GMP IPO Watch
Kotak Business Cycle Fund
Regular 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 | +3.36% | +3.52% | 179 of 255 |
| 1M | +2.42% | +1.97% | 104 of 255 |
| 3M | -1.57% | -3.45% | 63 of 252 |
| 6M | +7.13% | +2.92% | 61 of 251 |
| YTD | +3.32% | +1.21% | 170 of 255 |
| 1Y | +2.95% | +1.11% | 161 of 232 |
| 2Y | +5.24% | +2.39% | 103 of 187 |
| 3Y | +15.28% | +12.36% | 68 of 142 |
| INCEPTION | +13.97% | — | — |
Ranked among: Equity Scheme - Sectoral/ Thematic.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.88% | +20.29% | -15.82% | 68% | 27% |
| 6M | +8.15% | +34.07% | -15.84% | 76% | 32% |
| 1Y | +16.68% | +44.83% | -2.56% | 98% | 43% |
| 2Y | +15.99% | +27.09% | +0.96% | 100% | 45% |
| 3Y | +16.23% | +18.80% | +12.84% | 100% | 46% |
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 · Sep 2026
Asset Allocation
- Equity98.45%
- Debt0.00%
- Cash1.55%
- Other0.00%
Market Cap Split
- Large Cap42.03%
- Mid Cap26.14%
- Small Cap30.46%
- Others1.37%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 28.35 | 27.94 |
| P/B | 4.33 | 4.57 |
| Price / Sales | 4.06 | 3.25 |
| Price / Cash Flow | 25.58 | 20.95 |
| Dividend Yield (%) | 0.81 | 1.18 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 7.69% | -0.54% |
| Aditya Infotech | Industrial Manufacturing | 5.74% | +0.57% |
| Indo-MIM | Industrial Manufacturing | 4.39% | +1.38% |
| Eternal | Retailing | 4.05% | +0.01% |
| Axis Bank | Banks | 3.67% | -0.11% |
| Aster DM Quality Care | Equity | 3.37% | -0.19% |
| Krishna Institute of Medical Sciences | Equity | 3.23% | +0.05% |
| Vijaya Diagnostic Centre | Equity | 3.11% | -0.08% |
| ACME Solar Holdings | Power | 2.87% | +0.32% |
| Lenskart Solutions | Retailing | 2.70% | +0.16% |
| Bharti Hexacom | Telecom - Services | 2.64% | -0.14% |
| HDFC Bank | Banks | 2.62% | +0.07% |
| Shriram Finance | Finance | 2.48% | -0.24% |
| Maruti Suzuki | Automobiles | 2.09% | -0.21% |
| 360 One WAM | Capital Markets | 1.99% | -0.22% |
View all 54 holdings
| Mahindra & Mahindra | Automobiles | 1.86% | -0.15% |
| Vishal Mega Mart | Retailing | 1.85% | -0.13% |
| Indian Bank | Banks | 1.85% | -0.15% |
| Happy Forgings | Industrial Products | 1.77% | -0.24% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 1.75% | -0.05% |
| Avenue Supermarts DMart | Retailing | 1.71% | +0.00% |
| Century Plyboards | Consumer Durables | 1.70% | -0.14% |
| UltraTech Cement | Cement and Cement Products | 1.67% | -0.03% |
| SBI Life Insurance | Insurance | 1.65% | +0.00% |
| Godrej Consumer Products | Personal Products | 1.62% | -0.06% |
| ICICI Lombard General Insurance | Insurance | 1.61% | +0.06% |
| Kalpataru Projects International | Construction | 1.58% | +0.02% |
| Triparty Repo | Reverse Repo / TREPS | 1.55% | — |
| Mankind Pharma | Pharmaceuticals and Biotechnology | 1.48% | +0.09% |
| Mphasis | IT - Software | 1.46% | -0.14% |
| Brigade Enterprises | Realty | 1.40% | -0.16% |
| Oberoi Realty | Realty | 1.39% | -0.04% |
| Infosys | IT - Software | 1.39% | -0.15% |
| UNO Minda | Auto Components | 1.33% | -0.08% |
| Reliance Industries | Petroleum Products | 1.23% | -0.06% |
| Sagility | IT - Services | 1.18% | -0.08% |
