Kotak MF has launched Kotak Business Cycle Fund. The scheme will invest in sectors and stocks which show signs of growth in the business cycle.
The minimum investment for NFO will be ₹5,000. The additional purchase can be made of ₹1,000 and in multiples of Re 1. The minimum amount of SIP is ₹500.
The benchmark for this fund scheme will be Nifty 500 total return index. The fund managers of the scheme will be Pankaj Tibrewal for equity and Abhishek Bisen for debt.
