- AMC
- Kotak Mahindra Mutual Fund
- Category
- Sectoral/ Thematic
- ISIN
- INF174KA1JO4
Kotak Business Cycle
₹16.4830
−₹0.2010 (−1.20%)
NAV · Direct · IDCW ·
Kotak Business Cycle's Direct IDCW NAV was ₹16.4830 on 19 Oct 2026, down 1.20% on the day. Its 3-year return is 12.17% a year.
- Expense ratio
- 2.03%
- Fund size
- ₹3,116.61 Cr
- Min. investment
- ₹100
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹14.0940 to ₹17.6610.
Direct · IDCW plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.
Fund details
- Expense ratio
- 2.03% (Direct)
- Exit load
- 0.5% if redeemed/switched out within 90 days from allotment date; nil thereafter
- Riskometer
- Very high
- Benchmark
- Nifty 500 Total Return Index
- Launched
- 7 Sep 2022
- Fund managers
- Harish Bihani, Abhishek Bisen
Fund size, expense ratio and minimums as of 16 Oct 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF174KA1JN6 | ₹17.7350 | −1.20% | 2.03% | +1.33% |
| Regular · Growth | INF174KA1JK2 | ₹16.6960 | −1.21% | 2.03% | 0.00% |
| Direct · IDCW | INF174KA1JO4 | ₹16.4830 | −1.20% | 2.03% | −5.82% |
| Regular · IDCW | INF174KA1JL0 | ₹15.5190 | −1.21% | 2.03% | −7.05% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
Armor risk check
Kotak Business Cycle moves about as much as the market
Volatility, past year
Worst fall, past year
Compared with the Nifty 500 over the past 12 months.
Check it against your portfolio in the appAbout this fund
Kotak Business Cycle is an open-ended mutual fund from Kotak Mahindra Mutual Fund, in the Sectoral/ Thematic category. It began on 7 Sep 2022. It is benchmarked to the Nifty 500 Total Return Index. The fund manages ₹3,116.61 Cr across its plans as of 16 Oct 2026. The Direct · IDCW plan has an expense ratio of 2.03%. The minimum first investment is ₹100, and SIPs are available.
FAQs
What is the NAV of Kotak Business Cycle?
The NAV of Kotak Business Cycle (Direct · IDCW) was ₹16.4830 on 19 Oct 2026, down 1.20% from the previous NAV.
What plans does Kotak Business Cycle have?
Kotak Business Cycle has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Kotak Business Cycle?
The Direct · IDCW plan of Kotak Business Cycle has an expense ratio of 2.03%.
What is the fund size (AUM) of Kotak Business Cycle?
Kotak Business Cycle manages ₹3,116.61 Cr across all plans as of 16 Oct 2026.
What returns has Kotak Business Cycle delivered?
Kotak Business Cycle returned −5.82% over 1Y, +12.17% a year over 3Y. Past performance does not guarantee future returns.
What is the exit load of Kotak Business Cycle?
Kotak Business Cycle: 0.5% if redeemed/switched out within 90 days from allotment date; nil thereafter.
What is the minimum investment and SIP amount for Kotak Business Cycle?
The minimum first investment in Kotak Business Cycle is ₹100, and ₹100 after that. SIPs are available (SIP available Daily, Weekly, Monthly, Quarterly, Half-Yearly and Annually with minimum Rs. 100 and any amount thereafter. Allowed on any date from 1st to 31st).
How risky is Kotak Business Cycle?
Kotak Business Cycle is rated "very high risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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