Kotak Dividend Yield Fund
The fund maintains a heavy financial sector tilt with banks accounting for nearly a quarter of assets, reflecting a clear bet on dividend-yielding stability over growth. The manager's recent additions of Power Finance Corporation and Wipro suggest conviction in capturing dividend opportunities within infrastructure financing and IT, while paring back repo positions signals a shift toward higher-conviction equity bets. With 51 holdings and 35% concentrated in the top ten, the strategy balances income generation through quality large-caps with modest diversification to manage concentration risk.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular IDCW | ₹9.4750 | -1.15% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Power Finance Corporation Ltd. | 0.99% |
| Wipro Ltd. | 0.44% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC BANK LTD. INE040A01034 | 5.35% |
| 2 | ICICI BANK LTD. INE090A01021 | 5.13% |
| 3 | RELIANCE INDUSTRIES LTD. INE002A01018 | 3.80% |
| 4 | BHARTI AIRTEL LTD. INE397D01024 | 3.39% |
| 5 | STATE BANK OF INDIA. INE062A01020 | 3.37% |
| 6 | Larsen and Toubro Ltd. INE018A01030 | 3.26% |
| 7 | Triparty Repo | 3.09% |
| 8 | NTPC LTD INE733E01010 | 2.96% |
| 9 | Max Healthcare Institute Ltd. INE027H01010 | 2.61% |
| 10 | SUN PHARMACEUTICAL INDUSTRIES LTD. INE044A01036 | 2.59% |
| 11 | Solar Industries India Limited INE343H01029 | 2.49% |
| 12 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 2.46% |
| 13 | BANK OF MAHARASHTRA INE457A01014 | 2.25% |
| 14 | AXIS BANK LTD. INE238A01034 | 2.25% |
| 15 | Maruti Suzuki India Limited INE585B01010 | 2.21% |
| 16 | HDFC ASSET MANAGEMENT COMPANY LTD. INE127D01025 | 2.17% |
| 17 | Ultratech Cement Ltd. INE481G01011 | 2.14% |
| 18 | Power Grid Corporation of India Ltd. INE752E01010 | 2.11% |
| 19 | Tata Steel Ltd. INE081A01020 | 2.09% |
| 20 | BANK OF BARODA INE028A01039 | 2.07% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak Dividend Yield Fund hold?
Kotak Dividend Yield Fund holds 49 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 21.04% of NAV.
What is the largest holding in Kotak Dividend Yield Fund?
The largest position in Kotak Dividend Yield Fund is HDFC BANK LTD., accounting for 5.35% of NAV in the Banks sector.
Is Kotak Dividend Yield Fund a concentrated or diversified fund?
With a Gini coefficient of 0.261, Kotak Dividend Yield Fund is well-diversified. The HHI concentration index is 24,087 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 21.04% of the portfolio.
What is the market cap allocation of Kotak Dividend Yield Fund?
Based on SEBI's AMFI classification, Kotak Dividend Yield Fund's equity portfolio is split as: Large Cap: 78.45%, Mid Cap: 16.56%, Small Cap: 2.05%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Dividend Yield Fund invest in most?
Kotak Dividend Yield Fund has the highest allocation to Banks (23.26%), IT - Software (6.53%), Automobiles (6.21%). The fund is invested across 24 sectors in total.
How actively managed is Kotak Dividend Yield Fund compared to other Dividend Yield Fund funds?
Kotak Dividend Yield Fund has an Active Share of 51.48%, classifying it as "Active Stock Picker" among 11 Dividend Yield Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Kotak Dividend Yield Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Dividend Yield Fund added 2 new stocks (including Power Finance Corporation Ltd.). Total holding count increased from 49 to 51 stocks.