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Kotak Asset Management Company launches Business Cycle Fund



Kotak Mahindra Asset Management Company Ltd on Tuesday announced the launch of Kotak Business Cycle Fund, an open-ended scheme following business cycles based investing theme that would invest in stocks and sectors of the companies that can navigate through economic cycles.

The scheme opens for public subscription on 7th September, 2022 and closes on 21st September, 2022. Investors can invest a minimum amount of Rs 5,000 during the NFO period.

The term “Business Cycle” refers to various stages where a company or a specific sector undergoes a period of expansion, moderation and contraction in the business.

Kotak Business Cycle Fund will take into account various economic parameters (GDP growth, current account deficit, corporate profit growth trend, inflation etc.), investment indicators (investment in capex, capacity utilisation, credit growth, etc.), business and leading economic indicators (business confidence index, purchasing manager index, etc.) before committing any investment.

“Kotak Business Cycle Fund provides a good opportunity for investors to diversify their equity portfolio as there are equity stocks across categories, which tend to do better at various stages of the Business Cycle. Even during challenging times of economic slowdown, these companies have managed to navigate the challenges and perform well across various economic parameters,” said Nilesh Shah, Group President and Managing Director, Kotak Mahindra Asset Management Co. Ltd.

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