High Volatility |
| 3Y | 15.58 | — | High Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.09 | — | Good Risk Adjusted Returns |
| 3Y | 0.61 | — | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.12 | — | Good Risk Adjusted Returns |
| 3Y | 0.88 | — | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+125.07% | +61.55% | — | +32.55% |
|
Franklin Asian Equity Fund
Regular Plan · IDCW
|
+31.28% | +22.70% | +6.52% | +4.42% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+28.99% | +22.97% | +10.76% | +9.17% |
|
Motilal Oswal Active Momentum Fund
Direct Plan · Growth
|
+26.04% | — | — | +27.23% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.57% | +29.81% | — | +29.73% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+25.46% | — | — | +19.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+24.20% | — | — | +11.25% |
|
Motilal Oswal Special Opportunities Fund
Direct Plan · Growth
|
+19.68% | — | — | +19.59% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+19.63% | — | — | +8.42% |
|
Edelweiss Recently Listed IPO Fund
Regular Plan · Growth
|
+19.17% | +15.58% | +9.91% | +14.76% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Kotak Silver ETF | +52.29% | +47.52% | — | +35.10% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+51.52% | +45.48% | — | +34.93% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Payout of Income Distribution cum capital withdrawal option
|
+35.95% | +27.52% | +13.02% | +9.81% |
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+32.91% | +33.69% | +21.75% | +21.15% |
|
Kotak Global Innovation Overseas Equity Active FOF
Direct Plan · Growth
|
+28.29% | +27.13% | +10.82% | +9.80% |
|
Kotak Healthcare Fund
Direct Plan · IDCW Option
|
+27.46% | — | — | +21.71% |
|
Kotak Gold Fund
Direct Plan · Payout of Income Distribution cum capital withdrawal option
|
+25.46% | +36.01% | +24.40% | +10.91% |
| KOTAK GOLD ETF | +25.42% | +36.34% | +24.79% | +14.71% |
|
Kotak MNC Fund
Direct Plan · IDCW Option
|
+17.45% | — | — | +12.38% |
|
Kotak Special Opportunities Fund
Direct Plan · Growth
|
+16.10% | — | — | +6.62% |
About This Scheme
Investment 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. However, there is no assurance that the objective of the scheme will be realized.
Stated Asset Allocation
Investments Indicative Allocation Equity and Equity Related Instruments selected on the basis of business cycle- 80%-100% Other Equity and Equity Related Instruments of companies-0%-20% Debt and Money Market Instruments -0%-20% Units of Gold/Silver ETF -0%-20% Units of InvITs-0%-10%
Exit Load
For redemption / switch out within 90 days from the date of allotment: 0.5% If units are redeemed or switched out on or after 90 days from the date of allotment -Nil Units issued on reinvestment of IDCW shall not be subject to entry and exit load. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme.
Fund Managers
FM 1 Mr. Harish Bihani, FM 2 Mr. Abhishek Bisen
FM 1 Fund Manager for equity investment of the Scheme, FM 2 Fund Manager for debt investment of the Scheme
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.