NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹16.04
0.17%
NAV as on 18 Dec 24, 12:00 AM
very high risk
equity other
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
equity other
equity
29.11%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.09%p.a.
Since Inception
About Kotak Business Cycle Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Business Cycle Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Sep 2022, Kotak Business Cycle Fund Growth is Equity - Other fund of its category with 2,675.73 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Kotak Business Cycle Fund Growth delivered 29.1% annual returns during the last year. It has delivered 23.1% average annual returns since the fund was launched.
- Kotak Business Cycle Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.
Top 10 Holdings
ICICI Bank Ltd
4.99%
Bharti Hexacom Ltd
3.97%
HDFC Bank Ltd
3.19%
Axis Bank Ltd
3.10%
Zomato Ltd
2.92%
Maruti Suzuki India Ltd
2.84%
Sun Pharmaceuticals Industries Ltd
2.80%
Brigade Enterprises Ltd
2.77%
Vijaya Diagnostic Centre Ltd
2.74%
Century Plyboards (India) Ltd
2.73%
Fund Managers
- Abhishek Bisen (Sep 2022 - Present)
- Harish Bihani (Oct 2023 - Present)
Key Information
View Scheme Document
Kotak Business Cycle Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Kotak Business Cycle Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Business Cycle Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Kotak Business Cycle Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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3Y Return
ICICI Prudential India Opportunities Fund Growth
very high risk | equity
26.7%
HDFC Manufacturing Fund Growth
very high risk | equity
0.0%
ICICI Prudential Business Cycle Fund Growth
very high risk | equity
21.4%
Frequently Asked Questions
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