Kotak Technology Fund
Kotak Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund maintains a concentrated bet on India's tech and telecom sectors, with over half its portfolio in IT services despite a slight pullback in Infosys. The manager's strategy appears focused on quality large-cap technology plays and telecom infrastructure leaders, anchored by just two mega-cap names representing 36% of assets. The marginal reduction in Infosys suggests modest rebalancing rather than conviction erosion, with the portfolio staying fully deployed at 97.5% equity.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹9.6140 | — | — | — | — | — | — |
| Regular Growth | ₹9.3120 | -5.83% | -12.70% | -19.37% | -17.85% | — | — |
| Direct IDCW | ₹9.6130 | — | — | — | — | — | — |
| Regular IDCW | ₹9.3120 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
25
Top 5 Weight
55.99%
Top 10 Weight
73.97%
Active Share
—
Large Cap
62.26%
Gini
0.504
What Changed2026-03-31 → 2026-04-30
Holdings: 27 → 27+0 added−0 removed16 weight shifts ≥ 0.1%
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | BHARTI AIRTEL LTD. INE397D01024 | 17.96% |
| 2 | Infosys Ltd. INE009A01021 | 17.95% |
| 3 | Tech Mahindra Ltd. INE669C01036 | 6.95% |
| 4 | TATA CONSULTANCY SERVICES LTD. INE467B01029 | 6.80% |
| 5 | ETERNAL LIMITED INE758T01015 | 6.33% |
| 6 | Persistent Systems Limited INE262H01021 | 4.04% |
| 7 | Mphasis Ltd INE356A01018 | 3.93% |
| 8 | BHARTI HEXACOM LTD. INE343G01021 | 3.62% |
| 9 | HCL Technologies Ltd. INE860A01027 | 3.22% |
| 10 | Indus Towers Ltd. INE121J01017 | 3.17% |
| 11 | Triparty Repo | 3.10% |
| 12 | SWIGGY LTD INE00H001014 | 2.74% |
| 13 | COGNIZANT TECHNOLOGY SOLUTIONS US1924461023 | 2.63% |
| 14 | Oracle Financial Services Software Ltd INE881D01027 | 2.37% |
| 15 | Dixon Technologies India Ltd INE935N01020 | 2.23% |
| 16 | Coforge Limited INE591G01025 | 2.00% |
| 17 | PHYSICSWALLAH LIMITED INE0LP301011 | 1.95% |
| 18 | Wipro Ltd. INE075A01022 | 1.54% |
| 19 | FSN E-Commerce Ventures Ltd. INE388Y01029 | 1.51% |
| 20 | Larsen & Toubro Infotech Ltd INE214T01019 | 1.51% |
Sector Allocation
IT - Software54.6%
Telecom - Services24.8%
Retailing11.6%
Consumer Durables2.2%
Other Consumer Services1.9%
Transport Services1.2%
Commercial Services and Supplies1.1%
Industrial Manufacturing0.1%
Top 10 sectors by % to NAV. Excludes derivatives.