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Funds/Kotak ESG Exclusionary Strategy Fund

Kotak ESG Exclusionary Strategy Fund

Kotak Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a heavily concentrated financial services tilt, with banks and non-bank finance representing nearly 31 percent of the portfolio, signaling conviction in India's credit cycle resilience. The manager exited high-dividend energy and pharma plays while boosting software exposure, particularly Infosys, suggesting a shift toward quality growth over cyclical defensiveness. With nearly half the portfolio in ten holdings and minimal cash, this ESG strategy operates with conviction in large-cap quality, betting on domestic economic momentum rather than valuation compression hedges.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹17.6370————
Regular Growth₹16.1770-2.92%-4.02%+10.53%+8.80%
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
47
Top 5 Weight
28.17%
Top 10 Weight
48.56%
Max Position
7.67%
Conviction Bets
17
Gini
0.417
Large Cap
76.57%
Mid Cap
15.31%
Small Cap
3.46%
Top Sector
Banks
Sector Count
22
HHI (bps)
33,303

vs Category Peers

Highly Differentiated
Active Share
70.40%
vs peer portfolio
Weight Overlap
26.59%
with avg peer
Cosine Similarity
0.716
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Similar Funds in Category

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Holdings
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Top 5
39.07%
Gini
0.417
Quant ESG Integration Strategy Fund
quant Mutual Fund
Holdings
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Top 5
43.21%
Gini
0.417
Axis Services Opportunities Fund
Axis Mutual Fund
Holdings
39
Top 5
32.25%
Gini
0.418
Axis ESG Integration Strategy Fund
Axis Mutual Fund
Holdings
42
Top 5
35.05%
Gini
0.416
SBI Equity Minimum Variance Fund
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Top 5
37.58%
Gini
0.418
Samco Active Momentum Fund
Samco Mutual Fund
Holdings
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Top 5
29.11%
Gini
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What Changed2026-03-31 → 2026-04-30

Holdings: 51 → 49+0 added−2 removed16 weight shifts ≥ 0.1%
StockWeight
No new entries this month

Full Holdings

#Holding% to NAV
1
BHARTI AIRTEL LTD.
INE397D01024
7.67%
2
HDFC BANK LTD.
INE040A01034
6.15%
3
ICICI BANK LTD.
INE090A01021
5.04%
4
Infosys Ltd.
INE009A01021
4.71%
5
ETERNAL LIMITED
INE758T01015
4.60%
6
Larsen and Toubro Ltd.
INE018A01030
4.32%
7
BAJAJ FINANCE LTD.
INE296A01032
4.11%
8
Linde India Ltd.
INE473A01011
4.08%
9
AXIS BANK LTD.
INE238A01034
4.05%
10
STATE BANK OF INDIA.
INE062A01020
3.83%
11
Ultratech Cement Ltd.
INE481G01011
3.70%
12
SHRIRAM FINANCE LIMITED
INE721A01047
3.36%
13
Triparty Repo
2.98%
14
BHARAT FORGE LTD.
INE465A01025
2.25%
15
TATA CONSULTANCY SERVICES LTD.
INE467B01029
2.17%
16
Bosch Limited
INE323A01026
2.15%
17
Hero MotoCorp Ltd.
INE158A01026
2.03%
18
Avenue Supermarts Ltd
INE192R01011
2.01%
19
AMBUJA CEMENTS LTD.
INE079A01024
1.77%
20
Glaxosmithkline Pharma Ltd
INE159A01016
1.71%

Sector Allocation

Banks22.1%
IT - Software9.4%
Telecom - Services8.8%
Finance8.5%
Retailing7.8%
Cement and Cement Products5.9%
Auto Components5.2%
Chemicals and Petrochemicals5.2%
Construction4.3%
Pharmaceuticals and Biotechnology4.0%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Kotak ESG Exclusionary Strategy Fund hold?

Kotak ESG Exclusionary Strategy Fund holds 47 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 28.17% of NAV.

What is the largest holding in Kotak ESG Exclusionary Strategy Fund?

The largest position in Kotak ESG Exclusionary Strategy Fund is BHARTI AIRTEL LTD., accounting for 7.67% of NAV in the Telecom - Services sector.

Is Kotak ESG Exclusionary Strategy Fund a concentrated or diversified fund?

With a Gini coefficient of 0.417, Kotak ESG Exclusionary Strategy Fund is well-diversified. The HHI concentration index is 33,303 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 28.17% of the portfolio.

What is the market cap allocation of Kotak ESG Exclusionary Strategy Fund?

Based on SEBI's AMFI classification, Kotak ESG Exclusionary Strategy Fund's equity portfolio is split as: Large Cap: 76.57%, Mid Cap: 15.31%, Small Cap: 3.46%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Kotak ESG Exclusionary Strategy Fund invest in most?

Kotak ESG Exclusionary Strategy Fund has the highest allocation to Banks (22.15%), IT - Software (9.37%), Telecom - Services (8.76%). The fund is invested across 22 sectors in total.

How actively managed is Kotak ESG Exclusionary Strategy Fund compared to other Sectoral / Thematic funds?

Kotak ESG Exclusionary Strategy Fund has an Active Share of 70.40%, 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 ESG Exclusionary Strategy Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Kotak ESG Exclusionary Strategy Fund exited 2 stocks (including RELIANCE INDUSTRIES LTD.). Total holding count decreased from 51 to 49 stocks.