| KOTAK BUSINESS CYCLE FUND
An open ended equity scheme following business cycles based investing theme
| KOTAK BUSINESS CYCLE FUND
An open ended equity scheme following business cycles based investing theme

      

      
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.

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.

Issuer/Instrument
% to Net
Assets

Equity & Equity related
Banks 14.27
ICICI Bank Ltd. 4.62
HDFC Bank Ltd. 3.41
Axis Bank Ltd. 3.27
IndusInd Bank Ltd. 1.71
INDIAN BANK 1.26
Auto Components 8.92
Bharat Forge Ltd. 2.91
Uno Minda Limited 2.29
Bosch Ltd. 1.63
Rolex Rings Ltd. 1.54
Sansera Engineering Ltd. 0.55
Healthcare Services 6.53
Vijaya Diagnostic Centre Pvt. Ltd. 2.43
Aster DM Healthcare Ltd 2.06
Krishna Institute Of Medical Sciences Ltd. 2.04
Retailing 6.38
Zomato Ltd. 2.94
Avenue Supermarts Ltd. 2.33
Brainbees Solutions Limited 1.11
Realty 5.80
Brigade Enterprises Limited 2.22
Oberoi Realty Ltd 1.95
Mahindra Lifespace Developers Ltd 1.63
Pharmaceuticals and Biotechnology 5.22
Sun Pharmaceuticals Industries Ltd. 2.68
Mankind Pharma Ltd 1.76
Ipca Laboratories Ltd. 0.78
Insurance 5.18
SBI Life Insurance Company Ltd 2.27
ICICI Lombard General Insurance Company Ltd 1.77
Medi Assist Healthcare Services Limited 1.14
Consumer Durables 4.98
Century Plyboards (India) Ltd. 2.46
Blue Star Ltd. 1.70
Elin Electronics Ltd. 0.82
Industrial Products 4.82
Carborundum Universal Ltd. 1.77
Happy Forgings Ltd 1.28
Cummins India Ltd. 0.98
Inox India Ltd 0.79
Telecom - Services 4.35
Bharti Hexacom Ltd. 4.35
IT - Software 4.11
Infosys Ltd. 2.90
Tech Mahindra Ltd. 1.21
Cement and Cement Products 3.78
Ultratech Cement Ltd. 1.96
Ambuja Cements Ltd. 1.82
Personal Products 3.53
Godrej Consumer Products Ltd. 2.47
Dabur India Ltd. 1.06
Automobiles 3.09
Maruti Suzuki India Limited 3.09
Petroleum Products 2.78
Reliance Industries Ltd. 2.78
Finance 2.66
Cholamandalam Investment and Finance Company Ltd. 1.95
Power Finance Corporation Ltd. 0.71
Construction 2.47
Larsen And Toubro Ltd. 2.47
Beverages 1.87
United Spirits Ltd. 1.87
Industrial Products 1.82
Bansal Wire Industries Limited 1.82
Power 1.69
National Thermal Power Corporation Limited 1.69
Diversified FMCG 1.66
ITC Ltd. 1.66
Commercial Services and Supplies 1.30
CMS Info Systems Ltd 1.30
Electrical Equipment 0.66
Azad Engineering Ltd 0.66
Capital Markets 0.42
Premier Energies Limited 0.42
Equity & Equity related - Total 98.29
Triparty Repo 1.72
Net Current Assets/(Liabilities) -0.01
Grand Total 100.00



Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 1 year
Total amount invested (₹) 2,30,000 1,20,000
Total Value as on Aug 30, 2024 (₹) 3,18,274 1,48,851
Scheme Returns (%) 36.53 47.58
NIFTY 500 TRI (%) 36.06 42.64
Alpha* 0.47 4.95
NIFTY 500 TRI (₹) # 3,17,078 1,45,995
Nifty 50 (₹) ^ 2,96,547 1,41,155
Nifty 50 (%) 27.88 34.36

Scheme Inception : - September 28,2022. The returns are calculated by XIRR approach assuming investment of ₹10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The SIP Performance is for Regular Plan – Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. TRI – Total Return Index, In terms of para 6.14 of SEBI Master circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, the performance of the scheme is benchmarked to the Total Return variant (TRI) of the Benchmark Index instead of Price Return Variant (PRI). Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer
Net Asset Value (NAV)
RegularDirect
Growth Rs15.7737Rs16.2772
IDCW Rs15.7736Rs16.2763
(as on August 30, 2024)

Available Plans/Options

A) Direct Plan B) Regular Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager*^ Mr. Harish Bihani &
Mr. Abhishek Bisen
BenchmarkNifty 500 TRI
Allotment dateSeptember 28, 2022
AAUMRs2,655.32 crs
AUMRs2,715.46 crs
Folio count75,207

IDCW Frequency

Trustee's Discretion


Ratios
Portfolio Turnover41.68%
$Beta0.82
$Sharpe ##2.03
$Standard Deviation10.31%
(P/E) 37.25
P/BV 4.93
Source: $ ICRA MFI Explorer.

Minimum Investment Amount

Initial & Additional Investment
Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
Rs 100 and any amount thereafter

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
b) If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
c) If units are redeemed or switched out on or after 1 year from the date of allotment: NIL.


Total Expense Ratio**
Regular Plan: 1.93%
Direct Plan: 0.45%

Data as on 31st August, 2024 unless otherwise specified.

Folio count data as on 31st July 2024.

Fund


Benchmark
This product is suitable for investors who are seeking*:
  • Long term capital growth
  • Investment in portfolio of predominantly equity & equity related securities of companies with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st July, 2024. An addendum may be issued or updated on the website for new riskometer.

## Risk rate assumed to be 6.80% (FBIL Overnight MIBOR rate as on 30th Aug 2024).**Total Expense Ratio includes applicable B30 fee and GST.
^Mr. Arjun Khanna (Dedicated fund manager for investments in foreign securities).
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'