3 Year return

0
Launched on September 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹2470.51 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

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. 1.00% - If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment. Nil - If units are redeemed or switched out on or after 1 year from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Kotak Mahindra Mutual Fund Managers

PT

Pankaj Tibrewal

Fund Manager since Sep 2022

View Details

Fund House Details

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund Asset management company

AUM ₹384,007.34 Cr.
No. of Schemes 175
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Kotak Mahindra Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Growth

12.82%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Payout of IDCW Payout

12.82%

About Kotak Business Cycle Fund Direct Plan IDCW Reinvestment

The Kotak Business Cycle Fund Direct Plan IDCW Reinvestment fund is a dynamic asset allocation fund managed by Kotak Mahindra Mutual Fund. It is a type of fund that invests in a diversified portfolio of equity and debt securities, with the allocation of assets between equity and debt varying depending on the economic cycle. This is an open-ended investment scheme that provides the investor with an opportunity to invest at any time. The expense ratio of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment is lower compared to its category average.

Investment Objectives of the Scheme

The investment objective of the Kotak Business Cycle Fund Direct Plan IDCW Reinvestment fund is to generate returns that are higher than those of a pure equity fund in a bull market and lower than those of a pure debt fund in a bear market. The fund aims to achieve this by investing in a diversified portfolio of equity and debt securities, with the allocation of assets between equity and debt varying depending on the economic cycle.

Key Features of The Fund

5-year return NA
Expense Ratio 0.45%
Fund Manager Pankaj Tibrewal
Fund Size ₹2470.51 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Kotak Business Cycle Fund Direct Plan IDCW Reinvestment fund is suitable for investors who are looking for a balanced investment option that offers the potential for growth with some downside protection. The fund is also suitable for investors who are looking for an investment that can help them protect their wealth in a bear market. However, talk to your financial advisor and ensure that you are considering your investment objectives and risk appetite.

AMC Contact Details

Name Kotak Mahindra Mutual Fund
Launch Date December 1998
Addresss 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East), Mumbai - 400 051
Contact 18003091490 044-40229101
Email mutual@kotak.com
Website https://www.kotakmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Reach Your Goals Faster with SIP

Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.

FAQs

What is today's NAV of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment Jun 18 2024 is 15.269

What is the AUM of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment is 2470.51 crore.

What is the expense ratio of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment is 0.45%

What are the returns of Kotak Business Cycle Fund Direct Plan IDCW Reinvestment since inception?

The Kotak Business Cycle Fund Direct Plan IDCW Reinvestment was launched on Sep 07 2022. The fund has delivered a CAGR of 27.36 since inception.

What is the minimum SIP amount to invest in Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Kotak Business Cycle Fund Direct Plan IDCW Reinvestment is 100.

How do I invest in Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Kotak Business Cycle Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.