Should I invest in Kotak Business Cycle Fund?

We don't give personal investment advice. Kotak Business Cycle Fund-Direct Plan-IDCW option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

Kotak

Kotak Business Cycle Fund-Direct Plan-IDCW option

Latest NAV

₹16.8920

As of

17 Jul 2026

929 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.05%	-0.04%	+0.08	122 / 249	Q2
1W	-0.42%	-0.15%	-0.27	174 / 249	Q3
2W	+0.41%	-0.61%	+1.02	96 / 251	Q2
1M	+3.46%	+1.14%	+2.32	60 / 251	Q1
3M	+6.74%	+3.90%	+2.85	73 / 251	Q2
6M	-0.63%	+2.59%	-3.22	164 / 243	Q3
YTD	-3.20%	+0.68%	-3.88	171 / 241	Q3
1Y	-1.01%	+2.39%	-3.40	157 / 229	Q3
2Y	+3.70%	+0.44%	+3.26	67 / 186	Q2
3Y	+14.26%	+11.53%	+2.73	68 / 151	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+14.68%	+10.06%	+4.62	66 / 251	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-3.20%	+1.51%	-4.71	169 / 237
2025	+6.11%	+1.49%	+4.62	62 / 204
2024	+29.13%	+20.10%	+9.04	29 / 158
2023	+24.57%	+30.21%	-5.63	85 / 131
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+19.15%

35 windows

min -4.2% · max 46.8%

91% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+17.45%

10 windows

min 14.1% · max 20.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.49%

3-year · annualised

Sharpe ratio

0.58

vs risk-free 6.5%

Sortino ratio

1.00

Downside-only deviation

Max drawdown

-20.20%

Oct 2025 → Mar 2026

% positive months

61.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.8920
16 Jul 2026	₹16.8840
15 Jul 2026	₹16.9450
14 Jul 2026	₹16.8270
13 Jul 2026	₹16.9250
10 Jul 2026	₹16.9640
9 Jul 2026	₹16.7420
8 Jul 2026	₹16.5570
7 Jul 2026	₹16.8130
6 Jul 2026	₹16.8840

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Kotak Business Cycle Fund-Direct Plan-IDCW option is ₹16.8920. It's a Sectoral/Thematic Fund from Kotak, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Kotak Business Cycle Fund-Direct Plan-IDCW option has NAV history starting from 06 Oct 2022, a track record of about 3 years 9 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Kotak Business Cycle Fund-Direct Plan-IDCW option is managed by Kotak. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Business Cycle Fund-Direct Plan-IDCW option has delivered a absolute return of -1.01% — -3.4 pp behind the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #157 of 229 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Kotak Business Cycle Fund-Direct Plan-IDCW option has delivered a CAGR of 14.26% — +2.73 pp ahead of the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #68 of 151 in its category — the second (Q2) quartile.

Kotak Business Cycle Fund-Direct Plan-IDCW option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Kotak Business Cycle Fund-Direct Plan-IDCW option exactly 3 years ago would be worth approximately ₹149,170 today — a multiplier of 1.49×, based on the 3-year CAGR of 14.26%. The category average over the same window would have grown ₹1 lakh to ₹138,715.

A ₹10,000 monthly SIP in Kotak Business Cycle Fund-Direct Plan-IDCW option over the last 3 years — total invested ₹360,000 — would be worth ₹411,324 today. That's an XIRR (money-weighted annualised return) of 8.85%.

Kotak Business Cycle Fund-Direct Plan-IDCW option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹411,324 — XIRR 8.85%.

On a 3-year basis, Kotak Business Cycle Fund-Direct Plan-IDCW option ranks #68 out of 151 funds in the Sectoral/Thematic Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 11.53%; this fund delivered 14.26%.

The worst peak-to-trough decline Kotak Business Cycle Fund-Direct Plan-IDCW option has experienced over the last 3-year window is 20.20% — its NAV fell from a high on 29 Oct 2025 to a low on 30 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Kotak Business Cycle Fund-Direct Plan-IDCW option averaged 17.45% (best 20.26%, worst 14.14%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.58 — reasonable risk-adjusted performance.

In calendar year 2025, Kotak Business Cycle Fund-Direct Plan-IDCW option returned 6.11% — beating the Sectoral/Thematic Fund category average of 1.49% by 4.62 pp. It ranked #62 of 204 in its category that year.

Kotak Business Cycle Fund-Direct Plan-IDCW option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Kotak Business Cycle Fund-Direct Plan-IDCW option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.