Kotak Consumption Fund
The fund remains heavily tilted toward consumption-led growth, with automobiles and FMCG anchoring nearly half the portfolio through concentrated bets on established staple and discretionary plays. The manager's recent trimming of ITC and addition of defensive consumer names like HUL signal a tactical shift toward quality and resilience, though the aggressive 52% top-10 concentration leaves limited room for flexibility in a volatile market. These moves suggest conviction in consumption's near-term durability, tempered by prudent rotation away from tobacco exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹13.7740 | — | — | — | — | — | — |
| Regular Growth | ₹13.2390 | +2.41% | -4.04% | -8.30% | +2.22% | — | — |
| Direct IDCW | ₹13.7730 | — | — | — | — | — | — |
| Regular IDCW | ₹13.2370 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Hindustan Unilever Ltd. | 5.47% |
| Varun Beverages Limited | 2.47% |
| OLA ELECTRIC MOBILITY LIMITED | 2.17% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Maruti Suzuki India Limited INE585B01010 | 7.64% |
| 2 | BHARTI AIRTEL LTD. INE397D01024 | 6.93% |
| 3 | ETERNAL LIMITED INE758T01015 | 5.83% |
| 4 | Radico Khaitan Ltd. INE944F01028 | 5.59% |
| 5 | Hindustan Unilever Ltd. INE030A01027 | 5.47% |
| 6 | Hero MotoCorp Ltd. INE158A01026 | 5.09% |
| 7 | Ami Organics Ltd INE00FF01025 | 4.79% |
| 8 | Britannia Industries Ltd. INE216A01030 | 3.93% |
| 9 | PARK MEDI WORLD LIMITED (PARK HOSPITAL) INE119201023 | 3.36% |
| 10 | MIDWEST LTD INE0XAD01024 | 3.30% |
| 11 | GREENPANEL INDUSTRIES LTD INE08ZM01014 | 3.25% |
| 12 | Varun Beverages Limited INE200M01039 | 2.47% |
| 13 | GODREJ CONSUMER PRODUCTS LTD. INE102D01028 | 2.39% |
| 14 | Avenue Supermarts Ltd INE192R01011 | 2.31% |
| 15 | OLA ELECTRIC MOBILITY LIMITED INE0LXG01040 | 2.17% |
| 16 | Kajaria Ceramics Ltd. INE217B01036 | 2.04% |
| 17 | Jubilant Foodworks Limited INE797F01020 | 1.98% |
| 18 | PVR LTD. INE191H01014 | 1.93% |
| 19 | Ajanta Pharma Ltd. INE031B01049 | 1.91% |
| 20 | Mahindra & Mahindra Ltd. INE101A01026 | 1.84% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.