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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular IDCW | ₹9.3790 | -0.74% | -6.12% | — | — | — | — |
Portfolio Metrics(latest month)
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.