Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
17.3%
0.36
0.47
1.07
-0.21%
-20.7%
88.73
Nifty 500 benchmark
15.2%
0.39
0.58
—
—
-37.3%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
36 months this scheme and its benchmark share.
Growth of ₹100 since launch
Drawdown from peak (%)
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
714
-7.0%
12.6%
44.6%
12%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
How it behaves against its benchmark
Up capture
Down capture
Correlation
Tracking error
Information ratio
Treynor
105%
105%
0.94
5.9%
0.03
5.69
Up capture is how much of the benchmark's gain this scheme kept in the months the
benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it
on the up side is the combination every fund is trying for and few reach.
Measured over the 36 months this scheme and
Nifty 500 share.
Kotak Business Cycle Fund
Regular Plan · IDCW option
Allocation
By asset
Equity
98.63%
Cash & Equivalents
1.37%
By market cap
Large Cap
42.03%
Mid Cap
20.96%
Small Cap
30.46%
Unclassified
5.18%
Concentration
Number of stocks
52
Top 5 stocks
25.54%
Top 10 stocks
40.82%
Top 20 stocks
61.72%
Lines in the filing
54
Largest holding
7.69%
Largest sector
Banks 15.83%
Effective stocks
35.7
Sectors held
27
Cash
1.37%
Effective stocks is what the concentration works out to: a fund holding
52 names but most of its money in a few
behaves like a fund of 36. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Banks
15.83%
Retailing
10.31%
Industrial Manufacturing
10.13%
Healthcare Services
9.71%
Automobiles
5.10%
Capital Markets
4.71%
IT - Software
3.96%
Power
3.91%
Insurance
3.83%
Finance
3.48%
Consumer Durables
2.84%
Realty
2.79%
Telecom - Services
2.64%
Pharmaceuticals and Biotechnology
2.47%
Auto Components
2.08%
Industrial Products
1.77%
Non - Ferrous Metals
1.75%
Cement and Cement Products
1.67%
Personal Products
1.62%
Construction
1.58%
Kotak Business Cycle Fund
Regular Plan · IDCW option · holdings
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
ICICI BANK LTD.
Banks
1,985,000
262
7.69%
2
ADITYA INFOTECH LIMITED
Industrial Manufacturing
509,134
196
5.74%
3
INDO-MIM LTD
Industrial Manufacturing
1,206,190
150
4.39%
4
ETERNAL LIMITED
Retailing
4,317,073
138
4.05%
5
AXIS BANK LTD.
Banks
1,020,975
125
3.67%
6
ASTER DM HEALTHCARE LTD
Healthcare Services
1,652,168
115
3.37%
7
KRISHNA INSTITUTE OF MEDICAL
Healthcare Services
1,478,422
110
3.23%
8
VIJAYA DIAGNOSTIC CENTRE PVT
Healthcare Services
737,748
106
3.11%
9
ACME SOLAR HOLDINGS LTD.
Power
2,229,801
98
2.87%
10
LENSKART SOLUTIONS LIMITED
Retailing
1,346,366
92
2.70%
11
BHARTI HEXACOM LTD.
Telecom - Services
631,828
90
2.64%
12
HDFC BANK LTD.
Banks
1,260,000
89
2.62%
13
SHRIRAM FINANCE LIMITED
Finance
860,663
85
2.48%
14
Maruti Suzuki India Limited
Automobiles
59,694
71
2.09%
15
360 ONE WAM LIMITED
Capital Markets
659,896
68
1.99%
16
Mahindra & Mahindra Ltd.
Automobiles
215,000
63
1.86%
17
VISHAL MEGA MART LIMITED
Retailing
6,263,421
63
1.85%
18
INDIAN BANK
Banks
781,780
63
1.85%
19
HAPPY FORGINGS LTD
Industrial Products
291,700
60
1.77%
20
VEDANTA ALUMINIUM METAL LTD
Non - Ferrous Metals
1,450,000
60
1.75%
21
Avenue Supermarts Ltd
Retailing
153,628
58
1.71%
22
Century Plyboards (India) Ltd.
Consumer Durables
853,571
58
1.70%
23
Ultratech Cement Ltd.
Cement and Cement Products
52,000
57
1.67%
24
SBI Life Insurance Company Ltd
Insurance
332,918
56
1.65%
25
GODREJ CONSUMER PRODUCTS LTD.
Personal Products
652,244
55
1.62%
26
ICICI Lombard General Insurance Company Ltd
Insurance
346,300
55
1.61%
27
KALPATARU PROJECTS INTERNATIONAL LIMITED
Construction
391,038
54
1.58%
28
Triparty Repo
—
53
1.55%
29
MANKIND PHARMA LTD
Pharmaceuticals and Biotechnology
201,358
50
1.48%
30
Mphasis Ltd
IT - Software
230,914
50
1.46%
Kotak Business Cycle Fund
Regular Plan · IDCW option · where the money sits
What the manager did last month
Between the filings of 30 Jun 2026 and 31 Jul 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹4 cr
₹1 cr
3
3
+2.34%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
INE084101034
1,206,190
entered
—
93.6
INE640G01020
522,626
entered
—
30.8
INE12UN01015
937,054
entered
—
22.8
Added to
INE093A01041
77,200
+11.2%
+9.1%
4.3
Trimmed
INE914M01019
9,011
-0.5%
+4.8%
0.7
Sold out of
INE854D01024
344,778
exited
—
46.6
INE813A01018
1,069,070
exited
—
39.2
INE02RE01045
569,911
exited
—
12.7
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
Not investment advice. InvestVerdict is not a SEBI-registered Investment
Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 30 Oct 2026.
