Asset Sadhu
Funds/Kotak Debt Hybrid Fund

Kotak Debt Hybrid Fund

Kotak Mutual Fund·Conservative Hybrid Fund·vs Peer Median

Kotak Debt Hybrid is positioned for steady returns through a fortress-like debt allocation bolstered by heavy liquidity, reflecting defensive positioning in an uncertain rate environment. The manager's conviction shifted notably toward repo instruments and shorter-duration government securities while trimming longer-dated bonds, signaling expectations of near-term volatility before potential rate cuts. Modest equity pruning of high-beta names paired with infrastructure stock additions suggests a recalibration toward quality and dividend stability over growth.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Regular Growth₹58.4148-0.61%-0.37%+8.22%+8.26%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
120
Top 5 Weight
19.32%
Top 10 Weight
30.06%
Max Position
6.48%
Conviction Bets
8
Gini
0.580
Large Cap
16.50%
Mid Cap
3.60%
Small Cap
1.83%
Top Sector
SOV
Sector Count
36
HHI (bps)
14,769

vs Category Peers

Highly Differentiated
Active Share
71.19%
vs peer portfolio
Weight Overlap
13.32%
with avg peer
Cosine Similarity
0.285
portfolio angle
Peer Count
16
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

Nippon India Conservative Hybrid Fund
Nippon India Mutual Fund
Holdings
90
Top 5
19.62%
Gini
0.582
Bank of India Conservative Hybrid Fund
Bank of India Mutual Fund
Holdings
46
Top 5
33.15%
Gini
0.575
Franklin India Conservative Hybrid Fund
Franklin Templeton Mutual Fund
Holdings
56
Top 5
32.83%
Gini
0.606
DSP Regular Savings Fund
DSP Mutual Fund
Holdings
49
Top 5
39.79%
Gini
0.614
Parag Parikh Conservative Hybrid Fund
PPFAS Mutual Fund
Holdings
107
Top 5
22.48%
Gini
0.534
Axis Conservative Hybrid Fund
Axis Mutual Fund
Holdings
55
Top 5
49.82%
Gini
0.646

What Changed2026-03-31 → 2026-04-30

Holdings: 122 → 122+4 added−4 removed5 weight shifts ≥ 0.1%
StockWeight
Indus Towers Ltd.0.30%
REC LTD0.86%
Andhra Pradesh State Govt - 2033 - Andhra Pradesh1.65%
Tamil Nadu State Govt - 2028 - Tamil Nadu0.18%

Full Holdings

#Holding% to NAV
1
Triparty Repo
19.38%
2
Central Government - 2065(^)
IN0020250018
6.48%
3
ZCB JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) (^)**
INE02PE08036
3.60%
4
CD UNION BANK OF INDIA**
INE692A16KF2
3.43%
5
CD PUNJAB NATIONAL BANK
INE160A16UE2
3.27%
6
SO PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST)**
INE2I7F15012
2.54%
7
SO PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST)**
INE2I7G15010
2.54%
8
Central Government - 2055
IN0020250075
2.48%
9
Karnataka State Govt - 2040 - Karnataka
IN1920250314
2.03%
10
National Housing Bank**
INE557F08GE4
1.99%
11
Net Current Assets/(Liabilities)
1.74%
12
Karnataka State Govt - 2036 - Karnataka
IN1920250199
1.70%
13
Karnataka State Govt - 2032 - Karnataka
IN1920250173
1.70%
14
Andhra Pradesh State Govt - 2033 - Andhra Pradesh
IN1020250230
1.65%
15
ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED**
INE0M2307321
1.64%
16
BHARTI AIRTEL LTD.
INE397D01024
1.54%
17
STATE BANK OF INDIA.
INE062A01020
1.30%
18
NTPC LTD
INE733E01010
1.27%
19
HDFC BANK LTD.
INE040A01034
1.24%
20
ADANI POWER LTD**
INE814H07208
1.20%

Sector Allocation

SOV25.6%
Banks5.8%
FITCH AA(CE)5.3%
CRISIL AAA(SO)5.1%
CRISIL AA4.8%
CRISIL AAA4.0%
ICRA A1+3.4%
CRISIL A1+3.3%
ICRA AAA2.2%
Automobiles2.1%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Kotak Debt Hybrid Fund hold?

Kotak Debt Hybrid Fund holds 120 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 19.32% of NAV.

What is the largest holding in Kotak Debt Hybrid Fund?

The largest position in Kotak Debt Hybrid Fund is Triparty Repo, accounting for 19.38% of NAV.

Is Kotak Debt Hybrid Fund a concentrated or diversified fund?

With a Gini coefficient of 0.580, Kotak Debt Hybrid Fund is moderately concentrated. The HHI concentration index is 14,769 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 19.32% of the portfolio.

What is the market cap allocation of Kotak Debt Hybrid Fund?

Based on SEBI's AMFI classification, Kotak Debt Hybrid Fund's equity portfolio is split as: Large Cap: 16.50%, Mid Cap: 3.60%, Small Cap: 1.83%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Kotak Debt Hybrid Fund invest in most?

Kotak Debt Hybrid Fund has the highest allocation to SOV (25.58%), Banks (5.79%), FITCH AA(CE) (5.28%). The fund is invested across 36 sectors in total.

How actively managed is Kotak Debt Hybrid Fund compared to other Conservative Hybrid Fund funds?

Kotak Debt Hybrid Fund has an Active Share of 71.19%, classifying it as "Highly Differentiated" among 16 Conservative Hybrid Fund peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in Kotak Debt Hybrid Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Kotak Debt Hybrid Fund added 4 new stocks (including Indus Towers Ltd.) and exited 4 stocks (including JYOTI CNC AUTOMATION LTD). Total holding count remained at 122 stocks.