Kotak Active Momentum Fund
Kotak Active Momentum is positioned for cyclical recovery across pharma, autos, and financials while adding exposure to power and metals through recent entries—signaling conviction in infrastructure-led growth and energy transition. The concentrated top-10 at 30% alongside tactical commodity plays suggest the manager is hunting for momentum in undervalued cyclicals rather than riding established trends. The reduction in Vedanta's broad holding coupled with targeted picks in specific metal and power assets indicates a shift toward selective recovery plays over diversified conglomerate exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹10.3350 | — | — | — | — | — | — |
| Regular Growth | ₹10.2320 | +2.45% | -1.48% | -0.55% | — | — | — |
| Direct IDCW | ₹10.3350 | — | — | — | — | — | — |
| Regular IDCW | ₹10.2320 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| VEDANTA IRON & STEEL LTD | 0.34% |
| MALCO ENERGY LIMITED | 0.34% |
| TALWANDI SABO POWER LTD. | 0.34% |
| VEDANTA ALUMINIUM METAL LTD | 0.34% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Laurus Labs Ltd INE947Q01028 | 3.90% |
| 2 | Triparty Repo | 3.89% |
| 3 | GE VERNOVA T&D INDIA LIMITED INE200A01026 | 3.66% |
| 4 | L&T FINANCE HOLDINGS LTD INE498L01015 | 3.60% |
| 5 | ADITYA BIRLA CAPITAL LTD INE674K01013 | 2.98% |
| 6 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 2.63% |
| 7 | Narayana Hrudalaya Ltd INE410P01011 | 2.47% |
| 8 | Eicher Motors Ltd. INE066A01021 | 2.38% |
| 9 | TVS Motor Company Ltd. INE494B01023 | 2.36% |
| 10 | TITAN COMPANY LTD. INE280A01028 | 2.35% |
| 11 | Steel Authority of India Ltd. INE114A01011 | 2.34% |
| 12 | Hindalco Industries Ltd. INE038A01020 | 2.27% |
| 13 | MRF Ltd. INE883A01011 | 2.24% |
| 14 | Minda Industries Ltd. INE405E01023 | 2.19% |
| 15 | National Aluminium Company Ltd. INE139A01034 | 2.15% |
| 16 | HDFC ASSET MANAGEMENT COMPANY LTD. INE127D01025 | 2.14% |
| 17 | Mahindra & Mahindra Ltd. INE101A01026 | 2.08% |
| 18 | MARICO LTD. INE196A01026 | 2.07% |
| 19 | BANK OF MAHARASHTRA INE457A01014 | 2.02% |
| 20 | polycab India Limited INE455K01017 | 1.99% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.