Kotak Energy Opportunities Fund
The fund remains heavily tilted toward India's energy infrastructure transition, with power generation and electrical equipment stocks representing nearly 47 percent of the portfolio. The concentrated bet on NTPC, Reliance, and transmission equipment makers signals conviction in the grid modernization and renewable energy buildout thesis. Notably, the manager trimmed Reliance while adding REC, suggesting a shift toward pure-play energy finance and infrastructure plays over integrated energy majors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹10.6550 | +0.68% | +5.03% | — | — |
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 |
|---|---|
| REC LTD | 1.15% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | NTPC LTD INE733E01010 | 9.62% |
| 2 | Triparty Repo | 5.93% |
| 3 | RELIANCE INDUSTRIES LTD. INE002A01018 | 5.18% |
| 4 | BHARAT PETROLEUM CORPORATION LTD. INE029A01011 | 4.89% |
| 5 | GE VERNOVA T&D INDIA LIMITED INE200A01026 | 4.85% |
| 6 | ABB India Ltd. INE117A01022 | 4.71% |
| 7 | Power Grid Corporation of India Ltd. INE752E01010 | 4.61% |
| 8 | Siemens Ltd. INE003A01024 | 4.55% |
| 9 | GAIL (India) Ltd. INE129A01019 | 4.43% |
| 10 | Larsen and Toubro Ltd. INE018A01030 | 3.92% |
| 11 | HINDUSTAN PETROLEUM CORPORATION LTD. INE094A01015 | 3.25% |
| 12 | INDIAN OIL CORPORATION LTD. INE242A01010 | 3.09% |
| 13 | KALPATARU PROJECTS INTERNATIONAL LIMITED INE220B01022 | 2.71% |
| 14 | Petronet LNG Ltd. INE347G01014 | 2.70% |
| 15 | CESC Ltd. INE486A01021 | 2.44% |
| 16 | Tata Power Company Ltd. INE245A01021 | 2.41% |
| 17 | Linde India Ltd. INE473A01011 | 2.40% |
| 18 | Cummins India Ltd. INE298A01020 | 2.29% |
| 19 | Torrent Power Ltd INE813H01021 | 2.26% |
| 20 | Oil And Natural Gas Corporation Ltd. INE213A01029 | 2.17% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Kotak Energy Opportunities Fund hold?
Kotak Energy Opportunities Fund holds 36 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 29.25% of NAV.
What is the largest holding in Kotak Energy Opportunities Fund?
The largest position in Kotak Energy Opportunities Fund is NTPC LTD, accounting for 9.62% of NAV in the Power sector.
Is Kotak Energy Opportunities Fund a concentrated or diversified fund?
With a Gini coefficient of 0.358, Kotak Energy Opportunities Fund is well-diversified. The HHI concentration index is 36,592 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 29.25% of the portfolio.
What is the market cap allocation of Kotak Energy Opportunities Fund?
Based on SEBI's AMFI classification, Kotak Energy Opportunities Fund's equity portfolio is split as: Large Cap: 55.07%, Mid Cap: 24.44%, Small Cap: 14.68%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Kotak Energy Opportunities Fund invest in most?
Kotak Energy Opportunities Fund has the highest allocation to Power (26.10%), Electrical Equipment (20.67%), Petroleum Products (17.48%). The fund is invested across 12 sectors in total.
How actively managed is Kotak Energy Opportunities Fund compared to other Sectoral / Thematic funds?
Kotak Energy Opportunities Fund has an Active Share of 86.33%, 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 Energy Opportunities Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Kotak Energy Opportunities Fund added 1 new stock (including REC LTD) and exited 1 stock (including GUJARAT STATE PETRONET LTD.). Total holding count remained at 38 stocks.