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Funds/Kotak MNC Fund

Kotak MNC Fund

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

The fund maintains a concentrated bet on multinational-linked businesses—particularly electrical equipment, pharmaceuticals, and defensive FMCG—positioning it for stable earnings and export tailwinds. The manager's recent rotation reveals a shift away from commodity-exposed plays like Vedanta toward quality domestic consumption names and niche industrial exporters, signaling conviction in resilient, margin-accretive businesses over cyclical value. High top-10 concentration and selective portfolio churn suggest disciplined conviction rather than reactive positioning.

Portfolio analysis · April 2026

NAV & Returns

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹12.0000————
Regular Growth₹11.7360+6.77%+20.38%——
Direct IDCW₹12.0010————
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
40
Top 5 Weight
31.36%
Top 10 Weight
50.28%
Max Position
7.67%
Conviction Bets
18
Gini
0.366
Large Cap
39.79%
Mid Cap
21.68%
Small Cap
33.88%
Top Sector
Electrical Equipment
Sector Count
21
HHI (bps)
36,795

vs Category Peers

Highly Differentiated
Active Share
86.86%
vs peer portfolio
Weight Overlap
11.00%
with avg peer
Cosine Similarity
0.283
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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What Changed2026-03-31 → 2026-04-30

Holdings: 41 → 42+7 added−6 removed24 weight shifts ≥ 0.1%
StockWeight
APTUS VALUE HOUSING FINANCE1.52%
MIDWEST LTD1.42%
MALCO ENERGY LIMITED0.89%
TALWANDI SABO POWER LTD.0.89%
VEDANTA ALUMINIUM METAL LTD0.89%
VEDANTA IRON & STEEL LTD0.89%
Igarashi Motors Ltd0.51%

Full Holdings

#Holding% to NAV
1
Maruti Suzuki India Limited
INE585B01010
7.67%
2
Hindustan Unilever Ltd.
INE030A01027
7.47%
3
Britannia Industries Ltd.
INE216A01030
6.07%
4
Nestle India Ltd.
INE239A01024
5.34%
5
Ami Organics Ltd
INE00FF01025
4.81%
6
MTAR TECHNOLOGIES LIMITED
INE864I01014
4.54%
7
GE VERNOVA T&D INDIA LIMITED
INE200A01026
4.14%
8
JB Chemicals & Pharmaceuticals Ltd.
INE572A01036
3.54%
9
AZAD ENGINEERING LTD
INE02IJ01035
3.53%
10
Ashok Leyland Ltd.
INE208A01029
3.17%
11
Nippon Life Asset Management Ltd
INE298J01013
2.88%
12
Cummins India Ltd.
INE298A01020
2.84%
13
United Spirits Ltd
INE854D01024
2.65%
14
Oracle Financial Services Software Ltd
INE881D01027
2.37%
15
Schaeffler India Ltd
INE513A01022
2.35%
16
ZF Commercial Vehicle Control Systems India Ltd
INE342J01019
2.34%
17
ASTER DM HEALTHCARE LTD
INE914M01019
2.16%
18
Siemens Ltd.
INE003A01024
2.11%
19
VEDANTA LTD.
INE205A01025
1.99%
20
BHARTI AIRTEL LTD.
INE397D01024
1.98%

Sector Allocation

Electrical Equipment16.1%
Pharmaceuticals and Biotechnology13.5%
Food Products11.4%
Auto Components7.7%
Automobiles7.7%
Diversified FMCG7.5%
Industrial Products5.4%
Capital Markets4.9%
Healthcare Services4.1%
Agricultural, Commercial and Constr3.2%

Top 10 sectors by % to NAV. Excludes derivatives.

Frequently Asked Questions

How many stocks does Kotak MNC Fund hold?

Kotak MNC Fund holds 40 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 31.36% of NAV.

What is the largest holding in Kotak MNC Fund?

The largest position in Kotak MNC Fund is Maruti Suzuki India Limited, accounting for 7.67% of NAV in the Automobiles sector.

Is Kotak MNC Fund a concentrated or diversified fund?

With a Gini coefficient of 0.366, Kotak MNC Fund is well-diversified. The HHI concentration index is 36,795 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 31.36% of the portfolio.

What is the market cap allocation of Kotak MNC Fund?

Based on SEBI's AMFI classification, Kotak MNC Fund's equity portfolio is split as: Large Cap: 39.79%, Mid Cap: 21.68%, Small Cap: 33.88%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does Kotak MNC Fund invest in most?

Kotak MNC Fund has the highest allocation to Electrical Equipment (16.13%), Pharmaceuticals and Biotechnology (13.49%), Food Products (11.41%). The fund is invested across 21 sectors in total.

How actively managed is Kotak MNC Fund compared to other Sectoral / Thematic funds?

Kotak MNC Fund has an Active Share of 86.86%, 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 MNC Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, Kotak MNC Fund added 7 new stocks (including APTUS VALUE HOUSING FINANCE) and exited 6 stocks (including MIDWEST LTD). Total holding count increased from 41 to 42 stocks.