Kotak Equity Savings Fund
The manager is repositioning toward quality defensives, rotating out of high-volatility plays like EV and e-commerce while adding financial sector exposures and infrastructure plays. The significant reduction in repo allocation and new entries in PSU bonds and NBFCs suggest a tactical shift toward steady dividend yields over growth, signaling conviction that the hybrid mandate works better with established names offering stability. This concentration in banks and telecom reflects confidence in resilient earnings amid market uncertainty.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹27.0155 | +0.63% | +4.71% | +10.38% | +9.99% |
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 |
|---|---|
| Ultratech Cement Ltd. | 0.21% |
| MUTHOOT FINANCE LTD.** | 1.00% |
| TATA CAPITAL LTD.** | 0.20% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | 0.10% |
| REC LTD** | 0.06% |
| REC LTD** | 0.05% |
| Maharashtra State Govt - 2026 - Maharashtra | 0.05% |
| CD UNION BANK OF INDIA** | 0.98% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Triparty Repo | 7.25% |
| 2 | Kotak Liquid Direct Growth INF174K01NE8 | 6.62% |
| 3 | BHARTI AIRTEL LTD. INE397D01024 | 6.37% |
| 4 | Indus Towers Ltd. INE121J01017 | 3.61% |
| 5 | STATE BANK OF INDIA. INE062A01020 | 3.10% |
| 6 | HDFC BANK LTD. INE040A01034 | 2.98% |
| 7 | NTPC LTD INE733E01010 | 2.96% |
| 8 | Maruti Suzuki India Limited INE585B01010 | 2.81% |
| 9 | Adani Ports and Special Economic Zone Limited INE742F01042 | 2.49% |
| 10 | ITC Ltd. INE154A01025 | 2.29% |
| 11 | Hero MotoCorp Ltd. INE158A01026 | 2.26% |
| 12 | ICICI BANK LTD. INE090A01021 | 2.17% |
| 13 | One 97 Communications Ltd INE982J01020 | 2.16% |
| 14 | Radico Khaitan Ltd. INE944F01028 | 2.05% |
| 15 | Mphasis Ltd INE356A01018 | 1.71% |
| 16 | Kotak Low Duration Fund Direct Growth INF178L01AX4 | 1.67% |
| 17 | RELIANCE INDUSTRIES LTD. INE002A01018 | 1.64% |
| 18 | INDUSIND BANK LTD. INE095A01012 | 1.51% |
| 19 | NLC India Ltd. (Neyveli Lignite Corporation Ltd.) INE589A01014 | 1.38% |
| 20 | POONAWALLA FINCORP LIMITED INE511C01022 | 1.36% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak Equity Savings Fund hold?
Kotak Equity Savings Fund holds 145 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 22.68% of NAV.
What is the largest holding in Kotak Equity Savings Fund?
The largest position in Kotak Equity Savings Fund is Triparty Repo, accounting for 7.25% of NAV.
Is Kotak Equity Savings Fund a concentrated or diversified fund?
With a Gini coefficient of 0.658, Kotak Equity Savings Fund is highly concentrated. The HHI concentration index is 20,635 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 22.68% of the portfolio.
What is the market cap allocation of Kotak Equity Savings Fund?
Based on SEBI's AMFI classification, Kotak Equity Savings Fund's equity portfolio is split as: Large Cap: 44.33%, Mid Cap: 16.30%, Small Cap: 5.94%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Equity Savings Fund invest in most?
Kotak Equity Savings Fund has the highest allocation to Banks (13.09%), Telecom - Services (10.46%), Mutual Fund (8.93%). The fund is invested across 43 sectors in total.
How actively managed is Kotak Equity Savings Fund compared to other Equity Savings funds?
Kotak Equity Savings Fund has an Active Share of 64.63%, classifying it as "Active Stock Picker" among 23 Equity Savings peers. This indicates a moderate level of differentiation from category peers.
What changed in Kotak Equity Savings Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Equity Savings Fund added 8 new stocks (including Ultratech Cement Ltd.) and exited 8 stocks (including FSN E-Commerce Ventures Ltd.). Total holding count remained at 147 stocks.