| TVS Motors | Automobiles | 1.15% | -0.03% |
| LG Electronics | Consumer Durables | 1.14% | +0.04% |
| Hexaware Technologies | IT - Software | 1.11% | -0.10% |
| NTPC | Power | 1.04% | +0.01% |
| Aptus Value Housing Finance | Finance | 1.00% | -0.05% |
| ICICI Prudential Asset Management | Capital Markets | 1.00% | +0.05% |
| Corona Remedies | Pharmaceuticals and Biotechnology | 0.99% | +0.04% |
| Jubilant Ingrevia | Chemicals and Petrochemicals | 0.94% | -0.01% |
| KFin Technologies | Capital Markets | 0.93% | -0.12% |
| Hindustan Aeronautics | Aerospace and Defense | 0.82% | +0.00% |
| SBI Funds Management | Capital Markets | 0.79% | -0.07% |
| Shadowfax Technologies | Transport Services | 0.77% | +0.08% |
| Tenneco Clean Air | Auto Components | 0.75% | -0.01% |
| ITC | Diversified FMCG | 0.69% | +0.03% |
| Medi Assist Healthcare | Insurance | 0.57% | -0.04% |
| CMS Info Systems | Commercial Services and Supplies | 0.55% | -0.04% |
| Western Carriers | Transport Services | 0.27% | +0.03% |
| Net Current Assets/(Liabilities) | Equity | -0.18% | — |
Sector Allocation · Sep 2026
View all 28 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 14.62 | 16.32 | Low Volatility |
| 3Y | 13.91 | 16.10 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.29 | -0.32 | Above Average |
| 3Y | 0.60 | -0.45 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.39 | 0.19 | Above Average |
| 3Y | 1.56 | 1.14 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Regular Plan · IDCW option
|
+59.64% | +47.37% | — | +23.17% |
|
HDFC Pharma and Healthcare Fund
Direct Plan · IDCW Option
|
+25.51% | +31.04% | — | +30.18% |
|
Kotak Healthcare Fund
Regular Plan · IDCW Option
|
+23.57% | — | — | +20.10% |
|
SBI Automotive Opportunities Fund
Direct Plan · IDCW
|
+22.37% | — | — | +11.34% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
|
ICICI Prudential US Bluechip Equity Fund
Regular Plan · IDCW
|
+20.32% | +18.33% | +12.09% | +15.77% |
|
PGIM India Healthcare Fund
Direct Plan · Direct IDCW
|
+20.03% | — | — | +11.89% |
|
Nippon India Japan Equity Fund
Regular Plan · Bonus Option
|
+18.89% | +19.86% | +8.28% | +8.45% |
|
HDFC Defence Fund
Regular Plan · IDCW Option
|
+18.80% | +34.56% | — | +36.67% |
|
HSBC India Export Opportunities Fund
Direct Plan · Growth
|
+18.74% | — | — | +9.24% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Kotak Silver ETF | +26.35% | +36.48% | — | +28.03% |
|
Kotak Gold Silver Passive FOF
Direct Plan · Growth
|
+26.30% | — | — | +26.30% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.06% | +35.79% | — | +27.27% |
|
Kotak Healthcare Fund
Direct Plan · Growth Option
|
+25.53% | — | — | +22.05% |
| KOTAK GOLD ETF | +16.90% | +31.05% | +23.29% | +14.39% |
|
Kotak Gold Fund
Direct Plan · Growth
|
+16.87% | +30.79% | +22.87% | +10.50% |
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+15.91% | +28.49% | +17.63% | +18.98% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Growth
|
+15.41% | +21.87% | +9.60% | +8.54% |
|
Kotak MNC Fund
Direct Plan · Growth
|
+12.74% | — | — | +10.47% |
|
Kotak Manufacture in India Fund
Direct Plan · IDCW Option
|
+12.20% | +20.58% | — | +19.90% |
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.