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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹10.4140 | — | — | — | — |
| Regular Growth | ₹10.3100 | +0.73% | — | — | — |
| Direct IDCW | ₹10.4140 | — | — | — | — |
| Regular IDCW | ₹10.3100 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| 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.
Frequently Asked Questions
How many stocks does Kotak Active Momentum Fund hold?
Kotak Active Momentum Fund holds 52 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.77% of NAV.
What is the largest holding in Kotak Active Momentum Fund?
The largest position in Kotak Active Momentum Fund is Laurus Labs Ltd, accounting for 3.90% of NAV in the Pharmaceuticals and Biotechnology sector.
Is Kotak Active Momentum Fund a concentrated or diversified fund?
With a Gini coefficient of 0.208, Kotak Active Momentum Fund is well-diversified. The HHI concentration index is 20,625 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.77% of the portfolio.
What is the market cap allocation of Kotak Active Momentum Fund?
Based on SEBI's AMFI classification, Kotak Active Momentum Fund's equity portfolio is split as: Large Cap: 34.30%, Mid Cap: 58.26%, Small Cap: 2.34%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Active Momentum Fund invest in most?
Kotak Active Momentum Fund has the highest allocation to Pharmaceuticals and Biotechnology (10.19%), Banks (9.39%), Automobiles (8.71%). The fund is invested across 23 sectors in total.
How actively managed is Kotak Active Momentum Fund compared to other Sectoral / Thematic funds?
Kotak Active Momentum Fund has an Active Share of 81.71%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in Kotak Active Momentum Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Active Momentum Fund added 4 new stocks (including VEDANTA IRON & STEEL LTD). Total holding count increased from 50 to 54 stocks.