This paper presents a PF (Power Factor Correction) converter for switched reluctance motor (SRM) drive. Here, KY Converter is proposed for a wide variation of speed control and achieving power correction at AC mains. The converter has a switching frequency of 20 kHz. The KY Converter is a step up converter. The name given to this converter is the first letter of the authors, K.I. Hwu, Y. T. Yau. The KY converter always operate in CCM, and the output current is non-pulsating, and output voltage ripple is low and has higher voltage boosting capability. Normally the converter is used as a power converter for SRM drive is the asymmetric converter. Conventionally three phase ac mains is fed to bridge rectifier is used as a dc source to feed this power converter which possesses a high content of harmonics at ac mains with a very low power factor. The proposed converter reduces a conduction loss, input current ripple, torque ripples and also the Total Harmonic Distortion (THD) and improves power factor. A nearly unity power factor (PF) and 2.97% total harmonic distortion (THD) of input ac current are acquired with maximum efficiency. Thus the presented converter topology gives many advantages for many variable speed drive applications.